The first container train on the China-Kazakhstan-Russia-Belarus-Ukraine new route, which delivered 41 containers with refrigeration equipment, has arrived in Ukraine. The press service of Ukrzaliznytsia said on Thursday morning that the train had been on the way for 19 days. Work is underway on the frequency of the train running once a week. “If there … Read more
The Board of the National Bank of Ukraine (NBU) has decided to leave its key policy rate unchanged at 6%, according to a posting on the website of the central bank on Thursday. “The Board of the National Bank of Ukraine has decided to keep its key policy rate at 6% per annum. The sustained … Read more
Naftogaz Ukrainy in the evening on October 20 postponed the placement of dollar-denominated eurobonds indefinitely, a source in the market has told Interfax-Ukraine. According to him, a corresponding report from the company has been sent to investors. Earlier on October 20 it was reported that the benchmark for the yield of U.S. dollar eurobonds was … Read more
Ukrainian businessman Sergiy Tigipko, who through his company Luregio Limited submitted documents to the National Bank of Ukraine (NBU) to approve the purchase of Prominvestbank (PIB), plans to withdraw PIB from the market and transfer working assets to TAScombank (both based in Kyiv). “We turned to the NBU to buy another bank – PIB … … Read more
The National Bank of Ukraine (NBU) has received a package of documents to approve the acquisition of Prominvestbank (PIB, Kyiv) from the Luregio Limited Cypriot company, the ultimate beneficiary of which is Ukrainian businessman Serhiy Tigipko, the NBU press service told Interfax-Ukraine on Monday. The bank’s press service has not yet been disclosed more details … Read more
MotionCam by Ajax Systems, a wireless motion detector with a photo camera to verify alarms, won the “Intruder Product of the Year 2020” category in the prestigious PSI Premier Awards 2020. According to the company, their system resolves the problem of false dispatches by taking photos of the person coming into the house. The application of … Read more
The Antimonopoly Committee of Ukraine permitted Cypriot Agimant Limited of the Ukrainian businessman Sergiy Tigipko to acquire 100% of Dealzone Holding Ltd. (Rod Town, British Virgin Islands), which owns 98.6578% of shares of one of the largest enterprises for the production of metal products in Ukraine PJSC Dneprometiz, the committee made the decision at a … Read more
Ukraine and the United Kingdom signed an agreement on political cooperation, free trade, and strategic partnership on Thursday, which will replace the post-Brexit trade association agreement with Britain. Foreign Minister Dmytro Kuleba announced the signing, which took place during President Zelenskyi’s visit to London. “A historic moment: we have signed an agreement. According to Prime … Read more
Zero duty on the import of wine from the EU will be introduced from 2021 in accordance with Ukraine’s commitments to zero import duties on a number of goods within a seven-year period after the signing of the economic part of the Association Agreement with the European Union, the Development Director of the Ukrainian Horticultural … Read more
The European Bank for Reconstruction and Development (EBRD) has provided a $10 million loan extending the working capital facility approved in 2018 to Astarta Group. The bank said in a press release on Monday that the two-year loan will help it implement plans related to the introduction of the precision farming. “Astarta is applying these … Read more