As part of its plan to diversify its business, MHP has started to produce beef. The company purchased the beef producer, Lubnymyaso for $1.84 mln. Located in Lubny in the Poltava region, the company produces and sells beef under the Scott Meat brand. “The move into beef productio... #MHP #MHPagro #MHPukraine
Grammarly is now valued at $13 bln after a new round of investment. The Ukrainian startup Grammarly is developing an online platform to help communicate effectively in English has attracted a new round of investment of more than $200 mln. As of November 2021, Grammarl... #Grammarly #GrammarlyEvaluation
The Kovel Educational Colony will be auctioned on December 7 with a starting price of UAH 41 mln. The State Property Fund (SPFU) will privatize the Kovel educational colony, which is located in the Volyn region. The asset includes 26 real estate assets, buildings with a total of 19,476 square mete... #KovelEducationalColony #privatization #PrivatizationUkraine
The development of the processing industry in 10 years might double GDP to $300 bln. As of today, the structure of Ukrainian GDP, the processing industry accounts for only 10.1%, while in Poland this figure is 19%, and in Turkey 20%. On average, the added value of selling one ton of w... #FoodProcessingUkraine #ProcessingINdustruofUkraine #UkraineProcessingFood
British neobank Revolut has registered a subsidiary in Ukraine in September 2021. According to the state register of legal entities, the company is called LLC “Revolution Technologies Ukraine”, its beneficiary is Revolut Ltd. In May 2021, Revolut is now actively hiring ... #NeobankRevolut #Revolut #RevolutinUkraine
The State Property Fund (SPF) will put a diamond processing plant up for auction for the second time. The Vinnytsia Crystal Plant will be auctioned on December 17, announced the Prozorro.Sales website. The starting price is UAH 89.9 mln ($ 3.4 mln). #BigPrivatization #DimondPlantPrivatization #DimondPressingPlant #privatization
Nova Poshta to deliver parcels from Kyiv to Lviv by drone. The company delivered 10 parcels weighing 2 kg from Kyiv to Lviv by a drone that flew 500 km with a payload of up to 16 kg. In addition to that, it can climb to a height of 900 meters and spend up to ... #DeliverybyDrone #DroneTechnology #novaposhta #NovaPoshtaDelivery
Carpathian Mineral waters to invest €20 mln to increase production volumes. The company plans to increase production volumes threefold by investing €20 mln in the construction of a new plant in the Lviv region. According to Lviv the administration, the expansion will create 2... #CarpathianMineralwaters
The Ministry of Finance raised UAH 8.159 bln ($ 311 mln) in the placement of domestic government bonds. Investors were offered seven issues of securities in the national currency. The weighted average yield of 6-month IGLBs was 10.5%, 1-year – 11.55%, 1.5-year – 11.57%, 2-year – 12.47%... #BondMarketUkraine #DomesticGovernmentBonds #GovernmentBonds
This week is European SME Week. It is aimed to promote the development of small and medium businesses and encourage more people to launch their own companies across Europe, including Ukraine. It remains challenging for many entrepreneurs to access financing and advanced green technologies and meet ind... #EuropeanSMEweek #SmallBusinessUkraine #SMEweek
Vuzliv distillery will be privatized with a starting price of UAH 21 mln ($0.8 mln). The State Property Fund (SPFU) has announced an auction for the privatization of the Vuzlivsky complex which includes manufacturing facilities and alcohol storage, located in the Lviv region. The auct... #BigPrivatization #DistilleryPrivatization #Vuzlivdistillery
Ukraine- EU cooperation plan with € 2.3 bln investment package. At a meeting with EU Neighborhood and Enlargement Commissioner Oliver Vargei, Ukrainian Foreign Minister Dmytro Kuleba discussed the Eastern Partnership’s economic and investment plan. The plan ... #OliverVargei #UkraineEU #UkraineEUcooperation
The world leader in the production of irrigation systems plans to enter the Ukrainian market. The entry of the US company, Valmont Industries, was announced by the Minister of Agrarian Policy and Food, Roman Leshchenko. Valmont Industries has a 75-year history of full-cycle irrigation equipmen... #IrrigationSystemsUkraine #IrrigationTechnology #ValmontIndustries
