The Agroliga group of companies (Kharkiv region) in January-June 2022 reduced its net profit by 3.2 times compared to the first half of 2021 – to EUR 0.81 million, revenue decreased by 25% – to EUR 27.2 million.
According to the condensed report of its holding company Agroliga Group PLC (Cyprus) on the Warsaw Stock Exchange, Agroliga’s gross profit for the specified period decreased by 6% – to EUR3.32 million, operating profit – by 17.7%, to EUR1.74 million .
As of June 30, 2022, the assets of Agroliga increased by 10% compared to the same date in 2021 – up to EUR74.6 million, current debt obligations – by 38.5%, up to EUR30.55 million, long-term liabilities – by 4 .8%, up to EUR6.5 million
At the same time, the report does not contain any information about the activities of the agricultural holding in the conditions of the military invasion of the Russian Federation in the Kharkiv region. Earlier, in March, “Agroliga” reported that part of its assets were occupied by Russian troops, because of which economic activity in the places of hostilities was paralyzed.
In April, the agricultural holding clarified that it had not started sowing work on the fields occupied by Russia. At the same time, in the territory controlled by Ukraine, the sowing campaign is carried out in accordance with a previously drawn up plan. The oil extraction plant of Agroliga and the power plant remained in the controlled territory and are operating normally.
Before the war, the Agroliga Group included the following agricultural producers in the Kharkiv region: Agroliga LLC (Kamenka village), Mechnikovo LLC (Novoegorovka village), Vostokagrokontrakt LLC (Nikolaevka village), Mayak LLC (village Berezovka), Agrokom Novaya Vodolaga LLC (Novaya Vodolaga township), AGL Enerdgy LTD. (town Novaya Vodolaga) with a total land bank of 10 thousand hectares.
In addition, it included Liga-A LLC (Kharkiv), acting as a trading house, Agroliga Polska – a trading company registered in Poland, Agroliga Group PLC holding company (Cyprus), Agroliga Group of Companies PLC holding company (Kharkiv) and specializing in sales and trade services for other companies of the Agroliga-Trade LLC group.
GC “Agroliga” has been working on the Ukrainian market of agricultural products since 1992. He is engaged in the cultivation of grain crops, processing of sunflower seeds and dairy farming.
The capacity of the oil plant, which operates according to the pressing technology, is 42 thousand tons per year, the oil plant, which operates according to the extraction technology, is 110 thousand tons of sunflower per year.
The majority shareholders of the group are Alexander Berdnik with a share of 41.66%, Irina Poplavskaya – 41.66%.
The State PrivatBank (Kyiv) and the MasterCard international payment system have launched contactless fare payment at all metro stations in Dnipro, the bank’s press service reported on Thursday.
“In August 2022, as part of the program with MasterCard, the bank installed turnstiles with contactless payment technology with a bank card at four more stations of the Dniprovsky metro – Metrostroiteley, Prospekt Svobody, Metallurgov and Zavodskaya. Now you can pay for travel with a card or smartphone at all metro stations,” the statement said.
For two years of operation of such turnstiles at the stations “Vokzalnaya” and “Pokrovskaya” in the Dnieper, more than 420 thousand trips were paid contactlessly.
The press service noted that the Dnipro metro has become the second metro in Ukraine after the Kyiv one, where you can pay for travel with a card or an NFC device right at the turnstile.
The company Rolls-Royce Power Systems AG and its employees will finance the restoration of the dispensary destroyed by shelling of the Russian army in the village of Khukhra (Sumy region), Deputy Head of the Office of the President (OP) Kyrylo Tymoshenko said on Thursday.
According to him, the cost of the project is UAH 13 million. Rolls-Royce employees have already collected part of the funds for future works, the rest will be provided by the company itself.
“A plot of land has been allocated for a new modern dispensary. The procedure for obtaining technical conditions for energy and other permitting documents is ongoing, in accordance with current building regulations and rules,” Tymoshenko said in her Telegram channel.
He also noted that a tender for construction and assembly work will be announced in September, and the dispensary itself is scheduled to open by the end of 2022.
The project is implemented in partnership with the Ministry of Health of Ukraine, the Sumy Regional Military Administration, the Kyiv School of Economics, and the Chernechshyn Territorial Community.
A CAD 450 million (equivalent to $350 million) concessional loan from Canada has been transferred to the state budget of Ukraine.
