The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company

The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company

03.03.2016 News

The AMCU allowed ABH Ukraine, Cyprus company to buy the The ABH Ukraine, Cyprus company said it would buy a 50% stake in the “Alfa Insurance” insurance company.

Recently, the Antimonopoly Committee has permitted  ABH Ukraine (Cyprus) to buy a 50% stake in the “Alfa Insurance” insurance company,  according to the Antimonopoly Committee report.

“It was given a resolution to the ABH Ukraine Limited company (Nicosia, Cyprus) to acquire shares of the “Alfa Insurance” CJSC (Kiev), which provides the excess of 50% of the votes in the supreme governing body”, – the report says.

In December 2015 the National Commission for Regulation of Financial Services has allowed ABH Ukraine to buy a 94.92% stake  of the “Alfa Insurance”.

Currently, 99.99% of the shares of the company belongs to the Cypriot company Innocast Holdings.

ABH Ukraine owns 100% of shares of the Alfa-Bank Ukraine, which, together  with the  “Alfa Insurance” is the part of the “Alpha-Group” consortium.

“Alfa Insurance” is a private joint stock company established in 2000 and specializes in risk insurance. An innovative insurance company in Ukraine with a universal portfolio of services that includes comprehensive business interests and a wide range of insurance products for individuals is represented in all regions of Ukraine. The authorized capital of the Company amounts to 94,480,000 UAH.

“Alfa Insurance” and Alfa Bank are the members of a large industrial consortium “Alfa Group”. The parent structure of the consortium is Gibraltar CTF Holdings Ltd., which through a chain of offshore companies controls the assets of the “Alfa Group”.

Source: delo.ua

Other articles

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

  • 632595f853279441907151 730x410
    News

    The September, 29 will take place the international investment forum REBUILDING UKRAINE WITH THE PRIVATE SECTOR: International Investment Fair

    In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]

  • Україна планує запровадити нове мито на імпорт
    News

    Україна планує запровадити нове мито на імпорт

    Проект, що його розробляє уряд, визначає введення 10% збору на купівлю іноземної валюти імпортерами. Деталі ініціативи Кабміну повідомив нардеп Ярослав Железняк, який є заступником голови податкового комітету Верховної Ради. “Тут варто зазначити, що обрана концепція не передбачає додаткових імпортних мит (що є складним при адмініструванні), а визначає запровадження 10% збору на валютообмінні операції із купівлі всіх […]

  • Китай спустив на воду найбільший у світі контейнеровоз
    News

    Китай спустив на воду найбільший у світі контейнеровоз

    У Китаї суднобудівна компанія Hudong-Zhonghua Shipbuilding спустила на воду найбільший у світі контейнеровоз, який отримав назву Tessa. Про це повідомляє сайт компанії. Вказано, що судно будується на замовлення швейцарсько-італійської Mediterranean Shipping Company (MSC). Воно має ті ж габарити, що й нещодавно побудовані для компанії Evergreen контейнеровози Alot та Apex, але трохи більшої ємності. “Хоча основні розміри залишилися […]

  • Банк Англії підняв ставки рекордно за 27 років
    News

    Банк Англії підняв ставки рекордно за 27 років

    Банк Англії підвищив базову процентну ставку максимальними темпами з 1995 року, на 50 базисних пунктів – до 1,75% із 1,25%. Про це повідомляється на сайті регулятора. Сама ставка зараз перебуває на максимальному рівні з грудня 2008 року, коли вона становила 2%. Банк Англії прийняв таке рішення на тлі високої інфляції, яка зараз становить 13%. Регулятор прогнозує, […]

  • В Україні відновлять приватизацію в умовах війни
    News

    В Україні відновлять приватизацію в умовах війни

    Верховна Рада на засіданні у середу, 28 липня, 233 голосами ухвалила законопроект про спрощення приватизації, повідомляє нардеп Ярослав Железняк. Ухвалений законопроект №7451 дозволяє відновити приватизацію, яка була зупинена через воєнне вторгнення Росії. Законопроект пропонує зробити приватизацію швидшою. Так, приватизація з моменту оголошення аукціону до підписання договору триватиме не більше двох місяців, а вся інформація про об’єкти приватизації […]

  • Доходи українців впадуть на чверть у рік війни
    News

    Доходи українців впадуть на чверть у рік війни

    За підсумками 2022 року доходи українців впадуть на 25%. Про це йдеться в Інфляційному звіті Національного банку України. Загалом номінальні зарплати скоротяться на 12%, а в реальному вимірі (з урахуванням інфляції) – на 27%. “Надалі з відновленням економіки, пожвавленням попиту на робочу силу номінальні зарплати швидко зростатимуть і перевищать довоєнний рівень вже в 2023 році. Втім, з […]

  • На Україну чекає найбільше в історії падіння ВВП
    News

    На Україну чекає найбільше в історії падіння ВВП

    Падіння економіки України у 2022 році буде найбільшим за всю історію країни. Про це йдеться в інфляційному звіті Національного банку. “Військові дії зумовили глибокий спад економіки. Після шоку перших місяців війни вона поступово адаптується до нових умов, проте падіння ВВП у 2022 році буде найглибшим за всю історію України”, – йдеться у повідомленні. За базовим сценарієм, цього […]

Read also

The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

The value of bitcoin has approached $ 20 thousand

Last week, the value of cryptocurrency fell sharply, but now it is approaching a historic high again. According to Coin Desk, after a sharp drop last week, the value of bitcoin broke the record and reached $ 19,686. Thus, the cryptocurrency exceeded the value recorded on December 16, 2017 by $ 20,665. But the absolute […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Residents of China are ready to abandon the iPhone in favor of WeChat

