Business news from Ukraine

Business news from Ukraine

UKRAINE EXPORTS 4.61 MLN TONNES OF GRAIN SINCE START OF MY

Ukraine since the beginning of the 2021/2022 marketing year (MY, July-June) and as of August 13 had exported 4.61 million tonnes of grain and leguminous crops, which is 10% more than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 1.82 million tonnes of wheat (23.5% less compared to the same date 2020/2021MY), 1.62 million tonnes of barley (19.6% more), 1.15 million tonnes of corn (2.3 times more), and 16,200 tonnes of flour (1.5 times less) have been exported.
As of the indicated date, 5,100 tonnes of rye were also exported, which is 17 times more than the indicators of the last MY.
As reported, the export of wheat in the 2020/2021 MY amounted to 16.64 million tonnes, corn – 23.08 million tonnes, barley – 4.23 million tonnes, flour – 129,000 tonnes.
In addition, Ukraine in the 2019/2020 MY exported 56.72 million tonnes of grain and leguminous crops.

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UKRAINE RAISES EXPORTS OF TITANIUM ORES

Ukraine in January-July this year increased exports of titanium-containing ores and concentrate in quantity terms by 10.3% compared to the same period last year, to 358,762 tonnes.
According to statistics released by the State Customs Service, in monetary terms, exports of titanium ores and concentrate increased by 22.2%, to $93.870 million.
At the same time, the product was mainly exported to China (26.03% of supplies in monetary terms), Mexico (14.78%) and the Czech Republic (13.63%).
Ukraine during this period imported 588 tonnes of titanium-containing ores worth $545,000 from Senegal (86.24%) and Germany (13.76%), while in January-July last year it imported 650 tonnes for $525,000.

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ZAPORIZHTRANSFORMATOR TO SHIP SINGLE-PHASE REACTOR TO EGYPT

JSC Zaporizhtransformator (ZTR), part of Energy Standard Group of businessman Konstantin Grigorishin, will ship a single-phase reactor to Egyptian Electricity Transmission Company (EETC) by the end of this year.
According to a report on the ZTR website, the enterprise has a long-standing cooperation with Egypt – the equipment has been supplied there since the 90s, when ZTR was just mastering work in foreign markets, and Egypt was a priority.
Reactors manufactured by ZTR are installed at EETC, therefore, the press service notes, it is not surprising that ZTR was the first enterprise with which the customer began to work on the issue of manufacturing a single-phase reactor as part of an urgent and important project.
“The substation where the equipment is planned to be installed is of strategic importance for Egypt, being a link between Egypt and Jordan,” the report says.
ZTR emphasizes that the shipment of equipment will be carried out by container lines (and not in a cargo hold of a ship) – such a scheme was used by the enterprise for the first time this year when shipping three reactors to Argentina due to small overall dimensions of the equipment.
At the same time, according to ZTR, transportation costs have been more than halved, which, in turn, increases the competitiveness of the enterprise and makes it possible to participate in tenders on other continents along with local manufacturers.
ZTR has experience in deliveries to 88 countries. It manufactures power oil transformers, electric reactors and controlled shunt reactors.

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A HORSE SHOW WILL BE SHOWN ON SPAS NEAR KYIV

On August, 14 and 15 in Ancient Kyiv in the Principality of Kyivan Rus («Kyivan Rus Park») Spas will be celebrated with the thrilling medieval amusements. Horse shows and theatrical stagings on a historical theme will be waiting for the guests. And also historical expositions, horse riding, interesting contests, dance flash mobs and master-classes, fiery Slavic round dances and tasty dishes prepared on fire.
Ancient Kyiv opens at 10:00. The program starts at 14:00.
The ticket price: a full adult ticket – 200 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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U.S. DEPARTMENT OF AGRICULTURE IMPROVES FORECAST FOR WHEAT EXPORTS FROM UKRAINE

The U.S. Department of Agriculture (USDA) in the report for August improved the forecast for the export of Ukrainian wheat in the 2021/2022 marketing year (MY, July-June) by 2.5 million tonnes compared to the forecast in July, to 23.5 million tonnes.
The forecast for wheat harvest in Ukraine in the new marketing year has been increased by 3 million tonnes compared to the July forecast, to a record 33 million tonnes. As noted in the USDA, this figure has been increased due to the expansion of the area under this crop, as well as due to its higher yield this season.
In the August report, the USDA also improved the forecast for the corn crop and its exports from Ukraine in 2021/2022 MY by 1.5 million tonnes compared to the July forecast. Thus, corn production is expected to grow from 37.5 million tonnes to 39 million tonnes, its export – from 30.5 million tonnes to 32 million tonnes. As explained, the forecast for corn harvest in Ukraine has been increased, as the reduction in acreage under this crop is more than offset by an increase in its yield prospects.
As reported, since the beginning of 2021/2022 MY and as of August 6, 2021, Ukraine has exported 3.63 million tonnes of grains and legumes, which is 12% more than on the same date of the previous MY. It also exported 1.31 million tonnes of barley (23.2% more compared to the same date in 2020/2021MY), 1.25 million tonnes of wheat (a quarter less), 1.05 million tonnes of corn (2.1 times more), 13,500 tonnes of flour (1.6 times less).

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UKRAINE REDUCES ELECTRICITY EXPORTS BY 24% IN JANUARY-JULY

Ukraine in January-July 2021 reduced electricity exports by 24.1% (by 678.2 million kWh) compared to the same period in 2020, to 2.131 billion kWh, according to the data of Ukrenergo.
According to the calculations of the Interfax-Ukraine agency, in particular, supplies from the Burshtyn TPP energy island in the direction of Hungary, Slovakia and Romania decreased by 16.6% (by 295.2 million kWh), to 1.484 billion kWh.
Electricity supplies to Poland decreased by 39.8% (353.8 million kWh) compared to the same period last year, to 534.1 million kWh.
Electricity exports to Moldova decreased by 13.2% (by 17.2 million kWh), to 113 million kWh.
There were no deliveries to Belarus and the Russian Federation in January-July 2021 (against 12 million kWh to Belarus for the seven months of 2020).
In July 2021, Ukrainian electricity exports amounted to 366.3 million kWh, which is 2.8 times more than in July 2020 (133 million kWh).
In addition, Ukraine in January-July 2021 reduced electricity imports by 44.5% (by 791 million kWh) compared to the same period last year, to 987.3 million kWh, in particular Belarus supplied 522.6 million kWh, Slovakia – 258.4 million kWh, Russia – 101.9 million kWh, Hungary – 66.4 million kWh, Romania – 38 million kWh.
In July 2021, electricity imports amounted to 1.2 million kWh against 21.8 million kWh in July 2020.
Within the framework of technological flows associated with the parallel operation of the integrated power system of Ukraine with the power systems of neighboring countries and power supply of dead-end areas, 32.9 million kWh of electricity were imported from the Russian Federation over the seven months, and 600,000 kWh from Belarus.
Emergency supplies from Slovakia during this period amounted to 200,000 kWh, from Belarus – 9.7 million kWh, to Belarus – 400,000 kWh, to Poland – 8.5 million kWh.

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