Foreign trade turnover by the most important positions in Jan-Nov 2020 (import).
Thanks to the implementation of Green Deal, 500,000 jobs can be created in Ukraine, acting Energy Minister Yuriy Vitrenko has said.
“Ukraine has a huge development potential thanks to the Green Deal. We can create 500,000 jobs thanks to it. This is a transition to a ‘green’ economy, this is a transformation of the country,” he said during the fourth German-Ukrainian business forum on Friday.
At the same time, Vitrenko noted that Ukraine has a great potential for producing “green” energy and increasing the level of energy efficiency, as well as the opportunity “to become a partner of Europe for decades in the export of ‘green’ hydrogen.”
As reported, DTEK CEO Maksym Timchenko in early February announced the launch of the first pilot projects for the production of “green” hydrogen by the end of this year. “Green” hydrogen is the direction where we want to be leaders. We are working to ensure that the first pilot projects appear by the end of 2021, he said.
The single counterparty exposure limit (H7, should be no more than 25%) as of March 1, was violated by Prominvestbank (82.02%), Sberbank (50.23%) and Industrialbank (49.51%), according to the website of the National Bank of Ukraine (NBU).
According to the regulator, the related party transactions exposure limit (H9, should not exceed 25%) was violated by First Investment Bank (52.02%), Unex Bank (28.17%), Megabank (27.56%) and Land Capital Bank (26.75%).
The limit on bank total long open FX position (L13-1, should be no more than 10%) was violated by Oschadbank (129.99%), Prominvestbank (114.57%), PrivatBank (95.74%) and Industrialbank (12.35%).
The limit on bank total short open FX position (L13-2, should be no more than 10%) was violated by Prominvestbank (110.36%).
FIRST INVESTMENT BANK, INDUSTRIALBANK, LAND CAPITAL BANK, MEGABANK, NBU, OSCHADBANK, PRIVATBANK, PROMINVESTBANK, REQUIREMENTS, SBERBANK, UNEX BANK, VIOLATE
Obolon Corporation (Kyiv), one of the largest brewing companies in Ukraine, in 2020 increased its net profit by 36.6% compared to 2019, to UAH 351.81 million.
According to the corporation’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets grew slightly over the year to UAH 5.89 billion, and retained earnings amounted to UAH 181.04 million compared to an uncovered loss of UAH 329.25 million in 2019.
The total accounts receivable of Obolon over the last year increased by a quarter, to UAH 463.38 million.
In accordance with the statement, at the annual meeting of Obolon shareholders scheduled for April 22, it is planned to approve decisions on attracting Grant Thornton Legis LLC to the audit on the financial results of 2020 and directing the net profit received for the year to the production development.
In addition, it is planned to approve a decision on the implementation of significant transactions with a total value of up to UAH 14 billion, which can be used to conduct business in 2021.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of PrJSC Obolon is Ukrainian businessman and former MP Oleksandr Slobodian.
It was noted that low-alcohol drinks produced by Obolon in 2020 occupied a third of the Ukrainian market for this product.
Obolon Corporation produces beer, soft and low alcohol drinks, mineral water, snacks, and is the country’s largest exporter of beer.
It includes the main plant in Kyiv and nine enterprises in the regions of the country.
The main brands are Obolon, Carling, Zlata Praha, Hike premium, Zibert, Keten, Hardmix, BeerMix, Desant, Zhygulivske, Zhyvchyk, Obolonska and Prozora. The corporation also produces low-alcohol drinks Rio, Gin Tonic, Vodka Lime, Whiskey Cherry, Rum Cola, Brandy Cola and Ciber.
President of Ukraine Volodymyr Zelensky is initiating the creation of the National Investment Fund in order to create favorable conditions for the implementation of large-scale investment projects, the development of international economic cooperation and increase the competitiveness of the Ukrainian economy.
Corresponding decree No. 103/2021 on the National Investment Fund was posted on the website of the head of state on Friday, March 19.
According to the decree, the Cabinet of Ministers was instructed, in the prescribed manner, to take measures to create the National Investment Fund and standardize the issues of its activities, in particular, regarding the determination of the activities of the fund, its management bodies and their powers, the procedure for the formation of the charter capital, sources of formation of the fund’s resources, the use of profit, monitoring the activities of the fund, conducting an independent audit.
The decree comes into force on the day of its publication.
National bank of Ukraine’s official rates as of 19/03/21
Source: National Bank of Ukraine
