KYIV. Dec 19 (Interfax-Ukraine) – The European Bank for Reconstruction and Development (EBRD) has taken part in forming a new team of top managers of PrivatBank (Dnipro), Ukrainian President Petro Poroshenko has said.
“A new professional group of specialists has been hired to manage the bank. The European Bank for Reconstruction and Development took part in the process,” the president said on Monday in his video address commenting on the transfer of PrivatBank to state ownership.
Poroshenko said that the task of the National Bank of Ukraine (NBU) and Finance Ministry at present is provision for the gradual transfer of PrivatBank to state ownership.
KYIV. Dec 16 (Interfax-Ukraine) – Lucky Labs international IT company, headquartered in Ukraine, is mulling opportunities for strategic acquisitions in Europe and, in general, in the world, according to a press release from Lucky Labs.
According to the report, the company primarily focuses on acquisitions worth $20-30 million in Britain, Germany, or Latvia.
“From the beginning we focused on absorption of manufacturers of innovative applications around the world. Once we managed to collect a strong portfolio of gaming and marketing applications, we want to continue to grow in international markets and, first of all, in Britain, Germany and Latvia, where we see particularly ambitious startups with fantastic ideas,” reads a press release citing Lucky Labs co-founder Rustam Gilfanov.
“We will be glad to appeals from new startups that develop games. We are ready to assist them in realizing their ideas,” another co-founder of Lucky Labs Serhiy Tokarev said.
Lucky Labs is an international group of IT companies. It has been engaged in software development for more than 10 years. Its central office is located in Kyiv. It employs more than 500 people.
KYIV. Dec 16 (Interfax-Ukraine) – The volume of the P2P lending market since the launch of this service in Ukraine has reached UAH 5 billion, Head of the National Bank of Ukraine (NBU) Valeriya Gontareva has said.
“The P2P platform at present has increased by almost UAH 5 billion,” she said at the Vector 17 forum in Kyiv.
At the same time, the NBU head once again warned the P2P platform has no state guarantee of money refunds.
“People need to take a contract, read, who owes them money, and understand there is no bank in the agreement,” Gontareva said.
P2P (Peer-to-Peer) lending is a way of borrowing between persons not related to each other without the involvement of a financial intermediary (a bank, a credit union, etc.). Usually loans are provided through the online platforms of intermediaries that charge a fee for granting loans and credit verification instruments.
PrivatBank (Dnipro) launched the P2P lending service in March 2016.
KYIV. Dec 16 (Interfax-Ukraine) – The National Bank for the first time has allowed the positive foreign trade balance of Ukraine in the segment of natural gas imports and services for its transit.
“The next year, according to our estimates, could be the first year when revenues from gas transit could exceed expenditure for gas imports,” Deputy Head of the NBU Dmytro Solohub said at a press conference.
As reported, Ukraine in January-November 2016 increased transit of natural gas to Europe and Moldova by 22.3% compared to the same period in 2015, to 73.78 billion cubic meters, while reducing imports of natural gas by 41.2%, to 9.42 billion cubic meters.
According to a source in the Ministry of Energy and Coal Industry, Ukraine could in 2017 reduce gas imports from 12 billion cubic meters to 10 billion cubic meters.
KYIV. Dec 16 (Interfax-Ukraine) – Milk Alliance Group has reported that a first batch of butter with 82.5% fat content in the amount of 140 tonnes has been shipped to the Netherlands.
“Public joint-stock company Zolotonosha Butter Factory made the butter. Examinations confirmed high quality of our butter,” the company said on its Facebook page.
In January 2017 the company will supply 200,000 tonnes more of butter to the Netherlands.
In April 2016 Milk Alliance first among Ukrainian companies shipped hard cheese, milk and butter to Bulgaria after receiving a permit to ship dairy products to the EU.
KYIV. Dec 16 (Interfax-Ukraine) – Ukraine since the beginning of the 2016/2017 marketing year (MY, July-June) and as of December 15, 2016 had exported 20.06 million tonnes of grain.
According to the Ministry of Agricultural Policy and Food, the country exported about 10.62 million tonnes of wheat, 4.07 million tonnes of barley and about 5.26 million tonnes of corn.
In addition, 165,100 tonnes of flour had been exported on that date.
As reported with reference to the Ministry of Agricultural Policy and Food, Ukraine in the 2015/2016 marketing year exported 39.487 million tonnes of grain, which is 13.5% more than in the previous season.
According to the ministry’s forecasts, grain exports in the 2016/2017 MY could reach 40 million tonnes.
