Bank Pivdennyi (Odessa) in January-September posted a profit of UAH 58.385 million, up by 14.3% YoY (UAH 51.101 million). According to a bank financial report posted on its website, its net interest income for the nine months amounted to UAH 721.308 million, up 2.7-fold YoY (UAH 271.020 million). Excluding expenses for formation of reserves, its…
PrivatBank (Kyiv) saw net loss of UAH 1.604 billion in January-September compared with net profit of UAH 592 million a year ago, according to a financial report of the bank posted on its website. The bank said that its net interest income grew by 43.8%, to UAH 4.959 billion. Not taking into account expenses on…
PJSC Frunze Plant (Kharkiv) has shipped the first batch of products to a British woodworking company. “A company from Wales, engaged in woodworking and promotion of environmental boilers, has been shipped 175 sieves,” the press service said. According to the report, the products of the Ukrainian enterprise will be used by the British firm to…
The loss of the public joint-stock company Kyivenergo from supply of heat and hot water to budget-sustained institutions is around UAH 1.2 million a day, the company’s press service has reported. “Due to a lack of conformance in the prices (the price of gas sold by Naftogaz Ukrainy for these purposes (UAH 7,907) and the…
A new China-Europe freight train route was launched on October 29 in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region. The first train, carrying oil drilling equipment is bound for Poltava via Kazakhstan and Russia. This is the first cargo train linking Xinjiang with Ukraine. The new route will cut the transportation time from…
The National Bank of Ukraine (NBU) at the foreign exchange auction on October 27 sold $86.1 million to Ukrainian banks, according to the press service of the central bank. The minimum exchange rate of hryvnia during the auction was UAH 26.86 per U.S. dollar, the maximum – UAH 26.87 per U.S. dollar. Earlier, the NBU…
President of Turkmenistan Gurbanguly Berdimuhamedov met with Ukrainian businessmen, Chairman of the Board at Interbudmontazh Construction Association Vladimir Petruk and Director General of Altcom Financial Industrial Group Alexander Tislenko, the Turkmen government said in a message. President Berdimuhamedov noted that Turkmenistan aimed at mutually beneficial cooperation with foreign partners, including with the business circles of…