The Ministry of Justice of Ukraine intends to launch a register of debtor companies on wages, Justice Minister of Ukraine Pavlo Petrenko has said. “We announce the opening of a public register of the biggest debtors on wages,” he told journalists in Kyiv.
Petrenko also informed that in the current year about UAH 100 million of wage arrears have already been collected.
JKX Oil&Gas Plc with assets in Ukraine saw a 52.3% fall in net loss in 2017, to $17.7 million. According to an annual report of the company posted on the website of the London Stock Exchange (LSE), revenue last year grew by 3.5%, to $76.4 million, and operating profit stood at $7.8 million compared with $3.9 million of loss a year ago.
In 2017 group average production was 8,658 barrels of oil equivalent per day (boepd, 14.1% down year-over-year).
Production in Ukraine fell by 12%. Gas production fell by 10%, to 16.7 million cubic feet per day (MMcfd). Oil and gas condensate output decreased 20%, to 719 boepd.
As reported, in Ukraine JKX owns Poltava Petroleum Company.
The largest shareholders of JKX are Eclairs Group of Ihor Kolomoisky and Hennadiy Boholiubov with 27.47% of the shares, Keyhall Holding with 11.42% of the shares, Neptune Invest & Finance Corp with 12.95%, and Russia’s Proxima Capital Group with 19.92% and Interneft Ltd. with 6.6%.
Alfa Smart Agro has installed an automated crop protection agent package line at Bila Tserkva preparative forms plant (Kyiv region). The company said that the launch of the line was financed from investment in the development of the plant. Total investment for 2017-2018 would be UAH 90 million.
The line control is computerized. The line services production of herbicides. Its production capacity is 3,600 liters per hour on average.
The company said that the installation of the package line is one of the stages of modernization of production. Soon the similar line will be installed in the pesticide production workshop.
Bila Tserkva preparative forms plant was opened in 2016. It produces crop protection agents and micronutrient fertilizers. Today, its annual capacity is 11,400 tonnes, which allows covering around 15% of the needs of the Ukrainian market.
About 1,000 medical institutions have been registered in the eHealth system, Deputy Minister of Health Pavlo Kovtoniuk has said.
“There is already a lot of health institutions registered in the system. On March 28 there are 928 health facilities,” he said at a briefing in Kyiv.
According to the Ministry of Health, at present there are 1,232 medical institutions of primary level in Ukraine without taking into account ambulatory clinics.
Kovtoniuk also said that all medical institutions of primary care in Kyiv are ready to sign declarations with patients.
“Yesterday we held a meeting with Kyiv medical institutions, all of them declare their readiness to sign declarations from the first week of April,” he said.
At the same time, the deputy minister of health noted that “it is important not to rush” for the Ministry of Health.
“The main thing is not the speed, but the quality of selecting the doctor. We tell institutions that they must be qualitatively ready to accept declarations. The process of choosing a doctor begins on April 2 and does not end, so we do not need to run and queue, but we do not recommend postponing the signing of the declaration,” he said.
The National Commission on Securities and the Stock Market has signed a memorandum of cooperation with the European Federation of Energy Traders (EFET) on the development of commodity markets for energy products and financial instruments markets, on which energy products are the basic asset.
According to a press release of the commission, the parties will cooperate in developing new securities and bankruptcy legislation that will provide the netting of commodity derivatives and the effective protection of netting in operations with such products such as natural gas, electricity and the like.
“Now energy companies and producers operating in the Ukrainian market do not benefit from liquidation netting when implementing agreements and must make prepayment for the supply of gas when dealing with counterparties with the EU. This situation does not contribute to the creation of a highly liquid energy market in Ukraine similar to the markets of the EU countries. Therefore there is the need to improve the domestic legislative framework and implement relevant EU directives,” the press release noted.
According to the commission, the norms on the introduction of liquidation net settlement of derivatives are already contained in draft law No. 7055 on capital markets and regulated markets.
EFET unites European energy traders working in wholesale electricity and natural gas markets. The federation was founded in 1999 in response to the liberalization of European electricity and gas markets.
