Business news from Ukraine

Mykhailo Kokhan wins bronze in hammer throw at Olympics

Ukrainian athlete Mykhailo Kokhan won a bronze medal in the hammer throw final at the 2024 Olympic Games in Paris.

Kokhan threw the projectile 79 meters 39 cm. Canadian Ethan Katzberg became the Olympic champion with a distance of 84 m 12 cm, and Hungarian Halas Benze took second place with a distance of 79 m 97 cm.

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Yaroslava Maguchikh wins gold medal in high jump at Olympic Games

High jumper Yaroslava Maguchikh won the gold medal in the women’s high jump at the 2024 Olympic Games in Paris.

Yaroslava Maguchikh finished the final with a height of 2.04 meters, beating Australian Nicola Oleslagers in the final.

Maguchikh is a world record holder, Olympic champion at the 2024 Summer Olympics, bronze medalist at the 2020 Summer Olympics, European indoor track and field champion (2021), European junior champion, world and European youth champion, world record holder (2024) and world record holder among juniors (under 20), world (2023) and European (2022, 2024) champion.

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Turkey ratifies free trade agreement with Ukraine

Turkey has ratified a free trade agreement with Ukraine, Anadolu quoted the country’s official newspaper as saying on Friday.

The agreement was signed on Feb. 3, 2022, and President Recep Tayyip Erdogan approved the deal and its annexes on Thursday.

Turkey-Ukraine bilateral trade volume in 2023 totaled $7.3 billion, Turkish Trade Minister Omer Bolat said Thursday after meeting with Ukraine’s First Deputy Prime Minister Yulia Sviridenko.

According to him, the trade volume is expected to increase to $10 billion within a short period of time under the said agreement.

The main areas of trade between the two countries are ferrous metallurgy, machine building, energy, automobile and grain.

 

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China announces support of more than 110 countries for plan for political settlement of situation in Ukraine

Li Hui, the Chinese government’s special representative for Eurasian affairs, said that 110 countries supported the joint plan of China and Brazil, the Six-Point Consensus, for a political settlement of the “Ukrainian crisis” (as China prefers to call the Russian invasion of Ukraine), the Chinese Foreign Ministry reports.

“The current war between Russia and Ukraine is still ongoing, and the top priority is to help cool the situation. The “Six-Point Consensus” jointly issued by China and Brazil to promote a political solution to the Ukrainian crisis has received positive feedback from more than 110 countries. China is willing to continue to strengthen communication and coordination with Brazil to jointly promote a final political solution to the Ukrainian crisis,” Li Hui said.

It is noted that on July 29, Li Hui visited Brazil and held meetings and talks with government officials, with whom he exchanged views on the situation in Ukraine.

Source: https://interfax.com.ua/

Forecast of unemployment rate in Ukraine according to methodology of international labor organization until 2025

Forecast of unemployment rate in Ukraine according to methodology of international labor organization until 2025

Source: Open4Business.com.ua

Austrian IC Grave Ukraine Life Insurance has increased its authorized capital to UAH 81.5 mln.

PJSC “Grave Ukraine Life Insurance” (Kiev) has increased its authorized capital from UAH 26.903 million to UAH 81.571 million, the company was notified by the Central Depository of Ukraine on July 31, according to the information posted in the system of NCSSM.

The increase of the authorized capital by UAH 54.668 mln was made at the expense of a part of the profit received by the company.

The decision on the issue was made at the shareholders’ meeting on April 15, 2024.

PJSC Grave Ukraine Life Insurance and PJSC IC Grave Ukraine are part of NFG Grave Ukraine, the ultimate beneficiary of which is GRAWE-Vermögensverwaltung (Austria).

 

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