The net profit of public joint-stock company Motor Sich in 2016 was UAH 2.187 billion, down by 36.4% YoY (UAH 3.436 billion), according to preliminary data published by the company in an announcement about the annual general meeting of shareholders scheduled for March 30. Undistributed profit last year grew by 15.7%, to UAH 15.663 billion.…Details
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The government’s resolution to recapitalize nationalized PrivatBank for the amount of UAH 9.8 billion by the issue of 15-year government domestic loan bonds with the indexed value (with reference to the U.S. dollar exchange rate), adopted on February 22, was executed on February 24, according to the National Bank of Ukraine (NBU). According to the…Details
The Individuals’ Deposit Guarantee Fund from February 27, will continue payments to the depositors of Artem-Bank (Kyiv), according to the fund’s website. According to the fund, payments will be carried out in the period until April 10, inclusive on the general register of depositors through the agent banks of Kredobank and FUIB (depending on the…Details
Ukraine continues playing one of the major roles on the global grain market, because the increasing production volumes and qualitative parameters of the exported goods give significant advantage to Ukrainian traders. At the same time, the USA and EU countries started losing their positions due to more competitive prices of Ukrainian products and fairly attractive…Details
A new hydro power plant with a capacity of 24.9 MW will be built on Turgusun river in the East Kazakhstan region, Development Bank of Kazakhstan said in a message. Turgusun HPP-1 will produce up to 79.8 million kilowatt hours of electricity per year. The Turgusun hydro power plant in Zyryanovsk district of East Kazakhstan…Details
According to the official statistics figures, in September-January of the current MY Ukraine exported 60 thousand tons of high-oleic sunflower oil, up 4.2 times YoY and up 2.6 times compared with the first five months of 2014/2015 MY (14.2 thousand tons and 23.1 thousand tons respectively). Expansion of the export geography mainly influenced the reporting…Details
A flight between Dushanbe and Tashkent scheduled for February 23, has not taken place. Tajikistan’s privately owned airline, Somon Air, which was supposed to operate this flight, has not given any comment on this subject. Representatives of Dushanbe International Airport could not give explanation for the cancellation of the flight either. “The flight was on…Details