According to the results of last year, Ukrzaliznytsia received a net loss of UAH 11.9 billion against a profit of UAH 2.988 billion a year earlier. This is stated in the company’s financial report.
The company states that the financial result was significantly affected by a decrease in revenues from freight and passenger traffic – by 10.3% and 58.3%, respectively, as well as significant fluctuations in exchange rate differences, resulting in a net loss of UAH 5.5 billion against 4.3 billion UAH of net profit in 2019.
Compensation to senior management (the company’s board of six and the supervisory board of five) consisted mainly of salaries, accruals and bonuses and, according to UZ, amounted to UAH 53.018 million and UAH 71.417 million, respectively. In 2020, remuneration to members of the Supervisory Board amounted to UAH 20.7 million (against UAH 43.425 million in 2019).
Dividends payable to the state as of December 31, 2020 amounted to UAH 753.7 million (2019 – UAH 755 million)
SoftServe is expanding its presence and opening new office spaces in four cities — Vinnytsia, Khmelnytskyi, Uzhhorod, and Odesa. They are available for 250 people working in these regions as well as other employees. The coworking in Vinnytsia where SoftServe has around 50 employees is already fully operating. Odesa is the next — office space […]
COMBINE ROAD AND COMFORT Shell is launching a new coffee brand Shell Café all over Central and Eastern Europe (CEE) (to replace […]
Radisson Hotel Group is proud to be the world’s first hotel group to make all meetings and events across 400+ hotels in its EMEA portfolio carbon negative. For every event taking place at its participating hotels, Radisson Hotel Group will offset double the carbon footprint, to ensure that every meeting has a positive impact on […]
During trading on Monday, October 11, the price of a barrel of Brent oil rose by 2% to $ 84.01. She reached this mark for the first time since October 2018. US WTI oil rose by $ 1.62 to $ 81.3 – the highest price since 2014, according to Reuters. It is noted that Brent […]
The agreement on a single corporate tax rate of at least 15 percent was signed by 136 states, which account for more than 90 percent of world GDP. The agreement is aimed at combating tax evasion by international corporations. The initiative was also signed by countries that were initially opposed to tax reform, such as […]
The savings of Ukrainian citizens outside the banking system are estimated at $ 30-35 billion. This estimate was given by the chairman of the National Bank Kyrylo Shevchenko during the Kyiv Economic Forum. There are different estimates of the “gray” economy. We in the National Bank believe that this is up to 30% of GDP. […]
During the week, the National Bank of Ukraine bought $ 228 million on the interbank foreign exchange market. At the same time, the central bank did not sell currency on the interbank market. So the NBU continued to buy currency on the interbank market, the bank increased it compared to last week ($ 15 million) […]
The new Tesla factory in Berlin may release the first electric cars next month. CEO Elon Musk stated this. Speaking at the plant, Musk said he hoped to get the green light to begin production in the coming weeks. The last consultation on public concern about the plant ends on October 14, after which the […]
Health Minister Maxim Stepanov and British Ambassador to Ukraine Melinda Simmons discussed the possible production of a coronavirus vaccine at Ukrainian facilities. The Ministry of Health is in constant contact with AstraZeneca. This was announced by the head of the Ministry of Health on Facebook. Vaccine production may be launched in the near future. “We […]
Next
The State Administration of Market Control on Saturday, April 10, announced a fine of 18.22 billion yuan ($ 2.78 billion) from Alibaba for antitrust violations. This is stated in a statement published on the regulator’s website. “Impose a fine of 4% of the company’s domestic sales for 2019 of 455.712 billion yuan, which is a […]
Next
For the year 2016, much has changed in Ukraine’s legal system as well. By the representatives of the Ukrainian government was done an extensive work in the field of reform of the current legislation. December, 30 is the perfect time to take stock of this work. We decided to focus on the innovations that are […]
Next
