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