The German concern Bayer AG, which specializes in biomedical solutions for healthcare and agriculture, has decided to continue supplying basic agricultural solutions to Russian farmers so that they can contribute to meeting global demand.
At the same time, Bayer hopes “that the Russian authorities will continue to provide free supplies of agricultural products” and “will not use food as a means of pressure on the world,” the company’s statement emphasizes.
At the same time, Bayer intends to invest heavily in Ukraine over the next decade. In particular, the company is investing more than EUR30 million in a seed plant in the Zhytomyr region to meet the demand for corn seeds in the country and abroad.
Bayer is fully committed to fighting what could become an unprecedented food crisis and shares the UN’s view that access to Ukrainian and Russian food is essential to reduce pressure on the global food system, the release notes.
Earlier, the company stopped deliveries to the Russian Federation and Belarus of those products that are not vital, and also suspended advertising and promotional activities, investments in these countries.
Adonis Medical Group has opened a modern center for rehabilitation and physiotherapy in Bucha (Kyiv region), the company told Interfax-Ukraine on Tuesday.
Vitaly Girin, General Director of the Adonis network, specified that the main areas of the center’s work will be medical rehabilitation and recovery after a stroke, traumatic brain injury and other CNS lesions, postoperative rehabilitation, occupational therapy and restoration of self-care skills, correction of chronic pain syndrome in pathologies of the spine, musculoskeletal -motor system, rehabilitation after injuries, road accidents and other accidents.
The rehabilitation center will include a hospital for 12 double rooms, specially equipped for patients with limited mobility. If necessary, a relative or a nurse can be with the patient.
In addition, the center’s range of services provides for the possibility of transporting a patient from anywhere in Ukraine, home visits of doctors and full-cycle medical care within one department.
According to the head of the rehabilitation department, Vadim Kerestey, the center will also be able to carry out rehabilitation after injuries caused by hostilities.
“Such rehabilitation should be carried out in a full-profile rehabilitation center, where there is a full range of medical services, since injuries caused by military operations are combined. Orthopedics in them is often complicated by neurology, bone fractures are combined with injuries of the brain and spinal cord, multiple bone fractures are combined with amputations and injuries of the nervous system and contusions.Such patients need an integrated approach and the help of physical therapists, surgeons, traumatologists, neurologists, speech therapists, psychologists, intensive care units and anesthesiologists,” he explained.
Kerestey noted that the center works in accordance with the requirements of the international standards Eeig EU Standard for Health & Wellness.
Adonis is a network of private medical centers for adults and children.
Adonis Private Clinic was founded over 20 years ago. Its network includes 12 branches in Kyiv and the region, including two own maternity hospitals and a stem cell laboratory.
In the branches of the clinic, doctors receive patients in 66 medical areas.
During his first visit to Ukraine since the start of Russian aggression, Turkish President Tayyip Erdogan plans to discuss possible steps to end the war through diplomacy with Ukrainian President Volodymyr Zelensky and UN Secretary General António Guterres, CNN Turk reports, citing a statement from the Communications Department. president.
“(…) The meeting will discuss steps that can be taken to end the Ukrainian-Russian war through diplomacy, by activating the mechanism created to export Ukrainian grain to world markets,” the message posted on the website on Tuesday evening reads.
The Milliyet edition notes that Erdogan will visit Ukraine for the first time since the beginning of the full-scale invasion of the Russian Federation. During the visit, aspects of Turkish-Ukrainian relations at the level of strategic partnership will be assessed.
As reported, UN Secretary-General António Guterres will travel to Lviv on Thursday, August 18, to meet with Ukrainian President Volodymyr Zelensky and Turkish President Tayyip Erdogan. Earlier, the “Club of Experts” released an analysis of the main events that should take place on August 15-21 in Ukraine and the world. For more video analysis, see the link
On Thursday, August 18, UN Secretary General António Guterres will take part in a trilateral meeting in Lviv with Turkish President Recep Tayyip Erdogan and Ukrainian President Volodymyr Zelensky, Deputy Secretary General Stefan Dujjarik said on Tuesday.
“The UN Secretary General will arrive in Lviv on Thursday for a trilateral meeting with Turkish President Erdogan and Ukrainian leader Zelensky,” he said.
“The next day he will go to Odessa and visit the local port, one of the three busiest ports on the Black Sea,” he said.
Duzhzharik added that the UN expects a bilateral meeting between Guterres and Zelensky.
In Istanbul on July 22, with the participation of the UN, Russia, Turkey and Ukraine, two documents were signed on the creation of a corridor for the export of grain from three ports on Ukrainian territory – Chornomorsk, Odessa and Yuzhny.
Earlier, the “Club of Experts” released an analysis of the main events that should take place on August 15-21 in Ukraine and the world. For more video review, see the link
The share of state-owned banks in the total assets of the banking system in the first half of 2022 increased from 49.8% to 53.4%, including by 1.7 percentage points (pp) in the second quarter, reported in the review of the banking sector, published by the National Bank on Tuesday.
