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Business
Borschahivka chemical plant stake sale value estimated at $144m
KIEV, Sept. 22 – The sale of up to a 69% stake in Kiev-based Borschahivka chemical and pharmaceutical plant is scheduled for Oct. 28, the company reported.
Taking into account the total issued shares (10,351), the 69% stake is estimated to be worth $144.21 million.
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World Bank reviewing Ukraine forecasts in light of global situation
KIEV, Sept. 23 – The World Bank is working on a review of its macro economic forecasts for Ukraine for 2009, taking into account the situation on the international financial markets, Martin Raiser, Director for Ukraine, Belarus and Moldova said at a press conference on Tuesday. |
Economy ministry to seek $140 million loan from World Bank
KIEV, Sept. 20 – Ukraine’s Ministry for Housing and Utilities Economy plans to raise a $140-million loan from the World Bank under its Municipal Infrastructure Development project, the head of the ministry's department for international ties and coordination of technical assistance Oleg Khusnutdinov said at a press conference in Kiev on Thursday. |
ZAZ to invest $60 million in development of production facilities
KIEV, Sept. 21 – Zaporizhia Auto Plant, one of Ukraine's leading car producers, plans in 2007 to invest around $60 million in the development of its production facilities, UkrAvto Corporation Vice President Yuriy Plechun said during a roundtable on problems in the car building sector in Ukraine. |
Property fund confirms intent to sign deal creating JV with
MOSCOW, Sept. 24 – The State Property Fund has confirmed its intention to sign an agreement on the creation of a JV to complete the building of Kryvy Rih Mining and Processing Plant for Oxidized Ores in Dolynske in Kirovohrad region with Ukrainian Ore-Metallurgic Company, which was founded on a parity basis by Russian Metalloinvest Holding and Ukrainian Smart-group. |
UC RUSAL invests $58 million to upgrade and expand Mykolayiv alumina plant
KIEV, Sept. 24 - United Company RUSAL (UC RUSAL) in 2007 invested $58 million in the upgrade and expansion of production facilities at the Mykolayiv alumina plant, RUSAL's director for international and special projects, Alexander Livshits, told Interfax-Ukraine.
He said that a total of $180 million has been invested in the development of the plant since RUSAL bought the company. |
Complaints from SPF are resolvable, says Mittal Steel Kryvih Rih
KIEV, Sept. 21 ??“ Mittal Steel Kryviy Rih says complaints from the State Property Fund over the execution of the terms of the purchase of Kryvorizhstal are resolvable in most cases, and that they stem from the SPF's own interpretations of the purchase and sale agreement. |
Archive of Business
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Currencies (in hryvnias) |
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27.09.2024 |
prev |
USD |
41.21 |
41.26 |
RUR |
0.444 |
0.446 |
EUR |
45.96 |
46.20 |
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Stock Market |
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26.09.2024 |
prev |
PFTS |
507.0 |
507.0 |
source: PFTS |
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