The Ministry of Agrarian Policy and Food of Ukraine expects prices on the land market in Ukraine to rise after it opens for legal entities on January 1, 2024, said Denys Bashlyk, deputy head of the ministry for digital development.
“Those who have been waiting for a long time – legal entities that want to own land to be able to develop long-term investment projects – will enter the market. This, of course, will entail a price increase,” the ministry’s press service quoted him as saying.
Bashlyk noted that currently the highest prices on the land market in Ukraine are recorded in Ivano-Frankivsk, Lviv, and Ternopil regions, where they reached $2 thousand, $1.45 thousand, and $1.4 thousand, respectively.
During a press conference at the Ukraine Media Center on Friday, Prozorro.Sale CEO Serhiy But said that almost 38,000 hectares of land had been sold or leased through the electronic auction system. The vast majority of them are assets of local authorities, cities and towns.
“The organizers hold the largest number of land auctions for agricultural land. At lease auctions, the share of agricultural land is 70%, and at sale auctions – 60%,” he said.
In total, the Prozorro.Sale system has already held auctions for the sale of 2.7 thousand hectares of land for a total of UAH 1.3 billion. A total of 35.1 thousand hectares of land have been leased through auctions.
According to Dmytro Makarenko, acting head of the State Service of Ukraine for Geodesy, Cartography and Cadastre, who also took part in the press conference, as of early October 2023, almost 80 thousand hectares of agricultural land have already been sold.
“In 2021, over 100 thousand hectares of land were put into circulation in the first six months of the land market. In the military year of 2022, the market, of course, shrank and 69 thousand hectares were put into circulation. In 2023, as of October, we already see that almost 80 thousand hectares have been sold and the figures are approaching the pre-war levels,” he said.
As reported, the second stage of the land market will start on January 1, 2024, during which legal entities will also be able to acquire ownership of agricultural land with a limit of 10 thousand hectares per person.
At the same time, the sale of state and municipal agricultural land, as well as its sale to foreigners, will remain prohibited. The preemptive right to purchase a land plot belongs to its lessee. The minimum value of land cannot be lower than its regulatory monetary value.
The National Bank of Ukraine has fined Insurance Broker Grand Insur LLC (Odesa) UAH 51 thousand for violating the requirements in the field of financial monitoring.
According to the regulator’s website, the fine was imposed for violation of the requirements of clause 5, p. II of Regulation #140 and clauses 12, 13 of the Annex to Regulation #140 in terms of failure to submit reports to the National Bank on prevention and counteraction.
On Saturday, October 7, wind gusts of 17-22 m/s and light rain are expected in the capital and Kyiv region, with the first level of danger declared – yellow, the Ukrainian Weather Center reports on its Telegram channel.
On Saturday, the weather in Kyiv region will be cloudy with clearings. No significant precipitation at night, light, sometimes moderate rain during the day.
Southwest wind, 7-12 m/s, gusts of 17-22 m/s during the day.
The temperature in the region at night will be 5-10°, during the day 14-19°; in Kyiv at night 7-9°, during the day 15-17°.
Energy imports to Ukraine in 2021-2022
Source: Open4Business.com.ua and experts.news
In September, registrations of new commercial vehicles (trucks and special vehicles) in Ukraine amounted to 1012 units, which is 65% more than in September last year, Ukravtoprom reported on its Telegram channel.
Compared to August of this year, registrations increased by 6%, and the gap from the pre-war September 2021 figure is almost 29%.
Renault remains the market leader with 214 units, Scania is in second place with 106 cars, and Ford (98 units) moved up from fifth to third in August. Peugeot came in fourth with 79 vehicles registered, and Volkswagen rounded out the top five with 61 units.
In total, in January-September 2023, 8132 new vehicles were added to the Ukrainian truck and special vehicle fleet, which is 65% more than in the same period in 2022.
As reported, in the segment of large trucks, according to the information and analytical group AUTO-Consulting, in January-September this year, sales increased by 70% compared to the same period in 2022 – up to 3.5 thousand units, in particular, in September the increase was 72%. The Swedish Scania is a confident leader in the segment.
In 2022, according to Ukravtoprom, the market for new commercial vehicles decreased by 2.3 times compared to 2021, to 6.9 thousand units.
Biopharma is exploring the possibility of building a new plant by 2027, the company’s president Konstantin Efimenko said.
“We have already processed almost 300 thousand liters of plasma, the company’s turnover is slightly more than $100 million, and we need to triple the company’s turnover in four years. But it will not be possible to increase capacity further, we need to build a new plant. The new plant should be ready by 2027. To make it ready by 2027, we need to start tomorrow,” he said during the forum “Dialogues on Sustainability. How Business Develops in Times of War” forum in Kyiv on Thursday.
Efymenko also said that Biopharma plans to build a plant in Romania, but this is not a strategy to reduce dependence on Ukraine, but a way to “increase turnover.”
At the same time, Efimenko noted that attracting investments to Ukraine is currently hampered, in particular, by the issues of war risk insurance and the withdrawal of dividends.
“Biopharma is concerned about this issue, but not so much, because we are here with the foundation of the White Church, with the land. We are already here and will be here. But I am worried about other investors coming here, because the question will arise who needs our country,” he said.
As reported, Biopharma plans to triple the number of its plasma centers to 30 by 2027.
