Business news from Ukraine

Business news from Ukraine

Ukraine has received all 200 KIA BONGO ambulances from South Korean government

Ukraine has received the last 20 out of 200 KIA BONGO ambulances as part of a humanitarian donation from the Government of the Republic of Korea.

According to the Ministry of Health, the total cost of all the vehicles donated in cooperation between the Korean Embassy in Ukraine and the Ministry of Health is over $12 million.

The donated vehicles are fully equipped with modern medical equipment necessary to save patients’ lives at the scene and during transportation to medical facilities. Each vehicle is equipped with defibrillator monitors, oxygen supply systems, trauma equipment, stretchers and emergency medicines.

The Ministry of Health emphasizes that since the beginning of the war, the enemy has destroyed or damaged more than 600 ambulances in Ukraine.

In total, thanks to the support of international partners, Ukraine has already received more than 1,500 ambulances, 73 of which are armored.

The renewal of the ambulance fleet began in 2020-2021, even before the full-scale invasion: 895 ambulances were purchased at the expense of the state budget. They ensured the stable operation of the system in the first difficult months of the war.

The Ministry of Health reminds that Ukrainian medical institutions have recently received 100 modern ultrasound diagnostic systems and 30 mobile X-ray fluoroscopic systems from the Government of the Republic of Korea as part of humanitarian aid.

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VDNH made record profit in 2024

The National Complex “Expocenter of Ukraine” (VDNKh, Kyiv) received UAH 42 million in operating profit in 2024, gross income amounted to UAH 217 million, its press service reported the results of the audit.

“VDNG has successfully passed an independent audit for 2024. Operating activities: gross revenue – UAH 217 million (a 10-fold increase compared to 2015); operating profit – UAH 42 million (a 10-fold increase compared to 2015 and a twofold increase compared to 2023). Taxes to the state and local budgets amounted to UAH 35 million. This is a record figure for the entire period of the Expocenter’s existence,” the company said in a Facebook post.

According to the information, the number of employees remained unchanged and amounted to 148 people.
In addition, last year, 5.1 thousand square meters of roads and squares were repaired on the territory of the Expocenter, lighting was updated, four ramps were installed, and other infrastructure projects were implemented.

It is noted that this year, work continues on the implementation of the barrier-free greenhouse, as well as the conceptualization and design of the VDNH Food Plaza.
As reported, in 2024, the Expocenter received 4.5 million visitors, which is 10% higher than in 2023.

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In 2024, IC “Persha” collected more than UAH 1.1 bln in premiums

Last year, PJSC “Insurance Company ‘Persha’ (Kyiv) collected UAH 1.123 billion in gross premiums, which is 35.62% more than in 2023, according to the rating agency ‘Standard Rating’ in information on the confirmation of the credit rating/financial strength rating of the IC at the level of ‘uaAA’ on the national scale based on the results of activities for 2024.

It is also reported that revenues from individuals increased by 2.32% to UAH 417.581 million, while revenues from reinsurers, on the contrary, decreased by 30.54% to UAH 2.404 million. Thus, at the end of 2024, the share of individuals in the insurer’s gross premiums amounted to 37.19%, i.e. legal entities prevailed in the company’s client portfolio.

Insurance payments sent to reinsurers in 2024 increased by 4.38% to UAH 78.338 million compared to 2023, while the reinsurer participation ratio in insurance premiums decreased by 2.09 percentage points (p.p.) to 9.68%.
According to the RA, the insurer’s net written premiums increased by 38.73% to UAH 1.044 billion, and net earned premiums – by 39.56% to UAH 1.047 billion.

In 2024, Perva Insurance paid out UAH 452.743 million in insurance claims and indemnities to its clients, which is 55.09% higher than the volume of payments in 2023. Thus, the level of payments increased by 5.07 percentage points to 40.33%.
According to the results of 2024, the company’s operating profit increased to UAH 30.607 million, net profit – to UAH 36.279 million, return on equity amounted to 14.42%.

As of January 1, 2025, the insurer’s assets increased by 18.51% to UAH 1.099 billion, equity showed an increase of 33.64% and amounted to UAH 251.522 million, liabilities increased by 14.66% to UAH 847.291 million, cash and cash equivalents – by 2.54% to UAH 228.930 million.

At the same time, the RA notes that as of January 1, 2025, IC “Persha” formed a portfolio of current financial investments in bank deposits in the amount of UAH 16.625 million, which, together with cash and cash equivalents, covered 28.98% of its liabilities.
Thus, as of the beginning of 2025, the insurer had satisfactory levels of capitalization (29.69%) and the ratio between liquid assets and liabilities (28.98%).

