Business

The Pivnichny (Northern) Economic Court of Appeal upheld an appeal of CJSC Philip Morris Ukraine and Philip Morris Sales and Distribution LLC in case No. 910/17723/19, canceled the decision of the Kyiv Economic Court dated August 5, 2020, and canceled…

Acting Energy Minister Yuriy Vitrenko is in favor of the earliest possible abandonment of the energy generation from coal, but considers this possible on condition of the development of energy storage systems. "I am serious about the withdrawal of coal,…

Vodafone Ukraine (PrJSC VF Ukraine) at the end of 2020 cut its net profit by 52.4% compared to 2019, to UAH 1.2 billion. Vodafone Ukraine CEO Olha Ustynova said that the drop in net profit was due to the exchange…

The Ukrainian government has allowed the Ministry of Justice to engage a legal advisor to defend the state in an Oleh Zhukovsky's $300 million lawsuit filed on January 4 this year against the National Bank of Ukraine with the United…

Energoatom expects to receive UAH 1 billion in net profit in January-March 2021, acting president of the company Petro Kotin has said. "In the first quarter of 202

An interdepartmental commission created by the government for auditing state coal mining enterprises will start hearing the business plans of their leaders for 10 years from today, after which it will make a decision on the expediency of joining them…

Fitch Ratings has revised Metinvest B.V.'s outlook to stable from negative, the Long-Term Issuer Default Ratings (IDRs) and senior unsecured rating for the bonds of the Ukrainian integrated steel company are affirmed at 'BB-', the recovery rating is 'RR4', the…

A jogger runs past an International Monetary Fund headquarters building in Washington, D.C. on April 5, 2021. Accelerated vaccinations and a flood of government spending, especially in the United States, have boosted the outlook for the global economy, but more…

A new terminal of Nova Poshta has started operating at full capacity in Cherkasy, the total investment in its construction amounted to UAH 33.2 million, the press service of the company said. According to a press release, the construction of…

A drone picture taken on April 5, 20