The German sportswear and footwear retailer Adidas has reopened four stores in Ukraine, excluding retail outlets in Kyiv, the Ukrainian Retailers Association (RAU) has reported.
According to her, the Adidas & Reebok discount center in the Spartak shopping center and a separate chain store in Lviv, retail outlets in Uzhgorod and the Global shopping center in Zhytomyr have reopened. The online store has also reopened.
At the same time, the retailer did not provide information about the reopening of stores in Kyiv, the association notes. The official website of Adidas in Ukraine states that 18 stores in the capital are “temporarily closed”.
In Ukraine, the chain is managed by SE “Adidas-Ukraine”, owned by Adidas AG. According to the financial results of the DP for 2020, its revenue amounted to UAH 1.4 billion, net profit – UAH 58.5 million.
German Interior Minister Nancy Feser and Social Affairs Minister Hubertus Heil arrived in Ukraine on a visit, Spiegel reported on Monday.
“At the beginning of their journey, the politicians wanted to visit the war-torn city of Irpen,” the report says.
It is noted that for Feather and Heil this is the first visit to Ukraine since the beginning of a full-scale Russian invasion. In addition to the visit to Irpen, meetings are also planned with Ukrainian politicians, including with the Minister of Internal Affairs of Ukraine Denis Monastyrsky, the head of the State Emergency Service of Ukraine Serhiy Kruk, First Vice Prime Minister – Minister of Economy Yulia Sviridenko, Minister of Social Policy Oksana Zholnovich and Mayor of Kyiv Vitaliy Klitschko.
The State Agency for Highways of Ukraine (Ukravtodor), which placed its debut Eurobonds worth $700 million at a rate of 6.25% last June under state guarantees, after Ukraine announced a proposal for a two-year deferral of payments on its Eurobonds, is now time is also evaluating options for managing its obligations.
“After this assessment is completed, it is likely that bonds will be followed by a similar liability management exercise in the near future,” Ukravtodor said in a London Stock Exchange announcement on Monday.
Ukraine, in its offer to holders of its sovereign bonds to defer payments on them for two years, indicated that it expects a similar offer from state NPCs Ukrenergo and Ukravtodor for their Eurobonds issued under state guarantees.
In November last year, Ukrenergo placed, under state guarantees, debut five-year “green” Eurobonds worth $825 million with a yield of 6.875% and interest payments twice a year. The proceeds from the issue of Eurobonds were used to pay for electricity produced by RES generation.
As reported, on July 20, Ukraine proposed to holders of Eurobonds from August 1 to defer all payments on them and maturities for two years, while maintaining the current rates of return.
In addition, Ukraine’s international partners within the G7 and the Paris Club of creditors announced their readiness to suspend the payment of Ukraine’s debt until the end of 2023 with the possibility of extending the deferment for another year. They also urged private lenders to accept Ukraine’s offer to defer payments on its Eurobonds and change the terms of its GDP warrants.
According to the website of the Frankfurt Stock Exchange, on Friday, July 22, Eurobonds of Ukravtodor were quoted at a price of 17.64% of the face value, which is slightly lower than the quotations of sovereign Eurobonds of the same maturity year (about 20%).
Cash exchange rates in banks of regions of Ukraine
Region | USD1 | EUR1 | |||
Buying | Selling | Buying | Selling | ||
Min | 27.50 | 38.80 | 36.75 | 39.00 | |
Kyiv | Max | 38.50 | 39.70 | 38.90 | 40.50 |
Average | 37.91 | 39.19 | 38.13 | 39.63 | |
Min | 37.00 | 39.00 | 37.50 | 39.50 | |
Odessa | Max | 38.00 | 39.80 | 38.00 | 40.80 |
Average | 37.50 | 39.43 | 37.83 | 40.07 | |
Min | 37.50 | 38.80 | 37.70 | 39.48 | |
Lviv | Max | 38.70 | 39.49 | 39.05 | 40.30 |
Average | 38.34 | 39.14 | 38.62 | 39.70 | |
Min | 36.57 | 37.57 | 37.27 | 38.30 | |
Kharkiv | Max | 37.50 | 38.80 | 38.10 | 39.60 |
Average | 37.04 | 38.19 | 37.69 | 38.95 |
The musicians of the American group Imagine Dragons have become ambassadors of the UNITED 24 national brand platform and will promote the direction of medical care, President of Ukraine Volodymyr Zelenskyy said.
“The legendary Imagine Dragons have become ambassadors of the @u24_gov_ua platform. The group will promote the direction of medical care. And first, they will support the ambulance fundraiser launched by @FirstLadyOfUkraine,” the president wrote on his telegram channel on Friday evening.
Zelensky thanked the group for supporting Ukraine.
“In 2018, you visited our country for the first time. In 2022, you continue to do your best to make the voice of Ukraine sound throughout the world. Thank you for this!” he wrote.
As reported, on May 18, 2022, Zelensky signed a decree on the establishment of the UNITED 24 national brand and congratulated the first ambassador of this brand, the legendary Ukrainian football player and coach Andriy Shevchenko.
On June 7, the Ministry of Youth and Sports opened a special account with the National Bank of Ukraine for donations as part of the UNITED24 recovery fund initiative.
UN Secretary-General Antonio Gutierres, before signing documents within the framework of the initiative for the safe transportation of grain and food from Ukrainian ports, said that “the main attention in the preparation process was paid to what is more important for the people of the whole world.”
“It will bring relief to developing countries that are on the brink of bankruptcy and the most vulnerable people on the brink of starvation. And help stabilize world food prices, which were already at record levels even before the war,” he said on Friday in Istanbul .
“In particular, the initiative that we have just signed opens up trials for significant volumes of commercial food exports from three key Ukrainian ports in the Black Sea – Odessa, Chornomorsk and Yuzhny,” he said. At the same time, he stressed that “the shipment of grain and food supplies to world markets will help close the global gap in food supplies and reduce pressure on prices.”
The UN Secretary General acknowledged that “this agreement was not easy.” “From the very beginning of the war, I have emphasized that there is no solution to the global food crisis without ensuring full global access to Ukrainian food and Russian food and fertilizers. Today we have taken important steps towards this goal, but it has been a long way,” he said. .
He said, “We look forward to the Turkish government maintaining its decisive role going forward, and I assure that the United Nations will continue to be actively involved in the success of the agreement. We are stepping up efforts to ensure that the UN can fulfill their obligations.”
He also announced the creation of a joint coordinating center to monitor the implementation of the Black Sea initiatives.
According to Gutierres, as part of the initiative, “a task force led by the secretary general of the apparatus, Rebecca Greenspan, has focused its efforts on facilitating the unhindered access of food and fertilizer produced in the Russian Federation to world markets.”
“This is an unprecedented agreement between two sides involved in a bloody conflict. But conflicts continue, and people die every day, and fighting rages every day. The beacon of hope in the Black Sea today shines brightly thanks to the collective efforts of many people,” he said.