Former U.S. Department of State Special Representative for Ukraine, Kurt Volker, has become an independent member of the board of directors of BGS Rail, which operates in Ukraine, since September 1, U.S.-government funded Radio Free Europe/Radio Liberty has reported.
According to it, BGS Rail is registered in Ukraine. Avia Solutions Group expects Volker’s participation to strengthen the company’s presence in the market.
“By using his vast experience gained in previous positions, we believe that his arrival to the company will further expand Avia Solutions Group’s global reach and strengthen BGS Rail’s position as one of the market’s leading service providers,” the group’s statement reads.
It is noted that Avia Solutions also has in its disposal a comment made by Volker, who points to the opportunity to strengthen the Ukrainian economy in his new work.
“By working with Avia Solutions Group in its development of BGS Rail, I see an opportunity to strengthen Ukraine’s economy, build world-class services, and create jobs for Ukrainian citizens. This goes hand-in-hand with Avia Solutions Group’s global strategy of building world-class services and market position,” he said.
Volker served as Special Representative of the U.S. Department of State for Ukraine in 2017-2019.
The index of use of virtual assets by the population of Ukraine is the highest in the world, according to a study by the analytical blockchain company The Chainalysis, posted on the website of the Ministry of Digital Transformation of Ukraine.
According to the report, when calculating the index, analysts took into account the cost of sent crypto assets per capita, the balances of crypto assets at the addresses (wallets) of Internet users in Ukraine, as well as the volume of P2P and retail transactions (<$ 10,000), calculated at purchasing power parity.
It is noted that the high performance of Ukraine is due, among other things, to the world's largest (the top three) community of blockchain developers, a significant crypto community, a high level of digital awareness of the population, as well as a high-quality educational intellectual basis and a significant number of small businesses that mediate on international marketplaces where cryptocurrency is used for payments.
In addition, the primacy was influenced by the presence of legal and banking system restrictions on international transfers and a number of restrictions in more traditional areas, in particular the non-availability of a stock market, limited access to the global capital market, and high entry into the real estate market.
"The market of virtual assets in Ukraine is quite developed and has a significant turnover even on a global scale, but most of it is concentrated in the shadow zone, which creates potential risks for both the state, business and users," the press service of the ministry said.
It added that the ministry continues to create a legal framework for regulating the cryptocurrency market in Ukraine and hopes that in September the profile draft law on virtual assets will be considered by the parliament.
The Chainalysis is the leading blockchain analytics company that provides blockchain data and analytics to government and financial institutions, as well as participants in the virtual asset market.
The largest Polish air carrier LOT from September 1 increases the frequency of flights from Lviv to Warsaw from seven to 12 per week.
Flights will be operated twice a day: on Monday morning, Tuesday, Wednesday, Friday, Saturday and Sunday evening and Monday evening, Tuesday, Thursday, Friday, Saturday and Sunday evening, the international airport Lviv named after Danylo Halytsky reported on Facebook on Tuesday.
So, in the morning, departure from Warsaw is scheduled for 12:35, arrival in Lviv – at 13:35. Departure from Lviv is scheduled at 14:25, and arrival in Warsaw – at 15:25.
In the evening, departure from Warsaw is scheduled for 16:40, arrival in Lviv – at 17:40. Departure from Lviv at 18:30, and arrival in Warsaw – 19:30.
On September, 5 and 6 a sight worth princes will take place in the «Kyivan Rus Park» – The Horseback Archers Tournament. A rich show-program with the horse-trick performances, museums, master-classes, walks on a horseback, games with the guests – these and even more will make the weekend really thrilling for everyone!
The entry ticket price:
– for adults (full price) – 200 UAH.,
– for pensioners and students – 150 UAH.,
– for schoolchildren – 80 UAH.,
– for preschool children – for free,
Ancient Kyiv opens at 10:00. The program starts at 13:30.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».
The Danish agricultural company Agromino with assets in Ukraine, the Russian Federation and Estonia in January-June 2020 received EUR 760,000 in net profit against EUR 5.25 million in net profit for the same period in 2019.
According to the company’s report on its website, total income, adjusted for the fair value of assets and reserves, for the first half of this year increased by 23.2%, to EUR 35.47 million, of which EUR 33.57 million was provided by the Ukrainian agricultural segment.
Agromino’s EBITDA for the six months of 2020 was positive and increased by 10.2%, to EUR9.7 million.
“The results for the first half of 2020 include a foreign exchange loss of EUR2.1 million. In the first half of 2019, foreign exchange gains of EUR 600,000 were received,” the report says.
In the second quarter of 2020, Agromino reduced its net profit by 12.6% compared to the same period in 2019, to EUR 7.38 million, revenue increased by 12.9%, to EUR 23.46 million.
In 2019, Agromino received EUR 2.66 million in net profit against EUR 9.55 million in net loss in 2018. Its revenue for 2019 increased by 40.9% and amounted to EUR 35.62 million.
Agromino (formerly Trigon Agri) was established in 2006. It specializes in grain and dairy production, agricultural trade.
The amount of accrued insurance premiums under Green Card international insurance agreements concluded by the member companies of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) in January-July 2020 decreased by 35.48% compared to the same period of 2019, to UAH 669.9 million.
According to a report on the MTIBU’s website, the number of Green Card agreements concluded during this period decreased by 43.66%, to 348,800.
At the same time, the amount of compensations paid on claims increased by 31.13%, to EUR 11.1 million, while the number of claims paid by 18.87%, to 3,622.
The MTIBU is the only association of insurers that provides compulsory insurance of land vehicle owners’ civil liability for damage caused to third parties.
