Kharkiv Frunze Plant enters British market

PJSC Frunze Plant (Kharkiv) has shipped the first batch of products to a British woodworking company. “A company from Wales, engaged in woodworking and promotion of environmental boilers, has been shipped 175 sieves,” the press service said. According to the report, the products of the Ukrainian enterprise will be used by the British firm to … Read more

Avangard to restructure interest on eurobonds for Oct

Avangard agroholding intends to restructure its interest income on eurobonds worth $200 million payable on October 30, the issuer said on the website of the Irish Stock Exchange (ISE). The company also reported on the continuation of negotiations with the holders of eurobonds on restructuring the securities. Details of the negotiations are not specified. Ukrlandfarming … Read more

Fitch affirms Ukraine at ‘B-‘; Outlook Stable

Fitch Ratings has affirmed Ukraine’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook, Fitch said in a press release published on October 27. In addition, issue ratings on long-term senior-unsecured foreign-currency bonds affirmed at ‘B-‘; issue ratings on long-term senior-unsecured local-currency bonds affirmed at ‘B-‘ and issue ratings on short-term senior-unsecured … Read more

Verevsky buys 209,000 shares in Kernel for $2.83 mln

Namsen Limited under control of Board Chairman of Kernel agroholding Andriy Verevsky on October 23 through October 25 acquired 208,917 shares in Kernel Holding S.A. (Luxembourg). According to a report of Kernel on the Warsaw Stock Exchange (WSE), average price of shares was PLN 48.68 ($13.55 per share at the exchange rate of the National … Read more

Akhmetov remains richest Ukrainian with almost $7 bln, Poroshenko fifth with $1 bln

Businessmen Rinat Akhmetov, Victor Pinchuk and Kostiantyn Zhevaho top the list of the richest Ukrainians, compiled by the Novoye Vremya magazine and the Dragon Capital investment company. According to the ranking of the 100 richest Ukrainians, the fortune of Rinat Akhmetov, the sole stockholder of the largest Ukrainian holding SCM ($6.9 billion), grew by 68% … Read more

Motor Sich sees consolidated net profit rise by 36.7% in nine months of 2017

PJSC Motor Sich (Zaporizhia) saw its consolidated net profit rise by 36.74% under international financial reporting standards (IFRS) in January-September 2017 compared to the same period in 2016, to UAH 2.576 billion. The company reported in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income for … Read more

Milkiland-Ukraine agrees with FUIB on restructuring EUR 9.7 mln debt

Milkiland-Ukraine LLC, part of Milkiland Group with assets in Ukraine, the Russian Federation and Poland, has achieved an agreement with First Ukrainian International Bank (FUIB, Kyiv) on restructuring the loan of UAH 301.7 million (EUR 9.7 million). According to a report by Milkiland on the website of the Warsaw Stock Exchange (WSE), the corresponding agreement … Read more