Lemtrans, Ukraine’s largest private rail transportation operator, has completed the first stage of construction of the Vinnytsia container terminal, the company’s press service said on Monday.
“Lemtrans Group has completed the first stage of construction and opened the Vinnytsia container terminal. As part of this stage, a new infrastructure was created: railroad tracks were laid, a container yard with a capacity of up to 2000 TEU was equipped, and a covered warehouse with an area of 3,500 square meters was built,” the statement said.
The total area of the terminal is 8 hectares, and its throughput capacity is 30 thousand TEU per year.
Modern equipment and infrastructure of the terminal provide a significant acceleration of cargo handling, the company said.
“We are creating new opportunities, as the emergence of such a terminal in the region opens up access to global logistics for cargo owners, both large and small. This means that exporters and importers no longer depend on the size of the consignment or the influence of global trading companies,” the statement quoted Dmytro Balaba, CEO of Container Terminal Vinnytsia, as saying.
The opening of the Vinnytsia container terminal is an important step for the further economic development of the region – investments in the project amounted to about $15 million, the report says.
It is also reported that the terminal has already received the first train, formed in cooperation with UZ CARGO POLAND and the Liski Transport Service Center. The first batch of cargo exceeded 60 TEU. The regular service will connect the Polish port of Gdansk with the terminal in Vinnytsia.
According to Vinnytsia Mayor Serhiy Morgunov, container transportation will allow Vinnytsia community to expand cooperation with other regions of Ukraine and, at the same time, with other European countries.
“We are talking about creating new jobs, increasing the competitiveness and sustainability of our community,” Morgunov said in a statement.
Short-term rains with thunderstorms will be held on Tuesday, September 10, in the eastern, south-eastern, Volyn, Lviv, Ivano-Frankivsk and Transcarpathian regions, in the rest of the territory without precipitation, reports Ukrhydrometcenter. The wind is predominantly southeastern, 5-10 m/s. The temperature at night is 10-15°C, on the coast of the seas up to 17°C; in the daytime 24-29°C, in Prykarpattya and Transcarpathia 17-22°C.
In Kiev on Tuesday – dry, wind southeast, 5-10 m/s, temperature at night 12-14°C, daytime 25-27°C.
According to the Central Geophysical Observatory named after Borys Sreznevsky in Kiev. Borys Sreznevsky in Kiev on September 10, the highest daytime temperature was 31.2°C in 1909, the lowest nighttime temperature was 4.1°C in 1968.
On Wednesday, September 11, at night in Transcarpathia, Carpathians and Carpathian region, during the day in the western, northern and central regions in some places short-term rains, thunderstorms; in the rest of the territory without precipitation. The wind is predominantly southeastern, 5-10 m/s.
Temperatures in western regions at night 10-15°C, during the day 17-22°C; in the rest of the country at night 15-20°C, in the south of the country up to 23°C, during the day 24-29°C, in the east and south of the country in some places up to 32°C.
Weather forecast for Kiev on September 11 – short-term rain in places, thunderstorms, no precipitation at night. The wind is predominantly southeastern, 5-10 m/s. The temperature is 15-17°C at night and 26-28°C during the day.
Number of dead and wounded civilians in Ukraine from 24.02.2022 till 30.06.2024 UN data
Source: Open4Business.com.ua
At the same time, banks’ profits increased by 22% Almost UAH 120 billion was earned by Ukrainian banks in 7 months of 2024, according to the NBU. Net profit after tax amounted to UAH 93 billion. Income tax is also growing along with earnings. Thus, this year, financial institutions have already paid 1.8 times more income tax than last year. Privat accounts for 40% of the profit of all banks, and the MTB has grown the most – by as much as 13 times.
Banks in Ukraine made a total of UAH 119.44 billion in profit. This is 22% more than in the same period last year: UAH 97.53 billion.
This year, the amount of income tax increased by 1.8 times to UAH 25.83 billion. Despite the tax increase, net profit is still 13% higher than last year: UAH 93.61 billion compared to UAH 83.18 billion last year.
Alpari Bank withdrew its license of its own free will in June, so there are now 62 banks operating in Ukraine. 8 of them suffered losses.
The top 10 banks in Ukraine currently account for 86% of the total profit: UAH 80.13 billion.
State-owned banks
State-owned banks account for 63% of the total profit of all banks. Privat is a stable leader: UAH 37.16 billion of profit after tax. This is 8% more than last year.
Privat accounts for 40% of the total profit of all banks in the country. The bank’s tax expenses increased 1.5 times and amounted to UAH 12.13 billion.
In total, 5 out of 6 state-owned banks earned a total profit of UAH 58.84 billion during this period, and tax expenses amounted to UAH 14.6 billion.
Banks with foreign capital
Banks with foreign capital earned UAH 21.5 billion. This is 9% more than in the same period last year. The profit tax of banks in this group increased 1.7 times this year and reached UAH 7.26 billion. They currently account for 23% of the total profit of all banks.
Raiffeisen Bank remained the leader of this group: UAH 4.87 billion. This is 28% more than in the same period last year. Raiffeisen Bank’s tax expenses doubled to UAH 1.63 billion.
Banks with private capital
The total profit of banks with private capital increased by 29% to UAH 13.39 billion. Accordingly, taxes doubled to UAH 3.95 billion. Currently, this group of banks accounts for 14% of the total profit.
FUIB is the leader of the group with UAH 4.24 billion. At the same time, MTB Bank showed the largest increase among all banks in the country: by 13 times, up to UAH 539.8 million.
As a reminder, the Verkhovna Rada is currently considering draft law No. 11416-d, which proposes to introduce a 50% income tax for banks in 2024.
German Chancellor Olaf Scholz said that several hundred thousand more Ukrainians in the country should work, reports Tagesschau.
According to the publication, during a dialog with residents of the town of Teltow, Scholz said that, in his opinion, many Ukrainians receiving support in Germany should work.
According to him, the number of Ukrainians already having a job has increased to more than 200 thousand thanks to the government’s Jobturbo program.
“But there were still a few hundred thousand, if I can put it that way. That’s why I would like to see the work done,” he said.
Metinvest Mining and Metallurgical Group’s consolidated revenue in the first half of 2024 amounted to $4.319 billion, up 22% to the first half of 2023, this result is mainly due to a 63% increase in sales to $1.847 billion of the mining segment due to the easing of logistical restrictions for Ukrainian exports and increased demand for pellets.
“The Black Sea corridor has enabled the sale of iron ore products to China… External revenues of the steel and mining segments grew by 2% and 63% year-on-year respectively, with the steel segment accounting for 57% and the mining segment 43% of total revenues,” the company said in a report Friday evening.
According to it, adjusted EBITDA increased to $650 million, up 33% due to improved performance in both segments, with the metals segment contributing 25% and the mining segment 75%.
Total debt and net debt decreased by 12% and 4%, respectively, to $1.740 billion and $1.284 billion. It is noted that the group managed to repay more than $500 million of debt from the start of full-scale invasion until the end of June 2024.
