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Business
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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EBRD, Naftogaz to develop low-carbon hydrogen supply chains
KYIV, July 26 – The European Bank for Reconstruction and Development (EBRD) and the Gas Transmission System Operator of Ukraine (GTSOU) have signed an agreement to formalize their cooperation on low-carbon hydrogen and to develop hydrogen supply chains.
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Investors seeking to turn Kyiv’s Dnipro hotel into cyber gaming venue
KYIV, July 23 – A group of investors plans to create the world's first hotel fully prepared for e-sports events on the basis of Dnipro hotel in Kyiv, the co-founder of the Ukrainian multi-gaming e-sports organization Natus Vincere (NAVI), the founder of the DreamTeam gaming platform, Oleksandr Kokhanovsky, said.
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Bosch to open up to 6 new service centers in Ukraine by end-2020
KYIV, July 24 – Bosch, a major German manufacturer of automotive and industrial equipment in the world, plans to open five to six new service centers Bosch Auto Service in Ukraine by the end of 2020 (109 stations were operating by the beginning of the year), Volodymyr Matusevych, the head of the auto parts and equipment department at Robert Bosch Ltd., said.
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Archive of Business
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Currencies (in hryvnias) |
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11.11.2024 |
prev |
USD |
41.30 |
41.36 |
RUR |
0.424 |
0.423 |
EUR |
44.49 |
44.56 |
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Stock Market |
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08.11.2024 |
prev |
PFTS |
507.0 |
507.0 |
source: PFTS |
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