Business news from Ukraine

Business news from Ukraine

TWO PLAYERS OF FOOTBALL CLUB DYNAMO KIEV INFECTED WITH COVID-19

Two players of the first team of football club Dynamo (Kyiv) Nazariy Rusiyn and Roman Vantukh have been diagnosed with coronavirus (COVID-19) disease, the press service of the football club said.
“Forward of the first team Nazariy Rusyn was diagnosed with symptoms of COVID-19, after which he was promptly tested, which showed a positive result. The same was the result of the test of his roommate at the training base Roman Vantukh,” the club said on its official website on Sunday night, August 9.
The press service of the club said that after the detection of COVID-19 disease in the two players, all Dynamo players were urgently made PCR tests for COVID-19. All other results were negative.
Nazariy Rusyn and Roman Vantukh are isolated from the team and will undergo a two-week lockdown.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF AUGUST 10

Official rates of banking metals from national bank as of August 10

One troy ounce=31.10 grams

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 10/08/20

National bank of Ukraine’s official rates as of 10/08/20

Source: National Bank of Ukraine

TIME FOR GOVERNMENT TO MOBILIZE TO PREVENT SECOND COVID-19 WAVE – UKRAINIAN PRESIDENT

Ukrainian President Volodymyr Zelensky has instructed Prime Minister Denys Shmyhal to urgently assess the readiness of hospitals to help patients, to provide institutions with all the necessary equipment, given the rapid growth in the number of cases of COVID-19 coronavirus infection in the country.
The Office of the President reported on Saturday that the head of state instructed the government to provide medical workers with personal protective equipment in full amount and to strengthen control over compliance with quarantine rules.
Also, the Cabinet of Ministers must revise the operation of the entry points on the administrative border with the temporarily occupied territory of the Autonomous Republic of Crimea and the city of Sevastopol.
“Ukraine knows how to mobilize if necessary. It’s time for the government to mobilize to prevent a second wave of coronavirus infection, which can have dire consequences not only for the economy, but also for our human capital,” Volodymyr Zelensky said.

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REBUILDING DONBAS WOULD REQUIRE $10 BLN

Restoring the temporarily occupied parts of Donetsk and Luhansk regions will require around $10 billion, Ukrainian President Volodymyr Zelensky’s economic advisor Oleh Ustenko said.
“Preliminary estimate: that’s around $10 billion, which will be needed to restore the uncontrolled territory. That is 5-7 per cent of our GDP,” Ustenko told The Donbas.Realities radio station on Saturday.
Once those areas have been reintegrated, it will be necessary to set up a fund with money from donors among others, he said.

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DONBASENERGO INCREASES PAYMENTS TO BUDGET BY 1.8 TIMES

PJSC Donbasenergo in July 2020 transferred UAH 68.4 million of taxes and other mandatory payments to the state and local budgets, which is almost 1.8 times more than in July 2019 (UAH 38.3 million).
According to the press release of the company, UAH 59.6 million (VAT and other state taxes) were transferred to the state budget and UAH 0.2 million to the local budget of Donetsk region.
The company has also paid UAH 8.6 million of excise duty, which is 3.2% for every UAH 1 per kWh of generated electricity.
As reported, Donbasenergo in 2019 reduced electricity production by 2.4% (by 84.5 million kWh) compared to 2018, to 3.371.7 billion kWh. In the overall structure of electricity generation in Ukraine for the year the company occupied 2.2% of the market, in the structure of thermal power generation – 7.5%.
Donbasenergo owns the Starobesheve Thermal Power Plant (TPP, located in the occupied territory) and Sloviansk TPP with their total installed capacity of 2,880 MW, including the capacity of Sloviansk TPP – 880 MW. At the end of March 2017, the general company announced the loss of control over the operation of Starobesheve TPP, as well as part of the structural units located in a temporarily occupied territory.
PJSC Energoinvest Holding owns 60.86% of Donbasenergo shares, another 25% of the general company is owned by the state. Currently, the company is controlled by Maksym Efimov.

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