CEO of Ukraine’s state-owned railways operator Ukrzaliznytsia Wojciech Balczun has announced his company will repair railway tracks in another country for the first time in its history. “Our railwaymen with their equipment have been invited to Poland to perform a cycle of operations at the Medyka station. To this end, Ukrzaliznytsia’s branch – the Center…
Ukraine’s State Service for Food Safety and Consumer Rights Protection in the past several days received confirmation of an African swine fever (ASF) outbreak recorded in Poltava and Cherkasy regions. According to a posting on the website of the authority, pigs died at public joint-stock company Kaplyntsivske (Poltava region) and private enterprise Shulz (Chekasy region)…
Ukrainian banks’ debts to the National Bank of Ukraine (NBU) related to refinancing loans reduced by 3.9% in April, to UAH 66.622 billion, or $2.52 billion. Refinancing-related debts owed by banks to the regulator shrank by 10.9%, or by UAH 8.157 billion ($308 million) in January through April, the NBU reported on its website. The…
PrivatBank (Dnipro) has proposed repaying UAH 13.8 billion debt on refinancing to the National Bank of Ukraine (NBU), which will free ex-co-owner of the financial institution Ihor Kolomoisky from personal guarantees, NBU Head Valeriya Gontareva has said. “The bank wants to repay this refinancing to us, but then they will rid Kolomoisky of all the…
Two individuals, Ukrainian citizens, in April submitted packages of documents to the National Bank of Ukraine (NBU) to obtain its approval for the acquisition of a direct stake in the public joint-stock company Prominvestbank (Kyiv), the press service of the central bank has reported. “Now the documents have been registered and are under consideration. After…
The Cabinet of Ministers of Ukraine has decided to transform Antonov and Plant 410 CA state-owned enterprises, which are part of Ukroboronprom state-owned defense giant, into joint stock companies. The relevant resolution was adopted at a government meeting on May 11. “This will improve the corporate management of enterprises, as well as attract investors,” said…
The International Monetary Fund (IMF) has revised downwards expectations for growth of the ratio between total external debt to GDP in Ukraine in 2017. The fund said that the indictor would grow to 127.4% of GDP from 123.8% of GDP in 2016 (earlier it was projected to 136.3%) and it would decline to 126.3% of…