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Business
Fitch Ratings affirms Metinvest's senior unsecured rating at 'CCC’
KYIV, July 18 – Fitch Ratings has affirmed Metinvest B.V.'s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) and senior unsecured rating at 'CCC.' The Recovery Rating is 'RR4.'
According to a press release, they have also downgraded Metinvest's National Long-Term rating to 'BBB(ukr)' from 'AA+(ukr)' and its National Short-Term rating to 'F3(ukr)' from F1+(ukr).' The Outlook for the National Long-Term Rating is Stable.
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Fitch downgrades Naftogaz rating to ‘C’ amid payment deference plans
KYIV, July 15 - Fitch Ratings has downgraded National Joint Stock Company Naftogaz Ukrainy's (Naftogaz) Long-Term Issuer Default Rating (IDR) to 'C' from 'CCC' following its consent solicitation to defer its debt servicing of its eurobonds, including that due on July 19, 2022, the rating agency said on its website.
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Ukraine doubles grain shipments via railways since Russia war has begun
KYIV, July 15 – Since the beginning of the war, Ukraine has managed to double the transportation of grain by rail to more than 800,000 tons, cargo traffic at road checkpoints by 2.6 times and increase the transshipment of grain in the Danube ports to almost 1 million tons per month, Minister of Infrastructure Oleksandr Kubrakov said.
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Zelensky expands security services shakeup
KYIV, July 18 - President Volodymyr Zelensky expanded the shakeup of his security services on Monday by suspending 28 more officials, a day after he dismissed two senior officials over allegations that their agencies harbored “collaborators and traitors.”
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Smart-Holding’s shopping mall area shrunk after Russian invasion
KYIV, July 18 – The area of the shopping centers of Smart-Holding, owned by businessman Vadim Novinsky, available for rent had decreased from 132,000 square meters to 62,000 square meters since the beginning of the full-scale Russian aggression against Ukraine, Yulia Kiryanova, CEO of the holding, has said.
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Velta resumes shipments of titanium ore to U.S. after getting licenses
KYIV, July 19 – Velta LLC with assets for extraction of titanium-bearing ores in Novomyrhorod (Kirovohrad region) received export licenses for supplies to the United States, and also resumed the shipment of this raw material from Ukraine, CEO and co-owner of the company Andriy Brodsky said on Facebook.
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Naftogaz defers Eurobond payments to accumulate cash for gas imports
KYIV, July 19 – Naftogaz Ukrayiny was forced to apply to eurobond holders with a proposal to voluntarily defer payments on securities for two years in connection with the government's decision to accumulate 19 billion cubic meters (bcm) of gas for the upcoming heating season and the need to find about $8 billion for these purposes, head of the board Yuriy Vitrenko said.
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Archive of Business
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Currencies (in hryvnias) |
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21.03.2025 |
prev |
USD |
41.54 |
41.57 |
RUR |
0.489 |
0.497 |
EUR |
45.00 |
45.32 |
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Stock Market |
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20.03.2025 |
prev |
PFTS |
507.0 |
507.0 |
source: PFTS |
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