Business news from Ukraine

Business news from Ukraine

KYIV ALLOCATES UAH 6.2 BLN FOR HEALTHCARE

Kyiv will allocate about UAH 6.2 billion for healthcare in 2021, the press service of Kyiv City State Administration said with reference to acting first deputy head of Kyiv City State Administration Valentyn Mondrievsky.
“We will continue to support medical workers and, on the initiative of the mayor, we will increase the allowances for them. Starting from January next year, doctors will receive a salary increase of UAH 5,000, nursing staff will receive UAH 4,000, junior medical staff will receive UAH 2,000,” Mondrievsky said.
He said the city will continue to invest in renovation, repair of medical facilities and the purchase of new equipment.

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UKRAINE’S INTL RESERVES EXCEED $28.5 BLN

Ukraine’s international reserves have grown to over $28.5 billion, which is 12.6% more than as of December 1, 2020 ($25.3 billion), Head of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn has said.
“The international reserves of the NBU on December 28 remained at a level close to an eight-year high – more than $28.5 billion, having increased by $3.2 billion since the beginning of the year,” he wrote on Facebook.
He added that the balance of foreign exchange interventions of the NBU since the beginning of the year amounted to $1.1 billion.
As reported, at the beginning of this year, Ukraine’s international reserves amounted to $25.302 billion, and net international reserves some $15.785 billion.
In the structure of reserves at the beginning of the year, securities accounted for 84.2%, cash, correspondent accounts and deposits for 10.9%, and gold for 4.8%.

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ENWELL ENERGY EXTENDS LICENSE FOR SVYRYDIVSKE FIELD

The British oil and gas company Enwell Energy plc (formerly Regal Petroleum) has extended the special permit for Svyrydivske gas condensate field in Poltava region.
According to the company’s statement on the London Stock Exchange, the application for a license renewal for a period of 20 years was granted on December 24, 2020.
The expected economic development period of Svyrydivske field, based on the assessment carried out by DeGolyer and MacNaughton as of December 2017, is 2042.
As reported, at the end of November 2020, Enwell Energy extended the special permit for Mekhedivsko-Golotovschynske gas condensate field (Poltava region).
The license for Svyrydivske field for a period of 20 years since July 2004 has been owned by the representative office of Regal Petroleum Corporation Limited.
The majority shareholder of Enwell Energy, which owns 82.65%, is Pelidona Services Limited (Cyprus) of Vadim Novinsky’s Smart-Holding Group.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF DECEMBER 30

Official rates of banking metals from national bank as of December 30

Source: Central Bank

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UKRAINIAN BANKS’ CASH EXCHANGE RATES ON 29/12/20

Ukrainian banks’ cash exchange rates on 29/12/20

©Source: Interfax-Ukraine

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) IN JAN-SEPT OF 2020

Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-Sept of 2020.

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