Business news from Ukraine

Business news from Ukraine

SALES OF NEW PASSENGER CARS IN UKRAINE UP BY 30%

Initial registrations of new passenger cars in Ukraine in June 2021 increased by 21% compared to the same month in 2020 and by almost 36% compared to the “pre-COVID” June 2019, to 8,800 units,” Ukrautoprom reports.
According to the association’s information on its website, compared to May of this year, the demand for new passenger cars increased by 4%.
The most popular brand in June was Toyota (a year ago – Renault) with 1,296 sold cars and an increase of almost 25%.
Renault ranked second with 986 cars (less by 15% from June 2020).
The third place, as in June last year, was given by Ukrainians to Kia, having purchased 742 new cars – 10% more.
The fourth result is again with Skoda – 609 cars and an increase of 27%, and, like a year ago, Hyundai closes the top five with an increase in registrations by 11%, to 441 units.
In addition, last month, the top ten most popular brands included Nissan, which rose from the 9th in June 2020, with 391 units (more by 68%), and VW, which took the seventh position, managed to move from the 20th position in June last year due to the growth of registrations by 3.7 times, to 384 units.
This is followed by Peugeot – 383 units (more by 17%); Chery – 369 units (129%); Mitsubishi – 367 units (71%).
Ukrautoprom notes that in the first half of this year in Ukraine, the first license plate was received by 48,400 new passenger cars, which is 30% more than in the same period last year.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 01/07/21

National bank of Ukraine’s official rates as of 01/07/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JULY 01

Official rates of banking metals from national bank as of July 01

One troy ounce=31.10 grams

FRANCE AND UKRAINE TO HOLD CONSULTATIONS ON RECOGNITION OF VACCINATION CERTIFICATES

Ukrainian Foreign Minister Dmytro Kuleba held a telephone conversation with French Foreign Minister Jean-Yves Le Drian at the initiative of the French side.
“Dmytro Kuleba separately touched upon the issue of France’s recognition of Ukrainian certificates of vaccination against COVID-19. The parties agreed that the corresponding Ukrainian-French consultations will soon take place,” the Ukrainian Foreign Ministry said on Thursday.
The ministers noted the unprecedentedly high level that bilateral relations between Ukraine and France have now reached. The French minister expressed satisfaction with the close dialogue he had with his Ukrainian counterpart.
Le Drian expressed his gratitude to Kuleba for his personal assistance in the quick and well-coordinated relocation of the French Embassy in Ukraine to the new premises.
“The ministers welcomed the active development of economic cooperation, in particular the conclusion of four strategic intergovernmental agreements totaling more than EUR 1.3 billion. The parties positively noted a recent visit of a plenipotentiary delegation of the Movement of the Enterprises of France [MEDEF] to Ukraine, which included top leaders of a number of French companies,” the Ministry of Foreign Affairs of Ukraine said.
The parties also discussed the prospects for the Normandy format at all levels: heads of state and government, foreign ministers, and advisers to leaders.
“Kuleba noted that Ukraine highly appreciates the efforts of France in the framework of the Normandy format, which despite the provocative behavior of Russia, remains the main platform for the settlement of the Russian-Ukrainian armed conflict,” the ministry said.
In addition, Le Drian explained in detail to Kuleba the motives behind a recent German-French initiative to restore the EU’s dialogue with the Russian Federation, which did not find support among the EU member states.
“The French minister stressed that Paris is in favor of a demanding dialogue towards Moscow. The head of Ukrainian diplomacy recalled that the EU suspended summits with Russia in 2014 as a result of Russia’s aggression against our state, and without constructive steps from the Russian side, there are no grounds to talk about the restoration of this format of a dialogue,” the report said.

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LEKHIM TO SUPPLY FIRST BATCH OF CORONAVAC VACCINE TO UKRAINE WITH CROWN AGENTS

The Lekhim Group of Companies plans to supply the first 500,000 doses of the Chinese vaccine against coronavirus (COVID-19) CoronaVac produced by Sinovac and purchased by the British agency Crown Agents at the expense of the national budget.
The company told Interfax-Ukraine on Thursday, the first delivery under this contract is expected on July 5.
In addition, the company said that on July 29, Lekhim carried out the last delivery of this vaccine under a contract with state-owned enterprise Medical Procurement of Ukraine.
As reported, Lekhim supplied 1.9 million doses of CoronaVac vaccine to Ukraine under a contract with the Health Ministry.
The contract with Crown Agents provides for the delivery of 7.7 million doses of this vaccine to the country.

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UKRAINIAN ENTREPRENEURS FROM JULY 1 CAN USE SIMPLIFIED DELIVERY OF PARCELS TO EU

From July 1, key trading platforms of the world will be able to act as a tax agent for sellers, including sellers from Ukraine, thanks to which the procedure for registration of shipments to EU countries will be significantly simplified for the latter and, provided that the shipment is correctly processed, the time for passing through customs control will be reduced.
The press service of Ukrposhta reported on Wednesday that key marketplaces such as Etsy, eBay, Wish, Amazon and others, in particular, will independently calculate VAT on goods sold that are sent to Europe, and will directly settle with the tax authorities of the countries of delivery.
“For Ukrainian entrepreneurs, this means that all parcels to Europe with goods worth up to EUR 150, which will pass the correct registration in the personal account of Ukrposhta, will be delivered as quickly as possible and automatically go through customs in a few seconds. Previously, customs clearance of parcels could take from one day to a week, depending on the workload of customs inspectors,” the company said.

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