The investment company Concorde Capital is implementing a project for the reconstruction of Kyiv bus station, located near the Central Railway Station (Vokzalna subway station), better known as “Yama,” Concorde Capital founder Ihor Mazepa said on Wednesday. “My colleagues and I came up with the idea, why don’t we go… look more closely at the transportation market … Read more
Ukraine’s largest state oil producer, Ukrnafta, has expanded the boundaries of its existing special permits in western Ukraine, adding over 3 million tons of oil and 0.6 billion cubic meters of gas to the nation’s reserves, the company’s CEO Serhiy Koretsky reported on Facebook on April 23. “The reason for expanding the boundaries of the special … Read more
The German company MC-Bauchemie plans to invest in expanding the production of dry building mixes in Berezan, Kyiv Oblast, said Artem Pryymachenko, director of MC-Bauchemie Ukraine. The estimated investment will amount to 1.5 million euros ($1.6 million). MC-Bauchemie will invest its own funds in the project, according to Pryymachenko. “We intend to build a new … Read more
Ukraine’s largest private energy company, DTEK, announced on April 22 that it requires $350 million to recover the lost capacity caused by Russia’s attacks on thermal power plants. The company’s Executive Director, Dmytro Sakharuk, said that Ukraine is anticipating electricity shortages during peak periods in summer and winter due to the loss of eight gigawatts … Read more
On April 18, the Kyiv Court of Appeal canceled the arrest imposed on 100% of the charter capital of the Ukrtower company, owned by Turkcell, the press service of Datagroup-Volia told Interfax-Ukraine. “On the appeals filed by Turkcell regarding the seizure of assets, two court hearings were held. At the first, on April 16, the … Read more
The first Epiland amusement park will appear in Kyiv this summer marking the first step in Epicenter shopping mall owners’ ambitions to set up their own amusement parks chain, the press service of Epicenter reported. Epicentr K hypermarket chain managed by Ukrainian MP Oleksandr Hereha and his wife Halyna aims to provide its visitors with a completely new leisure … Read more
Nova Group has set up a company that will generate energy on a regular basis, including both solar and gas power, the group’s co-owner Volodymyr Popereshniuk announced on Facebook. The newly-created Nova Energy is the seventh company to join Nova Group, which owns Nova Poshta, Ukraine’s leading postal service. “When the Russians started to attack … Read more
JSC Ukrzaliznytsia operated with a profit in January-March 2024, chairman of the board Yevhen Liaschenko said at a meeting with journalists, but did not specify its specific size. According to the presentation made at the meeting, in 2023 the net profit of Ukrzaliznytsia amounted to UAH 5 billion. Among the key factors that had a … Read more
French billionaire Xavier Niel’s investment company NJJ Capital is planning to acquire and merge two telecom businesses in Ukraine in what is set to be one of the largest acquisitions in the country’s history, bringing with it significant investment at a time when the war-torn country is struggling to attract foreign investors. In a joint … Read more
Based on the results of its activities in 2023, PJSC Ukrnafta saw a net profit of UAH 23.6 billion, company director Serhiy Koretsky said on Facebook. According to him, an independent audit of financial statements was completed by Grant Thornton Ukraine on April 3. “Last year’s dividends are twice the cumulative result of the last … Read more