The State Agency of Automobile Roads of Ukraine (Ukravtodor) has announced its intention to overhaul 40 km of the M-05 Kyiv-Odesa road at the expense of funds from international financial organizations, and Onur Taahhut Tasimacilik Insaat Ticaret Ve Sanayi A.S. (Turkey) has been determined as the contractor with a contract signed for the amount of…
The State Agency of Automobile Roads of Ukraine (Ukravtodor) plans to receive the second tranche of the loan under state guarantees in June. “We depend on construction plans, but the next tranche will be in June,” Ukravtodor Head Oleksandr Kubrakov said. He noted that on April 30, Ukravtodor received the first tranche of the loan…
Operating banks in Ukraine in January-March posted UAH 15.974 billion, or $592 million, in profit, up by 23.8% YoY. The banks’ revenue for this period increased by 12.6%, to UAH 65.343 billion ($2.4 billion), and expenses grew by 9.4%, to UAH 49.369 billion ($1.8 billion), the National Bank of Ukraine said on its website. Data…
PrJSC Donbasenergo, an electricity generating company, in January-March saw UAH 58.03 million in net profit, up 26.4-fold YoY. According to a company report in the information disclosure system of the National Securities and Stock Market Commission, its net revenue over the period grew by 1.3%, to UAH 1.587 billion, while gross profit fell by 17.35,…
JSC Bogdan Motors automobile company, combining the production assets of Bogdan Corporation, in January-March received a net loss of UAH 610.3 million, while in the first quarter of 2019 its net profit was UAH 161.61 million. According to the interim report of the company, its net income for this period decreased by 39%, to UAH…
Infrastructure Minister Vladyslav Kryklii says Ukraine’s joint-stock railway company Ukrzaliznytsia (UZ) has put its cooperation with Deutsche Bahn and preparations for an initial public offering (IPO) on hold. “Consultations with Deutsche Bahn will be put on hold,” he said. “Do you remember the amount of the bid? It’s over UAH 80 million ($2.95 million). UZ…
The Ukrainian Ministry of Energy and Environmental Protection is planning to accelerate the integration of Ukraine with the European power grid ENTSO-E, Acting Energy Minister Olha Buslavets said during an online discussion of the implementation of Annex XXVII to the Association Agreement. “A very important area is technical synchronization with the European ENTSO-E system. There…