Shareholders of Shostka Milk [SHMK UZ, U/R], one of the top Ukrainian dairy producers approved annual financial results for 2007 at their AGM May 21.
Wholesale electricity price for June 2008, set by the National Electricity Regulatory Commission (NERC), increased 6% compared to May, reaching USD 64 per MWh. For January-May 2008, the increase of the wholesale electricity price amounted to 18.2%.
The official USD/UAH exchange rate has appreciated 4.1% to 4.85 UAH.
Azovstal [AZST UZ, BUY] is convening a general meeting on July 04, the main agenda topic being an approval of a share offering plan.
Ukrnafta [UNAF UZ, BUY] plans to sell 216.4 thsd metric tons of oil and 8.8 thsd metric tons of gas condensate at Ukrainian Energy resources Auction 117 on May 22.
On May 20, EastOne, the main holding company of Viktor Pinchuk, disclosed that it had sold its stake in Dniprospetsstal [DNSS UZ, U/R].
On May 20, Zaporizhstal [ZPST UZ, BUY] re-opened on PFTS after almost 2 years of being delisted.
Kryukivka Carriage Works [KVBZ, U/R] increased its production in April 6.9% MoM from 608 to 652 carriages, four of which were passenger cars.
In 4M2008, Interpipe Nyzhnodniprovsky Pipe Rolling Works [NITR UZ, SELL], reduced its pipe output 1.8% YoY to 204.2 thsd metric tons. In April 2008, the mill produced 50.4 thsd metric tons of pipes (6.7% fall MoM).
Veres Group, one of the top Ukrainian producers of preserved food, is considering an IPO.
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