JSC Ukrtransnafta has transferred 100% of its net profit in the amount of UAH 1.463 billion for 2018 in dividends to Naftogaz Ukrainy. The press service of the company said last year the company also sent 100% of its net profit for 2017 in the amount of UAH 2.139 billion to pay dividends. As reported, … Read more
The Court of Appeal in England and Wales on July 22 started considering PrivatBank’s appeal against the decision of the first instance on the discrepancy of the jurisdiction of the bank’s claim against the ex-owners, a source familiar with the case has told Interfax-Ukraine. “The hearings will last about five days,” he said. The interlocutor … Read more
Ukroboronprom state concern intends on September 26, 2019 to hold an auction to provide services for an independent audit of the concern and its enterprises with the assistance of international experts as part of a tender announced on July 22 for an expected amount of UAH 32.5 million. According to information on the ProZorro portal, … Read more
The Kyiv Court of Appeals has recognized and granted permission to execute the decision of the International Court of Arbitration in Paris of November 26, 2018 to compensate Oschadbank (Kyiv) for more than $1.1 billion of losses caused by the annexation of Crimea by Russia. The court by its ruling dated July 17 of this … Read more
The National Bank of Ukraine has decided from July to lower the refinancing rate to 17% per annum from the level of 17.5% per annum, at which it had been holding it since the end of April. “The NBU continues the cycle of monetary policy easing as inflation is declining towards the target of 5%,” … Read more
PJSC Farmak pharmaceutical company (Kyiv) has raised a five-year loan from the European Bank for Reconstruction and Development (EBRD) in the amount of EUR 15 million (equivalent of UAH 427.838 million) An Interfax-Ukraine correspondent has reported that the loan agreement was signed between the bank and the pharmaceutical producer on Tuesday. Farmak Executive Director Volodymyr … Read more
The Antimonopoly Committee of Ukraine (AMC) has begun consideration of cases on concentration in the deal on obtaining joint control over PJSC Motor Sich by Skyrizon Aircraft Holdings Limited (the British Virgin Islands) and Ukroboronprom state concern, the AMC said on its website. “These concentrations are the stages of a multi-stage transaction aimed at gaining … Read more
The transfer of Ukrsotsbank’s business to Alfa-Bank (both based in Kyiv) has completed in fact: Ukrsotsbank has around 6% of clients of the number of clients as of early 2017 left on its balance sheet, and the legal merger is expected this autumn, General Manager of the board of the Alfa-Bank banking group, Board Chairman … Read more
The Antimonopoly Committee of Ukraine has said in recommendations to mobile communications operators Kyivstar, Vodafone Ukraine and lifecell that setting the 28 day billing period for tariffs has signs of violation of the legislation on protection from unfair competition, Government Plenipotentiary of the Antimonopoly Committee of Ukraine Maria Protsyshen said on her Facebook page on … Read more
A Ukrainian startup that has launched PatentBot, a chat bot to register patents and trademarks, has raised a new round of angel investment, CEO & Founder в PatentBot Natalia Vladymyrova said on Facebook. “PatentBot was assessed at a million dollars! You can easily joke about a million dollar baby,” she wrote. According to Vladymyrova, the … Read more