Business news from Ukraine

Business news from Ukraine

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 27/08/19

National bank of Ukraine’s official rates as of 27/08/19

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF AUGUST 27

Official rates of banking metals from national bank as of August 27

One troy ounce=31.10 grams

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780 FILLING STATIONS CONTINUE OPERATING IN UKRAINE WITHOUT LICENSE

Some 780 filling stations continue operating without a fuel sales license after the launch of the fuel administration reform from July 1, the Ukrainian Oil & Gas Association has said.
The data was obtained by the association during the reconciliation of information on fuel retail locations on perevirAZS.info with information from the public register of licensees and locations for which licenses were obtained.
“Some 780 of such facilities are not in the register of licensees, respectively, they continue working without a license. In this regard, the Oil & Gas Association sent an official appeal to the State Fiscal Service with a request to inspect these places for availability of licenses and registrations of them as excise warehouses in the electronic fuel sales administration system and other violations,” the association said in a statement.
As reported, the reform of the fuel turnover administration, which began on July 1, 2019, provides for licensing of the production, storage and trade of fuel, modernization of the electronic fuel sales administration system at each excise warehouse, and the launch of a new system for monitoring the actual turnover and remaining fuel, and toughened liability for illegal fuel operations.
In the middle of August, the State Fiscal Service reported on the issuance of more than 9,500 licenses for the right to manufacture, store fuel and trade with it, of which 780 licenses were issued for storage.

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FINES FOR VIOLATION OF EU CAR IMPORT RULES TOUGHENED IN UKRAINE

Tough sanctions for violation of the rules of importing cars with foreign registration came into force on August 22, State Fiscal Service of Ukraine said on its website.
“Let us remind that according to new rules a fine in an amount of UAH 85,000 was set if a term of delivery of the vehicles of personal and commercial use delayed by 20-30 days,” the service said.
The rules say that in terms of delay by 30 days, or if the vehicle is damaged or disassembled, the size of the fine will be UAH 170,000 or the car will be subject to confiscation.
The similar fines will be paid under violating of terms of temporarily import of the vehicles: UAH 85,000 fine for failure to meet 20-30 days of deadline, UAH 170,000 or confiscation of the vehicle in case of damage or disassembling of the vehicle.
As reported, President of Ukraine Volodymyr Zelensky is going to put to the parliament a bill that postpones fines for three months. During this period, the working group is to draw out a new bill that regulates rules of disassembling of new or already used vehicles, which are in Ukraine or will be imported to Ukraine.

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RIVNE TO EXPAND OFFICE SPACE SUPPLY BY 8,000 SQ M BY LATE 2020

Average vacancy of business centers in Rivne by August 2019 was 3.1%, and by late 2020 it is planned to expand total office space supply by 8,000 square meters, UTG consulting company (Kyiv) has told Interfax-Ukraine.
“The main increase in office space in Rivne was seen in 2000-2004, when 45.1% of the total market supply was built/reconstructed and put into operation (GLA is 41,000 square meters). During 2016-2018, not a single new business center was opened, and in 2019 the total office supply was replenished with the Smart BAU office building located at 41/1, Vidinska Street,(GLA 1,100 square meters) and TOTs located at 11, Zamkova Street ( GLA 370 square meters),” UTG Senior Analyst Oksana Gavrilevich said.
According to her, the active construction of a business center is carried out by the Renome company on Lionokombinatska Street with the first Sport Life club in Rivne (GLA more than 5,000 square meters).
In addition, there are seven office buildings at different stages of construction and installation works; in 2020, offices with a total lettable area of more than 8,000 square meters were declared to open.
“Despite the large volume of the current office supply (per 1,000 inhabitants, it is comparable with the largest regional centers of Ukraine: Odesa, Lviv, Dnipro), the total area of high-quality and professional facilities in the city is no more than 11,000 square meters. About 79% (71,300 square meters of the city’s office premises were commissioned before 2008 and are already morally and technically outdated,” Gavrilevich said.

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UKRAINIAN MEDIA INTERNET ADVERTISING MARKET EXPANDS BY 82% IN H1 2019 – UIA ASSOCIATION

The Ukrainian media Internet advertising market expands by 82% in H1 2019, to UAH 1.987 billion, the Ukrainian Internet Association (UIA) has said.
The share of direct sales on this market over the period came to 61.41%.
The segments of media Internet advertising are the following: banner advertising with 34% of the market share, in-stream video (pre-roll, mid-roll, post-roll, pause-roll, overlay-advertisement, picture-in-pause) was – 41%, in-page video advertising (content-roll) – 11%, other non-standard solutions (pop-up and pop-up pop-ups, catfish and screen-glide formats, synchronous banners, frontlines, full-screen advertising, sound advertisement in a digital audio stream and other types) – 9% and sponsorship – 5%.
The share of mobile media Internet advertising (targeted at mobile device users) of the total turnover of media Internet advertising was the following: 20.7% for banner advertising, 22% for in-stream video, 0.7% for in-page video (content-roll), 2.5% – for non-standard solutions and 1.1% for sponsorship.
The share of Programmatic (automated advertising) was 34.6% for purchases by agencies and 50.8% for platforms.
The share of social media and instant messengers (FB, Instagram, Twitter, YouTube, Skype, Viber and other applications) was also determined in advertising – 36.64%.
The methodology for measuring the volume of media Internet advertising was based on a cross-sectional analysis of survey data from the largest advertising agencies, websites and sales houses.
“The survey involved leading online advertising agencies: ADINDEX, AdWork, Dentsu Aegis Network Ukraine, DIEVO, Havas Digital, Maxus Sigma, MediaHead, Netpeak, newage, Publicis One, razom communications, TMGU, WebPromo, and representatives of the largest sites, holdings and sales-houses: 1+1, Adpartner, Edipresse Media, FISH, Go2Ne, Online.ua, Programmatic Media Group, RBC, RIA, Rontar, RST, StarLight Digital Sales, Treeum, Ukr.net, UMH, Autocentre, Lux (24 Channel) Novoye Vremia,” the association said.

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