Business news from Ukraine

Business news from Ukraine

Population forecast for Ukraine in 2030-2100

Population forecast for Ukraine in 2030-2100

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NEQSOL Holding buysUnited Mining and Chemical Company

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.

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“Express Insurance” in January-September made payments in amount of UAH 379 mln

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.

 

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Estimated number of population in regions of Ukraine based on number of active mobile sim cards (mln)

Estimated number of population in regions of Ukraine based on number of active mobile sim cards (mln)

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Zelenskyy and Plenkovych met with Ukrainian children recuperating in Croatia

In Dubrovnik, Ukrainian President Volodymyr Zelensky and Croatian Prime Minister Andrei Plenkovic met with Ukrainian children recuperating in Croatia, the press service of the head of state reported.
“Very pleased to be here today. Thanked the Prime Minister’s team for supporting our Ukrainian children, whose parents are heroes of our state, because they defend Ukraine. And there are, unfortunately, those who will remain in our hearts, in history, because they gave the most precious thing – life. We are very grateful to them. And none of us will never forget them,” – said Zelensky.
Currently, 90 Ukrainians are on vacation in the city of Split. All of them are children of soldiers of Kyiv region. Recuperation lasts 10 days and takes place within the framework of the program of the Embassy of Ukraine in Croatia for children of military men. The recreation is financed by the fund of the Honorary Consul of Ukraine in Croatia Ivica Piric. In total, more than 800 children have been able to undergo such recuperation since the beginning of the year.
“I am very glad that Croatia helps our Ukrainian children. Such assistance is very important. Such recreation allows us to support our children so that they smile. I can see it,” Zelensky noted.
Plenkovic added that the Ukrainian president’s visit to Croatia is related to the third summit “Ukraine – Southeast Europe”.
“We are here today to support Ukraine, your people and your president in the fight for your territorial integrity. We very much appreciate the heroism of your parents, with which they have been defending your state for two and a half years,” the Croatian Prime Minister said.
Zelenski and Plenkovic gave the children presents, and the children gave them flags with their signatures.

 

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Number of refugees from Ukraine in selected countries as of 30.06.2024

Number of refugees from Ukraine in selected countries as of 30.06.2024

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