The vast majority of Chinese people are ready to abandon produced by the American company Apple devices in favor of the application for instant messaging WeChat. A sociological survey of more than 1 million people in China noted, that almost all are willing to renounce the use in everyday life of products produced by Apple. […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Ukrainian tutor search service Preply enters the Brazilian market

Internet service Preply, that was designed for searching of local and online tutors, announced the release to the Brazilian market. For this purpose, the company made a localization to Portuguese, implemented the accepting of payments in reais, and hired a Brazilian student Lucia in Kiev office. Her responsibilities will include support for tutors in the […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Walmart’s net profit for February-October increased by 44%

The consolidated net profit of the world’s largest retail chain, American Walmart, for the nine months of 2020-2021 fiscal year (February-October 2020) increased by 44% and amounted to $ 15.714 billion, according to a press release. Walmart’s adjusted net income per share for the nine months was $ 5.48 against $ 3.74 in the same […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

The price of bitcoin exceeded the mark of $ 18 thousand

The value of bitcoin for the first time since December 2017 exceeded the mark of $ 18 thousand. The cryptocurrency rate reached $ 18,174. For the first time since December 2017, the bitcoin exchange rate exceeded 18,000. This is evidenced by data from the electronic cryptocurrency exchange Coindesk and the portal CoinMarketCap. So, on the […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Facebook blocked the Ukrainian community retailer LeBoutique for the use of another’s trademark

A few days ago the official Facebook-community of one of the Ukraine’s largest shopping clubs LeBoutique was unavailable. The community is quite popular; about 35 000 users signed for the page. As reported in AIN.UA shopping club, the community was blocked by administration of the social network for the use of someone else’s trademark. The […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Tim Cook received options from Apple for 1 million shares of the company

Apple has given to CEO Tim Cook two options which can be converted into approximately 1 million shares of the company under certain conditions. This follows from the documents submitted by the corporation in the Securities and Exchange Commission (SEC) of the USA. The first option is 333,987 shares with the restrictions, which the head […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Bill Gates has invested nearly $ 80 million in the developer of satellite dishes

The American satellite company Kymeta announced the attraction of $ 85.2 million in the last round of financing. The round was led by Microsoft founder Bill Gates, who invested $ 78.5 million in the startup. Kymeta develops and manufactures high-speed satellite systems and antennas. The main product of the company is a flat satellite antenna […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

First Radisson hotel opens in historic port city of Odesa

On the shores of the Black Sea, Radisson Hotel City Centre Odesa opens as Radisson Hotel Group’s 7th hotel in Ukraine in operation and under development. With an excellent location on the famous Derybasivska Street, Radisson Hotel City Centre Odesa unlocks the cosmopolitan city of Odesa, full of architectural styles, international cuisines and beautiful Black […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Bank Khreshchatyk repaid the debt to the NBU anticipatorily

Publicly-held company Bank Khreschatyk has managed to prepay debt to the National Bank of Ukraine in the amount of 190 457 000 UAH. According to the official information, the implementation of the requirements of the loan from the NBU refinancing was realized by raising funds derived from repayment of the package of domestic government loan […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Boeing reports quarterly losses of $ 2.4 billion and cuts production again

On Wednesday, Boeing announced the financial results of the 2nd quarter, which ended on June 30. Boeing Management noted that the company makes “tough, but necessary steps to adapt for a new realities of market.” Aviation giant is experiencing perhaps the most difficult times in its history, faced with a double crisis. On the one […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Uber reported a drop in the number of trips, but doubling food delivery orders Eats

Shares of Uber, which rose on 16.7% since the beginning of the year, fell 2.65% after the close of trading on Thursday, in response to the results of the second quarter. Uber management called the quarter “the hardest in history”, given the sharp drop in passenger traffic due to the COVID-19 pandemic. At the same […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

The second power unit was connected at Zaporizhzhya NPP

Zaporizhzhya NPP connected Unit №2 to the power system of Ukraine. This was reported by the press service of NNEGC Energoatom. “On November 22 at 9:07 pm, after the completion of the average planned and preventive repairs, Unit №2 of Zaporizhzhya NPP is connected to the power system. Power is being set. There are no […]

Next
800 600 spek
News

Microsoft, Vodafone, Hewlett-Packard: AI Conference Kyiv to Gather Top AI Experts

On June 4, Smile-Expo will hold annual AI Conference Kyiv in the capital of Ukraine. This year, the conference is focused on business automation using artificial intelligence. Speakers include leading experts from Microsoft, Vodafone, Hewlett Packard Enterprise, METRO Cash & Carry, and other well-known companies. Keynote Speakers of AI Conference Kyiv The conference primarily aims […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Ukraine has attracted almost 2 billion from the sale of IGLBs

The Ministry of Finance held an auction for the sale of domestic government bonds (IGLBs), which raised UAH 1.89 billion to the state budget. This was reported by the press service of the Ministry of Finance on Tuesday, August 3. In total, investors were offered five issues of securities in hryvnia. The weighted average yield […]

Next
The AMCU allowed ABH Ukraine, Cyprus company to buy the “Alfa Insurance” insurance company
News

Ukrainian Channel 1 + 1 was allowed to broadcast

In the National Council of Ukraine on January 5, 2017 it was a briefing, the participants of which were the chairmen of the regulatory body and in result of which special commissioners of tv chanel got the right to broadcast, according to the source Media Detector. According to Uliana Feshchuk – a deputy head National […]

Next