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Ukraine

Ukraine: Provisional Free Trade with EU

According to Polish News Agency PAP, the EU countries have agreed to grant Ukraine a temporary use of a number of terms of the Association Agreements which will become effective even before the ratification process is completed.

September 26, 2013

Raids at Ukrainian Affiliate of Bank Austria

Ukrsotsbank in Kiev was searched on Friday due to unclear ownership structures of non-performing loans which led to disputes between banks and clients. Within the Unicredit Group Bank Austria is responsible for banks in Eastern Europe.

September 25, 2013

China to Acquire Ukrainian Farmland

In the coming fifty years crops are supposed to be grown and animals should be bred in the Ukraine for the Chinese market.

September 23, 2013

President of Ukraine Presses for Faster Progess

President Yanukovych urges the parliament to adopt laws for a faster progress to the country’s European integration

September 5, 2013

“Ukraine Will Fulfill Necessary Conditions for SAA”

President Viktor Yanukovych announced during his press conference on August 29 that Ukraine will fulfill the required conditions for signing the Association Agreement with the European Union.

September 2, 2013

2013: Decisive Year for Ukraine

Ukrainian World Congress: European integration as the key to Ukraine’s independence

August 26, 2013

Ukraine: Net Profits of Banking Sector Almost UAH 2bn

Ukrainian banking sector reports a sustained increase in the income and net profit.

August 23, 2013

EU Commission: Unacceptable Russian Trade Ban

Stefan Füle, EU Commissioner for Enlargement and Neigborhood Policy, expressed his anger at Russia’s measures to ban Ukrainian products from the domestic market.

August 23, 2013

Ukraine Diversifies Sources of Reverse Gas Supply

Ukraine plans on soon opening two more routes through Romania and Slovakia.

August 22, 2013

Ukraine Remains in a Recession for a Year

In the second quarter of 2013 GDP contracted by 1.1 percent on a year-on-year comparison basis.

August 20, 2013

National Bank of Ukraine fully meets domestic demand for cash

The National Bank of Ukraine is committed to developing cashless payments. At the same, cash is needed for retail payments. The growing demand for cash is fully met.

August 20, 2013

Ukraine Reduces Imports of Gas by 35 Percent

From January to June 2013, Ukraine was able to reduce gas import by more than 35 percent compared to the same period last year, according to Ukrainian Statistics Service.

August 16, 2013

Russia Blocks Imports from Ukraine

Kyiv demands to immediately remove bureaucratic obstacles.

August 16, 2013

US to Support Ukraine Gain Energy Independence

One of the key priorities of US Ambassador to Ukraine Geoffrey R. Pyatt is the support of Ukraine to gain greater independence in the energy sector.

August 14, 2013

Austria: Banks Indignant At Chancellor Faymann

Chancellor Werner Faymann has started the election campaign with an attack against the banks. However, CEO of Bank Austria Willibald Cernko points out that the banking industry secures 70,000 jobs in Austria.

August 9, 2013

Raiffeisen Bank International AG - SWOT Analysis & Company Report

This report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.

August 8, 2013

Credit Crunch in CESEE?

The capital outflow in the CESEE region accelerates. The European Bank for Reconstruction and Development (EBRD) fears negative consequences for the real economy.

August 7, 2013

Ukraine: Negotiations with IMF as Last Exit

Seeking for an IMF loan is the last remaining alternative for the financially stricken country.

August 6, 2013

„CESEE Will Come Back“

Andreas Brandstetter, CEO of the Austrian insurance group Uniqa, thinks that Central and Eastern Europe will recover.

August 6, 2013

Ukraine’s Banking System to Approximate EU Standards

Introduction of Basel-II regulation earlier in 2013 helped banks create more reserves.

July 31, 2013

Bulgaria: South Stream Offers 6,000 New Jobs

South Stream Bulgaria´s CEO Georgi Gegov stresses the economic effect of the new gas pipeline from Russia to Western Europe.

July 18, 2013

ExxonMobil Signs Agreement with Ukrainian Government

ExxonMobil regards 45bn cubic meters of gas production realistic.

July 15, 2013

Ukraine Looking for Alternative Gas Suppliers

Gas supply from Europe to Ukraine may stimulate pricing of Russian import.

July 8, 2013

Visegrad Four Support Ukraine’s EU Integration

At the V4 summit in Wisla/Poland Slovak President Gasparovic announced yesterday that the V4 countries are interested in Ukraine’s successful European integration, particularly in signing the Assciation Agreement with the EU.

July 4, 2013

Ukraine Could Become Energy Hub in Europe

According to EU Enlargement Commissioner Füle, Ukraine is an important partner of the EU.

