The share of non-performing loans in banks amounts to 27.1%. In April, the share of non-performing loans in the banking sector of Ukraine increased to 27.1% compared to 26.6% in March, reported the National Bank of Ukraine. In March, the volume of non-performi... #nbu #NPL #NPLukraine
The EBRD has downgraded Ukraine’s economic downturn in 2022 and improved its outlook for 2023. The European Bank for Reconstruction and Development (EBRD) has downgraded the forecast for Ukraine’s economic decline due to the war to 30%, while at the end of March, the forecast was minus 20... #ebrd #UkraineEconomy #UkraineEconomyForcast
Small and medium-sized businesses in Ukraine have lost $85B. Small and medium-sized enterprises (SMEs) have suffered direct losses of $64-85B in the 75 days since the war began, stated the Advanter Group. SMEs have a total funding need of $54B, with 87% of com... #doingbusinessinukraine #SmallBusinessUkraine #SME #UkraineBusiness
Britain revokes Moscow Stock Exchange’s recognized status. UK has revoked the Moscow Stock Exchange’s (MOEX) status as a recognized stock exchange in response to restrictions that the Bank of Russia had placed on foreign investors following the impleme... #MOEX #MOEXrevockedStatus #MoscowExchange #MoscowStockExchange #UK
The National Bank of Ukraine has increased the buyout of military bonds in April. Since April, the National Bank of Ukraine (NBU) has repurchased UAH 50B worth of military bonds. Thus, as of April 28, the portfolio of military bonds owned by the NBU will amount to UAH 70B ($2.2B).... #Bonds #militarybonds #nbu #warbonds
More than 2,000 Ukrainians have acquired military bonds. As of March 21, more than 2,000 citizens and representatives of Ukrainian business became owners of military IGLBs worth almost UAH 4B and $742,000, reported the National Bank of Ukraine. Since the b... #militarybonds #ukrainebonds #Ukrainemilitarybonds #warbonds
The Ministry of Finance raised UAH 3.48B for the state budget at IGLB auctions. Investors were offered government bonds in hryvnia with a maturity of 3 months, 1 year, 1.5 years, 2 years, and 4 years, and bonds in euros were offered with a maturity of 3 months. The biggest demand... #BondMarketUkraine #Bonds #ukrainebonds
The Kovalska Group invests €70M in two building material plants . According to the Lviv Regional Administration, the company will build a new plant to produce the Siltek dry building mixture. The investment amount is €20M, and the production capacity is 150 tons p... #KovalskaGroup #KovalskaInvestments #Siltek
The new law should launch a legal market for virtual assets in Ukraine. Foreign and Ukrainian crypto companies can operate legally, and Ukrainians will have convenient and secure access to the global market for virtual assets. Market participants will receive legal protec... #UkraineCrypto #UkraineVirtualAssets #VirtualAssets #VirtualAssetsLaw
New Investments of $100M in the port of Chernomorsk. The Ministry of Infrastructure and the international grain trader Kernel have agreed to launch several projects to develop the infrastructure of the Black Sea port worth more than $100M, announced the... #Chernomorsk #ChernomorskPort #InvestmentsinChernomorskPort
Nova Poshta is investing UAH 1.2B in an innovative terminal in Odessa. The new terminal in Odessa will be the company’s second-largest sorting facility. It will have two buildings – post and freight, with a total area of 26,000 square meters, says the comp... #novaposhta #OdesaSortingTerminal #OdesaUkraine
The site for the construction of Mariupol Airport has been selected. It will be built in the Mariupol district, where there is still a runway for agricultural aircraft, said Deputy Mayor of Mariupol, Sergei Zakharov. The airport will be built around the village of Yury... #MariupolAirport #MariupolAirportConstruction #NewMariupolAirport
