Business news from Ukraine

Business news from Ukraine

Nuclear regulators of Ukraine and Norway implement common projects to counter challenges of Russian aggression

The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) and the Norwegian Radiation and Nuclear Safety Agency (DSA) are working on the implementation of 18 common projects to counter the challenges caused by Russia’s military aggression, particularly in the area of developing policies and procedures to restore regulatory control over nuclear facilities affected by occupation and hostilities.

Gosatomregulirovanie said on Wednesday that the joint projects of the Ukrainian nuclear regulator and DSA, launched after February 24, 2022, also cover such areas as surveying territories affected by enemy military occupation; managing critical knowledge needed to protect personnel, the public and the environment during nuclear or radiation incidents caused by hostilities; and providing radiation reconnaissance equipment in previously occupied territories.

“I am grateful for DSA’s active participation in projects to address the pressing challenges faced by Gosatomregulirovanie after the rf’s full-scale invasion of Ukraine on February 24, 2022. Over the past two years, 25 projects have been initiated to counter the challenges caused by Russia’s military aggression. As of today, 18 projects out of them are being implemented,” said Oleg Korikov, head of the DSA.

Korikov and DSA Director General Per Strand discussed the status of implementation of joint projects and further cooperation, plans for which are envisioned in the Roadmap for Cooperation between DSA and Gosatomregulirovanie for 2024-2028, at a meeting during the Seventh Conference of the European Nuclear Safety Regulators Group (ENSREG) held in Brussels on June 24-25.

“In our decade of cooperation since 2014, we have established a sustainable mechanism for planning, coordination and timely implementation of joint projects. This strategy includes regular assessment of regulatory threats and challenges faced by Gosatomregulirovanie, which are reflected in the Threat Assessment Reports,” Korikov added.

 

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Ukraine eliminated from European Football Championship

Ukraine’s national team played a 0-0 draw with Belgium in the third match of the 2024 European Football Championship.

In a parallel match, the national teams of Slovakia and Romania also played a draw 1:1.

Thus, all national teams scored four points, but Ukraine took the last place in the group on additional indicators – the worst goal difference.

Romania took the first place in the group, followed by Belgium and Slovakia. All of them will continue playing at the European Championship. Ukraine is eliminated from the tournament.

As reported, the first match Ukraine lost to Romania with a score of 0:3, and in the second – beat Slovakia with a score of 2:1.

 

 

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Dynamics of changes in discount rate of NBU – from 2013 to 2024

Dynamics of changes in discount rate of NBU – from 2013 to 2024

Source: Open4Business.com.ua and experts.news

In hour, Ukraine will play its third match at EURO 2024 against Belgium

Ukraine will play its third and final group stage match at the 2024 UEFA European Football Championship against Belgium on Wednesday.

The match will start at 19:00 Kyiv time at the stadium in Stuttgart, and will be officiated by a refereeing team from England led by Anthony Taylor.

According to the Ukrainian Football Association (UAF), the starting lineup will include: Anatoliy Trubin, Vitaliy Mykolenko, Oleksandr Tymchyk, Mykola Matvienko, Oleksandr Svatok, Ilya Zabarny, Volodymyr Brazhko, Mykola Shaparenko, Hryhoriy Sudakov, Artem Dovbyk. Roman Yaremchuk.

As reported, Ukraine lost the first match to Romania with a score of 0:3, and in the second match it beat Slovakia with a score of 2:1.

In Group E, all four teams have three points before the last round and have a chance to reach the playoffs.

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“Astarta” starts grain harvesting campaign on 61 thou hectares of land

Astarta Agro Holding has started the harvesting campaign, during which it plans to harvest early grain crops from an area of 61 thousand hectares, including winter wheat from 49 thousand hectares, the company’s press service reported on Facebook.

“Today we started threshing rapeseed. The work started in Poltava region. It is an ultra-early date – ahead of the average long-term calendar indicators – but the harvesting dates are predictable. We also plan to start harvesting wheat at the end of this week. Companies in the western region plan to start harvesting no earlier than July 7-9. Currently, we see the biggest challenges in ensuring the continuity of all harvesting stages in the context of simultaneous harvesting of several crops due to constant air raids and power outages,” said Roman Pavlyk, Head of Crop Production at the agricultural holding.

The agroholding’s farmers have also completed harvesting winter peas from an area of 599 hectares. This is a new crop for Astarta with ultra-early harvesting dates.

“Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220 thousand hectares and dairy farms with 22 thousand cattle, an oil extraction plant in Globyno (Poltava region), seven elevators and a biogas complex.

In 2023, the agricultural holding reduced its net profit by 5.0% to EUR 61.9 million, and its EBITDA decreased by 6.1% to EUR 145.77 million, while revenue increased by 21.3% to EUR 618.93 million.

In the first quarter of 2024, Astarta reduced its net profit by 44.1% year-on-year to EUR9.02 million, while its consolidated revenue increased by 1.4% to EUR165.78 million.

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WOG paid over UAH 5.8 bln in taxes and fees

In January-May 2024, the WOG filling station network transferred UAH 5.82 billion to the budgets of all levels.

According to the company’s press service, UAH 797.25 million were taxes on operating activities and UAH 5.023 billion were import taxes.

Personnel taxes for the first five months of 2024 amounted to over UAH 290.4 million, up 61% compared to the same period in 2023. This amount includes the unified social contribution (USC), personal income tax (PIT) and the fee.

The WOG filling station network is one of the largest in Ukraine, with about 400 locations.

West Petroleum Market LLC (manages the WOG filling station chain) was founded in 2018, with the ultimate beneficiaries being Serhiy Lagur and Svitlana Ivakhiv. In 2023, the company generated UAH 27.69 billion in revenue, which is 17.8% less than in 2022. Net profit more than halved to UAH 265 million 890 thousand in 2023 from UAH 560 million 515 thousand in 2022.

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