DTEK announces buyback of DTEK Dniproenergo shares for UAH 488.14 per share

DTEK Power Trade LLC has made a public demand for the minority shareholders of DTEK Dniproenergo about the squeeze-out. According to a report by DTEK Dniproenergo in the information disclosure system of the National Securities and Stock Market Commission, the buyout price was set at UAH 488.1 per share. This is the highest price at … Read more

DTEK cuts coal production by 5.8%, electricity supply by 6.1% in nine months

The enterprises of DTEK energy holding (including the Russian mine directorate Obukhovskaya) in January-September 2017 reduced coal production by 5.8% compared to the same period in 2016, to 21.011 million tonnes, in particular extraction at its Ukrainian assets amounted to 18.819 million tonnes (8.7% down). According to DTEK’s press release, concentrate output for the nine … Read more

DTEK demands buyback of DTEK Zakhidenergo shares for UAH 130.46 per share

DTEK Power Trade LLC has made a public demand for the minority shareholders of DTEK Zakhidenergo about the squeeze-out. According to a report by DTEK Zakhidenergo in the information disclosure system of the National Securities and Stock Market Commission, the buyout price was set at UAH 130.46 per share. This is the highest price at … Read more

Verevsky buys 209,000 shares in Kernel for $2.83 mln

Namsen Limited under control of Board Chairman of Kernel agroholding Andriy Verevsky on October 23 through October 25 acquired 208,917 shares in Kernel Holding S.A. (Luxembourg). According to a report of Kernel on the Warsaw Stock Exchange (WSE), average price of shares was PLN 48.68 ($13.55 per share at the exchange rate of the National … Read more

DTEK starts gas coal deliveries from U.S. to cover fuel shortage for heating season

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

Kernel secures $200 mln credit line

Kernel Holding S.A., one of the largest Ukrainian agricultural groups, entered on October 16, 2017, into pre-export credit facility with a syndicate of European banks a limit of $200 million. The three-year secured revolving facility will be used by Kernel to fund the working capital needs of its sunflower oil production business in Ukraine, the … Read more

Metinvset boosted capex 66% in H1 2017

Metinvest B.V. (the Netherlands), the parent company of the Metinvest mining and metal group, boosted capex by 66% year-on-year, to $193 million. According to an unaudited consolidated financial report, the expenditure on maintenance projects accounted for 89% of total investments (64% in H1 2016) and on expansion projects for 11% (36%). The metallurgical segment accounted … Read more