Daily monitor

In November, the Bogdan Automobile Plant [LUAZ UZ, BUY] reported an output drop of 20.59% (or 1,497 cars) to 5,772 cars, compared to October’s production level.

The Cabinet of Ministers has allocated UAH 30 mln to the Executive Committee of the Zaporizhya City Council from the 2008 national budget for the construction of bridges as part of a highway across the Dnieper River.

As Ukrsotsbank [USCB UZ, U/R] has announced in a statement, the bank has repaid a syndicated loan of USD 200 million.

Yesterday the coalition in the Ukrainian Parliament was restored after the pro-presidential Nasha Ukrayina-Narodna Samooborona (NU-NS) completed negotiations with the Bloc of Yulia Tymoshenko (BYuT), led by current Prime Minister Yulia Tymoshenko, and the Bloc of Lytvyn (BL), chaired by Volodymyr Lytvyn.

The National Bank of Ukraine (NBU) has reported that narrow money fell 0.3% MoM in November (21.8% growth YTD), thus reaching UAH 172.8 bln (USD 23.4 bln), while M3 grew 0.4% MoM (22% growth YTD), reaching UAH 483.2 bln (USD 65.3 bln).

In November, the Zaporizhia car assembly plant (ZAZ) – the largest producer of cars in Ukraine – reduced its production by 63.47% (or 11,539 cars) to 6,641 cars, compared to October. This data was released in a statement made by the plant, according to the Ukrainian News agency.

Given the exclusive niche held by Motor Sich [MSICH UZ, U/R] in the aircraft engine industry, it seems that it is bound to benefit from a deal signed this past week in India.

The AvtoKrAZ Holding Company [KRAZ UZ, N/R], based in Kremenchug, Poltava region, has reached an agreement whereby the company will supply 160 vehicle sets to Cuba and engage in long-term cooperation in the framework of a project for modernizing Cuba’s motor transport vehicle fleet.

A new initiative whereby Ukrainian subscribers may be able to change from one telephone operator to another while still maintaining their same number and national roaming service thanks to the introduction of Ukraine’s parliament of draft law No. 3420 “On amending the Law of Ukraine “On Telecommunications” (to increase the list of services)” of 28.11.2008.

Transport and Communications Minister Yosyp Vinskyi has insisted that the state rail transport administration Ukrzaliznytsia settles its debts owed to railcar-building and railcar-repairing companies before December 15. This information was released in a statement issued by the press service of the Transport and Communications Ministry.