The National Bank of Ukraine (NBU) has transferred the eighth tranche of profit in the amount of UAH 4.4 billion to the state budget, the central bank’s press service reports. “On December 7, the National Bank transferred the last eighth tranche of profit in the amount of UAH 4.4 (44,378,828,945.50) billion to the state budget,”…
PrivatBank has introduced the money transfer service using Welsend system, the bank has said in a press release. The Welsend money transfer system was created by Ukrgasbank (Kyiv) in 2013. Partners of Welsend are 53 financial institutions both in Ukraine and outside the country. The system is present in over 120 countries and has over…
China expressed interest in cooperation on the purchase of Ukrainian aircraft, the press service of the Ministry of Economic Development and Trade of Ukraine reported. “China is interested in cooperation on the purchase of airplanes and their joint production using materials and spare parts produced in China,” the report said. Ukraine’s Trade Representative Natalia Mykolska,…
The public joint-stock company Ukrzaliznytsia intends to send some UAH 13-16 billion of own funds for capital investment next year, acting Board Chairman of Ukrzaliznytsia Yevhen Kravtsov has said. “We prepared the capital investments and financial plan in an open mode. The figure was at the level of UAH 52 billion – the total demand…
The national energy company Ukrenergo has drawn up a feasibility study for construction of infrastructure to transmit electricity from solar power plants with a capacity of up to 1.2 gigawatts in the Chornobyl exclusion zone. Ukrenergo presented the document at a government meeting on December 1. “The project envisages construction of a new330/110 kV substation…
Sugar production in Ukraine as of December 5 amounted to 1.73 million tons, according to the Ukrtsukor National Association of Sugar Producers. “At present some 1.73 million tons of sugar has been produced and 12.11 million tons of sugar beets has been processed. According to the association, the sugar season will end by the new…
!FEST Holding (Lviv), developing a network of creative restaurants and projects, will double the capacity for beer production to almost 1 million liters per year, head and co-owner of the company Andriy Khudo has said. “The capacity of our brewery Theater of Beer Pravda in the Market Square (Rynok Square) in Lviv is 500-600 liters…