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UJ Week
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     Business    

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Ryanair plans to launch seven new routes in Ukraine in 2019

KHARKIV, March 26 – Ryanair, the largest low cost airline in Europe, plans to launch seven new routes in Ukraine in 2019, Ryanair Sun Chief Executive Michal Kaczmarczyk has said.


EBRD mulls EUR 149-mln to Ukrenergo for power transmission networks

KYIV, March 26 – The European Bank for Reconstruction and Development (EBRD) could provide EUR 149 million to national energy company Ukrenergo for the project to modernize power transmission networks, the bank has said on its website.


French sportsware brand Decathlon opens first store in Kyiv

KYIV, March 27 – The French sportsware brand Decathlon, part of the Auchan Group, on March 23, 2019 opened its first store in Kyiv and plans to focus on expansion in this city in the coming two years.


ArcelorMittal reports net income rising to UAH 5.062 billion in 2017

KYIV, March 27 – Ukraine’s largest steel maker ArcelorMittal Kryvyi Rih reported a net profit of UAH 5.062 billion in 2017, up from UAH 2.704 billion in 2016.

According to the company's announcement of an annual shareholders' meeting scheduled for April 26, retained earnings by the end of the year amounted to UAH 32.980 billion.


Naftogaz, Gazprom fail to agree on supplies

KYIV, March 27 - Ukraine’s national energy company Naftogaz Ukrayiny and Russia’s Gazprom failed to come to an agreement over natural gas supplies and transit, Naftogaz reported Tuesday.


EBRD may sell 2,400 freight wagons seized from Interleaseinvest

KIEV, March 24 – The European Bank for Reconstruction and Development, which took away a fleet of 2,400 freight wagons under a collateral agreement in court from Interleaseinvest, could sell it later, EBRD Corporate Recovery Department Director Kamen Zahariev said.


Lipetsk confectionery sale negotiations on hold, says ICU Group

KIEV, March 24 – ICU Group has not been holding negotiations on the sale of Lipetsk confectionery factory Roshen since mid-2015 in connection with the decision of the Moscow Basmanny Court to arrest its property.


Most Ukraine insurance company assets worthless, regulator says

KIEV, March 27 – The preliminary results of the Ukrainian insurance market in 2016 show that 55% of assets of insurance companies worth over UAH 30 billion are illiquid or hard to sell and generate low income, a member of the national commission for financial service markets regulation Oleksandr Zaletov told Interfax-Ukraine.


DTEK planning to invest in construction of solar power plants

KIEV, March 27 – DTEK intends to invest in construction of solar power plants, DTEK CEO Maksym Timchenko told Interfax-Ukraine.

He said that the pilot project will be construction of a 10 MW solar power plant in Kherson region.


DTEK subsidiaries to increase run-of-mine coal by 10% to 15%

KIEV, March 27 – DTEK subsidiaries Pavlohradvuhillia and Dobropilliavuhillia plan to increase run-of-mine (ROM) coal by 10-15% in 2017, DTEK CEO Maksym Timchenko told Interfax-Ukraine.


    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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