Business news from Ukraine

Business news from Ukraine

Ukrainian ports increased cargo transshipment by 1.6 times

In January-June 2024, six Ukrainian ports increased cargo transshipment by 1.6 times compared to the same period in 2023 – up to 52.7 million tons, the Ukrainian Sea Ports Authority (USPA) reported, citing operational data.
“According to the operational data of USPA, in January-June 2024, the ports of Ukraine handled almost 52.7 million tons, compared to 31.3 million tons in 2023. Six months, six ports – 52.7 million tons,” the USPA said on Facebook on Monday.
As noted, more than half of the cargo (33.5 million tons) is agricultural products.
In June, seaports handled 6.7 million tons of cargo, which is 30% more than in June 2023. Of these, 4.1 million tons of agricultural products were exported.
According to the National Bank of Ukraine, in January-April 2024, seaports handled 35 million tons of cargo. In particular, in January – 6.3 million tons (4.4 million tons of which were agricultural products), February – 7.9 million tons (5.2 million tons), March – 6.4 million tons (4.2 million tons), April – 7.7 million tons (5.1 million tons), May – 6.7 million tons (4.5 million tons).

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Ukraine’s public debt to GDP ratio from 2009 to 2023 (UAH mln)

Ukraine’s public debt to GDP ratio from 2009 to 2023 (UAH mln)

Source: Open4Business.com.ua and experts.news

IC “VUSO” will insure transport of KP “Elektrotrans”

The municipal enterprise “Elektrotrans” of Kropivnitsky city council on July 1 announced its intention to conclude with IC “VUSO” (Kiev) the contract of compulsory insurance of civil liability of owners of land vehicles (OSAGO), as it is reported in the system of electronic public procurement Prozorro.
The price offer of IC “VUSO”, the only participant of the tender, amounted to UAH 140,507 th. at the expected cost of purchase of services of UAH 177,2 th.
IC “VUSO” was founded in 2001. The company holds 50 licenses: 34 – for voluntary and 16 – for compulsory types of insurance. It is represented in all regions of Ukraine. It is a member of the ITSBU and the FSA, a participant of the Agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.

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Population structure of Ukraine (data from ukrainian institute of future)

Population structure of Ukraine (data from ukrainian institute of future)

Source: Open4Business.com.ua and experts.news

Internal and external debt of Ukraine in 2010-2024

Internal and external debt of Ukraine in 2010-2024

Source: Open4Business.com.ua and experts.news

Poland resumes passage of Ukrainian trucks

The border with Poland has resumed the passage of freight transport, the State Customs Service of Ukraine reports.

“In connection with the settlement by the Polish side of the issue of crossing the border by trucks with Ukrainian registration, the passage of trucks through checkpoints on the border with the Republic of Poland located in the area of Lviv Customs has been resumed,” the company said in a statement on its telegram channel.

As reported, truck traffic was suspended from 00:00 on July 1.

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