Daily monitor

Ukraine has launched an anti-dumping investigation on poultry imported from USA and Brazil. Top Ukrainian poultry producers have initiated this investigation.

Ukrros [UROS UZ, N/R], a Ukrainian sugar producer, has released its plans for 2009.

At its last AGM, the western Ukrainian electricity distribution company Zakarpattyaoblenergo [ZOEN UZ, BUY] decided to pay out UAH 3.86 mln in dividends for the year 2008.

On March 17, 2009, nearly five months after imposing provisional administration on Prominvestbank, the NBU has withdrawn Prominvestbank from provisional administration.

All industries in Ukraine saw a dramatic decline in real output in January-February 2009 compared to the respective period of 2008.

The Luhansk-based Stakhaniv Railcar Works [SVGZ UZ, U/R], one of the largest wagon producers in Ukraine and part of the AvtoKrAZ holding, has announced the successful delivery of over 700 metric tons of welded metalware to the Poltava Ore Mining and Enrichment Plant, otherwise known as Poltava GOK [PGOK UZ, U/R].

Yesterday, the National Bank of Ukraine (NBU) has taken Rodovid Bank [RODB UZ, U/R] under provisional administration for the term of one year.

Megabank [MEGA UZ, U/R] is going to increase its statutory fund by UAH 150 mln, from UAH 200 mln to UAH 350 mln through the issue of additional shares at a par value of UAH 1. This decision will be voted on by shareholders on March, 19. The share issue is scheduled to take place March 25-31.

The Smart Holding, a Ukrainian business group owned by oligarch Vadim Novinsky, is in the process of establishing the grain trading company “Sagro”.

A representative of the State Property Fund of Ukraine informed that the state is preparing to sell blocking stakes in five regional electricity distributors: Chernigivoblenergo [CHEON UZ, BUY], Lvivoblenergo [LVON UZ, BUY], Poltaveoblenergo [POON UZ, BUY], Prykarpattyaoblenergo [PREN UZ, BUY], and Sumyoblenergo.