Business news from Ukraine

Business news from Ukraine

Full list of energy equipment for preferential imports into Ukraine published

The list of import goods that will be imported to Ukraine without payment of import duty and VAT for winter included: electric generating sets, transformers, electric batteries, equipment for switching or protection of electric circuits or for connection to electric circuits for voltage over 1000 V, consoles, panels, distribution boards, equipment and devices for water filtration or treatment.
The Economy Ministry said Friday that the relevant Cabinet of Ministers decree No. 1260 to expand the list of preferential imports in connection with the Covid epidemic was made public on the government website on Friday.
The Ministry of Economy clarified that the relevant tax changes were initiated on the instructions of Ukrainian President Vladimir Zelensky.
According to the Ministry, the abolition of VAT and import duties will reduce prices and saturate the Ukrainian market with goods that will help citizens and businesses to survive periodic power outages this winter season.
At the same time, according to deputy head of the Verkhovna Rada Committee on Economic Development Dmitriy Kisilevskyy, even before the abolition of import duties and VAT on such goods, the government should have gathered domestic producers of this equipment and provided them with priority access to credit 5-7-9%, canceled the duties on components and raw materials and formed a reserve fund of equipment and materials.
“The government is implementing the abolition of import restrictions solely on finished products – without components and raw materials, not to mention other steps. As a result, a generator produced in Ukraine will, by definition, be 20-30% more expensive than an imported one,” the MP wrote in a column in NV.
According to him, in the absence of such steps, the adopted import privileges are an unbalanced policy.
As the MP specified to the Interfax-Ukraine news agency, among Ukrainian producers of such products are, in particular, Power Generation LLC, Geko-Center, Compressors International, Hyatt Ukraine, Darex-Energo and Equiwes.

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US to announce next military aid package to Ukraine in coming weeks – Biden’s advisor

The United States continues to help Ukraine and will announce another military aid package in the coming weeks, U.S. Presidential National Security Adviser Jake Sullivan told reporters Sunday.
“We remain stable in providing security assistance. You know about the one aid package that we just announced, there will be another (aid package) in the next few weeks, about a similar time frame and the same amount that we’ve been sticking to over the last few weeks and months,” Sullivan told reporters aboard a flight from Vietnam to the G20 summit in Bali.
“We are also consulting with Congress about additional resources for next year,” the Biden adviser added.
Sullivan is accompanying President Joe Biden on visits to Cambodia and Indonesia, where he has attended U.S.-ASEAN and East Asian summits, and where he will attend the G20 summit in Bali.
Earlier this week, U.S. Secretary of State Anthony Blinken said he had authorized a $400 million new shipment of weapons to Ukraine at the president’s behest.
The Pentagon informed that the delivery would include Hawk air defense missiles, four Avenger surface-to-air missile systems equipped with Stinger missiles, additional ammunition for HIMARS multiple-launch rocket systems, 21,000 155 mm artillery shells, 500 high-precision 155 mm artillery shells, cold weather gear and other military equipment.
A U.S. Department of Defense press release noted that the new U.S. aid package to Ukraine was the 25th since August 2021. In total, since the beginning of President Joe Biden’s administration, the United States has provided Kiev with military assistance worth over $19.3bn.

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By November 11 Ukraine has already harvested 58 million tons of major crops

Ukrainian agrarians harvested 58.11 million tons of major crops from the total area of 16.08 million hectares by November 11, with 5 million tons harvested from 0.94 million hectares during the 4-11 November period, the website of the Ministry of Agrarian Policy and Food Products said on Friday.
The report specifies that during the week the total area of agricultural land, from which the crops were harvested, increased by 4 percentage points (p.p.) – up to 76% of the previously planned areas.
In terms of crops harvesting of wheat, barley, peas and rapeseed is completed. Millet was harvested at 95% (no change within a week), buckwheat – 95% (no change), sunflower – 93% (+6 p.p.), soybeans – 91% (+6 p.p.), sugar beet – 83% (+10 p.p.), corn – 39% (+9 p.p.).
According to Ministry of Agricultural Policy, the final yield of wheat in the current season amounted to 19.2 million tons from 4.7 million hectares, barley – 5.5 million tons from 1.6 million hectares, rape – 3.1 million tons from 1.96 million hectares, pea – 261 tons from 111.5 thousand hectares.
In addition, by November 11, a total of 9.5 million tons of sunflower (+0.5 million tons per week) from 4.4 million hectares (+0.3 million ha), 9.6 million tons of corn (+3.3 million tons) from 1.6 million hectares (+0.5 million ha), 7.3 million tons of sugar beets (+0.9 million tons) from 149 thousand hectares (+44 thousand hectares), 1 million hectares of rape from 1.6 million hectares (+0.5 million ha) and 2 million hectares of peas (+0.5 million ha) were yielded. ha (+44 thousand ha), 3.4 million tons of soybeans (+0.3 million tons) from 1.4 million ha (+0.1 million ha), 153 thousand tons of buckwheat (+2 thousand tons) from 112 thousand ha (+1 thousand ha), and 98 thousand tons of millet (no change) from 42.6 thousand ha (no change).
According to the Ministry, the average yield of all crops in the current season was 42.4 c/ha, including corn – 58.3 c/ha, wheat – 41.2 c/ha, barley – 35.1 kg/ha, rape – 28.9 kg/ha, soybeans – 24 kg/ha, peas – 23.4 kg/ha, millet – 23.1 kg/ha, sunflower – 21.9 kg/ha, buckwheat – 13.6 kg/ha, sugar beets – 489 kg/ha.
As reported, Ukraine in 2021 harvested a record crop of cereals, legumes and oilseeds in the amount of 106 million tons: cereals and legumes – 84 million UAH, oilseeds – 22.6 million tons.
Last year a total of 32.4 million tons of wheat, 40 million tons of corn, 10 million tons of barley, 581.5 thousand tons of peas, 191 thousand tons of millet and 110 tons of buckwheat were harvested. Sunflower harvest amounted to 16.3 million tons, soybeans – 3.4 million tons and rapeseed – 2.9 million tons.

