JSC Ukrtransnafta has transferred 100% of its net profit in the amount of UAH 1.463 billion for 2018 in dividends to Naftogaz Ukrainy.
The press service of the company said last year the company also sent 100% of its net profit for 2017 in the amount of UAH 2.139 billion to pay dividends.
As reported, Ukrtransnafta in 2018 reduced its net profit by 31.6% (by UAH 676.454 million) compared to 2017, to UAH 1.463 billion. Net sales income rose by 2.3%, to UAH 3.873 billion, while gross profit decreased by 21.2%, to UAH 1.452 billion.
In 2018, Ukrtransnafta transported 15.436 million tonnes of oil, including 13.335 million tonnes in transit to European refineries, 1.344 million tonnes of domestic oil and 680,500 tonnes of imported oil to the refineries of Ukraine.
Ukrtransnafta, 100% managed by NJSC Naftogaz Ukrainy, is the operator of the oil transportation system of Ukraine.
The Cabinet of Ministers has authorized Finance Minister Oksana Markarova to sign an agreement with the government of Oman to avoid double taxation and prevent tax evasion with respect to income and capital taxes.
The government made the relevant decision at a meeting on July 24 without discussion.
In addition, the government authorized Markarova to sign a protocol on amendments to the agreement on avoiding double taxation with the government of the United Arab Emirates.
Risoil S.A. plans to install eight new silos at the grain terminal Risoil Terminal in Chornomorsk port and increase the capacity of storage by 105,000 tonnes, to 257,000 tonnes on average (depending on the crops). “This month, the installation of eight new silos begins. The volume of storage will be 105,000 tonnes more. The supplier of silos is AGI, the leading global manufacturer of equipment. It is planned to compete the installation work by the end of 2019,” the group said on Facebook.
Risoil S.A. was established in Geneva (Switzerland) in 2000. Its core business is logistics of oil, bulk and general cargo in the ports of the Black Sea, the sale and production of vegetable oils, trade in grains and oilseeds in containers, storage and processing of agro-industrial products.
The grain terminal Risoil Terminal in Chornomorsk port was put into operation in 2016.
CHORNOMORSK PORT, GRAIN TERMINAL, NEW SILOS, RISOIL, VEGETABLE OIL
Nova Poshta group of companies since the beginning of 2019 has increased the number of branches in the network by 1,200, or 42.9%, to 4,000, the group has said. “The main “shtick” of the network is that its offices open in villages and small settlements,” Oleksandr Bulba, the director of Nova Poshta, said.
He added that the network is also growing by providing opportunities for local entrepreneurs to open points directly in their stores.
According to the report, since the beginning of the year, more than 8 million customers used the services of the group, about 100 million parcels were delivered, whereas in the first half of 2018 Nova Poshta reported on 78 million shipments. Taking into account these figures, the growth was 28.2% compared with 21% in the first half of 2018.
According to the report, Ukrainians more actively order goods abroad: the number of parcels from the United States ordered using the NP Shopping service increased by 20%, from the UK by 86%, and tripled from Poland.
The report also notes that in the first half of 2019, the innovative terminal in Kyiv handled almost 46 million parcels, which is 34% more than in the same period last year. Khmelnytsky Innovative Terminal, launched on May 17, 2019, processed 6.8 million shipments, the release said.
The Business Strategy Center “Perspektiva” invites participants to the XIX International Financial Forum, which is held annually with the support of the League of Insurance Organizations of Ukraine and will be held on September 12-15, 2019 in Odessa.
The Forum, launched in 2001, aims to support the effective integration of Ukraine into key international financial systems and become a major international event. Its main tasks are development of productive processes in the international financial services market, consolidation of the financial sector of the domestic market, dissemination of best practices and achievements of modern management, exchange of new ideas and experience, business meetings of insurers and development of partnership relations.
The participants of the Forum will discuss the development of the financial sector of Ukraine and the priority directions of the insurance market development. At the conference and discussion of the Forum, issues related to new standards and requirements of conducting insurance business in Ukraine and abroad, thematic round tables will be held, etc.
For more information, the program of the Forum and the terms of participation, please, visit www.cbs.org.ua
Contacts:
Ukraine, Kyiv, Business Strategy Center “Perspektiva”
Tel/fax: +38 044 406 65 55 – multi channel
hot-line: +38 067 540 01 02
e-mail: forum@cbs.org.ua
www.cbs.org.ua
The Big Three mobile operators (Kyivstar, Vodafone Ukraine and lifecell) have declared the Ukrainian subsidiary of the Chinese company Huawei the winner of the tender to find a contractor for the construction of a 4G network in Kyiv Metropoliten. “The contractor has been defined, it is Huawei. And we are awaiting the start of construction. The works are funded by the three mobile operators,” Kyivstar’s press service told Interfax-Ukraine.
At the same time, the press services of the operators refused to name the cost of work.
In October 2018, the Big Three operators began an independent tender for the supply of equipment and technical work on the transition to the 4G standard in the Kyiv subway.
4G, BUILD, HUAWEI, KYIV, METROPOLITEN