UAH 1.9 bln to be invested in Ukraine’s oil and gas industry, announced the Prime Minister, Denys Shmygal, on Facebook. According to preliminary estimates, UAH 1.9 bln ($72.2 mln) will be invested in the oil and gas industry under two agreements that were signed... #energyukraine #INvestinginGasandOil #OilandGasUkraine
Monobank’s new card, the cryptocurrency card, is awaiting approval from the NBU. “The has been waiting for approval from the NBU for three months. The launch of shares in Monobank that was scheduled for 2022 has been postponed”, said the co-founder of Monobank, Oleg Gorokhovsky. H... #Crypto #cryptocurrencycard #Monobank #MonobankCryptoCard #OlegGorokhovsky
One of the largest shopping malls in Europe has opened in Kyiv. On November 12, the Respublika Park shopping mall opened with a total area of 300,000 square meters in Teremky. With a net usable space of 135,000 square meters, the mall is considered to be one of th... #RespublikaPark #ShoppingMallsUkraine
Architects in Odesa have presented a new concept for the bridge on the Dniester estuary. “The bridge will pass in the narrowest part of the estuary. The construction of one running kilometer of an overpass bridge averages from $20 to $30 mln, reported odessajournal. #Dniester #DniesterBridge #DniesterRiver #OdesaRegion
Ukrposhta is entering the retail banking market with the purchase of a bank valued at UAH 260 mln. Ukrposhta purchased Alpari Bank for UAH 260 mln ($9.9 mln). The Cabinet of Ministers and the Ministry of Infrastructure, the owner of Ukrposhta, gave a green light for the agreement. Now the National ... #PostOfficeBanking #Ukrposhta #UkrposhtaBanking
The Electronmash plant was sold at auction for UAH 970 mln, according to Prozorro.sales. The winner of the Auction paid UAH 970 mln ($37 mln) with a starting price of UAH 66.7 mln ($2.5 mln). According to the results of the third round, the participant who offered UAH 970 mln for the prop... #BigPrivatization #Electronmash #PrivatizationUkraine
The port of Kherson is preparing for a concession. The Ministry of Infrastructure plans to complete the process of transferring the property complex of the Kherson Sea trade port to the concessionaire by the end of this year. Now, for the concession t... #KhersonPortConsession #KhersonSeaPort #SeaPortConcession
Dragon Capital plans to complete the construction of a dry warehouse complex. The first stage of M10 Lviv Industrial Park in Lviv will be completed in the third quarter of 2022, reported the company’s press office The total area of the warehouse complex on a 2.7-hectare s... #DragonCapital #DragonWarehouseComplex #WarehouseLviv
The Ministry of Finance sold government bonds valued at ₴11.7 bln. The Ministry of Finance raised the equivalent of $446.6 mln for the budget when it auctioned domestic government bonds (IGLBs). Investors were offered seven issues of securities in national currency a... #GovernmentBonds #UkraineBond #UkraineBondMarket
Ukrainian-based startup Matter Labs raised $ 50 mln. Founded by Ukrainian Oleksiy Hlukhivsky, startup Matter Labs is developing an Ethereum blockchain scaling protocol that reduces traffic in the main chain of Ethereum blocks. This solution allows devel... #MatterLabs #StartupMatterLabs #UkraineStartups
UZ has commenced its most extensive infrastructure modernization program. “By 2028, Ukraine will implement a program to build tens of thousands of freight cars with a total cost of ₴100 bln ($3.8 bln)”, announced President Zelensky. “We are starting the construction and mod... #UkraineRailRoad #Ukrzaliznytsia #UZ #UZmodernization
The level of localization of production of freight cars purchased by UZ will exceed 95%. This will include a total of 45,000 new grain trucks and gondola cars are planned to be purchased with the assistance of the Ministry of Infrastructure, which will launch a state leasing program in 20... #UkraineRailRoad #Ukrzaliznytsia #UZ #UZRollingStock
Ukraine has attracted a record amount of international investment since the beginning of 2021, said the Prime Minister, Denys Shmygal, on Facebook. Ukraine has attracted $ 4.8 bln in foreign direct investment (FDI) in three quarters of 2021. In the first half of the... #DenysShmyhal #InvestinUkraine #UkraineAttractsInvestments
