Business news from Ukraine

Business news from Ukraine

Dynamics of reserves of Ukraine from 2012 to 2024, million USD

Dynamics of reserves of Ukraine from 2012 to 2024, million USD

Open4Business.com.ua

Number of debts for fines of Transfer Pricing Commission increased by 2 times in year

Only 39% of overdue fines have been paid this year

The number of debts for fines issued due to violations of military registration rules is growing in Ukraine. According to the Ministry of Justice, more than 21 thousand proceedings for violation of military registration were recorded in Ukraine in 10 months of 2024. This is already 2 times more than in the whole of 2023. Only one in three overdue fines has been paid this year. The vast majority of debts are owed by men, but there are currently more fines for women.

21,336 debts for fines due to violations of military registration rules were opened in Ukraine this year. This is 2 times more than for the whole of last year: 10,542 proceedings were registered in the Register then.

You cancheck the fines from the Transfer Pricing Commission that have been enforced in the Opendatabot.

Only one in three proceedings was closed this year, which means that the fine was paid. For comparison, out of 10,542 debts for fines from the TCC last year, 72% of cases were closed.

The overwhelming majority of debts are registered against men – 21,161 proceedings, or 99%. However, there are more women who have fines for violating the rules of military registration. Over the year, the number of proceedings against women increased 1.4 times: from 121 last year to 175 this year.

As a reminder, on October 1, 2023, military registration became mandatory in Ukraine for women in certain professions aged 18 to 60. To avoid a fine, women had to register by July 17, 2024.

It should be noted that debtors are subject to a number of restrictions, such as opening new bank accounts, blocking current ones, inability to register various transactions through notaries, etc. At the same time, such penalties also have image implications, as the register is public, and therefore the information in it can be checked, in particular, by employers when hiring.

https://opendatabot.ua/analytics/tck-fines-11-2024

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State specialized economic enterprise “Forests of Ukraine” has announced tender for MTPL insurance with budget of 9.5 mln hryvnias

The State Specialized Economic Enterprise “Forests of Ukraine” on November 5 announced a tender for compulsory insurance of motor civil liability of owners of land vehicles (OSAGO).
As reported in the electronic public procurement system Prozorro, the expected cost of purchasing insurance services is UAH 9.534 million.
The deadline for submitting bids for the tender is November 13.

 

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Three construction companies of Ukraine will unite into consortium

Global Build Engineering (Ternopil), Spets-Bud Standard (Ternopil region) and Uniontransbuilding (Lutsk) have received permission from the Antimonopoly Committee of Ukraine to create a consortium called Global Roads Group. The relevant decision on granting permission for concerted actions of the companies was made by the Antimonopoly Committee of Ukraine on October 31.

According to Opendatabot, the owner and beneficiary of Global Build Engineering LLC is Serhiy Tolstikov. The company is engaged in the construction of residential and non-residential buildings, roads and highways.

According to the financial results for 2023, “Global Build Engineering” reduced net income by 32% – to UAH 45 million, while increasing net profit threefold – to UAH 340 thousand.

Petr Zemba is the owner and ultimate beneficiary of Spets-Bud Standard LLC. The main type of activity is road construction. According to the results of 2023, the net income of the company increased by 24% – to UAH 67 million, while net profit decreased 11 times – to UAH 14.2 thousand.

The owner of Uniontransbuilding LLC is listed as Andriy Podosovsky. The company is also engaged in the construction of buildings. According to the results of 2023, the company increased net income 3.8 times – up to UAH 186 million, net profit – four times, up to UAH 2.7 million.

 

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Structure of foreign exchange reserves as of 31.07.2024

Structure of foreign exchange reserves as of 31.07.2024

Open4Business.com.ua

Uzbek exporters of fruits and vegetables will be reimbursed up to 15% of air transportation costs

In Uzbekistan, the Trade Development Company (TDC) will reimburse transportation costs for exports of fruit and vegetable products.

According to the Chamber of Commerce and Industry of the Republic of Uzbekistan, the funds are provided to exporting companies after the products are shipped abroad by air. The amount of payments depends on the country of destination and the volume of goods.

For deliveries to China or Afghanistan, 13% of the cost will be paid. For exports to other countries (except those bordering Uzbekistan), the compensation will be 15%.

The CRT was established by a presidential decree and is managed by the Chamber of Commerce and Industry. It is responsible for the distribution of funds from the Trade Promotion Fund, in particular for export subsidies.

The organization covers the costs of transportation, renting foreign offices, warehouses, retail space, insurance, and advertising. It also helps businesses establish cooperation with foreign brands and attract foreign specialists.

https://east-fruit.com/novosti/uzbekistanskim-eksporteram-ovoshchey-i-fruktov-kompensiruyut-do-15-stoimosti-zatrat-na-aviaperevozku/Tags.

 

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