Official rates of banking metals from national bank as of May 25
One troy ounce=31.10 grams
Board Chairman of IMC agricultural holding Oleksandr Petrov on May 24 bought 60,000 shares of the company at a price of PLN 27.99 per share for a total of PLN 1.68 million ($458,470 at the rate of the National Bank of Poland as of May 26), thereby increasing his share in the charter capital to 79.86%.
According to the report of IMC on the website of the Warsaw Stock Exchange on Wednesday, Petrov personally and through his companies Richmarket Investments Ltd and Agrovalley Limited owns 26,437,463 shares of IMC.
According to the Warsaw Stock Exchange, since the beginning of the year, the IMC share price has increased by 51.2%, from PLN 18.25 to PLN 27.60, and by 2.4 times over the year (on May 24, 2020, the IMC share price was PLN 11.50).
Agroholding IMC specializes in the cultivation of grain, oilseeds and milk production in Ukraine. It processes about 123,300 hectares of land in Poltava, Chernihiv and Sumy regions. It owns facilities for storing 554,000 tonnes of grain and oilseeds.
It is with great excitement we announce that Ukrainian Energy Forum returns to serve as the annual meeting place for international energy leaders on 14-16 July at Parkovy Congress and Exhibition Centre, Kyiv.
With this invitation via Interfax Ukraine you are entitled to a 15% discount.
Simply quote your VIP code: EUC017mINT.
REGISTRATION ONLINE >>
It is our ambition to provide in-person networking in a socially distanced manner that meets all the COVID safety standards. Your safety is our priority, that’s why we have been working on making sure that our meeting space meets all the requirements and has plenty of access to outdoors networking possibilities. For more information on online participation please visit here >>
As we are preparing the draft agenda, which will be available on our website shortly, we wanted to give you a taster of what topics you can expect to be discussed this July:
ELECTRICITY DAY, 14 JULY
• Addressing current market imbalances
• Progress on implementation of the Third Energy Package
• Distribution System Operators’ modernisation
• Renewables sector update
• Ukrainian contribution to the path of de-carbonisation
• Encouraging investment in alternative power sources
MAIN DAYS ONE AND TWO, 15-16 JULY
• Strategic overview of the market by top policymakers, domestic and European regulators and leading energy companies
• Regional gas market integration
• 10 year GTSO development plan
• Expectations, obstacles and needs for the new Production Sharing Agreements
• Incentives for new investments into production and mechanisms for cooperation
• Developing offshore, deep drilling, hard-to-recover hydrocarbon production technologies
To view our 2020 speaker line up of highest caliber visit here
We look forward to seeing familiar and new faces in July, offline or online!
If you have any enquiries or suggestions do not hesitate to contact Anna Kuzminskaya: +380 63 7673207 A.Kuzminskaya@adamsmithconferences.com
For detailed information and registration follow the link >>
Join the UEF Group on FACEBOOK and follow our updates.
open4business.com.ua – media partner
The European Investment Bank (EIB) and the Ministry of Communities and Territories Development have signed a grant agreement for EUR 7 million for the preparation and implementation of the Ukrainian Recovery Programme (URP), the press service of the Ministry has reported. “The signed grant of EUR 7 million contributes to the implementation of a new loan agreement – the Ukrainian Recovery Programme – in accordance with the leading international approaches and the interests of Ukrainian communities. Thanks to the URP, hospitals, schools, kindergartens, sports infrastructure and other key infrastructure in eastern Ukraine have already been restored,” Deputy Minister of Communities and Territories Development Ivan Lukeria.
The grant is provided under the EU Neighborhood Investment Platform (NIP) and complements the URP funding from the EIB.
According to the report, the URP funds will finance several hundred small and medium-sized projects at the municipal level, including the restoration of social infrastructure, improvement of utilities, repair of damaged administrative buildings. The implementation of the projects will improve conditions for 13 million Ukrainians.
“The new loan agreement from the EIB in the amount of EUR 340 million, which we signed last year, contributes to the large-scale reconstruction of social infrastructure in Ukraine. And the grant of EUR 7 million from the EU will help us to quickly implement the planned recovery,” Minister of Communities and Territories Development Oleksiy Chernyshov said.
The Belarusian airline Belavia has cancelled all flights to Ukraine until August 25, 2021, Belavia said in a statement on its website.
“Due to the ban of the Ukrainian authorities on Belavia flights, the airline is forced to cancel flights to/from Kyiv, Lviv, Odesa, and Kharkiv from May 26 to August 25, 2021,” Belavia said.
On May 25, night flights to Kyiv and Odesa were also canceled, it said.
“Passengers who purchased tickets on the indicated dates will be able to refund their full price without penalties or change the date of departure during the validity period of the ticket,” the airline said.
Ukraine suspended air traffic with Belarus on May 26.
A Ryanair flight from Athens to Vilnius was forced to land at the Minsk airport while passing through Belarus’ airspace on May 23.
On President Alexander Lukashenko’s orders, Belarus scrambled a MiG-29 fighter jet to accompany it. The Ryanair plane was carrying Raman Pratasevich, former editor-in-chief of Nexta and editor of Belarus Golovnogo Mozga (Belarus of the Brain), Telegram channels that are both designated as extremist in Belarus, and his companion, Sofia Sapega, a Russian citizen and a student of European Humanities University in Vilnius. Both were detained by the Belarusian authorities.
The European Union and the United States have condemned the forced landing of the Ryanair plane in Minsk, demanding that Pratasevich be released.
Minsk, in turn, said that an email message about a bomb allegedly planted on the Ryanair plane en route from Athens to Vilnius had been signed by “Hamas soldiers.”
The volume of sales of enterprises in the service sector of Ukraine in the first quarter of 2021 amounted to UAH 237.7 billion, which in comparable prices is 1% higher than the level of the fourth quarter of 2020, the State Statistics Service has said.
According to the report, the volume of services sold to the population amounted to 21% of the total volume of services rendered.
The State Statistics Service reminded that in the first quarter of 2020 the volume of sales of service enterprises grew by 23.1%.