The Ukrainian government is looking for international investors for its military production firm, Motor Sich, said Foreign Minister, Dmytro Kuleba. Commenting on the possibility of Chinese investments in Motor Sich, Kuleba said that Ukraine would focus on Western partners in the field of military sensitive te... #motorsich #MotorSichEngines #MotorSichUkraine
Centrenergo is ready to invest ₴450 mln in four coal faces. Centrenergo is ready to finance the commissioning of four coal longwalls to the value of ₴450 mln ($17.1 mln), said First Deputy Chairman of the State Property Fund, Denis Kudin. “We are ready to lend... #Centrenergo #CoalProductionUkraine #UkraineCoalMining
The National Commission on Securities and Stock Market has admitted to circulation in Ukraine new securities of blue-chip companies including Nike, PepsiCo, Pfizer, and PayPal. The announcement was made by the National Commission on Securities and Stock Market of Ukraine. Ukrainian investors can take the opportunity to i... #SecuritiesforUkraine #StockMarketUkraine #USsecuritiesCirculationinUkraine
Ministry of Finance to invest ₴124.1 bln ($4.72 bln) in the development of road networks in 2022. The announcement was subject to receiving syndicated finance from the EBRD to: reconstruct the Kyiv Odesa highway (M-05); construction of the northern bypass of Lviv and Ternopil; reconstruction of a ... #BigConstruction #ebrd #EBRDinUkraine #RoadConstructionUkraine #RoadDevelopmentUkraine
EBRD to invest $75 million in a sustainability-linked Eurobond issued by Ukrenergo. In a bid to resolve the payments crisis gripping the country’s renewable energy sector, the proceeds will cover all payment arrears owed to renewable energy producers. The investment will help to rest... #BondMarketUkraine #ebrd #eurobonds #Ukrenergo #UkrEnergoBonds
Trostyanets distillery privatized for ₴44 mln ($1.67 mln) , announced the State Property Fund (SPFU). The auction had a starting price of ₴44,012,959. The asset included 49 hectares of land with 67 buildings, including industrial stock for production and war... #BigPrivatization #PrivatizationofDistillery #Trostyanetsdistillery
The National Investment Fund will place shares valued at ₴100 mln ($3.8 mln). The first issue of shares valued at ₴100 mln was registered on October 28, 2021, and the placement of shares is scheduled for the period November 5 to 12, 2021. #NationalInvestmentFund #UkraineInvestmentFund
Ukrainian IT company Depositphotos was sold for $85 mln. The US firm, VistaPrint, announced the purchase of the Ukrainian company that develops photo stock Depositphotos and the online editor Crello. VistaPrint purchased 100% of the company’s stock fo... #DepositPhotos #VistaPrint #VistaPrintPurchasedDepositPhotos
Borshchiv distillery to be privatized and sold for a starting price of ₴21 mln ($795,000) . The State Property Fund (SPFU) will put the Lipnytsia distillery in the Zhytomyr region up for an online auction to take place on November 19, 2021. The asset is being sold along with real estate in... #BigPrivatizationUkraine #DistilleryforSale #privatization
Ukrainian investors will be able to buy stocks in Google, Amazon, Intel, and other US blue-chip companies. The National Securities and Stock Market Commission has admitted to trading 15 more international companies, including Bank of America, Google, Amazon, and others. In total, Ukrainian investors can cu... #InvestinStocks #investments
The Bolshevik plant was sold at auction for ₴1.4 bln ($53 mln). The State Property Fund (SPFU) sold the Kyiv plant “Bolshevik” to the company “General Commerce” at an auction of “large-scale privatization” for ₴1.429 bln. The st... #BigPrivatization #BolshevikSold #StatePropertyFund
Other enterprises to be auctioned in the large-scale privatization in the remainder of 2021 include: the United Mining and Chemical Company (OGHC), the President Hotel in Kyiv, Electronmash, and the port of Ust-Dunaisk. The Head of the SPF, Dmitry Sennichenko, announced that on November 12 Electronma... #BigPrivatization #StatePropertyFund #ПриватизаціявУкраїні
The Ministry of Finance has sold government bonds valued at ₴17.2 bln ($653 mln). Investors were offered six bond issues in national currency and one issue in foreign currency reported the Ministry of Finance on the Facebook page. The terms of government bonds in hryvnia were: 3 mo...
