Daily monitor

After consultations with major political forces on Wednesday, October 8, 2008, President of Ukraine Viktor Yuschenko dismissed the Ukrainian Parliament.

According to Ukraine’s Mintopenergo (Ministry of Fuel and Energy), the electricity production of Ukraine’s Unified Energy System (OES) totaled 145,342,300,000 kWh for the period January-September 2008, which is 2.3% more than for the period January-September 2007.

The State Property Fund (SPF) plans to sell its 11% stake in the Mariupol Heavy Machinery [MZVM UZ, BUY].

According to the information released on Tuesday, October 7, the Council of the National Bank of Ukraine reconsidered the target rates for the UAH vs the USD.

Dakor [DAKOR UZ, N/R], a Ukrainian vertically integrated sugar producer with a land bank of 122 thsd ha, is going to produce a total of 110 thsd mt of sugar in the 2008/09 marketing year.

Stakhaniv Railcar Works [SVGZ UZ, BUY], at their EGM on October 06, has approved a share issuance that was held from July 08 to July 29 of this year.

According to the early morning announcement of the State Statistics Committee of Ukraine, PPI in Ukraine fell 1.8% MoM, thus reaching a 34% YTD figure.

According to the early morning announcement of the State Statistics Committee of Ukraine, inflation in September hit 1.1% MoM (16.1% YTD and 24.6% YoY).

Dniproenergo [DNEN UZ, BUY] plans to spend about UAH 22 bln (~ USD 4.4 bln) by 2020 on the reconstruction and renovation of its generation capacity.

According to the publication “Ukrainian Times”, the OJSC “Eurocement Group Ukraine” is now under new ownership, with the very recent sale of the Kiev-based company. According to the publication “Ukrainian Times”, the OJSC “Eurocement Group Ukraine” is now under new ownership, with the very recent sale of the Kievbased company. As of the purchase date, is fully owned by the Galaks Holdings Limited of Cyprus.