Business news from Ukraine

Business news from Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF FEBRUARY 3

Official rates of banking metals from national bank as of February 3

One troy ounce=31.10 grams

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INTERCHEM DONATES 200,000 DOSES OF ANTIVIRAL DRUG TO UKRAINIAN BORDER GUARDS TO PREVENT WUHAN CORONAVIRUS INFECTION

Interchem double liability company (Odesa) donated 200,000 0 doses of an antiviral drug to border guards and medical workers to prevent infection with Chinese coronavirus. Interchem CEO Anatoliy Reder told Interfax-Ukraine that an agreement was reached during a meeting with Secretary of the National Security and Defense Council of Ukraine (NSDC) Oleksiy Danilov.
“The main parameters of our proposal are that we offer help and help for free. There are services that are the first to deal with patients who are infected with viruses and have high infection risks. These are border guards, who are staying at the entrance to the country, and employees of infectious hospitals. We will deliver a drug for prevention to employees of State Border Guard Service to all regions of Ukraine and to doctors and medical staff in all infectious hospitals, which are defined as basic medical facilities for hospitalization of those infected with Chinese coronavirus,” he said.
At the same time, Reder said that this is not about treatment, but exclusively about prevention.
“We do not pretend to have a panacea. We do not say that we have a cure for the Chinese coronavirus in our hands. However, we know for sure that the use of the drug gives an additional chance not to get sick,” he said.
Reder said that this drug has a proven immunomodulatory and antiviral effect.
Interchem is one of the leading pharmaceutical companies in Ukraine. It was founded in 1992. It is the only Ukrainian manufacturer of medicines for hard and cancer patients, as well as one of the drug suppliers under the Global Fund to Fight AIDS, Tuberculosis and Malaria programs.

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COUNCIL OF EUROPE READY TO COOPERATE WITH UKRAINE FOR IMPLEMENTATION OF BUDAPEST CONVENTION ON CYBERCRIME

Representatives of the Council of Europe have expressed their readiness for cooperation with Ukrainian law enforcement authorities in the field of the implementation of the provisions of the Budapest Convention on Cybercrime, ensuring the increase in the level of countering cybercrimes and investigating them. Head of the Cybercrime Division at the Council of Europe Alexander Seger gave this information after a meeting with the leadership of the Cyber Police Division of the National Police, the press service of the National Police of Ukraine has reported.
“We see that Ukrainian law enforcement agencies are interested in improving the situation with the legislative settlement of the issue of collecting digital evidence. We are ready to help in this by providing appropriate advice and sharing with the Ukrainian side the best practices that have already been implemented in the legislation of many European countries,” Seger said.
The Cyber Police Division presented its concept for the implementation of certain provisions of the convention, which are currently not available in Ukrainian legislation and which were supported by experts.
It is reported that cyber police, together with other executive bodies, is working with committees of the Verkhovna Rada of Ukraine to bring Ukrainian legislation in line with European one.
“The experience of countries that have fully implemented the Budapest Convention shows that such mechanisms significantly accelerate and increase the effectiveness of the police in countering and identifying persons committing crimes, including in cyberspace,” the cyber police said.

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TURKISH PRESIDENT RECEP TAYYIP ERDOGAN TO VISIT UKRAINE ON MONDAY

Turkish President Recep Tayyip Erdogan will visit Ukraine on Monday, February 3, the press service of Ukrainian President Volodymyr Zelensky has reported. During the visit, a meeting with Zelensky and the holding of the eighth meeting of the Ukraine-Turkey High Level Strategic Council are planned. The parties will discuss ways to deepen strategic partnership and cooperation in all areas, after which the signing of Ukrainian-Turkish bilateral documents and a joint meeting with media representatives at 13:40 at the Mariyinsky Palace are expected.
Zelensky and Erdogan will also visit the Ukrainian-Turkish business forum, which will be held at the Ukrainian Chamber of Commerce and Industry.

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PILOT AGRICULTURE REGISTER LAUNCHED IN UKRAINE

The Economic Development, Trade and Agriculture Ministry of Ukraine has launched a pilot State Agriculture Register for cooperation between agricultural producers and the government.
The ministry said that the Agriculture Register is an online service where registered agricultural producers can submit applications to correct mistakes in the cadaster, apply for government aid and check information about themselves in four registers: the State Land Cadastre, the Register of Legal Entities and Individual Entrepreneurs, the Register of Rights and the Register of Animals.
“One can create an account without leaving home. For registration it is necessary to verify digital signature. The registration is free and available to all farmers, even if a user is not registered as an agricultural producer,” the ministry said.
Mobile teams of operators are currently helping everyone interested to register in six pilot regions: Kyiv, Cherkasy, Odesa, Lviv, Volyn and Mykolaiv regions.
The ministry also said that the register will help to launch programs of targeted government aid and assess their effecti

ALFA INSURANCE, TOGETHER WITH PARTNERS, LAUNCHES NEW PRODUCT D&O

Alfa Insurance, together with Arzinger law firm, in partnership with AON (London), an international broker, has developed a new product for corporate clients – D&O liability insurance policy, the insurer’s website reports.
The purpose of this insurance product is to protect directors and other officers from claims that may arise as a result of decisions and actions taken by them as part of their duties. The biggest advantage of the D&O product is that it allows avoiding many of the risks associated with significant costs in case if the top manager made the wrong decision.
According to the insurer, D&O insurance covers expenses for the services of lawyers and other experts to protect the top manager in the event of a claim, compensation of losses by third parties, costs of fines and other penalties, other costs may be covered (including the restoration of reputation).
The claims of state bodies, employees, creditors, shareholders, any third parties (competitors, contractors) are also covered.
Alfa Insurance was founded in 2000. It is among the top ten leaders of the Ukrainian insurance market. It offers a versatile portfolio of services, including comprehensive business advocacy programs and a wide range of insurance products for individuals.
Arzinger is an independent law firm with experience in the legal market. It is included in the top five law firms of Ukraine, has representative offices throughout Ukraine and legal partners around the world.

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