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UJ Week
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     Business    

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Ukraine to earn $1-bln per month from grain export shipments

KYIV, July 22 – Agreements signed on July 22 to unblock three Ukrainian ports Odesa, Chornomorsk and Pivdenny for the export of grain and food products will bring Ukraine almost $1 billion in foreign exchange earnings per month, which will be used to support the country's economy and armed forces, Deputy Minister of Infrastructure Mustafa Nayyem said.


Naftogaz says Eurobond holders refuse to support deferred payment plan

KYIV, July 25 – Naftogaz Ukrayiny announced that the proposal to postpone payments on eurobonds, which was due to the government's position to use these funds for natural gas import, did not find support among the eurobond holders and plans to take actions regarding the execution of the company's eurobonds transaction in connection with the government's ban on making payments under existing conditions and instructions to change these conditions.


Ukraine’s joining of European power grid calls for tax legislation changes

KYIV, July 23 – Coupling of the Ukrainian and European electricity markets, in addition to solving a number of technical issues, requires, in particular, the adoption of amendments to the Tax Code of Ukraine regarding the calculation and payment of value added tax (VAT), Head of the Market Operator Roman Sutchenko has said.


Naftogaz to seek contracts with European firms for gas transit

KYIV, July 23 - Naftogaz Ukrayiny hopes for negotiations with European companies on booking capacities of the gas transportation system (GTS) of Ukraine following the agreements reached by the United States and Germany on promoting the preservation of the Ukrainian transit route, Head of Naftogaz Ukrayiny Yuriy Vitrenko has stated.


Ukraine raises $500-mln via additional issue of 2029 eurobond: minister

VILNIUS, July 23 - Ukraine on July 22 carried out the pricing of an additional issue of eurobonds for $500 million with maturity on May 21, 2029: the additional issue was held with a yield of 6.3% and an offer price of 103.493% of par, the Finance Ministry has reported.


Vitrenko says Russia’s Nord Stream 2 pipeline threatens European security

KYIV, July 22 – Ukraine will not change its attitude to the Nord Stream 2 (NS2) gas pipeline project, its launch endangers the security of the country and the region as a whole, CEO of Naftogaz Ukrainy Yuriy Vitrenko has said.


Ukraine’s current account deficit to shrink to 0.4% in 2021, NBU forecasts

KYIV, July 22 - The National Bank of Ukraine improved its forecast for the current account deficit from 0.8% of GDP to 0.4% of GDP in 2021 and left unchanged the forecast for real GDP growth in 2021 at 3.8%, the regulator said on the website.


Demand for apartments remains strong after economy reopens after lockdown

KYIV, July 23 – Demand for apartments in Ukraine as a whole remains stable, and with the end of the lockdown there has been an upward trend, Director General of the Finance and Investment Association (FIMA) Viktoria Volkovska has told Interfax-Ukraine.


Ferrexpo plc invests UAH 1.3-bln in Poltava mining in Jan-March, up 73.6% on year

KYIV, July 25 – British-based Ferrexpo plc in January-March 2019 invested UAH 1.3 billion (over $47.5 million) in the development of Poltava, Yeristovo and Belanovo mining and processing plants (GOK) it controls, which is 73.6% more than the investments for the same period in 2018 in the hryvnia (over UAH 748.9 million) and 71% in U.S. dollars (over $27.8 million).


Naftogaz says no reasons to postpone Ukraine-Russia-EU meeting on gas supplies

KYIV, July 24 – There are no reasons to postpone the trilateral Ukraine-Russia-EU meeting to discuss gas transit after 2019 after the completion of elections to the Parliament, but technical consultations should be held before it, Yuriy Vitrenko, the executive director of Naftogaz Ukrainy, has said.


    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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