Business news from Ukraine

BAT LAUNCHES SALES OF TOBACCO HEATING SYSTEMS IN UKRAINE

British American Tobacco (BAT) has started selling tobacco heating systems under the glo trademark in Ukraine. “Ukraine is the tenth market in the world where we are launching the electronic device glo, a product with a potentially reduced risk in which tobacco is heated rather than burnt. This product has been developed in the U.K. for more than four years. In the past six years, British American Tobacco has invested more than $2.5 billion in research and development of alternatives to smoking with a potentially reduced risk,” CEO of British American Tobacco Ukraine Simon Welford said at a presentation of the product on Thursday.
According to him, over the past four years the company has invested about $50 million in development in Ukraine.
“Marking this year the 25th anniversary of our business in Ukraine, we see great opportunities in this country. We are the largest British investor in Ukraine. To date we have invested $520 million,” Wellford said.
He said that today the capacity of the Ukrainian tobacco factory BAT-Pryluky (Chernihiv region) is 22 billion pieces per year.

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RETAIL TRADE TURNOVER IN UKRAINE 5.4% UP, LARGEST INCREASE IN LUHANSK, DONETSK, POLTAVA, ZAKARPATTIA, KYIV REGIONS

Retail trade turnover in Ukraine in January-August 2018 increased by 5.4% in comparable prices in comparison with January-August 2017, the State Statistics Service has said. According to its data, in August 2018 in comparison with July 2018 retail trade turnover rose by 5.7%, compared with August 2017 by 7.5%.
The largest increase in retail trade turnover for the eight months of 2018 compared to the same period in 2017 was observed in Luhansk (27.9%), Donetsk (13.3%), Poltava (10.8%), Zakarpattia (10.2%), and Kyiv regions (10%). As reported, retail trade turnover in Ukraine in 2017 increased by 8.8%, amounting to UAH 816.554 billion.

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UKRAINE THRESHES 37 MLN TONNES OF GRAIN BY SEPT 18

Ukraine as of September 18 threshed 36.8 million tonnes of grain and leguminous crops from an area of 10.4 million hectares (70% of the forecast) with the yield of 3.52 tonnes per ha, Ukraine’s Ministry of Agrarian Policy and Food has said on its website. The harvest of early grains and leguminous crops amounted to 34.3 million tonnes from an area of 9.9 million hectares with a yield of 3.48 tonnes per hectare.
Some 2.2 million tonnes of maize was threshed from 402,000 hectares (9%) with the yield of 5.49 tonnes per hectare, some 84,000 tonnes of buckwheat was harvested from 66,000 hectares (61%) with a yield of 1.28 tonnes per hectare, and the total harvest of millet was 56,000 tonnes gathered from 36,000 hectares (68%) with a yield of 1.57 tonnes per hectare.
In addition, 4.7 million tonnes of sunflower seeds were harvested from 2.2 million hectares with a yield of 2.13 tonnes per hectare and 837,000 tonnes of soybean from 346,000 hectares with a yield of 2.42 tonnes per hectare.
Some 2.7 million tonnes of rapeseeds were threshed from 1 million hectares with a yield of 2.61 tonnes per hectare.
A total of 947,000 tonnes of sugar beets were dug from 20,000 ha (7%) with a yield of 46.7 tonners per ha.
Along with the harvesting the autumn sowing campaign is under way. So, the farmers sowed 1.1 million hectares with winter grain crops (16%), with a projected area of 7.2 million hectares. In addition, winter rapeseed was sown on 882,000 hectares (99%) with a projected area of 888,000 hectares.

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NEWLY CREATED BRIORSON MOTORS TO PRODUCE 500 AMBULANCE CARS BASED ON HYUNDAI MINIBUS

Briorson Motors has started production of ambulance vehicles in Ukraine on the basis of a Hyundai H350 minibus, according to a press release of the company. “By the end of this year it plans to produce 80 ambulances,” the company said.
“The main goal of our company is to create a quality product for providing medical assistance in any climatic zones and in off-road conditions. Our vehicles cope with their tasks both in urban conditions and on bad roads in remote rural areas,” Briorson Motors representative Vladyslav Kotliarenko said. According to him, the production plan for 2019 is 500 special vehicles.
The company told Interfax-Ukraine the production facilities of Briorson Motors are located in Cherkasy. According to the state register, Briorson Motors LLC with a charter capital of UAH 100 is registered in Kyiv in November 2017. Its core business is production of vehicles. The owner of the company is Kolares LLC (Kyiv), the ultimate beneficiary is Vadym Kotliarenko. Andriy Honcharenko has been its head since August 2018.

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