After the opening of maritime exports in 2023, the Metinvest mining and metallurgical group started to increase the workload of enterprises and did not reduce staff, director for sustainable development and interaction with personnel Tetiana Petruk said in an interview with dsnews.ua. “The worst year in the entire history of Metinvest was 2022. After the … Read more
In 2023, total revenue of top 10 energy companies in Ukraine amounted to $18.8 billion, which is 8% more than revenue of these companies in 2022, reported Opendatabot index on April 29. According to Opendatabot Index, half of top companies in energy sector are state-owned, while four more belong to SCM Group owned by Rinat … Read more
Ukraines’ state oil and gas company Naftogaz is interested in expanding cooperation with energy companies of other countries — in particular, regarding the storage of their gas reserves in Ukrainian underground storage facilities, said the head of the company Oleksiy Chernyshov. During the visit to Turkiye, the Naftogaz chief discussed the prospects of cooperation in the … Read more
Philip Morris announces the expansion of its portfolio of smoke-free products in Ukraine and the launch of the latest version of the Iqos Iluma tobacco heating device. “In 2024, the company will invest $11 million to increase the number of stores, expand service infrastructure and create new jobs in Ukraine,” the company said in a … Read more
Ukrainian businessman Rinat Akhmetov has been recognized among the world’s wealthiest individuals, according to Bloomberg’s latest report on May 1. French mogul Bernard Arnault, with a major stake in luxury giant LVMH, tops the Bloomberg Billionaires Index with a net worth of $215 billion, reflecting a $7 billion increase since the beginning of 2024. In … Read more
The number of transfers through the international financial service NovaPay in the first quarter of 2024 reached 96 million, which is 18% more than the same period in 2023, the company’s press service reported on Wednesday. It is indicated that UAH 66.1 billion of transactions passed through the NovaPay system in January-March this year, which … Read more
FDI McDonald’s Ukraine Ltd., which develops the fast-food restaurant chain McDonald’s in Ukraine, plans to develop partnership programs with filling station networks, McDonald’s Ukraine Development Director Vitaliy Stefurak said in an interview with Interfax-Ukraine. As reported, in the summer of 2023, McDonald’s opened its first establishment at a highway, near Zhytomyr, on the M-06 Kyiv-Chop, … Read more
The mining and metallurgical group Metinvest has announced a tender to buy back part of its Senior Notes due in 2025 and 2026 for up to $70 million. As stated in an exchange report of the holding company Metinvest B.V., the Senior Notes maturing in 2025 will be repurchased at 85-92% of par value, depending … Read more
Nova Poshta has opened its first Nova Post office in Spain, in Barcelona, and plans to expand its network to Valencia, Alicante, Murcia, Malaga, Estepona, and Madrid in the near future, the group’s press service announced on Tuesday. “The opening of the first office in Spain is just the beginning. We aim to be as … Read more
The National Bank of Ukraine (NBU) canceled Elaens Financial Company LLC (TM Fondy) registration as an indirect participant in the Visa and MasterCard international payment systems, NBU message wrote on its site. The decision was made in connection with the financial company’s risky activities threating Ukraine’s national security after NBU received information about FC Elaens activities … Read more