“Intergal-Bud” has received certificates of commissioning of the first house of Residential Complex CITY HUB and the tenth house in Residential Complex “Nivki Park”, the press service of the company reported.
According to the data of the Unified State Electronic System in the sphere of construction, in the commissioned first house of Residential Complex CITY HUB – 255 apartments, in the tenth house of Residential Complex “Nivki City” – 283 apartments.
Intergal-Bud” reminds that the certificate of construction completion is the basis for participation of the object in the state programs “єOsela” and “єVidnovlenia”.
CITY HUB is a business class project located in Solomenskyi district of the capital, on Mokra Street (Kudryashova Street), 8-10. The residential complex will have two houses, which are united by a stylobate, under which there is a large parking lot for 300 cars.
LCD “Nivki Park” at 67 Beresteisky Ave. is a comfort class project, 12 residential buildings with height of 12, 16-17 floors, 2931 apartments in total. The complex includes an underground parking lot for 580 parking spaces.
The construction company “Intergal-Bud” has been working in the market of residential real estate since 2003. The company has built 170 houses, 20 residential projects are at the stage of realization. The total area of the projects is 4.6 mln sq. m.
INTERGAL-BUD, REAL ESTATE, Residential Complex CITY HUB, Residential Complex Nivki Park
Structure of foreign exchange reserves as of 30.10.2023
Source: Open4Business.com.ua and experts.news
The National Bank of Ukraine (NBU) has included two companies Risk End Life Consulting LLC and Universal Insurance Brokers and Consultants LLC into the State Register of Insurance and Reinsurance Brokers.
According to the NBU website, the decision was made on March 8
Risk End Life Consulting LLC was registered in Kiev in July 2009. The authorized capital is UAH 63 mln.
LLC Insurance Broker “Universal Insurance Brokers and Consultants” was registered in Kiev in March 2010. Authorized capital is UAH 20 th.
According to the NBU data as of March 1, 2024 there were 37 insurance and reinsurance brokers registered in Ukraine.
Insurance company Busin (Kyiv) has collected UAH 293.238 mln of gross premiums in 2023, that is by 10.63% less than a year earlier, the rating agency Standard-Rating reported in the information on updating the credit rating/rating of financial stability of the insurer at the level of “uaAA+” on the national scale on the basis of the analysis of its statements for the specified period.
According to the report, receipts from individuals for this period have grown by 7,19% – to UAH 1,446 mln, and from reinsurers, on the contrary, have decreased by 7,39% – to UAH 43,182 mln.
Insurance payments sent to reinsurers for 2023 decreased by 10.62% compared to 2022 – to UAH 193.951 million. Despite such decrease, the ratio of reinsurers’ participation in insurance premiums remained almost unchanged – at the level of 66.14%.
Net premiums for the year decreased by 10.65% – to UAH 99.287 mln, while earned premiums increased by 30.89% – to UAH 114.479 mln.
For 2023, the company paid UAH 1,317 mln of insurance payments and indemnities to its clients, which is 91,70% more than for 2022. Thus, the level of payments has increased by 0,24 p.p. – to 0,45%.
The financial result from operating activity of IC “Busin” for 2023 has grown to UAH 65,143 mln, and net profit has amounted to UAH 55,218 mln.
Assets of the insurer on January 1, 2024 have decreased by 4,04% – to UAH 586,909 mln, shareholders’ equity has increased by 20,88% – to UAH 243,016 mln, liabilities have decreased by 16,25% – to UAH 343,893 mln, cash and cash equivalents have increased by 25,97% – to UAH 265,873 mln.
According to the information provided by RA IC “Busin”, as of January 1, 2024 has complied with the criteria of liquidity, profitability and quality of insurer assets, solvency and capital adequacy norms, riskiness norms of operations and asset quality norms.
IC Busin was registered in February, 1993. It specializes on risky types of insurance. It is a member of a number of professional and branch associations – League of Insurance Organizations of Ukraine, National Club of Insurance Payouts, International Association of Aviation Insurers (UA), Nuclear Insurance Pool, American Chamber in Ukraine, British Business Club.
Payment system NovaPay remained the leader in transfers of funds within the country by system in 2023, but the share of transfers made through it again decreased – to 32% from 35% at the end of the first half of 2023 and 45% for May-December 2022, according to the data of the National Bank of Ukraine (NBU)
Payment system Moneycom LLC “Swift Garant” for the year increased its market share to 17.57% from 2.51% in May-December 2022, jumping from seventh place in the ranking to second place, which was previously occupied by the payment system LEO, whose registration was revoked by the NBU in March last year.
In the second half of 2023, Moneycom also surpassed Financial World Ukrainian Payment System LLC, increasing its market share by 5.2 percentage points.
PrivatBank’s PrivatMoney moved from sixth to third place in the ranking, with its market share increasing from 2.61% in 2022 to 15.98% by the end of 2023. In particular, PrivatMoney’s market share increased by 10.3 p. p. in the second half of last year. This allowed the payment systems City 24 FC Phoenix, Financial World and Postal Transfer of Ukrposhta JSC, whose registration was revoked by the National Bank in the second half of 2023, to be ahead of the payment systems City 24 FC Phoenix, Financial World and Postal Transfer of Ukrposhta JSC.
As a result, “Financial World” for the year fell in the rating from the third place to the fourth, although its share increased from 12.72% to 15.00% (with a slight decrease of 0.6 p.p. in the second half of the year).
Rounding out the top five with 5.35% is Platiservice payment system of the same name LLC, which jumped from eighth place in the ranking in 2022 (1.74%). The company managed to bypass City 24 FC Phoenix, which took the seventh position with a share of 4.16% in 2023, positioned between Postal Transfer (5.34%) and LEO (1.48%).
In terms of participants, the share of NovaPay decreased to 32.23% (from 45.46% in 2022 and 35.58% in the first half of 2023), from fifth to second position went Swift Guarant, whose share increased from 3.79% to 20.66%, from fourth to third – FC Kontraktovy Dom with an increase in share from 9.92% to 13.06%, from sixth to fourth – PrivatBank with an increase in share from 2.61% to 12.36%. Ukrposhta with 5.35% (12.22%), which was second a year earlier, rounds out the top five.
According to the NBU, 844.55 million domestic transfers worth UAH 728.01 billion (or $19.9 billion in equivalent) were made in 2023, the average amount of one transfer within Ukraine amounted to UAH 862. For comparison for May-December 2022 transfers were 446.35 million for 292.6 billion UAH.
It is indicated that as of January 1 of this year, activities in the country were carried out by 35 systems of funds transfer, of which – 26 resident and nine non-resident.
Ukraine’s public debt to GDP ratio from 2009 to 2023 (UAH mln)
Source: Open4Business.com.ua and experts.news
