KYIV. July 6 (Interfax-Ukraine) – Bank Trust-Capital (Kyiv) intends to increase charter capital by UAH 80 million, or 66.7%, to UAH 200 million, according to a press release from the financial institution.
According to the report, the issue of increasing charter capital through additional share issue will be considered at a general meeting of shareholders scheduled for August 8, 2016.
The decision was made in connection with the development and expansion of the bank’s activities.
The charter capital of the bank currently stands at UAH 120 million.
PJSC Trust-Capital was founded in 2004.
As reported, in September 2015 the sole shareholder of the bank was Iryna Kravchenko, increasing her stake to 99.9862% from 24.9942%.
SLV Enterprises Ukraine, which owned 49.995% in the financial institution, and Dapex Trading Ukraine, which held 24.997%, sold their shares.
Bank Trust-Capital ranked 87th among 109 Ukrainian banks on April 1, 2016 by total assets (UAH 344.979 million), according to the National Bank of Ukraine.
KYIV. July 6 (Interfax-Ukraine) – The National Bank of Ukraine (NBU) expects foreign exchange reserves to grow to $18.7 billion in 2016 and to $22.6 billion in 2017, according to materials distributed during the press conference of NBU Deputy Head Vladyslav Rashkovan.
As reported, Ukraine’s international reserves rose by 2.2% in May 2016, to $13.536 billion.
HLOBYNE (POLTAVA Region.). July 5 (Interfax-Ukraine) – Astarta is considering the possibility of building a bioethanol plant in Hlobyne (Poltava region), company COO Zeljko Erceg has told reporters.
“This is a serious project. It perfectly fits the existing technological chain,” he said.
According to Erceg, the project cost could reach $45-50 million, while design capacity will be 100,000 tonnes of processed molasses per year.
He said the construction of the plant could take about two years, the technological feasibility of the project was made by specialists of the International Finance Corporation.
Astarta is a vertically integrated agro-industrial holding, uniting six regional divisions in Poltava, Vinnytsia, Khmelnytsky, Ternopil, Zhytomyr, and Kharkiv regions. They include nine sugar factories, agricultural farms with a land bank of about 250,000 hectares and dairy farms. The holding also has a plant for processing soybeans in Poltava region (Globyno processing plant).
KYIV. July 5 (Interfax-Ukraine) – Epicenter K LLC has become the holder of 80% of shares in the charter capital of Vinnytsia Agrarian-Industrial Group, according to the public register.
As of July 2, 2016, Unar Holding Ltd. (Cyprus) and Nyva and K LLC (Vinnytsia region) held 10% each in the Vinnytsia company.
Ultimate beneficiaries of Vinnytsia Agrarian-Industrial Group are Halyna Hereha, Volodymyr Bartsos and Tetiana Surzhyk.
Ukraine’s Antimonopoly Committee of Ukraine reported on Saturday that it fined Epicenter K LLC UAH 170,000 for acquisition of over 50% in the charter capital of Vinnytsia Agrarian-Industrial Group without a permit.
The committee issued relevant permit to the company.
Vinnytsia Agrarian-Industrial Group cultivates around 50,000 ha of land in Vinnytsia and Khmelnytsky regions. It has four elevators with a total capacity of 250,000 tonnes.
KYIV. July 5 (Interfax-Ukraine) – Ukrainian President Petro Poroshenko has signed the law on the promotion of the market of used cars, which until January 1, 2019 significantly reduced excise duty on imports of such cars by individuals or legal entities under the condition of imports of one car per year, presidential spokesman Sviatoslav Tseholko has said.
“The president signed the law of Ukraine on used cars in the presence of deputies of different factions,” Tseholko wrote on his Twitter page.
According to him, it was also agreed the law will be amended on July 7 “to avoid abuse.”
As reported, the relevant bill was passed by the parliament of Ukraine on May 31, signed by Speaker Andriy Parubiy on June 16 this year and submitted to the president for signature.
On July 4 the Cabinet of Ministers of Ukraine proposed Poroshenko sign this law.
The document comes into force on the first day of the month following the month of its publication.
The law provides for reduction of excise tax only on passenger cars manufactured after January 1, 2010, as well as bans imports of cars from the country recognized as an aggressor/invader.
KYIV. July 5 (Interfax-Ukraine) – Ukrainian Ambassador to the United States Valeriy Chaly has said that Ukraine and the United States have plans to jointly launch a space missile.
“We plan to launch a joint space missile with the U.S. in coming months,” he said on Channel 5 TV.
He said that Ukraine is among top ten space states thanks to cooperation with the United States.
