Three largest mobile communications operators receive 4G licenses for 1800 MHz band

The three largest Ukrainian mobile communications operators have received licenses authorizing them to implement 4G technology (LTE) in the 1800 MHz band. According to reports of the operators, the National Commission for Communications and Informatization Regulation (NCCR) on April 12, 2018 issued licenses for the use of radio frequency spectrum in the 1800 MHz band … Read more

Sky Bank to consider merger with Bank Sich

Kyiv-based PJSC Sky Bank (formerly known as Region-Bank), which is controlled by Kazakh investor Arif Babayev, intends to consider reorganizing the financial institution, the bank has said in the information disclosure system of the Ukrainian National Securities and Stock Market Commission. According to the report, the agenda of a general meeting of stockholders scheduled for … Read more

Deripaska remains beneficiary of Mykolaiv alumina plant – public register

Russian businessman Oleg Deripaska, who jointly with his companies was placed to the Specially Designated Nationals And Blocked Persons List (SDN-list) by the United States, including Rusal, En+, GAZ Group, remains the ultimate beneficiary of Mykolaiv alumina plant LLC, according to the unified public register of companies. According to the public register, Deripaska is the … Read more

Fitch upgrades Naftogaz’s rating to ‘B-,’ outlook stable

Fitch Ratings has upgraded NJSC Naftogaz Ukrainy’s Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDR) to ‘B-‘ from ‘CCC’ with stable outlook, according to a report posted on the website of the rating agency on Tuesday. According to the document, the upgrade of Naftogaz’s IDRs follows Fitch’s reassessment of its standalone credit profile (SCP) and linkage … Read more

Ukrainian T.B.Fruit enters pectin market

T.B.Fruit, one of the largest processors of fruits and berries in Ukraine, has built a line for production of pectin at its own juice factory Yablunevy Dar LLC (Horodok, Lviv region). According to a report on the website of T.B.Fruit, the production capacity of the pectin line will be about 1,500 tonnes per year, while … Read more

MHP ready to invest EUR76 mln in partial restoration of Doux Group

Myronivsky Hliboproduct (MHP) is ready to invest EUR 76 million in the partial restoration of Doux Group suffering economic difficulties, the press service of the agricultural holding has told Interfax-Ukraine. According to the press service, at present the French chicken producer LDC and the Ukrainian agroholding MHP are simultaneously negotiating the purchase of the French … Read more