The State Property Fund of Ukraine (SPFU) has sold a complex of buildings of the Uman Correctional Colony for UAH 29 million at a privatization auction, which is 194 times higher than the starting price.
According to SPF Chairman Vitaliy Koval on Facebook, 42 companies and entrepreneurs participated in the auction. The starting price of the lot was UAH 149.4 thousand.
According to the results of the auction on the Prozorro.Sale website, the winner of the auction was Borys Pakholyuk. According to Clarity Project, he owns a number of agricultural enterprises and farms in Cherkasy and Odesa regions.
The lot includes a complex of non-residential buildings and structures with a total area of 3.1 thousand square meters and a land plot of 0.59 hectares. The property had not been used for more than 20 years.
Koval reminded that the Ministry of Justice transfers unused penitentiary institutions to the SPF for further privatization.
NPC Ukrenergo has announced a competition for the vacant position of a member of the Management Board, documents for which can be submitted by 18:00 on April 8, 2024.
According to the announcement on the company’s website, the main requirements are: higher education; at least five years of strategic and managerial leadership experience in international development, business development, operations and/or program management in large companies.
The candidate must also have a deep understanding of the national and European electricity markets, trends and prospects of the industry, and the specifics of the ENTSO-E transmission system operators.
In addition, a potential Board member should have competence in at least one of the following areas: business strategy and development, regulatory issues, legal support, finance and audit.
In case of equally developed skills, preference will be given to a candidate with experience at the executive level in the transmission system operators of ENTSO-E members.
As reported, the Board of Ukrenergo consists of Volodymyr Kudrytskyi (Chairman), Oleksii Brekht (Operation and Development of Grids), Serhii Halahan (IT) and Oleh Skrypnyk (Finance).
At the end of January 2024, Maryna Bezrukova, a former member of the NPC’s Management Board, became the head of the Defense Procurement Agency of the Ministry of Defense of Ukraine.
At the initiative of the Ministry of Culture and Information Policy, the Skeiron team, which specializes in laser scanning of cultural heritage, has created a 3D model of the caves located on the territory of the Kyiv-Pechersk Lavra National Reserve.
According to the Ministry’s press service, the virtual model is freely available and will help restore the site in case of destruction and promote the history of Kyiv.
“The caves, from which monastic life began in the mid-11th century and the Kyiv Cave Monastery was founded, are located at a depth of 5 to 15 meters, and their total length is almost 900 meters. The creation of a virtual model of the caves is important for Ukraine, as it is a monument of architecture, archeology, history and culture, where the founder of the monastery, Anthony, is buried, and where the relics of 125 saints are kept, including Nestor the Chronicler, iconographer Alipius, doctor Agapit, Ilya Muromets, and others,” the statement reads.
The virtual model is available on the Sketchfab platform here: https://sketchfab.com/skeiron/collections/kyiv-pechersk-lavra-4dbc5ba8c94d4c509f28a0e22c432003.
Universalna Insurance Company (Kyiv) has paid out UAH 10.585 million for a burnt-out combine harvester, its website reports.
It is noted that the insured event occurred in Zhytomyr region, where a fire broke out at the bottom of the combine during field work as a result of a malfunction in the electrical system. Due to strong winds, the fire quickly spread to the right side of the machine. The cab, all electrical equipment, engine and auxiliary elements, variators of drive units, threshing systems, chassis, and frame elements were damaged.
Universalna Insurance Company has an international shareholder base, with the European Bank for Reconstruction and Development holding a 30% stake and Fairfax Financial Holdings Limited holding a 70% stake.
Fairfax Financial Holdings Limited (Canada) is a holding company that, through its subsidiaries, is primarily engaged in accident insurance, property insurance and investment management.
In January-March of this year, Zaporizhstal Iron and Steel Works increased its rolled steel output by 88.9% year-on-year to 615.3 thousand tons from 325.7 thousand tons.
According to the company, steel production during this period increased by 85.7% to 731 thousand tons, and pig iron production by 61.8% to 785.4 thousand tons.
In March, Zaporizhstal produced 273.1 thousand tons of iron, 260 thousand tons of steel, and 219.4 thousand tons of rolled products.
As reported earlier, in 2023, Zaporizhstal increased its rolled steel output by 57.2% compared to 2022, to 2 million 54.7 thousand tons, steel by 65.4%, to 2 million 466.9 thousand tons, and pig iron by 35.3%, to 2 million 718.9 thousand tons.
“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
The shareholders of PJSC “Ukrainian Agrarian Insurance Company” (UASC, Kyiv) have increased the authorized capital by 16.3% to UAH 32 million through an additional issue of shares worth UAH 4.473 million.
This was reported by the company in the information disclosure system of the National Securities and Stock Market Commission of Ukraine (NSSMC).
The issue was held from December 20, 2023 to January 12, 2024. During the issue, 11,374 thousand shares were placed.
As reported, the funds raised from the placement of shares will be invested in eligible assets in accordance with the requirements of the regulation on mandatory criteria and standards of capital adequacy and solvency, liquidity, profitability, asset quality and riskiness of the insurer’s operations, namely: bank deposits – 90%, government bonds of Ukraine and/or other securities – 10%.
IC “Ukrainian Agrarian Insurance Company” (formerly IC “Salamandra-Dnipro”) has been operating in the country’s market since 1995.
According to its data, 84.75% of the authorized capital is owned by Dobrobut Agrofirm, 5.5% by Astarta-Kyiv Firm LLC, and 9.75% by Poltavazernoproduct IPC LLC.
