Interfax-Ukraine news agency has announced that it has signed a license agreement with Dun & Bradstreet (D&B), becoming its official representative in the Ukrainian market. This step symbolizes a new stage in the development of the Ukrainian business environment, as it opens up access to global resources for verifying and analyzing business information.
The main product of D&B available through Interfax-Ukraine is D&B Hoovers, an online database that allows users to search and verify information about companies around the world. This tool will become an indispensable assistant for those seeking to expand their business horizons.
Also in the arsenal of products are Business Information Reports, which offer an extended investigation of the activities of any company in the world.
Users of D&B and Interfax-Ukraine services will be able to check foreign partners and counterparties, build corporate relationships, minimize risks in terms of payments and contract performance, and search for potential clients and partners around the world. D&B also conducts investigations, aggregates data on counterparty payments, analyzes business statistics and calculates various indices, including fraud, bankruptcy, payment discipline, and financial stability.
D&B’s business assessment ratings are considered a global benchmark for making decisions on cooperation. Due to the volume of orders and the well-established business procedure, D&B’s services are affordable, and access to information has a user-friendly interface that simplifies data processing.
Oleksandr Martynenko, CEO of Interfax-Ukraine, said that cooperation with Dun & Bradstreet is an important step in the agency’s development.
“We are proud to open the gateway to the global information services market for our clients. Our goal is to provide Ukrainian companies with up-to-date and accurate information that will help them grow and prosper in a globally competitive environment. The cooperation between Interfax-Ukraine and Dun & Bradstreet opens up new opportunities for Ukrainian companies seeking to expand their business internationally,” he emphasized.
In his turn, Maksym Urakin, Deputy CEO of Interfax-Ukraine and Head of the Business Unit D&B-Interfax-Ukraine, emphasized the strategic importance of the partnership between Interfax-Ukraine and Dun & Bradstreet for Ukrainian business.
“Now, having access to D&B’s global network of information, Ukrainian entrepreneurs will be able to significantly improve their competitiveness and reduce risks when searching for and screening partners around the world using the most advanced tools for business intelligence and strategic planning,” said Urakin.
This cooperation, in his opinion, is also evidence of the growing interest of global corporations in the Ukrainian market, emphasizing the potential and opportunities that, despite the war, are opening up for investors in the context of business globalization and the prospects for rebuilding Ukraine.
Interfax-Ukraine, as the official representative of D&B in Ukraine, is ready to provide a full range of D&B services and products, including detailed business intelligence and analytics that will be useful to anyone seeking to make informed and balanced business decisions.
The company invites interested parties to discuss cooperation opportunities and demonstrate the system at their convenience, emphasizing its openness to new partnerships and readiness to support the development of the Ukrainian business environment in accordance with international standards.
“Interfax-Ukraine is an independent Ukrainian news agency that has been operating in the Ukrainian political and economic information market since 1992 and has gained a reputation as the most authoritative and competent provider of timely and objective information. The editorial office (headquarters) is located in Kyiv. “Interfax-Ukraine is not a part of any foreign media holdings. The owner of Interfax-Ukraine is Oleksandr Martynenko.
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The National Bank of Ukraine has updated the requirements for the capital structure of banks in accordance with the norms of the law adopted in June 2021 on improving the organization of corporate governance in banks and other issues of functioning of the banking system (No. 1587-IX), which determine the introduction of a new (three-tier) capital structure for banks from August 5, 2024.
“The new requirements are expected to be introduced in stages: by April 1, banks must develop internal regulations for determining the amount of regulatory capital; from April 1 to July 1 – to conduct test calculations and report their results to the NBU; from August 5, 2024 – to begin the implementation of the calculation of regulatory capital according to the new requirements,” the regulator said in a release on its website.
It is indicated that the regulation on the procedure for determining the amount of regulatory capital by banks of Ukraine determines: the procedure for calculating the basic capital of I level, additional capital of I level, capital of II level, their components and deductions from them; requirements for the components of capital, at the expense of which the capital is formed; procedure and conditions for obtaining by the bank of the permission / approval of the National Bank regarding the inclusion of individual components in the capital, etc.
The National Bank emphasized that the introduction of the new capital structure is another significant step towards the standards of the European Union.
“The introduction of the new capital structure for banks is a significant step to improve the stability of the banking system and its competitiveness. Taking into account the results of the stability assessment, the current state of banks and the phased introduction of new requirements, we are confident that banks will cope with this task,” the release quotes First Deputy Head of the NBU Ekaterina Rozhkova as saying.
It is specified that the regulation on the procedure for determining the size of regulatory capital by banks of Ukraine was approved by the resolution of the Board of the National Bank of December 28, 2023 № 196, which comes into force on December 30, 2023.
The Ministry of Health intends to implement more than 100 digital projects in 2024, many of which are designed to implement EU directives and regulations in Ukraine, Deputy Minister of Health for Digital Development Maria Karchevych said during a telethon on Friday.
She also said that the Ministry of Health intends to make digitalization a part of the agency’s anti-corruption program, which was formed for 2023-2025 and includes 67 measures. In particular, these include the formation of supervisory boards in medical institutions, increasing the accountability of medical institutions, and managing stocks of medicines and medical devices.
