PJSC Ukrnafta, the second or third largest gas producer in Ukraine, has made a strategic decision to build gas generation, and for this purpose has already started to attract partners, Ukrnafta Director Serhiy Koretsky said at the Ukraine Recovery Conference in Berlin (URC2024). “At the first stage, it will be about 1 GW. For this … Read more
In 2025, Dragon Capital Investments Limited beneficiary Tomas Fiala will begin construction of a new plant for production of Truskavetska mineral water in Lviv region with a capacity of 1 million per day, which will allow the Truskavetska brand to get closer to the capacity of the market leader Morshynska and to get ahead Karpatska … Read more
PJSC Ukrnafta transferred UAH 3.5 billion in dividends to NJSC Naftogaz Ukrainy based on operating results for 2023, the company’s press service reported on Tuesday. Taking into account the previously transferred dividends for last year, the company paid a total of about UAH 8 billion under this item to another shareholder in the person of … Read more
The parent company of the largest mobile operator in Ukraine, Kyivstar, VEON, on the eve of the recovery conference in Berlin, announced an increase in investment in Ukraine from the current $600 million to $1 billion over five years. “VEON, through its 100%-owned subsidiary Kyivstar, plans to increase its commitment to rebuild Ukraine’s digital infrastructure … Read more
Biosphere Corporation, one of the largest in Ukraine in the household goods market, sold its capacity for production of baby diapers (the Bambik brand), predicting a decline in the birth rate in Ukraine, its CEO Andriy Zdesenko said at Business Breakfast by Forbes Ukraine. “We sold the production line because we see how our audience … Read more
The share of JYSK business sales in Ukraine since September 2023, when an additional B2B sales channel was launched, amounted to more than 6% of the total turnover of the JYSK network in Ukraine in May 2024, B2B manager of JYSK in Ukraine Halyna Farina told the Interfax agency Ukraine. “In September 2023, JYSK Ukraine, … Read more
N-iX, a Ukrainian software development and IT outsourcing company, has informed about the expansion of its operations to the Romanian market. The company has opened an office in Bucharest to strengthen its presence in Europe and establish closer cooperation with local IT specialists. N-iX is a Ukrainian IT company founded in Lviv in 2002. Currently, it … Read more
Lending to clients of the Allo marketplace during online and offline shopping at the end of May exceeded the 2021 figures in hryvnia, and for some categories of goods the share of lending even increased, the company’s press service said. It is noted that if we compare the categories of goods purchased on credit in … Read more
State-owned Oschadbank has entered into an agreement with Nova Poshta to purchase unsecured corporate bonds of E series with a maturity of 15 months in the amount of UAH 650 million, the press service of the financial institution said on Tuesday. “The acquisition of bonds for such a significant amount indicates both Oschadbank’s willingness to … Read more
Ukraine’s leading network of construction hypermarkets, Epicenter, is expanding its business model by introducing shopping centers that will include third-party tenants, according to a Forbes report on May 20. The company is currently refining the design for the third floor of its Lviv shopping center and anticipates the launch of two additional centers in Kyiv … Read more