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Naftogaz Ukrayiny plans to soon acquire 50% stake in Russian oil co
Journal Staff Report

KIEV, Sept. 6 - Naftogaz Ukrayiny, the oil and gas company, plans to shortly acquire a 50% stake in Kalmoil, a small regional Russian oil company, Naftogaz Ukrayiny Chairman Oleksiy Ivchenko said Tuesday.

Naftogaz planned to spend $10 million late last year to acquire the stake, but the National Bank of Ukraine had then suspended the transaction amid concerns that the hryvnia had been facing downward pressure.




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Currencies (in hryvnias)
  20.10.2017 prev
USD 26.50 26.43
RUR 0.460 0.461
EUR 31.36 31.05

Stock Market
  19.10.2017 prev
PFTS 298.3 297.7
source: PFTS

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