Business news from Ukraine

Business news from Ukraine

State Tax Service of Ukraine will inspect approximately 1 thousand companies by this year

Following the lifting of the legislative ban, the State Tax Service has published a schedule of approximately 1,000 documentary scheduled tax audits of taxpayers for August-December 2023, affecting a number of major players in their markets.

According to the data published on the agency’s website, the list includes, in particular, the oil market companies Neftekhimik Prykarpattya, several companies from the OKKO group, Avantazh-7, Naftogaz Oil Trading, Glusko Retail, Sokar-Ukraine Trading House, and Ukrtransnafta.

The list also includes other representatives of the fuel and energy sector, including the Gas Transmission System Operator of Ukraine, Bila Tserkva and Odesa CHP, Kharkiv CHP-5, Ukrainian Drilling Company, Clear Energy, and Ternopilmiskgaz.

A significant number of companies on the list represent producers of alcoholic beverages: “Obolon, Global Spirit Group, Radomyshl Brewery and First Private Brewery, Zlatogor, Carlsberg Ukraine, Koblevo, Shabo, Odesavinprom, Poltavapivo, Mykulynetsky Brewery, and Kvass Beverages.

The list also includes some representatives of the food industry and distribution: “Ukrainian Dairy Company, a subsidiary of Lviv Kholodokombinat, Chernihiv Confectionery Factory Strila, MHP-Retail, Fozzy Commerce, and Kremenchukmeat.

Other industries on the list include transport companies (e.g., Ukrrichflot and its branches, Pride), health centers (e.g., Rixos-Prykarpattia), catering establishments (e.g., Kumpel Brewery, Sushiya, Dominos Pizza Ukraine), and tobacconists (e.g., JT International).

The list also includes the Kyiv Cardboard and Paper Mill, Avtomagistral-Pivden, and the Central Mining and Processing Plant.

A separate section of the list contains almost a hundred financial market representatives. Among them are 17 banks, including Ukrgasbank, Vostok, Alliance, Globus, Ukrainian Capital, RVS, Piraeus Bank ICB, First Investment Bank, and 15 insurance companies.

In addition, the list includes some financial companies, including Business Loan, Miloan, Manifesto, Globalmani, Contract House, Investrum, Sun-Rise Finance, and TAS Asset Management, an asset management company.

The list also includes gambling companies, both those that have been sanctioned – Parimatch, Pointlotto, PokerMatch.UA – and those that continue to operate in the market, such as the betting company Favbet and Favbet Game Slots, and Wave 444. They are largely included in a separate list of about 30 companies being inspected for payment of personal income tax, military duty, and unified social tax.

The State Tax Service has also approved a list of 256 individuals who will also undergo scheduled documentary audits in September-December this year.

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Number of refugees from Ukraine with temporary protection status in EU has reached 4 mln 65 thousand