“Where digital solutions are used, there will be greater transparency. Automation and certain electronic solutions allow for both control and accountability,” she said.
Karchevych emphasized that the electronic procurement management system will apply to procurement at the expense of local budgets, as well as to supplies made with the support of international partners.
“The electronic system will allow us to fully manage the stocks of medicines and medical devices in Ukraine, regardless of the source of their procurement, delivery or receipt,” she said.
Karchevych reminded that the Ministry of Health plans to gradually introduce a blood donation information system starting in 2024.
Exports of agricultural products in December 2023 should exceed 6 million tons, which became possible due to the opening of the Ukrainian shipping route, said Maksym Kharchenko, analyst at UkrAgroConsult, an information and analytical agency.
“Exports of agricultural products in December 1-15 totaled 3.38 million tons, which is 20% more than in the same period of the previous month. At the same time, the share of land exports in total exports decreased to 14.1% amid increased activity of seaports. At the same time, the role of the Danube ports in the first half of December was the lowest for the whole of 2023,” he said.
According to him, the rate of exports of agricultural products by road decreased by the end of the year due to the continuation of strikes in neighboring European countries. Currently, a queue of almost 4,000 trucks has formed to enter Ukraine from Poland. The Ministry of Infrastructure of Ukraine says that by the end of this year, Ukraine and Poland may come to a common position on blocking the borders.
“It should be noted that vegetable oils remain the main commodity transported by road for export,” UkrAgroConsult said.
Speaking about the export of agricultural products by rail, analysts noted that its pace in the first weeks of December is only slightly behind the pace of previous months. The total export volume in December is forecast at 800-900 thousand tons, which does not differ from the average for the last four months. Export flows by rail have not yet had time to reorient towards seaports.
UkrAgroConsult reported that as of December 19, 6.6 thousand railcars with grain (or about 400 thousand tons) were heading to Ukrainian seaports via domestic rail transportation, which is almost a thousand more than a week earlier.
At the same time, exports by sea through the ports of the Danube region in the first half of December amounted to only 0.56 million tons, which is far behind the same period last month.
“The Danube region is gradually losing its attractiveness for exporters due to the opening of a much cheaper option for exporting through Odesa ports,” analysts explained.
Partly due to the activity of the ports in the Danube region, in January-November, the Romanian port of Constanta shipped 32.6 million tons of grain, setting a record (the previous annual record was just over 25 million tons). Ukrainian grain amounted to 13 mln tons, or about 40% of the total transshipment volume. In 2022, the volume of transshipped agricultural products from Ukraine in the port of Constanza amounted to 8.6 million tons, UkrAgroConsult stated.
Ilta, the official dealer of Peugeot, Citroёn, DS and Jeep in Kyiv and Kyiv region, earned UAH 34.84 million in net profit in January-September this year, compared to a loss of UAH 36.67 million in the same period in 2022.
According to the company’s interim financial statements published in the NSSMC disclosure system, its net income increased by 83% to UAH 471.55 million.
The company’s profit from operating activities increased 3.8 times to UAH 56.52 million, and gross profit by 66% to UAH 86.35 million.
Ilta has been operating in Ukraine since 1991. It is the official dealer in Kyiv and Kyiv region of Stellantis car brands – Peugeot, Citroёn, DS, and since 2023 – Jeep.
The company provides a full range of operational leasing services for cars and commercial vehicles, customer car administration services, sales of new and used cars, maintenance, and also rents office space in its own business center.
According to the company’s annual report, in 2022, it suffered a loss of almost UAH 34 million, up 60.6% year-on-year, with net income more than halving to UAH 339 million.
In Ukraine on December 31 without precipitation, at night in the northeastern part of the small rain and wet snow, reported Ukrhydrometcenter.
At night and in the morning in the southern part of the fog, weak ice.
The wind is west, southwest, 5-10 m/s.
The temperature at night from 4° warm to 1° frost, in Crimea 1-6° warm; in the daytime 3-8° warm, in the southern part 7-12°.
In the Carpathians, light wet snow at night, no precipitation in the daytime; temperatures at night and in the daytime around 0°C.
In Kiev on Sunday, December 31, without precipitation. The wind is southwest, 5-10 m/s. The temperature at night 2-4° of heat, during the day 4-6° of heat.
According to the Central Geophysical Observatory named after Boris Sreznevsky. Boris Sreznevsky in Kiev on December 31, the highest daytime temperature was 8.2 in 1925, the lowest nighttime temperature was -30.0 in 1895.
On Monday, January 1, in the western, afternoon and northern regions rain, in some places with wet snow; in the rest of Ukraine without precipitation.
In the south-eastern part at night and in the morning in some places fog.
Wind south, southwest, 5-10 m/s.
The temperature in the southern part of the night 1-6° warm, in the afternoon 6-11°; in the rest of the territory from 2° frost to 3° warm at night, in the western regions 3-6° warm; in the afternoon 1-6° warm.
In the Carpathians, wet snow; temperatures at night and in the daytime around 0°C.
In Kiev on Monday, January 1, at night without precipitation, rain in the afternoon. The wind is south, southwest, 5-10 m/s. The temperature at night 0-2° warm, in the afternoon 3-5° warm.
