Business news from Ukraine

Business news from Ukraine

NUMBER OF UKRAINIAN USERS OF INSTAGRAM AND FACEBOOK INCREASES

The number of Ukrainian users of the Instagram social network in 2019 increased by 4.5%, to 11.5 million (about 11 million in 2018), the number of Facebook users by 7.7%, to 14 million. Such research data of the Ukrainian audience of social networks was released by PlusOne communications agency on its website.
According to the study, the main increase in Instagram audience was due to users 19-27 years old, and the increase in Facebook audience was mainly due to users aged 39 or more. Moreover, in almost all regions of Ukraine, except for Kharkiv region, Facebook is more popular than Instagram, and most users prefer the mobile version of the network rather than desktop.
“Ukraine ranks second in the world in the number of women registered in popular social networks. It ranks second in the world in the number of women who are Facebook users and is in the top ten countries in the number of Instagram users. In addition, the female audience of Facebook and Instagram outweighs the male in all age categories,” according to the report.
According to the PlusOne study, in October-December 2019, as well as January 2020, the Facebook Messenger audience in Ukraine increased by 1.5 million users, to 8.7 million.
At the same time, the report indicates that the total audience of Ukrainians available to advertisers through Facebook instruments is 19.5 million users.
Instagram, according to the study, achieved the highest penetration in Kyiv (45%), Odesa (36%) and Kharkiv (34%) regions. Whereas Facebook is the most popular in Kyiv (penetration is 55%), Lviv (44%), and Zakarpattia (40%) regions.

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LARGE UKRAINIAN BUSINESS WILL SET UP SEPARATE FUND TO HELP COUNTRY

President of Ukraine Volodymyr Zelensky has reported that he urged the large business to help the country, which “has been feeding it for many years” with finances, namely a separate fund will be set up for purchase of medicine and other necessary means during coronavirus spreading.
“We urgently need 50 ambulances. This is the amount that is not enough for our hospitals. We talked about certain means … Honestly, I spoke frankly with them that this country has been feeding them for many years – it’s time you (large businessmen) to help the country,” he said on the air of the Freedom of Speech program on ICTV.
Zelensky said that a separate fund was setting up “and UAH 12-13 billion is needed from businessmen for medicine.”

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF MARCH 17

Official rates of banking metals from national bank as of March 17

One troy ounce=31.10 grams

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 17/03/20

National bank of Ukraine’s official rates as of 17/03/20

Source: National Bank of Ukraine

1 MLN EXPRESS TESTS FOR CORONAVIRUS TO BE SUPPLIED TO UKRAINE DUE TO CHINA AND BENEFACTORS

President of Ukraine Volodymyr Zelensky has said that 1 million ‘express tests’ for coronavirus (COVID-19) will be supplied to Ukraine on Saturday, March 21.
“What we are lacking and what we have agreed on is ‘express tests’. That is what not only Ukraine, but also any European country needs now. We agreed with China and we are grateful to them. And a special thank you to Jack Ma [the founder of Alibaba Group] for help. He allocated $80 million. Thanks to him and thanks to Mr.Yaroslavksy [the owner of DCH], we are expecting the arrival of these ‘express tests’ to Ukraine on Saturday. They will be sufficient for around one million people,” he said in the Svoboda Slova (Freedom of Speech) program on the ICTV television channel on Monday.
The head of state stressed that all of these test kits will be supplied to hospitals.
He also said that a part of test kits will be delivered directly to the front line for Ukrainian servicemen, who are a category of people that cannot be isolated.

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CHEESE IMPORTS FROM EU TO UKRAINE COULD BE LIMITED

Ukraine could limit imports of cheese from the European Union (EU) over almost doubled increase in supplies of cheese in 2019 and due to growth of smuggling, Deputy Economic Development, Trade and Agriculture Minister of Ukraine, Taras Kachka, who is also the Trade Representative of Ukraine, has said.
“I’m very annoyed by the situation with the sharp increase in imports of cheeses and generally dairy products from the EU to Ukraine, even smuggling… To stop this, we can take very brutal steps. For example, safeguard measures against the import of cheeses into Ukraine,” Kachka said in an interview with Yevropeiska Pravda (European Truth) ezine.
He said that the sharp increase in imports of these products negatively affects Ukrainian producers.
“If our manufacturers make such a request, it is very likely [that such a scenario will be implemented],” the trade representative said.
“But this is a negative scenario, which can be avoided through greater coordination and greater support for each other. This coordination is much more important to me now in relations with the EU than the revision of tariff quotas,” he said.

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