Business news from Ukraine

Business news from Ukraine

CANCELLATION OF EU DUTIES FOR UKRAINE CAME INTO FORCE

Regulation of the European Parliament and Council No. 2022/870 on temporary trade liberalization measures, exempting Ukrainian exports from duties for a year, came into force on Saturday, the Ministry of Economy reported.
“This decision complements the opportunities that our exporters have in accordance with the Association Agreement between Ukraine and the EU. Now the tariffs prescribed in the Agreement will be temporarily suspended,” the agency said.
It clarified that these were duties for industrial products; suspension of the application of the entry price system for fruits and vegetables and all tariff quotas for agricultural products; and the suspension of anti-dumping duties on imports of goods originating from Ukraine and the application of global safeguard measures in relation to Ukrainian goods.
In turn, the liberalization of trade relations implies that Ukraine will comply with European rules: the origin of goods and related procedures under the Association Agreement; refraining from any new restrictions on imports from the EU; Ukraine’s respect for democratic principles, human rights and fundamental freedoms, the rule of law, and the fight against corruption.
“These new rules will be in effect for a year and will help Ukrainian producers and exporters withstand the pressure of the war and strengthen their positions in the European market,” the Ministry of Economy stressed.
It indicated that the EU is now Ukraine’s largest trading partner. In 2021, the European Union accounted for 39% of the total trade volume of our state. The volume of trade increased by 35% and amounted to $62.5 billion.
Ukraine exports to the European Union, primarily ferrous metals, ores, electrical machines, oil and grain. “We expect that trade liberalization will help our exporters strengthen their positions in these and other commodity niches,” the Ministry of Economy added.

3 MILLION REFUGEES FROM UKRAINE RECEIVED TEMPORARY PROTECTION STATUS IN EUROPE

The number of refugees from Ukraine registered for temporary protection or similar national protection schemes in Europe stood at 2.93 million as of the end of May 2022, the Office of the United Nations High Commissioner for Refugees (UNHCR) said in its site.
According to his data collected from national governments, Poland has the most refugees with this status – 1 million 142.96 thousand, while 3.792 million people arrived in the country from Ukraine, according to the Polish border service, from the beginning of the war to June 2 , and in the opposite direction departed to Ukraine 1.795 million.
Following are the Czech Republic and Germany, where the number of refugees registered for temporary protection from Ukraine amounted to 361.42 thousand and 329.34 thousand, respectively.
The UN, referring to government data, indicates that in total in Germany, where Ukrainians are allowed to stay without registration until the end of August, 780,000 refugees from Ukraine were recorded. So, based on the data presented, less than half of them applied for temporary protection status in this country.
In the Czech Republic, the situation, according to UN information, is different: almost all arrivals applied for protection status – 361.42 thousand out of 361.56 thousand.
In the vast majority of other countries, the picture is similar to the Czech Republic: the statistics of registered refugees is completely or almost equal to the statistics of those who applied for protection status, which is probably due to the peculiarity of their registration. An exception, similar to Germany, is only Romania – 33.22 thousand with the status of 84.47 thousand refugees registered in the country, Estonia – 25.69 thousand out of 39.8 thousand and Italy – 97.31 thousand out of 125 .91 thousand
In addition to Poland, the Czech Republic, Germany and Italy, more than 50 thousand refugees from Ukraine have also registered for temporary protection status in Spain – 109.47 thousand, Slovakia – 78.57 thousand (out of 270 thousand net inflows across the border since the beginning of the war) , Austria – 68.75 thousand, the Netherlands – 60.02 thousand, Lithuania – 53.89 thousand and Switzerland – 50.1 thousand.
Following are Belgium – 44.65 thousand, France – 43.3 thousand, Portugal – 39.79 thousand, Sweden – 38 thousand, Great Britain – 37.4 thousand, Ireland – 32.42 thousand and Denmark – 27.21 thousand, as well as the above-mentioned Romania and Estonia.
From 10 to 25 thousand refugees from Ukraine with the status of temporary protection in Finland – 24.46 thousand, Latvia – 23.38 thousand, Hungary – 23.35 thousand, Norway – 16.71 thousand, Greece – 13, 4 thousand, Croatia – 13.37 thousand and Cyprus – 11.98 thousand.
In addition, in the UN statistics on those who received the status of temporary protection, Ukrainian refugees are represented in Slovenia – 6.94 thousand, Luxembourg – 5.4 thousand, Montenegro – 2.53 thousand, Iceland – 1 thousand, in Malta – 0.92 thousand, in Serbia and Kosovo – 0.62 thousand and Liechtenstein – 0.19 thousand.
In addition, the table contains data from Bulgaria, possibly entered with an error: according to them, 78.71 thousand refugees from Ukraine were recorded there, but 110.62 thousand received protection status.
The UN also indicated the countries in which refugees from Ukraine were recorded, but there is no data on their obtaining status: Moldova – 87.72 thousand, Turkey – 85 thousand, Georgia – 19.69 thousand, Azerbaijan – 5.06 thousand. , Albania – 1.34 thousand, North Macedonia – 1.13 thousand, Bosnia and Herzegovina – 0.36 thousand and Armenia – 0.3 thousand.
Separately, it is worth mentioning Russia and Belarus, the Ukrainian border with which was crossed by 1 million 41.1 thousand and 16.65 thousand people, respectively. The UN information indicates that in the Russian Federation all those who crossed the border were recorded, while in Belarus – less than half. There is no data on any status of these people, as well as data on crossing the border of Ukraine in the opposite direction.
In total, according to the UN, 6.98 million people have left Ukraine since the beginning of the war, while, according to the State Border Service of Ukraine, about 2.5 million have returned. According to this information, the net outflow since the beginning of the war can be estimated at about 4.5 million people, including to Russia – more than 1 million people.

