Business news from Ukraine

Business news from Ukraine

METINVEST ACQUIRES TWO MORE COMPANIES

Metinvest B.V. (the Netherlands), the parent company of the international vertically integrated mining and metallurgical group Metinvest, has established control over PrJSC Mine Construction Management Department No. 1 (Lysivka village, Pokrovsky district, Donetsk region) and PrJSC Automobile Enterprise Ukrbud (Pokrovsk, Donetsk region), included in Pokrovske Colliery.
According to the statement of the department in the information disclosure system of the National Securities and Stock Market Commission of Ukraine with reference to the information received on March 19 from Metinvest B.V., on March 18, 2021, the company received the ownership of the controlling stake in this enterprise.
“In pursuance of the requirements of Part 2 of Article 65 of the law on Joint Stock Companies, Metinvest B.V. said that on March 18, 2021, it acquired ownership of the controlling stake in the company as a result of the acquisition of shares in the charter capital of Sviato-Pokrovska Mine No. 3 LLC and became indirectly the owner of 20,466 ordinary registered shares of PrJSC Mine Construction Management Department No. 1, and taking into account the number of shares owned by it and its affiliates, became (directly and indirectly) the owner of 54.23% (from 4.29%) of the charter capital of PrJSC Mine Construction Management Department No. 1,” the enterprise said.
At the same time, it is specified that Metinvest B.V. has not acquired shares of PrJSC Mine Construction Management Department No. 1 within the last 12 months.
In turn, in the information of PrJSC Automobile Enterprise Ukrbud in the information disclosure system of the National Securities and Stock Market Commission of Ukraine with reference to the information received from Metinvest B.V. on March 19, it is reported that on March 18, 2021, the company received the ownership of a controlling stake in this enterprise.
“On March 18, 2021, Metinvest B.V., as a result of the acquisition of shares in the charter capital of Sviato-Pokrovska Mine No. 3 LLC, indirectly became the owner of 2573558 common registered shares of PrJSC Automobile Enterprise Ukrbud, which is 50,000971% of the charter capital of Ukrbud,” the company said.
It also clarifies that Metinvest B.V. has not acquired shares of PrJSC Automobile Enterprise Ukrbud within 2020.

,

NEWLY APPOINTED AMBASSADOR OF UKRAINE TO US PLANS TO ESTABLISH UKRAINIAN HOUSE IN WASHINGTON

Newly appointed Ambassador of Ukraine to the United States Oksana Markarova has announced plans to establish the Ukrainian House in Washington in 2021.
“In the Ministry of Finance, in addition to the typical Ministry of Finance work itself, my team and I managed to start and successfully create new projects related to public finance – the eData portal, the Startup Fund, and the UkraineInvest office, which are still actively working and developing after I left the Ministry of Finance. Likewise, for Washington, I have a dream, which has already turned into a plan – to establish a permanent Ukrainian House, which will be the main platform for the promotion of Ukrainian narrative, a meeting place for the exchange of ideas of all friends of Ukraine, a place for discussion and promotion of Ukrainian culture,” she said in an interview with LB.ua.
According to Markarova, the Ukrainian House will work in synergy with the embassy and will be open to everyone.
“And we will start establishing it this year,” she said.

, ,

51% OF UKRAINE’S POPULATION NOT READY TO BE VACCINATED

Some 51% of Ukrainians are ready, without hesitation, to refuse vaccination against COVID-19, and in a month this level has grown by 7%, according to the data of a sociological survey conducted by the Ukrainian Institute of the Future (UIF), presented at the Interfax-Ukraine information agency on Monday.
Some 19% of Ukrainians preferred to postpone the issue of vaccination for a while, 15% are ready to be vaccinated, but taking into account the country of its production, 10% agree to be vaccinated, no matter what, and 5% are ready to be vaccinated only on condition of a free procedure.
The survey was conducted from March 3 to March 13, 2021 among 2,400 respondents aged 18 and over throughout Ukraine (excluding the temporarily occupied territories of Donbas and the Autonomous Republic of Crimea) by the “face-to-face” method using a structured interactive questionnaire. The statistical error does not exceed 2.05%.

,

OCEAN SHIPYARD FROM MYKOLAIV TO INCREASE PRODUCTION VOLUMES

Ocean Shipyard (Mykolaiv) will increase production volumes and intend to take a leading position in the industry, the plant’s owner Vasyl Kapatsyna has said.
“Last year, we finally defended the legal right to Ocean Shipyard. We revived production and diversified our activities in order to maintain the main profile of the enterprise, jobs and modernize technologies. Today I set new tasks for the Ocean Shipyard’s team, namely, increasing production volumes and return of the leading position in the industry,” Kapatsyna said on Facebook.
According to him, a new governing agency has been created at Ocean Shipyard, a supervisory board, which is entrusted with the tasks of strategic planning, the development of international relations, raising investments, as well as partnership programs. Viktor Tsoklan was appointed as head of the supervisory board. In the near future, the supervisory board will focus on development strategies, foreign economic activity, and ensuring public-private partnerships in the defense industry.
“I am also pleased to say that Serhiy Hursky, a shipbuilder of a new generation, has been appointed as Director General of Ocean Shipyard. I believe that the experience and energy of Serhiy Vasyliovych will return Ocean Shipyard to leading positions. I remain the main investor of Ocean Shipyard, the largest shipbuilding enterprise in Ukraine,” Kapatsyna said.
Mykolaiv Shipyard Ocean PJSC (until April 2011 – Vadan Yards Ocean, until December 2008 – Damen Shipyards Okean, until February 2001 – Shipyard Ocean) specialized in the production and repair of container ships, tankers, tugs, barges with a displacement of up to 350,000 tonnes.

, , , ,

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 22/03/21

National bank of Ukraine’s official rates as of 22/03/21

Source: National Bank of Ukraine

KRIUKIV CAR BUILDING WORKS CUTS NET PROFIT BY 87%

PJSC Kriukiv Car Building Works (KCBW, Poltava region) completed 2020 with a net profit of UAH 99.045 million, which is 87.5% less, year-over-year, according to preliminary data.
According to the information on the agenda of the shareholders’ general meeting on April 22, released on Monday in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, the draft of its decision is planned to send the profit to the development of the enterprise, not to pay dividends (as in the previous year).
As reported, in 2020 the plant reduced the production of freight cars by 70%, to 1,569 units.
PJSC Kriukiv Car Building Works is the only enterprise in the CIS that has a well-established and operating production of two types of cars: passenger and freight (platform cars, tanks, bunker-type cars, gondola cars). It also produces regional diesel trains, high-speed interregional locomotive-hauled trains, spare parts and bogies for freight cars.

, , ,