Population forecast for Ukraine in 2030-2100
Source: Open4Business.com.ua and experts.news
In the first nine months of the 2023-2024 marketing year (MY), Kernel Agro Holding exported 1 million tons of sunflower oil in bulk to almost 30 countries, the company’s press service reported on Facebook.
“We remain the largest agricultural exporter of sunflower oil and are among the TOP-3 total exports of Ukraine,” the statement said.
According to the agroholding, about 50% of the total volume of sunflower oil was supplied to India, 8% to the UAE, 7% to China and Spain, 5% to Italy, and 2% to Iraq, Singapore, Switzerland, Turkey, and Hong Kong.
“To expand the export opportunities of the entire industry, last year we started offering our infrastructure capacities to other agricultural producers in the market. At the company’s terminals in Odesa region, we provide transshipment services for grain crops and vegetable oil,” Kernel said.
In addition, the agricultural holding is completing the construction of one of the largest oil extraction plants in Europe in Starokonstantinov, Khmelnytsky region. Its processing capacity will be 1 million tons of seeds per year.
“This will allow us to increase the export of vegetable oil, a value-added product, and support agricultural producers in the region by providing them with opportunities to sell their products,” the agricultural holding explained.
As reported, Kernel processed 816 thsd tonnes of sunflower seeds in the third quarter of fiscal year (FY) 2024, up 10% year-on-year.
At the same time, sales of sunflower oil in January-March 2024 increased by 44% year-on-year to 394 thsd tonnes, totaling 1,103 thsd tonnes in the first nine months of 2024.
Before the war, Kernel Agro Holding was the world’s leading producer of sunflower oil (approximately 7% of global production) and its exports (approximately 12%). It is one of the largest producers and sellers of bottled oil in Ukraine. In addition, it is engaged in the cultivation and sale of agricultural products.
Kernel’s net profit for FY2023 amounted to $299 million, while the company ended the previous year with a net loss of $41 million. The agricultural holding’s revenue for FY2023 decreased by 35% to $3.455 billion, but EBITDA increased 2.5 times to $544 million.
In the first half of FY2024, Kernel’s net profit fell 3.6 times compared to the first half of FY2023, to $102 million, and EBITDA halved to $223 million, with revenue down 16% to $1.59 billion.
Almost 31 thousand sole proprietorships ceased operations in the first 4 months of 2024. The most frequently closed businesses are in Kyiv, Kharkiv and Dnipro regions. More than 23% of newly established businesses closed in 2024.
30,904 businesses ceased operations in the first 4 months of 2024. However, the number of new businesses opened is twice as high – more than 74 thousand in the first quarter of this year.
The most frequent closures are in the retail sector – 10,773 (34.9%). Computer programming and wholesale trade are also in the top three, with 10.1% and 6.2% respectively.
Kyiv has the highest number of businesses closing – more than 3,800 or 12.4%. The second place in the anti-rating is occupied by Kharkiv region – almost 2.4 thousand businesses (7.7%). And Dnipropetrovs’k region closes the top, where almost 2.4 thousand businesses, or 7.7%, have also ceased their activities.
Odesa and Lviv regions are also in the anti-top, with 7.7% and 6.8% respectively.
More than 23% of the newly created PEs last year ceased operations in 2024, which is 7.3 thousand businesses.
The military units that protect Kharkiv and the region have already received or will soon receive funds from the city budget to purchase the necessary equipment, said Mayor Igor Terekhov.
“I am in close contact with the commanders of the units that defend the city and the region. I know their needs, and I must say that Kharkiv has already allocated funds to some brigades, and in the near future will transfer money to our other defenders. We are talking about millions and millions so that the military can buy what they need to destroy the enemy,” Terekhov wrote on his telegram channel.
He also called on local businesses and MPs to financially support the region’s defenders.
“I also call on local businesses, members of the city council, members of the regional and district councils of the region, as well as members of the Verkhovna Rada of Ukraine from Kharkiv and the region to contribute their money to the defense of the city and the region,” Terekhov wrote.
Source: https://t.me/ihor_terekhov/1317
Speaker of the Verkhovna Rada Ruslan Stefanchuk and Speaker of the Grand National Assembly of Turkey Numan Kurtulmuş discussed the intensification of interparliamentary cooperation.
“The current high level of inter-parliamentary relations is an important component of the common relations between our countries, which is supported by our presidents, governments and peoples,” the press service of the Verkhovna Rada’s apparatus quoted Stefanchuk as saying at a meeting with Kurtulmuş in Ankara on Tuesday.
The two sides also discussed the work of friendship groups and the acceleration of contacts between parliamentary committees, in particular, on international affairs and national security and defense.
Stefanchuk noted Turkey’s role in the creation and activities of the International Crimean Platform and emphasized that he looks forward to Kurtulmuş’s personal participation in the third parliamentary summit of the International Crimean Platform.
“Turkey, which has been supporting Ukraine’s sovereignty, independence and territorial integrity since the first days of the full-scale invasion, is doing enough to achieve a sustainable and just peace,” Stefanchuk said, emphasizing the importance of implementing the Peace Formula of Ukrainian President Volodymyr Zelenskyy.
He emphasized that Ukraine looks forward to Turkish President Recep Tayyip Erdogan’s participation in the Global Peace Summit in Switzerland.
For his part, Kurtulmuş noted that Turkey supports Ukraine in its struggle for independence and sovereignty.
“We express our support for Ukraine in returning all the occupied territories, not only Crimea, and we stand for a sustainable and just peace,” Kurtulmuş said.
He expressed hope for a speedy end to the war and a transition to the stage of Ukraine’s recovery, in which Turkey will help Ukraine.
As reported, Stefanchuk is on an official visit to Turkey on May 13-15.