LDaily prepared the short overview of latest news in the sphere of business and finance for last week for the readers. If you missed something, it would be a good opportunity to correct it.
Within the last press conferences representatives of the National Bank of Ukraine which led by V. Hontareva have reported that since November 1 , 2016, the new system of confirmation of currency transactions would be started in the country. Tomorrow trade information programs of Bloomberg will be available for Ukrainian banks , which allowing to track financial transactions in real time, and Reuters, allowing to create financial models taking into account the current changes in the financial market.
The European Commission declared about the intention to interfere with the process of the conclusion of the transaction between the Syngenta AG Swiss agro company and the China National Chemical Chinese corporation. The contract was going to be signed by the end of the current year but considering the concern of one of key monitoring authorities of the EU, it is quite possible. The cooperation should be postponed. Following words of members of European Commission, interaction of two of the largest companies in the market of chemicals for the agro-industrial complex which positioned themselves as competitor companies in the past can significantly affect competitiveness within this industry of production
The legislature No. 4496 “About modification and additions in some legal acts”(On elimination of administrative barriers for export of services) has been accepted today by the Verkhovna Rada of Ukraine, having collected 270 votes of People’s Deputies in the support. The following step is signing of the Law by the President of Ukraine on what the head of state, according to the current legislation, has 15 days from the moment of its obtaining. The essence of the regulatory legal act which was initiated by the group of deputies from “Self-help” and the PPP(Petro Poroshenko Party) consist in the modification of the procedure of documentary registration of a cooperation between the companies. Directly, it concerns the Ukrainian entities which provide services for export.
The day before the editorial office of our magazine informed the readers that Belgium had refused to ratify the trade and economic contract between Canada and the EU. The big-time politics, once again, appeared above private interests of citizens. On October 31 there was an information that the central government of Belgium had been given under the pressure of the majority: the agreement from Belgium was signed by the Minister of Foreign Affairs of the country Didier Reynders.
The information on an asset sale of 34 insolvent banks was posted on the official site of the Deposit insurance fund. The auction will be extended within a week within which will offer assets of the liquidated financial organizations for sale with a total cost in 1,4 billion hryvnias. At the moment the property has been sold already at auction by 28 Ukrainian banks in the amount of 118,16 million hryvnias.
Apple Inc, according to a lawsuit filed by Epic Games Inc., must allow mobile app developers to redirect users to alternative resources to pay for services in the App Store. The Wall Street Journal reported this. A 30% commission is now charged on each purchase. Judge Yvonne Gonzalez Rogers concluded that Apple’s practice was uncompetitive […]
The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]
September 13, 2021 — Stockholm, Sweden — Beetroot AB, the tech division of the Beetroot ecosystem, opens a new location in Mariupol, Ukraine. The company is currently accepting applications for over fifty software development vacancies in its international client projects. In Mariupol, Beetroot will focus on building teams of tech specialists to work on a […]
The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff. “We do not agree with some legal nuances and consider the amount of the […]
As of September 1, 11,499 agreements have been concluded within the land market. Poltava (2,873.6 ha) and Kharkiv (2,747.4 ha) regions are in the lead. This was reported by the press service of the Ministry of Agrarian Policy. It is noted that 4836 notaries have applied for access to the State Land Cadastre. A total […]
In the first half of 2021, Metinvest earned $ 2.769 billion compared to a loss of $ 240 million a year earlier, according to the company’s press service. According to the financial report, as of June 30, the Group’s net debt decreased by 52% since the beginning of the year – to $ 1.016 billion, […]
The State Property Fund of Ukraine has put the Vinnytsia diamond processing plant Crystal up for privatization auction for almost 90 million hryvnias. This is stated in the message of the Foundation. It is noted that the plant not only cuts and grinds precious stones, but also makes jewelry. They produce more than five thousand […]
In the first half of the year, the National Bank suffered UAH 12 billion in losses, according to the central bank’s press service. In this regard, next year, according to the forecast, the NBU will transfer to the budget UAH 13.6 billion, which is 1.8 times less than this year (UAH 24.4 billion). It is […]
