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Business
U.N. seeks to purchase more large-scale energy equipment for Ukraine
KYIV, Sept 20 – The United Nations is working to purchase more large-scale energy equipment for Ukraine. Through the UNDP, over 6 million Ukrainians have gained stable access to electricity, said Shoko Noda, Assistant Secretary-General of the UN and Director of the UNDP Crisis Bureau.
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IMF suggests Ukraine to hike VAT, excise and environmental taxes
KYIV, Sept 20 – The International Monetary Fund (IMF) believes that raising the bank profit tax from 25% to 50% in 2024 is unlikely to be effective and suggests the government consider raising broader taxes such as value-added tax (VAT), excise taxes, or environmental taxes, as outlined in the National Revenue Strategy (NRS).
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Russian missile strikes PepsiCo plant near Kyiv, report says
KYIV, Sept 21 – As a result of a Russian missile attack on September 21, the PepsiCo plant in the town of Vishneve, Kyiv region, was damaged. Due to a fire that started after a missile strike, a dairy warehouse and part of the production premises were partially destroyed, the Kyiv-Info Telegram channel said.
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Ukraine’s insurance market loses one third of revenue due to war
KYIV, Sept 22 - According to the results of the first half of the year, the insurance market of Ukraine lost almost a third of its business, or 28% in premiums and 32% in insurance payments throughout the market, Yulia Khrystoliubska, the deputy head of the department for supervision of insurance companies of the National Bank of Ukraine, said at a meeting with insurance market participants on Thursday.
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EBRD, IFC to invest $80-mln in Horizon Capital Growth Fund IV in Ukraine
KYIV, Sept 22 – The International Finance Corporation (IFC) from the World Bank Group will enter the capital of a new fund managed by Horizon Capital – Horizon Capital Growth Fund IV (HCGF IV) with an equity commitment of $30 million, and the European Bank for Reconstruction and Development (EBRD) with an equity commitment of $50 million.
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Overwhelming majority of EBA members in Ukraine forecast growth in 2022
KYIV, Sept 22 – The vast majority, namely 83% of members of the European Business Association (EBA), forecast growth of their business in 2022, up from 60% a year ago, according to Business Forecast 2022 conducted by the European Business Association together with Nestlé Ukraine.
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CWP Global expands in Ukraine with acquisition of 73 MW wind farm
KYIV, Sept 22 – CWP Europe of the international energy infrastructure development company CWP Global, operating in Australia and Europe, enters the Ukrainian market for the first time with the acquisition of a 73 MW onshore wind turbine in Kherson region, the representative office of CMS Cameron McKenna Nabarro Olswang (Germany) in Kyiv said on its website.
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Most businesses upbeat on financial strength by end-2021: AmCham survey
KYIV, Sept 22 – Some 90% of business representatives give an upbeat forecast on their companies' financial health at the end of 2021: 62% will achieve planned financial results, 28% will achieve more than was planned, according to a survey of the American Chamber of Commerce in Ukraine conducted jointly with Citi Ukraine.
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Archive of Business
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Currencies (in hryvnias) |
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30.09.2024 |
prev |
USD |
41.17 |
41.21 |
RUR |
0.443 |
0.444 |
EUR |
45.95 |
45.96 |
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Stock Market |
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27.09.2024 |
prev |
PFTS |
507.0 |
507.0 |
source: PFTS |
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