Business news from Ukraine

Business news from Ukraine

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) IN JAN-OCT 2019

Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-Oct 2019

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UKRAINIAN PRESIDENT DECLARES JANUARY 9 DAY OF MOURNING FOR VICTIMS OF CRASHED PASSENGER PLANE IN TEHRAN

Ukrainian President Volodymyr Zelensky has declared January 9 a day of mourning for the victims of the January 8 crash of a Ukraine International Airlines (UIA) passenger plane in Tehran, the Office of the Ukrainian President has said.
“In connection with the tragedy that occurred as a result of the catastrophe of JSC Ukraine International Airlines’ passenger plane in the Islamic Republic of Iran on January 8, 2020, leading to multiple human deaths, I order that January 9, 2020 be declared a day of mourning to commemorate the victims,” it said.
Under the presidential decree, state flags will be flown at half-staff on top of buildings housing government agencies, local authorities, state-owned enterprises, institutions, and organizations.
Entertainment events and concerts will also be cancelled and relevant changes will be made to TV and radio listings.

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NUMBER OF UNEMPLOYED AND NUMBER OF JOB OPPORTUNITIES IN DYNAMIC (GRAPHIC)

Number of unemployed and number of job opportunities in dynamic (graphic)

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CREW OF UKRAINIAN PLANE CRASHED IN IRAN NEVER CALLED FOR HELP – REPORT

The crew of a Ukraine International Airlines (UIA) jetliner that crashed in Iran never reported an emergency on board, Associated Press said on Thursday with reference to an initial report released by Iran’s Civil Aviation Organization. According to the report, the crew also did not make a radio call for help and were trying to turn back for the airport when the plane went down.
In turn, Bloomberg reported that Ukrainian investigation team has arrived in Tehran on Thursday.
According to Bloomberg, the UIA aircraft disappeared from radar detection at 2,440 meters.
UIA’s Boeing 737-800 crashed shortly after take-off from Imam Khomeini International Airport in Tehran on January 8, 2020 in the morning.
Some 167 passengers and nine crew members were on board. All of them died.
The plane, which was carrying out the PS752 flight from Tehran to Kyiv, disappeared off the radars two minutes after takeoff.

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STATE-RUN OSCHADBANK SELLING STRAW PELLETS PLANT

State-owned Oschadbank (Kyiv) is selling a straw pellets plant with an annual capacity of 40,000 tonnes on the OpenMarket platform of state-owned enterprise (SOE) SETAM and 34 items of the plant’s equipment at the starting price of UAH 42.95 million.
The press service of SETAM reported on Wednesday that the auction will be held on January 16.
The bid deposit is UAH 2.15 million, and the bid increment is UAH 429,500.
The press service said that the lot was put up for sale by Oschadbank as voluntary sale.
The plant is located in Kirovohrad region.
Oschadbank was founded in 1991. Its sole owner is the state.
According to the National Bank of Ukraine, as of October 1, 2019, Oschadbank ranked second among 76 banks operating in the country in terms of total assets (UAH 274.609 billion).

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DONBASENERGO COUNTS ON IMPROVEMENT OF RULES ON POWER MARKET

PJSC Donbasenergo counts on continuation of initiatives of the regulator, profile ministries and the Verkhovna Rada committee to introduce the best global practices in the operation of the new electricity market, which would allow stabilizing the operation of electricity generating companies. According to a press release of the company, Donbasenergo notes the importance of the initiatives already implemented regarding price adjustment in the balancing market, which made it possible to provide this service without incurring losses.
“At the same time, the market situation for electricity generating companies remains difficult, in particular, only in December, the company’s losses amounted to UAH 130 million,” the company said.
Donbasenergo expressed the hope that the Ministry of Energy and Environment Protection, the regulator, the Verkhovna Rada committee on energy, housing and utilities will continue implementing the best global practices, and companies operating in the electricity generation market will be able to avoid artificially lower prices as well as unprofitable work in the future,” the company said in the press release.
Donbasenergo operates Starobesheve (located in the occupied territory) and Sloviansk thermal power plants (TPPs).
PrJSC Energoinvest Holding owns 60.86% of shares in Donbasenergo, and the state holds 25% of the shares in the company.

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