Business news from Ukraine

Business news from Ukraine

REGISTRATIONS OF ELECTRIC VEHICLES IN UKRAINE 5% UP

Registration of new and used electric vehicles in Ukraine in January-June 2021 increased by 5% compared to the same period in 2020, to 3,550 units, including 89.7% of registrations accounted for used vehicles, the Federation of Automotive Industry of Ukraine has said.
According to a post on its website based on data from the Interior Ministry, in the second quarter, the number of registrations (primary plus cars imported from abroad with a customs certificate) increased by 14% compared to the first quarter of this year and by 7% – with the second quarter of last year, up to 1,891 units.
According to the graphic data provided in the report, the most frequently registered cars were those manufactured in 2017 (824 units), 2018 (502 units) and 2019 (454 units), and cars of 2021 with 154 units.
At the same time, a lot of cars registered were produced in 2016 (376 units), 2015 (264 units), 2014 and 2013 (253 units and 255 units, respectively) and 2020 (316 units).
In the first half of the year, the top three brands remained unchanged – Nissan, Tesla and Chevrolet.
However, if Nissan registrations decreased by 14%, to 994 units, Tesla lost 24% – to 688 units, then Chevrolet tripled sales – to 542 cars, and the Chevrolet Bolt EV model became the second most popular model in Ukraine after Nissan Leaf.

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UKRAINIAN ANTONOV INTERESTED IN POSSIBILITY OF COOPERATION WITH TASHKENT MECHANICAL PLANT

State-owned enterprise Antonov (Kyiv) and JSC Tashkent Mechanical Plant (TMZ), following the results of the recent negotiations and visits by the Ukrainian side of the production facilities of TMZ, agreed on a “road map” and on creation of a working group for studying the technological potential of TMZ and the possibility of organizing the production of aircraft parts and assemblies by order of Antonov.
According to the TMZ website, the start of the dialogue was preceded by a meeting in Kyiv of the founder of the investment company Welfare Investment Alliance (Uzbekistan), Alisher Abdualiev, with Director General of Antonov state-owned enterprise Serhiy Bychkov.
During negotiations between Head of the board – TMZ Director General Zafar Isokov and Antonov General Designer Oleksandr Dveyrin with the participation of the Welfare Investment Alliance leaders, the prospects for exporting previously manufactured products and the possibility of expanding the production of parts and assemblies for modern aircraft of SOE Antonov and its subcontractors were discussed.
TMZ said that it continues to produce individual parts and assemblies for the aviation industry, carries out systematic work to restore the production of components for aircraft on the basis of direct contracts with aircraft manufacturers.

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OPEN4BUSINESS HELPS FOREIGN BUSINESSES TO SEARCH FOR OPPORTUNITIES AND EXPAND TO UKRAINIAN MARKET

Open4Business is a platform created to help foreign businesses to search for opportunities and expand to Ukrainian market.
The platform and related organizations provide a holistic set of services needed to successfully penetrate the Ukrainian starting from establishing foreign trade relations with local companies and up to establishing a subsidiary or acquiring a company in Ukraine.

You are welcome to contact:
info@open4business.com.ua
tel./fax: +38(067)970-52-59

The List of Main Services:
– Market information and market intelligence
– Searching trade partners and organizing fact finding trips
– Governmental relations
– PR campaigns
– Full range of M&A services
– Production outsourcing project management
– Legal advisory services including licencing and certification, etc. (together with associated companies).

SERBIA AND HUNGARY COMPLETE PIPELINE BYPASSING UKRAINE

Serbian company Srbijagas and Hungary’s FGSZ have finished building the linear section of a gas pipeline connector between the two countries through which Hungary will be able to receive Russian gas transported through a Black Sea pipeline instead of through Ukraine.
Serbia’s national TV channel reported the welding of the “golden” joint of the pipeline on the border between the two countries.
Gas supplies along the new route are supposed to start on October 1, the beginning of the new gas year.
The TurkStream pipeline, which carries Russian gas across the Black Sea to Turkey and onward to Southern Europe, went into operation in January 2020. Turkey, Bulgaria, Greece, Macedonia and Romania were the first to receive gas through the pipeline. Serbia, as well as Bosnia and Herzegovina began receiving gas along the new route at the start of 2021. In future, TurkStream gas is also supposed to reach Austria through Hungary.
The first phase of the connector between Serbia and Hungary, with capacity of 6 billion cubic meters per year, involved building a 15-km linear pipeline section.
The expansion of the connector to 8.5 bcm per year has been postponed from October 2022 to October 2023. Hungarian gas companies and officials lost time in the middle of 2020 due to concerns that they might be hit by U.S. sanctions.
The U.S. State Department issued a new clarification on section 232 of the Countering America’s Adversaries Through Sanctions Act (CAATSA) on July 15, 2020, stating that sanctions could be imposed against investors in Russian export energy pipeline projects. The new clarification extended the possibility of imposing sanctions against persons investing, or providing goods and services, directly and that significantly facilitate the construction of the Nord Stream 2 gas pipeline and the second string of the TurkStream pipeline.
Hungary imported 8.637 bcm of Russian gas in 2020.

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PRESIDENT OF UKRAINE ANNOUNCES INTENTION TO INCREASE PRESTIGE OF UKRAINIAN CITIZENSHIP

President of Ukraine Volodymyr Zelensky announced his desire to increase the prestige of Ukrainian citizenship in the international arena.
He made the corresponding statement during his speech at the forum “Ukraine 30. International Politics” on Monday.
“My position as the President of Ukraine is very simple: every citizen of Ukraine who is outside our state should feel support and feel protected. Our common ambitious goal is the high prestige of Ukrainian citizenship and Ukrainian passport in the world. The prestige of a Ukrainian passport is confidence in your state when you find yourself in a difficult situation abroad,” Zelensky said.
He also said that in the event of such a situation, the state apparatus must act quickly and clearly, in order to promptly provide assistance to its citizens in other countries.
“The prestige of a Ukrainian passport is also an opportunity to travel freely around the world,” Zelensky said.
In addition, the president pointed out the need to maintain and develop ties between the state apparatus in Ukraine and the Ukrainian diasporas in different countries.
“The Ukrainian community in the world is always visible, heard, and this is wonderful,” Zelensky said.

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