Official rates of banking metals from national bank as of August 31
One troy ounce=31.10 grams
The Hungarian low cost airline Wizz Air rejects information from the European Transport Workers’ Federation (ETF) about illegal layoffs of its employees in Ukraine, the airline’s press service has told Interfax-Ukraine.
“Wizz Air has taken note of media reports alleging that a number of COVID-19 related layoffs in Ukraine earlier this year may have been allegedly illegal in Ukraine. Wizz Air denies such accusations as they are completely unfounded,” the airline said.
The ETF previously reported that Head of Wizz Air Jozsef Varadi threatened to close the base in Kyiv if workers do not agree to terminate the work of the trade union. According to this organization, at the end of July, the low cost company fired four employees involved in the trade union, namely Yulia Batalina, Hanna Teremenko (the head and the deputy head of the trade union), Artem Tryhub (a member of the trade union council) and Andriy Chumakov (a member of the trade union).
Ukraine International Airlines (UIA, Kyiv) canceled flights on eight destinations, reduced their frequency on seven more destinations.
According to the airline’s website, as a result of such measures, UIA is forced to revise the flight schedule and significantly reduce them. Starting from September 14, the following flights will be completely canceled: Kyiv-Zaporizhia, Kyiv-Madrid, Kyiv-Barcelona, Kyiv-Geneva, Kyiv-Delhi, Kyiv-Berlin, Kyiv-Chisinau, and also Kyiv-Athens (except for two flights). Flights on the route Kyiv-Kherson will be canceled from September 20.
In addition, the airline reduced the frequency of flights on the following routes: Kyiv-Odesa, Kyiv-Paris, Kyiv-Dusseldorf, Kyiv-Brussels, Kyiv-Dubai, Kyiv-Istanbul, and Kyiv-Tel Aviv.
“We now have to make a decision on the airline’s plans for the coming days, without having enough time or enough information. Of course, we will wait for the publication of the Cabinet of Ministers resolution and make a decision to cancel flights, based on the content of the document. We are considering several options, including radical,” CEO of the airline Yevhen Dykhne said.
According to the airline, in the total current UIA passenger traffic, the percentage of foreigners transported is about 60%.
Myronivsky Hliboproduct (MHP), one of the largest agricultural holdings in Ukraine, is working on a carbon dioxide plant project, deputy chairman of the board Oleksandr Dombrovsky has said when signing a memorandum of partnership between the agricultural holding and Organic Ukraine.
“This is an innovative project, I can’t tell you much. We are now doing a very professional feasibility study, considering various options. Today it is too early to say that we are ready for this project. We are working on it,” he said.
Dombrovsky clarified that the plant is being designed both for the needs of MHP itself, and for the domestic market and export. According to him, today about 70% of carbonic acid in the domestic market is imported, mainly from Poland and Hungary.
He also said that MHP, which has already built two of the world’s largest biogas complexes for processing poultry manure, has another ready-made similar project and a permit for its construction.
“But we are thinking to start or not to start. And if to start, then when, given that the “green” industry in Ukraine has not been paid money at all for six months,” Dombrovsky explained.
He stressed that investments in biogas are significantly higher than in solar energy, and range from EUR3 million to EUR3.5 million per 1 MWh of capacity.
The expert noted that the agricultural holding is also working on other innovative projects, in particular, on “green” hydrogen.
BIOGAS, CARBONIC ACID, GREEN POWER, INDUSTRY, INVESTMENT, MHP
Retail turnover in Ukraine by regions in jan-June 2020 (UAH Mln)
The average period of settlement of insurance claims for damage caused to property declared under compulsory insurance of civil liability of motor vehicle owners (OSAGO) in the second quarter increased by 8 days compared to the previous one and amounted to 77 days (for claims settled within 365 days), the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) reports.
The bureau also notes that the reason for this is the quarantine introduced in Ukraine in connection with the COVID-19 pandemic, which affected the work of insurers’ offices, claims settlement processes, as well as the ability of victims to promptly submit the documents necessary to receive insurance payments.
According to the MTIBU, within the framework of the direct claims settlement system, the average settlement period increased slightly, amounting to 43 days (in the first quarter of 2020 some 41 days). Despite the impact of quarantine measures, OSAGO insurers in annual terms have improved the speed of settlement: compared to the second quarter of last year, the average settlement period decreased by 2 days, and within the direct settlement system by 13 days.
In April-June 2020, within 60 days from the date of an accident 55.3% of claims were settled, up to 90 days some 69.9% of claims, and up to 120 days some 77.4% of claims.