“Persha” Insurance Company has been operating in the Ukrainian insurance market since 2001. The company’s main specialization is motor insurance. IC “Persha” is a member of MTIBU, the League of Insurance Organizations of Ukraine, and the National Insurer of International Road Transport Carnet (TIR).

Belgium to provide €150 mln for Ukraine’s reconstruction through BE-Relieve Ukraine project

A large-scale international technical assistance project, the Belgian Initiative for the Recovery of Ukraine (BE-Relieve Ukraine), implemented by the Belgian government through the development agency Enabel, has officially started in Ukraine, the press service of the Ministry of Community and Territorial Development reports.

“BE-Relieve Ukraine is not just about technical assistance. It is a project aimed at a partnership between Ukraine and Belgium in the reconstruction of our country. The main principle of our cooperation is “To rebuild better than before.” BE-Relieve Ukraine will last until the end of 2028. During this time, Ukraine will receive €150 million from the Belgian Government to restore and maintain critical infrastructure, prepare for winter, and create an inclusive environment,” said Kostyantyn Kovalchuk, Deputy Minister of Communities and Territories Development.

The main areas of the project are the modernization of energy infrastructure, reconstruction of medical facilities, renovation of school and vocational education infrastructure, as well as promoting reforms and strengthening ties with Belgian partners.

Priority activities include the transfer of 212 generators for educational institutions, mobile boilers for hospitals and utilities, and the repair of medical infrastructure.

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April 20-21: no precipitation in Kyiv, daytime temperature up to 24° Celsius

Short-term rain and thunderstorms are expected in some places in the western regions of Ukraine on Sunday, April 20, while in other regions there will be no precipitation. According to the Ukrainian Hydrometeorological Center, the wind is expected to be southeast on Sunday, southwest in the west, 5-10 m/s. The temperature at night will be 6-11°, during the day 19-24°, in the Carpathians and on the coast 13-18°.

No precipitation in Kyiv on April 20. The temperature at night will be 9-11°, during the day 22-24°.
According to the Borys Sreznevsky Central Geophysical Observatory, since the beginning of meteorological observations in Kyiv in 1881, the highest temperature on April 20 was recorded at 28.5° Celsius in 1943, and the lowest – 2.1° Celsius in 1987.

On Monday, April 21, it will be mostly without precipitation in Ukraine, with only short-term rain and thunderstorms in the southeast of the country in the afternoon. Wind of variable directions, 3-8 m / s. The temperature at night will be 8-13°, during the day 19-24°, in the Carpathians and on the coast 15-20°. In Kyiv on April 21, no precipitation, temperature at night 9-11°, during the day 22-24°.

Conservative Party of Canada promises to transfer $22 bln worth of frozen Russian assets to Ukraine

The leader of the Conservative Party of Canada, Pierre Poilievre, said that his future government would transfer frozen Russian assets worth $22 billion to Ukraine, the official website of the Conservative Party of Canada reported on Friday.

According to Poilievre, these funds will be used to support Ukraine in its fight against Russian aggression, as well as to restore infrastructure after the destruction caused by the war.

“The Conservatives have always been proud to support our Ukrainian allies… The Conservatives were the first to introduce the Sergei Magnitsky Act, which made it possible to impose sanctions on Russian oligarchs after Putin’s illegal and unprovoked invasion of Crimea,” Poilievre said.

He reminded that Moscow’s war against Ukraine did not begin in 2022, but almost eight years earlier. After that, the Conservative government of Stephen Harper sent troops to Ukraine as part of Operation UNIFIER and helped to expel Russia from the G8.

Poillevre criticized the current Liberal government for its inaction on the transfer of frozen assets, emphasizing that the Conservatives would act quickly.

“Three hours after the start of the full-scale Russian invasion of Ukraine, I spoke at a rally of the Ukrainian community in Ottawa: ‘Canadians stand in full solidarity with you, and we will always be with you. Three years later, our commitment has not wavered. Glory to Ukraine,” Poilievre said.

Early parliamentary elections in Canada are scheduled for April 28. The Conservatives are currently in opposition.

Earlier, the Experts Club think tank released a video analysis on the most important elections in the world in 2025, see more here – https://youtu.be/u1NMbFCCRx0?si=vtEMJXzfMcggWsD2

Source: https://interfax.com.ua/

 

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