News

State Property Fund puts Mukachiv-based Tochprylad on the block

The State Property Fund (SPF) put 50%+1 shares in the Tochprylad plant (Mukachiv, Zakarpattia) on the block a second time.

Foreign investment to “rip into” Ukraine

More than half of investors, 53.7%, plan to put more capital into Ukraine in the next six months.

S&P; raises Ukraine’s credit rating

The Standard & Poor’s ratings agency has raised Ukraine’s sovereign credit rating for bonds in foreign currencies from CCC+/3 to BC, and the sovereign credit rating for bonds in the domestic currency from BC to B/B.

Verkhovna Rada gives green light to new Cabinet

On March 11, the Verkhovna Rada approved a new line-up for the Cabinet of Ministers. A total of 240 deputies voted in favor of the 353 registered in the legislature at the time.

Ukraine’s sugar industry needs US $100-150 million in capital

For Ukraine’s sugar industry to be competitive in the long run, it needs US $10-150 million in investment, said the Agricultural Chamber of Ukraine in a recent statement.

Bilateral cooperation between Ukraine and Oman

Ukraine’s Foreign Minister Petro Poroshenko met with the Minister of Trade and Industry from the Sultanate of Oman, Makbul bin Ali bin Sultan at the Foreign Ministry’s offices in Ukraine.

Inflows of FDI to Ukraine could reach US $6bn in 2010

Inflows of foreign direct investment (FDI) to Ukraine’s economy could reach US $5-6bn, according to the deputy director of the InvestUkraine Foreign Investment Facilitation Center, Maksym Ivanov.

Yanukovych begins to “radically restructure” Ukraine

President Viktor Yanukovych has launched a “radical restructuring” of Ukraine.

FDI into Ukraine grew 12% in 2009

Net growth of foreign direct investment into Ukraine’s economy was US $5.634 billion in 2009. Altogether, the volume of FDI grew 12% over 2009.