June 26, 2013

World Bank: EU11 Countries Remain Attractive for Foreign Investors

Despite the slow recovery of economic activity, EU11 countries nonetheless remained attractive for foreign investors.

June 14, 2013

Ukraine Leaps to Business Deregulation

One of the reform priorities for Ukraine in 2012 has become the deregulation of business activity.

June 11, 2013

Siemens VAI to Modernize Ukrainian Steel Plant

The signing of a major contract in Ukraine for Upper-Austrian industrial plant construction company Siemens VAI is in its final steps.

June 10, 2013

Ukraine: Epic to Sell Ukrtelekom

Viennese financial investor Epic plans to sell the Ukrainian telecom provider Ukrtelekom. Oligarch Akhmetov will take over 92.8 percent of Epic.

June 6, 2013

“Ukraine's European Choice Is Irrevocable”

The strong pro-European civil movement in Ukraine made the country’s European choice irrevocable, declared the head of the EU Delegation to Ukraine Jan Tombinski

May 21, 2013

Three Major Energy Companies to Withdraw from Poland

After ExxonMobil two other huge energy enterprises left Poland after unsucessfully drilling for shale gas.

May 16, 2013

UK Believes Strongly Ukraine Should Be Part of EU

Foreign Secretary Hague affirmed the UK’s support and approval of Ukraine’s reform zeal.

May 15, 2013

Ukraine and Poland Could Be Future Leaders in Shale Gas Production

Management consultant enterprise A. T. Kearney regards Poland and Ukraine as the future European leaders in the productin of shale gas.

May 15, 2013

US: Kerry Announced Support of Ukraine’s EU Integration

US Secretary of State John Kerry announced his support for Ukraine’s move towards an EU membership.

May 13, 2013

Russian’s Policy on Belarus: Support As a Means of Subordination

Despite the conflicts and frictions in their bilateral relations, Russia has for years regularly invested in Belarus, according to the Centre of Eastern Studies.

May 13, 2013

CEE/CESEE: Banking Sector on Fastlane

The banking sector in CEE continues to outperform its Western European counterpart.

May 13, 2013

Real Estate Industry: Major Losses for Properties In CESEE

According to Manfred Wiltschnigg, CEO of Austrian Real Estate Agency Immofinanz until the end of March, investments in Poland are becoming more risky.

May 6, 2013

Joint Energy Diversification Plans for Ukraine and EU

Ukraine and EU share Energy Diversification Plans - Energy Community Official.

April 30, 2013

Erste Group Finalizes Selling Of Ukrainian Subsidiary

Erste Group finalizes the sale of Erste Bank Ukraine.

April 30, 2013

Ukraine and Ireland to Sign Double Tax Agreement

Ukraine and Ireland signed a Double Tax Agreement in Kyiv during the official visit of Irish Minister of State at the Department of Finance Brian Hayes.

April 24, 2013

Former Polish President: “EU Needs Ukraine”

In an interview with Polish news magazine Wprost, former Polish president Aleksandar Kwasniewski explains that in the future, the EU will need Ukraine.

April 22, 2013

EU Countries to Use Ukrainian Gas Storage Facilities

EU Countries Show Interest in Ukraine’s Gas Transportation System

April 19, 2013

Ukraine: Yanukovych Rejects Pardoning Tymoshenko

President Yanokovych does not consider a pardoning as long as trials continue.

April 11, 2013

Eder: Future of Voestalpine and Steel Manufacturing Industry

In an interview CEO of voestalpine, Wolfgang Eder explains the current situation on the steel market and points out that mass products will come from CESEE countries in the future.

April 4, 2013

European Banks Leaving CESEE Countries

Two banks from EU member state countries Sweden and Italy have announced withdraw from their holdings in Hungary, Russia and Ukraine.

April 2, 2013

Ukraine and Deutsche Bank Signed Agreement

In order to finance the reconstruction of gas transportation system of Ukraine last year a loan agreement between the Ukrainian "UkrTransGas" subsidiary company "Naftogaz of Ukraine" and Deutsche Bank was signed.

March 26, 2013

Ukraine: Not Enough Progress

According to an evaluating report of the EU, Ukraine does not show enough progress in reforms.

March 20, 2013

Ukraine Puts More Effort in New Infrastructure

“Financing and promotion of investment projects will give a fillip for the economic development of our country.”

March 14, 2013

Hungary: OTP’s Profits Lower Than Expected for Q4

OTP said it had to recover from losses from previous year. Income in the core domestic business fell 17 % to HUF 94.6 bn in 2012. Still, net profits are up 46 %.

March 8, 2013

Czech Republic: Erste Group Cutting More Jobs

Because Erste Group has to save CZK 1bn (€ 39m) this year, economy measures need to be taken.

March 8, 2013
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