The National Bank of Ukraine (NBU) has increased the refinancing rate from 12.5% per annum to 13.5% per annum from October 27, 2017. The NBU said in a press release that the decision was made by the NBU’s board on Thursday. As reported, the NBU reduced the refinancing rate to 12.5% from 13% per annum … Read more
The State Property Fund of Ukraine (SPF) intends to put up 68.01% of PJSC Zaporizhia Aluminum Combine (ZAlK) on sale in early 2018. According to a press release of the SPF, with reference to head of the agency Vitaliy Trubarov, ZAlK sale is scheduled for the first months of 2018. Previously the plant was the … Read more
PJSC Ukrtelecom in the third quarter of 2017 received a net profit of UAH 283.27 million, which is four times more than net profit for the third quarter of last year (UAH 70.63 million), the company said in a statement in the information disclosure system of the National Securities and Stock Market Commission. According to … Read more
DTEK will soon supply the first 150,000 tonnes of G grade (gas) coal from the United States to replenish the stocks in the warehouses of its thermal power plants (TPP) while preparing for the heating season, the company’s press service has said. According to its data, the first bulk carrier with 75,000 tonnes of coal … Read more
Some 154 new commodity items have been added to the list of exports to Canada, including special vehicles for $3 million, copper bars and profiles for $2.9 million and turbojets for $1 million, Deputy Minister of Economic Development and Trade, Ukraine’s trade representative Natalia Mykolska has reported. “The largest growth was in non-raw materials. The … Read more
The Economic Court of Dnipropetrovsk region will consider the application of PJSC Ukrtatnafta (Kremenchuk, Poltava region) to declare PJSC Dniproavia airline bankrupt. According to a report on the court’s website, the application will be considered on October 23, 2017. The court in September 2016 decided to recover a debt of UAH 163 million from Dniproavia … Read more
Kernel Holding S.A., one of the largest Ukrainian agricultural groups, entered on October 16, 2017, into pre-export credit facility with a syndicate of European banks a limit of $200 million. The three-year secured revolving facility will be used by Kernel to fund the working capital needs of its sunflower oil production business in Ukraine, the … Read more
Polish oil and gas company PGNiG has signed an agreement with Ukrtransgaz on gas transportation via the Ukrainian gas transportation system (GTS), Polish mass media have reported, with reference to the company. Thus, PGNiG will be able to sell gas to Ukrainian consumers not only on the border as it did before. The term of … Read more
The Ukrainian coffee market showed an increase in sales by 3% in natural terms in the period from September 2016 to August 2017, the Nielsen research company has said. According to a press release, during the same period of 2015/2016 coffee sales dropped by 8%. In September 2016-August 2017 the segment of natural (ground and … Read more
The State Property Fund of Ukraine (SPF) plans in 2018 to sell Odesa Port-Side Chemical Plant, Centrenergo, Turboatom, six regional power supply companies, the Agrarian Fund, the State Food and Grain Corporation of Ukraine, acting SPF head Vitaliy Trubarov has stated. “The fund expects the transfer of the Agrarian Fund and the State Food and … Read more