Ukraine and Moldova plan to bring mutual trade to $1 billion in 2018. This was discussed during a meeting of the heads of government of Ukraine and Moldova, Volodymyr Groysman and Pavel Filip, in Kyiv on Saturday, the press service of the Ukrainian government said.
“I’d like to note the positive trends in our mutual trade. According to the results of the first half of the year, we have increased our trade by 40% – up to about $500 million. We can reach $1 billion by the end of the year,” said Groysman.
The premiers also noted that the planned joint activities between Ukraine and Moldova are being carried out. So, joint control has been introduced at the international check point Kuchurgan – Pervomaisk, two more control points are being prepared for this procedure. The issue of drivers’ stay on the territory of Ukraine and Moldova has been settled.
We plan in the near future to start construction of a new bridge across the Dniester and further implementation of the project is to merge the power systems of the two countries with the European ENTSO-E system.
The International locomotive building conglomerate Skoda Transportation has opened the first official representative office in Ukraine in Dnipro, according to the website of Dnipro City Council.
“The Dnipro residence will develop design projects for railway and public transport for the Czech company, as well as look for suppliers for production,” the report says.
Cooperation will also be facilitated by the presence in Dnipro of a network of manufacturers and repair enterprises of locomotive and heavy engineering.
“Our goal is for Skoda to return to Ukraine. Dnipro is a non-random choice. The city has a great potential,” Skoda Transportation Director for Human Resources Tesar Lumir said during the opening of the representative office.
Skoda Transportation produces railway locomotives, subway cars, suburban electric trains, as well as trams, trolleybuses, buses, engines, traction equipment. The conglomerate is also engaged in the modernization of rail and public transport. The brand cooperates with fourteen countries of the world, including Poland, China, and the United States.
Non-banking financial group UNIQA Ukraine, which includes the insurance companies UNIQA (non-life) and UNIQA Life (life), in January-September 2018 collected insurance premiums worth UAH 2.010 billion, which is 27.1% more than in the same period a year earlier, according to a press release from the insurer.
It is also noted that the volume of UNIQA premiums for the first nine months of this year amounted to UAH 1.550 billion, which exceeds the figure of the nine months of 2017 by 23.4%.
The largest amount of premiums was recorded in KASKO insurance (UAH 536.1 million, 26.6% more compared to the same period of the previous year) and in voluntary medical insurance (UAH 282.1 million, 70.8% more).
UNIQA insurance claim fee payments in the nine months of 2018 amounted to UAH 601.8 million, which exceeds the same period in 2017 by 36.2%.
The pretax financial result was UAH 79.9 million, the net financial result was UAH 69.2 million.
The company’s insurance reserves amounted to UAH 1.930 billion, which exceeds the same period in 2017 by 161.1%. Assets taken to cover insurance reserves are 18.4% higher than the amount of insurance reserves and amount to more than UAH 2.3 billion. The actual solvency margin is UAH 462.4 million and exceeds the norm by 55.9%.
The framework bill on the key principles of the government agricultural policy and rural development policy (No. 9162), which should determine Ukraine’s agricultural strategy, has been registered by a group of lawmakers.
“The document introduces the Agrarian Attache Office to represent and protect the interests of Ukrainian agricultural producers abroad. A step-by-step implementation of the government policy will be an action plan for implementing the basic principles for the development of the government agricultural policy and rural development policy, which will be developed for the period of five years to implement the law. Monitoring of the corresponding plan of measures is also proposed,” the co-author of the bill, MP Oleh Kulinich (deputy group Vidrodzhennia Party) said on his Facebook page.
According to MP Mykola Kucher (Petro Poroshenko Bloc parliamentary faction), the bill will also introduce additional control over the management of state-owned land.
“Although at first glance, bill No. 9162 is declarative, but it is it that establishes the fundamental principles of the formation and implementation of the government agrarian policy, thereby getting a strategic content,” Kucher said.
Lithuanian President Dalia Grybauskaite will visit Ukraine in a few days, President of Ukraine Petro Poroshenko has said. “Dalia Grybauskaite, President of Lithuania … will be in Kyiv in a few days as my guest, a guest of Ukraine,” Poroshenko said during a meeting with students of the National University of Trade and Economics in Kyiv.
Ukraine in January-October 2018 increased electricity exports by 13.5% (by 600.5 million kWh) compared to the same period in 2017, to 5.05 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. The supply of electricity from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania increased by 15.6% (by 419.4 million kWh), to 3.103 billion kWh.
Export of electricity to Poland increased by 57.6% (by 424.6 million kWh), to 1.161 billion kWh.
Electricity supplies to Moldova amounted to 785.5 million kWh, which is 23.7% (243.5 million kWh) less than in January-October 2017.
Ukrainian electricity was not exported to Belarus and Russia in January-October 2017 and January-October 2018.
At the same time, in October 2018, export of Ukrainian electricity amounted to 532.4 million kWh, which is twice more than in October 2017 (267.4 million kWh).
In addition, Ukraine in January-October 2018 imported 26.489 million kWh of electricity.
