Ukraine, despite low prices on the global market, increased exports of most dairy products in May, both compared to April this year and compared to May 2023, Infagro, an industry information and analytical agency, reported.
According to experts, the reason for this is a significant increase in processing volumes against the backdrop of much weaker domestic sales growth than last year. Among the main commodity items, Ukraine exports the least amount of butter and cheese products. Exports of spreads, casein, and whey powder increased significantly compared to May last year.
At the same time, imports of dairy products (butter, rennet cheese, processed cheese) declined in May. Contrary to expectations, imports of cheese stopped growing. This is due to the upward trend in prices for milk and dairy products in Europe and, in particular, in Poland, the main supplier of this product to Ukraine, analysts explained.
“In June, exports of dairy products will increase further, while imports are likely to decline,” Infagro predicts.
As reported, in January-March 2024, Ukraine increased exports of dairy products by more than 40%. At the same time, imports decreased, but analysts urge domestic producers to pursue a reasonable pricing policy in order not to lose their positions in the domestic market.
Germany has strengthened the combat capability of brigade-type border guard detachments by providing 41 large vehicles, namely Mercedes Arocs trucks, the press service of the State Border Guard Service of Ukraine reports in a telegram channel.
“I and the entire State Border Guard Service are sincerely grateful to the Federal Government of Germany, the Ministry of Foreign Affairs of Germany, represented by Minister Annalena Burbock, for this initiative and real support of Ukraine and the border guard service,” said the head of the State Border Guard Service of Ukraine, Serhiy Deineko.
The trucks were solemnly handed over by Ambassador Extraordinary and Plenipotentiary of Germany to Ukraine Martin Jaeger. They will help improve logistics at the front.
Which brands are in the greatest demand?
A record 20.8 thousand electric cars were imported to Ukraine in 5 months of 2024. Despite the power outage, the demand for electric cars has grown 2.1 times over the year.
The number of electric cars is growing from year to year. This year, a record number of 20,785 such cars were imported. This is 2.1 times more than in the same period in 2023, when 9,736 electric cars were imported.
In total, electric cars account for 12.9% of the total number of imported cars.
Among all electric cars, TESLA is the most popular among Ukrainians – 4,742 cars. VOLKSWAGEN is in second place: 3,194 electric cars, and NISSAN closes the top three with 3,034 electric cars. The most popular models among electric trains are the NISSAN LEAF, TESLA MODEL 3 and VOLKSWAGEN ID.4.
Lviv region became the leader among the regions in the import of electric cars – 13.5%, followed by Kyiv (13.1%) and Odesa region (9.3%).
Zaporozhkoks, one of Ukraine’s largest coke and chemical producers, earned a net profit of UAH 399.840 million in 2023, which it retained as undistributed.
According to the minutes of the general meeting of shareholders held on April 30, a copy of which is available to Interfax-Ukraine, the meeting was attended by both shareholders – Metinvest B. V. (the Netherlands), which owns 57.2347% of the company’s shares, and Zaporizhstal, which owns 42.7653% of the shares.
The meeting approved the report of the Supervisory Board for 2023, recognizing its work as satisfactory. The shareholders also recognized the work of the company’s executive body as satisfactory, took note of the audit results and approved the results of the plant’s financial and economic activities for the past year, determined the procedure for distributing profits and gave preliminary consent to enter into significant transactions.
In addition, they amended the employment contract with the executive director.
According to the minutes of the other general meeting of shareholders of the company held on June 13 this year, a copy of which is also available to the agency, the meeting was attended by both shareholders – Metinvest B. V. (Netherlands) and “Zaporizhstal” Steel Works.
In January-March 2024, the company received a net profit of UAH 289 million 834,763 thousand, which it was decided to allocate to pay dividends for 2024. At the same time, almost UAH 2.43 of dividends are paid per ordinary share.
The Board of Directors of the company (Minutes No. 3 dated June 14, 2024) decided to establish the date of compiling the list of persons entitled to receive dividends, the procedure and term for their payment. The start date of dividend payment is July 1, 2024, and the end date of dividend payment is December 13, 2024 inclusive.
As reported, Zaporozhkoks earned a net profit of UAH 163.576 million in January-September 2023, while the same period in 2022 ended with a net loss of UAH 385.255 million. Retained earnings as of the end of September 2023 amounted to UAH 3 billion 131.849 million.
The plant ended 2022 with a net loss of UAH 249.382 million, while in 2021 it made a net profit of UAH 2 billion 997.541 million. In 2020, the plant increased its net profit by 72.2% year-on-year to UAH 166.436 million.
The company ships its products to the domestic market, Europe, Turkey, and Canada. The structure of chemical sales in 2022 was as follows: 50.4% – domestic market, 49.6% – exports.
