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UJ Week
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     Business    

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Metinvest CEO says AI can make metallurgy more environmentally friendly

KYIV, March 14 - IT and artificial intelligence (AI) can make metallurgy more environmentally friendly and efficient, says Yuriy Ryzhenkov, CEO of the Metinvest mining and metallurgical group.


Ukraine likely to receive more than $10-bln in March-April

KYIV, March 14 – The National Bank of Ukraine (NBU) announces positive changes in the issue of international financing recently, suggesting that Ukraine will receive more than $10 billion in March-April, including due to the positive decision of the IMF Board of Directors on the fourth disbursement of up to $900 million under the Extended Fund Facility (EFF) in a week.


NBU cuts key policy rate by 0.5 percentage points to 14.5% per annum

KYIV, March 14 – The National Bank of Ukraine (NBU), unexpectedly for market participants, lowered the key policy rate by 0.5 percentage points (pp), to 14.5% per annum from March 15.


Ukrainian companies improve expectations over next 3-4 months, poll shows

KYIV, March 14 – Ukrainian business has improved its expectations for the next 3-4 months, in particular, the share of enterprises that plan to grow increased from 39% in January to 49.1% in February, these are the results of the tenth monthly survey of the Institute for Economic Research and Policy Consulting (IER), published on Monday.


Energy minister, group meet to support Energoatom corporatization

KYIV, March 14 – Minister of Energy Herman Haluschenko held the first meeting of the working group to support the corporatization of Energoatom within a meeting of the International Advisory Council of the G7 countries, the Ministry of Energy reported.


Two U.S. students launch website helping Ukrainian refugees find housing

NEW YORK, March 14 - After going to a peace rally for Ukraine in San Diego, Seattle native Avi Schiffmann did what any 19-year-old would do - he called his friend Marco Burstein, an 18-year-old L.A. native, and the duo created a website, ukrainetakeshelter.com, that matches Ukrainian refugees with international hosts.


Ukraine’s IT sector may earn $16.5-bln by 2025, Deputy PM says

KYIV, March 11 - The income of the IT industry in Ukraine thanks to the special legal regime Diia City could grow to $16.5 billion by 2025, the number of jobs in this industry is planned to be increased to 450,000, Deputy Prime Minister - Minister of Digital Transformation of Ukraine Mykhailo Fedorov said during the Ukraine 30 forum.


DTEK Pavlohradvuhillia to invest UAH 30 billion in coal production by 2030

KYIV, March 11 - DTEK Pavlohradvuhillia plans to invest almost UAH 30 billion in production by 2030, which will ensure the production of 141 million tons of coal, according to a press release from DTEK Energy, citing a press conference by DTEK Pavlohradvuhillia CEO Serhiy Voronin in Pavlohrad (Dnipropetrovsk region) on March 11.


Nemiroff obtains license to produce alcohol at Nemyriv distillery in Vinnytsia

KYIV, March 12 – Nemiroff, the biggest Ukrainian alcohol producer, received the first license for the production of alcohol at Nemyriv distillery (Vinnytsia region), which it acquired in November 2020, the company said on Friday.


Energoatom reports UAH 4.8-bln loss in 2020 vs. UAH 3.7-bln profit in 2019

KYIV, March 12 – Energoatom, the state-owned nuclear power producer, reported UAH 4.8 billion of net loss in 2020 versus UAH 3.7 billion of net profit in 2019, the company reported on Friday.


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USD 41.54 41.57
RUR 0.489 0.497
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