As of June 30, 2023, 4 million 65.6 thousand non-EU citizens who fled Ukraine as a result of the Russian invasion on February 24, 2022, had temporary protection status in the EU, Eurostat reports.
“Compared to the end of May 2023, the number of recipients of temporary protection from Ukraine increased in the EU by 45,800 people (+1.1%). The largest increase was observed in Germany (+21,830; +2.0%), the Czech Republic (+9,050; +2.7%) and Ireland (+3,100; +3.7%),” the statistical agency said.
According to its data, the main EU countries hosting recipients of temporary protection from Ukraine were Germany (1 million 133.4 thousand people; 28% of the total), Poland (977.74 thousand people; 24%) and the Czech Republic (349.14 thousand people; 9%).
On the other hand, Eurostat added, four countries saw a decrease in the number of persons enjoying temporary protection: Poland (-4,700; -0.5%), Portugal (-2,520; -4%), Estonia (-1,885; -5%) and France (-985; -1%).
The agency recalled that in May the number of recipients of temporary protection from Ukraine increased by 57.3 thousand people (+1.4%) in the EU, and in April – by 51.0 thousand (+1.3%). In all three months of the second quarter, the largest increase was observed in Germany – a total of 65.7 thousand people, followed by the Czech Republic – 23.9 thousand, while Poland was the leader in the reduction in all three months, by 22.0 thousand.
In general, in the second quarter of this year, the number of recipients of temporary protection from Ukraine increased in the EU by 154.1 thousand (+3.9%), and in the first half of the year – by 239.0 thousand (+6.2%). The main inflow was provided by Germany – 165.7 thousand people for the first half of the year (+17.1%).
Eurostat clarified that, compared to the population of each EU member state, the largest number of temporary protection beneficiaries per thousand people in June 2023 was observed in the Czech Republic (32.2), Poland (26.6), Estonia (25.8), Bulgaria (24.9) and Lithuania (24.7), while the corresponding figure at the EU level was 9.1 per thousand people.
It is also said that as of June 30, 2023, Ukrainian citizens accounted for more than 98% of the beneficiaries of temporary protection.
According to the data provided, more than 100 thousand refugees from Ukraine with temporary protection status in the EU as of the middle of this year were also in Spain – 180.2 thousand, Bulgaria – 160.7 thousand, Italy – 157.3 thousand, Romania – 133.5 thousand, the Netherlands – 125.8 thousand and Slovakia – 104.0 thousand.
Between 50 thousand and 100 thousand of them were in Ireland – 86.9 thousand, Austria – 75.8 thousand, Lithuania – 70.7 thousand, Belgium – 67.7 thousand, France – 67.3 thousand (data on children are mostly not included – Eurostat), Switzerland – 65.2 thousand, Finland – 56.1 thousand and Portugal – 55.4 thousand.
Eurostat clarified that all the above data relate to the granting of temporary protection on the basis of EU Council Decision 2022/382 of March 4, 2022, which establishes the existence of a massive influx of displaced persons from Ukraine due to Russia’s military invasion and entails the introduction of temporary protection.
According to the UN, a total of 5.88 million refugees from Ukraine were registered in Europe as of August 8, and 6.24 million worldwide.

Since August 1, more than 1400 applications for compensation for destroyed housing have already been submitted

Since August 1, the day of launching the mechanism of compensation for destroyed housing, more than 1400 applications have already been submitted, the commissions are scheduled to start their work on August 15, the press service of the Ministry of Community Development, Territories and Infrastructure of Ukraine reports.

According to the press service of the ministry, the most applications have been submitted by residents of Kharkiv (597), Kyiv (428) and Chernihiv (113) regions. The total area of destroyed housing, for which applications have been filed, is about 100 thousand square meters. m. About 60% of the submitted applications relate to compensation for the destroyed apartment.

As reported, since August 1, “Dia” started accepting applications for compensation for housing destroyed because of the war.

Compensation will be paid to sole owners of housing, which was destroyed due to hostilities after February 24, 2022, is not subject to reconstruction and is located in the non-occupied territory and not in the zone of active hostilities. In addition, an information report on the destroyed property submitted by its owner must be registered in the registry.

Applications will be considered by the commissions previously established at local governments to process eRecovery applications. According to the press service of the Ministry of Restoration, the commissions will start to consider this type of applications from August 15.

At this stage, compensations will be paid in the form of electronic housing certificates for the purchase of housing.

The Ministry of Reclamation is also developing a mechanism for the payment of funds for the construction of new private houses on the land plot of the compensation recipient.

At the first stage of implementation of the program “eRestoration” compensation will not be provided for destroyed housing located in the temporarily occupied territories or in the combat zone.

Earlier in May, the state aid program “eRestoration” was launched, providing assistance for the current repair of housing damaged as a result of the war.

As reported with reference to KSE Institute data, as of June 2023, the total number of dwellings destroyed or damaged as a result of hostilities: about 167.2 thousand dwellings, of which 147.8 thousand – private houses; 19.1 thousand – apartment buildings, another 0.35 thousand – dormitories.

Passenger flow through western border of Ukraine in may 2023, thousand

Passenger flow through western border of Ukraine in may 2023, thousand

Source: Open4Business.com.ua and experts.news

Danube may help in reorientation of Ukrainian exports – Deputy Prime Minister

Ukraine within the framework of the meeting Ukraine – USA – European Commission – Romania – Moldova in Romanian Galati identified among the priority areas of work to increase Ukrainian exports the realization of the potential of the Danube and checkpoints on the border with Romania, said Deputy Prime Minister – Minister of Development of Communities, Territories and Infrastructure of Ukraine Oleksandr Kubrakov.

