Official rates of banking metals from national bank as of July 06
One troy ounce=31.10 grams
PJSC “Philip Morris Ukraine” welcomes the actions of the Ukrainian authorities to restore the economy, improve the investment climate and business conditions, however, the company said that over the past few months it has been facing numerous unfounded claims from the authorities.
“Due to the stoppage of production in Ukraine, we refocused on imports and immediately faced more than a week of downtime of our products at customs due to bureaucratic procedures for calculating VAT on tobacco products. Then the work of our warehouses was paralyzed by actual inspections of the STS with baseless accusations. And any delay in the sale of our products means lost sales and, accordingly, unpaid excise tax, the volume of which can reach UAH 100 million daily,” said Maxim Barabash, CEO of the company, in a blitz interview with Interfax-Ukraine.
He noted that such delays are especially strange in the context of a full-scale invasion of the Russian Federation, when the country needs money due to a huge state budget deficit.
According to the company’s general director, representatives of the Economic Security Bureau (BEB) came to the Philip Morris warehouse in Kyiv on June 24 to conduct a search – an urgent investigative action that lasted several days, including during air raids.
“In our opinion, there were no legal grounds for a search of the BEB representatives. As a result, a batch of foreign-labeled cigarettes was temporarily seized. This product was produced before the war for the Japanese market and, due to obvious circumstances, cannot be exported. The product is legal stored in warehouses,” Barabash explained.
The head emphasized that such a situation interferes with the normal operation of the business and leads to a shortfall of millions of hryvnias in taxes by the state, and the company incurs significant time costs “for explaining obvious things.”
Another issue that the company is now solving is the disappearance of a large batch of cigarettes from the customs warehouse at one of the airports in Ukraine, which Philip Morris planned to export to Japan. Now the company finds out under what circumstances and where they disappeared, and does not exclude that the stolen cigarettes could already be on sale in the shadow market.
“In order for investors to be interested in participating in the recovery programs announced in Lugano, the authorities must take concrete steps so that businesses do not have to deal with such actions of government officials that we constantly face,” Barabash stated.
Philip Morris International, which includes PJSC “Philip Morris Ukraine”, is one of the world’s largest manufacturers of tobacco products.
The company has been operating in Ukraine for more than 20 years, owns a factory in the Kharkiv region. About 1.3 thousand people worked at the company’s enterprises before the Russian invasion. Before the war, the factory was an export hub for more than 20 countries, in particular such large markets as Japan and Egypt.
PJSC “Philip Morris Ukraine” in 2020 increased its net profit by 5% compared to 2019 – up to UAH 2.73 billion, assets increased by 18% over the year – up to UAH 11.51 billion, and retained earnings – by 55, 5%, up to UAH 7.79 billion.
The full flash interview with Maxim Barabash will be published on the main page of the website of the Interfax-Ukraine agency www.interfax.com.ua
Amazon received the Ukraine Peace Prize for supporting the country during the war unleashed by Russia, the award was presented by Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov during a meeting in Lugano (Switzerland).
“Amazon AWS has been actively supporting Ukraine since the beginning of Russia’s full-scale invasion. The company helped save our digital infrastructure during the war. In particular, the migration of Ukraine’s state registries and critical databases to the Amazon AWS cloud environment was critical. And from the very first days of the war, it banned the registration of new customers from Russia and Belarus,” the message on the Telegram channel of the Ministry of Digital Transformation says.
The ministry notes that Fedorov also discussed with Liam Maxwell, Director of Government Transformation at Amazon Web Services, further cooperation in the areas of digital lending and the post-war reconstruction of Ukraine.
“Maxwell noted that the company is ready to help with technological solutions for the digitalization of the public sector and the judicial system,” the ministry said.
Ukraine Peace Prize is an award introduced by the President of Ukraine for companies and corporations, governments, officials, world politicians who most support Ukraine and help in the fight against the Russian aggressor.
As reported, Google was the first to receive the Ukraine Peace Prize. This award was also received by Microsoft.
Dynamics of gold and foreign reserves of Ukraine from 2012 to 2022
NBU
Irish Prime Minister Micheál Martin has arrived in Kyiv to express support for the Ukrainian people, The Irish Times said.
Ireland will stand by Ukraine in the face of Russia’s “immoral and unprovoked war of terror,” Martin said ahead of his arrival in Kyiv this morning.
“The bombardment and attacks on civilians are nothing short of war crimes, and I will use my visit to express Ireland’s support for moves to hold those behind these attacks fully accountable,” Martin said.
The Prime Minister of Ireland has arrived in Kyiv, where he is expected to meet with Ukrainian President Volodymyr Zelensky. Martin will also discuss with the Ukrainian authorities how Ireland and the EU can support the current and future needs of the country.
The Irish government says that Martin will personally see the destruction due to bombing and targeted attacks on civilians during the invasion and occupation by Russian troops.
According to the statement, the prime minister “will reiterate Ireland’s full backing for continuing sanctions against Putin’s regime, for Ukraine’s path to full EU membership, as well as our commitment to work with EU colleagues to ensure the reconstruction of Ukraine.”
“The spirit and resolve of the Ukrainian people has inspired us all, and Ireland will provide every support for Ukraine’s path to full EU Membership, and continue to welcome and support civilians fleeing this war,” the prime minister said.
Martin was invited to Ukraine last month by President Zelensky.
The exact details of the visit last night were not released due to security concerns, but Martin was expected to travel to Kyiv by land from Poland.
National bank of Ukraine’s official rates as of 06/07/22
Source: National Bank of Ukraine
