Business news from Ukraine

Business news from Ukraine

US allocates $4.5 bln to Ukraine through World Bank

The World Bank Group on Monday, August 8, announced an additional $4.5 billion in grant funding to Ukraine from the United States under the PEACE project, which aims to help the government meet urgent needs caused by the ongoing war.
The United States, through the United States Agency for International Development (USAID), in coordination with the U.S. Treasury Department, is providing an additional $4.5 billion in direct budgetary support to the government of Ukraine to help mitigate the severe budget deficit caused by Putin’s brutal military aggression. USAID release.
According to him, the government of Ukraine will receive funding in tranches, starting with a payment of $3 billion in August.
The World Bank indicates that the additional funding will help maintain the government’s ability to perform core functions at the national and regional levels.
In particular, the funds will help the government of Ukraine cover social benefits, medical services and pensions that are necessary for the well-being of the country’s citizens and mitigating the social and economic consequences of the war.
“Ukraine needs the continuation of public services, including health care, education and social protection, to prevent further deterioration of living conditions and poverty,” World Bank Group President David Malpass said in the release.
He thanked the United States for its continued support through the World Bank’s rapid support mechanisms and for a generous grant that will greatly support the Ukrainian people.
The bank clarified that the additional funding is in addition to the $1.49 billion Investment Project Financing (IPF) approved in June 2022. To date, the World Bank has mobilized almost $13 billion in emergency funding, including commitments and pledges from donors, to support the continuation of essential public services in Ukraine and mitigate the effects of the war. As of the end of July 2022, more than $6.3 billion has been disbursed from this funding.

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Germany from September 1 changes rules of stay for citizens of Ukraine

The Federal Council of Germany has published a decision to change the rules for the stay of Ukrainian citizens in the country from September 1, 2022.

According to the decision of the government, from September 1, for citizens of Ukraine, the registration of the time spent in the country begins. All days of stay will be taken into account, starting from February 24. Those Ukrainians who stay in Germany for more than 90 days will have to receive temporary protection status or leave the country for the next 90 days.

At the same time, Ukrainians who arrive in Germany after September 1, 2022 will also be able to legally stay in the country for 90 days without having to apply for registration of temporary protection status.

Registration for citizens of Ukraine will be open throughout the war.

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Registrations of imported used foreign cars in Ukraine in July fell by almost half compared to June

In July of this year, 45.8 thousand used cars were added to the Ukrainian car fleet, which is 16% less than in July last year, and also 46% less than in June this year (the last month of preferential customs clearance) .
According to the information of the association “Ukravtoprom” in the Telegram channel, the lion’s share (75%) were registrations of cars older than 10 years, 15% – from 6 to 10 years, 10% – under 5 years old.
Most used cars in July were issued in the Lviv region (14% of the total), Volyn registration received 11% of cars, the third result was in the Rivne region – 8% of registrations.
Most often, Volkswagen cars are still registered, with 2.8 thousand used Volkswagen Passats and 2.7 thousand used Volkswagen Golfs registered in July. They are followed by Renault Megane – 2.2 thousand units, Skoda Octavia – 1.7 thousand units, Ford Focus – 1.3 thousand units.
In total, according to Ukravtoprom, in January-July, 310.2 thousand used cars were registered in Ukraine, which is almost a quarter more than in the same period last year.
According to the State Customs Service, given in the message, for the entire period of benefits (April-June 2022), almost 237 thousand vehicles were imported into Ukraine, including 9.272 thousand cars in July, of which 9.249 thousand were used.
As reported, the initial registration of new passenger cars in January-July amounted to 21.5 thousand units. – 63% less than a year earlier, including 3,648 thousand cars registered in July – 63% less than in July 2021, but 26% more than in June 2022.

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Centravis launches second pipe production line

PrJSC Centravis Production Ukraine, which is part of the holding Centravis Ltd., continues the production process and launched the second pipe production line. “Centravis continues to work. Since Monday, the hot and cold shops of the enterprise have been working in two shifts. All key equipment is working,” Chief Sales Officer (CSO) Artem Atanasov said in a letter to customers on Friday.
At the same time, the company also continues to work on key resource-saving projects.
“Production is provided with pipe billets and all necessary materials,” he said in the letter.
He added that the logistics team is actively working to safely deliver products to customers. Sales offices around the world in Essen, Milan, Krakow, Lugano, Houston and Dubai are open, financial and administrative customer support departments also continue to work.
Centravis is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnipropetrovsk region). It is included in the top 10 global players, supplies pipes to more than 70 countries from different regions, in particular to Thyssenkrupp, Buhlmann, BMW, Alstom, Linde, Samsung, Volkswagen.

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Ukraine plans to reach transshipment of 3-5 ships with grain per day

The opportunity to use all three seaports of Big Odesa within the framework of the Istanbul Grain Initiative will help increase transshipment volumes to three or five vessels a day within two weeks, Infrastructure Minister Oleksandr Kubrakov has said.
“Our goal is to increase transshipment in ports. Within two weeks we plan to reach the transshipment volume of three or five vessels per day,” the Ukrainian Sea Ports Authority (USPA) quoted him as saying in connection with the departure of the first vessel from the port of Pivdenny – Sacura with 11,000 tonnes of soybeans for Italy on Monday.
Earlier, as part of the grain initiative, eight vessels with corn, sunflower seeds and sunflower oil with a total tonnage of over 250,000 tonnes left the ports of Odesa and Chornomorsk. Four of them with 84,500 tonnes have already arrived in Istanbul and have been or are being tested by the Joint Coordination Center.
Together with the vessel Arizona, which also left Chornomorsk for Turkey on Monday, carrying 48,500 tonnes of corn, the total number of vessels reached 10, and their tonnage was about 310,000 tonnes.
In addition, within the framework of the Istanbul Grain Initiative, the first vessel for loading since the beginning of the war has already arrived in the Ukrainian port on August 7, and the second on the same day was inspected by the Joint Coordination Center near Istanbul.
“We are working with the guarantors of the agreements so that the grain corridor works smoothly and all the requirements for shipping are met,” Kubrakov said.

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Kharkiv region received a batch of Pfizer vaccines against coronavirus, Janssen vaccines are expected

Kharkiv region is provided with CoronaVac vaccine, in addition, the region received a batch of Comirnaty Tris vaccines from Pfizer and a batch of Janssen vaccines is expected, the press service of the regional military administration reports.
“The region has received 14,000 doses of the Comirnaty Tris vaccine from Pfizer. More than 6,000 doses of the Janssen vaccine are also expected. In addition, today the region is supplied with the CoronaVac vaccine in sufficient quantities,” the message says.
According to the director of the HOVA Health Department Maxim Khaustov, in Kharkiv you can get vaccinated in polyclinics, in the region – in other medical institutions. You can get both the first or second dose, as well as a booster or additional. The technical possibility of entering the new Comirnaty Tris vaccine into the Electronic Health System and uploading updated covid certificates to Diya will become available from next week.
Khaustov noted that a new wave of COVID-19 is already beginning in Europe and urged residents of the region to get vaccinated.
“I remind you that the only effective way to counter the disease is vaccination … Depending on which vaccine was made first, you can do a booster dose of both Janssen, which is a vector vaccine, and Comirnaty Tris, which is an mRNA vaccine,” Khaustov said. .
According to him, since the beginning of the vaccination campaign in the region, about 2 million 850 thousand vaccinations have been made, while more than 1 million 100 thousand people have been vaccinated with two doses. Since February 24, 50,000 vaccinations have been made in the region, of which about 40,000 are booster doses.
Since February 24, 20 people have died from complications caused by COVID-19.

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