Number of unemployed in Ukraine and job opportunities, 2023-2024
Open4Business.com.ua
The United Kingdom has fallen to seventh place in the world in terms of the total capitalization of companies traded in the country, passing the Canadian market, Bloomberg writes.
Since the beginning of the year, the market value of companies traded in Canada has increased by 11% to $3.22 trillion.
The British stock market, which was once among the world’s leaders, is also inferior to the United States, China, Japan, Hong Kong, and India. Last year, it also passed France, but due to the difficult political situation in the neighboring country, the UK regained its status as Europe’s largest equity market earlier this year.
Over the past decade, Canadian companies have increased their capitalization by about $1 trillion, while British companies have lost about the same amount.
Brian Madden, head of First Avenue Investment Counsel, attributes this mixed performance to the UK’s decision to leave the European Union. In addition, the tech sector has an extremely small share in the main British stock index, the FTSE 100, at only 1% compared to 8.4% in Canada. In the US stock index S&P 500, high-tech companies have a share of about 30%.
Bloomberg notes that since 2022, there has not been a single IPO in Canada. However, during the same period, the Toronto Stock Exchange lured 51 companies from competing trading platforms.
Meanwhile, London still ranks second in the ranking of the world’s largest financial centers, second only to New York. Toronto ranks 23rd on the list. In addition, 11% of all global assets are managed from the UK.
Ukraine defeated Georgia 1-0 and secured their first win in the Nations League soccer draw, Suspilnoe Sport reported on Friday night.
Despite the first victory, Ukraine continues to go in last place in the Nations League group, behind Albania in head-to-head meetings: 1. Georgia – 6 points (3 matches), 5:2 (goal difference); 2. Czech Republic – 6 points (3), 6:6; 3. Albania – 3 (3), 2:4; 4. Ukraine – 3 (3), 4:5.
It is reported that the next match Ukraine will play against the Czech Republic on Monday, October 14.
Population forecast for Ukraine in 2030-2100
Open4Business.com.ua
The state-owned stake of 100% of the authorized capital of United Mining and Chemical Company JSC was offered to be paid UAH 39 million more than the starting price of the privatization auction of the State Property Fund of Ukraine.
NADRA.INFO reports with reference to the data of the UBIZ.ua platform, accredited by Prozorro.Sale JSC.
The price offer of UAH 3,938,351,581 was received from Cemin Ukraine LLC, a member of the NEQSOL Holding group of Nasib Hasanov (Azerbaijan) (YouControl).
NEQSOL Holding in Ukraine is headed by Volodymyr Lavrenchuk. The group is a member of the EBA Subsoil Committee.
Cemin Ukraine was the only bidder to buy UMCC (Minutes).
“NEQSOL Holding has taken this step as a potential strategic investor, which, if recognized as the winner, plans to implement plans for modernization, development of new products using deep processing of raw materials and expansion in global markets along with fulfilling all privatization obligations covering social, environmental and technical aspects. Currently, NEQSOL Holding is waiting for the privatization process to be completed and its official results to be announced in accordance with the applicable procedures,” Volodymyr Lavrenchuk, Regional Director of NEQSOL Holding in Ukraine, told NADRA.INFO.
THE NEWS HAS BEEN UPDATED:
At 22:41 on Tuesday, 08.10.2024, the State Property Fund of Ukraine published an announcement on the redemption of UMCC shares on its Facebook page:
“The team of the State Property Fund of Ukraine held an online privatization auction for the sale of a state-owned stake of 100% of the authorized capital of United Mining and Chemical Company JSC. The purchase took place in the electronic system Prozorro.Sale.
…
the buyer is obliged to maintain the main activities of the enterprise, invest at least UAH 400 million in technical re-equipment and modernization. It is also obliged to pay off wage and budget arrears and repay overdue accounts payable.
The privatization of this enterprise opens up new opportunities for the development of Ukraine’s titanium industry. Attracting private capital will help improve the technological level of production, expand export opportunities and create new jobs. This will be an important step towards increasing the competitiveness of the Ukrainian industry on the global stage.
We have witnessed an important event for the economic development of the country, as all proceeds from the sale will go to the state budget of Ukraine, thereby strengthening our defense capabilities in the fight against the aggressor,” the SPFU said in a statement.
If a decision is made to privatize the facility through a buyout, VAT will be charged on the price offered by the bidder (sale price) in accordance with the Tax Code of Ukraine.
As a reminder, the Government has approved the starting price of the company at UAH 3.9 billion with the buyer’s investment obligations of at least UAH 0.4 billion.
IC “Express Insurance” (Kiev) in January-September 2024 made payments in the amount of UAH 379,2 mln, that is by 61,6% or by UAH 143,8 mln more than the indicator for the same period of 2023, the insurer’s website reports.
Including payments on hull insurance amounted to UAH 319 million (+55.5%), on MTPL – UAH 49.8 million (2.3 times more), on voluntary health insurance – UAH 4.5 million (-11.1%), payments under other insurance contracts – UAH 5.9 million (+65.2%).
At the same time, the company reports that in September 2024 payments to clients amounted to UAH 39 mln (+35.9%) more than in September 2023. In particular, the company paid UAH 31.6 mln (+28.9%) under hull insurance contracts, and UAH 5.5 mln (+58.4%) under CMTPL insurance.
Express Insurance ALC was founded in 2008 and is a part of UkrAVTO group of companies. The company specializes in automobile insurance. Stable high speed of events settlement in IC is provided by optimal interaction with partner service stations.
Since April, 2012 IC Express Insurance is an associated member of the Motor Transport Insurance Bureau of Ukraine.
