Business news from Ukraine

Business news from Ukraine

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 03/11/20

National bank of Ukraine’s official rates as of 03/11/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF NOVEMBER 03

Official rates of banking metals from national bank as of November 03

One troy ounce=31.10 grams

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LAVINA MALL SEES UAH 248 MLN OF NET LOSS

Lavina Mall LLC (Kyiv), the owner of Kyiv-based Lavina Mall located at 6, Berkovetska Street, saw a net loss of UAH 248 million in January-September 2020 against a profit of UAH 116.2 million for the same period in 2019.
According to the company’s information disclosure system of the National Securities and Stock Market Commission, its revenue fell by 17.8% to UAH 520 million.
At the same time, gross profit for the reporting period increased by 7.8% and amounted to UAH 307.7 million, while the financial result from operating activities amounted to UAH 20.2 million loss against profit last year.
The uncovered loss of Lavina Mall LLC increased almost threefold – to UAH 375.6 million.
Long-term liabilities of the company increased by 47.2% to UAH 2.37 billion, current liabilities increased by 19.8% to UAH 2.35 billion.
The assets of the enterprise increased by 21.5% – to UAH 5.1 billion.
Lavina Mall LLC was founded in 2013. The main activity is the leasing and operation of own and rented property.

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UKRNAFTA INCREASES NET LOSS 8.5 TIMES

PJSC Ukrnafta in January-September 2020 increased its net loss 8.5 times (by UAH 2.7 billion) compared to the same period in 2019 – up to UAH 3.9 billion.
According to the company’s information disclosure system of the National Securities and Stock Market Commission, its net income for nine months decreased by 24.6% (by UAH 5.2 billion) – to UAH 16.7 billion, gross profit – three times (by UAH 6.9 billion), up to UAH 3.5 billion

MOBILE OPERATOR KYIVSTAR LAUNCHES PHISHING SMS BLOCKING SERVICE

The mobile operator Kyivstar has developed and implemented a new service to counter cyber fraud “Protection of alphanumeric names.”
This service is intended for business clients – with its help SMS messages are monitored and blocked from phishing resources, the operator said in a message on Monday.
An alphanumeric name is an alphabetic or digital signature that appears on the SMS sender line. The operator emphasizes that the service will be useful to all companies and institutions that use SMS in their work: banks, postal operators, retail, service providers, etc.
“Most often, phishing SMS are sent using commercial names and brands of companies well-known in the market. Therefore, in a number of messages from similar alpha names, subscribers may not notice the difference and automatically provide fraudsters with information about themselves or their bank account,” Kyivstar Chief Marketing Officer Pavlo Daniman said.
Kyivstar notes that when sending SMS to Kyivstar subscribers, the operator will continuously monitor and control the use of alphanumeric names or their variations only by a partner, and not by a third party. SMS delivery to Kyivstar subscribers, which uses original and visually similar alphanumeric partner names, which come from persons not authorized for such mailings, will be automatically blocked.
According to the operator, there are no analogues of this service in Ukraine.
As reported, according to the NBU, the number of fraudulent transactions with payment cards recorded by banks in January-June 2020 increased to 47,500, which is 1.4 times more than in the same period a year earlier.

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PASSENGER TRAFFIC ON BELARUS-UKRAINE BORDER FALLS BY 15%

The Belarusian side has limited the admission of foreign citizens to its territory since October 29, arguing such actions by the need for additional measures to prevent the spread of coronavirus infection, in connection with it there is a decrease in the number of travelers at checkpoints wishing to enter the territory of Belarus, the press service of the State Border Guard Service of Ukraine has reported.
“Compared to last weekend, the passenger traffic has decreased by an average of 15%. Such situation is observed even at checkpoints, where traffic is usually heavy. Namely, in Novi Yarylovychi (Chernihiv region), Vystupovychi (Zhytomyr region) and Domanove (Volyn region),” a statement, released on Monday by the press service of the border department, said.
Now, at the checkpoints to exit Ukraine, the border is mainly crossed by participants in international road transport.
On average, Ukrainian border guards during the day register more than 1,700 people and about 1,000 vehicles at the Novi Yarylovychi checkpoint, about 300 people and almost 180 vehicles at the Vystupovychi checkpoint, and more than 600 people and nearly 100 vehicles at the Domanove checkpoint. There are no trucks and cars queues.
“We add that during the past weekend, the Belarusian side did not let in and returned to the territory of Ukraine 20 citizens of Ukraine and two foreigners,” the press service said.

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