Number of unemployed people registered in public employment service as of 31.03.2024 (in thousands)
Source: Open4Business.com.ua and experts.news
President of Ukraine Volodymyr Zelensky met in Kiev with American businessman and philanthropist, founder and CEO of real estate investment company Wasatch Group Dell Loy Hansen, who presented six new infrastructure projects for Ukraine.
In particular, as reported by the President’s press service, Loy Hansen presented to Zelensky the Phoenix initiative, which together with the state Ukrainian program “eVidnovlennya” restores damaged housing in Andriyivka, Moshchun and Makarov in Kyiv region.
It is noted that the first one hundred houses should be restored by December this year.
In addition, the businessman plans to build a full-cycle center for patients on the basis of the Kiev Center for Rehabilitation Medicine, as well as schools in ten communities in the Kiev region.
Zelensky and Hansen also discussed the projects already implemented by the businessman with the support of the Office of the President, Kyiv OVA and local communities.
Thus, the premises in Kolonshchyna and Sofiyska Borschagivka in Kyiv region have already been fully occupied. People who lost their homes as a result of Russian aggression live there. In addition, the first two phases of apartments for internally displaced persons in the village of Tarasovka have been put into operation. In Kolonshchyna another line of housing for older IDPs will be built.
The Head of State emphasized that Ukraine greatly appreciates people who have been helping our country since the first days of full-scale Russian aggression.
“Thank you for your support and for new projects for our people, for Ukrainian families. In particular, this is the construction of a new medical center, new schools for Ukrainian children and housing for displaced people,” the president said.
First Deputy Prime Minister – Minister of Economy Yulia Sviridenko, following a visit to Argentina and Chile this week, noted the presence of joint interest in investments and reported on the prospect of concluding bilateral free trade agreements.
“We know that there is already interest of companies from pharmaceutical, agro-sectors, processing industry, which want to deepen cooperation with Ukraine. The free trade agreement with Argentina, which we are currently working on, can also contribute to this. Cooperation with Argentina is reaching a qualitatively new level,” Sviridenko was quoted as saying in the press release of the Ministry of Economy on Thursday.
As First Deputy Prime Minister pointed out in social network X following a meeting with Argentine Economy Minister Luis Caputo, the countries have a lot in common: from economic structures to approaches to the organization of management. According to her, the parties agreed to hold a meeting of the Joint Ukrainian-Argentine intergovernmental commission on trade and economic cooperation in October this year. The last time it was held 18 years ago. In addition, the possibility of holding a Ukrainian-Argentine business forum is being considered, the Ministry said in a release.
“This country is the leader of the strategically important for us region of Latin America, so strengthening the presence of Ukraine on the agenda – a contribution both to the development of business ties and security projects” – summarized Sviridenko.
She recalled that Argentina has allocated 16 packages of humanitarian aid to Ukraine for $600 thousand, and at the moment up to half a million Ukrainians live in the country.
In addition, representatives of the Ministry of Economy met with the Argentine Chamber of Commerce and Services (CAC) and the Argentine-Ukrainian Chamber of Commerce and Industry (CAUCI) and invited business and government representatives to participate in the Ukraine Recovery Conference (URC-2024), which will be held June 11-12 in Berlin.
“(…) On the agenda – the First Global Peace Summit initiated by President Vladimir Zelensky, strengthening business ties, deepening cooperation in the defense sector, support for the Ukrainian energy system against the background of Russia’s systemic shelling of our energy capacities,” – accentuated First Deputy Prime Minister.
It is indicated that the Ukrainian side also invited the leaders of Argentina to join the Global Peace Summit and become a co-leader of the working group on one of the items of the Peace Formula.
After Argentina, the Ukrainian delegation, which also includes the Minister for Strategic Industries Oleksandr Kamyshyn, Deputy Minister of Economy Oleksiy Sobolev, Ukrainian Trade Representative Taras Kachka, Deputy Minister of Defense Dmytro Klymenkov, and representative of the Commissioner for Equal Rights and Freedoms of Rights of National Minorities of Political and Religious Views Mikhail Spasov, went to Chile.
