The Cabinet of Ministers offers the Verkhovna Rada to ratify the framework agreement between the governments of Ukraine and Austria on economic cooperation in the development of projects.
As the representative of the Cabinet of Ministers in the Verkhovna Rada Taras Melnychuk said in Telegram on Friday, the corresponding decision was made at a government meeting on Friday.
Approved, in particular, the draft law “On the ratification of the framework agreement between the government of Ukraine and the government of the Republic of Austria on economic cooperation in the development of projects.”
It is noted that the ratification of the framework agreement will create a legal basis for economic cooperation between countries in the development of priority projects, in particular, for the construction (reconstruction) and equipping of the National Children’s Specialized Hospital “Okhmatdet” in Kyiv, the construction and equipping of a clinic in Kyiv, the creation of a National Rehabilitation Center in Lvov.
The National Bank of Ukraine (NBU) has cancelled licenses of 13 non-banking financial institutions and removed 10 financial institutions from the registers, the regulator’s website reported.
Thus, on the basis of their own applications, all existing licenses of ARES Capital LLC, Infinance LLC, KF.ua LLC, Omega-Finance LLC, FC Aland LLC, FC Alma LLC, FC Intime Finance LLC, and FC Monti LLC were revoked. All companies except for FC “Monti” have been excluded from the State Register of financial institutions.
MOTOR SICH JSC is also excluded from the Register of persons who are not financial institutions but are entitled to provide certain financial services due to the lack of a valid license for the provision of financial services.
In addition, based on the applications received, certain licenses have been revoked for Prime Finance Financial Company LLC to provide guarantees, Debt Obligation Fund Factoring Company LLC to provide guarantees, and Eliance Financial Company LLC to provide financial leasing services.
The National Bank revoked (cancelled) the licenses to provide financial services of CC “Garanta-L.K.” and CC Partner-Plus and excluded these credit unions from the State Register of financial institutions based on their own applications, guided by the special procedure during martial law*.
As of October 1, 2022 the volume of assets of CC “Garant-L.K.” was UAH 1,032 million (0.067% of the credit union market volume), liabilities – UAH 105 thousand (0.012% of the credit union market volume), including UAH 105 thousand – liabilities on which no interest is accrued.
The volume of assets of CC “Partner-Plus” as of October, 1, 2022 made UAH 996,65 th. (0,065% of the total volume of credit unions market), obligations – UAH 23,16 th. (0,003% of the total volume of credit unions market).
Such decisions were made by the Committee on supervision and regulation of non-banking financial services markets on November 3, 2022.
KSG Agro rented an oil extraction plant (OEZ) in Dnipropetrovsk region to produce virgin sunflower oil from its own raw material.
According to the agricultural holding’s press release issued on Friday, the crude sunflower oil it produces will be exported to European Union countries by road.
It is specified that the capacity of rented crushing plant allows processing 2.5 thousand tons of sunflower seeds into 1 thousand tons of sunflower oil per month. Staff of the factory consists of 30 persons. The production is equipped with modern equipment manufactured in Ukraine in 2008.
Agroholding reminded that after the start of a full-scale Russian military invasion into Ukraine, it began exporting rapeseed and sunflower oil to Poland, Slovakia and Italy. In addition, it began pilot shipments of sunflower oil to Poland and Italy using “flexitanks” – polymeric containers designed to transport liquid cargo and installed on trucks.
The vertically integrated holding KSG Agro is engaged in pig farming as well as the production, storage, processing and sale of grain and oilseeds. Its land bank is about 21,000 hectares.
According to the agricultural holding, it is one of the top five pork producers in Ukraine.
In 2021, the holding increased its net profit in 16 times compared with 2020 – up to $20.27 million, revenue – by 44%, to $30.75 million, while increasing EBITDA by half – to $12.28 million.
The owner and chairman of the board of directors of KSG Agro is Sergey Kasyanov.
The Czech company J.B.Plus s.r.o. in a German laboratory successfully tested an electric motor with a view to its subsequent installation on Ukrainian oil pipelines instead of obsolete Russian equipment.
According to the company’s press release, the tests were carried out with the participation of the international certification center TESCO LLC, and the engineering was carried out jointly with the companies SCHORCH (Germany) and ELIN Motoren (Austria).
“This was not an easy task, since the engine weighing approximately 10 tonnes must be installed in the same place, observing the same room and foundation parameters as for the Russian-made engine. At the same time, the new European engine must work in accordance with modern requirements and a higher efficiency,” the press release notes.
