The Philip Morris Ukraine has received a USD 100mn credit line from Philip Morris Finance SA (Switzerland). The interest rate on the credit line equals LIBOR + 0.25% per annum. The agreement for the credit line is valid until December 31, 2020. The credit line was opened on October 11. Philip Morris Ukraine received the first tranche of USD 23mn on Oct 30. Philip Morris Ukraine ended 2011 with a net profit of UAH 1.121bn. There are 15 enterprises producing tobacco goods in the Ukrainian market. |
In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more