Ukraine renewable energy market is headed for a rebound in 2021-2022, says analytical report just completed by Rada Capital. After a boom between the 2017 and 2020 resulting in 7.2 GW of installed RES capacity and non-hydro RES reaching 8% of Ukraine’s total electricity production, 2020 has been a very challenging year for the RES […]
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A new era of sustained growth After several years of weak solar demand growth in Europe, compared to the historical highs of 2011, installations are expected to surge by 88% to reach a new installation record of 23 GW in 2019, writes Cormac Gilligan, research manager at IHS Markit. A range of favorable macro conditions […]
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The International Finance Corporation (IFC) from the World Bank Group has approved the provision of a five-year EUR 30 million loan to state-owned Ukrgasbank with an option to convert into up to 20% equity share of the bank. IFC said that its board approved the decision on November 11. At present, the signing of the […]
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The Deposit Guarantee Fund of Ukraine at an auction on Tuesday sold claims to two loans of Nadra Bank being under liquidation with uncompleted Respublika shopping and entertainment center used as collateral. According to the ProZorro.Sales platform, Soltex Capital LLC won the auction at the final bid of the second stage of the Dutch auction, […]
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Dragon Capital Investments Limited, a member of the Dragon Capital Group, and Dragon Capital New Ukraine Fund L.P. managed by the company led a new investment round and became minority shareholders in Ciklum, a global digital solutions company with major footprint in Ukraine. According to a press release of Dragon Capital, AVentures Capital participated in […]
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The Antimonopoly Committee of Ukraine allowed the Grain Trade Ltd company from Lithuania to acquire a share in the charter capital of the company Apostolovo-Agro which owns an elevator is located in the Dnipropetrovsk region. This is reported on the website of the AMCU. “Granted permission of CJSC Grain Trade Ltd (Vilnius, Lithuanian Republic) to […]
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Fairfax Financial Holdings Limited (Fairfax, Canada), which announced the acquisition of 100% of shares in AXA Insurance, does not plan to merge it with its insurance company Colonnade Ukraine, operating on the Ukrainian market, First Vice President of AXA Insurance Andriy Peretiazhko said at a press conference on Tuesday. He said that Fairfax is a […]
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Private equity giant Apax Partners has acquired GlobalLogic, an IT outsourcing firm founded by four IITians, for $420 million. GlobalLogic, founded by Rajul Garg, Sanjay Singh, Manoj Agarwala and Tarun Upadhyay, competes with Symphony Technology and Persistent Systems in the outsourced product development or research and development space. GlobalLogic is based in California, with large […]
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