Business news from Ukraine

Business news from Ukraine

UKRAINE PLACES $2 BLN EUROBONDS

The volume of placement of the five-year tranche of Ukraine’s eurobonds will be $750 million, that of the ten-year one some $1.25 billion, a source in the banking circles has told Interfax. Thus, the country is placing eurobonds worth $2 billion. The yield of the five-year tranche (it is “long,” maturing in February 2024) was 9% per annum, the ten-year tranche some 9.75%. The initial reference point was about 9.25% and about 10% respectively.
The volume of the order book amounted to $4.9 billion.
As reported, the organizers of the issue of Ukraine’s eurobonds are BNP Paribas, Citi, Goldman Sachs and J.P. Morgan. Ukraine plans to use funds from eurobond placement to repay 2019 eurobonds worth $725 million, as well as for general budget purposes.

KYIVSTAR LAUNCHES FAMILY TARIFF

The Kyivstar mobile communications operator has launched the family tariff for contract subscribers with a possibility of connecting up to four numbers to one account for UAH 75 a month. The press service of the company reported on Wednesday that under the terms of the tariff, in addition to unlimited calls in the Kyivstar network, subscribers will receive 50 minutes for calls to other networks in Ukraine, as well as to Italy, Poland and Russia, 5,000 MB of Internet and free use of the Kyivstar Go TV application.
The connection is available for Kyivstar subscribers who use the services of the operator for at least three months, if they visited the company’s branch with a passport.
Connection is possible only to an existing personal account, where a number/ numbers with Kyivstar 4G, Kyivstar 4G Extra, Kyivstar 4G Ultra, Kyivstar 4G Business, Kyivstar 4G Business VIP, Kyivstar 4G Extra + and Kyivstar 4G Business Premium are already registered, while one personal account can have no more than four numbers from Kyivstar Family registered.
At the same time, the company said in the press release that if at least one of the conditions for using the tariff is not met, the subscription fee at the Kyivstar Family tariff will be UAH 150 a month.

, ,

MCDONALD’S OPENS RESTAURANT IN TERNOPIL

Enterprise with foreign investments McDonald’s Ukraine Ltd. (Kyiv), which develops the American chain of McDonald’s fast food restaurants in Ukraine, has opened its first restaurant in Ternopil located at 30, Hetmana Mazepy Street. The press service said that the new restaurant with 112 seats indoors and 128 seats outdoors is located in a one-story building with an area of 520 square meters. Around 100 employees service some 2,000 clients every day. The restaurant has the McDrive service.
The McDonald’s restaurant in Ternopil has become the ninth restaurant of the new format in Ukraine.
The first McDonald’s outlet in Ukraine opened in Kyiv on May 24, 1997.
Enterprise with foreign investments McDonald’s Ukraine Ltd. develops the chain.

, ,

MAIN PIPE ENTERPRISES OF UKRAINE INCREASE METAL PIPE PRODUCTION BY 6.2%

The main pipe enterprises of Ukraine in January-September 2018 increased production of pipes from ferrous metals by 6.2% compared to the same period in 2017, to 831,200 tonnes, including 97,400 tonnes in September. The Ukrtruboprom association told Interfax-Ukraine the enterprises of the association for the three quarters of the year raised production of pipes by 17.8%, to 610,900 tonnes, in September to 64,900 tonnes.
Khartsyzsk Pipe Plant (Donetsk region), located in the government uncontrolled zone, remained idle in January-September 2018, while in January-September 2017 it made 3,400 tonnes of pipes.
Pipe production at Interpipe Nyzhniodniprovsky Pipe Rolling Plant in the period rose by 15.9% compared to January-September 2017, to 220,000 tonnes (22,400 tonnes in September), Interpipe Novomoskovsk Pipe Plant increased output by 18.8%, to 85,300 tonnes (11,900 tonnes), while Interpipe Niko Tube raised production by 26.5%, to 276,600 tonnes (28,300 tonnes).
Dnipropetrovsk Pipe decreased pipe production by 18%, to 12,300 tonnes, making 500 tonnes in September. Production at Centravis grew by 5.8%, being 14,500 tonnes of stainless pipes (1,600 tonnes).

, ,