The shareholders of PJSC Brokbusiness Life Insurance Company (Kyiv) at a meeting on October 27 will consider the issue of amendments to the charter of the company, including the change of name to JSC Brokbusiness-Life, according to the official information of the insurer.
In addition, during the meeting, it is planned to make changes to the types of activities of the company by excluding life insurance (65.11), while including the following activities: 66.22 – activities of insurance agents and brokers (main), 63.99 – other information services, 66.29 – other auxiliary activities in insurance, 70.22 – business and management consulting, 73.20 – market research and public opinion research, 82.30 – organization of congresses and trade shows.
As reported, the National Financial Services Market Regulation Commission, by an order dated April 28, 2020, excluded information about PJSC Brokbusiness Life Insurance Company (Kyiv) from the public register of financial institutions and canceled the registration certificate at the request of the company.
The company had been operating in the insurance market since November 2007.
Ukrainian Infrastructure Minister Vladyslav Krykliy and Minister of Transport and Construction of the Slovak Republic Andrej Doležal signed a memorandum of cooperation within the Silk Road Economic Belt.
The press service of the Infrastructure Ministry said on Thursday that the document will contribute to creating conditions for the further development of multimodal transport in transfer between Asia and the EU through Ukraine and Slovakia, as well as for increasing the number of container block trains that will be used for combined freight transport; putting into practice the implementation of the project on the creation of multimodal logistics centers that will handle cargo on the Silk Road route, which will make it possible to form an appropriate bilateral working group and create a basis for negotiations with the Chinese side; developing a common approach to organizing the movement of container trains running between Asia and the EU through Ukraine and Slovakia.
“Both Ukraine and Slovakia are extremely interested in developing their transit potential and improving the processes of organizing the delivery of goods in containers from the EU countries to China and vice versa. In early September, we held consultations with the Slovak side to intensify cooperation in the development of the Silk Road through the territory of Ukraine and Slovakia. Today we are fixing them with the relevant memorandum,” the press service said, citing Vladyslav Krykliy.
The ministry said that the memorandum has been drawn up for an indefinite period and will enter into force on Thursday, September 24.
In addition, according to the ministry, during a meeting with the Slovak side, the Minister of Infrastructure confirmed the readiness to intensify the work of the Ukrainian and Slovak sides on the development of logistics terminals in Chop, Mukacheve and Košice and proposed a joint search for financial resources for the implementation of the Creation of Multimodal Logistics Center Between Ukraine and Slovakia Based on the Existing Terminal in Chop project.
The National Bank of Ukraine (NBU) expects an actual budget deficit in 2020 at the level of 6-6.5% of GDP instead of the 7.5% foreseen in the forecast, Deputy Governor of the NBU Dmytro Sologub has said.
“This year’s budget deficit is set at 7.5% of GDP. This is absolutely correct from the countercyclical point of view. But, apparently, the actual deficit will be lower… We estimate that the budget deficit will be around 6 -6.5% of GDP,” he said in an interview with Interfax-Ukraine.
According to him, the budget deficit fell below the forecast due to the strong underfunding of existing expenses. “Catching up on them in recent months will not be easy given the funding opportunities,” he said.
The American video service Netflix Inc. became a member of the American Chamber of Commerce in Ukraine (ACC), ACC President Andy Hunder told the members of the association.
He recalled that Netflix is now filming its first feature film in Ukraine.
Discovery Communications Europe Limited also became a member of the ACC in Ukraine in August.
Earlier information appeared on Netflix’ website that two Ukrainian studios Postmodern Postproduction and Tak Treba Production became partners of the video service and received the Gold partner status. They will duplicate service products in Ukrainian.
Postmodern Postproduction (formerly Pteroduction Sound) is one of the largest film studios in Ukraine. It specializes in postproduction (dubbing, CGI and VFX). Founded in 2001, it is part of Film.UA Group. The CEO of the company is Serhiy Bondarenko.
The multimedia company Tak Treba Production specializes in adaptation services for foreign films, TV series and animation (voice acting, dubbing, titration in Ukrainian and Russian). The company was founded in 2003 and is headed by Dmytro Melnyk.
Kovalska Industrial and Construction Group intends to invest $ 70 million in the construction of five business centers in the Unit.City innovation park, CEO of the group Serhiy Pylypenko has said at a press briefing.
“The Kovalska team will undertake the construction of a cluster, which, in particular, will include five business campuses with a total area of 70,000 square meters. Investments in the development of the innovation park from the group will exceed $70 million. The project is expected to be completed in four years,” a press release from the company says.
Pylypenko noted, joining the project as a 100% campus investor will allow the company to gain a foothold in the status of a professional commercial real estate developer.
All properties are expected to be certified according to the Leed Silver green standard. To develop the projects, Kovalska involved the Polish architectural bureau APA Wojcoechowski and the international engineering company TEBIN.
“Thanks to its financial, technical resources and its construction capabilities, Kovalska fully takes control of this project – from the concept to the completion of construction and management,” Pylypenko said, stressing that the company is a 100% investor in the project.
According to the founder of UFuture holding, Vasyl Khmelnytsky, who is quoted by the press service, the Unit.City project has been implemented only by 7%. Attracting powerful strategic partners to the development of this project will provide an opportunity to bring it to the global level in 2023.
National bank of Ukraine’s official rates as of 24/09/20
Source: National Bank of Ukraine