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“Ukrzaliznytsia” will launch a new route – Prague – Chop

Ukrzaliznytsia in cooperation with Czech carriers plans to launch a train from Prague to Chop.
As noted in the message in the telegram channel of Ukrzaliznytsia, the start date of this train will be announced additionally.
In addition, from December 11, 2022 will run trains: Vienna (Austria) – Chop and Kosice (Slovakia) – Chop.
In addition, the following trains run through the Chop station:
– No. 59/60 Kiev – Chop;
– No. 749 Kiev – Vienna;
– No. 4/3 Zaporizhzhya – Uzhgorod;
– No. 45/46 Uzhgorod – Kharkiv;
– No. 81/82 Kiev – Uzhgorod;
– No. 749/750 Kiev – Uzhgorod;
– No. 265/266 Kovel – Uzhgorod (newly appointed).

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No precipitation in Kiev on Monday-Tuesday

Moderately cool weather and fog in places are expected in Ukraine in the next 24 hours.
According to Ukrhydrometeocenter, Monday, November 14, in Ukraine without precipitation. Fog at night and in the morning in the western, Vinnitsa, Kiev and Zhytomyr regions.
Wind of alternating directions, 3-8 m/s. The temperature at night is 0-5 degrees of heat, during the day 3-8 degrees of heat, in the western and southern parts 9-13 degrees.
No precipitation in Kiev on Monday. Fog at night and in the morning. Wind of alternating directions, 3-8 m/s. The temperature at night is 1-3°C, while during the day it is 5-7°C.
According to the Central Geophysical Observatory. The highest daytime temperature of November 14 in Kiev (21.7°C) was in 2010, the lowest night-time temperature (-14.1°C) was in 1908.
On Tuesday, November 15, there are no precipitation in Ukraine. Fog at night and in the morning in the northern, central and southern regions. Wind is southwest, 3-8 m/s.
The temperature at night is from 2°C to 3°C frost, while during the day it will be 3-8°C in the Pre-Carpathian, Transcarpathian and Odesa regions, 9-14°C; in the eastern regions – 3-8°C frost at night, 0-5°C during the day.
No precipitation in Kiev on Tuesday. Fog at night and in the morning in some places. Wind is southwest, 3-8 m/s. The temperature at night is 0-2° warm, while during the day it is 6-8°.

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Two more vessels with agricultural products left Chernomorsk

As part of the “grain initiative” on Saturday, November 12, two more vessels with 27 thousand tons of agro-products, which will be sent to Asian countries, left the port “Chernomorsk”, the press service of the Ministry of Infrastructure reported.
“On November 12, as part of the implementation of the “Grain Initiative”, 2 ships of 27 thousand tons of agricultural products, which will be sent to Asian countries, left the port “Chernomorsk”,” – said in the message.
Two more bulk carriers chartered by the World Food Programme of the United Nations have called at the ports of Velyka Odessa for loading with wheat for the people of Ethiopia, Yemen and Afghanistan.
Thus, in “Odessa” port 40 thousand tons of Ukrainian wheat for Ethiopia will be loaded on bulk carrier BOZBURUN M., and in “Chernomorsk” port the same amount of cargo will go to Yemen and Afghanistan by bulk carrier GOKOVA M.
“Now in the ports of Big Odessa 33 vessels are under processing. They are loaded with 920 thousand tons of Ukrainian agricultural products”, – says the report.
A total of 444 vessels have left the ports of Big Odessa since August 1, which exported 10.3 million tons of Ukrainian food to Africa, Asia and Europe.

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