Business news from Ukraine

Business news from Ukraine

EMISSIONS FROM UKRAINIAN INDUSTRIAL ENTERPRISES TO GROW BY 16% BY 2030

According to the updated draft of the Second Nationally Determined Contributions of Ukraine to the Paris Agreement (NDCs2), CO2 emissions from industrial enterprises of Ukraine will grow by 16% by 2030 from the level of 2019, Minister of Ecology and Natural Resources Roman Abramovsky has said in an exclusive interview with the Green Deal portal.
“According to our calculations, industrial emissions by 2030 will grow by 16% from the level of 2019. That is, they will not decrease. On the contrary, they will increase. However, in this way, the ambitions of key companies to increase the rate of industrial production were taken into account,” the minister said.
According to him, the sectoral goals of NDCs2 for the Ukrainian industry were coordinated with the Ministry of Economy, while noting that it was with this ministry that the most difficult negotiations were going on to agree on the indicators.
“The most difficult discussion was with the Ministry of Economy, since they are responsible for many sectors. At the same time, the new leadership of the Ministry of Economy, First Deputy Prime Minister Oleksiy Liubchenko should be commended, because immediately after his appointment, we met and I explained to him all our forecasts. He immediately appointed a person responsible for NDCs2, and on the second day our team held a briefing for the new managers, “Abramovsky said.
In addition, as the minister said, the Ministry of Ecology also held difficult negotiations with the Ministry of Energy and NPC Ukrenergo, as a result of which the ministry was forced to increase emission standards for the energy sector.
“For example, if initially we modeled an indicator of 34 million tonnes of CO2 emissions in 2030 in the energy sector, then after consultations we came to the conclusion that it would be more correct to envisage 48 million tonnes in 2030, based on the provisions of the System Adequacy Report,” Abramovsky said.

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POTATO AND VEGETABLES PRODUCTION IN UKRAINE DOWN

Production of potato in Ukraine in the first half of 2021 decreased by 19.8% compared to the first half of 2020, to 240,800 tonnes, and of vegetables – by 4.8%, to 684,700 tonnes, according to the website of the State Statistics Service.
The State Statistics Service said that as of July 1, potatoes were harvested from a total area of 17,900 hectares, which is 22.2% less than on July 1, 2020. The average potato yield increased by 9.7%, to 141.8 centners per hectare. The leaders in potato production were Kherson region, which harvested 79,800 tonnes (less by 36.1% compared to January-June 2020), Zhytomyr region – 46,500 tonnes (less by 0.8%) and Vinnytsia region – 39,800 tonnes (less by 2.9%).
In addition, it is reported that the total production of vegetables in Ukraine in the first half of 2021 decreased by 4.8% compared to the first half of 2020, to 684,700 tonnes. At the same time, production of open field vegetables remained at the level of January-June 2020 – 386,900 tonnes.
The yield of open field vegetables in the first half of the year increased by 4.6%, to 183.6 centners per hectare. As of July 1, 2021, crop data were collected from 21,900 hectares, which is 1.4 less than on July 1, 2020. The leaders in the cultivation of open field vegetables during this period were Kherson region, which harvested 234,500 tonnes of this crop (an increase of 2.3 times compared to January-June 2020), Lviv region – 312,400 tonnes (more by 24.8%) and Dnipropetrovsk region – 19,500 tonnes (more by 58.9%).
According to the State Statistics Service, the production of fruit and berries in January-June 2021 decreased by 7.2% compared to January-June 2020, to 182,100 tonnes. The leaders in their cultivation were Dnipropetrovsk region, which harvested 21,400 tonnes of fruit and berries (less by 6.1% versus January-June 2020), Donetsk region – 21,100 tonnes (more by 54.3%) and Zaporizhia region – 17,500 tonnes (more by 86.8%).

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UKRAINE RAISES COPPER EXPORT BY 3.3 TIMES IN H1

Ukrainian enterprises in January-June of this year increased imports of copper and copper products in monetary terms by 75.1% compared to the same period last year, to $79.083 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products in the first half of the year increased 3.3 times compared to January-June 2020, to $108.769 million.
In June, copper and copper products were imported for $14.675 million, and exported – for $20.395 million.
In addition, Ukraine in January-June 2021 increased imports of nickel and nickel products by 58.3% compared to the same period in 2020, to $58.214 million (in June – $15.928 million), and aluminum and aluminum products by 14.4%, to $205.891 million ($38.258 million). At the same time, it increased imports of lead and lead products by 88%, to $4.855 million ($0.025 million), increased imports of tin and tin products by 47.7%, to $1.566 million ($196,000), and also increased imports of zinc and zinc products by 90.4%, to $42.594 million ($7.030 million).
Exports of aluminum and aluminum products in the first half of 2021 increased by 57.2% compared to the same period in 2020, to $76.632 million (in June – $15.138 million), lead and lead products by 61.7%, to $17.377 million ($3.333 million), and nickel and nickel products by 80.7%, to $2.391 million ($0.426 million).
Zinc exports in January-June 2021 amounted to $48,000 (in June – $31,000), while in January-June 2020 they amounted to $21,000. Exports of tin and tin products in January-June 2021 amounted to $14,000 (in June – $3,000) versus $82,000 in the first half of 2020.

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1.5 MLN UKRAINIANS WORK IN POLAND

Ambassador of Ukraine to the Republic of Poland Andriy Deschytsia says that about 1.5 million Ukrainians work in Poland today and about 50,000 Ukrainian students are studying.
“What is the situation in Poland now. We have an increase in the number of labour migrants. If we talk in comparison with 2014, this is approximately two or three times. Now we are talking about 1.5 million Ukrainians who work in Poland,” he said at the Ukraine 30. Human Capital all-Ukrainian forum on Tuesday.
He said that approximately 600,000 Ukrainians officially pay taxes to the Social Insurance Fund, while the rest work on labour contracts and do not pay taxes.
In addition, the ambassador said that in 2014 there were 680 companies in Poland, where owners were Ukrainians, and in 2021 there were 16,000 enterprises in Poland where the owners or co-owners are Ukrainians.
Among other things, Deschytsa said that at the moment about 50,000 Ukrainian students are studying in Poland.

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ESTONIA, LATVIA AND LITHUANIA OPEN BORDERS FOR UKRAINIANS

Estonia, Latvia and Lithuania have opened borders for Ukrainians for all types of travel, according to the recommendation of the European Council, Ukrainian Foreign Minister Dmytro Kuleba has said.
“Estonia, Latvia, Lithuania have opened for all types of travel for Ukrainians, according to the recommendation of the EU Council. Visa-free weekend in the Baltic countries? Now it is possible again,” Kuleba said on his Twitter.

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AVERAGE MONTHLY WAGE BY REGION IN MAY 2021, UAH

AVERAGE MONTHLY WAGE BY REGION IN MAY 2021, UAH

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