The volume of reinsurance by Ukrainian insurers in Austria in 2019 grew 2.5-fold, to UAH 639 million, being 19.4% of the total reinsurance volume abroad (8.5% in 2018), according to a posting on the website of the National Commission for Financial Service Markets Regulation of Ukraine.
The share of reinsurance in Germany increased from 18.6% in 2018 to 22.3% in 2019 (to UAH 535 million), the U.K. it decreased from 23.7% to 17.3%, to UAH 569.9 million, Poland it decreased from 12.4% to 10% (UAH 331.3 million), in Switzerland decreased from 10.6% to 7% (UAH 229.8 million), in France increased to 6% from 5% (UAH 196.8 million), in the United States decreased from 4.2% to 3.6% (UAH 119.6 million).
According to the regulator, outbound reinsurance operations for the reporting period decreased 6.8%, to UAH 16.713 billion. In addition, reinsurance with nonresident reinsurers increased 10%, to UAH 3.298 billion.
Payments compensated by resident reinsurers amounted to UAH 297.8 million, which is 30.9% less than in 2018, for nonresident reinsurers it was UAH 2.21 billion, or 9% more than in 2018.
In relation to gross insurance premiums, the share of outbound reinsurance as at December 31, 2019 was 31.5%, which is 4.8 percentage points less than on the same date a year earlier.
Four companies filed documents to participate in the tender for the construction of a waste recycling complex in Lviv, Mayor of the city Andriy Sadovy has written on his Facebook page. “Lviv-based municipal enterprise Zelene Misto Green City received technical proposals from four participants (due to pandemic the European Bank for Reconstruction and Development approved that this may be online),” the mayor of Lviv said.
According to him, the documents were submitted by the following companies: Eggersmann Anlagenbau GmbH (Germany), Control Process S.A. (Poland), consortium of two companies WTT (Netherlands) and Axis (Lithuania), consortium of two companies MUT (Austria) and Dogusan (Turkey).
“Each of these companies has implemented at least four similar projects. Such experience is a guarantee of quality for us. The plant must be environmentally safe, this is the main criterion when choosing a contractor,” Sadovy said.
According to the mayor of Lviv, preparatory work is currently underway on the site allocated for the construction of the plant.
According to the City Council, the design capacity of the plant should be 240,000 tonnes of waste per year when working on a double-shift basis.
AUSTRIA, COMPANIES, GERMANY, NETHERLANDS, PLANT CONSTRUCTION, POLAND, RECYCLING, TURKEY
Kharkiv Palace five-star hotel belonged to businessman Oleksandr Yaroslavsky and Vertex Hotel Group, which operates President Hotel in Kyiv and Bristol, Londonskaya and Formula Wellness Spa in Odesa, are developing projects to launch casinos in their premises.
“The casino project we have been working for a long time, it is necessary that the legislative framework has come to a logical conclusion. We have experience on the use of our premises with potential investors. And this crisis does not stop these plans,” General Manager of Kharkiv Palace Hotel Atis Zaharans said during the online conference entitled “Hotel Market in Crisis.”
The facility has 171 rooms, three restaurants, and large conference rooms.
“At present, we continue to work, but we have removed part of the rooms to save money. We have saved only those rooms that are necessary. We serve all guests through the room service, since all the restaurants and bars are closed, as well as the spa center… Only several rooms are occupied, no more than a dozen or two,” Zaharans said.
According to Regional Director of Vertex Hotel Group Olena Varivoda, the company is also working on a project to open a casino in the hotel’s area, without indicating which one.
“We have the opportunity to open a casino in the hotel. There is a project that we are working on, an additional service – a casino – in our area. Project work is underway to prepare this part of the hotel,” she said.
She also added that since the beginning of quarantine in Ukraine, Vertex Hotel Group immediately closed hotels such as Londonskaya and Formula Wellness Spa. At the end of March, the President Hotel in Kyiv was closed, and at the beginning of April, the Odesa Bristol was closed too.
The government at its meeting on April 15 will address the issue with salaries for the medical men, who fight against coronavirus, Health Minister of Ukraine Maksym Stepanov said during a press briefing in Kyiv on Monday morning.
“During the next meeting of the government, amendments will be made to the resolution regarding the settlement of the issue of 300% salary for medical men in March,” the minister said.
Official rates of banking metals from national bank as of April 13
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 13/04/20
Source: National Bank of Ukraine
