The State Property Fund (SPF) has canceled bidding for the sale of a 25% stake in Odesaoblenergo and Sumyoblenergo, scheduled for March 20 on the Ukrainian Exchange and on March 30 on the PFTS respectively, a source in the fund has told Interfax-Ukraine. According to him, it was decided to sell these stakes in accordance … Read more
The only shareholder of BM Bank (Kyiv), VTB Bank (Russia), has approved the termination of banking activities by the financial institution with the retention of a legal entity. According to the website of BM Bank, the corresponding decision was made by the shareholder at a general meeting on March 19. The bank noted that earlier … Read more
Antonov State Enterprise (Kyiv) saw a 85.43% rise in net profit in 2017 under Ukrainian accounting standards, to UAH 330.22 million. According to a financial report for 2017 posted on the company’s website, net revenue grew by 66.4%, to UAH 6.052 billion. Antonov is the leading Ukrainian developer and manufacturer of aircraft, a recognized world … Read more
The National Bank of Ukraine (NBU) has presented seven strategic goals for the medium term. “In the next three years we will focus on the following objectives: low and stable inflation, a stable, transparent and efficient banking system, the resumption of lending, efficient regulation of the financial sector, free flow of capital, financial inclusion, and … Read more
Growth of audience of Viber application in Ukraine in 2017 was over 11% compared with 2016, and the number of registrations in January 2018 grew by 50% year-over-year, the company’s press service has reported. The company did not disclose the concrete figure for the number of subscribers and financial information, referring to corporate information policy … Read more
The three largest Ukrainian mobile operators on March 6 undertook to pay UAH 5.434 billion for 4G licenses in the 1800 MHz band. According to an Interfax-Ukraine correspondent, the persons who received the right to trading by voice on behalf of the operators were President of Kyivstar Peter Chernyshov, Lifecell CEO Ismet Yazici and Vodafone-Ukraine … Read more
Total investment in Ukrainian IT companies reached $265 million in 2017, which is a 3.3-fold increase from 2016, according to a report of AVentures Capital after the publication of the Dealbook of Ukraine drafted in partnership with the Ukrainian Venture Capital and Private Equity Association (UVCA), Ukrainian business angels network UAngels and Ukraine Digital News … Read more
Ukraine’s Ministry of Finance paid the fifth coupon on eurobonds on March 1, the press service of the ministry has told Interfax-Ukraine. According to the Ministry of Finance, the total payment amounted to $444.4 million. As reported, these eurobonds were issued within the framework of a debt operation carried out by Ukraine in 2015 with … Read more
The National Bank of Ukraine (NBU) has decided to touoghen the monetary policy and increased the refinancing rate to 17% from March 2 from 16%. According to a posting on the website of the central bank, decision No. 133-rsh on the size of the refinancing rate was approved by the NBU Board on March 1, … Read more
The Stockholm Arbitration Tribunal has obliged PJSC Gazprom to pay for transit of 110 billion cubic meters of gas across the territory of Ukraine annually, Naftogaz Ukrainy Board Head Andriy Kobolev said at a press conference in Kyiv on Thursday. According to him, this is not a classic “take or pay” case, but if Gazprom … Read more