Azovpromenergo LLC has launched the implementation of the third phase of Zofia wind farm with a capacity of 450 MW in Zaporizhia region, according to the website of the unified register of environmental impact assessment. As part of the project, 120 sites are considered for the installation of up to 120 wind turbines with a … Read more
The business court of Kyiv on Monday decided to terminate hearing the case about bankruptcy of PJSC Centrenergo, satisfying the petition of the State Property Fund of Ukraine (SPF). “Accordingly, the bankruptcy case is closed,” SPF Head Vitaliy Trubarov wrote on his Facebook page. He expressed hope that soon the security will also be waived … Read more
Coal reserves in the warehouses of thermal power plants (TPP) of energy generating companies in Ukraine as of August 19 stood at 753,400 tonnes, which is 46% (639,200 tonnes) less than a year earlier, according to data from the Ministry of Energy and Coal Industry. According to Interfax-Ukraine’s calculations, the reserves of anthracite currently amount … Read more
An-178 aircraft of the Ukroboronprom state concern (made by Antonov State Enterprise, Kyiv) has won in a tender held by the Ministry of the Interior of Peru to replace aircraft of the National Police of Peru (An-32). Ukrainian transport aircraft An-178 will replace An-32B aircraft of the National Police of Peru, according to a posting … Read more
The growth of gross domestic product (GDP) of Ukraine in April-June 2019 was 4.6% compared to the same period in 2018, whereas the growth rate in the first quarter was lower, being fixed at 2.5%. The Q2 indicator was announced by Ukraine’s State Statistics Service on Wednesday. The country’s real GDP in the second quarter … Read more
The Cabinet of Ministers on August 14 put amendments to the mechanism of functioning of public service obligations (PSO) in the electricity market. The relevant decision was voted in accordance with an abridged procedure. Initially, draft amendments to PSO were not put on the agenda of a government meeting on that day. The intention of … Read more
Fozzy Group applied BigData provided by Vodafone Ukraine mobile operator for planning and development of its retail network, reads a joint press release of two companies. Analysts at the Fozzy Group received accurate data on a high-quality portrait of an audience that visit stores allowing to divide the flow of people into those, who live, … Read more
Ukrainian President Volodymyr Zelensky has said that gambling will be legalized in Ukraine, in particular, it will be permitted to open casinos in five-star hotels. “We will legalize gambling, namely the operation of casinos in five-star hotels, which will stimulate the development of the tourism cluster of the region near the Black Sea. Here we … Read more
The mobile communications operator lifecell in April-June 2019 saw a rise of 41.8% in net loss year-over-year, to UAH 293.2 million. According to financial report posted on its official website, lifecell’s revenue grew by 16.1%, to UAH 1.48 billion. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 41.7%, to UAH 798.8 million. EBITDA … Read more
The net profit of solvent banks in Ukraine in January-June 2019 amounted to UAH 31 billion, which is 3.7 times more than in the same period last year (UAH 8.3 billion), the NBU said on its Facebook page. The NBU pointed to three factors of growth in bank profits: a 20% increase in net interest … Read more