Starting April 1, 2024, according to the Law “On the State Budget of Ukraine for 2024”, the minimum wage in Ukraine will increase to UAH 8 thousand. This will change the amount of certain employment-related payments, the amount of which is aligned with the minimum wage.
In particular, the maximum amount of compensation to employers will increase.
Thus, the amount of compensation for the employment of citizens who have been registered as unemployed for more than 1 month (people with disabilities, combatants and those who have no more than 5 years left before the right to an old-age pension) will now amount to UAH 8 thousand (1 minimum wage).
Compensation for the employment of young people among the registered unemployed (under 25 years of age – with less than 12 months of insurance experience; under 35 years of age – for the first job; discharged from military / alternative service – for the first job) will increase to UAH 4 thousand (50 percent of the minimum wage).
The compensation for employment of citizens who have been registered as unemployed for more than 1 month and have additional employment guarantees or have been registered for more than 6 months will increase to UAH 3,520 (double the minimum insurance premium, which is 22 percent of the minimum wage).
Compensation for the employment of internally displaced persons during martial law will amount to UAH 8 thousand (1 minimum wage) starting from April 1, 2024. At the same time, the compensation of employer’s expenses for labor remuneration of IDPs hired by the employment centers will increase to UAH 16 thousand (2 minimum wages).
The amount of partial unemployment benefits per employee or individual entrepreneur will also increase to UAH 4 thousand (50% of the minimum wage).
The maximum amount of remuneration for participation in public works will also increase and from April 1 will amount to UAH 12 thousand per month (1.5 times the minimum wage).
For reference: Since the beginning of 2024, 295 employers in the capital have used the compensation programs of the Kyiv SLC and received payments in the amount of over UAH 7 million.
compensation to employers, LAW, minimum wage, State Budget of Ukraine, WAGES
Number of vacancies as of 01.12.2023 (thousand units) according to data of state employment center
Source: Open4Business.com.ua and experts.news
Efarm Pro and “Kobzarenko Plant” LLC presented a demining machine “People’s deminer”, which has already passed the first successful tests at a military training ground and is now at the certification stage, First Deputy Prime Minister of Economy Yulia Sviridenko said.
“Efarm Pro and Kobzarenko Plant LLC, which are participants of our innovation bootcamp, presented the “People’s deminer”. It has already passed the first successful tests at a military training ground. The machine is currently undergoing certification,” she wrote on Facebook.
According to her information, the system implies automatic work on large areas with an accuracy of up to 2 centimeters along a given route. The prototype was developed on the basis of the Ukrainian tractor T-156, but it was fully modernized. The machine can be controlled remotely.
“This is another step towards the safety of both our people and our lands,” Sviridenko summarized.
Kobzarenko Plant was founded in 1993 as a Ukrainian-German enterprise “Fligel” (renamed to “Kobzarenko Plant” in 2008). The company started its activity with the production of wheelbarrows and carts for homesteading. Currently it is the leading Ukrainian manufacturer of tractor trailers, hoppers, tankers, fertilizer spreaders, etc. As of 2018, the plant employed 700 workers.
It has two production workshops and warehouse complexes in Sumy region, as well as a plant in Poland Kobzarenko Sp. z.o.o., which manufactures machinery and works as a service center for start-up, maintenance, debugging of machinery in Europe and Poland.
Efarm pro brand belongs to Gardarika Tres LLC (Gardarika Tres LLC) – manufacturer and distributor of agro-equipment. It specializes in the production and sale of precision farming systems. Registered in 2014 in Kiev, has a production site in Sumy region.
Demining Machine, Efarm Pro, Kobzarenko Plant, Yulia Sviridenko
Shareholders of PJSC Insurance Company Nadiyna (Kyiv) at the meeting on April 17 will consider the issue of increasing the authorized capital up to UAH 32 million by conducting an additional issue of shares in the amount of UAH 17 million.
In the agenda of the meeting, published in the information disclosure system of the National Commission on Securities and Stock Market (NCSSM), it is noted that the issue will be made by increasing the nominal value of each share from UAH 1.875 thousand to UAH 4 thousand at the expense of directing to the authorized capital of the company part of the profit for 2023, namely UAH 17 million.
As reported, IC “Nadiina” in January-September 2023 has collected insurance premiums in the amount of UAH 99,575 mln, which is by 1,68% more than in the same period last year. Net premiums increased 3,01 times – up to UAH 44,430 mln, and earned premiums – 3,55 times, up to UAH 44,086 mln.
The volume of insurance payments and indemnities made by the company for the nine months of 2023 compared to the same period of 2022 has grown 3,04 times – up to UAH 5,721 mln. Thus, the level of payouts has grown by 3,83 p.p. – to 5.75%.
Profit from operating activities in January-September 2023 has grown to UAH 27,042 mln, and net profit of the insurer has increased to UAH 25,198 mln.
IC Nadijna was registered in the Unified state register of legal entities, physical persons-entrepreneurs in 2006.
Additive manufacturing reduces production and time costs while meeting the highest safety standards in the industry
CRANBURY TOWNSHIP, Pennsylvania, March 2024 – Westinghouse Electric recently achieved a new milestone by producing its 1,000th fuel plate using additive manufacturing (3D printing). This is an important achievement for the industry: the first time additive manufacturing has been used to produce safety-related components that have entered mass production.
A fuel assembly component manufactured using additive manufacturing
The current additive manufacturing plates are installed in VVER-440 fuel assemblies, allowing for redesign of the lower part of the assemblies. This ensures their more reliable operation.
“This achievement demonstrates the development of additive manufacturing from prototyping to full-scale production. In addition, it creates concrete value for our customers,” said Lou Martinez Sancho, chief technology officer and executive vice president of research and innovation at Westinghouse. He also added: “This is yet another leading-edge achievement for Westinghouse in additive manufacturing technology, supporting our strategic plans to improve safety, efficiency, sustainability and energy security.”
The move continues Westinghouse’s leadership in using additive manufacturing in the nuclear industry to achieve cost and time reductions and to deliver advanced energy production solutions. In 2015, the company conducted the first-ever radiation exposure study of nuclear reactor components manufactured using additive manufacturing. In 2020, Westinghouse installed the first safety-related component made using additive manufacturing, a plugging device, in an active commercial reactor.
###
The Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear technologies to utilities around the world. Westinghouse installed the world’s first commercial water-water reactor in 1957, and the company’s technology powers nearly half of the world’s active nuclear power plants. More than 135 years of innovation make Westinghouse the partner of choice for advanced technologies spanning the entire nuclear energy lifecycle. For more information, visit www.westinghousenuclear.com and follow us on Facebook, LinkedIn and Twitter.
In March, JSC OTP BANK made another transfer of UAH 1 million to the account of the Superhumans Center. The total amount of funds that the Bank has already transferred to the prosthetics and rehabilitation center is almost UAH 30 million.
In February, this non-profit project also received UAH 1 million from the Bank. The transfers are made under the charitable donation agreement for 2023-2024 concluded between OTP BANK and Superhumans Center, which provides for monthly support to the center. The funds are allocated to two crucial areas: support for the heroes, their return to social life and the creation of an educational center to scale up assistance and training of prosthetics specialists.
In 2023, OTP BANK held two charity auctions, during which it raised UAH 8.8 million. All funds were allocated to the prosthetics and rehabilitation center.
Bank of the prosthetics and rehabilitation center, OTP BANK, Superhumans Center, TRANSFER
