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УКEN
LUTSKINVESTMENT The city of development
Economy
Economy · 12:05 17.10.2005
At LuAZ, adjustment of the assembly line for foreign car production has begun

On October 10 of this year, a delegation of specialists from Hyundai Motor Company arrived at the Lutsk Automobile Plant, which is part of the "Bohdan" Corporation, to set up the conveyor line for the production of Hyundai TM vehicles.

Economy · 07:31 17.10.2005
Credit Rating confirmed LuAZ's credit rating

The rating agency "Credit Rating" has confirmed the long-term credit rating of the Lutsk Automobile Plant, which is part of the "Bohdan" corporation, at the uaBBB- level.

Economy · 13:42 14.10.2005
In Lutsk, utility debts totaling 4 million hryvnias were repaid 'from savings books'

Through mutual offsets of devalued savings and utility debts, as of October 10, 6,616 checks totaling almost 4 million hryvnias were redeemed in Lutsk.

Economy · 09:50 13.10.2005
Will flax growing be revived in Volyn?

Today, the open joint-stock company "Kamin-Kashyrskyi Flax Mill" is perhaps the only processing enterprise that has managed to preserve its material base. At first glance, it looks like a gigantic wasteland occupying an area of 12 hectares.

Economy · 09:46 13.10.2005
Will the dollar exchange rate be 5.05 this year and 5.20 next year?

By the end of November 2005, the cash exchange rate of the hryvnia may return to the level of the official rate of the National Bank of Ukraine - 5.05 hryvnias per dollar.

Economy · 08:29 13.10.2005
A cooperation agreement was signed between Lutsk district of Volyn and Krasnystaw County of Lublin Voivodeship, Poland

On October 12, a cooperation agreement was signed between Lutsk district and the Krasnystaw county of the Lublin Voivodeship of the Republic of Poland.

Economy · 06:28 13.10.2005
The Volyn Silk Combine will become a weaving factory

The history of CJSC “Volyn Silk Combine” has its roots in the 80s of the last century, when the Lutsk Silk Combine was built. At the dawn of its activity, it was considered one of the largest textile enterprises of the former USSR.

Economy · 06:07 13.10.2005
Sweden's Ministry of Foreign Affairs is interested in the political and economic situation in Volyn

On October 12, Senior Adviser to the Swedish Ministry of Foreign Affairs Torgny Hinnemo met with Deputy Head of the Volyn Regional State Administration Vasyl Baitsym.

Economy · 14:38 12.10.2005
Volyn under the “watchful eye” of Swedish experts

This is Mr. Hinnemo's first visit to Lutsk. Before that, he had only been to the capital and to Eastern Ukraine, and that was back in 2002.

Economy · 13:57 12.10.2005
A very low winter crop harvest is forecast in Ukraine

The Hydrometeorological Center forecasts a gross harvest of winter crops in 2006 of no more than 10 million tons, whereas the forecast for the current year was twice as large, Ukrainian News reports.


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