Based on the results of its activities in 2023, PJSC Ukrnafta saw a net profit of UAH 23.6 billion, company director Serhiy Koretsky said on Facebook. According to him, an independent audit of financial statements was completed by Grant Thornton Ukraine on April 3. “Last year’s dividends are twice the cumulative result of the last … Read more
The European Network of Transmission System Operators for Electricity (ENTSO-E) approved the accession of NPC Ukrenergo to the European Inter-Transmission System Operator Compensation (ITC) mechanism for compensation of losses during electricity transit from July 1, 2024. “I received a positive message from our colleagues from ENTSO-E, who approved the accession of Ukrenergo to the ITC … Read more
Ukrainian car sharing service Getmancar has announced the launch of its services in Moldova. The service was launched in the country under a franchise. Since April 2024, Moldovan users will be able to rent the Getmancar electric vehicles in Chisinau and travel throughout the country, except for the Russia-occupied region of Transnistria. Currently, Moldova has … Read more
The agreement, on the basis of which the Czech railway operator RegioJet operates the railway infrastructure of Ukrzaliznytsia on the Prague-Chop-Prague route, was concluded for a period of one year. “The basis for the running of the train (Prague-Chop-Prague) on the territory of Ukraine are three separate agreements, namely an agreement for the running of … Read more
Inditex, the parent company of brands such as Zara, Bershka and Pull&Bear, will reopen 20 of its shops in Ukraine today. The company has also resumed online sales for Ukrainian consumers. The company’s stores closed on February 24, 2022, the day of Russia’s full-scale invasion. Zara, Pull & Bear, Massimo Dutti, and Bershka were among … Read more
Payment service providers, merchants and clients suffered UAH 833 million in losses from illegal actions with payment cards over the past year, which is 73% higher than the figure for 2022, the National Bank of Ukraine (NBU) reported on Tuesday. The number of cases of financial fraud in 2023 grew by a quarter, to 272,000 … Read more
The share of non-performing loans (NPL) in the banking sector as of March 1, 2024 decreased to 36.59% from 36.75% in February, mainly due to a decrease in problem loans to individuals by 0.45 percentage points (p.p.), to 22.35%, according to data from the National Bank of Ukraine (NBU). The volume of loans in February … Read more
JSC Ukrzaliznytsia transported 16 million tonnes of cargo in all directions in March 2024, which is a third more than in March 2023, and 10% more than the record figures of February 2024, when the volume of transportation reached 14.5 million tonnes, said Deputy Prime Minister for Restoration of Ukraine – Minister for Communities and … Read more
The Metinvest mining and metallurgical group intends to build a plant in Piombino in the Italian region of Tuscany as one of the most technologically and environmentally advanced of its kind, which will become a pilot for our future investments of the company in Ukraine, Metinvest CEO Yuriy Ryzhenkov said in an interview with La … Read more
As a result of Russian strikes on Ukraine’s energy grid in March, 80% of DTEK’s thermal generating capacity, available before the largest attack on the energy system on March 22, was damaged or completely destroyed, its CEO Dmytro Sakharuk said. “Yesterday (March 29) there was the second largest attack on our facilities, the largest one … Read more