Ukraine: Okean shipyard sold for $4.3 million

Assets of the PJSC Mykolaiv Shipyard Okean (Ocean) located in Ukraine’s southern city of Mykolaiv were sold at an auction on December 3 to Annona Trading House LTD for UAH 122.195 million, or $4.3 million, according to Liquidator of the shipyard Iryna Serbin. Initially, the starting price of the enterprise was UAH 1.8 billion ($63.8…

Ukraine: FDI up in January-September 2018

The volume of foreign direct investment in the Ukrainian economy (non-residents’ equity capital) in January-September increased by $367.2 billion, or by 1.2% YoY, to $31.974 billion as of October 1. Over the period under review $1.71 billion in new investment was received, while $491.5 million was dropped. The negative revaluation stood at $851.7 million, according…

Ukraine: Deposit Guarantee Fund introduces temporary administration in VTB Bank

The Individuals’ Deposit Guaranteeing Fund has started the procedure of withdrawing PJSC VTB Bank from the market by introducing temporary administration for one month from November 28 to December 27. According to the fund’s website, Yulia Zabolotna has been appointed temporary administrator of the credit institution. The beginning and procedure of paying guaranteed amount to…

Ukraine: state debt down in October 2018

In October the overall state and government-guaranteed debt of Ukraine decreased by almost 0.5% MoM, the Finance Ministry’s press service reports. As of October 31 the overall state and government-guaranteed debt of Ukraine totaled $74.32 billion, down by $0.35 billion. According to the ministry, the state and government-guaranteed debt in hryvnia equivalent over the reporting…

Ukraine: MHP buys Slovenian poultry firm Perutnina Ptuj

Ukraine’s major chicken meat producer PJSC Myronivsky Hliboproduct (MHP) has signed an agreement to buy 90.68% of the issued share capital of a Slovenian poultry producer, Perutnina Ptuj (PP). “MHP SE, a leading international agro-industrial group, following the announcement of its intention to acquire Perutnina Ptuj D.D. on September 26, announces that MHP has signed…

Ukraine: another five U.S.-built locomotives arrive

Ukraine’s state-run railways operator, JSC Ukrzaliznytsia, says five more locomotives built by U.S. GE Transportation’s Pennsylvania-based plant have arrived at Ukraine’s port of Chornomorsk. As was the case with 15 previously delivered U.S. locomotives, the five would be sent to Ukraine’s Kremenchuk-based PJSC Kryukivsky Railway Car Building Works for final assembly. “Under the contract, the…

Ukraine: Kyiv International Airport passenger flow up in January-October 2018

Igor Sikorsky Kyiv International Airport (Zhuliany) serviced 2.424 million passengers in January-October, up by 56.3% YoY, the airport’s press service reports. The number of passengers serviced on international flights totaled 2,351.2 thousand, and on domestic flights – 73 thousand. The number of flights in January-October included 25,904 both arrivals and departures, up by 32.9% (of…