According to a press release from the Ministry of Finance on Thursday, the funds were provided through the mechanism of the Administrated Account of the International Monetary Fund (IMF). The amount of the loan from Canada is CAD 1.45 billion (equivalent – $1.2 billion). The repayment period is 10 years, the interest rate is 1.69% per annum.
Minister of Finance of Ukraine Serhiy Marchenko thanked the Government of Canada and Deputy Prime Minister, Minister of Finance of Canada Chrystia Freeland for their uncompromising support of Ukraine.
Ambassador of Ukraine to Canada Yulia Kovaliv said that the allocated funds will be used to purchase natural gas to support the heating season.
According to her, the total amount of financial assistance to Ukraine from Canada since the beginning of the war has reached CAD 1.95 billion.
Alfa-Bank Ukraine, at the request of Interfax-Ukraine, confirmed that the remote meeting of the bank’s shareholders scheduled for August 12 had taken place and its decision to change the name of the bank to a new one – JSC Sense Bank will be made public next week.
“When the board decided on a new brand, the decision became obvious. For the last two years, our priority has been the development of the Sense SuperApp digital bank. Our bank has always been technological. This feature is now reflected in the name,” Chair of the bank’s Board Alla Komisarenko is quoted in the response.
The financial institution said that the meeting was one of the key stages in the legal procedures for changing the name, and the next step would be the registration of a new charter.
As previously noted in an interview with Interfax-Ukraine, ex-Minister of Finance of Bulgaria Simeon Djankov, who in the middle of April, in agreement with the National Bank, was given the right to vote in the majority stake in Alfa-Bank, the board of the financial institution decided to abandon the Alfa brand and continue working under a new brand.
“A few days after the start of the war, the board decided to abandon the Alfa-Bank brand. The bank does not want to have anything to do with the aggressor country, even at the level of associations and the brand that operates in Russia,” Djankov said, explaining the reasons for the renaming.
According to the bank, its largest shareholders at the moment indirectly are Andrei Kosogov (40.9614%, after the war he received packages of German Khan and Alexei Kuzmichev, who fell under the sanctions in the amount of 20.9659% and 16.3239%, respectively), Mykhailo Fridman (32.8632%), Petr Aven (12.4018%), UniCredit S.p.A. (Italy, 9.9%), Mark Foundation for Cancer Research (3.8736%). Djankov is a trustee of the NBU on the packages of Kosogov and Fridman and Aven, who fell under the sanctions.
Alfa-Bank Ukraine, according to the NBU, as of July 1, 2022, ranked seventh in terms of total assets (UAH 104.03 billion) among 68 banks operating in the country. The bank’s net loss, according to the National Bank, amounted to UAH 2.35 billion.
The Mindy Charitable Foundation, together with the Kantar Ukraine research center, intends to conduct a study of mental health of the population in war conditions.
The foundation told Interfax-Ukraine that the study will be carried out with the financial support of the charitable foundation and the volunteer cryptocoin UAFcoin, created by the Ukrainian crypto social network Sl8 (sl8.online) to support the Armed Forces of Ukraine.
The first stage of the study started early August 2022. The respondents of the online survey will be citizens of Ukraine.
“The consequences of war include, in particular, long-term metal damage that in the future may negatively affect society, destroy families and communities, disrupt the development of the social and economic structure of nations. The study will help identify problem areas and improve mental health of the population, which plays a critical role on the way to victory in the war,” the foundation said.
The study will be conducted in Ukrainian cities with a population of more than 50,000 people. The age of the respondents is from 18 to 55 years. Study participants will be randomly selected from a representative sample. A team of Ukrainian psychologists and leading research institutes worked on the study program.
The purpose of this survey is to collect information that will provide answers to the level of formation of a culture of psychological assistance and the needs for its formation and development, to determine the state of mental and social health of Ukrainians. This study will help in the work of volunteer and government organizations that provide support to Ukrainians during the war.
Mindy Charitable Foundation is a charitable foundation that implements a nationwide social and humanitarian program for the reintegration of war victims into active life. The Foundation specializes in psychological aid, physical rehabilitation on the basis of the partner international network of REGUS business centers, support in prosthetics, vocational guidance and training in various industries, employment by quotas and social adaptation.
CHARITABLE FOUNDATION, MENTAL HEALTH, Mindy, POPULATION, war conditions
