The group of the companies Energy Resources of Ukraine together with its Polish partner the state oil and gas company PGNiG won the tender for gas supply for the GTS Operator of Ukraine.
This is stated in the message of the company “ERU Trading”.
“ERU Trading was able to offer the most competitive prices thanks to the support of PGNIG, and we have increased the political risk insurance from the American corporation DFC to 100 million US dollars, which allows our company to finance the supply of significant amounts and take the appropriate credit risks, ” – said the managing partner of ERU Group Yaroslav Mudryy.
Under the terms of the contract, gas will be supplied from October 1, 2020 to May 1, 2021. It will be the first supply of the natural gas from PGNiG for the technical needs of the GTS Operator of Ukraine.
According to Jerzy Kwiecinski, Chairman of the Board of PGNiG, Polish company has been consistently developing its activities in Ukraine, as evidence by the increasing of the gas supplies by the Polish company to the Ukrainian market.
“This is evidenced the rapid growth of our exports to this market, where we have already supplied more than 3 billion cubic meters of the natural gas. These indicators are largely the result of a very good cooperation with our business partner – ERU Group, bringing visible benefits to both companies, “- he stressed.
Representatives of the Russian corporation Hotel Development reported the signing of an agreement for the sale of the hotel Radisson Blu Hotel Kiev Podol, previously owned by foreign shareholders. Estimated value of the transaction is approximately $ 10 million. With regard to information about the new owner of the four-star hotel in the prestigious district […]Next
Ukraine and Serbia have approved a veterinary certificate form for export of fowl. The companies which can export to the EU only could perform the deliveries. Public service of Ukraine on safety issues of foodstuff and consumer protections (PSUSIFCP) and veterinary service of Serbia have approved a form of the veterinary certificate for export of […]Next
The company plans to raise $ 2.1 billion of investments in a new round of funding. All the necessary documents have been drawn up and passed in Delaware. The world’s largest taxi service Uber, which head office is based in San Francisco, plans to spend the funds on its expansion, service development in Asia and […]Next
Wary of exceptional access of representatives of China to the latest European technologies, growing business activity and superiority in the competitive strengths of the Celestial Empire, EU representatives propose to establish total regulation, namely The European Commission believes that it should act as a regulator now and tightly control all transactions of the M & […]Next
00The cost of bringing a claim against a bank in the London courts has skyrocketed with claimants exposed to costs of up to £10m, say senior litigators. The debate over costs follows a string of high-profile civil litigation and investor claims against banks filed at the High Court in recent months. Banks including Barclays, Lloyds […]Next
The Bloomberg News agency estimated the yield a wide range of assets in 2015, ranging from currencies and stock indexes, to commodities and junk bonds. It is in the segment of junk bonds (junk, high-yield bonds) determined the most profitable asset last year – Eurobonds of Ukrzaliznytsia with maturing in May 2018. Investments in this […]Next
Ukraine’s real estate market throughout 2017 experienced the impact of both economic and political crisis phenomena, under pressure from the economic downturn and lower purchasing power of the population. Despite all the negative trends, construction statistics in the period 2017 recorded positive results, which are confirmed by such an authoritative world ranking of Doing Business […]Next
According to Business Insider, SpaceX founder and Tesla CEO Elon Musk is selling four homes in Los Angeles for $62.5 million. It is already known that these houses will be sold to the LLC developer owned by businessman Ardi Tavangarian. “Arya Chalon LLC will combine the real estate portfolio into a new single project to […]Next
The Polish oil and gas company PGNiG has appointed Pavlo Majewski chairman of the board. The previous chairman, Jerzy Kwieciński, worked for less than a year. “The company’s supervisory board has decided to appoint Pavlo Majewski as the chairman of the board of PGNiG from November 12, 2020 for a term until January 10, 2023”. […]Next
The net loss of the American oil service company Halliburton Inc., attributable to the main company, in January-September amounted to 2.71 billion dollars against the profit of 522 million a year earlier, according to the company reports. Halliburton’s diluted loss per share in the reporting period was $ 3.08 against earnings of $ 0.6 a […]Next
Every day there is a new information about the latest merger / acquisition among large enterprises. As a result of these major agreements, the price of which often amounts to billions of dollars, new company giants appeared in the world market. Moreover, agreements on mergers / acquisitions are active in all areas of business – […]Next
Historic Howard Theatre, which is located in northwest Washington (DC), owed the government more than $ 260,000 over unpaid taxes. Several years ago, the theater had a reconstruction, which cost the sum of $ 29 million. After the reconstruction of the theater, it was opened to the public in 2012. Officials say that the theater […]Next
Shares of cruise company Royal Caribbean, which decreased by 57% since the beginning of the year, rose for the last quarter and closed with an increase of 10% to $ 57.31 per share on Monday after the publication of the financial results of the second quarter. Investor`s optimism is based on Royal Caribbean management’s statements […]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
Last week, Berkshire Hathaway has submitted a report form 13F to the Securities and Exchange Commission (SEC) for the second quarter of 2020, by providing an updated information about its portfolio of shares for publicly traded companies. The portfolio of one of the most famous in the world of investment companies headed by Chairman and […]Next
“MTS Ukraine” (Vodafone Ukraine), telecommunication company reached an agreement with “Ukrtelecom” about buying mobile operator “TriMob”. As noted, the the transaction amounted to about $ 120 million (3 billion UAH). According to one source , negotiations about the deal began since the spring of last year, when the “MTS Ukraine” has sold its fixed network […]Next