Business news from Ukraine

Business news from Ukraine

State Property Fund of Ukraine is ready to resume large-scale privatization

The State Property Fund of Ukraine (SPF) is ready to resume large-scale privatization in Ukraine despite the war, but first wants to analyze their condition, Rustem Umerov, newly appointed head of the Fund, said.
“So far, we want to preliminarily analyze the situation at the enterprises. After that, we plan to discuss with the government which of them we can now put up for sale,” he said in an interview with Forbes Ukraine, which was published on Tuesday.
Among the enterprises that could be put up for large-scale privatization, the head of the State Property Fund named the Odessa Portside Plant, the United Mining and Chemical Company (OGCC) and the Zaporozhye Titanium and Magnesium Combine (ZTMK), adding that he also intends to wait for the resumption of their work.
Answering a question about the revision of privatization in previous years, the new head of the State Property Fund said that he was not in favor of such an approach. “We must move on without looking back at the past,” he said.
Umerov added that an analysis of about 800 enterprises that the Fund recently received by government decision is also being carried out.
According to him, the presence among them located in the temporarily occupied territories is explained by the fact that one of the functions of the State Property Fund will be to assess the losses of Ukraine from the occupation, including the loss of these enterprises. “After the assessment, we will file lawsuits in international courts demanding compensation for the damage,” the head of the department said.
He also confirmed that the government is discussing the idea of ​​transferring the arrested assets belonging to the Russians to the Fund. “After analyzing their financial situation, we will put them up for privatization. We will transfer the proceeds to the government, which will send them to the country’s defense,” Umerov explained the idea.
Among other initiatives, he named an inventory of all leased areas, discussion of the possibility of creating a land bank together with the Ministry of Agrarian Policy and Food, as well as work on the creation of a real estate agency – Real Estate Investment Trust.
Umerov also recalled plans to create a Sovereign Fund, to which enterprises of strategically important sectors for the state will be transferred: energy and critical transport infrastructure, as well as enterprises with a unique market position and licenses for the extraction of natural resources.

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Number of insurance partners of multidisciplinary medical center “Leleka” reached 20

The number of insurance partners of the multidisciplinary medical center for the whole family “Leleka” (Kiev, Pushcha-Vodytsia) reached 20, as it is reported in the clinic.
It is also noted that the insurance partners of the clinic, in particular, are IC “ARX”, IG “TAS”, IC “Alpha Insurance”, IC “UNICA”, IC “Providna”, ASK “INGO”, IC “Universalna”, IC “TAS”, “USIC”. Besides “Leleka” works with the assistance companies “Mars-Assistance”, “SOS-service”, “Premier-Assistance”, AP Companyiz, Savitar-group, Arsenal-Assistance.

According to the report since September 2022 medical center began providing not only medical care in gynecology, childbirth and pregnancy management, but also surgical treatment of a wide range of diseases not only for women but also for men. In particular, the clinic provides services in vascular surgery, mammology, proctology, urology, endocrine, plastic and ambulatory surgery.
Leleka Medical Center follows evidence-based medical protocols, approved in Ukraine, the U.S. and Western Europe. During 5 years of its functioning the medical center was trusted by patients from 32 countries of the world.
According to the report the medical center is the only one in Ukraine that has a prestigious American accreditation JCI, gold standard of quality in the world of health care.
“Our priorities are implementation of medical innovations and guarantee of qualitative medical assistance”, – the director general of medical center “Leleka” Valery Zukin marks.

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“Nova Poshta” launched a new service for receiving parcels by another person

The logistics company “Nova Poshta” has launched a new service in its own application, which allows you to transfer the right to receive a parcel to another person.
As the company announced on Tuesday, now through the mobile application “Nova Poshta” you can give the right to the person you trust to receive the package for you and pay for it, if necessary.
The service is free and is valid only for receiving items at a post office and a post office with a declared value of up to UAH 30,000.
The person who has been granted permission to receive the parcel will receive a push message in his Nova Poshta mobile application automatically. If the authorized person does not have the company’s mobile application installed, then he will receive a message on his phone in Viber or SMS.
The right to receive a parcel can also be cancelled.
Only the original recipient of the shipment can order the “Other recipient” service and only through the Nova Poshta mobile application.
At the same time, if the parcel is ordered “Personally in hand”, then it is impossible to change the recipient.

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58% of planned areas of Ukraine are already sown with winter grains

By October 18, Ukrainian agricultural producers sowed the main winter crops on an area of ​​2.8 million hectares (58% of the forecast of 4.5 million hectares), including 954 thousand hectares were sown over the past week on October 11-18 , according to the website of the Ministry of Agricultural Policy and Food on Tuesday.
According to the agency, 61% of the planned area, or 2.5 million hectares, was sown with wheat, 265 thousand hectares (39% of the area) with barley, and 69 thousand hectares (81% of the area) with rye.
At the same time, it is specified that the most intensive sowing of winter crops is carried out in the Dnepropetrovsk and Odessa regions, in each of which over 100 thousand hectares of winter crops were sown per week.
In addition, 999 thousand hectares were sown with winter rapeseed in Ukraine, which is 104% of the previously planned figures.
Thus, by October 18, a total of 3.8 million hectares, or 42.8% of the last year’s figure, were sown with winter grains and oilseeds in Ukraine.
In 2021, Ukraine allocated 8.87 million hectares for winter crops, including 6.66 million hectares for wheat, 1.02 million hectares for barley, 160.6 thousand hectares for rye, and 1.03 million hectares for rapeseed.

Oil prices fall on Tuesday

Oil prices are slightly reduced during trading on Tuesday, investors assess the risks of a global recession and monitor the dollar.
December futures for Brent on London’s ICE Futures exchange fell by $0.02 (0.02%) to $91.6 per barrel by 14:06 CST.
Quotes of WTI futures for November in electronic trading on the New York Mercantile Exchange (NYMEX) by the specified time decreased by $0.09 (0.11%) to $85.37 per barrel.
Bidding on the eve of both brands completed without significant changes.
Strong growth in US stocks and a weakened dollar on Monday failed to provoke an increase in oil prices, said Warren Patterson, head of commodity strategy at ING.
“Instead, the market appears to be wary of a decline in demand. Chinese President Xi Jinping has made it clear that China will continue to pursue a ‘zero tolerance’ policy for the coronavirus, which increases uncertainty about China’s oil demand until the end of 2023,” he wrote. Patterson.
During the morning session on Tuesday, oil rose in price moderately, but then turned to decline due to the renewed strengthening of the dollar – an index that tracks the dynamics of the US dollar against six major world currencies, by 14:06 CSK rises by about 0.3%.
Also, downward pressure on oil prices is exerted by concerns about the tightening of the monetary policy of many major central banks of the world, aimed at curbing inflation, writes Trading Economics.

Foreign trade turnover by the most important positions in Jan-Aug 2022 (export)

Foreign trade turnover by most important positions in Jan-Aug 2022 (export)

SSC of Ukraine , graphics of the Club of Experts