Land plots are being bought even more than in 2021
Ukrainians began to buy and sell land and real estate more actively in the first quarter of 2024, according to the Unified Register of Notarial Forms of the Ministry of Justice. Over 185,000 land alienation agreements were registered during this period. This is 36.4% more than before the full-scale invasion. And alienations of other real estate increased by 55% – but this is still less than in 2021.
In 2024, Ukrainians are more likely to sell or transfer land to other ownership. In particular, 185 thousand land alienation agreements were drawn up by notaries in the first quarter of 2024. This is 56% more than in the same period last year: then notaries certified almost 119 thousand such forms.
The number of such agreements is already a third higher than before the start of the full-scale war. Back then, in 2021, more than 136 thousand land alienation agreements were formalized.
At the same time, the number of alienations of real estate other than land has increased by one and a half times this year. Thus, in the first quarter of this year, notaries certified more than 181 thousand such forms. For comparison, in the same period last year, there were almost 117 thousand such transactions.
However, this is still 16% less than before the full-scale campaign began: just over 216 thousand forms were used for land alienation.
It should be noted that one notarial act does not always require only one notarial form. Accordingly, the number of actions is approximate and is compared to previous years.
It should be reminded that the total number of notarial forms used last year increased by 2.6 million) , but still remains lower than before the outbreak of full-scale war.
The National Bank of Ukraine (NBU) has fined Bank 3/4 (Kyiv) UAH 10m for improper financial monitoring of client operations within the framework of the implementation of anti-money laundering legislation, the regulator said on its website.
According to the release, Universal Bank (mono) received a written warning for violation of the established deadline for providing information at the request of the authorized body.
Also, the National Bank fined FC Phoenix and FC Activitis for UAH 6.33 million and UAH 595 thousand, respectively.
Bank ¾ was registered in 2008. According to NBU information, as of March 1, 2024, it ranked 48th (UAH 1.55 billion) in total assets among 63 operating banks. Net profit for last year amounted to UAH 3.03 mln grnatsbank
PJSC “Trybushany Marble Quarry” (Zakarpattia region) produced and sold more than 5 thousand tons of marble products in 2023. This was reported to NADRA.INFO by the company.
“We are the only official enterprise that has a permit for marble mining. The main product of the quarry is light-colored marble chips, which are used in construction, manufacturing and landscape design. Over the past year, more than 5,000 tons of material have been extracted and sold,” the company said.
The total amount of taxes paid by the quarry in 2023 amounted to UAH 1,517,463.
PJSC “Trybushany Marble Quarry” holds a special permit No. 2561 for the extraction of marble from the Trybushanske deposit (the special permit is valid until 2031, the deposit has been developed since 1947). This is indeed the only valid special permit for marble mining in Ukraine.
The company produces the following products:
Cube-shaped marble chips (10 product names of different colors and fractions from 0.2 to 8 mm);
Marble crushed stone (traditional products of different colors and fractions from 5 to 20 mm);
Marble sand (decorative marble sand of different colors with a fraction of 2.5-5 mm);
Marble screenings (two grades of screenings with a fraction of 0 to 2.5 mm);
Marble rubble stone (large marble blocks from 100 to 500 mm);
Marble flour (white and creamy gray 50 and 200 microns).
The company says that the owners of the company are actively involved in the community, helping municipal and state-owned enterprises, the local school in Dilove village. The local football club Karpaty (Rakhiv, Zakarpattia region) also receives regular support. “In addition, constant assistance is provided to the Armed Forces of Ukraine to fight the Russian aggressor: together with our partners, we sent 5 vehicles and medical supplies to the front,” says the Marble Quarry Tribushany.
Since the fourth quarter of 2023, 75.39% of the shares of Trybushany Marble Quarry PJSC have been owned by Marble Mining Company LLC owned by Leono Alexandru (Romania), who has been the company’s ultimate beneficial owner since January 2024. 12% of the quarry’s shares are owned by Mykola Kovtun (Ukraine). A list of the company’s minority shareholders is available in YouControl.
Kyivstar, the largest electronic communications operator, together with Trimble, an American manufacturer of navigation systems and a leader in the agricultural industry in the areas of autonomy and smart farming using a mixed fleet of PTx Trimble machines, have created a profitable offer for Ukrainian farmers.
Starting from May and until the end of the year, when connecting an annual RTK signal package from Kyivstar, users will be able to unlock the Trimble GFX display-based autonomous driving system on agricultural machinery to the RTK level for free and receive activation of the Trimble xFill Premium service for RTK signal backup.
“There have been no similar offers on the Ukrainian market before. We understand that farmers, like other businesses, are going through difficult times. That is why we offer such special conditions that will allow them to save money and do their work even more efficiently to jointly support the Ukrainian economy,” said Ilya Poltakov, Kyivstar’s Director of New Business Development.