Ukraine’s Eurobond rates rose again to 10.1-15.9%. The fruitless meeting of the “Quartet of Normandy” national advisers and the US calls for its citizens to leave Ukraine disrupted the positive dynamics in the country’s Eurobond mar... #UkraineBondMarket #ukraineEurobonds
ICU is a leader in the private pension funds market. According to ukrinform, the assets of investment and pension funds managed by the ICU group exceeded UAH 2.5B ($90M). Pension funds managed by the ICU were among top-rated Ukrainian in terms of profi... #ICU #ICUukraine #PrivatePensionFund
The State Property Fund has sold the Stadnytsia distillery. The State Property Fund of Ukraine (SPFU) will sell the Stadnytsia distillery and storage facility, a subsidiary of the State Enterprise Ukrspirt, reported SPFU. The auction will take place on March 4... #DistilleryforSale #StatePropertyFund
The Ministry of Finance placed bonds for UAH 2.1B. At an auction on February 8, 2022, the Ministry of Finance offered investors securities denominated in hryvnia with a maturity of 3 months, 1 year, 1.5 years, 2 years, 3 years, and 5 years and in for... #BondMarketUkraine #Bonds #eurobonds
The Crypto industry in Ukraine grew by five times in 2021. According to Deputy Minister of Digital Transformation Alexander Bornyakov, the crypto industry in Ukraine increased by five times and became a powerful driver of Ukraine’s digital economy. Last... #CryptoIndustryUkraine #CryptoUkraine #DiiaSummitkyiv
Implementation of most new real estate projects will be put on hold. Construction of most recent projects in different real estate segments will be paused against the background of external threats, said co-founder of INSPI Development Volodymyr Sementsov. According t... #ConstructionUkraine #RealEstateDevelopment #RealEstateUkraine
Ukraine bought back 10% of 2022 Eurobonds and brought the redemption of GDP warrants to 20% . Ukraine’s Finance Ministry recently conducted a buyback of about 10% of Eurobonds maturing in September 2022, bringing their outstanding volume down to $912M, the ministry said in a statement ... #eurobonds #UkraneBonds
Ukraine may pay UAH 1.3-2.4B on GDP warrants in 2023. Experts believe that Ukraine may pay between UAH 1.3B to UAH 2.4B to holders of GDP-warrants in 2023, as economic growth in 2021 could reach 3.2-3.3% of the GDP, experts said, referring to the State ... #GDPwarrants #UKraineGDPwarrants
Supernova Airlines receives its first planes. Nova Poshta’s new Supernova AIrlines received its first two leased Boeing 757-200 airplanes and planned the first flight for September, said co-founder of the post office company, Volodymyr Popereshny... #novaposhta #NovaPoshtaAirlines #SupernovaAirlines
Kherson region plans to build three industrial parks. The first industrial park is the Red Lighthous agro-port, which will have a logistics complex with an elevator and river terminal. The second will be Skadovskiy, which will have three industrial site... #IndustrialParksUkraine #KhersonIndustrialParks #KhersonRegion
Ukrainian startup Audubon sells cancer cells and human plasma for $6.5M in 2021. Rostislav Semikov, from Zaporizhzhia, founded Audubon Bioscience, which collects human cancer tissues, cells and plasma for delivery to research institutes and companies. Semikov’s company is e... #AudubonBioscience #MedicalStartup #RostislavSemikov #StartUp
Agricultural land prices at auctions increased by 430%. As of February 2, the starting price at auctions for the sale or lease of agricultural land in the Prozorro.Sales system increased by 430%. The bidding platform announced 2,552 auctions of agricultura... #FarmLandforsales #FarmLandUkraine #LandAuctionUkraine #ProZorro #UkrainianFarmLand
Ukrainian-American startup Cargofy raises $2M to build an ecosystem for truckers. The startup Cargofy allows truckers to optimize their route and take on additional cargo along the way, avoiding unprofitable, underloaded trips. Cargofy is a personal assistant for truck owners that... #AppforTrucks #Cargofy #UStrucking #UStrucksApp
