• Home
  • /Archive by category ' Investment '

Archive For: Investment

YES 2018: Ukraine, once again, warns EU of Nord Stream 2 threat to security

YES 2018: Ukraine, once again, warns EU of Nord Stream 2 threat to security

By Bermet Talant. Published Sept. 17. Russia’s new pipeline to Europe, Nord Stream 2, will cost Ukraine $3 billion in lost transit fees for piping Russian gas across its territory, a Ukrainian official reckons. But the project harms not only Ukrainian economy – it threatens European security too, Andriy Kobolyov, CEO of Ukrainian state oil ... Read More
 
Norwegian NBT to invest 370 million euros in wind power plant in Kherson Oblast

Norwegian NBT to invest 370 million euros in wind power plant in Kherson Oblast

By Natalia Datskevych. Published Sept. 6. Norwegian company NBT AS has signed a multimillion-euro contract with Power Construction Corporation of China Limited, or POWERCHINA, to build a large 250-megawatt wind power plant in Kherson Oblast. The 292-million-euro EPC (Engineering, Procurement & Construction) contract is part of the Norwegian company’s total investment of 370 million euros in the ... Read More
 
Renault considers manufacturing cars in Ukraine

Renault considers manufacturing cars in Ukraine

By Ilya Timtchenko. Published July 23. French car manufacturer Renault is considering manufacturing cars in Ukraine. Renault told the Kyiv Post on July 23 that it is currently evaluating the Ukrainian market. “Renault confirms that it is studying various projects with potential local manufacturing partners that has to do with the localization of assembling specific ... Read More
 
Business associations, investors call on lawmakers to secure next IMF tranche before July 20

Business associations, investors call on lawmakers to secure next IMF tranche before July 20

By Ilya Timtchenko. Published July 13. Updated July 13 at 7:14 pm Top investors and business associations have called on the Ukrainian government and parliament to make a deal with the International Monetary Fund in order to unlock a long-delayed $1.9 billion tranche of aid money for the country. If Ukraine does not receive further ... Read More
 
How 2018 Currency Champ Is Dodging the Emerging-Market Rout (Bloomberg)

How 2018 Currency Champ Is Dodging the Emerging-Market Rout (Bloomberg)

 On the surface, Ukraine doesn’t look much like a country with a world-beating currency. An international bailout has been frozen for more than a year, its finance minister was fired last week and a Kremlin-backed war continues to simmer in its eastern climes. But almost halfway through 2018, the hryvnia is the No. 1 performer ... Read More
 
Ukrainian government plans to upgrade ports after decades of neglect

Ukrainian government plans to upgrade ports after decades of neglect

ODESA, Ukraine – Ukraine’s outdated and rundown ports might undergo a major revival as the government plans to invest Hr 44 billion, or $1.7 billion, into the infrastructure, according to Deputy Prime Minister Volodymyr Kistion, who spoke at the Ukrainian Ports Forum on May 31. The first of its kind, the forum was held in ... Read More
 
US General Electric and Ukrzaliznytsia sign $1 billion, 10-year deal

US General Electric and Ukrzaliznytsia sign $1 billion, 10-year deal

U.S. multinational conglomerate General Electric finally struck a deal with Ukraine’s railway monopoly Ukrzaliznytsia with the official signing of a $1 billion contract between the two in Kyiv on Feb. 23. The deal foresees Ukrzaliznytsia purchasing 200 locomotives from General Electric’s Pennsylvania plant and the modernization of 75 of its own locomotives at a cost ... Read More