“Today in Romanian Galati within the framework of the meeting Ukraine – USA – European Commission – Romania – Moldova worked on ways to increase Ukrainian exports. The Romanian part of the Danube in conditions of limited navigation is important for the reorientation of exports,” he wrote in Facebook.

According to him, the key areas of work are the acceleration of the passage of ships through the channels, increasing the capacity of the Sulina channel and the organization of additional places for the raid transshipment of ships near the Romanian port of Constanta.

Deputy Prime Minister noted that for the realization of these plans investments are needed. To attract them, work with European partners is underway, in particular, on the inclusion of the Ukrainian part of the Danube in the maps of the Trans-European Network of Inland Navigation Routes (TEN-T).

“This is one of the important conditions for the full-fledged operation of business on the Ukrainian Danube transportation market,” he stressed.

Kubrakov added that work is also underway with the Romanian side on the full-fledged launch of freight transportation at the road checkpoints on the border with Romania “Krasnoyilsk – Vicovu de Sus” and “Diakivtsi – Rakovets”. There are plans to increase the capacity of “Porubnoye – Siret” by at least 20% and to open two more new checkpoints, the report said.

In the railway transportation direction, active work is being carried out both in the Romanian and Moldovan directions, the deputy prime minister said. He recalled the resumption of the passenger trains’ movement on the border with Romania on the Rakhiv-Delovoye-Valia-Visheului section, as well as the works on the resumption of the passenger traffic at the Teresva border crossing point.

As it was reported at the meeting of the Exporters’ Office at UZ, a number of measures are also planned to increase the volume of cargo transshipment in the direction of the port “Izmail”. In particular, the reconstruction of dead-end tracks No. 8 and No. 9 at the station “Izmail” is planned by the end of the year. It is envisaged that UZ will perform the works at the expense of the investor. In 2024 it is planned to build an additional extraction track parallel to the existing No. 13 in the park “Izmail-Portovyi”. In addition, it is planned to build two marshalling tracks between tracks #11 and #15. There are plans to electrify the Artsiz-Izmail line with a length of 202 km.

“All our actions are aimed at achieving one goal – to provide as many opportunities as possible for Ukrainian exporters,” Kubrakov emphasized.

Deputy Prime Minister expressed gratitude to US sanctions coordinator Jim O’Brien, US Ambassador to Ukraine Brigitte Brink, European Commission Director General for Transport Magda Kopczynska, Romanian Minister of Transport and Infrastructure Sorin Grindian and Moldovan Minister of Agro-politics Vladimir Balea for their support.

He also recalled that recent Russian attacks on Ukraine’s port infrastructure destroyed more than 200,000 tons of grain.

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75% of Ukrainian citizens believe that men should be allowed to study abroad without hindrance, poll shows.

74.1% of Ukrainians believe that men between the ages of 16 and 25 should be allowed to study abroad without hindrance, according to a survey conducted by the Ilk Kucheriv Foundation for Democratic Initiatives and the Kyiv International Institute of Sociology.

In particular, when asked whether respondents agree or disagree with the statement that young men aged 16 to 25 should be freely released abroad to study in foreign secondary, vocational and higher educational institutions, 52.2% said they fully agree, 21.9% – mostly agree, 7.7% – mostly disagree, 10.7% – do not agree at all, and 7.5% found it difficult to answer.

The all-Ukrainian poll was conducted in the period from July 3 to July 17, 2023. A total of 2011 respondents aged 18 and older were interviewed by face-to-face method in the Ukrainian-controlled territories of Vinnytsia, Volyn, Dnipropetrovsk, Zhytomyr, Zakarpattya, Zaporizhzhya, Ivano-Frankivsk, Kyiv, Kirovograd, Lviv, Mykolayiv, Odessa, Poltava, Rivne, Sumy, Ternopil, Kharkiv, Khmelnytskyi, Cherkasy, Chernihiv, Chernivtsi regions and in Kyiv. The statistical error of the sample does not exceed 2.8%.

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