21 Jun 2004 10:03

Interfax announces expansion of operations in Ukraine

The Interfax Information Services Group has announced the launching of new specialized publications for the Ukrainian financial market players, which it views as part of its business expansion strategy in the CIS.

The new informational products include a newswire dealing with stock market news and specialized mining and agriculture bulletins.
Ukrainian Prime Minister Viktor Yanukovych and parliamentary speaker Volodymyr Lytvyn last week received Interfax Chairman and CEO Mikhail Komissar, who informed them of Interfax‘s plans in their country.
"The Interfax-Ukraine news agency is a leading Ukrainian media outlet, which informs the international community of events in this country. Objectivity, impartiality, and trustworthiness are the characteristic features of the agency, whose activity promotes Ukraine‘s integration into the world community," Mr. Yanukovych said at the meeting with Mr. Komissar.
"What is important is that Interfax-Ukraine specializes not only in political information but also reports high-quality business news," the Ukrainian prime minister said. "Kyiv is extremely interested in explaining to foreign investors what opportunities they have when cooperating with Ukraine," he said.
Mr. Komissar said in response, "We have always viewed the Ukrainian market as one of the most promising ones in the former Soviet Union. Founding the Interfax-Ukraine news agency over ten years ago, we set among its key purposes informing foreign investors about the opportunities offered by the Ukrainian economy. During the time that has passed since then, our agency has managed to become a leader on the Ukrainian information market and a reliable information source for investors worldwide, whose interest in Ukraine has been steadily growing over the last few years."
"Launching new informational products, whose main principle is their industry specialization, we will continue to seek to help improve the Ukrainian market‘s transparency and investment appeal," he said.
Head of the Interfax-Ukraine news agency Oleksandr Martynenko said, "the launching of a newswire specializing in the stock market is scheduled for July 1, 2004, after which other new bulletins will be launched. They will all be issued in the Ukrainian, Russian, and English languages, and their variety will be further expanded," he said.

Interfax-Ukraine news agency was set up in 1993 and currently issues 12 specialized informational products, including political and business newswires released online, and also bulletins on energy, construction, and real estate. The agency‘s outlets operate in the principal industrial and agricultural regions of the country, including the Dnipropetrovsk, Donetsk, Kharkiv, Luhansk, and Odesa regions.

The Interfax Information Services Group is the leading source of up-to-the-minute information on Russia, Ukraine, and other CIS countries for the international community.
Set up in 1989, the Interfax Group brings together over 20 national, regional, and specialized news agencies and companies operating under the Interfax brand name throughout Russia and other CIS countries, in China, and in Central and Eastern Europe.