Ukrainian IT company the Archer Software has announced an agreement with the American company Cprime. This was reported on the company’s website. The amount of the deal is not disclosed, but the publication Ain says, “According to experts, 100% of the company could be valued at 5-8 million dollars.”
But the transaction amount may vary in both directions, based on the internal situation in the business under the influence of the COVID and the terms of the agreement agreed by the parties, – it is told in the message.
Cprime is the American company that has been part of the Alten Group since 2014, which is engaged in IT development, network technologies and IT consulting, and the total staff of its companies – 37,200 employees, with the turnover of 2.6 billion euros.
US International Business Machines Corp. (IBM) slightly increased its net profit in the third quarter of 2020, despite on the declining revenue in the context of the coronavirus pandemic, forcing businesses to delay implementation of projects to preserve capital. According to the press release of the company, Net income in July-September was $ 1.7 billion, […]
Chip maker, Advanced Micro Devices, is in talks to buy a rival chip maker – the American company Xilinx, reported The Wall Street Journal. The deal might be exceeding to $ 30 billion and could be announced for the next week. The merger will become one of the largest transactions in the industry this year, […]
Russia’s external government debt reached $61.97 billion as of February 1, 2026, the highest figure in the past 20 years, according to data from the Ministry of Finance of Russia, reported by The Moscow Times. As of January 1, 2006, Russia’s external public debt stood at $76.5 billion, but by 2007 it had fallen to […]
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The Central Bank of Russia, which has filed a lawsuit in a Moscow court against the Belgian depository Euroclear, is demanding 18.2 trillion rubles (approximately $229 billion), Russian media report. On December 12, the Russian central bank filed the claim over what it described as the “illegal actions of the Euroclear depository causing damage,” as […]
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According to informed sources, the Antimonopoly Committee has fined the Dnepropetrivsk pharmacy for consumer fraud. The fine for the violation of unfair anti-competition law amounted to 68 thousand UAH. The Dnipropetrivsk regional territorial office of the AMCU asked the “Pharmacy №338”, LLC (Dnepropetrivsk) to pay the fine as soon as possible. This was said on […]
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According to Ilia Sahaidak – a deputy chairman of the KSCA, a building company CRBC from China intends to implement the “turnkey construction project” of Velyka Kiltseva Doroha, the track Nyvky – Brovary, and in addition, road interchange near the metro station Shuliavska. Sahaidak noted that the Chinese company in this matter demonstrates great skill […]
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The Antimonopoly Committee of Ukraine (AMCU) has found that three companies — Lirans LLC, Trading House Morshynski Dzherela, and Shayanski Dzherela — violated legislation on protection against unfair competition. The companies have been fined, the agency reported. According to the AMCU, the companies distributed misleading information about their bottled water brands — Aqua Baby, Aqua […]
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“Svarog West Group” will direct $ 3.5 million for innovative projects in 2016. That was said by the chairman of the Corporation Andrey Gordiychuk in an interview to the AgroPolit.com. According to him, the investment “appetite” of the company significantly decreased in 2016. “But this does not apply to investments in research and development: ours are IT-solutions, […]
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Ukraine’s economic growth in 2026 is expected to remain at the same level as this year — 2%, with an acceleration to 5% now projected only in 2027, according to the latest World Bank report. “Economic growth in Ukraine is projected to slow. GDP growth is likely to decelerate to 2% in 2025 from 2.9% […]
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Shares of Nikola fell to 36.45% over the last week. Energy giant BP’s announcement on Wednesday that it is abandoning a potential partnership with Nikola, which exacerbated a number of problems faced by the startup in the recent days. Nikola planned to organize the production of its cars in partnership with other large manufacturers and […]
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Kyiv bank “Piraeus Bank ICB” asks the Commercial Court of Kirovograd region to recover from the “Creative”company, which entering into the “Creative Group”, $ 15,629,000 of the loan debt, – reports the “ProAgro”. This is stated in the bench ruling of the court from January 27, 2016. “Piraeus Bank ICB” filed a lawsuit to recover […]
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Antimonopoly regulator of EU approved the agreement of 16.2 billion euro merger with French group for the production of luxury goods LVMH (Louis Vuitton Moet Hennessy) and transnational jewelry company Tiffany. This was reported by Reuters. According to the information, the merger agreement was approved without additional conditions for the companies. Earlier, Tiffany reported that […]
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Ukraine will allocate 2.6 billion hryvnias for the purchase of a coronavirus vaccine. This was stated by Finance Minister Serhiy Marchenko at the press conference on Monday, September 14. “By 2023, we have a real opportunity to ensure health care spending at 5%. There is an increase in 2021 to 4.2% of GDP for health […]
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The disruption of global energy supplies caused by Iran’s blockade of the Strait of Hormuz surpasses any previous crisis in history, including the oil shocks of the 1970s. This was stated by the head of the International Energy Agency (IEA), Fatih Birol, Reuters reports. “Never before has the world faced an energy supply disruption of […]
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March, 14 Kyiv District Administrative Court declared illegal inactivity of the regulator in relation to the “Ukrgazprombank”, which was declared insolvent in 2015, and now goes into liquidation. The lawsuit was filed by one of the contributors of the Ukrgazprombank – “Trading House Sanko” LLC , writes the FinClub. In August 2014 the company has […]
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The total cost of Ukraine’s recovery as of December 31, 2025, is estimated at $588 billion over the next decade. This figure is nearly three times higher than Ukraine’s projected nominal GDP for 2025. The updated Rapid Damage and Needs Assessment (RDNA5) was published by the Government of Ukraine, the World Bank Group, the European […]
NextThe Higher Regional Court in Frankfurt am Main has initiated proceedings to confiscate €720 million from an account belonging to a Russian bank that has been under EU sanctions since 2022. The news was reported by Die Zeit, citing relevant court documents. The case was launched at the request of the German Federal Prosecutor’s Office. […]
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LLC Dan-Pharm Ukraine expects to put into operation pig factory farm on feeding of 25 thousand hogs in Korostensky district in the Zhytomyr region. On Tuesday, Vadim Shestakov,the First Deputy CEO of the company told journalists during the AgrarianOlympus of 2016 international congress : “We began to build it in 2014 and we have been […]
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