The delivery of the first new German electric motor to the Ukrainian oil pipeline is scheduled for November this year. The remaining two will be delivered in December.
According to the data in the ProZorro e-procurement system, in October 2021, J.B.Plus won the tender of PJSC Ukrtransnafta for the supply of three high-voltage electric motors until December 31, 2022.
Since October 21, Ukrainians have opened 2.5 thousand deposits with the purchase of dollars at the official rate of the National Bank of Ukraine (NBU) for a period of 6 months, followed by the mandatory sale also at the official rate, the NBU press service reported on Friday.
According to the release, the average deposit amount is $3.6 thousand, and the total amount attracted as of November 1 on such deposits amounted to $9 million.
“The NBU does not have targets for attracting such deposits by banks. Our goal is to stabilize and improve exchange rate expectations, reduce pressure on the hryvnia cash exchange rate and protect international reserves,” the press service of the head of the monetary policy department of the department of monetary policy and economic analysis of the National Bank Mikhail Rebrika.
As reported, since October 21, the NBU, in cooperation with banks, has allowed individuals to buy US dollars at the official NBU rate, followed by their placement on a fixed-term deposit in a bank and the mandatory resale of the purchased currency upon the expiration of the deposit at the official rate.
According to the report, the amount and number of such deposits for one client of the bank are not limited, and the interest rate on the deposit will be set in accordance with the interest rate policy of banks, the deposit term is from six months with the possibility of prolongation, but without the right of early termination.
Earlier, from July 21, the National Bank allowed the purchase of non-cash currency at commercial rates to place it on deposit for at least three months, but without the obligation to sell such currency upon completion of the deposit. At the same time, the volume of such deposits was initially limited to UAH 50,000, and recently the ceiling was raised to UAH 100,000 per month.
By November 4, Ukrainian farmers harvested 53.11 million tons of main agricultural crops from a total area of 15.13 million hectares, while for the period October 28 – November 4, they collected 4.3 million tons from 2 million hectares, according to the website of the Ministry of Agrarian Policy and food on Friday.
The report states that in a week the total area of farmland from which the crop was harvested increased by 2% – up to 72% of the previously planned area.
In terms of crops, the harvesting of wheat, barley, peas and rapeseed has been completed. Millet harvested from 95% (no change for the week), buckwheat – from 95% (+2 percentage points), sunflower – from 87% (+7 p.p.), soybeans – from 85% (+13 p.p. ), sugar beet – from 73% (+14 p.p.), corn – from 27% (+7 p.p.)
According to the Ministry of Agrarian Policy, the final harvest of wheat this season amounted to 19.2 million tons from 4.7 million hectares, barley – 5.5 million tons from 1.6 million hectares, rapeseed – 3.1 million tons from 1.96 million hectares. , peas – 261 thousand tons from 111.5 thousand hectares.
In addition, by November 4, a total of 9 million tons of sunflower (+0.8 million tons per week) were harvested from 4.1 million hectares (+0.4 million hectares), 6.4 million tons of sugar beet (+1.2 million tons) from 105 thousand hectares (+26.4 thousand hectares), 6.3 million tons of corn (+1.8 million tons) from 1.1 million hectares (+268 thousand hectares), 3.1 million tons soybeans (+0.5 million tons) from 1.3 million hectares (+0.2 million hectares), 151 thousand tons of buckwheat (+2 thousand tons) from 111 thousand hectares (+2 thousand hectares), as well as 98 thousand tons of millet (+0.5 thousand tons) from 42.6 thousand hectares (+0.6 thousand hectares).
According to the ministry, the average yield for all crops in the current season was 40.7 centners per hectare, including corn – 55.4 centners per hectare, wheat – 41.2 centners per hectare, barley – 35.1 centners per hectare, rape – 28.9 c/ha, soybeans – 23.9 c/ha, peas – 23.4 c/ha, millet – 23.1 c/ha, sunflower – 22.0 c/ha, buckwheat – 13.6 centner/ha, sugar beet – 488 centner/ha.
As reported, in 2021 Ukraine harvested a record harvest of grains, legumes and oilseeds in the amount of 106 million tons: grains and legumes – UAH 84 million, oilseeds – 22.6 million tons.
In general, 32.4 million tons of wheat, 40 million tons of corn, 10 million tons of barley, 581.5 thousand tons of peas, 191 thousand tons of millet, 110 thousand tons of buckwheat were harvested last year. Sunflower harvest amounted to 16.3 million tons, soybeans – 3.4 million tons, rapeseed – 2.9 million tons.
