Business news from Ukraine

Business news from Ukraine

“Ukrnafta” plans to start construction of 30 new wells

PJSC Ukrnafta plans to start construction of 30 new wells in the west and east of the country in 2024, the company said in a press release citing the company’s director Serhiy Koretsky on Monday.

“In 2024, we plan to start construction of 30 new wells in the East and West of the country, some of which may become transitional wells due to the full utilization of our own rigs and the small capacity of the drilling market in Ukraine,” the CEO said.

According to him, Ukrnafta does not rule out the possibility of accelerating the processes through cooperation with international and Ukrainian partners.

“I am grateful to drillers, geologists, engineers and partners for the fact that Ukraine can increase production of the resource,” Koretsky added.

As reported by the company, Ukrnafta commissioned eight new wells in western and eastern Ukraine in 2023 with a total production rate of 238 tons of oil per day. Five wells were drilled with the company’s own drilling rigs, and three were drilled with the help of contractors who won tenders in the state procurement system Prozorro.

“Nine new wells were planned, and we held a tender for the last one at the end of 2023, but it takes time to bring the equipment to the site. Drilling will begin in the coming days,” the company said.

As reported, in 2023, Ukrnafta increased oil and condensate production by 3% (by 39.9 thousand tons) compared to 2022 – up to 1 million 409.9 thousand tons, gas production by 5.8% (by 60.4 million cubic meters), up to 1 billion 97.4 million cubic meters.

“Ukrnafta’s strategic goal is to double its oil and natural gas production to 3 million tons and 2 billion cubic meters by 2027, respectively.

“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of 537 filling stations, of which 456 are in operation.

Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. On November 5, 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense, to the state.

ADONIS provides discount on consultations for pensioners

Timely consultation with a doctor is an integral part of successful treatment. It is especially important to monitor the health of people of mature age, especially those who already have chronic diseases. Regular consultations help to detect serious diseases at an early stage and effectively control chronic conditions.

Our main goal is to take care of your health. The ADONIS team strives to make medical care as accessible and profitable as possible. That is why we are pleased to offer a special discount on medical consultations for pensioners.

Terms of the promotion:

– The special offer is valid from 01.09.23 to 31.03.24;
This promotion includes consultations:
– specialist doctors at the price of 595 UAH (instead of 755 UAH);
– leading specialist doctors at the price of UAH 695 (instead of UAH 875);
– All specialists participate in the promotion, according to the schedule and the selected branch;
– The special offer is available to legally capable citizens and foreigners who have reached retirement age and have a pension certificate;
– The discount does not apply to persons served under the terms of concluded insurance contracts and persons of non-pensionable age;
– Important! To receive the discount, you must present a pension certificate.

Where is the promotion available?

You can consult a doctor at ADONIS centers at the following addresses:

– Kyiv, 26-K Dniprovska embankment st;
– Kyiv, 39 Spaska St;
– Sofiyivska Borshchahivka, 90 Akademika Shalimova St;
– Bucha, 52 Nove Shosse St;
– Obukhiv, 115-A Kyivska St.

How to take advantage of the offer?

Don’t miss this chance to get high-quality consultations from our experienced specialists at a favorable price!
Make an appointment for a consultation at the reception of the department or by calling

0 800 707 707

During the appointment, please inform us that you want to take advantage of the special offer.

Taking care of your health, the team of ADONIS clinics!

ADONIS is a network of private medical centers for adults and children. The private clinic ADONIS was founded more than 20 years ago.

Its network includes 12 branches in Kyiv and the region, including two own maternity hospitals and a stem cell laboratory.

In the clinic’s branches, doctors treat patients in 66 medical areas.

During the war, the branches with surgical units continue to help patients by providing quality medical care to military and civilians.

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National Bank of Ukraine has included two companies in State Register of Insurance and Reinsurance Brokers

The National Bank of Ukraine has included Aston Ukraine LLC and Insurance Bureau Kompanion LLC in the State Register of Insurance and Reinsurance Brokers, according to the regulator’s website.

According to the resource Opendatabot, LLC “Aston Ukraine” (Kiev) was registered in May 2016. The authorized capital of the company – 597,8 thousand UAH. Its income for 2022 amounted to UAH 1.721 million, net profit – UAH 4.3 million, assets – UAH 700.6 thousand, liabilities – UAH 26 thousand. The staff consists of 10 employees.

Insurance Bureau “Kompanion” LLC was registered in August 2014. Authorized capital – UAH 53 thousand.

