Chairman of the Verkhovna Rada of Ukraine Dmytro Razumkov notes the constructive cooperation between Ukraine and Luxembourg at the inter-parliamentary level at international platforms, the Ukrainian parliament said on its website.
“Our states are constructively cooperating on international platforms, in particular, within the PACE. Ukraine appreciates the support that Luxembourg provided even at the beginning of the annexation of Crimea,” Razumkov said at a meeting with representatives of the Foreign and European Affairs Committee of the Luxembourg Chamber of Deputies on Tuesday.
According to the chairman of the Verkhovna Rada, the exchange of visits and the format of personal meetings at various levels are important elements of inter-parliamentary cooperation. “Cooperation and coordination of our parliamentary delegations at international platforms are also important,” he said.
After that, Razumkov invited a delegation from the Chamber of Deputies of Luxembourg to visit Ukraine.
The chairman of the parliament believes the members of the Foreign and European Affairs Committee of the Chamber of Deputies of Luxembourg will continue to support Ukraine’s efforts to restore its territorial integrity within internationally recognized borders. He drew attention to Ukraine’s attempts to achieve progress in a peaceful settlement of the Russian-Ukrainian armed conflict. Razumkov also expressed gratitude to Luxembourg for the constant sanctions policy against Russia.
“We remember well that Luxembourg was a non-permanent member of the UN Security Council, and it was your representatives who had a clear position and provided assistance to our country,” Razumkov said.
According to the chairman of the parliament, in 2014 Ukraine chose its own path, to the EU and NATO, and this decision is enshrined in the Constitution. “We have made our choice and will not withdraw from it. However, part of our territories is occupied, and we continue to lose our servicemen. We have lost two servicemen over the last four days,” Razumkov said.
Investment company Dragon Capital intends to partially refinance the Grand business center (Kyiv), as well as logistics complexes Diana Lux Logistic (Brovary) and Terminal Kharkiv with a loan from the European Bank for Reconstruction and Development (EBRD) in the amount of $12.5 million, the press service of the company reported.
“We are very pleased to begin our cooperation with the EBRD in the field of sustainable real estate investments. This loan will also allow Dragon Capital to expand investments in the commercial real estate sector, especially in the development of our two industrial parks: M10 in Lviv and E40 in Kyiv,” Dragon Capital Head Tomas Fiala is quoted as saying in the press release.
Dragon Capital has already received green certificates for four buildings in its portfolio (including BC Grand) and expects to double them in 2021. In addition, lease agreements for the company’s facilities will now include “green clauses” to minimize environmental impact.
Capital BC Grand (leasable area – 9,100 sq. m.), Diana Lux Logistic (15,000 sq. m.) and Terminal Kharkiv (11,700 sq. m.) were acquired by the company in 2017-2019.
Dragon Capital is one of the largest investment companies in Ukraine. It works in the field of direct investment and financial services, provides a full range of investment banking and brokerage services to corporate and private clients.
The commercial real estate portfolio is managed by Dragon Capital Property Management. As of January 2021, it manages 29 commercial properties, including 13 office properties, six retail properties and ten logistics complexes, with a total area of 662,000 square meters.
The Infrastructure Ministry of Ukraine has supported the implementation of the Dnipro Transportation investment project of the Ukrainian Danube Navigation, according to the shipping company’s Facebook page.
The company emphasizes that the approval of the investment project by the relevant ministry is an important and decisive step for signing appropriate credit agreements with international financial organizations.
The Dnipro Transportation investment project provides for building 16 pusher tugs with hybrid diesel engines, 31 Europe-2 class barges, as well as building and overhauls of five locations for the layover and maintenance of the fleet, etc.
The total cost of the project is more than $ 200 million.
“In the future, PrJSC Ukrainian Danube Navigation will continue to work on the implementation of the Dnipro Transportation project with international financial organizations, the Ministry of Finance of Ukraine and the transport committee of the Verkhovna Rada to obtain appropriate state guarantees and work out the involvement of a wider range of international partners in the project on mutually beneficial commercial terms,” the report says.
The company also emphasizes that the implementation of the project will allow the implementation of measures to revive the E-40 river route, use the transit potential of the Dnipro River, as well as reduce the load on Ukrainian roads and railways, create orders for the shipbuilding industry and reduce the volume of pollutant emissions into the air.
The solvent banks of Ukraine in January-February 2021 received UAH 6.491 billion of net profit, which is 2.5 times less than in the same period of 2020 (UAH 15.877 billion), according to data published on the website of the National Bank of Ukraine (NBU).
According to the data, the income of banks for the two months of this year decreased by 1.3 times against the indicator for the same period last year, to UAH 35.089 billion. In particular, the result from revaluation and from sales and purchases was negative and amounted to UAH 3.856 billion, while in the same period last year it was positive and amounted to UAH 7.865 billion.
At the same time, commission income grew by 15.9%, to UAH 12.379 billion
The expenses of the banking system in January-February 2021 decreased by 5.8% compared to this indicator in 2020, to UAH 28.598 billion, in particular, payments to reserves by 21.9%, to UAH 1.048 billion. At the same time, commission expenses increased by 26.5%, to UAH 4.715 billion.
As reported, Ukrainian banks in 2020 reduced their net profit by 29%, to UAH 41.3 billion, but in the fourth quarter the decline was 63% due to increased payments to reserves.
PrJSC JT International Company Ukraine, one of the largest tobacco companies in Ukraine, in 2020 reduced its net profit by 12.1% compared to 2019 – to UAH 613.75 million.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets increased by 9.6% over the year, to UAH 4.27 billion, while retained earnings decreased by 10.6% – to UAH 987 million.
The total accounts receivable of the PrJSC by the end of the year decreased by 4.7% – to UAH 983.99 million.
According to the report, at the annual meeting of shareholders on April 21, it is planned to send UAH 298.34 million from the net profit for 2020 to pay dividends, the remaining UAH 315.41 million will not be distributed. The agenda of the meeting also includes the approval of the maximum amount for the purchase of tobacco products from PJSC JT International Ukraine in the amount of UAH 20 billion and the conclusion of contracts for the sale of tobacco products in the amount of UAH 21 billion.
JT International Company Ukraine is a member of Japan Tobacco Inc. JTI). In Ukraine, it owns Kremenchuk tobacco factory (Poltava region).
The most famous brands of JT International Ukraine are Sobranie, Winston, Camel, Glamor, and LD.
Its products are sold in Ukraine and exported to more than 20 countries.
Top 20 countries of Ukraine’s foreign trade partners in 2020 (thousand usd).
