The European Bank for Reconstruction and Development (EBRD) intends to buy a stake in state-owned Oschadbank (Kyiv) in the amount of 10-25% depending on the price, and sell it in three or five years at one of the Ukrainian exchanges, EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige has said. “We are…
Public joint-stock company Ukrtransnafta in 2016 saw an 11.7% rise in net profit compared to 2015, to UAH 1.519 billion, the company’s press service reported on April 21. The press service said that taxes and duties paid grew by 64.3%, to UAH 2.19 billion. The large growth of payments to the national budget is linked…
Due to an increase in minimum wage to UAH 3,200, revenues to the national budget from military tax collection in January-March grew by 30%, the State Fiscal Service of Ukraine reported. “In January-March revenues to the state budget under the budget classification code 11011000 (military tax collection) amounted to UAH 3 billion 146.8 million, which…
The state-owned Ukrgasbank in cooperation with Oxygen Group and ULF Finance has started to issue interest-free loans for the purchase of electric cars, the bank’s press service reported. The loan program is designed for four years. Loans will be issued at an interest rate of 0.001% a year with the first installment of 40% of…
The CEO of PJSC Kyivmetrobud (Kyiv) signed a subcontractor agreement worth UAH 3.962 billion with Turkey’s Limak Insaat Sanayi Ve Ticaret A.S. to complete subway construction in Dnipro. According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market, the right to sign the agreement arose…
In March APK-Inform analysts adjusted the forecast supply and demand balances of grains and pulses in Ukraine, and once again lowered the article of domestic consumption of grains in the current season to the level of 25.3 million tons, a decrease of 1% compared with the previous forecast in February, and down by 2% compared…
The total net income of the enterprises that are part of Ukroboronprom state concern in 2016 increased by 31.2% YoY, to UAH 28.3 billion, the press service of the state concern has reported. The financial result from operating activities for the year amounted to UAH 2.344 billion. The volume of investments used for production of…