DTEK Grids LLC on April 30, 2021 entered into an agreement for the sale and purchase of 24.5% of shares in PJSC Kirovohradoblenergo, which belongs to VS Group Management LLC from the VS Energy Group and related companies, and is considering the possibility of acquiring a controlling stake of shares of this enterprise upon approval of the relevant transaction by the Antimonopoly Committee of Ukraine.
“DTEK continues developing its electricity distribution business. The company views it as promising and important for the transformation of the Ukrainian power market,” the company said in a statement on Friday.
Currently, the VS Energy group also includes Khersonoblenergo, Zhytomyroblenergo, Rivneoblenergo and Chernivtsioblenergo. In 2019 VS Energy sold Kyivoblenergo and Odesaoblenergo to the DTEK group.
In January, VS Energy announced a compulsory squeeze-out of Kirovohradoblenergo shares from minority shareholders, following the similar actions at Khersonoblenergo and Chernivtsioblenergo. According to the document, the highest price at which the applicant or persons affiliated with him acquired the issuer’s shares over the past 12 months was UAH 1.30. The market price of the Kirovohradoblenergo shares as of December 22, 2020, set by the appraiser of FC TITAN LLC, was UAH 1.26.
The total number of Kirovohradoblenergo shares is 119.376 million.
DTEK Grids said that it plans to implement a comprehensive program for the modernization of existing assets, as well as to carry out system automation and digitalization of power grid management in Kirovohradoblenergo, DTEK Grids CEO Ivan Geliukh said. According to him, this will improve the reliability of power supply, reduce losses and improve the quality of customer service in Kropyvnytsky and Kirovohrad regions.
According to the company, today, the market for supplying electricity to customers is completely competitive, the national regulator NEURC controls the work of distribution system operators, imposing an obligation on them to unconditionally provide access to the network infrastructure to any electricity supplier. “Thus, the concentration of new assets by DTEK complies with the legislation and the right of customers to have an opportunity of choosing who they buy electricity from in the market,” DTEK Grids said.
The company is developing a business for the distribution of electricity and the operation of power grids in Kyiv city and region, Dnipropetrovsk, Donetsk and Odesa regions. Its enterprises service 5.4 million households and 150,000 enterprises.
The net profit of First Ukrainian International Bank (FUIB, Kyiv) in January-March 2021 amounted to UAH 1 billion, which is 23.3% more than in the same period in 2020 (UAH 810.9 million), the bank said on its website.
According to the report, the bank’s net interest income in the first quarter increased by 20.7% compared to the same period a year earlier, to UAH 2.03 billion, and commission fees – by 5%, to UAH 439 million.
FUIB’s assets in the first three months of the year increased by 12.8%, to UAH 84.877 billion, in particular loans to customers – by 5.5%, to UAH 39.6 billion, and cash and cash equivalents – by 1.5 times, to UAH 21.26 billion.
The bank’s liabilities increased by 15%, to UAH 75.456 billion, in particular, customer funds – by 17%, to UAH 67.3 billion, and debt to other banks – by 35.7%, to UAH 1.84 billion.
The bank’s net worth decreased by 2.7% in three months, to UAH 9.42 billion. The charter capital remained at the level of UAH 4.78 billion.
FUIB was founded in 1991. Rinat Akhmetov is the owner of a significant stake in the bank (indirect participation is 99.9%).
According to the National Bank of Ukraine, as of March 1, 2021, in terms of total assets (UAH 85.516 billion) FUIB ranked seventh among 73 banks operating in the country.
The Cabinet of Ministers has approved the distribution of UAH 24.3 billion of net profit of the state PrivatBank (Kyiv) for 2020, in particular, UAH 19.4 billion (80%) will be allocated to pay dividends to the state budget, and UAH 3.645 billion to cover the accumulated losses of previous years (15%), and to the reserve fund – UAH 1.215 billion (5%).
The corresponding order was approved by the government on April 28.
As reported, at the end of April 2020, the Cabinet of Ministers approved the standard for the deduction of part of the profit to the state budget for state-owned companies at the level of 50%, with the clarification that it can also be set individually.
Ukraine in January-April this year increased exports of coke and semi-coke in quantity terms by 8.6 times compared to the same period last year, to 91,774 tonnes.
According to statistics released by the State Customs Service, in monetary terms, exports of coke and semi-coke increased by 24.5 times over this period, to $25.006 million.
At the same time, main exports were carried out to Algeria (26.39% of supplies in monetary terms), Turkey (25.71%) and Kazakhstan (24.8%).
Ukraine in January-April 2021 imported 90,527 tonnes of coke and semi-coke, which is 2.5% less compared to January-April 2020. In monetary terms, imports grew by 7.4%, to $22.875 million.
The products were mainly imported from the Russian Federation (52.9% of deliveries in monetary terms), Poland (26.22%) and the Czech Republic (16.18%).
The introduction of COVID-19 vaccination passports in Ukraine is supported by just over a quarter (27%) of citizens, and not supported by a third (34%), according to a survey by Research & Branding Group conducted on April 23-30.
At the same time, another 30% of the country’s residents are indifferent to the introduction of “vaccination passports” and 9% have not decided.
The highest level of support for the introduction of a “vaccination passport” is noted among residents of the western region and young people under 30, and the lowest – among residents of the southern region and the age group over 60, among whom are most of those who are indifferent to the issue.
At the same time, 44% of Ukrainians consider the use of a “vaccination passport” for travel abroad justified, while 4% and 3% of respondents consider the use of a “vaccination passport” for public events and trips in Ukraine justified, respectively. At the same time, 16% of Ukrainians justify the use of a “vaccination passport” in all aspects of everyday life, and 3% consider it completely unnecessary.
Most of those who consider it justified to use a “vaccination passport” primarily for foreign travel are among residents of regional centers, and least of all – among representatives of the age of 60 and over and rural residents. In comparison, residents of the eastern region are more likely to consider the “vaccination passport” for travel across Ukraine to be justified. The majority of 50-year-old Ukrainians advocate the use of the “vaccination passport” in all aspects of everyday life.
The survey was conducted by the method of personal formalized interview (face-to-face) among 1,804 respondents over 18 years old in all regions controlled by the government. The sample represents the population of Ukraine by gender, age, type of settlement and region of residence. The maximum error does not exceed 2.4%.
NUMBER OF REGISTERED UNEMPLOYED IN UKRAINE IN 2018-2021
