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Business
China's Tianjin Lishen Battery to build Dnipropetrovsk region plant
KIEV, May 16 – China's Tianjin Lishen Battery Joint-stock Co., Ltd plans to build a battery plant in Dnipropetrovsk region, and the Ukrainian partner of the project could be a large battery producer in Ukraine – Westa Corporation (Dnipropetrovsk), Dnipropetrovsk Regional Administration reported. |
S&P affirms Ukraine 'B/B' ratings and continues negative outlook
KIEV, May 17 – Standard & Poor's Ratings Services has affirmed its 'B/B' long- and short-term foreign and local currency sovereign credit ratings on Ukraine.
"The outlook remains negative," according to the report.
"We also affirmed the long-term Ukraine national scale rating at 'uaA-'," the agency said. |
Akhmetov hails building of Zaporizhstal oxygen converter plant
KIEV, May 17 – The building of a new oxygen-converter plant will make Zaporizhstal one of the most modern steel mills in Eastern Europe, according to Rinat Akhmetov, the owner of SCM, which via Metinvest Holding indirectly owns the largest stake in Zaporizhstal. |
Government to stress economic aspects of foreign policy, says Kliuyev
KIEV, May 17 – First Deputy Prime Minister and Minister of Economic Development and Trade of Andriy Kliuyev said that the government intends to pay special attention to economic aspects of foreign policy and has already significantly increased the number of contacts with its major economic partners. |
Energy sector needs $110 billion over 20 years, says SCM official
LONDON, May 17 - Outdated equipment and growth in demand for electricity will require about $110 billion in investment to be made in the Ukrainian energy sector over the next 20 years, according to Sergey Korovin, the director of Energy Business Development of System Capital Management. |
SPF to exclude 700 companies from privatization no-hit list
LONDON, May 17 – The State Property Fund intends to exclude 700 enterprises from the list of state-run companies that are not subject to privatization, mostly from those sectors which have never been offered for sale, State Property Fund Chairman Oleksandr Riabchenko said. |
Honda Ukraine trims sales estimates due to earthquake and tsunami
KIEV, May 18 - Honda Ukraine, the official distributor of Honda cars, motorcycles and power equipment in Ukraine, has reduced its estimate of car sales in the country by 27% due to the cut in production at Japanese plants hit by March's earthquake and tsunami. |
Ukraine bank assets rose 2.2% in April, central bank reports
KIEV, May 19 – The assets of Ukraine's banks rose by 2.2% in April. to UAH 1.021 trillion, while their total assets (including reserves and inter-branch turnover) were up by 2.3%, to UAH 1.176 trillion, according to the National Bank of Ukraine. |
Archive of Business
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| Currencies (in hryvnias) |
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21.03.2025 |
prev |
| USD |
41.54 |
41.57 |
| RUR |
0.489 |
0.497 |
| EUR |
45.00 |
45.32 |
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| Stock Market |
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20.03.2025 |
prev |
| PFTS |
507.0 |
507.0 |
| source: PFTS |
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