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Russian banks to organize $300 million Kiev infrastructure financing

MOSCOW, March 21 – Russia's VEB Capital and VTB Capital are to organize the attraction of a financing package worth $300 million for infrastructure projects in Kiev, an advisor of VEB Capital's director general for the CIS, Andrei Krasnopoyas, said at a CIS forum.


Zaporizhstal owners peddle 96.7% stake to ArcelorMittal, Akhmetov

KIEV, March 19 - The owners of Zaporizhstal intend to sell their combined stake of 96.7% in one of Ukraine's biggest steel mills, alerting the likes of ArcelorMittal, a South Korean steel company and Ukraine's own biggest steel magnate, Rinat Akhmetov, a source told Interfax.


Ukraine may offer LPNs in May or June, says deputy finance minister

KIEV, March 18 - Ukraine could offer LPNs in May or June, but the volume of any placement has yet to be decided, Deputy Finance Minister Andriy Kravets said at a briefing.

However Ukraine will have to pass its 2010 budget and resume cooperation with the International Monetary Fund first, Kravets said.


Fitch revises nine Ukraine bank outlooks to Stable, from Negative

KIEV, March 18 - Fitch Ratings has revised its outlooks for nine Ukrainian banks to Stable from Negative and affirmed all of the ratings, according to a report from the agency.


EBRD launches study of migration of Ukrainian workers to EU countries

KIEV, March 19 – The European Bank for Reconstruction and Development has launched a research project to study the consequences of the migration of Ukrainian workers to European Union countries in order to determine its influence on the Ukrainian economy, German international broadcaster Deutsche Welle reported on Friday.


Italy??™s Finmeccanica may boost aerospace cooperation with Ukraine

KIEV, March 21 ??“ Italy's largest industrial group, Finmeccanica, may increase cooperation with Ukraine's aviation and space companies, according to the National Space Agency of Ukraine.

Ukraine has offered Finmeccanica to take part in the development of new spacecraft and their components and confirmed its intention to join the projects of the Seventh Framework Program for research and technological development of the EU.


METRO??™s Ukraine sales up 82% in 2006, outpace growth in Russia, China

KIEV, March 21 ??“ METRO Group, one of the world??™s largest retailers, on Wednesday reported its sales in Ukraine had skyrocketed almost 82% on the year in 2006 outpacing the growth in Russia and China.


Moody's assigns B3 long-term debt rating to Credit-Dnepr Bank

KIEV, March 21 - Moody's Investors Service has assigned a B3 long-term senior unsecured debt rating as well as a Baa3.ua national scale rating (NSR) to hryvnia-denominated bonds to be issued by Credit-Dnepr Bank, the agency reported.


Emfesz Kft plans to build gas pipeline from Ukraine to Hungary

KIEV, March 21 - Emfesz Kft. plans to build a pipeline from Ukraine to Hungary to provide natural gas for a combined cycle power plant it plans to build in northeast Hungary, Emfesz Managing Director Istvan Goczi said Wednesday.


France's BNP Paribas to keep 51% in UkrSibbank after share issue

KIEV, March 21 - France's BNP Paribas, the biggest shareholder in Kharkiv-based UkrSibbank, is planning to keep its 51% stake in the bank's charter capital after the Ukrainian bank places additional shares for UAH 450 million.


    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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