Business news from Ukraine

Business news from Ukraine

UKRAINIAN BANKS’ CASH EXCHANGE RATES ON 23/10/21

Ukrainian banks’ cash exchange rates on 23/10/21

Source: Interfax-Ukraine

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INDUSTRIAL PRODUCTION IN UKRAINE DOWN BY 0.7% IN SEPTEMBER

Industrial production in Ukraine in September 2021 decreased by 0.7% compared to September 2020, while in August its growth was 0.6%, in July – 0.2%, in June – 1.1%, the State Statistics Service has reported.
The department clarified that, adjusted for the effect of calendar days, industrial production in September 2021 from September 2020 decreased by 0.9% against 0.2% in August, 0.9% in July and 0.7% in June.
The State Statistics Service indicates that compared with August this year, industrial production in the country increased by 2.9%, and, taking into account the seasonal adjustment, decreased by 1.8%.
In processing industry in September 2021 from September 2020, production decreased by 1.1%, in the supply of electricity, gas, steam and conditioned air – by 2.4%, in extracting industry and quarrying – increased by 1%.
In general, over the nine months of this year, industrial production in Ukraine increased by 1.4% compared to the same period last year, in particular in processing industry – by 1.6%, in the supply of electricity, gas, steam and conditioned air – by 1.2%, in extracting industry and quarrying – by 1.2%.
As reported, industrial production in Ukraine in 2020 fell by 5.2% after falling by 0.5% a year earlier.

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN-JUNE 2021

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN-JUNE 2021

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) JAN-JUNE 2021

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) JAN-JUNE 2021

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FRENCH CYBER SECURITY COMPANY TO OPEN OFFICE IN UKRAINE

French Thales, which specializes in the development of high-tech products for defense and security, aerospace and transportation, intends to open an office in Ukraine, the Ministry of Digital Transformation said on its Telegram channel on Saturday.
Thales already has offices and R&D centers in 56 countries around the world.
During a meeting between Mykhailo Fedorov and Thales representatives in Paris, the parties discussed the creation of digital documents and cybersecurity based on artificial intelligence.
“Representatives of the company told how it is possible to improve the sphere of cyber defense in Ukraine, to qualitatively identify and counter cyber threats. Thales is actively working on opening an office in Ukraine and has already appointed a director,” the ministry said.

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THE CLUB OF EXPORTERS OF UKRAINE LAUNCHED ONLINE PROJECT “DIGITAL EXPO – UKRAINIAN GOODS AND SERVICES”

Fierce competition in all industries and the rampant development of information and communication technologies constantly require businesses to look for new means to expand markets.

In August 2021, the Ukrainian Exporters Club launched a new online “Digital expo – Ukrainian Products and Services” Project. The Scope of the Project is to draw the attention of foreign importers, distributors, representatives of trading networks to Ukrainian products, attract them to cooperation and, thus, increase Ukrainian exports.

Digital expo is a web resource where only Ukrainian companies are represented. Each of them has its own web site with a scope of activities description, photos and presentations of products and services and a feedback form to send requests for cooperation. For ease of search, all companies are grouped by main categories, namely:

PRODUCTS:

Metallurgy and Metalworking Production

Energy and Raw Materials Resources

Agriculture and Animal Husbandry

Food Industry

Mechanical Engineering

Vehicles and equipment

Chemicals and Pharmaceuticals Industry

Agriculture

Wood and Furniture

Construction Industry and Public Works

Glass and building materials

Precision equipment

Electrical and electronic equipment

Textiles and clothing

Luxuries

Products for sports and recreation

SERVICES:

Information Technology

Printing and publishing

Transport and related services

Marketing, Advertising and Mass Media

Banking

Finance and Insurance

Business services

Health Care

TOURISM

Digital expo is three sites, each in its own language: in Ukrainian, English and Chinese. This is done in order to improve market coverage and increase the confidence of foreign companies located in different regions of the world.

In fact, “Digital expo – Ukrainian Products and Services” is not a new project of the Ukrainian Exporters Club. It is a modernized, updated and adapted to modern market needs “Inspired By The Best In Ukraine” Project, which was created in 2015.

The previous project was supported by DHL and the EBRD at various stages of its life. It presented Ukrainian products and services at the international exposition IF CHINA in Beijing in 2016 and CIIE in China in 2019.

In the summer of 2021, the electronic catalogues of the Ukrainian Exporters Club became Digital expo.

In the last 3 months (June to August) of 2021, the exhibitors received more than 10,000 requests for cooperation from Malaysia, Poland, Turkey, China, Korea, Baltic States and other countries.

The modern project has become even better. It participates in international online expositions, including: worldexpo, expotobi, food1.com, echemi.com, infobel.com, foodfocus.co.za and others.

“Digital expo – Ukrainian Products and Services” is supported by world and Ukrainian reputable organizations, including: Ministry of Economy of Ukraine, Kyiv Chamber of Commerce and Industry, Entrepreneurship And Export Promotion Office, Euromonitor International and Others. The general media partner of the exposition is the Interfax-Ukraine News Agency.

You can learn more about the “Digital expo – Ukrainian Products and Services” Project and apply for participation at the link: https://inspiredbythebestofukraine.ticketforevent.com/ru/home/40010/

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