The enterprises and organizations of Ukraine in 2019 increased pretax profit from ordinary activities by 26%, to UAH 422.2 billion, the State Statistics Service has said.
According to the service, last year Ukrainian enterprises that worked profitably received UAH 596.3 billion in profit, which is 10.3% more than in 2018.
At the same time, 21.7% of enterprises worked with a negative financial result. Their losses in 2019 decreased by 15.3% compared to 2018, to UAH 174.1 billion.
PrJSC Stadsis AB (Sweden), which is a shareholder of PrJSC Mandarin Plaza, a developer of Lavina Mall, Blockbuster Mall and Ocean Mall (all are located in Kyiv), has decided to segregate a new company from the enterprise, PrJSC Parus Invest.
According to the statement of Mandarin Plaza in the information disclosure system of the National Securities and Stock Market Commission, by the decision of the shareholder dated March 19, Parus Invest was segregated from PrJSC Mandarin Plaza with the transfer of part of the property, rights and obligations to it.
The shares of Mandarin Plaza are converted into the shares of Parus Invest with a ratio of 1:1.
The planned charter capital of new company is UAH 5.9 million.
PrJSC Mandarin Plaza was established in 2000. It is engaged in development activities in the segment of construction and operation of retail and office centers.
The charter capital of PrJSC Mandarin Plaza in April 2020 stood at UAH 21.7 million.
President of Ukraine Volodymyr Zelensky and Crown Prince of the Emirate of Abu Dhabi of the United Arab Emirates Sheikh Mohammed bin Zayed Al Nahyan have discussed the prospects for trade, economic and investment cooperation, in particular, in the field of agriculture, development of road and medical infrastructure in Ukraine.
“The coronavirus should not destroy international trade and economic ties between the countries. For Ukraine, the development of infrastructure is critical – above all, modern hospitals and high-quality roads. After the coronavirus, life will continue, and we can plan investments now,” the Ukrainian president said.
Ukrainian insurance companies in 2019 collected UAH 169.113 million in premiums under contracts signed via resident agents, which is 53.9% more compared with 2018 (UAH 109.837 million), the National Commission for Financial Service Markets Regulation has reported.
According to the regulator’s website, the number of contracts concluded through resident agents for the year increased 3.5 times, to 24,745.
Of the total amount of collected premiums, premiums from personal insurance amounted to UAH 116.558 million (1,996 contracts), UAH 31.9 million for property insurance (231), UAH 13.509 million for mandatory insurance (22,200), UAH 3.325 million life insurance (33), and UAH 3.997 million for liability insurance (279).
The amount of remuneration for the provision of such intermediary services last year increased 1.9%, to UAH 28.145 million.
According to the regulator, insurance payments received by nonresident insurers under insurance contracts amounted to UAH 9.774 million, which is 3.7 times more than in 2018. The remuneration for 36 concluded agreements amounted to UAH 771,000 (UAH 580,000 in 2018). At the same time, the regulator said that in 2019, payments under the above agreements were not made.
Nonresident reinsurers through brokers were given UAH 920.7 million for reinsurance under 258 contracts, which is 17% less than a year earlier (UAH 1.111 billion). At the same time, payments were made in the amount of UAH 146.316 million, which is 62% less than in 2018. The remuneration of brokers in 2019 amounted to UAH 34.618 million (a rise of 17.5%).
The Verkhovna Rada vote for the law on land sale is supported by 26% of Ukrainians, while 60% are against the law adoption, the results of the social survey assessing the success of the government and society’s response to the coronavirus disease (COVID-19) epidemic and political events in the country, conducted by Kyiv International Institute of Sociology (KIIS) on April 7-11.
“If a national referendum on the sale of agricultural land was held in the next week, 26% of those who are to participate in the referendum would vote in favor of the sale of land, and 74% against the sale of land,” KIIS said in a press release.
Some 32% of respondents believe that it is better now for Ukraine to cooperate with the International Monetary Fund (IMF) receiving new loans; 46% hold another opinion and said that it is now better not to cooperate with IMF and not to receive new loans.
The survey was conducted using the CATI method (computer-assisted telephone interviews) based on a random sampling of mobile phone numbers. During the survey, some 2,000 interviews were conducted in all regions of Ukraine, controlled by the government. The sample is representative for the adult population (18 years of age and older). The statistical sampling error (with a probability of 0.95 and taking into account the design effect of 1.1) does not exceed 2.2% for indicators close to 50%, 2.1% for indicators close to 25%, 1.4% for indicators close to 10%.
National bank of Ukraine’s official rates as of 16/04/20
Source: National Bank of Ukraine
