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Business
Ukraine plans to nationalize Motor Sich
KYIV, March 11 - Ukraine will take aerospace company Motor Sich back into state ownership in the near future because of its strategic importance to national security, Reuters reported on Thursday citing top security official Oleksiy Danilov.
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EssilorLuxottica buys 51% of Optical House’s 190-store chain in Ukraine
KYIV, March 11 – EssilorLuxottica, a leading international manufacturer and supplier of ophthalmic eyeglasses, optical frames and sunglasses, completed the purchase of a 51% stake in Optical House, operating through the largest network of 190 optic stores under the Luxoptica brand in Ukraine, on January 3. |
Foreign investors may start pulling money out of Ukraine amid crisis
KYIV, March 11 – It is likely that nonresidents in the conditions of the unfolding global crisis would withdraw funds from Ukraine received from the payments on government domestic loan bonds held by them, although the National Bank of Ukraine (NBU) has reserves to reflect the impact of this pressure on the hryvnia, the founder and head of Concorde Capital investment company, Ihor Mazepa, has said. |
Central bank shells out $270-mln to support hryvnia amid economic shocks
KYIV, March 11 – The National Bank of Ukraine (NBU) sold $270 million in the interbank foreign exchange market on Tuesday, responding to the high demand for currency, which is linked to the worsening of mood of financial market players over the spread of coronavirus COVID-19 and the shocking drop in the prices of crude oil in recent days, the regulator has reported on its Facebook page. |
IKEA may alter entry plans due to Kyiv mall construction delays
KYIV, March 7 – The Swedish company IKEA, the world's largest retailer of furniture and household goods, has to adjust its plans to enter the Ukrainian market due to the delayed construction of the Ocean Mall trade and entertainment center in Kyiv, in particular, the company is considering alternative ways for launching business in Ukraine. |
Archive of Business
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| Currencies (in hryvnias) |
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21.03.2025 |
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| USD |
41.54 |
41.57 |
| RUR |
0.489 |
0.497 |
| EUR |
45.00 |
45.32 |
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| Stock Market |
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20.03.2025 |
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| PFTS |
507.0 |
507.0 |
| source: PFTS |
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