Business news from Ukraine

Business news from Ukraine

MAP OF INTERNET COVERINGS OF UKRAINIAN BASIC MOBILE OPERATORS IN JULY 2021

Map of internet coverings of ukrainian basic mobile operators in July 2021

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UKRAINE EXPORTS 12.7 MLN TONNES OF GRAIN IN 2021/2022 MY

Ukraine since the beginning of the 2021/2022 marketing year (MY, July-June) and as of September 24 had exported 12.76 million tonnes of grain and leguminous crops, which is 12.7% more than the indicators for the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 7.74 million tonnes of wheat (2% less compared to the same date in the 2020/2021MY), 3.43 million tonnes of barley (23.97% more), 1.39 million tonnes of corn (2.1 times more), and 33,200 tonnes of flour (29.9% less) have been exported.
As of the indicated date, 28,700 tonnes of rye were also exported, which is 16.9 times more than the indicators of the last MY.
As reported, Ukraine in the 2020/2021 MY exported 44.72 million tonnes of grain and leguminous crops, including 16.64 million tonnes of wheat, 23.08 million tonnes of corn, 4.23 million tonnes of barley. Also, 126,900 tonnes of flour and 18,400 tonnes of rye were supplied to foreign markets.
In addition, Ukraine in the 2019/2020 MY exported 56.72 million tonnes of grain and leguminous crops.

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PLANE FROM AFGHANISTAN WITH UKRAINIAN CITIZENS LANDS AT BORYSPIL INTERNATIONAL AIRPORT

A plane from Afghanistan, sent to evacuate Ukrainian citizens and their families, has landed at the Boryspil international airport, the Ministry of Defense of Ukraine reports.
“Ukraine does not leave its citizens alone, no matter where they are,” said Deputy Minister of Defense of Ukraine Hanna Malyar when meeting the plane at the airport.
There are 96 people on board, including citizens of Ukraine, as well as persons with a permanent residence permit in Ukraine, members of their families, persons whose return was requested by the Vatican and Canada.
Malyar noted that Ukraine will continue to provide assistance to its citizens and citizens of other countries in the future.

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PRESIDENT OF UKRAINE: UKRAINE IS OPEN FOR BIG BUSINESS, BUT NOT FOR OLIGARCHS

President of Ukraine Volodymyr Zelensky welcomes the adoption of the law on de-oligarchization by the Verkhovna Rada. “I welcome the adoption by parliament of my bill on deoligarchization No. 5599! Ukraine is open for big business, but not for oligarchic influence on officials, politicians and the media. Today we took another step towards getting rid of it. Thanks to all the MPs for their support!” the head of state wrote on Twitter on Thursday.
Later Zelensky said in his Telegram channel that “thanks to the anti-oligarchic law, Ukraine gets a historical chance to build civilized and clean relations between big business and the state.” Yes, many politicians do not like this. Yes, they want to live as they used to, working for the oligarchs. Yes, there was a lot of pressure on our MPs, a lot of intrigues and even blackmail. But the law was passed. I am grateful to every MP who supported this law,” he wrote.
According to the head of state, there will no longer be an oligarchic branch of government in Ukraine. “Legislative, executive and judicial – yes. But for the oligarchs there is only one way – to become a pure business,” the president said.
Zelensky thanked the MPs of Ukraine for supporting the bill, calling the voting results “the right signal.”

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KSG AGRO TO EQUIP 300 HECTARES WITH DRIP IRRIGATION

Agroholding KSG Agro has begun installing drip irrigation systems for corn crops on an area of more than 300 hectares in the village of Nyva Trudova (Dnipropetrovsk region), which will double the yield of this crop to 6 tonnes per/ ha, the company said in a press release on Wednesday.
“Drip irrigation is an opportunity to practically double the average yield even in difficult weather conditions. This was understood back in Soviet times, when the lands on which the agricultural holding’s farms are now operating were irrigated on an area of 5,000 hectares [the current land bank of the company is 21,000 hectares],” Board Chairman of the agricultural holding Serhiy Kasianov said.
According to KSG Agro, the project for the installation of U.S. irrigation systems and JCB (Turkey) and IVECO (Italy) pumping systems was developed by Technoservice (Mykolaiv). After its completion, the irrigated areas can be expanded for other crops.
The company said that it hopes for state assistance in the implementation of this project, since the draft state budget for 2022 provides for UAH 2.7 billion of financing for reclamation complexes and the maintenance of water systems.

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OCCUPANCY OF COWORKING SPACE IN UKRAINE IS 75%

The Ukrainian coworking and flexible office market is returning to pre-quarantine levels, the average occupancy rate of locations is 75%, according to a study by CBRE Ukraine and the Ukrainian Coworking Association.
According to its data, the pre-quarantine occupancy rates were 80-90%, while in May-August 2020 they decreased to 50-60%. With the introduction of adaptive quarantine, many large companies have revised their rental strategy towards coworking, after which the demand for flexible offices has shifted to recovery.
“The share of large companies in the structure of users of coworking spaces and flexible offices is growing. Now it is at the level of 11%, but there is a tendency to growth in demand for services from corporate clients. The main share is medium-sized businesses, namely 35%. Small businesses and start-ups account for about 20%, respectively,” the study says.
It is also noted that over the past year, the trends in planning solutions have changed on the market: the demand for open space offices has decreased by 50% and in the structure of space occupies on average only 10% of the location. At the same time, the profitability of individual offices, which occupy up to 55% of the premises, has significantly increased, the report says.
According to a survey of members of the Coworking Association, the majority of respondents use technological solutions to improve customer experience. Thus, 78% of coworking spaces use their own mobile applications for effective interaction between residents and management, and more than half use software to automate business processes and manage locations.
The coronavirus pandemic as a whole has accelerated the transformation of the office market and increased rental interest. As of August 2021, the total supply of coworking spaces in Kyiv amounted to 96,000 square meters, or 4.9% of the total volume of high-quality office space. At the same time, the new supply is steadily increasing, including due to scaling in the regions.