“The first visit of a high-ranking Ukrainian delegation to Chile in 19 years,” Sviridenko emphasized on social network X. She also invited Chilean business and government representatives to the URC-2024 in Berlin, promising them very concrete projects from partners.
“We have a lot in common with Chile, especially in mining and critical materials. We hope to deepen cooperation in this area. We also discussed the issue of logistics. The next step of our cooperation is to deepen the dialog at the level of chambers of commerce and industry of our countries,” First Deputy Prime Minister said.
At a meeting with Chilean Economy Minister Niko Grau, Sviridenko said that both sides are interested in sharing experience in attracting investments, pointing out that there is already an example of a Ukrainian company that has invested in Chile.
“The areas where we see the greatest potential for growth are mining, especially in terms of critical materials, agribusiness and digitalization. Also, Chile has a rich experience in developing public-private partnerships and is ready to share it,” the First Deputy Prime Minister pointed out.
At a meeting with Chilean Foreign Minister Alberto Claveren, Sviridenko invited Chilean leaders to join the first Global Peace Summit, in particular, to lead the fourth point of the peace formula concerning the return of Ukrainian children illegally deported by Russia. She thanked Chilean President Gabriel Borich, who expressed his willingness to join the Summit.
Prices for slaughter pigs continued to decline in the second half of May and reached 55-57 UAH/kg, which is 4.5% lower than a week earlier, according to the Pig Producers of Ukraine association.
According to the report, most operators in the live market this week purchased animals in the range of 55-57 UAH/kg, although higher and lower quotes were occasionally found. The latter, in particular, mainly concern animals of high weight categories, the supply of which still puts pressure on the overall price situation.
According to experts, higher prices were observed in the western regions, while in other regions quotations tended to reach 55.5 UAH/kg. At the same time, the weighted average market price was fixed at 55.8 UAH/kg.
The expectations of meat processing representatives regarding further price dynamics differ. Thus, some procurers do not rule out further price weakness, citing sluggish sales and supply that exceeds demand. Other operators state that the volumes available for booking are quite moderate, and the average slaughter weight of animals is lower than usual. Some operators expect faster sales with the return of favorable weather conditions for picnics, the industry association explained.
Svyato-Varvarinskaya coal preparation plant (SVP), a part of Metinvest Group and part of Metinvest Pokrovskugol, met its target for April this year, producing 193 thousand tons of coal concentrate.
According to Metinvest Pokrovskugol, the plant enriched raw coking coal produced by Ukraine’s largest coking coal producer, Pokrovskoye Mine Administration (Donetsk Oblast).
It is emphasized that production did not stop for a single day during the war.
At the same time, employees of Pokrovskoye Mine Management completed the preparation of 2.4 km of transportation route to ensure the output of rock mass. The main feature of the new conveyor chain is full automation, and the presence of video cameras allows us to monitor the operation of the conveyor line remotely.
The 1st southern longwall of block 10 is currently being installed, with a total sinking length of 290 meters, of which more than 100 meters have already been prepared.
In addition, the 11th unit is under construction.
As reported, Pokrovskoye Mine produced 1 million 238.597 thousand tons of coking coal in January-March this year.
In 2024, it is planned to produce 5.352 million tons of coal, of which 2.802 million tons of coal concentrate will be produced.
“Metinvest has established Metinvest Pokrovskugol, which manages the enterprises of the Pokrovske Coal Group (Pokrovskoye). The company includes, among others, Pokrovskoye Mine Administration and Svyato-Varvarinskaya Concentrator.
Svyato-Varvarinskaya Enrichment Plant is a premium coal concentrate producer in Ukraine. The company’s production capacity is about 8 million tons of raw coking coal per year with the ability to enrich five different classes of coal. OFSV processes all the coal from Pokrovskoye Mine.