Following review of gas contracts between Ukraine and Russia and reduction of a price for Russian natural gas, Ukraine saved almost UAH 2bn in April, which in compliance with the previous contract it would have to pay for imported gas, PM Mykola Azarov has said. At the same, time he noted that primarily, it was necessary to send the saved funds for energy saving. The PM also said that for the first time over recent months Ukraine entered May with positive balance of the unified treasury account. According to him, in April, not only UAH 5bn of debts of the previous government was repaid, but all state expenses were fully financed.
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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