VUSO Insurance Company (Kyiv) in January-June 2018 paid UAH 6.9 million on direct settlement of cases on compulsory insurance of motor vehicle owners’ liability (OSAGO), which is 5.75 times more than in the same period a year earlier.
According to a press release of the insurer, the company’s customers began to use the method of direct settlement of losses more often and apply for compensation of damage to their insurer but not the company where the policy of the person guilty in the accident was drawn up. In this way, VUSO settled 394 insurance cases in the first half of the year, while a year earlier the figure stood at 97.
In total for the reporting period, the company collected UAH 28.5 million of premiums on OSAGO, which is 19% more than in the same period a year earlier. Some 1,717 insurance cases were settled, which is 7% more than for the same period of 2017 (1,605).
The company notes that the average amount of compensation for material damage on road accidents for this type of insurance in the first half of the year increased by 2%, to UAH 13,900.
There are both economic and strategic components in the issue of concern for the Nord Stream 2 project, while Ukraine needs to seek alternative natural gas resources, Assistant to the U.S. President for National Security Affairs John Bolton has stated.
We with the prime minister of Ukraine held a very interesting discussion on energy resources and the role Ukraine plays, what we can do in future, Bolton said at a press conference in Kyiv.
According to him, U.S. President Donald Trump, expressing concern about Nord Stream 2, stresses “not only the economic importance of this issue in Europe … but also strategic.”
Undoubtedly, this is what is connected with the monopoly of a supplier of critical energy resources … Why do you, Europe, voluntarily bind yourself even more to Russian energy suppliers? An alternative option for Ukraine and other countries is to find other natural gas sources and resources, he added.
He stressed this is the matter of policy, the government of Ukraine to look for alternative energy resources so that there is no dependence on Russia.
Bolton noted that if Nord Stream 2 is built, then Ukraine will remain in a situation of risk that Russia, even if it undertakes, will not supply sufficient volumes of gas.
One troy ounce=31.10 grams
As a result of the next wave of privatization, investors who are ready to invest in their development of Ukrainian companies should become their new owners, EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige is convinced.
Our task is to organize privatization in such a way that a real investor who will invest money will come, we need to prepare this process, he told Interfax-Ukraine.
On the one hand, it is unacceptable that sometimes this process takes so much time, but on the other hand – I would not want to see that the new owners of the companies have nothing to do with them, investors should be real, Malige noted.
As reported, in early 2018 the working group on privatization was updated. It included representatives of the Reforms Delivery Office under the Cabinet of Ministers of Ukraine, SAGSUR, the World Bank, the EBRD, the International Monetary Fund, the USAID, and the EU Delegation to Ukraine.
The working group was renewed to effectively coordinate the authorities, prepare recommendations and proposals for the draft resolutions of the Cabinet of Ministers on privatization and conditions of the sale of public property, attract international financial and technical assistance to prepare for privatization and put up the objects for sale and analyze the main problems of ensuring transparent and competitive privatization.
EBRD, FINANCE DEVELOPMENT, INVESTORS, OWNERS, PRIVATIZATION, UKRAINIAN ENTERPRISES
Ukraine as of August 22, 2018, threshed 34.2 million tonnes of early grain and leguminous crops from 9.8 million hectares (100% of the areas under the crops) with a yield of 3.47 tonnes per hectare, Ukraine’s Ministry of Agrarian Policy and Food said on its website.
According to the Ministry, last year the harvest of early grains stood at 37.3 million tonnes gathered from 9.6 million hectares.
This year, Ukrainian farmers harvested 24.4 million tonnes of winter wheat from 6.4 million hectares (100% of the plan) with a yield of 3.81 tonnes per hectare and 0.66 million tonnes of spring wheat from 0.19 million hectares (95%) with a yield of 3.53 tonnes per hectare.
The total yield of winter barley was 3.1 million tonnes harvested from 0.87 million hectares (100% of the plan) with a crop yield of 3.53 tonnes per hectare, the total yield of spring barley was 4.4 million tonnes harvested from 1.6 million hectares (99%) with a crop yield of 2.75 tonnes per hectare.
A total of 388,000 tonnes of rye was harvested from 146,000 hectares (99% of the plan) with a yield of 2.65 tonnes per hectare, 434,000 tonnes of oat from 187,000 hectares (95%) with a yield of 2.32 tonnes per hectare, and 799,000 tonnes of peas from 430,000 hectares (99%) with a yield of 1.86 tonnes per hectare.
Farmers have just started to harvest buckwheat and millet. As of August 22, the total yield of buckwheat was 5,700 tonnes from 4,800 hectares (4% to the plan) with a crop yield of 1.18 tonnes per hectare and the total yield of millet was 3,600 tonnes from 2,000 hectares (4%) with a yield of 1.82 tonnes per hectare.
The ministry also briefed on the rapeseed harvesting campaign: 2.6 million tonnes of winter rapeseeds have also been harvested this year from 969,200 hectares (100% of the plan) with a yield of 2.65 tonnes per hectare and 94,700 tonnes of spring rapeseeds from 47,000 hectares (72%) with a yield of 2.01 tonnes per hectare.