Following the results of October 2016 Ukraine has remained beyond limits top-10 of the largest global manufacturers of steel. According to world steel association, the Ukrainian metallurgists made 1,93 million tonnes that are 6,1% less, than the previous year. However, it is slightly better than the result of September 2016.Italy again forced Ukraine from top-10 […]Next
The American corporation Apple is threatened with a drop in profits from smartphone sales by 25-30% if the company removes the WeChat application from the App Store worldwide. This statement was made by a well-known expert on the gadget market Ming-Chi Kuo. According to his forecasts, the WeChat application is used by users in China […]Next
Belarusian airline Belavia has extended its decision to refuse flights to Ukraine until the end of September, the company’s press service reports. “The Ukrainian side informed about the extension of the ban on Belavia flights until September 30, 2021. This is their official position. In this regard, the suspension of all flights to Ukraine has […]Next
Tesla Inc. of Elon Musk will export Model 3 electric cars made in China to Europe. This was reported by the Interfax-Ukraine news agency with reference to the company’s statement. The first batch of 7,000 cars will be shipped from the port of Shanghai on October 27. They are expected to reach the Belgian port […]Next
Shares of the American company Facebook rose 4.18% to $ 355.64 at the end of trading on Monday, June 28, and amounted to 1.008 trillion dollars in total value of the company. The sharp jump in quotations is due to a court decision that rejected the antitrust lawsuit of the US Federal Trade Commission. This […]Next
President of Ukraine Petro Poroshenko said that by the end of January, the state expects financial aid of $ 100 million from the Swiss Confederation, which approved the allocation of this amount of money. Money must be received at the National Bank account. This information was published by Ukrainian portal InVenture. Swiss President Doris Leuthard […]Next
In the first half of the year, the National Bank suffered UAH 12 billion in losses, according to the central bank’s press service. In this regard, next year, according to the forecast, the NBU will transfer to the budget UAH 13.6 billion, which is 1.8 times less than this year (UAH 24.4 billion). It is […]Next
The Polish company Green Factory is interested in renting 500 hectares for growing vegetables in the Zakarpatsky region. The company plans to create its own raw material base in Ukraine. This is said in the statement of the Zakarpatsky regional administration. “The Representatives of the Polish company Green Factory Holding, Rytel Arthur and Martin Kusmerovsky […]Next
International company Luxoft (the headquarters – Zug), which develops software and is engaged in the export of IT – services, announced its intentions to buy leading IT – company from Ukraine – IntroPro LLC. It is reported by Ukrainian source Inventure. With regard to the financial terms of the deal – its nuances were not […]Next
The United Nations has raised its GDP growth forecast to 5.4% (from 4.7% in January) in 2021. This is stated in the report of the organization. According to the UN, after a sharp decline of 3.6% in 2020, the world economy is expected to grow by 5.4% this year. It is noted that global growth […]Next
Purchase and sale of an asset or share of the equity are generally associated with the participation of the foreign investor.Whether is it? Practically all agricultural companies in the market of Ukraine are financed from the external market. The name of each company speaks for itself: foreign abbreviations at the end. All this information you […]Next
On April, 16-18 in Kyiv will be held the main business event of region in solar energy field devoted to latest technology, trends and investments opportunities – CISOLAR 2019, 8th International Solar Energy Conference and Trade Show of Central and Eastern Europe. Today solar energy development is one of priority areas for investors in the […]Next
In March this year, the United States imported oil and petroleum products from Iran totaling 1.03 million barrels. This is evidenced by data from the US Department of Energy’s Energy Information Administration (EIA). This delivery was the second since 1991, when the United States stopped importing Iranian oil. According to the EIA, another supply of […]Next
The “Billa-Ukraine” Company was restrainted the exploitation of the ground floor of an apartment house №27 on the Chornovil street in Kyiv, where on April 27, 2016 the opening of the supermarket was planned. This decision was concluded by the Shevchenko district court on April 21. As reported the initiative group of the residents, the […]Next
Etalon Corporation will restore the job of Chernihiv mechanical engineering complex in 2017. This writes the Interfax Ukraine referring to the statement by President of the Company Volodymyr Butko. According to the original source, the resumption of production is scheduled for January next year. Also it is planned to manufacture machinery for about 25 units […]Next
Facebook announced that it is shutting down two of its little-known apps shortly after they launched them. According to CNBC, Lasso, TikTok’s competitor, and Hobby, the competitor of Pinterest, will be shut down on July 10. Facebook released Lasso for iOS and Android in 2018. It was created to share 15-second videos with effects. The […]Next