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UJ Week
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     Business    

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Kharkiv court of appeals rules in favor of Britain’s Cadogan

KIEV, Aug. 21 - The Kharkiv Appeals Administrative Court in Ukraine on Wednesday ruled in favor of the British oil and gas company Cadogan Petroleum Plc, allowing it to appeal against an earlier June 17ruling by the Poltava Region Commercial Court on the Zahorianske drilling license, according to a statement released by Cadogan on the London Stock Exchange.


Alliance Ukraine Insurance signs international reinsurance deals

KIEV, Aug. 21 – Kiev-based Allianz Ukraine insurance company announced it has signed obligatory agreements with large international reinsurance companies - Allianz SE (Germany), Swiss Re (Switzerland), Polish Re (Poland), SCOR (France), and Gen Re (the United States).


Beef producers association suggests export ban due to beef shortage

KIEV, Aug. 21 - Ukraine's National Association of Meat and Meat Product Producers (Ukrmiaso) has suggested to the government that beef exports to Russia be suspended due to a shortage of beef on the Ukrainian market.


Russia??™s NCC to invest $500 mln to develop Illihchivsk terminal

MOSCOW, Aug. 25 - The National Container Company (NCC) of Russia will invest $500 million in the development of Illichivsk container terminal, which will increase its cargo handling capacity to four million containers measured in twenty-foot equivalent units (TEU) a year, NCC reported on Thursday.


Lauder blocks Studio 1+1 acquisition by Privatbank co-owner

KIEV, Aug. 25 - U.S. billionaire Ronald Lauder, who owns 60% stake in Ukraine's second most popular television network, Studio 1+1, blocked acquisition of the remaining 40% by a Ukrainian mogul, the television said Thursday.


China plans to increase grain imports from Ukraine, minister says

KYIV, July 24 – China plans to increase grain imports from Ukraine and will support the smooth operation of logistics channels, Chinese Foreign Minister Wang Yi assured during a meeting with Ukrainian Foreign Minister Dmytro Kuleba.


EU, Ukraine seek sustainable gas supplies after Russia deal expires in 2024

KYIV, July 24 – The European Union and Ukraine are looking for ways to ensure sustainable gas supplies to Europe after the termination of the Ukrainian-Russian transit contract in 2024, one of them could be the supply of Azerbaijani gas, said chairman of the board of Naftogaz Ukrainy Oleksiy Chernyshov.


Naftogaz vows to fully meet gas demand for power generation next winter

KYIV, July 24 – Naftogaz Ukrainy will be able to fully meet the gas needs for power generation during the 2024-2025 heating season, considering the pace of recovery of damaged thermal power plant units and the connection of new generating facilities, said the company's Board Chairman, Oleksiy Chernyshov.


Rheinmetall AG to build ammunition plant in Ukraine

KYIV, July 24 – The German concern Rheinmetall AG will build an ammunition production plant in Ukraine, the concern has received a corresponding official order from the Ukrainian government in accordance with the agreements announced in February.


Ukrainian companies expect business to deteriorate over next 6 months

KYIV, July 24 – The share of Ukrainian companies that expect business dynamics to deteriorate over the next six months amounted to 56% of respondents, according to the European Business Association (EBA) survey "Business during the War.”


    Archive of Business
Currencies (in hryvnias)
  27.09.2024 prev
USD 41.21 41.26
RUR 0.444 0.446
EUR 45.96 46.20

Stock Market
  26.09.2024 prev
PFTS 507.0 507.0
source: PFTS

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