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                        FRIDAY, NOVEMBER 29, 2024
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Economic stabilization requires reform, conference participants say

MOSCOW, Oct. 22 – The stabilization of the economic situation in Ukraine requires the political and macroeconomic stability of systematic reform to improve the business climate, Ukrainian and Russian experts said on Thursday in Moscow at a conference organized by Rinat Akhmetov's Effective Management Foundation and Vedomosti newspaper.


Private equity group buys control of Kosmo retail chin owner

KIEV, Oct. 24 – The Antimonopoly Committee has permitted SBF Southeast European Holdings B.V. (Amsterdam), part of SigmaBleyzer group, to buy over 50% of Kiev-based Sumatra-Ltd., owner of Kosmo retail chain, which sells cosmetics, perfumes and pharmaceutical products.


US court ruling on Kyivstar dispute is unenforceable, says Kiev court

KIEV, Oct. 24 – An August New York arbitration court ruling on the conflict between the shareholders in Kyivstar GSM - Russia's Alfa-Group and Norway's Telenor - cannot be ratified and enforced in Ukraine, the Pechersk District Court in Kiev on Oct. 5 declared, according to a press release by Alfa-Group subsidiary Storm Ltd.


Economic court invalidates AeroSvit purchase of Boryspil Airport land

KIEV, Oct. 25 – The Higher Economic Court of Ukraine has ruled invalid agreements on the purchase of land plots on the territory of the state International Boryspil airport by AeroSvit-Ukrainian Airlines.


Ukraine projects 5.83% decline in natural gas consumption this year

KIEV, Oct. 25 - Ukraine, one of the world’s largest consumers of natural gas, will probably reduce gas consumption by 5.83% this year, reflecting warmer weather and energy conservation efforts, the government reported Thursday.


No progress reported in Tatarstan talks

KIEV, Oct. 25 - Ukraine and the Russian republic of Tatarstan have made no progress so far in talks aimed at resumption of crude supplies to Ukraine’s largest oil refinery, Tatarstan’s oil company Tatneft reported Thursday.


Bogdan Corp, ZAZ begin work on new vehicle plant in Russia

KIEV, Oct. 24 - Bogdan Corporation and Zaporizhia Automobile Plant (ZAZ) have begun building a new plant in Russia to produce cars, trucks and buses.


S&P puts Mittal on CreditWatch negative due to Kryvorizhstal

LONDON, Oct 25 ??“ Mittal Steel??™s purchase of Ukraine??™s largest steel mill was certainly a boon for Ukraine??™s government, but some industry analysts have questioned whether or not Mittal can afford it and whether the price paid was too high, given that it was for a company that does not publish financial records.


Naftogaz Ukrayiny to push for major consumer price increase

KIEV, Oct. 25 - Naftogaz Ukrayiny, the national oil and gas company, will push for a major increase in price of natural gas price sold to consumers across the country, an official at Naftogaz said Tuesday.


Energo-plus seeks EUR 50-mln to move power plant from Türkiye to Ukraine

KYIV, Sept 25 – Scientific and Production Enterprise Energo-plus, which previously announced its intention to relocate a new 60 MW thermal power plant from T&#252;rkiye to Ukraine, is seeking a private investor willing to cover its EUR 50 million cost and 50–70% of the expenses for moving the plant, according to Director Yevhen Korf.


    Archive of Business
Currencies (in hryvnias)
  29.11.2024 prev
USD 41.60 41.60
RUR 0.383 0.370
EUR 42.86 42.80

Stock Market
  28.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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