Ukraine’s Finance Ministry at the end of 2016 additionally injected 107 billion UAH into PrivatBank (Dnipro), Fitch Ratings has said in a press release. At the end of 2016 Fitch Ratings downgraded ratings of the financial institution. Fitch said that in December 2016 the Finance Ministry paid 107 billion UAH for shares of PrivatBank. The…
The National Bank of Ukraine (NBU) has revised requirements to anonymity of applications of participants during the placement of government domestic loan bonds, the central bank has reported. Amendments to the rules of holding transactions related to the placement of government domestic loan bonds were approved by the Finance Ministry. They are outlined in NBU…
Ukraine’s Security Service (SBU) has raided an enterprise and notified five persons that they were suspected of seizing the property of the holding. The raid was part of an investigation into a criminal case related to the illegal seizure of one of the agroholding companies. “SBU raided several enterprises in a criminal case under Part…
Public joint-stock company Ukrtransgaz has permitted national joint-stock company Naftogaz Ukrainy and private enterprise ERU Trading to participate in a tender to buy 2.5 billion cubic meters of gas for industrial needs, according to a report in the ProZorro e-procurement system. The expected cost of gas is 17.048 billion UAH. Bids from UICE Group, Naftogazgroup…
Public joint-stock company Ukrtransnafta has made arrangements with public joint-stock company Ukrtatnafta (Kremenchuk oil refinery) on the transshipment of Urals crude oil pumped from the Odessa-Kremenchuk oil pipeline to railway tankers to transport it and pump it to the second line of the Druzhba oil pipeline, First Deputy Director General of Ukrtransnafta Andriy Pasichnyk has…
Bringing order at the customs provided the receipt of an additional 18 billion UAH to the national budget of Ukraine in 2016, including a record high overfulfillment in December 2016 for 4 billion UAH, Prime Minister Volodymyr Groysman has said. “Solution of one of the problems last year was bringing order at the customs. Our…
Ukraine’s seaports in 2016 handled 131.99 million tons of cargo, down by 8.9% YoY, reads a report from the Ukrainian Sea Ports Authority. According to the report, transshipment of exported cargo decreased by 3.3%, to 100.395 million tons, imported cargo by 10.8%, to 16.013 million tons. Transshipment of transit freight fell by 35% and amounted…