Business

A man passes the entrance of the National Bank of Ukraine in Kyiv on Dec. 2, 2020. Odesa-based Misto Bank has been declared bankrupt.  The National Bank of Ukraine announced on Dec. 14 that Misto Bank’s capital ratio has fallen…

Dr. Stefanie Lindquist, senior vice president of Global Academic Initiatives at the Arizona State University (top L), Amb. Kurt Volker, former U.S. Special Representative for Ukraine Negotiations (top C), Morgan Williams, President & CEO, U.S.-Ukraine Business Council (top R), Karlo Goginava, managing…

After two hours of discussions, the Parliamentary Committee on Budget approved the final text of the bill on the 2021 national budget, MP from the European Solidarity faction Oleksiy Honcharenko has said. "The committee on budget supported the draft budget…

The Arbitration Panel found Ukraine wood export ban illegal, the EU Delegation to Ukraine said on its website on Monday. "The final ruling of a dispute settlement panel set up under the EU-Ukraine Association Agreement found that the Ukrainian ban…

The National Bank of Ukraine (NBU) recognized Misto Bank (Odesa) owned by Ivan Fursin (97.180668% of shares) as insolvent, which as of October 1, 2020, in terms of total assets, ranked 53rd (UAH 1.498 billion) among 74 banks operating in…

The state concern Ukroboronprom will corporatize its enterprises until the creation of a new holding company and subsidiaries on its basis during transformation, Director General of Ukroboronprom Yuriy Husev said at a press conference at Interfax-Ukraine. "Under the leadership of…

PJSC Centerenergo has applied to the Ministry of Infrastructure and the State Automobile Roads Agency with a request to consider the possibility of attracting resources from ash dumps of the company's thermal power plants (TTP) in the Big Construction program.…

Moody's Investors Service has withdrawn the government of Ukraine's Ca senior unsecured rating on the $3 billion eurobond that Ukraine sold in December 2013, the rating agency said on its website. "Moody's has decided to withdraw the rating for its…

The Ministry of Energy of Ukraine wants to take a charge over the operator of the power transmission system PJSC NPC Ukrenergo and the operator of the gas transmission system (GTS) of Ukraine GTSOU LLC instead of producers and suppliers…

By the end of 2020, Ukraine plans to attract a $170 million loan from the World Bank out of the $300 million provided, the Finance Ministry said on Monday. "Today, on December 14, Ukraine and the International Bank for Reconstruction…