In agriculture, the RTK correction service is used to accurately orient and navigate machinery and helps to obtain real-time coordinates for it with an accuracy of 2.5 cm. The technology increases productivity, reduces production costs, makes it easier for drivers to work in the field, and allows for higher yields.
The offer is valid until the end of 2024, the promotional conditions are valid for one year from the date of connection. To take advantage of the special conditions, you need to contact a Trimble dealer or leave an application on the Kyivstar website.
About Kyivstar
Kyivstar is the largest Ukrainian telecommunications operator by subscribers, serving about 24 million mobile subscribers and more than 1.1 million Home Internet subscribers as of December 2023. The company provides services using a wide range of mobile and fixed technologies, including 4G, Big Data, Cloud solutions, RTK services for cybersecurity, digital TV, etc. Kyivstar is developing new telecom technologies in Ukraine and plans to invest USD 600 million in this area over the next three years. The company is helping the country overcome the challenges of wartime and has allocated over UAH 1.8 billion over the past two years to support the Armed Forces, subscribers, local communities, and charitable initiatives. The sole shareholder of Kyivstar is the international VEON Group headquartered in the Netherlands. The Group’s shares are listed on the NASDAQ (New York) and Euronext (Amsterdam) stock exchanges. Kyivstar has been operating in Ukraine for more than 25 years and is recognized as the largest taxpayer in the telecom market, the best employer and a socially responsible company. For more information: pr@kyivstar.net , www.kyivstar.ua
The second national conference and exhibition “Bread Industry-2024” starts next week on May 16 in Cherkasy (Perlina Resort hotel complex), with more than 200 business representatives already confirmed their participation.
On the first day of the event, the conference participants will have four panel discussions on the challenges facing the state and agribusiness in 2024, sustainability of value chains, consumer preferences and product range, new types of products, alternative products and raw materials. The first day will culminate with the awarding of the winners of the Tasting Competition.
The second day will feature a seminar on “How to increase exports of Ukrainian value-added products?” supported by the USAID Agriculture Program. After that, three parallel excursions will be organized for the participants: CherkasyElevatorMash LLC, where a specialized session on “New Products Based on Extrusion” will be held and a demonstration and launch of a soybean processing line using Bronto equipment will be held; Cherkasy Khlib LLC – a specialized session on “What is more profitable to invest in today – technology or marketing?” and Bo Khlib LLC – a specialized session on “Is it possible to make money on a bread franchise?”
In addition, an exhibition will be open all days of the conference, which will be attended by: Cherkasy Khlib, Chift Kartal Ukraine, Buhler, CherkasyElevatorMash, Terra LLC, OLIS LLC, Production Enterprise Basis, Interkargotrak, Motorcar, Venta Lab, ASTRA PROJECT, GVP Equipment Solutions, Grantfinance, Farmet (Anatol Private Enterprise), GraMido LLC, etc.
The partners of the conference were: Cherkasy Khlib LLC, CherkasyElevatorMash, Chift Kartal Ukraine, LESAFFRE UKRAINE, OLIS, ASTRA PROJECT, Oxicom, Enzym Group, Ventalab, Interkargotrak, Motorcar.
The conference is supported by: Ministry of Economy, Ministry of Agrarian Policy, Cherkasy Military Administration, USAID Agro Program, Made in Ukraine, Ukrainian Chamber of Commerce and Industry, Ukrainian Business Council, Association of Farmers and Private Landowners of Ukraine.
For more details on the program, speakers, sponsors and conditions of participation, please follow this link.
Don’t hesitate and join the national conference and exhibition “Bread Industry 2024” before the deadline!
Interfax-Ukraine is the official media partner of the forum.
Oleksandr Munteanu, a representative of the shareholder, director of Foray Capital LLC (Kiev), has been elected as the head of the Supervisory Board of VGP JSC (Lutsk), the managing company of a large producer of sanitary-hygienic paper products under Ruta TM.
According to the publication of VGP JSC in the disclosure system of the National Commission for Securities and Stock Market (NCSSM), such decision was made by its nabsovet at the meeting on April 30, after the decision of the sole shareholder – the company Tissico Limited (Cyprus) Munteanu was introduced to the nabsovet instead of the former head of the SB Konstantin Shevchenko.
The other members of the Board – Natalia Miretskaya and Kamil Gotza – were re-elected by the shareholder’s decision for a new two-year term.
The company produces sanitary and hygienic products based on cellulose from imported base paper.
It is among the three largest Ukrainian producers of these products.
VGP’s brand portfolio includes napkins, toilet paper, paper handkerchiefs, kitchen towels. The assortment includes more than 180 items.
Beneficiaries of VGP, according to YouControl, are the director of the company Ilya Miretsky and Czech citizen Kamil Gotsa.
As reported, in 2023 the company produced products for UAH 1 billion 611 million, which is 64.8% more than in 2022.
According to the resource Clarity-project, in 2023 the company received 185.2 million UAH of net profit against 3.6 million UAH a year earlier.
The main specialization of Foray Capital LLC is consulting on commercial real estate and management.
