Prometey Group of Companies has decided to close three of its 28 grain elevators, as well as to reduce its workforce, which currently numbers more than 1,200 people, according to the company’s website.
“In the third year, the war reached Prometey Group of Companies as well. For the first two years we worked with the resources of the pre-war period, but this could not last long. The problems began with the start of the full-scale invasion. We lost seven grain elevators, 2 thousand hectares of land were under occupation. Of course, business suffered a lot. We realize that it will not be the way it was. But we have done and are doing everything possible to establish the work of the company,” – the press service quotes the head of the business development department of the company, Elena Zinovieva.
In “Prometheus” noted that the support of the domestic agro-sector continued only at the beginning of the full-scale invasion. Over time, bank credit programs for the company began to be cut, as a result of which investments in agriculture had to be reduced.
“There is significant pressure on the business from the IRS. Blocking of tax invoices, non-recovery of VAT and unjustified fines have become commonplace for the companies of Prometey agricultural holding. Now two companies of the holding are forced to defend their rights in courts because of illegal actions of tax authorities,” the report adds.
The company hoped for a good harvest in 2024, but the summer in Ukraine was the hottest in the last 100 years. According to the company’s chief agronomist Ilya Troitsky, the harvest of many crops suffered significantly because of this. Although wheat was able to be harvested under favorable weather conditions, yields of soybeans, lentils and sunflowers, which occupied about 7,000 hectares, were extremely low due to the dry summer.
“Despite the difficult conditions Prometey agroholding continues to fight for its survival. However, if the situation does not change soon, the company will have to make radical decisions to save its business,” the report summarizes.
Source: https://prometey.org.ua/post/prometey-borotba-za-biznes-pid-cas-vijni/
Forecast of unemployment rate in Ukraine according to methodology of international labor organization until 2025
Open4Business.com.ua
Established at the end of 2023, Inzhir Bud LLC, owned by its director Alexander Kozlov, intends to buy out a 20.88% stake in Multiplex-Holding PJSC. According to the company’s message in the information disclosure system of the National Commission for Securities and Stock Market, Inzhir Bud (USREOU 45280451) intends to purchase 17 million 907 thousand ordinary registered shares, which is 20.880235% of shares of PJSC Multiplex-Holding.
The message notes that at the time of submission and publication of this message Inzhir Bud LLC and/or its affiliates do not own shares of Multiplex-Holding.
According to Opendatabot data, “Inzhir Bud” was established in November 2023, authorized capital of 10 thousand UAH, the main type of activity organization of construction of buildings.
The founder and director – Alexander Kozlov, he owns 78%. Another 11% are held by venture investment funds National Capital and Avior under the management of AMC Capital Group LLC and AMC Contador LLC, respectively.
Multiplex-Holding PJSC (Kiev), which develops Multiplex cinema chain in Ukraine, was founded in 2003 with authorized capital of UAH 86 million. As of the end of 2022, the network had 29 cinemas, of which eight were damaged to varying degrees due to Russian military aggression. According to Opendatabot, shareholders with large stakes are ZNVKIF Vasat JSC (49%), Investtrobud LLC (20.8802%) and AMC Capital Group LLC (PVIFNZ National Capital (21.5989%).
Ukraine for eight months of this year increased imports of ferrous metals by 18.3% – up to $1 billion 11.921 million. In August imported products for $136.480 million.
In addition, in January-August 2024, Ukraine reduced exports of metal products by 2.8% – to $643.227 million. In August, they were exported for $85.533 million.
Imports of metal products for this period increased by 35.2% – to $697.075 mln. In August, these products were imported for $84.998 mln.
Metallurgical enterprises of Ukraine in January-August of this year increased revenues from exports of ferrous metals by 13.5% compared to the same period last year – up to $2 billion 66.849 million.
According to statistics released by the State Customs Service (SCS) on Friday, ferrous metals accounted for 7.49% of total receipts from exports of goods during this period against 7.44% in January-August-2023.
Ferrous metals export earnings totaled $314.901 million in August, compared to $285.516 million in the previous month.
Long-term budget programs of the European Union should take into account Ukraine’s future membership in the EU, Ukrainian Foreign Minister Andriy Sibiga stressed.
During a discussion at the 20th Yalta European Strategy (YES) meeting in Kiev, the minister said that Ukraine needs macro-financial assistance and long-term support programs. According to him, the EU needs to build its policy now “through the paradigm that Ukraine is already a member of the European Union.”
“In accordance with the EU procedures, the process of preparing a 7-year budget for 2028-2034 starts in February 2025. It is very important that this budget already reflects this philosophy and logic. The logic of Ukraine’s enlargement and membership in the EU. This is very, very important, and we hope that our partners support this project,” Sibiga said.
According to the foreign minister, after World War II, one of the key goals of the founding of the EU was “to overcome war as a way of thinking and politics, and this idea remains relevant today.”
“There must be a clear realization that only Ukraine’s victory guarantees a secure future for Europe. We must be more decisive, act faster and with more confidence in our decision-making. Europe must also build up its defense capabilities,” he said.
Sibiga also assured European partners of Ukraine’s responsible work on the way to unification of domestic and foreign policy with the EU and careful fulfillment of its “homework”.
“In the field of foreign policy, Ukraine will ensure full harmonization with the EU and aims to join 100 percent of EU statements,” he said.
