WEDNESDAY, OCTOBER 27, 2021
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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.

UIA airline continues to pay bills amid growing solvency concerns

KYIV, Aug 28 The financial condition of Ukraine International Airlines (UIA) is currently stable, allowing the company to pay all current payments, and is in dialogue with the state, UIA CEO Yevhen Dykhne said.

SBU busts $250-mln Ponzi scheme that defrauded 600,000 people

KYIV, Aug 28 The Security Service of Ukraine (SBU) has unveiled the financial pyramid scheme, the organizers of which deceived more than 600,000 people and embezzled more than $250 million, the SBU reported on Thursday.

Ukraine, U.S. discuss plans to renew rolling stock of Ukrzaliznytsia

KYIV, Aug 28 Minister of Infrastructure Vladyslav Krykliy and acting Under Secretary of the United States for International Trade Joseph C. Semsar have discussed further partnership between the countries to renew the rolling stock of Ukrzaliznytsia.

U.S. warns of malign Chinese investment

KYIV, Aug 29 - U.S. Secretary of State Mike Pompeo has spoken with President Volodymyr Zelenskiy about U.S. concerns over Chinas attempt to purchase a Ukrainian engine manufacturer, the State Department said on Saturday, RFE/RL reported.

Energoatom reports UAH 10-bln in losses in H1 due to virus shutdowns

KYIV, Aug 27 - The total amount of financial losses of Energoatom for the first half of the year was about UAH 10 billion, acting president of the company Petro Kotin has said.

ArcelorMittal plans to invest $700-mln in Ukrainian steel operation

KYIV, Aug 27 - ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) plans to invest $700 million in the company in 2021-2024.

Mauro Longobardo, the CEO of the company, during a visit by the president of Ukraine to the enterprise with an American delegation led by U.S. Deputy Secretary of State Stephen Biegun, presented a complex of continuous casting machines Nos. 2 and 3 at the production site.

Industry groups seeks to stop environmental control bill in Parliament

KYIV, Aug 27 - The Ukrainian Association of Producers of Ferroalloys and Other Electrometallurgy Products (UkrFA), the Federation of Metallurgists of Ukraine and the Ukrcement association have asked parliamentarians to withdraw from Parliament draft law No. 3091 on state environmental control and start developing a new bill with the involvement of specialized associations, representatives of business entities and the public.

Ukraines economy likely to contract 3.5% on year in 2020, Alfa Bank says

KYIV, Aug 27 - Alfa-Bank (Kyiv) has downgraded the forecast for the fall in the real gross domestic product of Ukraine (GDP) in 2020 to 3.5% from 2% (in the April forecast) and expects a further deterioration in 2021 at the level of 3.9%.

    Archive of Business
Currencies (in hryvnias)
  26.10.2021 prev
USD 26.35 26.29
RUR 0.377 0.374
EUR 30.57 30.58

Stock Market
  25.10.2021 prev
PFTS 526.5 526.5
source: PFTS


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