The Ukrainian insurance company TAS Group, belonging to Sergey Tigipko,has absorbed the Netherlands private joint-stock company Aegon Life Ukraine which management made the decision to abandon the Ukrainian market. For shareholders of Aegon Life Ukraine 2015, it has ended with the net loss in the amount of 3,6 million hryvnias. Total receivables of insurers from […]
Next
The next week, on June 4, Smile-Expo will host large-scale AI Conference Kyiv. The event will focus on the use of artificial intelligence in business and will bring together leading industry experts. Who and why should attend the conference – further in the article. Four Reasons to Attend AI Conference Kyiv 1. Seven hours of […]
Next
For the first time in history, the Baltic States have completely given up electricity from Russia during the tests for the exit from the BRELL energy ring (Belarus, Russia, Estonia, Latvia, and Lithuania – ed.), Scheduled for 2025. It is noted that Latvia suspended commercial imports from Russia for two days (April 8 and 11) […]
Next
Recently, according to informed sources, the major Korean automakers Hyundai Motor and Kia Motors announced the purchase of the financial corporation Hyundai Capital from General Electric. The transaction price is generally $ 599,5 million. (Hyundai will pay $ 81,800,000 for 3% of shares, and the company Kia Motors will acquire a 20% stake for $ […]
Next
The total net losses of subordinate companies of the State Agency of Motor Roads of Ukraine in 2020 amounted to UAH 116.5 million. This is evidenced by the report on the implementation of the financial plan, which analyzed the Marlin project. It is noted that according to the results of 2019, Ukravtodor suffered losses amounting […]
Next
In March, the American aerospace corporation Boeing delivered to customers 29 aircraft comparing to 20 in March last year. The company has maintained positive dynamics for the second month in a row, Reuters reported the day before. In the first quarter, Boeing delivered 77 aircraft against 50 a year earlier. Also in late March, the […]
Next
In 2013, which experts call the reference, the volume of the pharmaceutical market of Ukraine was about 3.3 billion US dollars. The Pharmaceutical market at that time was one of the fastest growing and took the second place among the CIS countries. According to the consulting company BakerTilly, on average, the market growth rate was […]
Next
National Bank of Ukraine adopted a decision to revoke the banking license and liquidate the PJSC CB “Premium” for violation of banking legislation in the sphere of financial monitoring. This is stated in the resolution of the National Bank № 68 / BT, dated February 10, 2016, said the press service of the regulator. “The […]
Next
The victory of the candidate from the Republicans in the USA President elections stirred up not only the global political community but the US stock market too. According to Bloomberg analytical bureau, Hillary Clinton’s loss has hit the financial condition of 500 richest people in the world. In particular, analysts say that after the announcement of the race […]
Next
Eurobond holders of the agricultural holding Myronivsky Hliboproduct (MHP) for $ 750 million with a circulation period to 2020 agreed to soften some of the conditions of securities’ circulation. According to the Interfax-Ukraine, they agreed to change the definition of “consolidated net income” to exclude the impact of exchange rate differences during any period starting […]
Next
Completion of the construction of the Russian Nord Stream-2 gas pipeline is scheduled for September 12. Bloomberg reported this on August 23, citing the maritime authorities of Germany. Laying of pipes in the waters of Germany is carried out by the Russian ship-pipelayer Fortuna. According to a message for seafarers sent by the German Department […]
Next
Intel Corp. sells to South Korean the SK Hynix Inc. unit in the field of manufacture NAND memory chips and the storage devices for $ 9 billion. The agreement includes manufacturing operations for NAND chips SSD-drives, NAND components and semiconductor wafers, said in the press release from Intel. SK Hynix will also receive the plant […]
Next
In the following days, the Japanese telecommunications holding Softbank intends to sell the large British manufacturer of microprocessors Arm Holdings to one of the world`s leaders in the production of graphics processors, chipsets and software, the American company Nvidia. The deal will be approximately of $ 40 billion. According to the Financial Times, the deal […]
Next