Business news from Ukraine

Business news from Ukraine

UKRAINE TO CONTINUE SEEKING FOR IMPOSING OIL EMBARGO ON RUSSIA

The leadership of Ukraine will continue to seek the introduction of an oil embargo on Russia.
“Unfortunately, we have not reached the oil embargo yet. We will continue to work to convince our partners of the oil embargo,” the head of the President’s Office wrote on Tuesday in his Telegram channel.
Thus, he commented on the introduction by the European Union of the fifth package of sanctions against the Russian Federation.
Earlier, President of the European Commission Ursula von der Leyen announced proposals for new sanctions of the fifth EU package against the Russian Federation.

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UKRAINE RESUMED GAS RE-EXPORT

The Ministry of Energy has resumed the re-export of natural gas from Ukraine by amending order No. 99 dated March 3, 2022, by which re-export was previously stopped due to Russian aggression, Ukrtransgaz JSC, the operator of gas storage facilities in Ukraine, said on Tuesday.
“The changes apply to gas that will be imported into Ukraine from April 3, 2022 for further storage in underground gas storages in the “customs warehouse” mode, including transportation at a special short-haul rate,” the company informed.
At the same time, as Ukrtransgaz explained, gas imported into Ukraine before April 3, 2022 is still subject to a ban on re-export, but it can be cleared through customs and sold in the country.
“We welcome the decision to resume the re-export of natural gas from Ukraine. The restoration of re-export operations is an important signal for our foreign customers of services, who currently operate in 27 countries. We hope that in the new gas injection season they will consider Ukrainian gas storage facilities as a platform for storing natural gas.” – said Serhiy Pereloma, Acting General Director of Ukrtransgaz.

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MEETINGS OF SHAREHOLDERS OF JOINT-STOCK COMPANY DURING WAR CAN ONLY BE REMOTE

The general meeting of shareholders of a joint-stock company (JSC) during the war can only be held remotely, such changes to the decision on the functioning of the management bodies of the JSC for the period of martial law were made by the National Commission on Securities and the Stock Market of Ukraine (NKTSBFR).
“Their organization must comply with the rules of the Interim Procedure for Convening and Remote Holding of a General Meeting of Shareholders and a General Meeting of Participants of a Corporate Investment Fund,” the regulator said in a statement.
The corresponding decision of the National Securities and Stock Market Commission No. 250 of April 4 is published on its website and has already entered into force.
As previously reported, the Commission extended the powers of the management bodies of the JSC, which expire during the period of martial law, if it is impossible to hold a general meeting of shareholders.
“The general meeting of shareholders of the joint-stock company must be held within 90 days after the end of martial law,” the decision of the regulator No. 177 of March 16 specified.
By another decision, No. 176 of March 16, the NSMSC approved the procedure for holding a general meeting for the period of martial law. The key changes compared to the usual procedure was the possibility of placing a voting ballot in free access for shareholders no later than nine days, and candidates for JSC bodies no later than three days before the date of the meeting.
In addition, various protocols of the voting meeting can be signed with a qualified electronic signature.
Another condition for holding the meeting is the inclusion in the list of shareholders and notification of the owners of at least 95% of the company’s shares (excluding shares in the accounts of custodians who left the market and excluding shares bought out by JSCs).

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UN: WAR IN UKRAINE KILLS AT LEAST 1,480 CIVILIANS

Losses among civilians from February 24, when Russia started the war against Ukraine, until 24:00 on April 4 amounted to 3675 civilians (in the report the day before – 3527), including 1480 dead (1430), reports the Office of the UN High Commissioner for Human Rights on Tuesday.
“OHCHR believes that the actual figures are much higher as information is delayed from some areas of intense fighting and many reports are still awaiting confirmation,” the document says.
According to him, this applies, for example, to Mariupol and Volnovakha (Donetsk region), Izyum (Kharkiv region), Popasnaya (Luhansk region), Borodyanka (Kyiv region), where there are reports of numerous civilian casualties. They are subject to further verification and are not included in the above statistics.
“The majority of civilian deaths or injuries were caused by the use of explosive devices with a wide area of ​​effect, including shelling from heavy artillery and multiple launch rocket systems, as well as rocket and air strikes,” the report says.
According to confirmed UN data, 331 men, 211 women, 40 boys and 22 girls died, while the sex of 61 children and 815 adults has not yet been determined.
Among the 2,195 injured, 43 are girls and 40 boys, as well as 100 children, whose sex has not yet been determined.
Compared to the previous day, two children were killed and five injured, according to the UN.
OHCHR indicates that in Donetsk and Luhansk regions, as of midnight April 5, there were 407 (405) dead and 808 (793) injured in government-controlled territory, and 67 (67) dead and 257 (253) injured in territory controlled by self-proclaimed “republics”.
In other regions of Ukraine under government control (in Kyiv, as well as in Zhytomyr, Zaporozhye, Kiev, Sumy, Odessa, Mykolaiv, Kharkiv, Kherson, Dnepropetrovsk, Cherkasy and Chernihiv regions), the UN recorded 1006 (958) dead and 1130 (1051) injured .
The report also states that, according to the Office of the Prosecutor General of Ukraine, as of 08:00 on April 5, 165 (161) children were killed and 266 (264) were injured.
The increase in indicators in this report compared to the figures in the previous report should not be attributed only to new cases that occurred on April 4, since during the day OHCHR also verified a number of cases that occurred in previous days, the document specifies.

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THE FIFTH PACKAGE OF EU SANCTIONS INCLUDES BAN ON IMPORT OF RUSSIAN COAL AND ON TRANSACTIONS WITH 4 BANKS

The President of the European Commission (EC), Ursula von der Leyen, announced on Tuesday proposals for new sanctions of the EU’s fifth package against Russia.
“The ban on coal imports from Russia worth 4 billion euros per year, which cuts another important source of income for Russia. A complete ban on transactions with four key Russian banks, including VTB, the second largest Russian bank,” the report said. statement of the head of the EC, published on Twitter.

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CARS WITH UKRAINIAN REGISTRATION CAN TRAVEL ON THE ROADS OF BULGARIA FOR FREE

The fare on the roads of Bulgaria is not charged for any car with a Ukrainian registration number (electronic vignette for cars weighing up to 3.5 tons and a tariff for trucks and buses over 3.5 tons) when using the national road network, according to the Motorny website ( Transport) Insurance Bureau of Ukraine (MTSBU).
The corresponding decision adopted by the Council of Ministers of Bulgaria came into force on February 24, 2022 and will be valid until the need for humanitarian and medical assistance is eliminated.
All violations in the electronic system of vehicles generated for cars with Ukrainian registration after February 24, 2022 are closed. Thus, cars with Ukrainian registration can freely leave the territory of Bulgaria even if they violate traffic rules.
The National Service (BGTOLL) has a customer service hotline that operates daily from 8:00 am to 10:00 pm. By calling 0700 10 876 or by e-mail info@bgtoll.bg all persons, including Ukrainians, can receive the necessary information.
The report also notes that in Poland, travel on toll roads for cars with Ukrainian numbers is also now free. In Slovakia, cars from Ukraine can move without purchasing an online vignette. In Germany, the autobahns are free for all cars.

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