JSC Kyivstar mobile operator in April-June 2019 increased its total revenue by 24.4% compared to the same period in 2018, to UAH 5.624 billion, the company’s press service has reported with reference to the quarterly report. According to the report, over the specified period Kyivstar increased its EBITDA by 46.8%, to UAH 3.656 billion, thereby … Read more
Kyiv-based state-owned Ukreximbank’s net profit in January-June 2019 amounted to UAH 862.153 million, which is 27% more than for the same period in 2018 (UAH 679.127 million), the bank said in a statement on its website. According to the report, the bank’s net interest income for the first half of 2019 decreased by 10.5% compared … Read more
The European Bank for Reconstruction and Development (EBRD) has acquired one-fifth (for EUR 120 million) of five-year eurobonds issued by Naftogaz in the amount of EUR 600 million, the bank has said. “The eurobond proceeds are issued for general corporate purposes including the financing of gas purchases. The bank’s financing will be used exclusively for … Read more
Ukroboronprom state concern has sent the first set of BTR-3KSh (command and staff) armored vehicle to Thailand for licensed assembly in this country, director general of the concern Pavlo Bukin has said. “We view this export supply as a marker of deepening our cooperation with Thailand – a strategic partner of Ukraine in Southeast Asia. … Read more
PrivatBank (Kyiv) will start selling its property with discounts, as well as at Dutch auctions through the electronic trading platforms LOT.PB and OpenMarket (SETAM state enterprise), the press service of SETAM has reported. “In the near future, such auctions will be held on objects agreed by the board of the bank,” the report says. According … Read more
JSC Ukrtransnafta has transferred 100% of its net profit in the amount of UAH 1.463 billion for 2018 in dividends to Naftogaz Ukrainy. The press service of the company said last year the company also sent 100% of its net profit for 2017 in the amount of UAH 2.139 billion to pay dividends. As reported, … Read more
The Court of Appeal in England and Wales on July 22 started considering PrivatBank’s appeal against the decision of the first instance on the discrepancy of the jurisdiction of the bank’s claim against the ex-owners, a source familiar with the case has told Interfax-Ukraine. “The hearings will last about five days,” he said. The interlocutor … Read more
Ukroboronprom state concern intends on September 26, 2019 to hold an auction to provide services for an independent audit of the concern and its enterprises with the assistance of international experts as part of a tender announced on July 22 for an expected amount of UAH 32.5 million. According to information on the ProZorro portal, … Read more
The Kyiv Court of Appeals has recognized and granted permission to execute the decision of the International Court of Arbitration in Paris of November 26, 2018 to compensate Oschadbank (Kyiv) for more than $1.1 billion of losses caused by the annexation of Crimea by Russia. The court by its ruling dated July 17 of this … Read more
The National Bank of Ukraine has improved its macro forecast for 2019–2021: the estimate of the real growth of the economy this year has been raised from 2.5% to 3%, and in the next year from 2.9% to 3.2%. “Compared with the April macroeconomic forecast, the National Bank improved its forecast for the economic growth … Read more