Business

London court schedules hearing of PrivatBank’s $3 billion claim for March 1

The court in London has scheduled a hearing of the PrivatBank’s $3 billion claim on merits against ex-shareholders of the bank Ihor Kolomoisky and …
Interfax-Ukraine

PGO under court decision closes VAB bank stabilization loan case

The Prosecutor General’s Office of Ukraine (PGO) on June 25, 2020 executed the ruling of Kyiv’s Pechersky district court issued on June 5, 2020 and …
Interfax-Ukraine

EBA insists on extending feed-in tariffs while reducing their size

The European Business Association insists on extending feed-in tariffs for renewable energy sources by two years, as well as fixing the terms of …
Interfax-Ukraine

Jysk opens seven new stores in Ukraine

Jysk Ukraine (Kyiv), developing the JYSK chain of furniture and home goods stores of Jysk Group (Denmark) in Ukraine, opened seven new stores on June …
Interfax-Ukraine

FlixBus resumes intl traffic from Ukraine from June 25

The bus operator FlixBus (Germany) will resume operations in Ukraine on separate international routes from June 25. According to the company’s press …
Interfax-Ukraine

Report alleges illegal timber from Ukraine used in popular IKEA products

A Ukrainian company allegedly supplied illegally sourced timber from the Carpathian Mountains to Swedish furniture retailer IKEA, the London-based …
Bermet Talant

National Bank of Ukraine expects rise in prices in primary housing market

Housing prices in the primary market will continue to rise after the coronavirus crisis, while demand will remain stable, according to the financial …
Interfax-Ukraine

Ukraine’s central bank concerned about rapid growth of unsecured consumer loans

The National Bank of Ukraine (NBU) is concerned about the rapid growth of unsecured consumer loans and expects more than 10% of non-performing loans …
Interfax-Ukraine

UNIAN: PrivatBank transfers over $900 million in dividends for 2019 to budget

PrivatBank, Ukraine’s No. 1 bank, has transferred Hr 24.5 billion, or $920.7 million, in dividends for 2019 to the national budget. Read more here.
UNIAN

UkrInform: Ukraine central bank says banking sector successfully withstands first COVID-19 wave

The Ukrainian banking sector has successfully weathered the first wave of the coronavirus crisis, but banks must be prepared for the negative …
UkrInform

UNIAN: Ukrainian labor migrants’ remittances shrink by 13.2%

The National Bank of Ukraine (NBU) says remittances from Ukrainian labor migrants in April shrank by 13.2% year-over-year (y-o-y), to $826 million, …
UNIAN

Reuters: IKEA to review its Ukrainian wood supply after critical report

STOCKHOLM – Furniture retailer IKEA said on June 23 it would review its wood supply chain in Ukraine after a report by a non-governmental organisation …
Reuters

Finance Ministry cuts govt bond rates by 0.2-0.26 pp

The Finance Ministry of Ukraine at primary auctions for the placement of government domestic loan bonds on June 23 was able to lower as cut-off rates …
Interfax-Ukraine

EBRD offers recommendations for COVID-19 mitigation measures for tourism industry

The European Bank for Reconstruction and Development (EBRD) has provided an overview of COVID-19 mitigation measures to be considered by the Ukrainian …
Interfax-Ukraine

Ukrinform: Black Sea Trade and Development Bank supports number of Ukrainian projects

The Black Sea Trade and Development Bank (BSTDB) has supported projects of Ukrainian companies Ukrgasbank, Galnaftogaz and Metinvest. Read more here.
UkrInform

Kyivstar launches mobile application for electronic document management with Mobile ID

Kyivstar mobile communications operator, together with the software development company Intecracy Deals, has launched the Star.Docs mobile document …
Interfax-Ukraine

Ecolines bus service launches trips from Kyiv to Wroclaw from June 22

The Ecolines international bus service, which includes the Ukrainian Autolux service, will resume trips from Kyiv to Wroclaw (Poland) from June 22. As …
Interfax-Ukraine

UNIAN: PrivatBank – Ukraine’s retail trade turnover reaches pre-quarantine level

Ukraine’s largest state-owned PrivatBank says the country’s trade turnover in major retail sectors in May 2020 reached the pre-crisis level, nearing …
UNIAN
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