Business news from Ukraine

Business news from Ukraine

Ukraine has harvested 30 million tons of crops of major crops

By September 23, Ukrainian farmers harvested 30.26 million tons of main agricultural crops (+0.6 million tons per week) from a total area of ​​9.1 million hectares (+0.1 million hectares), according to the website of the Ministry of Agrarian politics and food on Friday.
It is specified that over the week the total area of ​​farmland from which the harvest increased by less than 1% and amounted to about 61% of the previously planned area.
In terms of crops, harvesting of barley and rapeseed has been completed. Wheat was harvested from 99% of the area, peas from 98%, millet from 64% (+6 percentage points for the week), buckwheat from 40% (+6 p.p.), sunflower from 14% (+4 p.p.). o), soybeans – from 6% (+1 p.p.), sugar beet – 5% (+2 p.p.), corn – up to 1%.
According to the Ministry of Agrarian Policy, the final harvest of barley this season amounted to 5.5 million tons from 1.6 million hectares, rapeseed – 3.1 million tons from 1.96 million hectares.
In addition, by September 23, a total of 19.2 million tons of wheat were harvested (unchanged over the week) from 4.7 million hectares, 1.29 million tons of sunflower (+370 thousand tons) from 478 thousand hectares (+194 thousand tons). ha), 469 thousand tons of sugar beet (+135 thousand tons) from 9.2 thousand ha (+3 thousand ha), 250.7 thousand tons of peas (unchanged) from 109.4 thousand ha, 228 thousand tons of soybeans (+56 thousand tons) from 97.7 thousand hectares (+26.2 thousand hectares), 68.1 thousand tons of millet (+9.5 thousand tons) from 28.8 thousand ha (+2.9 thousand ha), 66.1 thousand tons of buckwheat (+7.6 thousand tons) from 47.2 thousand ha (+6.7 thousand ha), as well as 92.2 thousand tons of corn (+28.5 thousand tons) from 20.9 thousand hectares (+8.7 thousand hectares).
According to the ministry, the average yield for all crops in the current season was 38.4 centners per hectare, including corn – 44.1 centners per hectare, wheat – 41.0 centners per hectare, barley – 34.7 centners per hectare, rape – 28.5 c/ha, peas – 22.9 c/ha, soybeans – 23.3 c/ha, millet – 23.7 c/ha, sunflower – 19.2 c/ha, buckwheat – 14.0 c/ha, sugar beet – 512 c/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.

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Volumes of cargo transportation in 2021, mln tons

Volumes of cargo transportation in 2021, mln tons

TAS insurer reduces payments

TAS Insurance Group (Kyiv) in January-August 2022 paid UAH 589.22 million as compensation, which is 19.3% less than in the same period a year earlier (UAH 730.58 million), according to the company’s website.
At the same time, it is noted that 27.1% of the total insurer’s payments fall on KASKO (UAH 159.66 million), 40.19% – on OSAGO (UAH 236.81 million), 14.97% – on Green Card (UAH 88.21 million).
Voluntary medical insurance accounted for 13.34% of all payments, or UAH 8.61 million.
At the same time, under property insurance agreements, TAS paid UAH 5.42 million for the specified period, which is 5.6% more than a year ago.
The volumes of payments under other insurance contracts also increased by 20.9%: in January-August of this year, TAS paid a total of UAH 20.51 million on them.
TAS was registered in 1998. It is a universal company offering customers over 80 types of insurance products for various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.

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IC “Busin” renewed aviation liability reinsurance agreement with a limit of $550 million

Busin Insurance Company (Kyiv) has resumed the operation of the largest obligatory aviation liability reinsurance contract on the Ukrainian insurance market with a limit of $550 million and an obligatory reinsurance contract for aviation CASCO with a capacity of $6 million, according to the website of the insurer.
It is also noted that the well-known syndicates of Lloyds and the world’s leading companies with a high rating of financial reliability are involved in reinsurance contracts. The obligatory program fully applies to retrocession risks, which guarantees prompt consideration of proposals and reliable coverage of risks from reinsurance partners.
SK “Busin” was registered in February 1993. Specializes in risk types of insurance. He is a member of a number of professional and industry associations: the League of Insurance Organizations of Ukraine, the National Insurance Claims Club, the International Association of Aviation Insurers (UA), the Nuclear Insurance Pool, the American Chamber in Ukraine, the British Business Club.

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Mer Klitschko: Kyiv and Barcelona signed an agreement on twinning

Kyiv Mayor Vitaliy Klitschko and Mayor of Barcelona Ada Kolou have signed an agreement on twinning between the cities, the press service of the mayor of the capital of Ukraine reports.
“Today, cooperation at the city level is very important, because it is cities that play a key role in the development of states and deepening cooperation between them. The capital of Ukraine develops cooperation with European cities. Attracts help from partners, convinces them of the need for further support for Ukraine. We must be strong Together! Ukraine’s victory in the war against the Russian barbarians is a guarantee of peace and tranquility throughout Europe. We are grateful to our friends who help. Barcelona gave Ukraine fire trucks, humanitarian aid, and provided temporary shelter to Ukrainians fleeing the war,” Klitschko said.
Kolow, in turn, stressed that Barcelona will continue to help and support Kyiv and Ukraine. In particular, the mayors also discussed cooperation in the field of public transport, ecology, smart city and culture.
It is noted that Barcelona has become the seventh European city with which Kyiv has signed twinning since the beginning of the large-scale aggression of the Russian Federation. In particular, Madrid, Paris, Marseille, Lyon, Oslo and Hamburg also became twin cities of the Ukrainian capital. In total, the capital of Ukraine has 63 sister cities.

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