The State Property Fund has put five distilleries up for sale. The State Property Fund has announced five online privatization auctions of distilleries, to take place between February 25 and March 4. The total starting price for all auctions is over UAH140M. The ... #DistilliryforSale #privatization #StatePropertyFund #Ukrainedistilleries #Ukrspirt
The Odesa Champagne Factory was sold for UAH 195M. The 122-year-old Odessa Champagne Factory, located on French Boulevard, was sold at an online auction for UAH195M ($6.85M). According to State property fund officials, seven companies took part in the... #OdesaChampagneFactory #OdesaFactory #privatization
An “Investment nanny” will assist with a €30M Clear Energy Group project in Odessa. The Office for Attracting and Supporting Investments, (UkraineInvest), signed a memorandum of understanding with the Clear Energy Group LLC (Kyiv) to implement a waste management complex in the Odessa... #CleanEnergyGroup #OdesaWastePlant #WasteProcessingPlant
The Dnipropetrovsk region is among the leaders attracting foreign investments. According to the results for the first three quarters of 2021, the Dnipropetrovsk region attracted the most foreign investments among all regions of Ukraine. The region’s investment volume grew by 15... #Dnipropetrovsk #InvestinUkraine #INvestmentsinDnipropetrovsk #UkraineInvest
Ukrainian startup Promin Aerospace plans to launch its first suborbital flight. Today, the company will test a solid-fuel engine for ultralight rockets and continues to make preparations for the first suborbital flight by the end of the year. According to the Founder, Mykhailo R... #ProminAerospace #suborbitalflight #UkrainnianStartup
Ukrainian Railways (UZ) will spend UAH 300M for consultations on the modernization of passenger traffic. According to Prozorro, UZ Passenger announced a tender on March 14 to purchase consulting services to facilitate the modernization of the vertical of passenger traffic. The starting purchase price is ... #DBEnegeneering #UkrainianRailways #Ukrzaliznytsia #UZ
Ukraine and the World Bank have completed the Second Road Improvement Project for $450M. In the framework of the agreement with the International Bank for Reconstruction and Development (IBRD), Ukraine has implemented the “Second Road Improvement and Traffic Safety Project, as reported b... #M03highway #UkraineHighways #worldbank #WorldBankinUkraine
The Lviv region will receive a $5B industrial project. This was announced following a meeting of Lviv regional state administration representatives with a delegation of investors from Qatar, Saudi Arabia, and China reported the Lviv administration. The de... #InvestmentsinLvivregion #liquidfuelproduction #liquidfuelproductionLviv #LvivIndustrialPlant #NewIndustrialProject
Ukrainian aviation startup InputSoft valued at $3M. Ukrainian startup InputSoft went to the American accelerator Techstars and received a $120,000 investment. Now the startup valued at $3M, the founder and CEO Anastasia Smyk told AIN.UA. InputSoft is ... #Inputsoft #StartUp
Ukraine expects to receive UAH 8B from privatization. “We expect to attract up to UAH 8B ($280M) to the state budget this year,” said Prime Minister Shmygal said. According to him, in 2021, the state budget received UAH 5.4B ($193M) from smal... #Privatization2022 #PrivatizationUkraine
Turkish investors are interested in setting up a soda ash plant in the Donetsk region. This is because Ukraine may have the second most modern soda plant after Kazakhstan. According to the Turkish Business Association, one of the Turkish Investments companies is interested in the develo... #SodaAshDerivativesGroup #SodaAshPlant #SodaAshPlantDonetsk
Ukrainian Eurobonds are recovering from a sharp fall. On Wednesday, January 19, quotations of Ukrainian foreign government bonds resumed growth after several days of significant decline, reported epravda. Thus, quotes for all issues of Ukrainian Eurobond... #eurobonds #UkraineBondMarket #ukrainebonds