According to him, of the four state-owned banks, PrivatBank makes the main contribution, which increased its market share from 24.7% to 27% in the first half of the year, including by 1.2 percentage points in the second quarter.
As reported, after the banking crisis of 2014-2016, the nationalization of PrivatBank and the additional capitalization of state-owned banks, while many private banks were withdrawn from the market, the share of state-owned banks in the market increased significantly, but began to decline in subsequent years. In particular, in 2020-2021 it decreased from 60.4% to 49.8%, including PrivatBank – from 27.9% to 24.7%.
The increase in the share of banks during the war is mainly due to a decrease in the share of foreign groups, which fell from 30.1% to 27.2% in six months, while private banks – from 20.2% to 19.4%. At the same time, in the second quarter, private banks reduced their share faster – by 1.2 percentage points, while foreign banks – by 0.5 percentage points.
The same picture is observed in relation to net assets: the share of state-owned banks increased from 46.7% to 50% in the first half of the year, including PrivatBank – from 19.8% to 22.1%. The second quarter saw an increase of 2.2 percentage points, respectively. and 1.6 p.p.
The share of state-owned banks in attracting deposits is even greater: if in 2019-2021 it decreased from 63.5% to 55.5%, then in six months of this year it increased to 59.3%, including PrivatBank – from 31.2% % to 35.4%. The second quarter saw an increase of 3.4 p.p., respectively. and 2.6 p.p.
Over the past six months, the share of deposits in foreign banks has decreased from 25% to 22.9%, in private banks – from 19.5% to 17.8%, including in the second quarter by 1.6 percentage points, respectively. and 1.8 p.p.
In general, the NBU notes an increase in market concentration: the share of assets of the ten largest banks in total assets has increased from 73.8% to 77.6% since the beginning of the war
As a result, the Herfindahl-Hirschman Index (HHI), an indicator of concentration in the banking market, which at a value of up to 1000 indicates weak market concentration, rose during the war for total assets from 945 to 1116, returning to the level of the end of 2020, although at the end of 2019 year it was even higher – 1268.
And its value in terms of deposits – 1712 compared to 1395 before the war – has become significantly higher than at the end of 2019 (1597).
The NBU clarifies that the group of foreign banks at the middle of the year included 16 banks, while the group of private ones – 48.
JSC Chernigovgaz, which operates under the brand name of the Regional Gas Company, has issued technical conditions for connecting the first Ukrainian biomethane plant of Hals Agro LLC in the Chernihiv region, according to a press release from RGC.
“The regional gas company ordered the production of gas equipment for the plant at one of the RGC Production plants. The capacity of the first stage of construction, which will be completed by the end of this year, will be 330 cubic meters of biomethane per hour,” the document says.
According to RGC, the first phase of construction of gas networks involves the construction of a gas pipeline 800 m long, which will allow Hals Agro to transfer 330 cubic meters to gas distribution networks (GDS). m of biomethane per hour in winter. It is expected that the connection will take place before the end of 2022.
“This is the first project to connect a biomethane plant in Ukraine. We are ready to scale this experience in all regions where RGC operates. Our company has technical expertise and has access to technologies from leading gas equipment manufacturers, as well as the experience of European GDS operators who have been working with biomethane for many years “, – said Igor Gotsyk, head of decarbonization at RGC, quoted in the press release.
As explained in the company, in the future Hals Agro plans to increase the production of biomethane to 1100 cubic meters. m/h, and the specialists of RGC and Chernihivgaz will ring the coverage area of two adjacent gas distribution stations, building about 8 more km of the gas pipeline.
“Then the biomethane plant will have access to a larger number of consumers and will transfer biomethane to the network through two gas distribution stations at once. The work is planned to be completed by the beginning of the 2023/24 heating season,” the RGC informed.
The design capacity of the installed equipment for biogas purification into biomethane is about 3 million cubic meters. m per year, which is enough to provide local gas to 1,500 private households adjacent to the plant.
According to RGC, the gas control equipment and the gas metering unit required to connect to the grid are already being manufactured at one of the modern RGC Production plants. In this case, components and components from leading manufacturers Pietro Fiorentini and Emerson will be used, which have confirmed the quality of their equipment in working with biomethane in Europe and the world.
As reported, GDS operators operating under the RGC brand have simplified the connection of biomethane plants to gas distribution networks as much as possible and offer this service for 1 hryvnia. Biomethane producers must finance the construction of external and internal gas networks and equipment.
Gas distribution networks in Ukraine are the most suitable and promising for the connection of biomethane plants. They are the most branched across the country and have comparable system operation pressure with biomethane producers, which does not require the installation of additional equipment.
As of the beginning of June 2022, GTS Operator of Ukraine LLC (OGTSU) was approached by 26 companies planning to produce a total of 206 million cubic meters. m of biomethane per year.
According to experts of the Bioenergy Association of Ukraine, the production of biomethane in the country can reach 7.8 billion cubic meters. m per year.
