Business news from Ukraine

Business news from Ukraine

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 26/05/21

National bank of Ukraine’s official rates as of 26/05/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF MAY 25

Official rates of banking metals from national bank as of May 25

One troy ounce=31.10 grams

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OLEKSANDR PETROV FROM IMC BUILDS UP 79.86% STAKE IN AGRICULTURAL HOLDING

Board Chairman of IMC agricultural holding Oleksandr Petrov on May 24 bought 60,000 shares of the company at a price of PLN 27.99 per share for a total of PLN 1.68 million ($458,470 at the rate of the National Bank of Poland as of May 26), thereby increasing his share in the charter capital to 79.86%.
According to the report of IMC on the website of the Warsaw Stock Exchange on Wednesday, Petrov personally and through his companies Richmarket Investments Ltd and Agrovalley Limited owns 26,437,463 shares of IMC.
According to the Warsaw Stock Exchange, since the beginning of the year, the IMC share price has increased by 51.2%, from PLN 18.25 to PLN 27.60, and by 2.4 times over the year (on May 24, 2020, the IMC share price was PLN 11.50).
Agroholding IMC specializes in the cultivation of grain, oilseeds and milk production in Ukraine. It processes about 123,300 hectares of land in Poltava, Chernihiv and Sumy regions. It owns facilities for storing 554,000 tonnes of grain and oilseeds.

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EU ADVISES ALL AIRLINES TO AVOID BELARUSIAN AIRSPACE

The European Union Aviation Safety Agency (EASA) has recommended that EU air carriers and non-EU airlines avoid Belarusian airspace, Western media outlets reported on Wednesday, citing the EASA.
Non-EU airlines authorized by the EASA when conducting operations to, from, and within the EU are advised to avoid operating in Belarusian airspace, it said.
The agency cited safety reasons following the May 23 Ryanair flight incident, which called into question the ability of the Belarusian authorities to provide safe air navigation services.
A Ryanair flight from Athens to Vilnius was forced to land at the Minsk airport while passing through Belarus’s airspace on May 23. It was reported that the plane landed after the Belarusian security services were warned of a bomb threat. Belarusian President Alexander Lukashenko ordered that a MiG-29 fighter jet be scrambled to shadow the passenger plane, which was carrying Roman Pratasevich, editor of the Telegram channel Belarus Golovnogo Mozga (Belarus of the Brain) and former editor of the Telegram channel Nexta, both designated as extremist in Belarus, and his girlfriend Sofia Sapega, a Russian citizen and student of the European Humanities University based in Vilnius. The Belarusian authorities have detained both of them.

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CROWN AGENTS DELIVERS FIRST BATCH OF PFIZER VACCINE PURCHASED FROM UKRAINIAN BUDGET

The British purchasing agency Crown Agents delivered the first 117,000 doses out of 167,000 doses of the Pfizer-BioNTech vaccine against COVID-19 to Ukraine from Belgium on Wednesday.
Crown Agents told Interfax-Ukraine that the second batch of vaccine (50,000 doses) is expected on Thursday.
According to head of Crown Agents in Ukraine Tetiana Korotchenko, the Pfizer-BioNTech vaccine was transported in compliance with all storage rules under the required temperature conditions.
In February, Crown Agents delivered 500,000 doses of Covishield vaccine to Ukraine, developed by AstraZeneca in cooperation with the University of Oxford.

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THE 12TH INTERNATIONAL UKRAINIAN ENERGY FORUM OF THE ADAM SMITH

It is with great excitement we announce that Ukrainian Energy Forum returns to serve as the annual meeting place for international energy leaders on 14-16 July at Parkovy Congress and Exhibition Centre, Kyiv.

With this invitation via Interfax Ukraine you are entitled to a 15% discount.

Simply quote your VIP code: EUC017mINT.
REGISTRATION ONLINE >>

It is our ambition to provide in-person networking in a socially distanced manner that meets all the COVID safety standards. Your safety is our priority, that’s why we have been working on making sure that our meeting space meets all the requirements and has plenty of access to outdoors networking possibilities. For more information on online participation please visit here >>

As we are preparing the draft agenda, which will be available on our website shortly, we wanted to give you a taster of what topics you can expect to be discussed this July:
ELECTRICITY DAY, 14 JULY
• Addressing current market imbalances
• Progress on implementation of the Third Energy Package
• Distribution System Operators’ modernisation
• Renewables sector update
• Ukrainian contribution to the path of de-carbonisation
• Encouraging investment in alternative power sources
MAIN DAYS ONE AND TWO, 15-16 JULY
• Strategic overview of the market by top policymakers, domestic and European regulators and leading energy companies
• Regional gas market integration
• 10 year GTSO development plan
• Expectations, obstacles and needs for the new Production Sharing Agreements
• Incentives for new investments into production and mechanisms for cooperation
• Developing offshore, deep drilling, hard-to-recover hydrocarbon production technologies

To view our 2020 speaker line up of highest caliber visit here
We look forward to seeing familiar and new faces in July, offline or online!
If you have any enquiries or suggestions do not hesitate to contact Anna Kuzminskaya: +380 63 7673207 A.Kuzminskaya@adamsmithconferences.com

For detailed information and registration follow the link >>

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