Emerging Europe Growth Fund III, LP (EEGF III) of Horizon Capital has acquired a minority stake in a leading private medical chain in Kyiv city and region – Dobrobut, the company reported on Wednesday. “Our plans require investment and expertise. Horizon Capital’s capital, knowledge and experience are pivotal in supporting our ambitious strategic plans,” Oleg … Read more
The World Bank has worsened the forecast for the growth of Ukraine’s gross domestic product (GDP) in 2019 to 2.7% from 2.9%, according to the April review of the World Bank “Europe and Central Asia Economic Update, Spring 2019: Financial Inclusion.” According to the document, the World Bank retained the forecast for Ukraine’s GDP growth … Read more
The first reaction of the international loan market to the outcome of the first round of the presidential election is positive: rates on sovereigns fell from a fall by 0.26 percentage point (p.p.) in a day as of 10:30 am for 2020 eurobonds (0.46 p.p. in a week) to a decline by 0.07 p.p. for … Read more
ICIS, the leading provider of pricing and market intelligence for the global energy, chemicals and fertilizer sectors, has introduced new price assessments for the Ukrainian natural gas market, ICIS has said in a press release. The addition of price assessments on the Ukrainian market will provide additional transparency to a market that has the potential … Read more
National joint-stock company Naftogaz Ukrainy has announced an auction to procure audit service as part of preparations for the issue of loan participation notes (eurobonds), the company reported on Friday. “The main tasks… is the preparation and issuance of letters of assurances for the purpose of issuing eurobonds, as well as the revision and preparation … Read more
The real gross domestic product (GDP) of Ukraine in 2018 grew by 3.3% after raising by 2.5% in 2017 and by 2.4% in 2016, the State Statistics Service has stated. Nominal GDP amounted to UAH 3.559 trillion, and UAH 84,190 per capita, the change in the deflator was 5.4%. According to the report, the State … Read more
The estimates of the volume of exports of weapons and military equipment from Ukraine in 2014-2018 with a 23% share of exports to the Russian Federation, published by the Stockholm International Peace Research Institute (SIPRI) in March, are incorrect and do not correspond to the reality, Ukroboronprom state concern has stated, noting that it has … Read more
The U.S. Jabil Circuit has invested $16 million in the construction of a second stage of the electronics manufacturing site in the village of Rozivka, Zakarpattia region, Jabil Director General in Ukraine Serhiy Kartsev told reporters at the presentation of the plant on Friday. With the opening of the second stage, the site’s area has … Read more
The National Bank of Ukraine (NBU) again decided to remain unchanged the refinancing rate at the level of 18% per annum, according to a posting on the website of the central bank on Thursday. Decision No. 199-rsh on the size of the refinancing rate was approved by the central bank’s board on March 14, 2019. … Read more
The Mariupol port has lost 33% of its fleet and up to 140,000 tonnes of exported metal products a month due to construction of a bridge across the Kerch Strait and the restrictions on passage of ship, which height exceeds 33 meters, imposed after its construction, according to a posting on the Facebook page of … Read more