The European network of medical laboratories Synevo seeks to develop the franchising chain of biomaterial reception centers in towns with population of up to 50,000 people, Synevo Ukraine Commercial Director Mykola Skavronsky has said. “Since last year, we have been actively developing a franchising program. The Sinevo centers open even in small towns with a … Read more
The National Bank of Ukraine (NBU) has declared PJSC Bank Boguslav (Kyiv) insolvent, according to the central bank’s website. The NBU Board made corresponding decision No. 708-RSh/BT on November 6. “As of November 1, 2017 Bank Boguslav had not ensured the implementation of measures foreseen in the previously approved restructuring plan with respect to raising … Read more
The National Commission for Communications and Informatization Regulation (NCCR) intends to approve the conditions for holding a tender to receive a 4G communications licenses for the 2,600 MHz range next week, NCCR Head Oleksandr Zhyvotovsky said during the tests of 4G communications by lifecell in Kyiv on Thursday. The commission’s press service told Interfax-Ukraine that … Read more
Private joint-stock company Indar insulin producer (Kyiv) saw its net profit decline by 85.7% in July-September 2017 year-over-year, to UAH 4.328 million from UAH 30.68 million. According to a company report, net revenue fell by 30%, to UAH 142.461 million. Gross profit declined by 36.4% year-over-year, to UAH 66.545 million. As reported, in 2016 Indar … Read more
Fitch Ratings has upgraded the Long-Term Foreign Currency Issuer Default Rating (IDR) of PJSC CB PrivatBank (Privat) to ‘B-‘ from ‘RD’ (Restricted Default). The Outlook on the Long-Term IDR is Stable. Fitch said in a press release that the Long-Term Local Currency IDR was upgraded to ‘B-‘ from ‘CCC’. The Outlook is Stable. The Local … Read more
The National Bank of Ukraine (NBU) on October 27, 2017 approved the change in the structure of the PrivatBank bank group (Dnipro), the central bank has reported on its website. According to the report, SIA PrivatLizings (Latvia), Privatofice LLC (Dnipro), UK SPV Credit Finance PLC and Ukraine Mortgage Loan Finance No.1 Plc (both based in … Read more
Ukrsotsbank (Kyiv) saw a loss of UAH 1.559 billion in January-September 2017, which was 43.2% less than a year ago (UAH 2.746 billion). According to a financial report of the bank posted on its website, net interest income over the period totaled UAH 283.413 million, which is 4.1% more than a year ago (UAH 272.158 … Read more
Bank Pivdennyi (Odesa) in January-September 2017 posted a profit of UAH 58.385 million, which is 14.3% more than for the same period in 2016 (UAH 51.101 million). According to a bank financial report posted on its website, its net interest income for the nine months amounted to UAH 721.308 million, which is 2.7 times more … Read more
Ukraine has climbed four positions in the Doing Business 2018 ranking of the World Bank, ranking 76th among the 190 economies studied, according to a press release from the Better Regulation Delivery Office. According to the document, Ukraine this year has advanced 105 positions in the field of ease of obtaining construction permits, 41 positions … Read more
Ukraine’s State Property Fund (SPF) will put 50% of shares in private joint-stock company Ukrnaftoproduct up for sale at a stock exchange, acting SPF Head Vitaliy Trubarov has said. “The SPF will put 50% of shares in PrJSC Ukrnaftoproduct up for sale at a stock exchange. Now the shares are being appraised to determine the … Read more