Kyivstar, Ukraine’s largest mobile operator, saw its revenue rise by 9.5% in April-June this year compared to April-June 2023, reaching UAH 9.425 billion. In U.S. dollars, revenue grew by 0.4% to $236 million, according to a report by parent company VEON on Thursday. “EBITDA increased by 9.8% YoY in local currency terms (+0.8% YoY in … Read more
The NOVA Group of Companies has invested more than EUR 10 million in the development of the international network Nova Poshta since 2022, co-owner of the group Viacheslav Klymov said. “Since the fall of 2022, we have already invested more than EUR 10 million in this area and continue to increase our investments. Now we … Read more
Operating expenses of the ATB chain associated with diesel diesel gensets increased ninefold in June compared to April, the retailer’s press service told Interfax-Ukraine. “Operating retail facilities with generators is 2-3 times more expensive [depending on the power of the diesel genset]. The issue of installing electricity storage systems and electricity imports is now in … Read more
The NOVA group of companies entered the French market by opening the first branch in Nice, which became the hundredth branch opened outside Ukraine – in Europe, the group’s press service reported on Saturday. “We plan to open in Paris and Lyon by the end of the year, and then in other large cities – … Read more
The KFC fast food restaurant chain opened its 60th anniversary restaurant in Ukraine in Hostomel, Kyiv region, the chain’s press service said. A restaurant from KFC Drive opened in the restored shopping center at 1 Hostomelska Street. The KFC brand, owned by the U.S. company Yum! Brands, represented on the Ukrainian market since 2013. In … Read more
Drilling will begin in August, with drilling equipment currently being transported and sites being prepared Ukrnafta is starting work on constructing two oil wells that will collectively produce over 100 tons of oil per day, according to Ukrnafta’s press service. Both wells are being built turnkey by a contractor selected through Prozorro – Energofinance LLC. … Read more
The chairman of the board of the state-owned PrivatBank (Kyiv), the largest by assets and net profit in the country, Gerhard Boesch, will leave the bank after three years of work, and the supervisory board has already started the process of selecting a new chairman. “Mr. Boesch will continue to fully perform his duties until … Read more
PJSC Ukrnafta in January-May 2024 increased revenue from non-fuel sales by almost 2.1 times (by UAH 134 million) compared to the same period last year – up to UAH 260 million, the company’s press service reported. In addition, the number of non-fuel receipts has almost doubled – from 1.32 million pieces in January-May 2023 to … Read more
NJSC Naftogaz Ukrainy has approved an internal REMIT regulation – the EU Regulation on Wholesale Energy Market Integrity and Transparency. “The company is actively working on integrating into the European energy system,” Naftogaz reported on Friday. The document will, in particular, enable the company to fulfill its obligations under the new legislation introduced by Ukraine … Read more
DTEK General Director Maksym Timchenko and Honeywell President in Central and Eastern Europe Przemek Szuder signed a memorandum of strategic cooperation at the Ukraine Recovery Conference in Berlin. “DTEK and Honeywell agreed to explore opportunities for: the fast-track restoration and maximisation of DTEK’s energy generation capabilities that have been damaged in Russian attacks on Ukraine’s energy … Read more