As reported, as of January 1, 2024, 23 insurance and reinsurance brokers were registered in Ukraine.

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KMZ Industries built 160 thousand cubic meters of elevators in 2023

In 2023, KMZ Industries (Karlivka Machine-Building Plant, KMZ, Poltava region) fulfilled 46 contracts for the installation, supervision, consulting, and repair of equipment and built 160 thousand cubic meters of elevator capacity, the company’s press service reported on Facebook.

According to the report, this figure is almost in line with the results of pre-war 2021.

“In total, over the year, the company’s installation department managed to install so much equipment that it increased the elevator capacity of our indomitable country by 160 thousand cubic meters of storage,” the press service quoted Vyacheslav Stepanchuk, Director of Installation and Construction at KMZ Industries, as saying.

In addition, in 2023, KMZ Industries installed silos and grain dryers weighing more than 2,300 tons, transport equipment of 1.25 km, and gravity routes of about 1 km.

KMZ Industries manufactures flat-bottomed and conical-bottomed silos, flour storage silos, Brice-Baker (British-designed) and DSP (Ukrainian-designed) shaft grain dryers, transportation equipment (elevators, chain, belt and screw conveyors), grain cleaning separators, and installs and automates elevator equipment and technological processes at grain storage facilities.

Dragon Capital Investments Limited (Cyprus), whose ultimate beneficiary is Tomas Fiala, owns 80% of KMZ shares, while Variant Agro Bud LLC owns 20%.

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Ukraine received UAH 10.1 bln in excise taxes from alcoholic beverages

In 2023, excise tax revenues from alcoholic beverages produced in Ukraine and imported into the country’s customs territory amounted to UAH 10.1 billion, which is 20.7% higher than in 2022 and almost 2 times higher than the revenue figure of UAH 5.2 billion planned by the Ministry of Finance.

According to Danylo Hetmantsev, Chairman of the Parliamentary Committee on Finance, Taxation and Customs Policy, in a Telegram message on Monday, the Ministry of Finance’s revenue targets were met in all months from January to December 2023 without exception.

Hetmantsev noted that excise tax revenues from alcoholic beverages in 2023 were almost 12% (UAH 1 billion) higher than in pre-war 2021, when they amounted to UAH 9.0 billion. At the same time, the excise tax rate increased by only 5% – from UAH 126.96 to UAH 133.31 per 1 liter of 100% alcohol from March 1, 2022.

According to him, sales volumes of vodka and alcoholic beverages in the domestic market, according to 2-RS reports, amounted to 20.6 million dal in January-November 2023, which is 26% or 4.3 million dal more than in the corresponding period of 2022.

At the same time, revenue from the sale of alcoholic beverages through cash registers almost doubled by the end of 2023 – UAH 13.9 billion in December against UAH 7.5 billion in January.

As reported, last week, the head of the Verkhovna Rada’s Financial Committee said that the Ukrainian authorities failed to solve the problem of the illegal tobacco market, despite exceeding the plan for state budget revenues in 2023 by UAH 9.7 billion. He initiated open committee hearings on the illegal tobacco market, to which he invited business, the public and government agencies. The date of the hearings has not yet been determined.

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PrivatBank puts up for sale consumer loan portfolio worth UAH 501.4 mln

State-owned PrivatBank (Kyiv) offers professional market participants through the OpenMarket platform (SE SETAM) to purchase at a Dutch auction (with a price reduction) the rights to claim a loan portfolio of more than 80 thousand consumer loans at a starting price of UAH 501.4 million.

“This portfolio includes more than 80 thousand unsecured consumer loans granted to individuals, which were recognized as uncollectible and written off against provisions. The portfolio for sale excludes loans for which the debtors are mobilized servicemen – according to information available to PrivatBank,” the press service of the state bank informs.

It is noted that the rights of claim on such a portfolio include only the loan principal and accrued interest.

The sale will be carried out by gradually reducing the starting price of the lot, while the minimum selling price, according to the published terms, is 2.1% of the initial price – UAH 10.53 million.

According to the state bank, only financial institutions that have a valid license to lend money or provide factoring services and meet the bank’s requirements will be allowed to participate in the auction. Applications for participation can be submitted until February 2, and the auction itself will take place on the 23rd of the same month.

According to the National Bank of Ukraine, as of November 1, 2023, PrivatBank ranked 1st in terms of assets (UAH 804.14 billion) among 63 banks operating in the country, and 2nd in terms of the number of branches (1131).

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