PJSC “Enterprise with foreign investment (EFI) “Intervzryvprom” (Gorishni Plavni, Poltava region) at the end of 2021 increased its net profit in 2.6 times compared with 2020 – up to 113.354 million UAH from 43.858 million UAH.
According to the company’s announcement about the annual meeting of shareholders, which will be held on December 27, the undistributed profits at the end of last year amounted to 72.175 mln hryvnia.
The draft decisions of the meeting proposed to the shareholders to approve the profit received in 2021 in the amount of 113,354 mln hryvnia. Of these UAH 40,879 mln to be used for paying off the losses of previous years, UAH 1 mln 599,9 thousand for the formation of the reserve capital of the company and UAH 70 mln 875,1 thousand to be left undistributed.
Not to pay dividends on the results of activity of PrJSC in 2021.
The stockholders will also summarize the results of the company’s activity for 2021, approve reports and approve major transactions.
As it was reported, in 2004-2005 Intervzryvprom put into operation at Poltava Mining and Processing Enterprise a technological line for production of emulsion and a mixing and charging machine which was purchased in the USA.
PJSC Intervzryvprom Foreign Investment Company (FIC) was founded in May 2001. It is engaged in the production of explosives.
According to the data of the National Tax Service as of the fourth quarter of 2021, PrJSC Ukrainian Financial Company and Intervzryvprom Ltd have 24.9981% each of the company’s shares, while M&Q Trading Limited and West Industrial Investment company Ltd (both in Cyprus) have 24.9972% each.
Intervzivprom Ltd. was registered in September 2000 with the registered capital of 1.5 million hryvnias. The company’s beneficiary Konstantin Nosov (Kiev) owns a 99.2% stake. Among its main activities is the production of explosives.
The registered capital of PJSC Intervzryvprom is UAH 10.666 mln, and the par value of its shares is UAH 100.
As of November 24, the volume of financing actually allocated to Ukraine by international partners since the beginning of the war to cover the state budget deficit totaled $25.731 billion, and another $1 billion – for reconstruction, or 71% of the declared aid totaling $37.581 billion, the Ministry of Finance of Ukraine reports.
According to the data published on its website, grants accounted for less than half of the received funds – $10.49 billion, or 39.2%.
A month earlier, as of October 26, the funding was $23.123 billion to cover the budget deficit and $1 billion for reconstruction, or 65% of the announced aid for a total of $36.959 billion, and the grants were the same.
As indicated by the Ministry of Finance, the largest support to Ukraine was announced by the U.S. and the European Union – respectively, $12.99 billion and $11.5 billion. The U.S. allocated $8.49 billion, or 65%, of this amount, all in the form of grants, the EU – $7.367 billion, or 64%, of which only $626 million in the form of grants.
According to the table, the five largest donors of pledged aid are close to the International Monetary Fund (IMF), European Investment Bank (EIB) and Canada – $2.71 billion, $2.32 billion and $2.021 billion respectively. The IMF has allocated all the funds, while the EIB and Canada – $1.72 billion and $1.521 billion respectively, all as loans. At the same time, the EIB is so far the only one that has provided financing for the recovery.
Next comes the World Bank, Germany and Britain – $1.765 billion, $1.373 billion and $1.076 billion, respectively, of which Germany and Britain provided $1.049 billion and $128 million in grants respectively. These countries have allocated all the pledged funds, while the WB only 56%.
The donor to Ukraine’s budget of over $500 million since the start of the war is also Japan – $581 million: these funds have already been received, and all in the form of loans.
France announced support for the Ukrainian budget of $432 million, of which it received 77%, while Italy and the Netherlands gave $332 million and $330 million, respectively (of which Italy gave $125 million in grants). Italy has already provided all the funds, while the Netherlands has so far allocated one-third – $106 million.
Another nine countries have pledged a total of $172.5 million, of which $149.5 million has already been received, including $80.5 million in the form of grants. Sweden and Denmark are the largest: $49 million and $53 million, respectively, but Denmark has so far given only $53 million, but all in the form of grants.
The Ministry of Finance also pointed out that since the beginning of the war, the National Bank of Ukraine has covered the budget deficit by 355 billion UAH, or $11.246 billion in equivalent, through direct purchase of war bonds.
The monthly need to finance the state budget deficit this year because of the war, according to the Ministry of Finance and the government, is about $5 billion. Next year, the government plans to reduce the state budget deficit by $3-4 billion a month (a total of $38 billion for the year), counting on its financing by the United States, IMF and EU, and intends to raise $17 billion for emergency reconstruction.
Emission financing through the purchase of government bonds by the National Bank in the approved state budget-2023 has not yet been included, although such an option, as noted by Finance Minister Sergei Marchenko, remains. The NBU also admitted that next year the emission financing may still be needed, but insisted that its volume should not exceed 200 billion hryvnias per year.
Internal and external debt of Ukraine in 2009-2022
http://www.minfin.gov.ua
The Republic of Korea will provide Ukraine with high-power generators, First Deputy Chairman of the Verkhovna Rada Alexander Kornienko said in Seoul, according to the website of the Ukrainian parliament.
The website of the Verkhovna Rada also quotes the Ambassador of Ukraine in the Republic of Korea Dmytro Ponomarenko: “It has been agreed with the Korean side to transfer 20 generators rated 450-500 kW and five mini-excavators DOOSAN DX17 as humanitarian aid to Ukraine. It is planned to deliver the generators by charter flight on December 12 of the current year. Also in December it is planned to charter a ship for transportation of excavators but a specific date has not been defined yet”.
Kornienko emphasized that Ukraine very much appreciates “the support that Korea has already provided and the support that it plans to provide!”
The first vice-speaker of the Verkhovna Rada heads the parliamentary delegation, which is on a working visit to South Korea on November 24-26.
The EU Talent Fund trial project has created an online job search tool for Ukrainian citizens fleeing the war and looking for work in the EU.
According to the Ukrainian Foreign Ministry’s press service on Friday, the portal can be used by Ukrainian citizens who are on the territory of EU member states as temporarily displaced persons.
“The EU Talent Trial Fund is an opportunity to upload your resume and find your employer. The portal is used by more than 4,000 public employment services and private employment agencies. And that’s more than 3 million job openings from a variety of fields,” the report says.
Finland, Lithuania, Poland, Slovakia, Croatia, Spain and Cyprus take part in the project, according to the Fund’s page on the European Commission’s website.
