Business news from Ukraine

Business news from Ukraine

BALTIC BEVERAGES INVEST WILL BUY 12.6 MLN SHARES OF CARLSBERG UKRAINE

Baltic Beverages Invest AB (BBI, Sweden) will buy 12.583 million shares of PrJSC Carlsberg Ukraine (Zaporizhia), one of the largest brewing companies of Ukraine, within the framework of squeeze-out for UAH 14.7 per share.
According to the report in the information disclosure system of the National Securities and Stock Market Commission, this price is defined as the market value of shares as of March 25, 2019. Thus, the total amount of the repurchase of 12.6 million shares of Carlsberg (1.2% of the total number of shares) will be about UAH 185 million.
As reported, Baltic Beverages Invest AB at the end of March 2019 announced its intention to exercise the right to compulsory redemption of shares from the minority shareholders of PrJSC Carlsberg Ukraine.
Carlsberg Ukraine in 2018 increased its net profit by 1.5 times compared with 2017, to UAH 1.634 billion.
Carlsberg Ukraine is part of Carlsberg Group, one of the leading brewing groups in the world, whose products are sold in more than 150 countries.
Carlsberg Group in Ukraine includes three breweries in Zaporizhia, Kyiv, and Lviv.

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UKRAINE’S SEAPORTS INCREASE CARGO HANDLING

The seaports of Ukraine in January-April 2019 handled 48.8 million tonnes of cargo, which is 5 million tonnes, or 12% more compared to the same period of 2018.
According to the Ukrainian Sea Ports Authority, most of all, the positive dynamics of increase in transshipment was influenced by exports, which during the reporting period grew by 20% compared to the same period last year, whereas imports and transit decreased by 5% and 18.5% respectively.
Grain handling grew by almost one-third or 4.4 million tonnes compared to January-April 2018, to 18 million tonnes. Transshipment of ore rose by more than a quarter, to more than 10.5 million tonnes.
The growth trend in container handling is also kept: in the first four months of 2019, compared to the same period of 2018, Ukrainian seaports transshipped 47,800 TEU more (18.6% up).

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A-BANK SEES NET PROFIT RISE BY 45.4%

The net profit of JSC Aktsent-Bank (A-Bank, Dnipro) in January-March 2019 amounted to UAH 93.885 million, which is 45.4% more than in the same period of 2018, according to a quarterly report of the bank.
According to the report posted on the website of the financial institution, net interest income in the first quarter of this year decreased by 42.1% compared with the corresponding period of 2018, to UAH 294.278 million.
The bank’s assets grew by 8.1%, to UAH 5.24 billion, in particular loans to customers by 9.4%, to UAH 3.802 billion.
Since the beginning of the current year, liabilities of the bank have increased by 7.4%, to UAH 4.234 billion, net worth by 11%, to UAH 1.007 billion.
Charter capital in the first quarter remained at the level of UAH 323.191 million.
Accent Bank was founded in 1992.

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