MONDAY, AUGUST 21, 2017
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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.

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.

Gazprom Q2 report discloses $14.2 billion Naftogaz counterclaim

MOSCOW, Aug. 30 - In addition to its own arbitration claims relating to the terms of the contract to supply gas to Ukraine, Russia's Gazprom has for the first time disclosed the amount of counter-claims by NJSC Naftogaz Ukrayiny, which it said were $14.23 billion.

Ukroboronprom working on Horlytsia unmanned antiaircraft system

KIEV, Aug. 30 State Concern Ukroboronprom is working on the creation of multifunctional operative and tactical unmanned aircraft system Horlytsia, which has a flight range produces of more than 1,000 km.

Turboatom, Zaporizhia Titanium in 2016-17 privatization list

KIEV, Aug. 30 The government's committee for economic, financial and legal policy has approved a list of enterprises to be privatized in 2016-2017, including Turboatom, Electrotyazhmash, the United Mining and Chemical Company, the State Food and Grain Corporation, and a state stake in Zaporizhia Titanium and Magnesium Combine LLC.

    Archive of Business
Currencies (in hryvnias)
  18.08.2017 prev
USD 25.51 25.57
RUR 0.431 0.429
EUR 29.83 29.95

Stock Market
  17.08.2017 prev
PFTS 287.3 288.0
source: PFTS


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