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UJ Week
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     Business    

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ArcelorMittal wins ruling on UAH72 million environmental damages

KIEV, Dec. 20 - ArcelorMittal Kryvyi Rih has won a case on damage to the environment exceeding UAH 72 million at the Higher Economic Court of Ukraine against the prosecutor's office of Dnipropetrovsk region, acting in the interests of the state in the person of the State Ecological Inspectorate in Dnipropetrovsk region.


Official: State should retain large Oschadbank and Ukreximbank stakes

KIEV, Dec. 21 – The Finance Ministry believes that it is appropriate to sell at least 25% of shares in state-owned Oschadbank and Ukreximbank by the end of 2019, Deputy Finance Minister Artem Shevalev said.


Ukraine to supply 30 multipurpose An-178 planes to Saudi Air Force

KIEV, Dec. 18 – Ukraine plans to supply 30 new multipurpose An-178 aircraft with a carrying capacity of 18 tons to the Air Force of Saudi Arabia.

The cooperation plans are outlined in a memorandum signed by Antonov State Enterprise and Taqnia Aeronautics (Saudi Arabia) on December 17, 2015 in Kiev, the press service of the state enterprise reported on Friday.


Naftogaz Ukrayiny chairman touts benefits of gas hub project

KIEV, Dec. 19 – The potential capacity of a gas hub, based on underground gas storage facilities in Ukraine, to balance, store, redistribute and supply gas between Ukraine and the European Union could be some 20 billion cubic meters (bcm), Naftogaz Ukrayiny Chairman Andriy Kobolev said.


DTEK calls for removal of anthracite coal from 'antiterrorist' zone

KIEV, Dec. 19 – DTEK energy holding, owned by Rinat Akhmetov, believes that the quickest way of ending the shortage of coal in the country is removing coal from the antiterrorist operation (ATO) zone, Head of the DTEK Anti-Crisis Center Dmytro Sakharuk said at a press conference in Kiev on Thursday.


EBRD to increase grants to small and mid-sized businesses in Ukraine

KIEV, Dec. 19 – The European Bank for Reconstruction and Development will in 2015 increase the number of grants for small and medium-sized businesses in Ukraine, from 95 to 110, at the EBRD Manager for Small Business Support in Ukraine Ekaterina Rigg told reporters.


Dragon Capital’s Europe Virgin fund mulls Ukraine investments

KIEV, Dec. 20 - Europe Virgin Fund L.P., launched by Dragon Capital investment company, is working on several projects in Ukraine and plans to expand its investment portfolio, a managing director for private equity at Dragon Capital, Kamil Goca, told Interfax-Ukraine.


Milk Alliance reports profits falling 53.2% in Jan-Nov

KIEV, Dec. 20 – The net profit of Milk Alliance, one of the largest milk producers in Ukraine, in January-November 2011 fell by 53.2% year-over-year, Milk Alliance Board Chairman Serhiy Vovchenko, said.

He said revenues in 2011 are expected at the level of 2010 – at UAH 2.5 billion.

"The year was worse than we expected… However, as a whole, the holding still has profits," he said.


Sunflower oil maker Kernel Holding reports zero dividend

KIEV, Dec. 20 - Kernel Holding S.A., the holding company of the largest Ukrainian sunflower oil producer Kernel Group, has declared a dividend at nil for the financial year ended June 30, 2011, reads a company report on the Warsaw Stock Exchange (WSE) issued on Monday.


EBA issues concerns over land market draft law in Ukraine

KIEV, Dec. 20 – The European Business Association expressed concern over the present draft law on the land market and asks to take into consideration proposals of leading companies of the Ukrainian agrarian sector and sector organizations when the draft were discussed.


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USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

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PFTS 507.0 507.0
source: PFTS

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