Business news from Ukraine

Business news from Ukraine

DIM GROUP OF COMPANIES HELPS TO STRENGTHEN MONUMENTS IN KYIV

The DIM group of companies is assisting Kiev in strengthening monuments, has completed the installation of protective structures near the monument to Vladimir the Great, the press service of the group reported.

“We immediately responded to the request of representatives of the city authorities, quickly organized and provided everything necessary: scaffolding, formwork, workers who did their part of the work with high quality. Then the monument was laid with sandbags,” the founder and managing partner of the group of companies are quoted in the message. DIM Alexander Nasikovsky.

According to him, then the company will deal with the protective work of the monument to Bogdan Khmelnitsky in the capital.

According to the report, protection of cultural monuments, restoration of destroyed infrastructure and housing stock have now become the main activities of construction companies.

“By joint efforts and tireless work, we show the occupiers where their real place is, and we prove to the whole world that Ukrainians are a motivated, united and invincible nation,” Nasikovsky said.

As reported, the authorities of the capital turned to representatives of the construction business with a request to join the protection of the sights of Kyiv, as well as the creation of 3D models of important cultural and historical monuments, buildings that could fall under the fire of Russian invaders.

DAMAGE TO UKRAINE’S INFRASTRUCTURE FROM WAR ALREADY AMOUNTS TO $63 BILLION – KYIV SCHOOL OF ECONOMICS

As of March 24, 2022, the KSE Institute estimated damage to Ukraine’s infrastructure from the war in the country at $62.9 billion, or UAH 1.8 trillion, while its analysts increased the amount by $3.5 billion over the past week, according to a press release. release of the analytical division of the Kiev School of Economics KSE Institute.
“Compared to the data released on March 17, taking into account the new received more accurate data on damage (as a result of which certain items of losses were revised downward), the net increase (in damages) was $ 3.5 billion,” according to the KSE Institute. on Friday, citing data analysis from the Russia Will Pay project.
Analysts estimate that since the beginning of Russia’s full-scale invasion of Ukraine on February 24, the occupiers have damaged, destroyed or seized at least 4,431 residential buildings, 92 factories or businesses, 378 educational institutions, 138 healthcare facilities, eight civilian airports and 10 military airfields, seven TPP and HPP.
At the same time, over the course of a week, analysts received more detailed data from the Ministry of Infrastructure on the destruction of infrastructure facilities, on the basis of which, in a number of areas – railway infrastructure, bridges and bridge crossings, civil airports – the damage assessment was reduced.

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UN WORLD TOURISM ORGANIZATION: INTERNATIONAL TOURISM RECOVERY TO SLOW DOWN DUE TO CONFLICT IN UKRAINE

The recovery of international tourism after the coronavirus pandemic may slow down due to the conflict in Ukraine, experts from the United Nations World Tourism Organization (UNWTO) say.
“The main tourist supplying countries, the US and Asian countries, which have now begun to open for departure, are sensitive to possible risks. In addition, the closure of Ukrainian and Russian airspace, as well as the ban on flights for Russian carriers, affects travel within Europe. The need to overfly closed areas for long-haul flights leads to an increase in flight time and an increase in flight costs.
According to the UNWTO, Russia and Ukraine accounted for 3% of global travel spending in 2020.
If the conflict drags on, global tourism could lose at least $14 billion in revenue.
“Both markets are significant suppliers of tourists for neighboring countries, European beach destinations. The Russian market has also become very important during the pandemic for tourist destinations such as the Maldives, Seychelles or Sri Lanka,” the organization emphasizes.
At the same time, UNWTO experts note that it is too early to assess all the consequences of the war. Searches and bookings for flights through various channels fell just after February 24, but in early March, the figures began to recover.
“The situation of uncertainty worsens economic conditions, undermines consumer confidence, increases investment uncertainty. According to the Organization for Economic Cooperation and Development (OECD), global economic growth this year could be 1% lower than forecast, and inflation could jump by 2 .5%. The rising price of oil also increases the cost of transportation services and hotel accommodation, which reduces the purchasing power of potential tourists,” the UNWTO emphasizes.

