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EBRD may allocate $50 million to Forum Bank for loan programs

KIEV, Oct. 27 – The European Bank for Reconstruction and Development may allocate for Forum Bank (Ukraine) about $50 million for implementing a program for crediting medium and small businesses and issuing microcredits, along with mortgage crediting, Forum Bank reported.

Nokia signs 3G core and radio framework agreement with Ukrtelecom

KIEV, Oct. 30 - Nokia and Ukrainian fixed-line and broadband operator Ukrtelecom have signed a three-year framework agreement for the supply of 3G core and radio network, as the operator is extending its services to the mobile domain.

New wind power plant to be launched in Kherson region next month

KHERSON, Oct. 30 – The first line of the Prysyvashska wind power plant, which is being built near the settlement of Hryhoryivka in Chaplynsk District of Kherson region, is to be launched in November, Kherson region head Borys Silenkov said last week during a meeting with Norway's ambassador to Ukraine Olav Berstad.

Mittal Steel to pay for $4.8 bln Kryvorizhstal purchase in 60 days

KIEV, Oct. 28 – Mittal Steel, the world’s largest steelmaker, will channel $4.8 bln for 93% in Kryvorizhstal, Ukraine’s largest steel producer, within 60 days, not 30 days as had been earlier expected, the SPF said Friday. The deadline was outlined in an agreement signed between Mittal and the SPF

Mittal owner confirms interest in buying Kryvy Rih ore combine

KIEV, Oct. 28 - Mittal Steel, winner of the tender for 93.02% of Ukrainian steel giant Kryvorizhstal, confirmed its interest in acquiring the incomplete Kryvy Rih Oxidized Ore Mining and Enrichment Combine, Interfax-Ukriaine reported.

Fozzy Group announces plans to open seven more ?hypermarkets’

KIEV, Oct. 28 – Fozzy Group is to open seven new Fozzy “hypermarkets” at newly acquired sites in addition to its existing three outlets, hypermarket department director Oleksandr Bondarev told Interfax-Ukraine.

SPF sells 33.3% stake in nuclear fuel joint venture for UAH 47.8mln

KYIV, Aug 30 The State Property Fund of Ukraine (SPF) sold 33.3% of shares in Ukrainian-Kazakh-Russian joint venture for nuclear fuel production at an open auction for UAH 47.8 million, which is 51.9 times more than the starting price, to Wise Trade LLC.

Pivdenmash to supply rocket engines to European space launch vehicle Vega

KYIV, Aug 29 - State-owned Ukrainian rocket maker Pivdenmash is preparing a new batch of engines for the European launch vehicle (LV) Vega to ship to the European partners, the press service of the enterprise has reported.

Defense Ministry agrees to order new Ukrainian-made Korsar anti-tank missiles

KYIV, Aug 30 Ukraine's state-run Ukroboronprom concern has welcomed the decision of the Ministry of Defense to use the light, mobile Korsar anti-tank guided missile system, which can hit targets at a range of 2.5 kilometers.

Poroshenko calls acceleration of privatization a priority reform

KIEV, Aug. 29 President Petro Poroshenko called acceleration of privatization is one of the priority reforms in Ukraine and said he expects new laws expanding the list of state-owned enterprises.

    Archive of Business
Currencies (in hryvnias)
  20.10.2017 prev
USD 26.50 26.43
RUR 0.460 0.461
EUR 31.36 31.05

Stock Market
  19.10.2017 prev
PFTS 298.3 297.7
source: PFTS


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