In 2022, the construction of the Ice Arena, a sports complex within the framework of the Big Construction program and the restoration of three castles under the Big Restoration program will start in Cherkasy region, President of Ukraine Volodymyr Zelensky said.
“There is our program – these are large sports unique multi-complexes. One of them will be built in Cherkasy region, several more swimming pools. The Ice Arena will be built separately. These are all programs that will begin next year. There are three castles within the Big Restoration, which are included in the program,” Zelensky told media representatives while on a working visit to Kaniv, Cherkasy region.
He also said that within the framework of the Big Restoration program, documents are also being prepared for the restoration of Kaniv center.
In addition, according to him, in 2022, a school with a playground for children and a swimming pool will appear in the city.
Speaking about roads, the President said that about 250 km of roads are planned to be repaired within the current year.
“I think that in a couple of years we will finish all the main roads in Cherkasy region,” he said.
“I believe that they have everything in Cherkasy region. There are people, there are hands, there are unique places and history. We need to bring all this into a normal high-quality form,” Zelensky said.
The lack of production facilities in Ukraine and the import of its confectionery products into the country allows Mars Corporation to successfully conduct its business amid a crisis in the industry caused by the rise in prices for raw materials and energy resources, Chief Financial Officer (CFO) of Mars Ukraine LLC (Brovary, Kyiv region) Svitlana Hrukhal has said. “In the field of confectionery, we have everything under control. We import products, and this makes it possible to distribute the raw material base and production resources in several countries and thus compensate [for crises],” she told Interfax-Ukraine on the sidelines of the Ukrainian CFO Forum on Wednesday.
According to her, the key trend in the industry is the growth in demand in Ukraine and neighboring countries, which is most pronounced in the segment of chocolate and chewing gum. Hrukhal said that in order to meet this demand, it is necessary to increase production of confectionery products in the region, which is hindered by the rise in prices for raw materials, their shortage, as well as the lack of labor resources.
“If we talk about assessing the development of confectionery products specifically for Mars Corporation, then we have everything under control, and we hope to successfully close this year,” the company’s CFO said.
During the forum, she also said that in 2007 the company planned to build a plant in Boryspil district (Kyiv region) for production of animal feed, but due to unstable business conditions in Ukraine, it abandoned this idea. According to her, for large international companies, the presence of clear and understandable “rules of the game” in the country is a more important factor for investment than well-developed measures of state support for business.
Mars Ukraine LLC is a Ukrainian division of the large international confectionery company Mars. The company sells food and pet care products in Ukraine, produced in Russia and Hungary. Its major brands are Snickers, MARS, Twix, Bounty, Milky Way, M&M’s, Maltesers, Dove, Pedigree, Chappi, Whiskas, Kitekat, Sheba and others.
Dinamo Kiev lost 0-1 to Barcelona (Spain) in the third match of the 2021-2022 Champions League group stage, dropping to last place in Group E with one point.
The only goal in the 36th minute was scored by Gerard Piqué, completing Jordi Alba’s pass from the goalkeeper’s line. Thus, the Catalans bypassed the Kyivans, rising to third place with three points.
In another match, the leaders play: Benfica in Lisbon hosts Bayern München.
In the fourth round on November 2, Dinamo will play with Barcelona in Kyiv, and Benfica will go to Germany.
The single counterparty exposure limit (H7, shall be no more than 25%) as of October 1, was violated by Prominvestbank (88.3%) and Industrialbank (44.08%), according to the website of the National Bank of Ukraine (NBU).
The limit on bank total long open FX position (L13-1, shall be no more than 10%) was violated by Oschadbank (135.7%), Prominvestbank (106.93%), PrivatBank (80.25%) and Industrialbank (19.56%).
The limit on bank total short open FX position (L13-2, shall be no more than 10%) was violated by Prominvestbank (131.27%).
As reported, the prudential requirement on Net Stable Funding Ratio (NSFR) was set at 90% by the NBU for banks starting October 1 (earlier it was 80%). In accordance with the schedule, the NBU will increase the NSFR requirement for banks to 100% from April 1, 2022.
According to the data of the National Bank, all operating banks as of October 1 exceed the level of the NSFR standard of 90%.
The NSFR regulation is intended to encourage banks to rely on more stable and long-term funding sources and reduce their dependence on short-term financing.
AVERAGE MONTHLY WAGE BY REGION IN AUGUST 2021, UAH
The growth of consumer prices in Ukraine in annual terms in August 2021 remained at the level of 10.2%, the State Statistics Service reported.
According to its data, after inflation of 0.1% in July, deflation of 0.2% was recorded in August this year, which corresponds to the dynamics of prices in August last year.
Underlying inflation in August was zero after deflation of 0.1% a month earlier. In August last year, an underlying inflation of 0.1% was recorded, respectively, in annual terms, it decreased to 7.2%.
In the consumer market in August, prices for food and non-alcoholic beverages decreased by 0.7%. Vegetables and fruits fell in price the most – by 18.3% and 5%, respectively. Prices for sunflower oil, pasta, rice and cheese fell by 1.0-0.2%. At the same time, prices for eggs increased by 18%, prices for sugar, meat and meat products, milk, sour cream, bread, butter, fermented milk products, fish and fish products rose by 3.6-0.3%.
Prices for alcoholic beverages and tobacco products increased by 0.4%, which is associated with a rise in prices for tobacco products by 1.0%.
Prices for clothes and footwear fell by 3%, in particular for footwear – by 3.7%, clothing – by 2.5%.
The rise in tariffs for housing, water, electricity, gas and other fuels by 0.6% was mainly due to an increase in prices for maintenance and repair of housing by 2.3%, natural gas – by 2.1%, sewage – by 0.9%, water supply – by 0.7%.
Transport prices increased by 0.8%, primarily due to the rise in the cost of transport services by 1.9%, fuel and oils – by 1.6%.
As reported, in June consumer prices in Ukraine increased by 0.2%, in May – by 1.3%.
In general, for the first eight months of this year, inflation in Ukraine amounted to 6.2%, underlying inflation – 4.2%.
The National Bank of Ukraine in July downgraded the inflation forecast for 2021 from 8% (in the April forecast) to 9.6%. According to it, by the end of the third quarter, inflation will peak this year at 11.2%, after which it will begin to decline.
