Turkey’s Emsolt Investments Holdings Ltd. has started building a solar power plant with a power capacity of 11 MW in Khmelnytsky region and plans to expand the project. The information was presented at a meeting of Chairman of the State Agency for Energy Efficiency and Energy Saving Serhiy Savchuk with representatives of the company last week, the press service of the agency has reported. The sides discussed the prospects of investing in solar power plants and biogas units at the meeting.
Emsolt in 2017 proposed projects to build solar power plants in Ukraine with a total capacity of 100 MW. At present, the company is building plants in Zhytomyr and Khmelnytsky regions with a total capacity of near 20 MW.
Canada’s Fairfax Financial Holdings Limited Group LTD (FFHL Group LTD) acquired 99.98% of the equity capital of the insurance company (IC) AXA Insurance (Kyiv) for $16.24 million. Some 26,193,416 shares with a nominal value of UAH 10 each were purchased at a price of $0.62 (UAH 16.55) per share at the official forex rate of the National Bank of Ukraine, the insurer said in an official statement.
Before FFHL Group LTD took possession of the dominant controlling stake, the company and its affiliates were not owners, they did not directly or indirectly own the shares of IC AXA Insurance.
As reported, AXA Group (France) successfully completed a deal with Fairfax Financial Holdings Limited to sell its subsidiaries in Ukraine, Private Joint Stock Company (PrJSC) Insurance Company AXA Insurance and Additional Liability Company (ALC) Insurance Company AXA Life Insurance (both are based in Kyiv).
IC AXA Insurance has been in the Ukrainian insurance market since 2007. The company has more than 780 employees and 1,220 agents throughout Ukraine. At the end of last year, the company collected UAH 1.9 billion in insurance premiums, which was 13% up on 2017.
AXA Life Insurance was registered in July 2013. Its premiums at the end of last year amounted to UAH 93 million, which was 57% up on 2017.
Fairfax Financial Holdings Limited, headquartered in Toronto (Canada), has been engaged in insurance, reinsurance and investment management since 1985.
If Ukraine’s presidential election were held next Sunday, showman Volodymyr Zelensky would receive 18.2% of votes from those who have picked their candidate, incumbent President Petro Poroshenko would have 15.6% and Batkivschyna Party leader Yulia Tymoshenko 15.2%. These are results of a survey conducted by the Ukrayinska Politika Foundation (UP Foundation) jointly with the research group Institute of Marketing and Consulting, which was presented at the Kyiv-based Interfax-Ukraine news agency.
According to the survey, Radical Party leader Oleh Liashko would receive 12.1% of votes, while Opposition Bloc – Party for Peace and Development leader Oleksandr Vilkul would have 7.4%, Opposition Bloc – For Life leader Yuriy Boiko 7.2%, and Civil Position Party leader Anatoliy Hrytsenko 6.1%.
Leader of the Nashi (Ours) Party Yevhen Murayev and UKROP Party leader Oleksandr Shevchenko would receive 3.2%, followed by Lviv Mayor Andriy Sadovy with 3.1%, while 8.8% of respondents said they would vote for another candidate and 28.1% had difficulty answering the question.
The poll showed 56.5% of respondents plan on taking part in the elections on March 31, 2019, some 19.7% will probably take part, 10.6% will probably not take part, and 13.2% will definitely not take part.
The survey was conducted by the UP Foundation jointly with the research group Institute of Marketing and Consulting from January 28 through February 10, 2019 by personal interview using computer tablets. Some 4,851 persons took part in Kyiv and all regional centers of Ukraine, except those not under Ukraine’s control in Donetsk and Luhansk regions, in five large cities (Mariupol, Kamianske, Kremenchuk, Kryvy Rih, and Brovary), 23 small cities, 27 towns and 62 villages. The margin of error of the poll results is 1.5%.
The simplified travel regime for citizens of Ukraine and Uruguay entered into force on Friday, the Ukrainian Embassy to Argentina has reported. “From now on, the period of stay without a visa allowed on the territory of Uruguay will be 90 days, it can be renewed for a second term of 90 days,” the Embassy said on Facebook.
One should have a valid passport document of a citizen of Ukraine for traveling abroad, seafarer’s identity card or identity card for return to Ukraine (in case of loss of passport abroad and return to Ukraine) for a visa-free trip to Uruguay, it says.