The Bohdan Corporation, which includes the Lutsk Automobile Plant (LUAZ), saw its car sales grow 30.5% yoy in 2M07 to 8603 cars.
France’s Auchan Group announced last week that it plans open its first hypermarket in Kyiv by January 2008.
Universalna Insurance (SKUN), Ukraine’s only listed insurer, increased premiums from individuals by 2.1 times in 2006 to USD 2.3 mln.
The Moody’s rating agency announced yesterday that it had downgraded Stirol’s (STIR: HOLD) from B3 to Caa1.
The company’s net revenues made up USD 110.2 mln, in line with our projections (USD 111 mln), while net income increased significantly from USD 0.05 mln in 2004 to USD 7.1 mln in 2005. 72.8% of net income will go for dividends (USD 0.0024 per share), 22.2% - for increase in working capital, 5% - to reserve fund.
After a meeting with Halychyna's new management team, the head of the Lviv regional state administration Petro Oliynyk announced that the refinery plans to increase crude refining by 1.8 times yoy, to 1.91 mln tons.
In a press release yesterday, Gazprom said that its counterparts in Turkmenistan, Kazakhstan, and Uzbekistan are going to switch to European prices for natural gas starting in 2009.
According to the State Statistics Committee, industrial output rose 11.5% yoy in February 2008, following relatively weak 5.7% yoy growth in January.
The world’s largest steelmaker, Arcelor Mittal said it is interested in taking part in the privatization of Ukrainian coal mines to cut the dependency of its local subsidiary Arcelor Mittal Kryviy Rih (KSTL: SELL) on external energy supplies, said the company’s vice president, Narendra Chaudhary.
Electricity distribution company Prykarpatoblenergo (PREN: HOLD) reported USD 107.7 mln in net revenue for FY07 (+16% yoy).
According to Interfax, Standard & Poor's assigned a preliminary BB- rating to the city of Kyiv’s upcoming bond issue.
The State Property Fund (SPF) announced last week that it planning to push through with plans privatize stakes in locomotive-maker Luhanskteplovoz (LTPL: HOLD) and the Odesa Portside Plant before the end of the year.
According to the State Statistics Committee, Ukraine’s industrial output grew 11% yoy in February, down slightly from 15.8% in January bringing 2M07 growth to 13.4%.
Ukraine’s largest automotive holding, Ukravto (AVTO) saw its assets increase by 2.3-times in 2006 to USD 210 mln.
AvtoKrAZ (KRAZ: HOLD) signed a deal last week for 100 large trucks with the Algerian government.