The Investment Promotion and Support Office (UkraineInvest) received 27 applications for state support , reported Interfax. The requests came from potential investors and were approximately $2 bln under the adopted law on investments, said UkraineInvest Executive Director Serhiy Tsivkach. “As of ...
Oschadbank made the first step toward Privatization, said the European Bank for Reconstruction and Development (EBRD) in a recent press release. The EBRD and Oschadbank, Ukraine’s state savings bank, today agreed today to work together towards a pre-pri... #oschadbank #OschadbankPrivatization #OschadbankUkraine
Ukrposhta and eBay have launched a campaign in support of Ukrainian SMEs. Entrepreneurs registered on the platform by the end of the year will be offered special conditions such as 0% commission on sales for the first three months, 200 free advertisements, and special suppo... #Ebay #EbayandUkrposhta #Ukrposhta
Trostyanets distillery to be privatized. The state-owned enterprise in the Vinnytsia region has been put up for privatization with a starting price of ₴ 44 million UAH 44 mln ($1.67 mln). The distillery lists its assets as 67 plots of land a... #distilleryAuction #StatePropertyFund #Trostyanetsdistillery
Privatization of salt-mining enterprise in the Kherson region. During the online auction, the bidding’s value increased 7.3 times from the starting price of UAH 6.13 mln ($233,000). The auction had 9 registered participants and the as... #BigPrivatizationinUkraine #privatization #SaltMiningCOmpany
Ukrzaliznytsia tender for the purchase of 80 new trains. The national rail operator has extended the tender period by a month, until December 1st, for the submission of bids for the purchase of 80 new suburban and regional trains. It is noted that the compa... #NewTrainsTender #Ukrzaliznytsia #UZbuysTrains #UZtrains
The Ministry of Finance sold UAH 2.1 bln ($80 mln) on the domestic bond market , reported the Ministry of Finance. On October 19, the agency offered investors two issues of securities in national currency and one in foreign currency. The government bonds in hryvnia had maturity ... #HighYieldUkraineBonds #UkraineBondMarket #ukrainebonds #UkraineGovernmentBonds
NEQSOL Holding to become a shareholder in the leading Ukrainian cement producer, Ivano-Frankivskcement PJSC. The cross-border investor, NEQSOL Holding, has announced its interest in expanding its investment portfolio in Ukraine by entering the construction materials market. The company is in the final stage ... #NEQSOL #UkraineCement #UkraineCementProduction
Kyiv-Mohyla Academy (NaUKMA) plans to create a technopark with an investment of UAH 50 mln ($1.88 mln) . NaUKMA together with the Bureau of Investment Programs (BIP) plans to create a technopark with the participation of an investor. After the completion of construction, the area will be able to accomm... #KyivMohylaAcademy #TechnoPark #TechnoParkinKyiv
Lidl comes to Ukraine. The Schwarz Group is planning to enter the Ukrainian market and become a direct competitor to the local discounter ATB. ATB one of the largest private companies in Ukraine already has a branch network... #LidlcomestoUkraine #LidlinUkraine #LidlStores
Ukrainian startup Party.Space has attracted $ 1 million in investment, reported ain.ua. Party.Space is a virtual platform for corporate parties, themed holidays, seminars, and afterparty with the simulation of live presence in 3D and game activities. Party.space allows y... #ITstartups #ITukraine #PartySpace #PartyspaceStartup