Business news from Ukraine

Business news from Ukraine

Kholminsky distillery sold at auction for UAH 45 mln

The State Property Fund (SPF) of Ukraine has sold Kholminsky distillery in Chernihiv region for UAH 45 million at an auction in the system “Prozorro.Sales”, which is 2.9 times higher than the starting price, said the chairman of the SPF Vitaliy Koval.

“Three participants competed for the object. Its cost has increased in 2.9 times of the original”, – he wrote in Facebook and added that the FGI will continue denationalization of the alcohol industry.

The head of the FGI specified that the funds transferred by the winner of the auction to the state budget will be directed to the financing of the Defense forces of Ukraine.

According to Prozorro.Sales, the winner of the auction was Terminal Frost LLC.

According to the online resource youcontrol.com.ua, the company was registered in 2017 in Kiev. Specializes in non-specialized wholesale trade, providing financial and consulting services, renting its own or leased property. The authorized capital of the enterprise is 155 thousand UAH. The beneficiary of the enterprise is Anastasia Bashtova.

It is stated that the postal operator or express carrier must submit an additional register of international mail or express shipments if the goods are not subject to export duty or are not subject to restrictions provided for in Article 197 of the Customs Code.

Head of the Parliamentary Committee on Finance, Tax and Customs Policy Daniil Getmantsev in Telegram expressed hope that these changes will help to reduce business costs and speed up logistics.

As reported, the Verkhovna Rada adopted as a whole the bill No. 9456 on amendments to the Customs Code of Ukraine regarding customs clearance of biomethane.

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Polish farmers started blocking movement of buses at one of checkpoints

Polish protesters at 11 o’clock began blocking the movement of buses at the approach to the checkpoint (BCP) “Medika – Shegini”, the State Border Guard Service of Ukraine reports.

“At the checkpoint “Medika – Shegini” began blocking the movement of buses,” the State Border Service said in a message in its Telegram channel on Wednesday.

“According to information from Polish colleagues the restriction of bus traffic began today at about 11:10. Its organizers block traffic on the road in front of the checkpoint “Medika”, adjacent to the Ukrainian checkpoint “Shegini”,” – specifies the State Border Service.

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European Commission has paid first EUR4.5 bln from fund totaling EUR50 bln

European Union High Representative for Foreign Affairs and Security Policy Josep Borrell says that the European Commission has paid the first EUR4.5bn from the Ukrainian fund totaling EUR50bn.

He made the announcement on Wednesday in Brussels at a press conference at the end of the EU-Ukraine Association Council.

“Today we made the first disbursement of EUR4.5bn from the EUR50bn Ukrainian Aid Fund to support Ukraine’s recovery, reconstruction and modernization. Tomorrow the European Council will discuss how to further accelerate Ukraine’s accession (to the EU),” Borrell said.

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Polish authorities to ban transit of Ukrainian agricultural products from April 1 – Polish mass media

Polish authorities have agreed with farmers on subsidies per ton of grain and temporary closure of the border with Ukraine from April 1 for the transit of some agricultural products, polskieradio24.pl reported.

According to the newspaper, the document was signed by representatives of the protesting farmers, Agriculture Minister Czeslaw Seckerski and the ministry’s state secretary Michal Kolodziejczak.

The agreement envisages maintaining the current embargo on agricultural products from Ukraine, which has been in place since mid-September last year. It concerns in particular wheat, corn, wheat flour, rapeseed and sunflower.

In addition, the Minister of Agriculture must ask the Council of Ministers of the European Union to suspend the transit of these products through Polish territory as of April 1 this year.

Both sides in the signed document also consider it necessary to develop detailed rules for agri-food trade between Poland and Ukraine, but also note that the difficult situation in agriculture is the result of Russia’s aggression against Ukraine.

Farmers’ representatives in the agreement declare their government’s support for the changes to the Green Agreement. It is primarily about replacing the mandatory transfer to a voluntary ecosystem and simplifying other rules for farmers.

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TAS Insurance Group has attracted UAH 312 mln of insurance premiums in February 2024

In February 2024, TAS Insurance Group has attracted UAH 312.2 mln of insurance premiums, which is 47% higher than the amount of payments collected for the same period a year earlier.

According to the company’s website, premiums on CASCO amounted to 21.61% of the total volume, or UAH 67.47 mln, which is 26.8% higher than the corresponding figure for February 2023, on MTPL – 31.9%, or UAH 99.57 mln (+37.1%), on “Green Card” – 26.95%, or UAH 84.04 mln (+76.4%), on voluntary medical insurance – 10.2%, or UAH 31.7 mln (+97.6%).

At the same time, UAH 6,24 mln of payments have been collected under property insurance contracts, under other insurance contracts SG “TAS” has attracted UAH 23,14 mln during the reporting period.

IG “TAS” was registered in 1998. It is a universal company, offers more than 80 types of insurance products on various types of voluntary and compulsory insurance. It has an extensive regional network of 28 regional directorates and branches.

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Quotes of interbank currency market of Ukraine (UAH for €1, IN 01.12.2023-31.12.2023)

Quotes of interbank currency market of Ukraine (UAH for €1, IN 01.12.2023-31.12.2023)

 

Source: Open4Business.com.ua and experts.news