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INSURANCE ARX EXPLAINED HOW HEALTH INSURANCE WORKS IN UKRAINE NOW

All appeals under voluntary medical insurance policies (VHI) are covered, except when the appeal is related to an injury directly related to war, hostilities, exposure to weapons, ammunition, according to the insurer’s website.

At the same time, it is emphasized that VHI agreements are valid only on the territory of Ukraine, therefore, in order to receive medical care abroad, clients are advised to purchase an insurance policy for travelers abroad.

According to the report, ARX medical assistance works as usual, around the clock. Its employees provide recommendations based on the terms of insurance contracts, organize assistance, visit a doctor, provide medicines, and teleconsultations.

“However, we ask clients to be understanding of possible delays in the organization of medical services, since the medical system, especially private clinics, is now also working in a situation of heavy workload and, in some cases, in a situation of staff shortages. In addition, in some regions, for security reasons or changing the profile, some of our partners have suspended the provision of services or limited certain services,” the message says.

In addition, the company has significantly expanded the opportunities for the insured to receive compensation in case of independent organization of medical services and their payment. The term for receiving compensation can reach 2-3 business days.

According to the report, in areas with active hostilities – Kharkiv, Chernihiv, Sumy, Mariupol or with a difficult security situation – all partners of the company have suspended the provision of services due to a lack of staff on the ground and for security reasons.

All medical services in Western Ukraine, as well as Odessa, Dnipro are provided without restrictions on the basis of the company’s partners. There are difficulties with calling an ambulance, due to the heavy workload. Pharmacy chains limit the opening hours of pharmacies in accordance with curfew restrictions and in general.

In Kyiv, almost all partners of the company work as usual, but subject to restrictions for security reasons and curfews. There may be difficulties with calling an ambulance, both private and 103.

In connection with the re-profiling of hospitals, there are difficulties with the organization of planned hospitalization. A large number of doctors work remotely, so it may be difficult to organize face-to-face appointments with doctors of narrow specialties at a time and place convenient for the client.

IC “ARX” has been operating in the insurance market for 26 years. According to the company, it is the leader in CASCO insurance for the 12th year in a row. It ranks first among Ukrainian insurers in terms of net insurance premiums and net insurance payments for 2019. It is part of the international insurance holding Fairfax Financial Holdings Limited (Canada).

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UN WORLD TOURISM ORGANIZATION: INTERNATIONAL TOURISM DOUBLED IN JANUARY

The number of international tourist arrivals continued to grow in early 2022 after falling by 70% due to the pandemic, in January the increase was 130% compared to the same month a year earlier, according to the UN World Tourism Organization (UNWTO).

“The number of international tourist arrivals in January increased by 18 million or 130% compared to the same month in 2021. While these figures confirm the positive trend that emerged last year, the recovery of international tourism continues to be hampered by covid restrictions that persist in many countries. In 2021 In 2020, the number of arrivals decreased by 71%, in January 2022 the decrease was 67%,” the report says.

The best results, according to the UNWTO, are in Europe and America, where the number of arrivals increased by 2000 and 100% respectively. But these numbers are still just over 50% behind pre-pandemic flows.

In the Middle East, arrivals increased by 90% in the first month of the year, and by 51% in Africa. This is 63 and 66% less than in 2019. The Asia-Pacific region is recovering the slowest, as several countries remain closed to tourists. The increase in the number of arrivals here amounted to 44%.

But what will happen to tourism after the outbreak of hostilities in Ukraine, the UN World Tourism Organization does not analyze.

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POWER SUPPLY RESUMED IN SVYATOSHINSKY DISTRICT OF KYIV

In the Svyatoshinsky district of the capital, power supply was resumed, according to the Kiev City State Administration.

“Power supply in the Svyatoshinsky district of Kyiv has been resumed after damage that occurred as a result of hostilities in the suburbs. Currently, work is underway to connect individual consumers. Specialists from DTEK Kyiv Electric Networks have carried out repair work in 6 places,” the statement said. in the telegram channel.

As reported, on Saturday, in the Svyatoshinsky district of Kyiv, there was no electricity supply due to hostilities in the direction of Gostomel and Irpen, during the day there was a reduced water pressure on the right bank of the capital.

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