A program has been developed in Kyiv for reserve energy supply and protection of the most important second-level facilities (requiring reinforced concrete protection). A total of UAH 3.7 billion has been allocated for such shelters, of which UAH 2.7 billion has already been allocated to the Agency for Restoration under the Ministry of Infrastructure, which is responsible for the work, Kyiv Mayor Vitali Klitschko said on Monday.
“After completing the construction of first-level protection, which was approved by a commission with the participation of the State Special Communications Service, we developed a program for backup power supply and protection of the most important second-level facilities. (These are the facilities over which reinforced concrete shelters are being built. I would like to note that the Agency for Restoration under the Ministry of Infrastructure was responsible for the construction of concrete shelters). The capital has allocated a total of UAH 3.7 billion for such shelters and has already spent UAH 2.7 billion of this amount. In other words, the financial resources are secured, but the city had to implement the program on its own. And Kyiv is doing it,” he wrote on Telegram before the meeting of the Kyiv Defense Council.
The mayor emphasized that all measures were carried out in accordance with the requirements of the General Staff of the Armed Forces of Ukraine.
Klitschko stressed the inadmissibility of bringing issues of the security of Ukraine’s energy system into the public domain.
“It was the City Defense Council that approved and adopted decisions on protective measures. After all, its representatives have the relevant competence, experience, and professional approach (the Council, I remind you, includes representatives of the Armed Forces, the State Emergency Service, the Security Service, the Ministry of Internal Affairs, the Prosecutor’s Office, and other structures),” the mayor of Kyiv noted. “In my opinion, in wartime, this approach is justified and effective: the military and security forces must set clear guidelines for security. Any other format, where the issue of the security of Ukraine’s energy system is brought into the public domain and the opinions of amateurs are disseminated as expert opinions, causes significant damage to the issue of defense. In particular, to the image of the air defense forces,” Klitschko said.
Agro-industrial group of companies “Ovostar Union”, one of the leading producers of eggs and egg products in Ukraine, decided to direct all net profit for 2022 in the amount of $6.087 million to the reserve of retained earnings and not to pay dividends.
According to the company’s announcement on the Warsaw Stock Exchange before the opening of trading on Monday, the relevant decision was made by the shareholders’ meeting on July 14.
At the same time, it approved the payment of an interim dividend for 2022 for EUR3.9m, which had already been made in January this year.
Other decisions of the meeting include fixing the ceiling of total remuneration to the board of directors this year at EUR0.5m and authorizing the board of directors to select an independent auditor in a tender.
Ovostar Union Group is a vertically integrated public holding company, one of the leading producers of chicken eggs and egg products in Europe. The producer has been a certified exporter to the EU since 2015.
The group’s holding company, Ovostar Union N.V., IPOed 25% of its shares on the Warsaw Stock Exchange in mid-June 2011 at PLN62 per share and raised $33.05 million.
On Monday, the company’s shares are listed at PLN58.5, down 1.68% since the beginning of the day. A total of 6 million shares were issued.
“Ovostar earned $8.98 million in net profit in the first quarter of 2023, while it ended the same period last year with a net loss of $16.44 million. Its revenue for the period increased by 70.7% to $47.30 million.”
Ovostar ended 2022 with a $6.09 million net profit, a 3.7 times increase from 2021. Its revenue for the past year increased 1.7% to $135.63 million.
According to the report, by the end of March 2023, Ovostar’s majority shareholder was Prime One Capital Limited – 67.93% controlled by Ovostar CEO Boris Belikov and Chairman Vitaliy Veresenko; Generali Otwarty Fundusz Emerytalny – 10.93%, Fairfax Financial Holdings Limited – 9.09% and Aviva Otwarty Fundusz Emerytalny – 5.02%.
