Business news from Ukraine

Business news from Ukraine

December 1-2 in Kiev without precipitation, 0-2° of frost at night, 0-2° of heat in daytime

In Ukraine on the first day of winter will be without precipitation, in most parts of the territory, except for the south-east, fog, reports Ukrhydrometcenter. Wind of variable directions, 3-8 m/s. The temperature at night and in the afternoon from 2° frost to 3° heat (at night in the Carpathians 1-6° frost, during the day in the western regions and in the extreme south of the country 3-8° heat).
December 1 in Kiev is also without precipitation. Fog, wind of variable directions, 3-8 m/s. The temperature is about 0° at night, 1-3° warm during the day.
According to the Central Geophysical Observatory named after Borys Sreznevsky in Kiev. Borys Sreznevsky in Kiev on December 1, the highest daytime temperature was 13.0° in 1898, the lowest nighttime temperature was -20.6° in 1998.
Monday, December 2 in Ukraine is also without precipitation. In most parts of the territory, except for the southern part, at night and in the morning in some places fog.
Wind of variable directions, 3-8 m/s.
The temperature at night 0-5° frost, during the day from 2° frost to 3° warm; in the southern part and western regions at night about 0°, during the day 1-6° warm; in the Carpathians at night 5-10° frost, during the day about 0°. In Kiev on December 2, no precipitation.
The wind is variable, 3-8 m/s. The temperature is 0-2° frost at night and 0-2° warm during the day.

 

“Ukrzaliznytsia” together with Deloitte is working on development strategy until 2030

“Ukrzaliznytsia” (UZ), the monopoly state railway operator, together with consulting company Deloitte is working on a development strategy until 2030, which will be presented during the next quarter for public discussion, said a member of the supervisory board of UZ, presidential advisor on strategic issues Alexander Kamyshyn.

“I want business to understand, take part in its formation and then understand where this industry is moving. Because Ukrzaliznytsia is not just a company, it is an industry. And that is why this strategy will be discussed publicly and adopted publicly,” he said at the Infrastructure Day organized by the European Business Association in Kiev this week.
Kamyshyn also noted that together with the new team of the Ministry of Development of Communities, Territories and Infrastructure, a draft law on reforming the railroad industry was introduced, which gives seven years for this purpose.
At the same time, according to a member of the UZ nabsovet, who not so long ago led the railroad operator as head of the board, the process of reforming Ukrzaliznytsia continues now. He specified, in particular, that today the next two companies are next in line to be separated within the internal organizational structure of UZ.
“All the necessary amount of work that needs to be done at the level of Ukrzaliznytsia, in order to reform, will be done”, – said Kamyshyn.
He noted that he will be an active member of the supervisory board of UZ.
“For me, the main focus is to return the pace of development of the railroad and show everyone that the railroad can move fast and develop quickly,” – said the Presidential Advisor on strategic issues.

 

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Number of dead and wounded civilians in Ukraine from 24.02.2022 till 31.08.2024 un data

Number of dead and wounded civilians in Ukraine from 24.02.2022 till 31.08.2024 un data

Open4Business.com.ua

New study of agricultural land prices in Ukraine has been released

In October 2024, the price of agricultural land purchase and sale decreased by 0.7% compared to September and amounted to UAH 44.8 thousand per hectare, while the price of land for commercial farming fell by 1.5% to UAH 46.2 thousand per hectare, according to a study by the Kyiv School of Economics (KSE).
“Due to the stable exchange rate of the national currency in September-October 2024, prices in dollar terms also did not change significantly compared to the previous month,” the analysts said.
They pointed out that prices in October 2024 were 20.6% higher than in December 2023, before the land market was opened to legal entities.
“The opening of the land market for legal entities has significantly affected the cost of agricultural land. Legal entities pay at least 17% more for agricultural land than individual buyers, and individuals began to pay about 10% more for land than before the opening of the land market for legal entities,” KSE’s Land of Endurance study says.

Ukraine has exported almost 18 mln tons of grain since beginning of season

Ukraine has exported 17.978 mln tonnes of grains and pulses since the beginning of 2024-2025 marketing year (MY) as of November 28, of which 3.579 mln tonnes were shipped in November, the press service of the Ministry of Agrarian Policy and Food reported, citing the State Customs Service data.
According to the report, as of November 27, 2023, the total shipments amounted to 12.921 mln tonnes, including 3.681 mln tonnes in November.
The exports of all major crops in 2024-2025 MY are significantly higher than last year. Thus, since the beginning of the current season, Ukraine has exported 8.837 mln tonnes of wheat (5.755 mln tonnes in 2023-2024 MY), 1.856 mln tonnes of barley (870 thsd tonnes), 10.8 thsd tonnes of rye (0.9 thsd tonnes), and 6.976 mln tonnes of corn (6.07 mln tonnes).
The total export of Ukrainian flour since the beginning of the season as of November 28 is estimated at 31.3 thsd tonnes (in 2023-2024 MY – 49.2 thsd tonnes), including 28.6 thsd tonnes of wheat (47.1 thsd tonnes).

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Ukrainian farmers received €1.5 bln in grants from EU

During negotiations with representatives of the European Union in Ukraine, the Verkhovna Rada Committee on Agrarian and Land Policy discussed the prospects of receiving grants and financing for the Ukrainian agricultural sector, as well as the introduction of Common Agricultural Practice (CAP) after joining the European Union, MP Serhiy Labaziuk (For the Future party) said in a telegram channel.

Christian Ben Hell, Head of the Agriculture, Fisheries, Forestry and Food Safety Sector of the EU Delegation to Ukraine, informed that Ukrainian farmers have already received grants worth EUR 1.5 billion.

“My colleagues suggest not to tax pomegranates for farmers in any way, as this is actually humanitarian aid. The EU considers it incorrect to take part of it into the budget,” said the MP.

The participants of the meeting stated that the EU requirements for agriculture have been met by more than 71%. In the course of further adaptation of the European legislation, the MPs emphasized the need to introduce changes taking into account the interests of Ukrainian producers.

“Ukrainian farmers want to work with the European market, but this figure will be about 20%. The rest will be transit or export to other countries,” said Labaziuk.

The MPs also raised the issue of the blockade on the Ukrainian-Polish border.

“The committee returned to the issue of parity – whether we will have any problems or manipulations with the export of our products if we fulfill the EU requirements in good faith,” the parliamentarian summarized.

The meeting heard reports from Deputy Minister of Economy and Trade Representative Taras Kachka and Deputy Minister of Agrarian Policy and Food Oksana Osmachko.

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