Unit Capital Management fund will issue shares for UAH 492.5 M. Venture capital investment fund ” UFuture Venture ” owned by Vasyl Khmelnytsky and the High-Tech Park investment fund owned by Igor Kryvetsky registered shares with the National Securities... #Khmelnitsky #Ufuture #UfutureUkraine
A Portuguese company plans to build a building materials plant in Vinnytsia. The Portuguese company TISIES (TCS) has confirmed its intention to set up a building materials plant in Vinnytsia, with a planned investment of €33M. The area of the plant’s production facilitie... #PortugueseTISIES #PortuguessePlantinVinnytsia #TISIES
The Kovel Educational Colony will be privatized on January 27. The Kovel Educational Colony was put up for auction, which will take place on January 27. The colony lot consists of 33 real estate objects exhibited for privatization, located on a land plot of 4.86 ... #BigPrivatization #KovelColony
New potential projects worth more than $2B will come to Ukraine. The UkraineInvest office, which provides support to large investors, has already received applications for potential projects totaling more than $2B. According to Prime Minister Denys Shmyhal, “Ukrain... #DenysShmyhal #InvestinUkraine #InvestmentsinUkraine #SergiyTsivkach #UkraineInvest
Epicentr K has attracted a $120M loan from the EIB. The European Investment Bank (EIB) will provide the Epicentr K group with a $120M loan to develop agricultural infrastructure in Ukraine, announced the EIB. The $120 million loan from the EIB will be ... #EIBandEpicentrK #EIBloan #EpicentrK #EpicentrKAgro
Ukraine to gain a new green hydrogen production project. According to the MCL Group, Ukraine is set to gain a new green hydrogen production project being developed that will enable the production of hydrogen directly on consumer sites. The logistical costs ... #GreenHydrogen #Hydrogen #hydrogenEnergy #HydrogenProject
The State Property Fund (SPFU) sells Borshchiv distillery. On January 27, the State Property Fund will put up the Borshchiv distillery (Ukrspirt) for auction with a starting price of UAH 28.1M ($1.01M). The asset includes 32 real estate objects and contains 7... #BorshivDistillery #SPFU #Ukrspirt
Near Protocol, a Startup Co-Founded by Ukrainian Ilya Polosukhin, raised $150M. Near Protocol is a blockchain for building decentralized applications (daaps). Compared to other blockchains, Near is easier to use, cheaper, and faster. Near is also open source – every user ca... #BlockchainStartups #IlyaPolosukhin #NearProtocol #UkraineStartups
The court seized 100% of the shares of the Bolshevik plant. An investigating judge has seized 100% of shares of the First Kyiv Machine-Building Plant (“Bolshevik”). The Bureau stated that investigators are currently establishing all the circumstanc... #Bolshevik #BolshevikAuction #BolshevikProperty
Lviv IT company enters the Latin American market. Ukraine’s largest IT company, SoftServe, is opening some development centers in Mexico, Colombia and Chile, reported Ukrinform. Today, the company has provided over half a hundred vacancies in t... #IT #ITukraine #LatinAmericaMarket #SoftServe
OneNotary raised $ 1.75 M for an online notary in the US. OneNotary, founded by a Ukrainian team, said on Thursday that it has raised the sum of $ 1.75 M in venture funding in order to develop an online notary infrastructure in the United States. The leading... #AdventuresLabVC #GoodPaperVenture #OneNotary #TMTInvestments
Kolomoisky and Verevsky are leaders in cryptocurrencies mining. The leaders in the importation of specialized equipment for crypto mining into Ukraine are enterprises associated with businessmen, Igor Kolomoisky and Andrey Verevsky, reports NV. Zaporizhzhia Ferroa... #CryptoMining #Kolomoysky
Three significant privatizations are expected in 2022. The President’s Office expects to see the privatization of three large enterprises: The United Mining and Chemical Company (OGHC); The Centrenergo, and The Odesa Port Plant, in 2022. The privati... #privatization #PrivatizationUkraine
