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Ukrainian business news
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Ukrainian Egg Producer to Hold U.K. IPO
7 April 2010
Ukraine's biggest egg producer, Avangard, is planning a stock-market float in London, the first firm from the Commonwealth of Independent States to announce a capital raising in Britain this year. Announced that the group was hoping to raise $200 million from the IPO. A spokesman declined to comment on the expected returns, or the timing of the float.
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Draft budget of Ukraine foresees USD 1.9 billion for roads
6 April 2010
The Ukrainian government has allocated over Hr 15B (app. $1.9B) for road maintenance in a draft budget for FY 2010.
"We foresaw enough funds - over UAH 15 billion - in the draft of national budget for 2010 to allocate to state company Ukravtodor to repair and build roads," First Vice Premier Andriy Kluyev said.
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Profitable and growing market of champignons
2 April 2010
Existing deficit of champignons on Ukrainian market has led to filling the market with import production at lower prices than local producers could offer. In January - February 2010
a supply of live champignons reduced significantly by 40-50% comparing to similar period 2008. Local producers could not fill the market due to sharp frost.
Some local producers that were able to keep production earned good profits on existing deficit.
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Investors are planning to invest in Ukraine
30 March 2010
Bleyzer Foundation investigated in January-February 2010 foreign investors mood among members of US-Ukraine business council (USUBC). The research showed that exist a group of businessmen interested
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Business New Europe: A Ukrainian engine of growth
12 March 2010
James Marson writes from Kyiv: Despite Ukraine suffering one of the most punishing recessions in Europe last year, one company is still flying high. Motor Sich, a Zaporizhiya-based manufacturer of engines for aeroplanes and helicopters, posted net profits for 2009 of Hr 755 million – a whopping 196 times higher than the previous year.
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Market Participants: Foreign investors entering Ukrainian sugar market
12 March 2010
Investors from Arab countries, Europe and Russia perform particular interest in purchasing Ukrainian sugar companies – says executive director of one of the leading company.
Russian investors will accelerate in the nearest future, if customs duty on imports of Ukrainian sugar is suspended. Currently Russia is considering upon acceptance of quota for customs-free importation of 300 tons of beet sugar. In case of positive decision it makes sense to buy manufacturing facilities in Ukraine.
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