Business news from Ukraine

Business news from Ukraine

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 04/01/21

National bank of Ukraine’s official rates as of 04/01/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JANUARY 04

Official rates of banking metals from national bank as of January 04

One troy ounce=31.10 grams

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PASSENGERS CARRIED IN JAN-SEPT OF 2020, IN MLN

Passengers carried in Jan-Sept of 2020, in MLN.

UKRAINE PLANS TO PERFORM LUNG AND LIMB TRANSPLANTS

In 2021, Ukraine is planning to perform lung transplants for the first time, as well as upper and lower extremities, Health Minister Maksym Stepanov said during a press briefing in Kyiv on Monday.
“Our goal in 2021: a minimum of 250 transplants. In 2021, we plan not to send people abroad for kidney and liver transplants, our doctors are able to do these transplants. We also plan to perform lung, upper and lower extremities transplants this year,” he said.
The minister added that it is also planned to introduce a package of the Medical Guarantee Program to accompany patients after transplantation.
“We need to introduce a package of the Medical Guarantee Program with medical services for post-transplant support. We will also develop a mechanism for involving all types of transport, including civil aviation, aviation transport of the State Emergency Service, the National Police, the State Border Guard Service, in the transportation of anatomical materials and recipients,” Stepanov said.
“In addition, we plan to introduce tools for assessing the quality of the work of intensive care units and a mechanism for assessing the management of patients with brain damage in medical institutions. The issue of improving medical education, professional development of specialists is also acute. For this, we will introduce programs for sending our specialists for internship abroad,” he said.
Stepanov said that since January 1, the Unified Public Organ and Tissue Transplantation Information System, which connects the donor and the recipient, has been available in Ukraine.

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UKRAINE’S TRADE DEFICIT MORE THAN HALVES IN 2020

The trade deficit of Ukraine more than halved by the end of the past 2020 – from $10.22 billion to $4.9 billion, Deputy Minister of Development of Economy, Trade and Agriculture, Trade Representative of Ukraine Taras Kachka has said.
“In U.S. dollars, exports for the whole year amounted to $49.32 billion, which is 1.70% less than in 2019. In the crisis year, this figure is very good. Particularly positive is the reduction of the trade deficit by more than half from $10.22 billion in 2019 to $4.9 billion,” Kachka wrote on Facebook last week.
He especially noted the dynamics of December, when exports amounted to $4.88 billion, which is $150 million more than in the previous month and $760 million than in December 2019.
“The secret of the December figures is quite simple. All over the world prices for metal and ore are growing at a frantic pace. Exports for the 72nd group in December amounted to $715 million (in November it was $572 million and in December 2019 $522 million),” Kachka wrote.
According to him, the export of ore from Ukraine in 2020 amounted to $4.42 billion, which is 23% more than in 2019, while the indicators of ferrous metallurgy ($7.7 billion) and products from it ($0.88 billion) were less by 12% and 15%, respectively, than in 2019.
In addition, due to a decrease in the harvest, physical grain exports in 2020 were lower than in 2019. “But this decrease in physical exports is offset by a rise in prices,” Kachka said.

Dragon signs agreement for purchase of Unex bank

Vadim Novinsky’s Smart Holding and Tomas Fiala’s Dragon Capital investment group have signed a sale and purchase agreement for Unex Bank, Smart Holding said on Thursday.

“The parties plan to close the deal during the first quarter of 2021. At the moment, the documents are being approved by the NBU. The Antimonopoly Committee of Ukraine has already approved the deal,” the release says.

The parties to the agreement are: – Withine Investments LTD (Cyprus) from Smart Holding, Dragon Capital Investments Limited (Cyprus) from Dragon Capital, participating in the transaction together with Ivan Svitek.

The amount of the deal was not disclosed.

According to the NBU, as of October 1, 2020, in terms of total assets, Unex Bank ranked 64th (UAH 796.83 million) among 74 banks operating in the country.

The bank completed nine months of 2020 with a net loss of UAH 22.97 million, which is 3.8 times higher than the loss for the same period last year, including in the third quarter the net loss amounted to UAH 14.67 million against UAH 1.41 million in third quarter of last year.

Bank’s net interest income for nine months of this year decreased by 14.8% – to UAH 68.07 million, and the net commission income – by 21.2%, to UAH 19.3 million.

The release states that Withine Investments LTD (Cyprus) owns 100% of the shares of Unex Bank, and 100% of the shares of Withine Investments, in turn, belong to Smart Investments (CY) Ltd, owned by MP Novinsky.

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