The medical laboratory Cinevo has reopened 95% of its branches and 85% of its franchise outlets that were closed after the start of the full-scale invasion.
According to the medical laboratory in its press release, the Cinevo Ukraine laboratory network currently has 330 laboratory locations in 137 settlements, while before the full-scale invasion the network had 352 locations in 155 settlements.
The network also has seven operating laboratories in Kyiv, Lviv, Chernivtsi, Vinnytsia, Odesa, Kherson, and Dnipro.
In addition, the network reports that Cinevo has reopened its laboratory in Kharkiv, which, like the laboratory in Kharkiv, has been suspended since the full-scale invasion for security reasons.
Synevo Ukraine, a European network of medical laboratories, is part of Medicover, a leading international healthcare and diagnostic services company. The international laboratory network Synevo is represented in 10 European countries, and Synevo laboratories operate in Germany, Poland, Romania, Turkey, Georgia, Moldova, Bulgaria, Serbia, Bosnia and Herzegovina. In 2017, Cinévo Ukraine, as part of Medicover, was listed on the Nasdaq Stockholm, becoming the first and only healthcare company in Ukraine to complete an IPO.
The U.S. Department of Agriculture (USDA) in its August forecast improved the forecast of wheat harvest in Ukraine in the beginning of the 2023/24 marketing year (MY) from 17.5 million tons to 21 million tons, corn – from 25 million tons to 27.5 million tons due to larger than expected planted areas and the second highest yield in history.
At the same time, the document notes, due to the discontinuation of the Black Sea Grain Initiative, the export forecast was kept unchanged at 10.5 million tons and 19.5 million tons, respectively.
As a result, USDA for wheat raised the forecast for domestic consumption from 7.1 million tons to 8.1 million tons, and transitional residues at the end of MY – from 1.59 million tons to 4.13 million tons, while for corn, the entire crop growth forecast is balanced by an increase in expected transitional residues – from 1.89 million tons to 3.89 million tons.
Overall, the U.S. agency increased its forecast for this year’s feed grain harvest in Ukraine from 31.47 million tons to 33.97 million tons, estimating their exports at 21.37 million tons and raising the forecast for transitional residues from 2.27 million tons to 4.77 million tons.
In the update, USDA estimated last MY 2022/23 wheat crop, the same as a month ago, at 21.5 million tons vs. 33.01 million tons a year earlier, and exports at 16.8 million tons vs. 18.84 million tons, respectively, while reducing transitional residues from 5.27 million tons to 1.65 million tons.
The USDA sees the feed grain harvest falling to 33.93 million tons from 53.51 million tons in MY 2021/22, while exports fell to just 30.80 million tons from 32.93 million tons due to a reduction in transitional residues from 8.69 million tons to 2.15 million tons.
Including the corn crop, last MY’s harvest fell to 27 million tons from 42.13 million tons a year earlier, while exports rose to 28 million tons from 26.98 million tons, also due to a reduction in transitional residue from 7.59 million tons to 1.39 million tons.
USDA’s new forecast for the global wheat crop in MY 2023/24 is projected to reach 793.4 million tons, down 3.3 million tons from the previous forecast. Total wheat exports are forecast at 209.4 million tons, 2.23 million tons less than previously expected. Analysts projected final world wheat stocks at the end of MY at 265.6 million tons, 0.92 million tons less than the previous forecast.
For corn, the estimate for this year’s world harvest was lowered by almost 11 million tons to 1 billion 213.5 million tons, while exports were lowered by 2.07 million tons to 196.19 million tons.
The U.S. Department of Agriculture lowered its forecast for U.S. wheat production by 0.13 million tons to 47.2 million tons. Exports are expected at 19.05 million tons (-0.68 million tons).
Corn harvest is down 5.71 million tons to 398.82 million tons and exports are down 1.27 million tons to 58.65 million tons.
In the EU, USDA worsened its wheat crop estimate by 3 million tons to 135 million tons, keeping exports at 38.5 million tons.
For coarse grains, the EU crop forecast has been worsened by 6.85 million tons to 136.45 million tons and exports by 2.21 million tons to 10.59 million tons, with the estimated corn crop now down 3.7 million tons to 59.7 million tons and exports down 0.9 million tons to 4.1 million tons.
For Russia, the forecast for wheat exports at the same crop estimate of 85 million tons is increased by 0.5 million tons to 48 million tons, and coarse grains is kept at 8.91 million tons with the crop estimate lowered by 2.85 million tons to 39.4 million tons. Including corn, exports are still expected at the level of 4.2 million tons with a decrease in the harvest by 1.7 million tons – to 14.6 million tons.
PJSC IC “ROM Ukraine Life Insurance” (Kiev) has made 927 insurance payments for the total amount of UAH 22,6 mln following the results of six months of 2023, that is by 9,2% more than for the same period of 2022.
According to the press release of the insurer, almost 50% of the amount falls on payments of the accumulated amount due to the termination of insurance contracts.
Payments on other insurance events exceeded UAH 11,7 mln. Mostly they have been made on cases of traumatization, occurrence of critical illnesses, receipt of various disability groups by the clients of the company. At the same time, almost 60% of insured events are payments related to traumatic injuries of insured persons.
The amount of insurance payments of “ROM Ukraine Life Insurance” for the first half of this year is UAH 2 mln more than for the same period of 2022.
PJSC IC ROM Ukraine Life Insurance has been operating since 2003. It is a part of PZU group – one of the oldest and the largest in Poland by the volume of gross premiums written (according to the Polish Financial Supervision Commission).
In January-June 2023, PZU Ukraine Insurance Company (Kyiv) increased net premiums by 33.3% to UAH 744 million compared to the same period a year earlier, according to a press release from the insurer.
It is also noted that the largest increase in payments in the reporting period was recorded in the Green Card segments – by 69.7% to UAH 177 million or 23.8% of the total, hull insurance – by 57.3% to UAH 160 million (21.5%), VHI – by 51.5% to UAH 107 million (14.4% of the portfolio).
At the same time, the share of MTPL in the company’s portfolio amounted to 24.5% or UAH 182 million of payments, which is 36.2% more than last year.
In January-June, PZU Ukraine’s revenues from other insurance contracts amounted to UAH 118 million.
PZU Ukraine is supported by one of the largest insurance groups in Central and Eastern Europe – PZU Group (which includes the parent company of PZU Ukraine – PZU S.A.).
Share of new buildings, in which construction was resumed, by regions of ukraine
Source: Open4Business.com.ua and experts.news
The Cabinet of Ministers of Ukraine has decided to reorganize the state enterprise Kherson Sea Trade Port by means of its merger with the state enterprise Olvia Stevedoring Company, according to the government’s representative in the Verkhovna Rada Taras Melnychuk.
“The proposal of the Ministry of development of communities, territories and infrastructure on reorganization of the state enterprise “Kherson sea trade port” by its accession to the state enterprise “Stevedoring company “Olvia” is agreed,” – wrote Melnychuk.
