Salamandra insurance company (formerly DIM Insurance, Dnipro) collected UAH 78.857 million in gross premiums in January-September 2020, which is 11.5% more compared to the same period in 2019.
According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission, the volume of net premiums amounted to UAH 77.762 million (a rise of 59.2%).
Premiums in the amount of UAH 3.720 million were transferred to reinsurance, which is 61.5% less than in the same period in 2019.
Over the reporting period, the insurer’s payments increased 37.6%, to UAH 36.307 million.
Net profit of Salamandra in January-September 2020 amounted to UAH 157,000, while for the same period a year earlier it was UAH 108 thousand
According to the official report, the company’s administrative expenses amounted to UAH 16.086 million, which is 34.7% more.
Salamandra insurance company is part of the non-banking financial group Salamandra, the ultimate beneficiary and owner of which is Yuriy Yavtushenko.
Astarta plans to sell two sugar refineries in Kharkiv region
Delta Wilmar Ukraine LLC, a member of the group of the transnational agro-industrial corporation Wilmar International, launched in November a shop for bottling sunflower oil under the Chumak trademark, in particular, filling it into PET bottles.
According to the company’s Facebook message, the investment amounted to more than $5.5 million, and 45 jobs were created.
Delta Wilmar plans to export bottled products, which the company will produce at the new workshop, abroad, mainly to the countries of Asia, Africa and Europe.
The company also said that this year a new shop for processing and packaging of margarine and fat products was opened, investments in which amounted to more than $29 million.
Delta Wilmar Ukraine LLC is part of the group of the transnational agro-industrial corporation Wilmar International, which market capitalization today is about $22 billion.
Salamandra insurer sees 11.5% rise in gross premiums in Jan-Sept
Ukraine plans to increase the annual flow of foreign tourists to 30 million people, domestic to 60 million by 2030, and also intends to increase the industry’s share in GDP to 10%, according to the National Economic Strategy 2030, presented by Prime Minister Denys Shmyhal on Friday.
According to the document entitled “Vectors of Economic Development” published within the framework of the National Economic Strategy 2030, Ukraine ranks 78th in the Travel & Tourism Competitiveness Index, while the goal is to rise to the 45th place by 2030.
Last year, the number of accommodation facilities in Ukraine increased by 13% – up to 5,300, while the number of beds was 370,000. At the same time, the average number of beds concerning the area of the country in Ukraine is 1.6/sq. m, while in Europe this figure is 9.2/sq.m, the document says with reference to a number of statistical departments.
According to the document, the export of tourist services in Ukraine at the end of 2019 amounted to $1.62 billion, of which 90% is personal tourism.
In addition, among the competitive advantages of Ukraine is the size of the average check for hotels, which, taking into account their operating profitability at the level of 40%, opens up potential for hotels in the three-four star segment.
The document creators also call the market of recreational and health-improving services and human resources the strengths of Ukrainian tourism.
Challenges include safety and security, environmental resilience, protection of natural resources, and outdated transport infrastructure. The priority is, among other things, improving the comfort system, managing quality and introducing a classification system by hotel categories.
Delta Wilmar invests $5.5 mln in new sunflower oil bottling shop
Gudzovka-Solar PV PP reduces carbon dioxide emissions by 30,000 tons per year.
UDP Renewables, whose strategic investor is the holding company UFuture, pursues its partnership with the world leading company in renewables — ACCIONA. As part of the cooperation, two stages of new solar plant “Gudzovka-Solar” are commissioned in the city of Izmail, Odessa region. Investments in the project amounted to about €21 mln.
“I am proud that we have the opportunity to implement joint projects together with ACCIONA. Our partner is reliable, efficient and has high standards of work. We are glad that we were able to reveal Ukraine’s investment attractiveness for an international strategist, as our cooperation is an inspiring example of system-building cooperation,” said Sergiy Yevtushenko, managing Partner of UDP Renewables.
Gudzovka-Solar-1 PV PP and Gudzovka-Solar-2 PV PP have a peak capacity of 24.4 MW totaled up and are equipped with more than 72,000 solar panels manufactured by JASolar. This amount of innovative equipment generates about 33,600 MWh of electricity per year and can meet the needs of 13,000 households.
“Despite the turbulent period in the industry and in the world as a whole, UFuture systematically implements its strategic plans and invests in Ukraine’s renewable energy. We faithfully fulfil all our obligations to the state and our partners. Today, the company is considering various scenarios for further development in this area. Successful cooperation with the world’s leading market players formulates the necessary expertise and reputation base to expand our activities, both in Ukraine and, possibly, in foreign markets,” said Nicholas Tymoshchuk, CEO of UFuture.
The EPC contractor of the project was a group of companies KNESS, the financial partner was Credit Agricole Bank.
ADDITIONAL INFORMATION
UDP Renewables is an investment and development company in the Ukrainian renewable energy sector. With diversification in the type of renewable power generation and geography, by 2022 UDP Renewables strives to become one of the largest producers of clean energy in Ukraine, with a total capacity of more than 300 MW.
UFuture is a holding company of Ukrainian entrepreneur Vasyl Khmelnytsky, which has a diversified portfolio of assets in the fields of real estate, infrastructure, industry, renewable energy, pharmaceuticals and IT. In particular, UFuture is a strategic investor in UDP Renewables. UFuture’s assets are valued at $500 million, and the total capitalization of the businesses in which it has invested is up to $1 billion.
The Irish low-cost airline company Ryanair (Dublin) has launched flights on the Odesa – Dusseldorf Weeze (Germany) route.
The flights will be operated twice a week as part of Ryanair’s winter 2020 schedule, the airline’s press service said on Friday.
“We are delighted to start operating flights Odesa-Dusseldorf Weeze. This flight will connect Odesa and western Germany, in addition, Weeze airport is located in close proximity to the Netherlands. Thus, our passengers, besides Dusseldorf, have received an opportunity to conveniently plan their trips to Duisburg, Essen, Dortmund and Cologne, as well as to the neighboring cities of the Netherlands,” commercial director of Odesa International Airport Vyacheslav Chehlatonev said quoted by the airline’s press service.
Annual flow of tourists in Ukraine to grow to 30 mln foreigners, 60 mln domestic travelers by 2030 – National Economic Strategy
The use of antibiotics in Ukraine to date has grown 3.5 times compared to the same period last year, the Minister of Health said during a meeting of the Verkhovna Rada on Friday.
“Indeed, our use of antibiotics has grown 3.5 times compared to the same period last year. There is a program regarding provision with pharmaceutical companies – they are fully provided with raw materials. If antibiotics have disappeared in some pharmacy, I think these are isolated cases,” he said. At the same time, the minister urged not to self-medicate.
“We held meetings with the heads of pharmacy chains regarding the provision of antibiotics and other drugs, in particular, anticoagulants. There was a big request from this industry to appeal to the population not to self-medicate,” Stepanov said.
