In January-June 2024, Naftogaz Group paid UAH 44 billion in taxes to the state budget of Ukraine and another UAH 3.2 billion to local budgets, the company said on its website on Thursday.
In particular, in June, UAH 8.7 billion was paid to the state budget and UAH 0.5 billion to local budgets.
“Despite the military challenges, we continue to work steadily, save jobs, fill the budgets of all levels and strengthen the economy of our country,” said Oleksiy Chernyshov, Chairman of the Board of Naftogaz of Ukraine.
As reported, in 2023, Naftogaz Group companies paid UAH 90.2 billion in taxes, UAH 83.4 billion of which went to the state budget and UAH 6.8 billion to local budgets.
In January-June this year, Ukraine reduced exports of ferroalloys in physical terms by 11.4 times compared to the same period last year, down to 24,206 thousand tons from 275,854 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports of ferroalloys in monetary terms decreased 8.2 times to $29.345 million from $240.401 million.
The main exports were to Poland (30.50% of supplies in monetary terms), Turkey (22.13%) and Romania (13.20%).
In addition, in January-June, Ukraine imported 54.932 thousand tons of these products, compared to 3.745 thousand tons in January-June 2023 (an increase of 14.7 times). In monetary terms, imports increased 5.4 times to $90.924 million from $16.874 million.
Imports were mainly from Poland (43.97%), Norway (13.68%) and Kazakhstan (12.71%).
As reported, Pokrovsky Mining and Processing Plant (PGOK, formerly Ordzhonikidze Mining and Processing Plant) and Marganetsky Mining and Processing Plant (MGPK, both in Dnipropetrovska oblast), both part of Privat Group, stopped mining and processing crude manganese ore in late October and early November 2023, while NFP and ZFP stopped smelting ferroalloys. Later, ferroalloy plants resumed production at a minimum level.
In 2023, Ukraine decreased exports of ferroalloys in physical terms by 1.5% compared to 2022, to 344.173 thousand tons, while in monetary terms, exports of ferroalloys decreased by 47.2% to $297.595 million. The main exports were to Poland (52.79% of supplies in monetary terms), Turkey (14.13%) and the Netherlands (8.46%).
In addition, in 2023, Ukraine imported 14.203 thousand tons of these products, which is 30.9% less than in 2022. In monetary terms, imports decreased by 41% to $42.927 million. Imports were carried out mainly from Poland (23.94%), India (16.08%) and Armenia (14.35%).
Prior to the nationalization of the financial institution, PrivatBank organized the business of ZZF, NZF, Stakhanovsky ZF (located on the NCT), Pokrovske (formerly Ordzhonikidze) and Marganetsky mining and processing plants. Nikopol Ferroalloy Plant is controlled by EastOne Group, created in the fall of 2007 as a result of the restructuring of Interpipe Group, and Privat Group.
In January-June this year, Ukrainian companies increased imports of copper and copper products in value terms by 33.4% year-on-year to $75.101 million.
According to customs statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products increased by 5.4% to $41.555 million over the period under review.
In June, Ukraine imported copper worth $10.114 million and exported it worth $8.658 million.
In addition, in January-June 2024, Ukraine increased imports of nickel and products by 68.3% compared to the same period in 2023 to $12.954 million (in June – $1.880 million), aluminum and aluminum products by 24.1% to $208.745 million (in June – $36.852 million).
At the same time, it reduced imports of lead and lead products by 3.9% to $560 thousand (in June – $137 thousand), imports of tin and tin products increased by 19.5% to $1,350 million (in June – $330 thousand), and increased imports of zinc and zinc products by 37.4% to $28,340 million (in June – $5,110 million).
Exports of aluminum and aluminum products in the first six months of 2024 increased by 12.8% compared to the same period a year earlier to $54.175 million (in June – $10.383 million), lead and lead products decreased by 30.8% to $5.404 million (in June – $1.070 million), nickel and nickel products amounted to $422 thousand (in June – $180 thousand), while in January-June 2023 it was $125 thousand.
Zinc exports for the first six months of this year amounted to $98 thousand (in June – $14 thousand), while in January-June 2023 it was $72 thousand. Exports of tin and products amounted to $181 thousand (in June – $35 thousand) against $52 thousand in the same period a year earlier.
As reported, in 2023, Ukraine increased imports of copper and copper products by 2.2 times compared to 2022 – up to $140.795 million, while exports decreased by 20.1% to $72.078 million.
In addition, in 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million, and increased imports of aluminum and aluminum products by 7.7%, to $366.463 million.
At the same time, it reduced imports of lead and lead products by 65.2% to $989 thousand, imports of tin and tin products by 23% to $2.728 million, but increased imports of zinc and zinc products by 18.8% to $45.966 million.
