Ukrainian President Volodymyr Zelensky on Tuesday signed a law on liquidation of schemes in the sphere of property appraisal (bill No. 2047-d). The respective information is posted on the parliament’s website. As reported, on December 6, Ukraine’s Verkhovna Rada passed at second reading bill No. 2047-d introducing a simplified method for appraising real estate, involving … Read more
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of PrivatBank, Oschadbank, Ukreximbank and Ukrgasbank at ‘B’, with positive outlooks, the rating agency said on its website. “At the same time, Fitch has upgraded PrivatBank’s Viability Rating (VR) to ‘b’ from ‘b-‘, affirmed the ‘b-‘ VRs of the other three state-owned banks and removed … Read more
Ukraine’s Verkhovna Rada passed at first reading bill No. 2284 submitted by MPs from the Servant of the People parliamentary faction, amending some Ukrainian laws with the purpose of attracting investment and introducing new financial tools, which is refined bill No. 9035 on derivatives and financial markets discussed by the parliament of the previous convocation. … Read more
Ukraine’s Verkhovna Rada has passed at second reading bill No. 2490-1 aimed at bringing the activities of the National Commission of Ukraine for Energy, Housing and Utilities Services Regulation (NCER) in line with the decision of the Constitutional Court dated June 13, 2019. Bill, the authors of which are Andriy Gerus, Andriy Zhupanin and Oleh … Read more
Dragon Capital, an investment company whose ultimate beneficiary is Tomas Fiala, has sold 1,394,691 shares of Dragon-Ukrainian Properties and Development Plc (DUPD, the Isle of Man) investment fund and reduced its stake in the company to 59.9%. As DUPD said in a report on the London Stock Exchange (LSE) website, Dragon Capital on December 16, … Read more
JSC Ukrgazvydobuvannia (UGV) in 2020 will drill 80 new wells, Head of Naftogaz integrated gas business unit Andriy Favorov has said. “In 2020, we will drill and launch about 80 new wells. Earlier, to do this without modern drills, the drilling speed of which is two or three times higher than our old drills, was … Read more
The National Bank of Ukraine (NBU) has decided from December 13, 2019 to cut its refinancing rate to the level, at which it was two years ago – 13.5% per annum from 15.5% per annum, which was set from October 25, 2019. “The NBU speeds up the monetary policy easing, as the rapid appreciation of … Read more
Enterprises of the Ukroboronprom State Concern have passed all repaired and upgraded aircraft under the state defense order for 2019 to the state customers in advance, the press service of Ukroboronprom reported. “We actively worked to fulfill the 2019 state defense order on aircraft repairs on time. There is an optimistic forecast for the future. … Read more
President of Ukraine Volodymyr Zelensky has signed the law on the abolition of state monopoly on alcohol production from July 1, 2020, supported by the Verkhovna Rada on December 3. According to information on the website of the Verkhovna Rada, on December 11 the bill was returned to parliament with the signature of the head … Read more
JSC Ukrposhta launches the delivery of parcels within three to six days from the date of shipment from a warehouse in Poland to Ukraine, the press service of the company has said. According to a press release, Ukrposhta together with the private postal operator SMART Forwarding (with the head office in Greece) and the Polish … Read more