Ukrainian Prime Minister Oleksiy Honcharuk has said that the draft national budget of Ukraine for 2020 provides UAH 15.1 billion for creative industry and culture development, which is UAH 2.8 billion more than in 2019.
“Next year we will stimulate mobility for children,” he said during the presentation of the 2020 draft national budget in Kyiv on Tuesday.
Honcharuk added that UAH 500 mln will be allocated for such programs.
In addition, UAH 240 million will be allocated for tourism infrastructure development.
State-owned enterprise Pivdenny maritime merchandise port in October 2019 handled 1.343 million tonnes of cargo, which is 34% and 19.8% more than in October 2018.
“The increase in cargo turnover is linked to an increase in the number of ships with ore, imported steam coal and grain processing products. So, 813,000 tonnes of cargo was exported, 349,000 tonnes were transit cargo, 182,000 tonnes – imported cargo. In October, the company processed 18,849 gondola cars, received and dispatched 18 vessels, “the port’s press service said.
According to the press service, in October, 57% of the Pivdenny port’s cargo transshipment was iron ore concentrate cargoes. In addition, 120,000 tonnes of imported coking coal and 46,000 tonnes of steam coal were handled.
The stevedore also handled over 41,500 tonnes of cereals and products made of them.
Pivdenny port was founded in 1978. It is the deepest one in Ukraine. The total length of the berths is about 2.6 km.
The Ukrainian economy will leap forward in 2021, while 2020 will be the year of preparations for this, according to Ukrainian Prime Minister Oleksiy Honcharuk.
“We expect this year to be the year of inventory and personnel renewal, and the next to prepare for the economic leap. We should launch the economy, should have new jobs and production,” Honcharuk said on Freedom of Speech program in the evening on Monday.
According to the head of government, in 2020, the number of civil servants will be reduced by at least 10%.
“But we anticipate the main savings thanks to IT tools, modern databases… We as a state now operate with terribly inaccurate data… Sometimes we, as a state, make decisions blindly. Next year we should have a database that shows for example, how many pupils, students we have,” he said.
He also added that a census planned for 2020 can also be done using online tools.
“Now we are looking for the opportunity of conducting a census as much as possible taking into account online tools, that is, to encourage people to fill out information about themselves online,” Honcharuk said.
Arunas Siksta, a citizen of Lithuania, has become the ultimate beneficiary owner of double liability company Guardian insurance company, the insurer has said in a press release. On September 24, 2019, the National Commission for Financial Service Markets Regulation of Ukraine in decree No. 1855 approved the acquisition of a substantial holding in Guardian insurer via indirect holding of 70% of shares of the charter capital of the financial institution.
Guardian has been working in the insurance market since 2007. It is a universal company that has 35 licenses issued by the National Commission for Financial Service Markets Regulation. The company has an extensive regional network and covers 21 regions of Ukraine.
Guardian is an associate member of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU), a member of the Ukrainian Association of Automobile Importers and Dealers (VAAID), a member of the League of Insurance Organizations of Ukraine (LIOU).
The Roshen confectionary corporation (Kyiv) plans to build a dairy farm on the territory of Letychiv-Agro LLC (Khmelnytsky region) in 2021.
“Now we have a dairy herd of a little more than 1,000 heads. The average milking is 32 tonnes of milk per day. With the construction of the second farm, we will have 1,500 heads of the dairy herd, and the total livestock will be 3,000 head,” Roshen Corporation President Viacheslav Moskalevsky told reporters in Kyiv on Tuesday.
According to him, in 2020, it is planned to develop a project for the future dairy farm, in 2021 to begin construction.
As reported, the Antimonopoly Committee of Ukraine allowed Moskalevsky to acquire Letychiv-Agro LLC through PJSC closed non-diversified venture corporate investment fund Konditerinvest (Kyiv).
This acquisition will enable the corporation to increase its cattle livestock capacity.
The land bank of Letychiv-Agro is 4,000 hectares.
Roshen Corporation, one of the largest confectionery manufacturers in Ukraine, includes Kyiv, Kremenchuk (Poltava region) confectionery factories, two production sites in Vinnytsia region, Dairy Plant Bershadmoloko (Vinnytsia region), two production sites in Lipetsk region (Russia), confectionary facilities in Klaipeda (Lithuania), and Bonbonetti Choco factory (Hungary).
The net profit of Citibank (Kyiv) in January-September 2019 totaled UAH 1.55 billion, which is 1.6 times more than a year ago (UAH 994.33 million), according to quarterly financial statements of the bank.
According to the statements posted on the website of the bank, net profit in Q3 2019 totaled UAH 565.15 million, which is 1.5 times more than a year ago.
Net interest income in January-September 2019 increased 38.2% compared to the same period in 2018, to UAH 1.44 billion.
Bank assets since the beginning of the year grew by 15.7%, to UAH 28.74 billion, including cash and trading assets increased 1.6 times, to UAH 11.81 billion and to UAH 2.24 billion, respectively, and investments in government bonds – 5.1 times, to UAH 3.46 billion. At the same time, loans to customers decreased 46.7%, to UAH 3.810 billion.
According to the results of January-September, the bank’s liabilities grew by 15.9%, to UAH 26.12 billion.
The bank’s net worth for this period increased 14%, to UAH 2.62 billion, while the charter capital remained at UAH 200 million.
Citibank was founded in 1998. It is a subsidiary of the American Citibank NA.
The largest shareholders of the financial institution as of January 1, 2019 were Citibank Overseas Investment Corporation (67%) and Citicorp Leasing International LLC (33%).
According to the National Bank of Ukraine, as of July 1, 2019, Citibank ranked 15th among 76 banks in terms of total assets.
