Business news from Ukraine

Business news from Ukraine

EPIKUR CHICKEN BRAND CANCELS PRODUCTION LICENSE

Oleksiy Kovalenko, co-owner of PJSC Volodymyr-Volynska Poultry Farm (Volyn region), has canceled the license for the production of chicken at this enterprise under the Epikur brand due to disagreements with another co-owner of the company, Mykhailo Dobkin.
“I am withdrawing my Epikur from shelves. Otherwise, your money will increase the threat of war for you! The question is in Mykhailo Dobkin, who recently became a shareholder of the Volodymyr-Volynska poultry farm. Before he appeared I established the production of chicken without antibiotics and any rubbish under TM Epikur under my license and with my “epi-team,” Kovalenko wrote on Facebook.
Earlier, in an interview with Forbes, he said that the brothers Mykhailo and Dmytro Dobkin inherited 33% each in the charter capital of the company after the death of their father Mark Dobkin, after which the shareholders had divided views on doing business. He said that as of the beginning of February of this year, Kovalenko and his family owned 34% of the company’s shares, while Dobkins owned 66%.
“From recent publications and appeals from investigative journalists, I know that Dobkin is no longer just about toxic rhetoric, but about criminal cooperation with the “LPR”/Russia. Not words, but deeds. So cynical in relation to Ukraine that I immediately put an end to Volodymyr-Volynska poultry farm regarding Epikur. At the same factory, Dobkin produces the usual brand – Chebaturochka. I do not influence him, here everyone can vote with their wallet,” Kovalenko said.
He said that the production of chicken meat under the Epikur brand at the poultry farm was stopped.
“With the appearance of Dobkin among the shareholders, I began to take steps not to deal with him. It was supposed to introduce Epikur technologies in other industries and transfer production and supplies. So I’m acting in this way… but I can’t wait in such a situation,” he wrote.
In addition, Kovalenko promised to take factory employees into his team, who will decide to quit or be fired by its management.
Blogger Miroslav Gai wrote on Facebook early February of this year that Mykhailo Dobkin supplies chicken to the territory of the self-proclaimed “LPR” and “DPR.”
“The former mayor takes the finances for his own information campaign from the Volodymyr-Volynska Poultry Farm, which is controlled by the prosecutor’s office. It is the one that the prosecutor’s office suspects of illegally receiving UAH 34 million in budget support. It is the one that transferred poultry for millions of U.S. dollars to the eponymous firm (Volodymyr-Volynska Trade Company) from Kharkiv, which is headed by the way, by a resident of the so-called “LPR,” the blogger wrote on the social network.

PrJSC Volodymyr-Volynska Poultry Farm is a Ukrainian-Dutch enterprise, one of the five largest producers of chicken meat in Ukraine, occupying about 6% of the market.

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OVER 25,000 NEW COVID-19 CASES IN PAST 24 HOURS

Ukraine has recorded 25,062 COVID-19 cases, 37,432 recoveries and 297 fatalities in the past 24-hour period, the Ukrainian Health Ministry said on Wednesday.
“Ukraine saw 25,062 new confirmed cases of the coronavirus disease COVID-19 in a 24-hour period on February 22. New cases included 2,427 children and 665 medical workers. As many as 62,935 people have been inoculated against COVID-19. Of them, 16,844 received the first dose of a two-shot vaccine, and 27,071 the second one in this 24-hour period. As many as 598 people were given an additional dose, and 18,422 a booster dose. As many as 3,140 people have been admitted to hospitals, 297 patients have died, and 37,432 have recovered over the past 24 hours,” the Health Ministry’s press service said in the morning bulletin on Telegram.
Cumulatively, Ukraine has recorded 4,783,835 cases of COVID-19. The cumulative number of recoveries was at 4,023,033 as of Wednesday. The country’s COVID-19 death toll has climbed to 105,229.
Since the vaccination campaign began, 15,712,650 people have been inoculated in Ukraine. Of them, 15,175,097 have received two doses of a two-shot vaccine. As many as 27,458 people have been given an additional dose and 701,836 a booster dose, according to the Ukrainian Health Ministry.

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REVEALING INFORMATION: EXPLOSION IN OFFICE KYIV OF LAW FIRM MAY BE RELATED TO PROFESSIONAL ACTIVITIES

The explosion in the office of a legal association, which occurred on Tuesday night in Kyiv, may be linked to the professional activities of lawyers.
According to Interfax-Ukraine, the explosion occurred in the office of the Revealing Information legal association.
Managing partner Oleksandr Keyer told Interfax-Ukraine that the explosion may be related to the professional activities of the company’s lawyers, who are currently conducting several criminal cases.
“This is for sure related to work. I don’t yet understand what specific case, but it is 100% related to work. As a lawyer, I take a principled position in the proceedings. I am sure that these events occurred because of our principled position. Somewhere, some criminals decided to scare us so that we would change our principles and rules for representing the interests of the client,” he said.
At the same time, Keyer said that at present, he and the company’s lawyers have not received any threats or demands.
He also said that, according to law enforcement agencies, the grenade launcher from which the shot was made at the company’s office was Russian-made.
As reported, on Tuesday night, an explosion occurred in one of the buildings in the Shevchenkivsky district of Kyiv. According to the preliminary estimates, a shot was fired from an RPG-26 rocket propelled grenade. The explosion damaged the windows in the rooms of the lawyer association and the facade of the premises. No casualties are reported.
Criminal proceedings over hooliganism (Part 4 of Article 296 of the Criminal Code of Ukraine) have been initiated.

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UKRAINE RAISE UP STEEL PRODUCTION BY 0.7% IN JAN

Based on the results of the work of metallurgical enterprises in January of this year, Ukraine increased steel production by 0.7% compared to the same period in 2021, being 13th in the ranking of 64 countries – the world’s main producers of this product, compiled by the World Manufacturers Association steel (Worldsteel).
According to Worldsteel data released on Tuesday, in January 2022, a decrease in steel production was recorded by January 2021 in most countries of the top ten, except for India, the United States, Russia and Iran.
The top ten steel-producing countries in January was as follows: China (81.685 million tonnes, a decrease of 11.2% compared to January 2021), India (10.781 million tonnes, an increase of 4.7%), Japan (7.758 million tonnes, 2.1% less), the United States (7.266 million tonnes, 4.2% more), Russian Federation (6.570 million tonnes, 3.3% more), South Korea (5.980 million tonnes, 1.1% less), Germany (3.259 million tonnes, 1.4% less), Turkey (3.161 million tonnes, 7.8% less), Brazil (2.883 million tonnes, 4.8% less) and Iran (2.8 million tonnes, 20.3% more).
This is followed by Taiwan (China, 2.040 million tonnes, an increase of 2.2%), Vietnam (1.875 million tonnes, a decrease of 4.1%), Ukraine (1.851 million tonnes, 0.7% more), Mexico (1.520 million tonnes, 2.5% less) and Italy (1.5 million tonnes, 20.8% less).
In general, in January of this year, steel production decreased by 6.1% compared to the same period last year, to 155.030 million tonnes.

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BANKS OF UKRAINE RAISE UP NET PROFIT BY 76% IN JAN

Banks of Ukraine in January 2022 saw UAH 7.1 billion of net profit, which is 76% more than in the same period of 2020 (UAH 4.1 billion), the National Bank of Ukraine (NBU) has reported.
“Revenue of banks in January grew by 34%, to UAH 24.9 billion, expenses – by 23%, to UAH 17.8 billion,” the regulator said.

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