Myronivsky Hliboproduct (MHP) is ready to invest EUR 76 million in the partial restoration of Doux Group suffering economic difficulties, the press service of the agricultural holding has told Interfax-Ukraine. According to the press service, at present the French chicken producer LDC and the Ukrainian agroholding MHP are simultaneously negotiating the purchase of the French … Read more
The Ukrainian beer market has stopped falling and stabilized first in the nine years, Carlsberg Ukraine Director General Yevhen Shevchenko has said. “According to our internal assessment, the Ukrainian beer market for the first time in nine years has stopped its decline and stabilized. The facilities of Carlsberg Ukraine are not loaded in full, so … Read more
PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) in 2017 received a net profit of UAH 5.062 billion, while in 2016 it amounted to UAH 2.704 billion. According to the company’s announcement of an annual shareholders’ meeting scheduled for April 26, retained earnings by the end of the year amounted to UAH 32.980 billion. Over the past … Read more
Fitch Ratings has affirmed the Ukrainian city of Kyiv’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B-‘ and National Long-Term Rating at ‘A-(ukr)’, the outlooks are stable, reads a posting on the website of the rating agency. “The ratings reflect a weak institutional framework for subnationals in Ukraine (B-/Stable), still material foreign currency-denominated … Read more
The contract for supplying Oplot-T tanks to the Kingdom of Thailand has been successfully completed, Ukroboronprom Director General Pavlo Bukin has said. A press release by Ukroboronprom on Monday citing Bukin said the last party of tanks had passed checks by the customers and would be sent to the buyer in the near future. “The … Read more
The Irish low cost air carrier Ryanair, which intends from October 2018 to launch flights to Kyiv and Lviv, does not rule out the opening of a subsidiary in Ukraine in future, but this should be preceded by the development of the network and the basing of planes here, Ryanair CEO Michael O’Leary has said … Read more
Ireland’s low cost airline Ryanair in October 2018 is to launch flights to 10 destinations from Kyiv and five from Lviv, Ukrainian President Petro Poroshenko said at a briefing in the Boryspil airport devoted to the arrival of Ryanair to the country on Friday. Ryanair CEO Michael O’Leary said that the flights will be launched … Read more
Kyiv Post newspaper owner Mohammed Zahoor has entered into a preliminary agreement with a Syrian businessman in Odesa to sell the publication for more than $3.5 million. The buyer is Adnan Kivan, a Syrian millionaire. The sale is expected to be completed before April 1, 2018. Kyiv Post employees cite Zahoor saying that Kivan will … Read more
Ukraine’s gross foreign debt as of early 2018 was $116.578 billion, which is 2.59% more than at the beginning of 2017, according to the website of the National Bank of Ukraine (NBU). According to the central bank, government debt in 2017 increased by 6.55%, to $38.886 billion, NBU liabilities by 19.16%, to $7.438 billion. Government … Read more
The National Commission for Communications and Informatization Regulation (NCCR) expects that the next stage of introduction of 4G communications in Ukraine will be for the 900 MHz band. “The next priority is the 900 MHz band. We are working on it. As soon as all preparation works are completed, we will present a plan how … Read more