KYIV. Nov 24 (Interfax-Ukraine) – Mobify IT company (Canada), which specializes in the development of mobile apps, has acquired the Ukrainian startup Jeapie.
A report by AIN edition on the acquisition was confirmed by GrowthUP Group, one of the investors in the startup.
According to fund managing partner Denys Dovhopoly, the transaction has been fully completed and amounts to a “seven-digit figure”.
“Yes, the transaction has been fully completed. The transaction is estimated at a seven-digit figure, other details of the deal are secret,” he said.
For GrowthUP+, this is the first deal to get out of the company’s portfolio company.
“We now have around 30 companies in the portfolio and at least once a month they get takeover offers,” the expert said.
The Ukrainian startup has posted information confirming the deal and about its future plans on its blog.
Jeapie, which delivers mobile push notifications, was founded in 2013.
Mobify was founded in 2007. Its headquarters are in Vancouver (Canada).
KYIV. Nov 24 (Interfax-Ukraine) – Lviv railways is repairing the Yamnytsia-Yezupil section on the railway bridge across the Dnipro River consisting of five bridge spans 307 meters long.
The press service of Lviv railways reported that wooden sleepers are being replaced by concrete sleepers and continuous rail will be laid.
The works will be finished by late November and in summer 2016 the metal structures will be painted.
Lviv railways has finished overhauling six bridges and work on 11 bridges is underway.
Lviv Railways operates in the south-western part of Ukraine in six regions: Lviv, Ivano-Frankivsk, Zakarpattia, Chernivtsi, Vinnytsia, and Volyn.
KYIV. Nov 23 (Interfax-Ukraine) – Kyiv City State Administration has presented the “Open Budget” project at the Smart City international congress in Barcelona, the press service of the administration has reported.
“Now the team of the Kyiv Smart City project is at the Smart City congress in Barcelona. This is a congress where companies present their solutions in terms of various technologies in making cities “smart” and comfortable to live in. The presentations of the most progressive cities in the world, such as New York, Barcelona, Istanbul, Tel Aviv, Tallinn and many others are held here,” first deputy head of Kyiv City State Administration Ihor Nikonov said.
According to him, the report on the “Open Budget” project has been successfully implemented by the city authorities headed by Mayor Vitali Klitschko, caused considerable interest.
“A lot of questions were asked, they offered to share our experience. This is just the beginning of the way, however, our Western colleagues highly appreciated the changes that have been implemented,” Nikonov said.
He also said that the Kyiv Smart City team held a number of important meetings during the conference. In particular, meetings were held with the administration of Barcelona, as well as leading companies such as IBM, Microsoft, SAP, Cisco, at which the parties discussed the possibility of introducing advanced technologies in Kyiv.
KYIV. Nov 23 (Interfax-Ukraine) – Public joint-stock company AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian producer of heavy trucks, plans to invest at least $10 million in expanding the number of its truck models and improving their quality in 2016, using its own working capital.
“This year we’ve invested at least $10 million in this direction, and next year we plan at least for the same investment,” AvtoKrAZ Director General Roman Cherniak said in an interview with Interfax-Ukraine.
He said that next year the company will present several new models, including military and civil vehicles.
“[We will present] a 4×4 wheat low-tonnage truck with a carrying capacity from three to five tonnes: the design documents are being drawn up, and spare parts and elements are being selected,” he said.
He said that by the end of this year AvtoKrAZ plans to present an 8×4 wheel cab-over-engine dump truck which can be used for construction and transportation of crushed stone.
A 4×2 wheel dump truck will also be presented.
Cherniak said that the desire of the company to invest in the permanent improvement of its trucks is linked to plans to expand its presences in foreign markets.
“We’re trying to enter the European markets, as these are science-based markets, compared to our market, and they carry out researches and we want to be part of this,” he said.
AvtoKrAZ makes 33 basic vehicle models, and more than 260 modifications and trim levels for civilian and military vehicles.
KYIV. Nov 23 (Interfax-Ukraine) – Ukrainian metallurgical enterprises in October 2015 saw steel production rise by 6.4% compared with October 2014, to 2.055 million tonnes, and the country climbed from 11th to 10th in the ranking of the 66 countries that are the world’s major manufacturers of steel, compiled by the World Steel Association (Worldsteel).
Steel production in October fell in the most of the top ten states, except for India, Germany, Turkey and Ukraine.
The top ten steel producing countries in October were China (66.124 million tonnes, a fall of 3.1%), Japan (9.003 million tonnes, a drop of 3.8%), India (7.5 million tonnes, a rise of 4.9%), the United States (6.739 million tonnes, a drop of 8.8%), South Korea (5.83 million tonnes, a fall of 5.6%), Russia (5.678 million tonnes, a decline of 2.4%), Germany (3.638 rise of 2%), and Ukraine (2.055 million tonnes, a rise of 6.4%).
In October 2015, the 66 countries produced 133.64 million tonnes of steel, which is 3.1% less than in October 2014.
In January- October 2015, the top ten steel producing countries were China (675.104 million tonnes, a fall of 2.2%), Japan (87.815 million tonnes, a drop of 5.1%), India (75.075 million tonnes, growth of 3.3%), the United States (67.243 million tonnes, a drop of 8.8%), Russia (59.307 million tonnes, a decline of 0.2%), South Korea (57.672 million tonnes, a drop of 3.6%), Germany (36.208 million tonnes, a rise of 0.3%), Brazil (28.236 million tonnes, a decline of 1.3%), Turkey (26.554 million tonnes, a drop of 6.9%), and Ukraine (19.148 million tonnes, a drop of 18.3%).
In general, during the first ten months of 2015, the 66 countries manufactured 1.346 billion tonnes of steel, which is 2.5% less than in the same period in 2014.
KYIV. Nov 23 (Interfax-Ukraine) – The National Bank of Ukraine (NBU) plans to allow individual users of international online payment systems to receive electronic money issued outside Ukraine from nonresidents, the regulator said on its website.
The draft NBU resolution on amending the resolution on electronic money was posted on the regulator’s website last week.
According to the document, individuals have the right to receive electronic money from nonresidents issued by nonresidents if the international online payment system provides for redeeming electronic money via sending funds to the accounts of individuals in resident banks.
The document will apply to individuals who plan to receive electronic money issued by nonresidents, using international online payment systems included in the register of payment systems.
