The European Bank for Reconstruction and Development is ready to take part in projects for building up output of hydrocarbons in Ukraine, EBRD Managing Director for Energy Riccardo Puliti has announced in an interview with Zerkalo Nedeli newspaper. Puliti believes that Ukraine's key problem is its dependence on energy imports from one source. He remarks, the EBRD is ready to take part in privatisation of energy companies in Ukraine on condition of the privatisation process maximum transparency and predictability. At the same time, Puliti said that the EBRD would not finance the exploration of energy resources, as the Bank only works with proven reserves. |
In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more