Exports of aluminum and aluminum products last year increased by 0.7% compared to 2022 to $97.616 million, lead and lead products increased by 23.5% to $14.778 million, and nickel and nickel products amounted to $532 thousand, while in 2022 it was $1.268 million.
In 2023, the company exported $130 thousand worth of zinc, compared to $1.331 million in 2022. Exports of tin and tin products amounted to $159 thousand against $424 thousand in 2022.
On Friday, the Ukrainian government approved the terms of privatization of United Mining and Chemical Company (UMCC), which has been given control of Vilnohirsk Mining and Metallurgical Plant (VMMC, Dnipropetrovs’k region) and Irshansk Mining and Processing Plant (IGOK, Zhytomyr region), setting the starting price at UAH 3 billion 899.358 million.
“To take note of the starting price of the stake set by the advisor BDO Corporate Finance LLC in the amount of UAH 3,899,358,000 (three billion eight hundred and ninety-nine million three hundred and fifty-eight thousand),” the Cabinet of Ministers said in its resolution No. 643 of July 12 on its website.
It is specified that all 1 billion 944 million shares, which is 100% of the authorized capital, will be put up for sale.
Earlier, the State Property Fund pointed out that the sale of UMCC belongs to large-scale privatization, as it is the sale of state assets with a book value of more than UAH 250 million. Earlier, the SPF has already held auction commissions for the sale of the Ukraina Hotel, UMCC and the state share in the authorized capital of Lybid Investment Union LLC (Ocean Plaza shopping center). Auctions for the sale of these assets will be announced after the Cabinet of Ministers approves the starting prices and terms of sale. All auctions will be held in the state electronic system Prozorro.Sale. The proceeds from the privatization of state-owned enterprises will go to the state budget of Ukraine, and the proceeds from the privatization of nationalized assets will go to the fund for liquidation of the consequences of armed aggression.
The United Mining and Chemical Company began its actual operations in August 2014, when the Ukrainian government decided to transfer the property complexes of Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipropetrovska oblast) and Irshansk Mining and Processing Plant (IGOK, Zhytomyrska oblast) to its management. On December 8, 2016, the state-owned enterprise was transformed into PJSC UMCC, and on December 26, 2018, it was transformed from PJSC to PrJSC.
UMCC used to sell its products to more than 30 countries. The main sales markets were the EU, China, Turkey, as well as the USA and African countries.
In January-June this year, Ukraine increased imports of coke and semi-coke in physical terms by 3.3 times compared to the same period last year, up to 295.199 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, coke imports in monetary terms increased 2.37 times to $105.769 million during this period.
The imports came mainly from Poland (86.47% of supplies in monetary terms), Hungary (4.03%) and China (3.63%).
In the first six months of the year, the country exported 749 tons of coke worth $171 thousand to Moldova (99.41%) and Latvia (0.59%), while in January and March 2024, there were no exports.
As reported, in 2023, Ukraine reduced imports of coke and semi-coke in physical terms by 8.5% compared to 2022 – to 328.697 thousand tons, while imports in monetary terms decreased by 25.8% to $129.472 million.
In 2023, Ukraine exported 3,383 thousand tons of coke, down 12.3% compared to 2022. In monetary terms, it decreased by 22.2% to $787 thousand.
Exports were carried out to Moldova (100% of supplies in monetary terms), while imports were mainly from Poland (88.47%), Colombia (7.72%) and the Czech Republic (3.15%).
In January-June of this year, Ukrainian mining companies increased exports of iron ore in physical terms by 2.2 times compared to the same period last year, to 18 million 315.164 thousand tons.
According to the statistics released by the State Customs Service on Tuesday, foreign exchange earnings from iron ore exports increased by 78.8% to $1 billion 602.255 million over the period.
Iron ore was exported mainly to China (38.66% of supplies in monetary terms), Slovakia (16.46%) and Poland (15.83%).
In January-June 2024, Ukraine imported iron ore worth $151 thousand in the total amount of 330 tons, while in January-June 2023 it imported iron ore worth $42 thousand in the total amount of 68 tons. Imports this year were carried out from the Netherlands (47.02%), Italy (19.87%) and Norway (18.54%).
As reported, in 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). Iron ore was exported mainly to Slovakia (28.39% of supplies in monetary terms), the Czech Republic (19.74%) and Poland (19.56%).
Last year, Ukraine imported iron ore worth $135 thousand in the total amount of 250 tons. During this period, imports were made from Norway (34.81%), Italy (28.89%) and the Netherlands (28.89%). While in 2022, iron ore was imported for $65 thousand in a total volume of 101 tons.
