Daily News

  • ZAZ Net Revenues Rose By 95% In 2004 To USD 822 Mn

    The company?s net income increased by 153% to USD 107.3mn

  • Hidrosyla Increases Net Revenues By 40.1% To USD 25.9 Mn In 2004

    Net income grew by 350% to USD 0.48mn. The company specializes in producing hydraulic equipment for tractors and agricultural machines. In 2005, it plans to invest USD 2.8mn in capacity development. 75.9% of Hidrosyla belongs to Hidrocomplekt, 4.4% to Market-Karyera and 5.05% is owned by the company?s CEO.

  • KrasAir Orders First Shipment Of An-148

    The Russian airline will lease 15 Antonov-148 planes for over USD 200 mn. A total of 10 planes will be delivered for 10 years starting in 2006-07. Russian airlines use outdated Tu-134 and Yak-42 for regional transportation, which have become inefficient due to rising fuel prices. Production of the planes will be conducted at the Aviant plant in Kiev and the Voronezh aviation plant in Russia

  • Controversy Clouds Nikopol Ferroalloy (NFER) ?AGMs.?

    Court officers appeared at NFER?s AGM in Nikopol today to prohibit Interpipe?s management from participating in the meeting. Previously, a court decision cancelled Interpipe?s privatization of NFER, but the company decided to hold an AGM in spite of the ruling

  • Ammonia Exports Increase By 14.8% YoY In March To 163.8K Tons

    The increase in exports was in line with a 14.3% yoy increase in output. In monetary terms, exports grew by 1% to USD 29.6mn. Exports decreased by 19.2% mom. The USA was the largest importer of Ukraine?s ammonia in March, accounting for 34.8% of total exports, followed by France (23.6%).

  • Kryvorizhstal (KRST) Reduces 4M05 Output

    Kryvorizhstal (KRST) Reduces 4M05 Output

  • Prykarpatoblenergo (PREN: HOLD) & Odessaoblenergo (ODEN: SELL) Post Q105 Results

    PREN finished Q1 with an income of USD 0.14 mn, and revenues of USD 25 mn. ODEN finished Q1 with net losses of USD 5.4 mn. Its Q1 revenue amounts to USD 42.6 mn. According to management estimates, ODEN lost about USD 15 mn in Q1, due to unauthorized electricity consumption

  • Chief Of Ukraine?s Securities & Exchange Commission May Be Dismissed

    Ukraine?s Supreme Business Court ruled yesterday that Securities and Exchange Commission chief Anatoli Baliuk holds the post unlawfully. The court said Baliuk was appointed SEC head while he was a member of Ukrnafta?s supervisory board, which is not permitted by law. Baliuk may appeal the court ruling.