The Cabinet of Ministers of Ukraine transferred the Ministry of Industrial Policy of Ukraine authority for the management of state corporate rights for a number of enterprises. This includes 99.57% of the Odessa Port Plant, 75.22% of Turboatom, 50% of Azovmash, in addition to stakes in other companies.
The Ukrainian government has decided to implement markup ceilings for pharmaceuticals.
According to the Press Service of the Ministry of Transport and Communications of Ukraine, local communications operators increased revenues from telecommunications services by 18% YoY for the period January-September 2008.
Three banks that rank among Ukraine’s major banks have taken action to increase the situation with regards to their respective liquidity.
The State Statistics Committee of Ukraine announced that unemployment in September stayed at the 1.8% level, the same as in August and July 2008.
A new brand - Vega - was presented on the Ukrainian telecommunications market on October 15, 2008.
The Council of the National Bank of Ukraine (NBU) has called for the nationalization of the Kyiv-based Prominvestbank (PIB).
Prime Minister Yulia Tymoshenko has asked the State Prosecutor’s office to investigate unreasonable prices increases in the wholesale pharmaceutical sector.
Things are on track with respect to the technical upgrading of the Donetsk-based Kramatorsk “Pushka” Cement Plant [KRCS UZ, BUY] and the JSC Balcem (Kharkov Region).
The European Bank of Reconstruction and Development (EBRD) has bought a 17.5% share in Shostka Milk [SHMK UZ, N/R].
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