Business news from Ukraine

Business news from Ukraine

UKRAINE LAUNCHES SELECTION OF ADVISORS FOR CENTRENERGO PRIVATIZATION

The State Property Fund of Ukraine (SPF) has issued an order to create a tender commission to select advisers for privatization of PJSC Centrenergo, the SPF press service has said.
“The State Property Fund of Ukraine has begun the process of selecting advisers for Centrenergo privatization. In February, preparations will be launched for the privatization of a number of large privatization objects. In order to analyze in detail the state of affairs in the company for 2019, the State Property Fund also attracts an audit company with an impeccable reputation,” the press service said citing head of the fund Dmytro Sennychenko.
He said he expects to hold a tender to select an adviser in the first half of this year. According to him, the tender for the sale of the state-owned stake in Centrenergo, in turn, could be held at the end of this year-the beginning of next year. At the same time, the expert said that the situation in the energy market could also influence the timing of its holding.
The head of the fund added that RAB regulation remains an important factor in the issue of terms of privatization of regional energy companies.
The agency noted that recently the members of the Centrenergo supervisory board had ben reshuffled, as well as an order had been issued to hold a tender for the post of head of the generation company.
These measures will ensure the most transparent and competitive privatization, the fund notes.

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JANUARY 21

Official rates of banking metals from national bank as of January 21

One troy ounce=31.10 grams

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PRESIDENT OF UKRAINE TO VISIT ISRAEL

President of Ukraine Volodymyr Zelensky will make a working visit to Israel through January 23-24 to take part in the events as a part of the World Holocaust Forum, the President’s Office reported. “Through January 23-24, President of Ukraine Volodymyr Zelensky will make a working visit to Israel to take part in the commemoration events as a part of the World Holocaust Forum devoted to the 75th anniversary of liberation of Auschwitz concentration camp,” reads the report.
The program also foresee talks of Zelensky with the Israeli leadership and a meeting with the country’s business leaders.

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UKRAINE BUYS NUCLEAR FUEL WORTH $356 MLN IN RUSSIA AND SWEDEN.IN 2019

Ukraine in January-November 2019 bought nuclear fuel for a total amount of $356.088 million.
According to the State Statistics Service, over the 11 months, Ukrainian nuclear power plants (NPP) bought Russian-made fuel worth $200.108 million, fuel from Sweden for $155.98 million.
Thus, the share of nuclear fuel bought by Ukraine for the indicated period from TVEL (Russia) in monetary terms was 56.2%, while that from Westinghouse (Sweden) stood at 43.8%.

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 21/01/20

National bank of Ukraine’s official rates as of 21/01/20

Source: National Bank of Ukraine

UKRZALIZNYTSIA RAISES PASSENGER TRAFFIC BY 6.5% DURING 2019/2020 CHRISTMAS HOLIDAYS

JSC Ukrzaliznytsia (Kyiv) during the current winter holidays transported more than 3.3 million passengers in long-distance and high-speed trains, which is 6.5% more than last year (3.1 million).
According to the company’s press service, Ukrzaliznytsia put on 49 additional passenger trains for this period, which carried out 403 trips. These trains transported 474,000 passengers.
In addition, 2.2 million people were transported by year-round trains, 336,000 by high-speed trains, and 263,000 by regional trains.

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