PJSC Donbasenergo in 2020 received a net profit of UAH 29.090 million against UAH 69.997 million of net loss in 2019.
This is stated in the agenda of a meeting of shareholders of the generating company scheduled for April 26, 2021.
According to it, the shareholders will consider two options for distributing profits: directing 30% (UAH 8.727 million) or 50% (UAH 14.545 million) of profit received in 2020 for dividend payments.
The rest of the profit (70-50%) is proposed to be directed to the production development fund.
Donbasenergo owns Starobesheve TPP (located in the occupied territory) and Sloviansk TPP with a total installed capacity of 2,880 MW. In March 2017, the generating company announced the loss of control over the operation of Starobesheve TPP, as well as part of the structural units located in the temporarily uncontrolled territory.
PrJSC Energoinvest Holding owns 60.86% of Donbasenergo shares, another 25% of the generating company is owned by the state.
Prices for construction and assembly work in Ukraine in February 2021 increased by 12% compared to February 2020, the State Statistics Service has said.
According to it, prices increased in all construction segments: construction of buildings saw an increase of 7.4%, of which residential – by 6.8%, and non-residential – by 7.9%; engineering construction increased in price by 19%. The prices for the construction of complex industrial facilities increased the most – by 41.2%.
Compared to the previous month, prices for construction of residential buildings increased by 0.9%, non-residential buildings by 2%, and engineering structures by 4.5%.
As reported, in 2020, prices for construction work in Ukraine increased by 3.7% compared to the previous year, while in 2019 – by 6%.
Ukraine International Airlines (UIA) will resume its flight Odesa – Istanbul (Turkey) – Odesa from March 29, 2021, the press service of the air carrier has reported.
In addition, UIA is also increasing the frequency of flights Kyiv – Istanbul – Kyiv to 21 flights a week.
The airline said that flights from Kyiv to Istanbul and back will be operated daily three times a day, and in some periods – four times a day.
Return flights on the Odesa – Istanbul – Odesa route will be operated on Mondays, Wednesdays and Fridays.
Direct flights from Kyiv and Odesa to Istanbul are also operated by Turkish airlines and Ukraine’s SkyUp Airlines.
The EU Delegation to Ukraine and the EU Advisory Mission to Ukraine welcome the signing by President of Ukraine Volodymyr Zelensky of the law on the Bureau of Economic Security and called for a transparent selection of the bureau’s team.
“The EU Delegation to Ukraine and the EU Advisory Mission to Ukraine welcome the signing by President of Ukraine Volodymyr Zelensky of the law on the Bureau of Economic Security. Key reform of investigation and law enforcement on economic crimes. Next steps: changes in the criminal procedure code, transparent selection of the BES Head and staff. The EU is ready to support,” the EU delegation to Ukraine said in on Twitter on Thursday.
As reported, on March 22, President of Ukraine Volodymyr Zelensky signed law No. 1150-IX on the Bureau of Economic Security of Ukraine, which the Verkhovna Rada adopted on January 28, 2021.
The Cabinet of Ministers of Ukraine on Wednesday decided to create a working group for consultations with the European Commission on aligning an approach on the introduction in Ukraine carbon tax – the carbon border adjustment mechanism (CBAM), permanent representative of the Cabinet of Ministers in the Verkhovna Rada Vasyl Mokan said.
“The European Commission is expected to submit a relevant legislative proposal to the European Parliament and the European Council by mid-2021. That is why there was a need for a unified approach of the Ukrainian side for communication and interaction with the European Commission on the issue of introducing CBAM in Ukraine,” Mokan wrote on his Telegram channel.
According to the explanatory note to the document, within the framework of the working group it is planned to develop a consolidated position of the Ukrainian side. The working group was chaired by Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna and Deputy Minister of Economy, Trade Representative of Ukraine Taras Kachka became her deputy.
As reported, the official documents of the European Commission and the European Parliament suggest that an individual approach will be applied to the third countries with which the EU has an Association Agreement or a free trade area when introducing CBAM.
CBAM envisages the introduction of an environmental duty for the import of products into the EU, depending on the amount of carbon dioxide emissions during the production process. Presumably, the mechanism will be launched on January 1, 2023 as part of the implementation of the Green Deal strategy.
The products of Strauss Group, one of the largest coffee producers in the world, retained the first place in the Ukrainian roasted coffee market in 2020, increasing its presence there by 0.5 p.p. compared to 2019, up 17.9%, the company said in its annual report.
According to the company, its share in the Ukrainian ground and instant coffee market decreased by 0.9 percentage points last year, to 8.9%.
Strauss Group clarified that its main competitors in Ukraine were the international concern JDE, Nestle Corporation and the Ukrainian manufacturer Galka. According to its data, JDE, which produces coffee under the Jacobs, Tassimo, Moccona, Senseo, L’Or trademarks, in 2020 increased its presence in the Ukrainian market of ground and instant coffee by 3 p.p., to 46.8%.
According to Strauss Group, in the Ukraine-Russia region, coffee sales in 2020 decreased by 22.1% compared to 2019, to 128 million shekels. The company clarified that the reason for the decline in sales in the Ukrainian market was the increased economic uncertainty, mainly due to the consequences of the outbreak of COVID-19.
Strauss Group noted the growth in consumption of roasted coffee beans in Ukraine as part of the trend in coffee culture and premiumization of home consumption.
As of March 22, the exchange rate of the new Israeli shekel was UAH 8.4005.
