The mobile operator Kyivstar (Kyiv) in 2020 received UAH 10.370 billion of net profit, which is 15.72% more than in 2019, according to the announcement of the operator on holding an annual meeting of shareholders on April 29.
According to it, the company’s retained earnings for the year amounted to UAH 10.384 billion compared to UAH 12.752 billion a year earlier.
“Determine that the accumulated retained earnings of the company as of the end of 2020 are retained earnings subject to further distribution in the form of dividends (annual or interim) or any other use by decision of the general meeting of shareholders of the company,” the draft resolution of the meeting says.
According to the announcement, the long-term liabilities of Kyivstar for the year increased 2.8 times, to UAH 7.012 billion, while the current liabilities by 4.2%, to UAH 8.512 billion, and total debtor indebtedness decreased by 2.6%, to UAH 826 million.
In 2020, the company increased its fixed assets by 14.8%, to UAH 13.824 billion, its total assets increased by 10.74%, to UAH 27.013 billion.
The number of mobile subscribers of the operator in the fourth quarter of 2020 decreased by 1.3% compared to the same period in 2019, to 25.9 million, while the number of fixed-line subscribers increased by 10.9%, to 1.1 million.
PJSC Donbasenergo in 2020 received a net profit of UAH 29.090 million against UAH 69.997 million of net loss in 2019.
This is stated in the agenda of a meeting of shareholders of the generating company scheduled for April 26, 2021.
According to it, the shareholders will consider two options for distributing profits: directing 30% (UAH 8.727 million) or 50% (UAH 14.545 million) of profit received in 2020 for dividend payments.
The rest of the profit (70-50%) is proposed to be directed to the production development fund.
Donbasenergo owns Starobesheve TPP (located in the occupied territory) and Sloviansk TPP with a total installed capacity of 2,880 MW. In March 2017, the generating company announced the loss of control over the operation of Starobesheve TPP, as well as part of the structural units located in the temporarily uncontrolled territory.
PrJSC Energoinvest Holding owns 60.86% of Donbasenergo shares, another 25% of the generating company is owned by the state.
Prices for construction and assembly work in Ukraine in February 2021 increased by 12% compared to February 2020, the State Statistics Service has said.
According to it, prices increased in all construction segments: construction of buildings saw an increase of 7.4%, of which residential – by 6.8%, and non-residential – by 7.9%; engineering construction increased in price by 19%. The prices for the construction of complex industrial facilities increased the most – by 41.2%.
Compared to the previous month, prices for construction of residential buildings increased by 0.9%, non-residential buildings by 2%, and engineering structures by 4.5%.
As reported, in 2020, prices for construction work in Ukraine increased by 3.7% compared to the previous year, while in 2019 – by 6%.
Ukraine International Airlines (UIA) will resume its flight Odesa – Istanbul (Turkey) – Odesa from March 29, 2021, the press service of the air carrier has reported.
In addition, UIA is also increasing the frequency of flights Kyiv – Istanbul – Kyiv to 21 flights a week.
The airline said that flights from Kyiv to Istanbul and back will be operated daily three times a day, and in some periods – four times a day.
Return flights on the Odesa – Istanbul – Odesa route will be operated on Mondays, Wednesdays and Fridays.
Direct flights from Kyiv and Odesa to Istanbul are also operated by Turkish airlines and Ukraine’s SkyUp Airlines.
The EU Delegation to Ukraine and the EU Advisory Mission to Ukraine welcome the signing by President of Ukraine Volodymyr Zelensky of the law on the Bureau of Economic Security and called for a transparent selection of the bureau’s team.
“The EU Delegation to Ukraine and the EU Advisory Mission to Ukraine welcome the signing by President of Ukraine Volodymyr Zelensky of the law on the Bureau of Economic Security. Key reform of investigation and law enforcement on economic crimes. Next steps: changes in the criminal procedure code, transparent selection of the BES Head and staff. The EU is ready to support,” the EU delegation to Ukraine said in on Twitter on Thursday.
As reported, on March 22, President of Ukraine Volodymyr Zelensky signed law No. 1150-IX on the Bureau of Economic Security of Ukraine, which the Verkhovna Rada adopted on January 28, 2021.
The Cabinet of Ministers of Ukraine on Wednesday decided to create a working group for consultations with the European Commission on aligning an approach on the introduction in Ukraine carbon tax – the carbon border adjustment mechanism (CBAM), permanent representative of the Cabinet of Ministers in the Verkhovna Rada Vasyl Mokan said.
“The European Commission is expected to submit a relevant legislative proposal to the European Parliament and the European Council by mid-2021. That is why there was a need for a unified approach of the Ukrainian side for communication and interaction with the European Commission on the issue of introducing CBAM in Ukraine,” Mokan wrote on his Telegram channel.
According to the explanatory note to the document, within the framework of the working group it is planned to develop a consolidated position of the Ukrainian side. The working group was chaired by Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna and Deputy Minister of Economy, Trade Representative of Ukraine Taras Kachka became her deputy.
As reported, the official documents of the European Commission and the European Parliament suggest that an individual approach will be applied to the third countries with which the EU has an Association Agreement or a free trade area when introducing CBAM.
CBAM envisages the introduction of an environmental duty for the import of products into the EU, depending on the amount of carbon dioxide emissions during the production process. Presumably, the mechanism will be launched on January 1, 2023 as part of the implementation of the Green Deal strategy.
