Business news from Ukraine

Business news from Ukraine

Number of dead and wounded civilians in Ukraine from 24.02.2022 till 31.07.2024 un data

Number of dead and wounded civilians in Ukraine from 24.02.2022 till 31.07.2024 un data

Open4Business.com.ua

National Police suspects Avtomagistral-Yug of causing damage to state for UAH 1 bln

The National Police of Ukraine and the Department of Strategic Investigations conducted searches at the place of work and residence of employees of the construction company suspected of causing damage to the state for more than 1 billion UAH due to violations in tenders.

“In the course of pre-trial investigation it was established that the officials of the company by means of “artificial” markup in the supply chain of inventories illegally increased the cost of goods, made false information in the acts of work performed, which caused damage to the state budget in especially large amounts – in the amount of more than 1 billion UAH”, – stated in the message of law enforcers.

The press release does not contain the name of the company, but it is stated that it is a construction company “carrying out repair and construction works on state infrastructure facilities”. The company is suspected of violating tender procedures and unauthorized setting prices for the cost of works in different regions of Ukraine.

It is noted that the urgency of the searches was due to the information received about the possibility of destroying documents indicative of criminal activity.

“The activity of the enterprise is not blocked, it continues to function in normal mode”, – emphasized in a press release of the National police.

Earlier on Monday about searches in the office of the company and apartments of its employees reported construction company “Avtomagistral-Yug”. According to the company, the procedural actions were carried out without a court order by the decision of the investigator of the Main Investigation Department of the National Police together with the Department of Strategic Investigations.

According to the company, the searches were carried out within the framework of a criminal case concerning a number of tenders that Avtomagistral-Yug won at different times in different regions. The company emphasized that the claims of the investigators concern the value of the contracts, which were determined in the course of open tenders.

“Procedural actions were conducted on the basis of fabricated criminal proceedings based on the assumptions of investigators (…) We perceive the brutal actions of law enforcement agencies as classic raiding: an attempt to intimidate employees and their families, paralyze the work, and then destroy the company,” the company stressed.

LLC “Avtomagistral-Yug” has been on the market since 2004. It designs and builds expressways, bridges, interchanges, airfield complexes, hydraulic structures. The owner of the company is listed in Opendatabot information as Alexander Boyko. According to the financial results for 2023, the company’s net profit amounted to UAH 624.9 mln, income – UAH 8.215 bln. In terms of revenue, the company became the first among construction companies last year, follows from the data of Opendatabot.

The company noted that among the completed projects are important infrastructure facilities for the state. “The company lent Ukraine more than UAH 8 billion, completing important for the country objects even in the absence of financing,” – follows from the message of the press service of the company.

https://interfax.com.ua/

 

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Financing state budget deficit, bln UAH

Financing state budget deficit, bln UAH

Open4Business.com.ua

Germany has lowest unemployment rate among largest eurozone countries, Spain highest

Unemployment in the eurozone was 6.4% in August, unchanged from the July level, according to the European Union Statistical Office. This is the lowest figure since the calculations were made. The data coincided with the consensus forecast of analysts cited by Trading Economics.
In August 2023, unemployment in the euro area was at 6.6%. The number of unemployed people in the region decreased by 95 thousand in the month before last compared to July, to 10.925 million. Youth unemployment (population under 25) fell to 14.1% from 14.2% a month earlier.
The lowest unemployment rate among the largest eurozone countries was recorded in Germany (3.5%, the same as in July), and the highest in Spain (11.3%, down 0.1 percentage point). In France, the unemployment rate remained unchanged at 7.5% in August, while in Italy it dropped to 6.2% from 6.4%.
Overall, in the European Union, unemployment fell to 5.9% last month from 6% in July.

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Ukraine national futsal team defeats France in match for third place – 7:1

Ukraine national futsal team defeated France in the match for the third place – 7:1. The goals for Ukraine were scored by Igor Chernyavsky, Mykhailo Zvarich, Yevhen Zhuk and Daniil Abakshin, follows from the broadcast of the match.

For the Ukrainian team – this is the first medals at the world championship.

Argentina and Brazil, the teams Ukraine lost to at the tournament, will play in the final.

 

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Swiss company will help with demining of Kyiv region

Swiss company LLC Global Clearance Solutions Ukraine will join the demining of territories in Kyiv region, the press service of the Kyiv Regional Military Administration (KOVA) reports.
As reported, the relevant Memorandum was signed by the head of KOVA Ruslan Kravchenko and the CEO of the Swiss company “LLC Global Clearance Solutions Ukraine” Dmitry Salimonov. This is a company by engineering and production facilities in Germany and representative offices around the world.
“After the fighting in the de-occupied territories of Kyivshchyna, there are a lot of explosive objects left. There are great dangers for the civilian population. Specialists of the State Emergency Situations Service continue demining works, but exclusively the forces of Ukrainian specialists and budget funds are not enough. Therefore, we attract certified operators, as well as funding from international partners, so that demining does not stretch for many years. Another important issue is the proper amount of professional equipment,” Kravchenko explained.
It is noted that the Swiss company provides a wide range of mine action assistance, in particular project management, consulting, survey and cleanup, capacity building, and training.

 

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