Bank Forum’s (FORM: BUY) press service announced last week that the bank would hold a signing ceremony on March 13 for a USD 36 mln three–year syndicated loan from the European Bank of Reconstruction and Development (EBRD) and a group of other banks.
According to a local Ukrainian daily, Russia’s Alliance Group sold its Ukrainian holding, Alliance Ukraine, which controls about a 70% stake in the Kherson Refinery, to a company controlled by Kazhakhstan’s Kazmunaygaz for USD 120 mln.
Kommersant newspaper, referring to a copy of a contract between Naftogaz of Ukraine and RosUkrEnergo as of March 6, reported that Naftogaz of Ukraine agreed to pay USD 321/tcm for natural gas delivered in January-February 2008.
According to Ukrainian News agency, the Antimonopoly Committee of Ukraine has given permission to Hapoalim Bank, Israel’s second-largest lender, to acquire a 75.8% stake in Ukrinbank (UKIB: BUY).
Megabank (MEGA: BUY) announced it will vote on increasing its charter fund by 20% to USD 47.5 mln at its AGM scheduled for April 22.
According to Interfax, German Commerzbank, which acquired a 60%+1 stake in Bank Forum (FORM: BUY), announced that it expects Forum to double its market share from its current 2.6% over the next four years.
Ukrainian News reported that Cyprus-based Ukrainian Machine Building Holding replaced SCM as the holder of 65.26% of shares in Druzhkivka Machinery (DRMZ: BUY).
Kernel Holding (KER PW: N/R) announced the results of the offering of its new shares
According to Ukrainian News agency, Creative Group (CREA: N/R) is considering reducing the par value of its shares from UAH 2,000 (USD 396) to UAH 20 (USD 4), while the volume of the company’s charter fund will remain unchanged.
According to Bloomberg News, Ferrexpo (FXPO LN: N/R) announced it will purchase 16 dump trucks and other equipment worth USD 55 mln.
Germany-based Severstal-Metiz filed a request to a German regulatory authority to increase its stake in Dniprometiz (DMPO: BUY) from 60% to 95%.
In January-February industrial output declined by 0.6% yoy.
In two months 2006, Ukraine’s coke makers produced 2,979 ths mt of coke, down 13% yoy. Donetsk Coke, Avdiyivka Coke, Yasynivsky Coke and Bahliy Coke sustained the largest fall in production, while ZaporizhCoke was the only company to increase its output.
Pipe Production Up 4.6% In Jan-Feb 2006.
According to the PM Yulia Timoshenko, the government plans to raise the minimum pension from USD 55.7 to USD 62.6 a month and the average pension to USD 72.3 per month, a 23.5% increase. The government claims to enable this increase of pensions through an outpacing growth in salaries, in particular in budget sector by 56.8% to USD 133.6.