One troy ounce=31.10 grams
The book of records of Ukraine has declared Corvalol medicine made by PJSC Farmak (Kyiv) the most famous sedative on the country’s market. Head of the supervisory board of the company Filia Zhebrovska said at the award ceremony said that Corvalol, developed in 1959 by scientists of Lomonosov Kyiv Chemical and Pharmaceutical Plant, and Farmak has been a legal successor of it since 1991, is being produced at Farmak in line with all European standards.
She said that Farmak produces Corvalol in a closed cycle from the synthesis of a substance to the production of finished dosage forms and guarantees its quality at every stage of production.
In turn, Executive Director Volodymyr Kostiuk said that with the development of pharmaceutical manufacturing technology, Farmak will also improve the production technology of Corvalol and expand the line of ready-made forms of the drug. In particular, at present the drug is marketed in the form of drops, tablets and soft capsules.
“By our example, we will show that modern pharmaceutical production exists in Ukraine. Even the old Soviet Corvalol today is not the same as it was 60 years ago. Now it is produced using modern equipment, manufactured according to all standards of Ukraine, Europe and the United States. Unfortunately, I cannot say this about our rivals, who do not care about quality but occupy the market. I hope the situation will improve in the near future,” he said.
Currently, Farmak has a number of drugs, the production of which in a closed cycle was started by the Lomonosov Kyiv Chemical and Pharmaceutical Plant, in particular, Diazolin, Corvalol, Naphthyzin and Validol.
In general, the company has more than 220 product dossiers, produces about 20 new drugs annually.
The decision to develop technology and create a cardiovascular medicine, similar to Valocordin, which was produced in Germany, at the Lomonosov Kyiv Chemical and Pharmaceutical Plant was made in 1959. The first batch of the drug was released as early as next year at the same enterprise. At that time, it was a know-how – a generic European sedative drug.
Farmak since 1991 is the only manufacturer of Corvalol on the post-Soviet territory. The Corvalol trademark is protected in 15 countries of Europe and Middle Asia, including Germany, Armenia, Georgia, Azerbaijan, Tajikistan, Kyrgyzstan and Kazakhstan.
The number of Green Card international insurance contracts signed by the member companies of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) in January 2019 increased by 12.79% compared to January 2018, to 61,104.
According to the website of the MTIBU, the amount of accrued insurance premiums for January 2019 rose by 14.55% compared to the same month last year, to UAH 147.164 million.
At the same time, the amount of claim fee payments decreased by 55.15%, to EUR417,036.
The number of paid claims was down by 48.37%, to 222.
Exports of agricultural products from Ukraine in January 2019 amounted to $1.7 billion, which is almost 22.5% more than in the same month in 2018, the press service of the Ministry of Agrarian Policy and Food has reported.
According to the report, grain crops traditionally remain the leaders of Ukrainian agricultural exports with a share of 44.6% in the total structure of agricultural exports, the share of vegetable oils is 19.8%, oilseeds some 9.7%.
“The EU countries rank first among our sales markets, to which we exported $668 million worth of products in January. Asian countries lost to our European neighbors with a little more than $641 million. African countries rank third. Ukrainian agricultural exports there stood at $292.2 million,” Acting Minister of Agrarian Policy and Food Olha Trofimtseva said.
According to her, the top five key countries importing Ukrainian agricultural products in January (by volume of exports in value terms) were Egypt with $153.6 million, the Netherlands with $149.9 million, India with $143.9 million, Spain with $135.8 million, and Turkey with $112.3 million.
Aurum Group, a diversified industrial and investment group, in the current year has already invested over UAH 16.1 million within the framework of the program for agricultural equipment modernization, a press release of the group reads.
“Developing the agricultural sector, we plan to use innovative agricultural technologies and this year we have invested more than UAH 16.1 million in modernization of agricultural equipment. Part of these funds is the group’s own resources, as well as bank financing,” founder of the group Olena Lebedeva said.
Today, Aurum Group’s agricultural enterprises cultivate more than 12,000 hectares of land.
“Since 2018, FUIB has been working with Aurum Group to finance building freight railcars based on Diesel Plant, and in 2019 they began cooperation with the agribusinesses of the group: the bank transferred agricultural equipment worth UAH 12.4 million to Aurum Trans under the terms of financial leasing,” head of the financing leasing department at FUIB Volodymyr Rudenko said.
Aurum Group was registered at the end of 2016. Its core business is engineering, rail freight transportation, industrial pump building, chemical industry, investment in real estate, and the agricultural sector. Today, the group exports its products to the CIS countries, the Middle East, the United States, and China.
