Insulin producer Indar sees 85.7% fall in net profit in Q3 2017

Private joint-stock company Indar insulin producer (Kyiv) saw its net profit decline by 85.7% in July-September 2017 year-over-year, to UAH 4.328 million from UAH 30.68 million. According to a company report, net revenue fell by 30%, to UAH 142.461 million. Gross profit declined by 36.4% year-over-year, to UAH 66.545 million. As reported, in 2016 Indar … Read more

PrivatBank removes UK eurobond issuers from bank group

The National Bank of Ukraine (NBU) on October 27, 2017 approved the change in the structure of the PrivatBank bank group (Dnipro), the central bank has reported on its website. According to the report, SIA PrivatLizings (Latvia), Privatofice LLC (Dnipro), UK SPV Credit Finance PLC and Ukraine Mortgage Loan Finance No.1 Plc (both based in … Read more

Ukrsotsbank sees 43.2% fall in loss in Jan-Sept

Ukrsotsbank (Kyiv) saw a loss of UAH 1.559 billion in January-September 2017, which was 43.2% less than a year ago (UAH 2.746 billion). According to a financial report of the bank posted on its website, net interest income over the period totaled UAH 283.413 million, which is 4.1% more than a year ago (UAH 272.158 … Read more

Ukraine four positions up in Doing Business 2018 ranking

Ukraine has climbed four positions in the Doing Business 2018 ranking of the World Bank, ranking 76th among the 190 economies studied, according to a press release from the Better Regulation Delivery Office. According to the document, Ukraine this year has advanced 105 positions in the field of ease of obtaining construction permits, 41 positions … Read more

Kharkiv Frunze Plant enters British market

PJSC Frunze Plant (Kharkiv) has shipped the first batch of products to a British woodworking company. “A company from Wales, engaged in woodworking and promotion of environmental boilers, has been shipped 175 sieves,” the press service said. According to the report, the products of the Ukrainian enterprise will be used by the British firm to … Read more

Avangard to restructure interest on eurobonds for Oct

Avangard agroholding intends to restructure its interest income on eurobonds worth $200 million payable on October 30, the issuer said on the website of the Irish Stock Exchange (ISE). The company also reported on the continuation of negotiations with the holders of eurobonds on restructuring the securities. Details of the negotiations are not specified. Ukrlandfarming … Read more