Business news from Ukraine

UKRAINE RISES POULTRY EXPORT BY 15% IN JAN-MARCH

Ukraine in January-March 2018 exported 74,730 tonnes of poultry, which is 15.1% more than in the same period in 2017, the State Fiscal Service has reported.
According to its data, in monetary terms the exports of these products increased 32.9%, to $111.95 million.
Imports of poultry and offal products increased by 25.6%, to 30,840 tonnes, in monetary terms by 35.5% and amounted to $13.1 million.
According to the authority, exports of pork in January-March 2018 compared to the corresponding period in 2017 decreased by 67.8%, to 600 tonnes. Exports of these products amounted to $1.37 million compared with $3.61 million in January-March 2017.
Pork imports to Ukraine during this period increased 2.7-fold, to 1,800 tonnes. Pork imports totaled $3.07 million compared to $1.12 million in January-March 2017.

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VODAFONE LAUNCHES NEW ROAMING TARIFFS FOR SUBSCRIBERS IN UKRAINE

Vodafone Ukraine has launched new roaming tariffs for prepaid subscribers and the charged unlimited traffic service for Viber, WhatsApp and Skype, the company reported on Wednesday. “New roaming tariffs for free communication… during overseas trips to more than 75 countries. The updated tariffs offer affordable mobile Internet and unlimited messaging, as well as lower cost of calls in roaming,” the company said.
The cost of 15 minutes of calls in roaming will start from UAH 35, including in the countries as Austria, the UK, Denmark, Egypt, Israel, Italy, Ireland, Spain, Canada, Norway, Netherlands, UAE, Poland, Portugal, the United States, Thailand, Turkey, Hungary, Croatia, France, Czech Republic, Sweden, Finland, Montenegro, Estonia, Switzerland and Japan. The indicated cost of calls includes all incoming and outgoing calls to Vodafone Ukraine subscribers’ numbers, numbers of subscribers of other Ukrainian operators, as well as outgoing calls to local numbers of the host country.
In addition, the operator offers a package that includes 100 MB of mobile Internet and unlimited messaging within 24 hours in Viber, WhatsApp and Skype (including text messages and images) for UAH 40. The cost of sending SMS or MMS in roaming to all networks is UAH 15 for 15 messages.
Basic tariffs are valid if subscribers are registered in any network. A detailed list of countries in which new tariffs are in effect can be found on the operator’s website.

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PRIME GROUP PLANS TO EXPAND FILLING STATION CHAIN

The Prime Group plans expand own filling station chain to 41 by the end of 2018, the founder of the group Dmytro Leushkin wrote on his Facebook page.
It is planned to open TIR Points in Chernihiv, Kremenchuk, Lutsk, Ternopil, Chernivtsi, Melitopol, Cherkasy, Berdiansk, Valky and Odesa.
Today, the Prime chain has around 30 stations.
Leushkin said that by the end of this year the company also seeks to expand its truck fleet. Currently five new trucks are being imported.
The Prime Group provides logistic services. Since 2015, it has been developing own filling station chain and involved in fuel wholesale.

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EUROCHEM GROUP AG INVESTS UAH 11.6 MLN IN HIGH-TECH FERTILIZERS PRODUCTION IN UKRAINE

EuroChem Group AG has invested more than UAH 11.6 million in the launch of production of Entec Solub high-tech fertilizers in Ukraine, the company’s press service has reported. “On April 3, 2018 EuroChem Group AG produced the first batch of Entec Solub, water-soluble fertilizers with a nitrification inhibitor, in Kremenets (Ternopil region). For its production the company completely converted and resumed its production base, purchased and installed a production line for more than $438,000,” the report says.
In general, according to the company, in 2016-2017 EuroChem invested more than $4.128 million in the development of production sites, four large warehouses of mineral fertilizers and agro-centers in Kazatyn, Buryn, Balakleya and Kremenets.
Over the same period, more than UAH 2.263 billion of taxes and fees were paid to the budgets of all levels.
EuroChem Group AG is the leading fertilizer producer in the world. It mainly produces nitrogen and phosphate fertilizers, as well as organic synthesis goods and iron ore concentrate. The head office of the group is located in Zug, Switzerland, while manufacturing facilities in Belgium, China, Kazakhstan, Lithuania and Russia, and the distribution network in Europe, the CIS, Asia, and South America.

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AUSTRIAN COMPANY BUYS PROPERTY OF ROLLING MILL AT UKRAINIAN-LATVIAN KVV LIEPAJAS METALURGS

Austria’s Smart Stahl GmbH has won the auction on the sale of the property of a rolling mill at insolvent Ukrainian-Latvian enterprise KVV Liepajas metalurgs, the enterprise’s administrator, Guntars Koris, has said. The proposed price was EUR 1.57 million, excluding VAT, or EUR 1.9 million, including VAT. Smart Stahl GmbH made the payment on March 21.
In addition to the Austrian company, Latvia’s Tolmets Ltd. and FeLM Ltd. also participated in the auction. The initial price of the property was EUR 1.33 million.
According to Austrian site firmenabc.at, Smart Stahl GmbH was founded in April 2017 with fixed capital of 35,000 euros. Its sole owner is Segoa Ventures Limited, a company registered in Cyprus. Smart Stahl Gmbh is a holding company that produces and sells steel and deals with management and IT services.

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UKRAINIAN CHEESE EXPORT RISES BY 24%, IMPORTS BY 39% IN Q1

Ukraine in January-March 2018 exported 1,920 tonnes of cheese, which is 23.9% more than in the same period in 2017. According to customs statistics released by the State Fiscal Service, in monetary terms exports increased by 1.4 times, to $7.23 million.
Imports of cheese in January-March 2018 amounted to 2,830 tonnes of cheese, which is 39.4% more than in the same period in 2017. In monetary terms, this figure grew by 1.6 times, to $14.44 million.
Export of butter from Ukraine in January-March increased by 2.6 times, to 9,070 tonnes. In monetary terms, it amounted to $38.7 million compared to $12.77 million for the same period in 2017. Imports of this commodity, according to the service, grew by 2.75 times, to 297 tonnes ($1.82 million).
Export of milk and cream (condensed) in January-March 2018 decreased by 1.3 times, to 7,720 tonnes. Ukraine supplied condensed milk and cream for a total of $13.12 million, which is 26.8% less than in January-March 2017.

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