Canada’s FFHL Group has announced its intent to acquire 29.08% of shares in PrJSC Universalna Insurance Company (Kyiv).
According to the National Commission for Securities and the Stock Market, earlier FFHL Group and affiliated persons did not hold shares of Universalna.
Earlier, the Antimonopoly Committee of Ukraine permitted Fairfax Financial Holdings Limited to purchase (through a subsidiary of FFHL Group Ltd.) shares of PrJSC Universalna Insurance Company, which will grant over 25% of the votes in the governing body of the insurance company.
The Antimonopoly Committee of Ukraine also allowed Fairfax Financial Holdings Limited to acquire shares of Universalna insurer through the newly created FFH Ukraine Holdings LLC, which will grant over 50% of the votes in the governing body of the insurer.
Universalna was founded in 1991, It provides services in the field of risk insurance. It offers services for 42 types of insurance. The company’s regional network has more than 300 points of sale throughout Ukraine.
Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in Jan-July 2019
Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-July 2019
Sugar production in Ukraine as of October 1, 2019 amounted to 217,200 tonnes. According to the Ukrtsukor National Association of Sugar Producers, as of this date 25 sugar factories were operating in the country, which have processed 1.6 million tonnes of sugar beets.
The Ministry of Agricultural Policy and Food of Ukraine said that 12 million tonnes of sugar beets from 45,000 ha or 20% of the plan was harvested as of September 26 with the average yield of 44.5 tonnes per ha.
As reported, the sugar season in Ukraine started on September 1. According to the Ukrtsukor association, the number of sugar factories in operation in the 2019/2020 season will be reduced from 42 to 32, and sugar production is expected to reach 1.1-1.2 million tonnes.
Sugar production in the 2018/2019 season decreased by 15% compared with the previous MY, to 1.82 million tonnes.
Passenger traffic of the Lviv international airport named after Danylo Halytsky in January-September 2019 amounted to 1.671 million people, which is 38.7% more than in the same period in 2018, the airport’s press service has reported on its Facebook page.
The number of flights in January-September reached 14,445, which is 25% more than in January-September last year.
According to the results of September 2019, 226,300 passengers used the airport services, which is 34.3% more than in August 2018.
At the same time, the number of operated flights in September 2019 increased 29.6%, to 1,948.
As reported, the Lviv Airport in 2018 increased passenger traffic by 48% compared to 2017, to 1.598 million people.
The airport is located 6 km south of the city center.
The new terminal building, built for Euro 2012, was commissioned on April 12, 2012. The new terminal with a total area of 39,000 square meters has nine gates, 28 check-in counters, two self-service check-in kiosks, 18 passport control points and 12 airport security points.
The main routes handled by the airport are: Warsaw (Poland), Istanbul (Turkey), Munich (Germany), Vienna (Austria), Baku (Azerbaijan), Thessaloniki (Greece), Madrid (Spain), Rome (Italy), Tel Aviv (Israel), Bologna (Italy), Radom (Poland), Heraklion (Greece), Minsk (Belarus), and Burgas (Bulgaria).