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UKRAINIAN POPULATION BY REGIONS AS OF FEB 1, 2022 (GRAPHICALLY)

Ukrainian population by regions as of Feb 1, 2022 (graphically)

SSC of Ukraine

“DNEPROSPETSSTAL” LAUNCHES PRODUCTION OF STAINLESS STEEL

The Dneprospetsstal electrometallurgical plant (Zaporozhye) has resumed production, including for the purpose of supplying stainless steel to PJSC Centravis Production Ukraine (Centravis Production Ukraine), which is part of the Centravis Ltd holding.
“There is news from our main billet supplier, Dneprospetsstal. On May 29, we launched work and started producing billets for Centravis. The planning department keeps abreast and redirects the metal for production and order fulfillment at lightning speed,” he said in a letter to customers ” Centravis” Chief Sales Officer (CSO) Artem Atanasov on Friday.
At the same time, he noted that the aggressor continues to inflict missile and air strikes on the military and civilian infrastructure of Ukraine. On the night of June 2, Russian troops again fired at the areas of the Dnepropetrovsk region, bordering on the Kherson region.
“Fortunately, the situation in Nikopol is under control, all departments are functioning, the necessary services are being provided. Production processes at Centravis continue. Despite the howling of sirens, the cold and hot shops are working to fulfill plans and produce pipes on time,” the letter states. .
And it is added that the company’s logistics team is actively working and constantly looking for the best and safest ways to deliver finished products. This is done by members of the board of directors who continue to work in Ukraine.
There are also Centravis sales offices around the world – in Essen, Milan, Krakow, Lugano, Houston and Dubai.
“Summing up the results of May, I would like to note the successful completion of the audit of pipes for the Hinkley Point C nuclear power plant (UK). Representatives of Buhlmann and Bilfinger highly appreciated the quality of the pipes, which fully comply with the requirements of RCCM and EN standards. The Centravis team is proud of its participation in the project, which makes the world a better place and our planet cleaner,” the sales director emphasizes in the information.
And it is added that the company will never get tired of thanking for the support provided by customers. “Ukraine’s victory is inevitable!” the letter concludes.
“Centravis” is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnepropetrovsk region). Included in the top 10 world players. Before the Russian aggression, more than 1,400 people worked at the enterprise.
Holding Centravis Ltd. was created on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies LLC “Production and Commercial Enterprise “UVIS”. Its shareholders are members of the Atanasov family.
Owned by Centravis Ltd. 100% of the shares of PJSC “Centravis Production Ukraine” is located.
Dneprospetsstal is the only Ukrainian manufacturer of long products and forgings made of special grades of steel: stainless steel, tool steel, high-speed steel, bearing steel, structural steel, as well as nickel-based heat-resistant alloys.

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JANITORS, NURSES, PLUMBERS, ELECTRICIANS, SALES ASSISTANTS, DOCTORS, TEACHERS, PHARMACISTS MOST IN DEMAND IN KYIV

Janitors, nurses, plumbers, electricians, sales assistants, doctors, teachers and pharmacists are most in demand among employers in Kyiv, the Kyiv City Employment Center reports.
“Since the beginning of 2022, some 23,500 people have applied to the Kyiv City Employment Center for services. As of June 2, 14,400 unemployed are registered with the capital’s employment service (last year there were 16,200 on this date),” the information department of the Kyiv City Employment Center said in a statement.
It is noted that with the beginning of the full-scale invasion of Russia, the labor market of Kyiv has undergone changes, in particular, a significant number of employees of enterprises and organizations of the city were evacuated to the western regions of Ukraine and abroad or were mobilized into units of the Armed Forces of Ukraine and territorial defense, and many other residents moved to the capital, mainly from eastern regions.
So, as of June 2, there were 1,500 vacancies in the base of the capital’s employment service, and in general since the beginning of the year there were 15,400.
“Today, the most in demand among employers in Kyiv are janitors, nurses, plumbers, electricians for the repair and maintenance of electrical equipment, sales consultants, doctors, teachers, pharmacists,” the report says.
It is noted that the most paid vacancies are the professions of computer software engineer (UAH 110,000), computer software development specialist (UAH 110,000), software engineer (UAH 55,000), paramedic (UAH 32,000), head manager of the division (UAH 29,000), head of the financial department (UAH 23,000) and quality control manager (UAH 23,000).

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ENERGOATOM STARTS SUPPLYING ELECTRICITY TO MOLDOVA

National Nuclear Generating Company Energoatom has signed an export contract with the Moldovan state company Energocom, according to which it plans to supply 85,200 MWh of electricity to Moldova in June at a price of $77 per 1 MWh.
Energoatom has great potential to increase the production of electricity, so its export to Moldova, and subsequently to the neighboring EU countries, is an extremely promising area of the company’s trading activities,” the company said on its Telegram channel on Friday.
At the same time, thanks to the export, Energoatom will receive an additional source for financing of public service obligations (PSO), according to which the population is supplied with electricity.
As Energoatom said, Ukrainian exports will allow Moldova to diversify electricity supplies and strengthen the country’s energy security, since its power consumption largely depends on generation at the Moldavskaya State District Power Plant of Russia.
According to the results of daily auctions, on June 4 and on June 5, Energoatom bought 150 MW of interstate section towards Moldova on a flat schedule, another 200 MW on a flat schedule was bought by PJSC Ukrhydroenergo, which has been exporting electricity to Moldova since May 12.

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