Ukraine from Monday, November 1, joined the Eurocontrol joint route charge system, which became the final stage of the incorporation of European practices in the field of air navigation and made it possible to introduce a European system of interaction in the air navigation sector in Ukraine, the press service of the Ukrainian State Air Traffic Services Enterprise (UkSATSE) has said.
“Ukrainian air navigation is now fully integrated into the pan-European system. The process that lasted 17 years has finally come to an end. It covered the large-scale adaptation of Ukrainian air navigation to modern world standards and technical procedures. This is a step forward to improve interaction between the state and business,” Minister of Infrastructure Oleksandr Kubrakov said.
According to him, the new system for setting rates and payments for air navigation services is transparent, understandable and convenient for airlines to use. At the same time, it becomes impossible to accumulate debts of air carriers for using UkSATSE services.
UkSATSE notes that now the collection of fees for air navigation services on the route in the airspace of Ukraine from Ukrainian and foreign airlines will be carried out through the Central Route Charges Office of Eurocontrol (CRCO).
“Technical integration gives concrete advantages to each participant of the aviation market. For airlines it is an open and standardized process of setting rates, their annual updating and convenient payment of bills. For UkSATSE it is a full coverage of its own expenses at the expense of rates and a guarantee of their full payment by airlines. For Ukraine – it is a certificate of the inflexibility of the European integration course in foreign policy,” Head of UkSATSE Andriy Yarmak said.
RETAIL TURNOVER IN UKRAINE BY REGIONS IN JAN-AUG 2021 (UAH MLN)
In January-October of this year, enterprises engaged in operations with ferrous scrap increased procurement of scrap metal by 38.2% compared to the same period last year, to 3.444 million tonnes.
According to the recent information of the Ukrainian Association of Secondary Metals (UAVtormet) on Tuesday, export of scrap metal for the specified period amounted to 503,500 tonnes, which is 15.5 times more compared to the same period in 2020 (32,400 tonnes).
At the same time, import of scrap in January-October amounted to 19,800 tonnes, which is 30% more than in January-October 2020 (15,200 tonnes).
Over ten months of 2021, the supply of scrap to the country’s metallurgical enterprises increased by 18.6% compared to the same period last year, to 2.777 million tonnes. The level of scrap metal stocks at metallurgical enterprises as of November 1, 2021 was estimated at 130,000-135,000 tonnes.
Vkursi Zemli start-up for checking land plots, FlyAGData. Hardware application for optimizing agricultural expenses and Fruittorg service for selling vegetables and fruit became winners of a hackathon (competition for the selection of the best software), they will represent Ukraine at the EXPO 2022 exhibition in Dubai (UAE) on February 13-17, 2022.
The event, organized by the Ukrainian Startup Fund together with ISE Corporate Accelerator and the Ministry of Agrarian Policy and Food of Ukraine, took place last week in Kyiv, the Ukrainian Startup Fund’s press service reported on Monday evening.
The hackathon was joined by the agricultural holdings Kernel, Agrain, IMC, Continental Farmers Group, HD-group, GFS, as well as Trend and Hedge Club, USAID and the Ukrainian-Swiss Business Association, according to the results of which three startups were selected from 25 teams.
Vkursi Zemli is a land analytics service that allows you to receive information about land plots from state registers, conduct an audit of a land bank and check land plots when buying or lending.
According to the project’s website, it uses information from more than 20 state registers and information sources, including the public cadastral map of Ukraine, the State Register of Rights to Real Estate, the Register of Encumbrances over Movable Property, the Register of Court Decisions, tax registers, etc.
The Ukrainian Startup Fund clarified that FlyAGData.Hardware is an agro-startup that allows you to optimize the costs of agricultural production and the profitability of farms by collecting agronomic and engineering data from equipment in real time.
“The peculiarities of the technology are the ability to connect to equipment by different means and protocols; API integration with various popular systems for farm management software (FMS); in the event of a signal loss, the farmer does not lose the data, but will receive them as soon as the signal is restored,” the Fund said.
According to it, Fruittorg is an agrarian highly specialized marketplace for the sale of fruit and vegetables, which, through artificial intelligence algorithms, provides demand, forms planning, and ensures the safety of product quality in the fruit and vegetable sector.
The startup identifies optimized routes to minimize shipping costs and, for example, to reduce environmental impact.
The Ukrainian Startup Fund is a state fund founded at the initiative of the Cabinet of Ministers of Ukraine for the development of technology startups in the early stages in order to increase their global competitiveness. The process of selecting startups for a grant is carried out on a competitive basis: companies are evaluated and selected by a board of independent investment experts.
The Verkhovna Rada has adopted at the first reading the draft law on the state budget for 2022.
The corresponding decision at a plenary session on Tuesday was supported by 273 deputies with the required 226 votes.
As reported, on October 20, the Verkhovna Rada began to consider the draft state budget for 2022 and adopted it as a basis, after which the parliament began discussing separate amendments of deputies.
The net profit of Citibank (Kyiv) in January-September 2021 amounted to UAH 1.225 billion, which is 18.5% more than in the same period in 2020 (UAH 1.03 billion), according to the quarterly reports released on the bank’s website.
According to the report, for the third quarter of 2021, the net profit of Citibank increased by 32.8% compared from the corresponding indicator of the previous year – to UAH 479.15 million.
The bank’s net interest income for the nine months of 2021 decreased by 3.3% compared to the comparable period (to UAH 1.03 billion), while net commission income increased by 7.5% (to UAH 195.3 million).
The bank’s assets over the specified period increased by 23% – to UAH 34.3 billion, in particular, cash and cash equivalents increased by 17% (UAH 10.14 billion), clients’ loans and debts increased by 2.2 times (to UAH 5.675 billion).
Citibank’s liabilities in January-September 2020 increased by 25.8%, to UAH 31.92 billion, including bank funds by 2.2 times, to UAH 330.1 million, and customer funds increased by 25.2%, to UAH 31.385 billion.
The bank’s equity capital during this period decreased by UAH 113 million – to UAH 2.368 billion, charter capital remained at the level of UAH 200 million.
Citibank was founded in 1998 and is a subsidiary bank of the American Citibank NA.
According to the National Bank of Ukraine, as of September 1, 2021 Citibank ranked 14th in terms of total assets (UAH 34.494 billion) among 72 operating banks.
