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Business
PrivatBank plans acquisitions in Britain, China, Kazakhstan
RIGA, Aug. 23 – Dnipropetrovsk-based PrivatBank, Ukraine's biggest bank in terms of total assets, may purchase banks in Britain, China and Kazakhstan soon, PrivatBank's subsidiary in Latvia (earlier Paritate banka) has reported, with reference to the director of the Ukrainian bank's department for regional development, Maksym Yaitsky. |
Shell, Alliance group establish JV to set up retail network
KIEV, Aug. 23 - Shell International Petroleum Company Ltd. and Alliance Group, Russia’s oil company, have completed the establishment of a joint venture to operate a network of approximately 150 Shell-branded retail sites in Ukraine, the companies reported Thursday. |
Ukraine acquires 100% of shares in major Sense Bank: Finance Ministry
KYIV, July 24 – The Ministry of Finance and the Deposit Guarantee Fund (DGF) on Saturday (July 22) signed a contract for the sale of 100% of the shares of the systemically important Sense Bank JSC (Kyiv, formerly Alfa-Bank) for UAH 1, according to which the bank becomes the property of the state.
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Ryanair may resume some flights to Ukraine by year’s end: CEO
KYIV, July 24 – Ireland's Ryanair, Europe's largest low-cost airline, is considering resuming a small number of flights to Ukraine before the end of this year, subject to successful negotiations by Ukraine on the partial opening of airspace, the executive director of the airline, Michael O'Leary, said.
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Ukraine’s economy likely expanded 21% on year in Q2: IER researcher
KYIV, July 25 - The growth of real gross domestic product (GDP) of Ukraine in the second quarter of 2023 compared to the second quarter of 2022 amounted to about 20-21%, said Oleksandra Betliy, a leading researcher at the Institute for Economic Research and Policy Consulting (IER).
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Ukraine’s economy may grow 5.8% on year in 2023: ICU forecast
KYIV, July 26 – The ICU investment group has revised Ukraine's macroeconomic forecast for 2023-24 upwards, in particular, it expects real growth in Ukraine's gross domestic product (GDP) this year by 5.8% with inflation of 11.2%, while in March - 2% with inflation of 15-16%.
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Naftogaz defaults on Eurobonds after govt refuses to back payment
KYIV, July 26 – Naftogaz Ukrayiny has announced a default on its Eurobonds due to the government's refusal to agree on payments on them.
"The deadline for payments to holders of Naftogaz Eurobonds expired on July 26 without payment taking place," the company said in a press release published on Tuesday evening.
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Ukraine seeks to stimulate exploration, production of rare earth minerals
KYIV, July 26 – President Volodymyr Zelensky signed a decree that enters into force the NSDC decision on stimulating the exploration, extraction and processing of minerals of strategic importance for the sustainable development of the economy and Ukraine's defense capability, dated July 16, 2021.
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Archive of Business
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Currencies (in hryvnias) |
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27.11.2024 |
prev |
USD |
41.50 |
41.44 |
RUR |
0.394 |
0.399 |
EUR |
42.68 |
42.47 |
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Stock Market |
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26.11.2024 |
prev |
PFTS |
507.0 |
507.0 |
source: PFTS |
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