Business news from Ukraine

Business news from Ukraine

ARRIVAL OF HASIDIM IS EXPECTED IN UMAN

The arrival of 5,000 to 10,000 Hasidim in the city of Uman, Cherkasy region to celebrate the Jewish holiday Rosh Hashanah is expected in 2020, and this causes great concern both within Ukraine and the Ministry of Foreign Affairs of Israel, Minister of the Cabinet of Ministers of Ukraine Oleh Nemchinov said.
“Today, a meeting of the State Commission on Manmade Disaster and Emergency Response was held. One of the key issues that were discussed was the planned mass pilgrimage of Breslov Chasidim in September 2020 to the city of Uman, Cherkasy region to celebrate Rosh Hashanah (Jewish New Year),” Nemchinov wrote on his Facebook page.
In this regard, the commission instructed the Ministry of Foreign Affairs to strengthen communication to inform foreign citizens about the restrictions in force in Ukraine, the Ministry of Internal Affairs to strengthen and ensure security during the celebration of Rosh Hashanah, the State Border Guard Service to develop a booklet of stay in Ukraine and distribute it at the crossing Ukrainian border, as well as inform about a possible ban on entry to Ukraine for several years in case of violation of lockdown.
“In addition, at the meeting of the commission, it was noted that in 2020, Ukrainian Christians and Muslims abstained from mass events during the celebration of their largest religious holidays,” Nemchinov said.

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PRESIDENT SIGNS LAW ON LEGALIZATION OF GAMBLING IN UKRAINE

President of Ukraine Volodymyr Zelensky has signed Verkhovna Rada’s bill No. 2285-d on state regulation on organizing and conducting the gambling activity.
The Ukrainian parliament said on its website that the bill was returned with the signature of the head of state on August 11.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 11/08/20

National bank of Ukraine’s official rates as of 11/08/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF AUGUST 11

Official rates of banking metals from national bank as of August 11

One troy ounce=31.10 grams

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RAIFFEISEN BANK IN UKRAINE PLANS SEND UAH 4.274 BLN TO PAY DIVIDENDS

Raiffeisen Bank Aval (Kyiv) plans to send UAH 4.274 billion (90% of profit) to pay dividends to holders of ordinary shares based on the results of the financial institution’s work in 2019, while in the past year it accrued UAH 3.561 billion, and a year earlier UAH 4.244 billion.
According to the bank’s report in the information disclosure system of the National Securities and Stock Market Commission, the relevant issue was included in the agenda of a general remote meeting of shareholders scheduled for September 11.
It is indicated that out of UAH 4.749 billion of net profit for 2019, the bank plans to send UAH 700,000 (0.01%) to pay dividends to holders of preferred shares and UAH 474.1 million (9.98%) to the reserve fund.
Dividends, if approved, will amount to 6.95 kopecks per share, while at present they are quoted on the Ukrainian Exchange at the following rate: purchase at 35.36 kopecks, sale at 35.5 kopecks.
According to the agenda, the shareholders will also consider the appointment of Lukasz Januszewski as head of the supervisory board of Raiffeisen Bank International (RBI), responsible for investment banking and trade, instead of Martin Grull, and Thomas Matejka as a member of the supervisory board instead of Harald Kroeger.

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UKRAINIAN EX-ECOLOGY MINISTER PUT ON WANTED LIST

Former Ecology and Natural Resources Minister of Ukraine Mykola Zlochevsky has been put on wanted list under a criminal case on providing Head of the Specialized Anti-Corruption Prosecutor’s Office (SAPO) Nazar Kholodnytsky and top officials of the National Anti-Corruption Bureau of Ukraine (NABU) with improper advantage. According to the information posted on the website of the Interior Ministry of Ukraine in the Wanted section, Zlochevsky went missing on February 1, 2018 in Odesa and now has the status of a person hiding from the pre-trial investigation agencies. He us charged under Part 4 of Article 369 of the Criminal Code of Ukraine (offering, promising or giving bribe to an official) and no preventive measure was applied to him.
As reported, on June 12, a former official, with the assistance of an official of the State Fiscal Service in Kyiv, a head of the group of companies affiliated to Zlochevsky, and others, tried to transfer $6 million of illegal benefit to SAPO and NABU top officials.

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