Interfax-Ukraine to host press conference ‘Successful Completion of 1st Phase of #DniproSwimming Project: Athlete Swims 1,000 km along Dnipro from Belarus Border to Kherson’
On Monday, September 16, at 12.00, the Interfax-Ukraine news agency’s press center will host a press conference titled: “Successful Completion of 1st Phase of #DniproSwimming (#VplavDnepr and #VplavDnipro) Project: Athlete Swims 1,000 km along Dnipro from Belarus Border to Kherson. Awards from the Book of Records of Ukraine. Further Plans.” Participants include: record-breaking swimmer Mykhailo Romanyshyn; expert of the National Register of Records of Ukraine Vitaliy Zorin; participant in the project (accompanying boat) Andriy Yaremov; organizer of the #DniproSwimming project Maksim Urakin (8/5a Reitarska Street).
More details by phone: +38 067 232 0042.
The deficit of Ukraine’s foreign trade in goods in January-July 2019 increased by 18.5% compared with January-July 2018, to $4.936 billion, the State Statistics Service has reported.
According to its data, export of goods from Ukraine for the specified period grew by 7%, to $28.748 billion, while imports by 8.5%, to $33.684 billion.
The service said that in July 2019 the seasonally adjusted export volume decreased by 3.7% compared to May 2019, to $4.081 billion, while imports by 0.2%, to $5.248 billion.
The seasonally adjusted foreign trade balance in July was also negative and amounted to $0.956 billion, which is 12.8% less than in the previous month ($1.096 billion).
The service said that foreign trade operations were carried out with partners from 218 countries of the world.
The ratio of coverage of imports by exports amounted to 0.85 (in January-July 2018 0.87).
DTEK Energy has bought 88,000 tonnes of G group coal from Columbia.
According to the company’s press release, the unloading of the W-Ace bulk carrier has already begun at the TIS terminal (Odesa region), after which coal will go to DTEK Energy’s thermal power plants (TPPs).
“Today in the Ukrainian energy sector there is a situation where thermal power plants must replace the amount of electricity that other types of generation must generate,” the company said.
According to DTEK Energy CEO Dmytro Sakharuk, today, the company has already contracted 388,000 tonnes of coal from abroad.
Earlier, DTEK CEO Maksym Tymchenko said that by the end of the year, the company’s demand for imported coal is about 1 million tonnes, taking into account already contracted volumes.
As reported, by the beginning of September 2019, coal reserves in the warehouses of TPPs of Ukraine are 54.6% lower than last year.
Milkiland, a dairy group with assets in Ukraine, Russia and Poland, saw net loss of EUR 7.28 million in January-June 2019, which is 2.9 times more than a year ago.
According to a report of the group on the Warsaw Stock Exchange (WSE), consolidated revenue in January-June 2019 slightly fell to EUR 65.88 million, and earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 85.3%, to EUR 0.53 million.
“This stable result was triggered by significantly higher top-line in Ukraine (+c.36% year-over-year) compensated by lower sales in Russia and Poland (c. 8.5% and c. 45% on year-over-year basis, respectively). Positive dynamics of the group’s sales in Ukraine in H1 2019 relied on the higher sales of butter, stable sales of whole-milk products partly offset by the declined sales of cheese,” the company said in the document.
Lower top-line in Russia was fully triggered by the decline of whole-milk products sales, while in Poland the group faced the drop of cheese and dry milk products sales both in volume and value terms due to shorten operations in this country.
As the result of the lower cheese sales in Ukraine and Poland the group’s overall sales in Cheese&Butter segment in the reporting period declined by 19% to EUR 19.7 million on year-over-year basis, the share of this segment revenues in the total revenues of the group slid from 37% in H1 2018 to 30% in H1 2019.
Whole-milk product segment still being the largest contributor to the Group’s revenues in H1 2019 (with the share of 48% vs 50% of the total revenues in H1 2018) demonstrated a 4% correction in value terms, caused mostly by the decline of the sales volumes in Russia by c. 10% in comparison with the same period of 2018.
The group said that better pricing at the global market of dry milk products contributed to noticeable growth of the revenues of Ingredients segment, which increased by c. 62% in the first half of 2019 in comparison with the same period of the last year on the back of almost two-fold increase of the sales volumes of these products. The share of the respective revenues of the segment in the total revenues of the group, consequently advanced from 14% in H1 2018 to 22% in the reporting period.
Operating loss over the period fell by 80.8%, to EUR 9.11 million. Gross profit decreased 24.2%, to EUR 8.57 million.
“Total liabilities increased by c.15% as of 30 June 2019 in comparison with 30 June 2018 mainly resulting from a c.21% growth in current liabilities in turn triggered by the noticeable increase of trade and other payables from c. EUR 49 million as of June 30, 2018 to c. EUR 80.4 million on the same date of the current year,” the company said.
The National Commission for Regulation of the Financial Services Market under the decision No.1602 has cancelled seven licenses for voluntary insurance that have been issued to Farlong LLC insurance company (Kyiv). As the regulator reported on its website, the decision comes into force in 30 days, on September 27, 2019.
The licenses were cancelled for company’s failure to fulfill order of the financial market watchdog as of July 23, 2019 on removal of violated license conditions.
Farlong was put into the State Register of Financial Organizations of Ukraine in March 2016.
According to the State Register of Legal Entities and Individual Entrepreneurs, Adamant Trading LLC is the main shareholder of insurer with 99.99% of its charter capital.
The charter capital of the company is UAH 35 million.
CANCELS LICENSES, FARLONG, FINANCIAL MARKET, INSURER, WATCHDOG
President of Ukraine Volodymyr Zelensky is convinced that it will be possible to defeat corruption in Ukraine and bring those responsible to justice. “Happiness is seeing a thief in prison, not in the Maldives,” he said, speaking at the 16th Yalta European Strategy (YES) Annual Meeting “Happiness Now. New Approaches for a World in Crisis” in Kyiv on Friday.
At the same time, Zelensky noted that “the more they do not believe in us, the better we get the things done.”
“It was the same with the presidential election, it was the same with the removal of parliamentary immunity, it will be so with the overcoming of corruption,” he added.
