The National Bank of Ukraine (NBU) has excluded from the registers three insurers that do not have valid licenses and one insurance broker.
As reported on the website of the regulator, PJSC Insurance Company Ukrainian Financial Alliance, ALC Insurance Company VIP Capital (the licenses of both were canceled on January 21, 2022 at the request of insurers) and PJSC Insurance Company OSTRA were excluded from the State Register of Financial Institutions. ” (licenses canceled on February 9, 2022 as a measure of influence).
In addition, from the State Register of Insurance and Reinsurance Brokers – Subsidiary “SINKO Group (UKRAINE)” on the basis of the submitted application.
IC “Ukrainian Financial Alliance” (Kyiv), registered in 2003, specializes in providing services in the field of risk insurance.
IC “VIP-Capital” (Kyiv) was registered in 2007 and specializes in providing services in the field of risk insurance.
IC “Ostra” (Odessa) is one of the first insurance companies in Ukraine. Established in December 1990 on the basis of the regional representative office of Ingosstrakh Insurance Company (RF) in Ukraine.
The Cabinet of Ministers of Ukraine by resolution No. 430-r dated May 31, 2022 appointed Petro Kotin President of Energoatom.
The text of the document is posted on the government portal.
As reported, Kotin has so far served as interim president of the company, effective April 2, 2020. Prior to that, he worked as the general director of Zaporizhia Nuclear Power Plant, a separate subdivision of Energoatom.
Energoatom is the operator of all four operating nuclear power plants in Ukraine. It operates 15 power units equipped with water-cooled power reactors with a total installed electrical capacity of 13,835 GW.
As reported, the Cabinet of Ministers at its meeting on May 31 canceled the competitive selection of managers, chairmen of executive bodies and members of supervisory boards of economic entities in the public sector of the economy for the period of martial law.
Canada will provide Ukraine with a loan in the amount of CAD 1 billion for a period of 10 years, a draft government decree testifies, and the terms of such a loan are being agreed.
As stated in Decree No. 639 of May 31, the interest rate on the loan will be equal to the base interest rate of the IMF, while the grace period will be 4.5 years.
Interest will be paid every six months after the end of the grace period, the document states.
Italy, if necessary, is ready to take part in mine clearance operations at Ukrainian ports in order to ensure the exit of ships with grain from them, Italian Foreign Minister Luigi Di Maio said on Wednesday.
“We are putting pressure on the creation of sea corridors for the transportation of agricultural products from Ukrainian ports, especially grain. To do this, it is necessary to clear the sea areas near the ports, especially near Odessa,” Sole 24 Ore quoted him as saying.
“Italy has expressed its willingness to participate in demining operations. We want the UN to play a central role in conducting and coordinating operations, along with other partners such as Turkey,” Di Maio added.
He noted that the export of grain would be possible “with Russian guarantees for the safety of ships and their cargo.”
The national football team of Ukraine beat Scotland in Glasgow with a score of 3-1 and will now play with Wales in the playoff final for a ticket to the 2022 World Cup.
Goals in the Ukrainian national team were scored by Andriy Yarmolenko (33 minutes), Roman Yaremchuk (49th) and Artem Dovbyk (90+4). The Scots scored Callum McGregor.
The game for the right to speak at the World Cup in Qatar will be held on June 5 in Cardiff.
The World Cup will be held from November 21 to December 18, 2022
The production of fresh dairy products in Ukraine in May will be 17-20% lower compared to May last year, which corresponds to a reduction in the country’s population due to mass migration abroad during the war, and also correlates with the demand and solvency of Ukrainians.
“The current situation on the Ukrainian market of fresh dairy products can be called relatively stable. Most of the leading producers have increased output to the level of real demand, which stops growing due to a decrease in the population’s solvency in war conditions,” the website of the industry analytical agency Infagro reported on Wednesday.
According to him, the increase in the production of dairy products is now inexpedient, since in the event of a further increase in its production, dairy processors will have to stimulate sales through mass promotions in retail chains.
“Not all operators can now afford such marketing steps, and networks also pay less attention to such tools, there is not enough human resources. Moreover, in the face of a further rise in the cost of logistics, some companies intend to further increase prices, even if this leads to a decrease sales,” the agency said.
It noted that in May in the market of fresh dairy products, as in April, the leading positions will be held by national companies. At the same time, their production is unlikely to continue to grow in the summer months.
As reported, the profile association “Union of Dairy Enterprises of Ukraine” predicted a decline in milk production in Ukraine in 2022 by 13.3-15.9%, to 7.33-7.56 million tons from 8.73 million in 2021 due to for the Russian military invasion.
