Sugar production in Ukraine as of September 28, 2020 amounted to 70,200 tonnes.
According to a Tuesday posting on the website of the Ukrtsukor National Association of Sugar Producers, 12 sugar refineries were operating in the country, which processed 548,900 tonnes of sugar beet.
As reported with reference to Ukrtsukor, the sugar beet processing season in Ukraine started on September 5.
The supervisory board of PrJSC Pozniaky-Zhyl-Bud (Kyiv) has decided to place book-entry targeted registered bonds in the amount of UAH 57.3 million for financing the construction of the Taryan Towers residential complex (RC) located at 12, Johannes Paul II Street in Pechersky district of Kyiv.
According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission, the decision to place K2 series bonds worth UAH 57.3 million was made on September 24, 2020.
When redeeming the bonds, the buyer has the right to receive apartments in the Taryan Towers residential complex in his or her ownership, the total area of which corresponds to the number of bonds: one bond is 0.01 square meter of housing.
The total number of shares placed equals to 88,161.
As reported, in March 2019 and June 2019, the supervisory board of Pozniaky-Zhyl-Bud decided to place book-entry targeted registered bonds totaling UAH 282.7 million, and UAH 135.2 million in December.
According to the company, as of September 24, 2020, bonds of E2, F2, G2, I2 and J2 are in circulation.
The project envisages three 31-storey towers with 214 apartments in each. The area of the land plot for the project is one hectare, the residential area is 60,000 square meters, commercial area is 10.5 square meters, and the total area of the residential area with infrastructure is over 145,000 square meters.
According to the data on the project website, the first tower will be commissioned in the fourth quarter of 2020, and the entire complex will be completed in late 2023.
PrJSC Pozniaky-Zhyl-Bud was established in 2002. Pozniaky-Zhyl-Bud Corporation specializes in the construction of elite residential real estate, commercial real estate and social infrastructure.
Since December 2015, Pozniaky-Zhyl-Bud Corporation has been a member of Taryan Group (Kyiv), an investment and development group of companies, established in 2011 by Arthur Mkhitaryan, the former president of PrJSC Pozniaky-Zhyl-Bud.
Ukrainian insurance companies collected net premiums in the amount of UAH 18.688 billion in January-June 2020, which is 7.1% less than in the same period a year earlier (UAH 20.121 billion), according to a posting on the website of the National Bank of Ukraine (NBU).
According to the regulator, the volume of gross insurance premiums collected by insurers for the specified period amounted to UAH 21.008 billion, which is 23% less than in the first half of 2019 (UAH 27.291 billion). Of these, premiums received from individuals amounted to UAH 9.589 billion, from reinsurers – UAH 1.806 billion.
According to the NBU, in January-June 2020, insurers paid out UAH 6.642 billion of net insurance payments in claims, which is 1.7% more than in the first half of the year earlier (UAH 6.527 billion). The level of net payments increased from 32.4% to 35.5%.
Gross insurance payments increased by 2.3% to UAH 6.833 billion. The level of gross payments increased from 24.4% to 32.5%. Of the total volume of gross payments, payments to individuals amounted to UAH 3.129 billion, to reinsurers – UAH 237.7 million.
According to the NBU, the volume of insurance payments belonging to reinsurers in the first half of the year amounted to UAH 4.191 billion, of which UAH 1.934 billion to nonresident reinsurers.
As of June 30, the assets of Ukrainian insurers on the balance sheet amounted to UAH 61.888 billion, while on the same date a year earlier they were UAH 65.265 billion. The volume of assets determined by legislation to represent insurance reserves increased by 30%, to UAH 55.592 billion, while the volume of paid charter capital decreased 17.3%, to UAH 9.599 billion.
The regulator also said that during the specified period, the volume of formed insurance reserves increased by 8%, to UAH 31.359 billion.
In this period, 57.897 million insurance contracts were signed.
According to the NBU, the total number of insurance companies in Ukraine as of June 30, 2020 was 215, while on the same date a year earlier there were 249 companies, including 20 (26) life insurance companies.
Ukrainian Sawmills LLC (Kostopil, Rivne region), which produces sawn timber, furniture panels and semifinished products, declares a critical situation in connection with the failure to deliver the full volume of logs by state-run forestry enterprises legally acquired by the company at open auctions, the company has said on its Facebook page.
“We, the newest sawmill, launched at the end of 2017, are now on the brink of survival. The most important problem is providing raw materials in full, or rather begging legally acquired raw materials from state-owned forestry enterprises. According to the results of the third quarter of 2020 (left only three days before it ends), the forestry enterprises of Zhytomyr and Volyn regions, as well as some forestry enterprises of Rivne region supplied us with less than 50% of the purchased wood,” the company said on Monday, September 28.
Ukrainian Sawmills said that they participate in all auctions for the purchase of coniferous sawlogs, since this year they decided to fully utilize the existing design capacities.
“We will demand additional supplies of logs. But who will compensate us for the forced downtime, loss of business reputation due to unshipped products to buyers and possible penalties for our failure to fulfill obligations?” the company said.
In addition, the company drew attention to the fact that some auctions are announced in such a way and at such a time that only those “for whom the auction is specially held” can learn about them.
“It turns out that we already have a system of shadow auctions so that the right raw materials go to the right people, and not to those who want to buy. Formally, everything seems to be honest: there is an official announcement and an auction is being held (print screen is attached). But the problem is the one for whom this auction is specially held, without providing for other participants, can only know about it,” the company said.
Ukrainian Sawmills appeal to the Office of the President, the Cabinet of Ministers, the State Forest Resources Agency and the regional forestry and hunting departments with questions about holding such auctions, at what prices they buy raw materials, whether there are any abuses and unlawful benefits.
Ukrainian Sawmills LLC was registered in September 2014 in Kostopil. According to the public register, 100% of the charter capital is owned by the company Ukresta Holdings Limited, registered in Cyprus.
OPPO AED Ukraine, a subsidiary of the Chinese OPPO, has noted the growth of the smartphone market in Ukraine by 5% after the quarantine and expects the growth of smartphone penetration in Ukraine to continue in the next few years.
“The impact of the pandemic, quarantine [on the market] should be taken into account. It is clear that it caused a short-term decline and made its own adjustments, but the demand for smartphones due to telecommuting and education, online shopping has increased, and the market itself has also increased after quarantine by 5%,” OPPO AED Ukraine CEO Henry Wang said in an interview with Interfax-Ukraine.
He also said that according to the company, the average price of a smartphone in Ukraine is UAH 5,800 and has not changed over the past year.
“This is due to the current general economic situation in the country. I believe that with social stability and a gradual recovery of the economy, the average price of mobile phones will continue to grow… Now we understand that the greatest demand will be in the budget price segment – that is, all smartphones that cost less than UAH 6,000. On the Ukrainian market, this segment will probably be from 60 to 80%,” Wang said.
OPPO AED Ukraine also expects that with the spread of 4G communications, more and more Ukrainians will switch to smartphones.
“We believe that the Ukrainian market has the potential to become one of the largest in demand for 5G smartphones in the next few years after the launch of 5G networks, and the penetration rate will stabilize at over 80%,” the CEO of OPPO AED Ukraine said.
National bank of Ukraine’s official rates as of 01/10/20
Source: National Bank of Ukraine
