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UJ Week
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     Business    

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Kromberg & Schubert switches to diesel power in Ukraine after strikes

KYIV, Oct 24 – Two factories of the German company Kromberg & Schubert in Lutsk (Volyn region), producing electrical cable networks for cars of world brands, switched to diesel generators following Russian missile attacks on power assets in Ukraine.


SPF expects to sell First Kyiv Machine Building Plant on October 27

KYIV, Oct 21 - The State Property Fund of Ukraine (SPF) expects to sell First Kyiv Machine Building Plant, formerly known as Bilshovyk plant with massive property in downtown Kyiv, to the highest bidder on October 27, deputy head of the SPF Kostiantyn Koshelenko said.


Naftogaz, Germany’s RWE mull EUR 500-mln pilot hydrogen project

KYIV, Oct 21 – The cost of a pilot hydrogen project of Naftogaz Ukrayiny and RWE Supply & Trading (Germany) for the production of green ammonia is tentatively estimated at EUR 500 million, head of Naftogaz Ukrayiny Yuriy Vitrenko said.


GTSOU seeks to take part in certification procedure of Nord Stream 2

KYIV, Oct 22 – Gas Transmission System Operator of Ukraine LLC (GTSOU) has submitted a request to the German energy regulator Bundesnetzagentur (BNetzA) to take part in the Nord Stream 2 AG certification procedure.


Ukraine plans to fully supply itself with natural gas within five years

KYIV, Oct 21 - Ukraine will be able to fully supply itself with gas and abandon gas imports within five years, Chairman of the Naftogaz Executive Board Yuriy Vitrenko has said.


Ukrainian IT companies increased revenue 29% on year, Payoneer reports

KYIV, Oct 21 – According to the Payoneer payment platform, the average income of Ukrainian IT companies from foreign clients grew by 29% from the first half of 2020 to the first half of 2021.


Ukraine to restrict purchase of land by foreigners thru 2024

KYIV, Oct 22 – International partners during the consultations did not give negative remarks regarding the model of opening the land market with restricting the access to beneficiaries-foreigners until 2024, as it is foreseen in one of the alternative bills, Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov has said.


EIB approves EUR 450-mln loan to upgrade key highways in Ukraine

KYIV, Oct 23 – The European Investment Bank (EIB) has approved the provision of a credit line of EUR 450 million to finance the construction of Lviv Northern bypass and the rehabilitation of sections of M-05 highway in Cherkasy, Kirovohrad, Mykolaiv and Odesa regions in Ukraine.


Kazakhstan's coal sector loses $11-mln/mo after Russia’s Ukraine ban

NUR-SULTAN, Oct 23 – Kazakhstan's coal industry is incurring $11 million in losses a month while coping with Russian restrictions on coal supply to the Ukrainian market, the Kazakh Ministry of Trade and Integration said in a statement.


Ukraine extends until Feb deadline for bids to explore hydrocarbon fields

KYIV, Oct 23 – The Cabinet of Ministers has extended until February 2020 the deadline for submitting applications for participation in tenders for the development of three hydrocarbon fields on the basis of production sharing agreements (PSA), Roman Opimakh, the executive director of the Association of Gas Producers of Ukraine, said.


    Archive of Business
Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

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