“Zaporizhkoks has a full technological cycle of coke and chemical products processing.
Metinvest B. V. (the Netherlands) owns 57.2347% of the company’s shares, while Zaporizhstal owns 42.7653%.
The company’s authorized capital is UAH 1.193 million, with a share price of UAH 0.01.
“Metinvest is a vertically integrated mining group of companies. Its major shareholders are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage the company.
Metinvest Holding LLC is the management company of Metinvest Group.
According to the Opendatabot Index, the leading companies in the extractive industry earned more than UAH 365 billion last year. Their total revenue grew by 13% compared to the first year of full-scale operations. More than half of the total revenue of the top companies is accounted for by 2 state-owned companies. Another 6 companies belong to Rinat Akhmetov’s SCM Group.
UAH 365.26 billion was the total revenue of the mining industry leaders in 2023, according to according to the Opendatabot Index. This is even 11% more than before the start of the full-scale war.
This year’s Index is led by state-owned Ukrnafta, which increased its revenue by 2.3 times in 2023 to UAH 95.17 billion. This is 26% of the total revenue of the top 10 extractive industries. In addition, Ukrnafta also made the largest profit among the top 10 companies: UAH 25.74 billion.
Last year’s leader, Ukrgasvydobuvannya, moved to second place. Despite the fact that the company managed to increase its revenue by 9%, its net profit decreased 19 times to UAH 3.14 billion in 2023. Ukrgasvydobuvannya’s main activity is natural gas production.
In total, these two state-owned companies earned half of the total income of the leaders of the extractive industry: UAH 189 billion.
Another 41% of the leaders’ revenue was shared by six companies of Rinat Akhmetov’s SCM Group: UAH 149.67 billion. Five of them made a net profit of UAH 32.35 billion. Only Central GOK suffered a loss of UAH 1.33 billion.
Among the SCM Group companies that increased their revenues in 2023 are Northern GOK (+44%), Svyato-Varvarinskaya Concentrator (+32%) and Pokrovskoye Mining Group (+14%). At the same time, revenues of Naftogazvydobuvannya and Central GOK decreased by 35% and 31%, respectively, and DTEK Pavlohradvuhillya decreased by 6%.
The Index also includes two companies, FERREXPO AG, associated with Konstantin Zhevago. Their total revenue for 2023 decreased by almost a third compared to 2022: Poltava Mining by 33% and Yeristovo Mining by 32%. However, these two companies managed to generate a combined profit of UAH 970.7 million.
In total, nine out of ten companies included in the Index managed to make a profit last year, amounting to UAH 62.11 billion. For comparison, in 2022, only 6 out of ten companies were profitable.
Who dropped out of the top?
This year’s Index did not include Inguletsky GOK, whose revenue decreased by 32%, and Ukrnaftoburinnya (-38%), which was previously part of the group of companies owned by Ihor Kolomoisky and became state-owned by a court decision. Currently, Ukrnaftoburinnya is managed by Ukrnafta.
https://opendatabot.ua/analytics/index-mining-industry-2024
extractive industry, RINAT AKHMETOV, SCM, UKRGASVYDOBUVANNYA, UKRNAFTA
Ukraine’s national team has successfully competed at the European Aquatics Championships in Belgrade, where our athletes won five different medals, including two golds, and took seventh place in the unofficial medal standings, Suspilne.Sport reported on Sunday.
The tournament featured awards in four sports: swimming, diving, open water swimming, and artistic swimming. On the seventh day of the competition, the Ukrainian national team won two gold, one silver and two bronze medals.
In total, our athletes reached 14 finals of the competition. The first gold medal was won by Oleksandr Zheltiakov, who won the 200-meter backstroke for the first time in his career. Mikhail Romanchuk also won gold in the 800-meter freestyle. In the other final, he took silver in the 1500 meters, losing only to Turkey’s Kazey Tunceli. Vladislav Bukhov finished third in the 50-meter freestyle. Another bronze medal was earned by Oleksandr Zheltiakov, Volodymyr Lisovets, Arsenii Kovalev and Ilya Lynnyk in the 4×100-meter medley relay.
Euro 2024 swimming, awards of the Ukrainian national team:
“Gold: Alexander Zheltiakov (200 m, backstroke), Mikhail Romanchuk (800 m, freestyle)
“Silver: Mikhail Romanchuk (1500 m, freestyle)
“Bronze: Vladyslav Bukhov (50 m, freestyle), Oleksandr Zheltiakov, Volodymyr Lisovets, Arsenii Kovalev, Ilya Lynnyk (4×100 meters, complex)
Euro 2024 is the last major international swimming tournament before the Summer Olympics in Paris. Four Ukrainians have Olympic licenses: Mykhailo Romanchuk, Vladyslav Bukhov, Oleksandr Zheltiakov and Denys Kesil.
