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Business
Kernel says $20-mln needed to restore grain storages after Russian attacks
KYIV, Aug 21 – The current preliminary estimate of the necessary capital expenditure (CapEx) for the Kernel agricultural holding to repair and restore equipment that was damaged or destroyed during the recent attacks is at least $20 million, according to its announcement on the Warsaw Stock Exchange on Saturday night.
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Ukraine’s economy slows down growth to 8% on year in July, IER reports
KYIV, August 21 – The growth of Ukraine's real gross domestic product (GDP) slowed down to 8% in July compared to the same period last year from 15% in June, primarily due to the high statistical base, as the rate of GDP decline in the third quarter of last year slowed down significantly, according to the Institute for Economic Research and Policy Consulting (IER).
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Kernel sees good prospects after completing harvesting of winter grain
KYIV, Aug 21 – Agricultural holding Kernel, one of the largest in Ukraine, has almost completed the harvesting of winter wheat on an area of 60,000 hectares and winter rapeseed from 10,000 hectares, and notes an increase in yields for them and predicts an increase in production of all crops in the 2023 season, according to the company's announcement on the Warsaw Stock Exchange.
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DTEK seeks to expand renewable power generation to 1,000 MW by end-yr
KYIV, August 22 – Over 200 MW of capacity from green electricity producers that are not part of DTEK energy holding were transferred to the balancing group of D.Trading, the trader intends to add another 800 MW by the end of the year, Dmytro Malyar, CEO of the company has said.
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Kyiv court leaves undecided claim seeking to sell President Hotel
KYIV, Aug 22 – Kyiv's Economic Court has left undecided a claim of PrJSC President Hotel (Kyiv) on termination of an agreement signed with investment adviser Concord Consulting LLC, which won a tender of the State Property Fund of Ukraine (SPF) to prepare the 100% state-owned stake for privatization, and lifted a ban from the SPF on putting the hotel up for sale. |
Kyiv court returns Cabinet’s UAH 1.506-bln in claims against Ukrnafta
KYIV, Aug 22 – Kyiv's business court has returned a claim against Ukrnafta to the deputy prosecutor general of Ukraine who filed it as a representative of the interests of the state in the person of the Cabinet of Ministers of Ukraine seeking to recover UAH 1.506 billion of penalty for dividends paid not in line with the schedule. |
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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