Businessmen Rinat Akhmetov, Victor Pinchuk and Kostiantyn Zhevaho top the list of the richest Ukrainians, compiled by the Novoye Vremya magazine and the Dragon Capital investment company. According to the ranking of the 100 richest Ukrainians, the fortune of Rinat Akhmetov, the sole stockholder of the largest Ukrainian holding SCM ($6.9 billion), grew by 68% … Read more
The European Bank for Reconstruction and Development (EBRD) has issued a loan of $25 million to Astarta agro-industrial holding for seven years for the construction and purchase of sugar and grain storage facilities. “A seven-year loan of up to $25 million is also aimed at achieving savings in the use of energy and resources and … Read more
PJSC Motor Sich (Zaporizhia) saw its consolidated net profit rise by 36.74% under international financial reporting standards (IFRS) in January-September 2017 compared to the same period in 2016, to UAH 2.576 billion. The company reported in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income for … Read more
Milkiland-Ukraine LLC, part of Milkiland Group with assets in Ukraine, the Russian Federation and Poland, has achieved an agreement with First Ukrainian International Bank (FUIB, Kyiv) on restructuring the loan of UAH 301.7 million (EUR 9.7 million). According to a report by Milkiland on the website of the Warsaw Stock Exchange (WSE), the corresponding agreement … Read more
The National Bank of Ukraine (NBU) has increased the refinancing rate from 12.5% per annum to 13.5% per annum from October 27, 2017. The NBU said in a press release that the decision was made by the NBU’s board on Thursday. As reported, the NBU reduced the refinancing rate to 12.5% from 13% per annum … Read more
The State Property Fund of Ukraine (SPF) intends to put up 68.01% of PJSC Zaporizhia Aluminum Combine (ZAlK) on sale in early 2018. According to a press release of the SPF, with reference to head of the agency Vitaliy Trubarov, ZAlK sale is scheduled for the first months of 2018. Previously the plant was the … Read more
PJSC Ukrtelecom in the third quarter of 2017 received a net profit of UAH 283.27 million, which is four times more than net profit for the third quarter of last year (UAH 70.63 million), the company said in a statement in the information disclosure system of the National Securities and Stock Market Commission. According to … Read more
DTEK will soon supply the first 150,000 tonnes of G grade (gas) coal from the United States to replenish the stocks in the warehouses of its thermal power plants (TPP) while preparing for the heating season, the company’s press service has said. According to its data, the first bulk carrier with 75,000 tonnes of coal … Read more
The Economic Court of Dnipropetrovsk region will consider the application of PJSC Ukrtatnafta (Kremenchuk, Poltava region) to declare PJSC Dniproavia airline bankrupt. According to a report on the court’s website, the application will be considered on October 23, 2017. The court in September 2016 decided to recover a debt of UAH 163 million from Dniproavia … Read more
Polish oil and gas company PGNiG has signed an agreement with Ukrtransgaz on gas transportation via the Ukrainian gas transportation system (GTS), Polish mass media have reported, with reference to the company. Thus, PGNiG will be able to sell gas to Ukrainian consumers not only on the border as it did before. The term of … Read more