Official rates of banking metals from national bank as of October 25
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 25/10/19
Source: National Bank of Ukraine
FC Dynamo Kyiv has tied the score (1:1) at home with the Danish Copenhagen in the third round of the group stage of the UEFA Europe League.
Already in the second minute the score in the match was opened by the Cypriot forward of the guests Pieros Sotiriou. In the 53rd minute, Dynamo managed to equalize the score thanks to a goal from central defender Artem Shabanov.
In another match of Group I, the Swedish Malmö defeated the Swiss Lugano in their field with a score of 2:1.
After three rounds, Copenhagen and Dynamo lead in the group with five points scored, Malmö scored four points, Lugano – 1 point.
PJSC ArcelorMittal Kryvyi Rih has opened the third metal products warehouse in Kyiv region, from which the company plans to ship 5,000-6,000 tonnes of products per month.
According to the press release of the steel plant, the company is expanding its distribution network in Ukraine and opening the eleventh metal products warehouse in the country and the third one in Kyiv region. Earlier this year the company acquired additional sales sites in Odesa and Dnipro.
The new distribution warehouse in Kyiv (at 9 Luhova Street) is conveniently located for deliveries to Obolonsky and Podilsky districts, as well as to the central part of the capital. The planned turnover will amount to 5,000-6,000 tonnes per month, if necessary, it can be promptly increased to 8,000 tonnes. The total capacity of the new site exceeds 10,000 tonnes of metal products. Its delivery to the warehouse can be carried out by rail as there are tracks, the warehouse is also equipped with two cranes with a lifting capacity of 10 and 20 tonnes.
According to Anastasia Tatarulyeva, the deputy director general for marketing and sales at the plant, Kyiv region accounts for 20% of the total consumption of the plant’s products in the domestic market.
“It leads in terms of the volume and pace of construction in the country. It has good prospects for the development of infrastructure and the industrial sector, not to mention housing construction. In the first six months alone, more than 684,000 square meters of housing were built and commissioned here. Construction remains the key customer for us, so the development of our sales network in the capital is a natural and logical step in distribution,” she said.
The Antimonopoly Committee of Ukraine has permitted Azerbaijan’s Bakcell telecom operator to acquire shares in Preludium B.V. (the Netherlands) through which MTS Group owns the second largest mobile communications operator in Ukraine – PrJSC VF Ukraine (Vodafone Ukraine).
“Today, the Antimonopoly Committee of Ukraine granted permission to Bakcell LLC for the indirect purchase of shares of Preludium B.V., which grants over 50% of the votes in the management body of the company. This will allow the company from Azerbaijan to get indirect control over the Ukrainian mobile communications operator, known under the Vodafone brand,” the committee said in the Facebook social network.
Bakcell, founded in 1994, is the mobile communications operator and a leading provider of mobile Internet in Azerbaijan. It operates in GSM, UMTS and LTE standards.
Bakcell network consists of more than 7,500 towers, covers 93% of the territory (excluding occupied territories) and 99% of the population of Azerbaijan. The company has more than 3 million subscribers.
According to the results of 2018, Vodafone Ukraine reduced its net profit by 18.1% compared to 2017, to UAH 1.8 billion. The company explained this figure as an increase in costs due to the active deployment of 4G and 3G networks.
Vodafone Ukraine is fully owned by Preludium B.V. It is part of the international MTS Group, which shares are listed on the New York Stock Exchange.
Ukraine is the 64th in the World Bank Doing Business 2020, climbing by seven points, Ukrainian Prime Minister Oleksiy Honcharuk has said.
“Ukraine climbed at once by seven points in Doing Business 2020 and took 64th place among 190 countries,” he wrote on his Facebook page on Thursday morning.
As the prime minister said, this is a positive signal for Ukrainian entrepreneurs and a green light for foreign investors.
“However, this is only the beginning, we continue working in this direction: the Bankruptcy Code was launched three days ago, a law on stimulating investment activity a few weeks ago, we are intensifying the deregulation processes,” he said.
According to a government portal citing data from the World Bank report, in 2019, Ukraine improved its performance in six out of 10 methodologies that World Bank specialists take into account when compiling the rating.
Ukraine has shown the greatest progress in Protecting Minority Investors (27 points more) and Dealing with Construction Permits (10 points more). In addition, Getting Electricity, International Trade, Registering Property and Getting Credit contributed to the country’s ranking.
“I am sure: at such a pace, through successful reforms, our state will become a magnet for investment in the near future,” Honcharuk said.
