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                        WEDNESDAY, NOVEMBER 27, 2024
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UJ Week
Top 1   

     Business    

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Pokrovsky Mining builds 1 MW solar power plant to resume production

KYIV, May 27 – Private Joint Stock Company Pokrovsky Mining and Processing Plant (formerly Ordzhonikidze Mining and Processing Plant, Dnipropetrovsk region) due to a lack of electricity, will presumably continue to stand idle and is building its own solar power plant (SPP) by September with a capacity of 1 MW.


Ukraine to start natural gas market liberalization on July 1

KYIV, May 26 – The liberalization of the natural gas market for internal consumers, planned on July 1, will put a customer at the central position instead of a supplier, Naftogaz Group's Chief Transformation Officer Otto Waterlander has said.


Ukraine reduces 24% on year imports of coking coal in January-April

KYIV, May 27 – Ukrainian coke chemical plants reduced by 24% on the year imports of coking coal and coal concentrate for coking to 3.06 million metric tons in January-April, Ukrmetallurgprom reported Wednesday.


Ukraine’s economy contracts 12% on year in April, ICE reports

KYIV, May 26 – Ukraine's economy probably contracted 12% on the year in April, worsening following 4.5% contraction in March and may result in 10% contraction for the entire 2020, the ICU Group reported.


France’s Leroy Merlin to open two DIY stores in Kyiv in 2020

KYIV, May 27 – Leroy Merlin Ukraine LLC (Kyiv), developing the DIY hypermarket chain of the French brand Leroy Merlin, plans to open a new store in Kyiv in 2010 and is seeking to open two stores of the chain every year in the future, including in large cities of the Ukrainian regions.


TE Connectivity to close automotive cable manufacturing plant in Ukraine

KYIV, May 24 – TE Connectivity, a leading manufacturer of electronic components for various industries, has decided by the end of this year to close its Tyco Electronics Ukraine Limited plant in Ivano-Frankivsk, which has been manufacturing cable for the leading automotive brands for over 10 years.


Kolomoyskiy agrees to accept 25% in PrivatBank to settle court case

KYIV, May 24 – Ukrainian businessman Ihor Kolomoisky has proposed to sign an amicable agreement for PrivatBank (Kyiv) in exchange of around 25% of shares in the bank.


Metinvest reports January-March revenue down 5% on year to $2.86-bln

KYIV, May 27 – The consolidated revenue of Metinvest B.V. (the Netherlands), the parent company of Metinvest mining and metallurgical group, in January-March 2019 fell by 5% year-over-year, to $2.86 billion.


Trade union groups to picket Cabinet of Ministers in May and June

KIEV, May 26 – The Federation of Trade Unions and other trade unions will begin a series of pickets against the Cabinet of Ministers on May 27 aimed at increasing wages, paying wage arrears and forcing the government to hold a dialog with society.


PrivatBank owner suing to recover UAH3 billion from bankrupt airline

KIEV, May 27 – PrivatBank owner Ihor Kolomoisky is seeking to recover in court about UAH 3 billion in debts from affiliated Kiev-based AeroSvit airlines, which has ceased operation.


    Archive of Business
Currencies (in hryvnias)
  26.11.2024 prev
USD 41.44 41.32
RUR 0.399 0.402
EUR 42.47 42.99

Stock Market
  25.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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