Business news from Ukraine

Business news from Ukraine

PRESIDENT OF UKRAINE MEETS WITH PM OF SWEDEN

President of Ukraine Volodymyr Zelensky held a meeting with Prime Minister of Sweden Stefan Löfven, at which he thanked him for participating in the inaugural summit of the Crimean Platform and for sustainable support of the sovereignty and territorial integrity of Ukraine. Zelensky received an invitation to visit Sweden.
According to the press service of the head of state, Löfven said that the summit of this initiative is a powerful signal of the need to de-occupy Crimea both from the outside and for the Ukrainian society.
Zelensky expressed his sincere gratitude to the Swedish side for assistance in organizing an exposition of values important for Ukrainian statehood – the original Constitution of the Hetman Pylyp Orlyk of 1710 and the Hetman’s mace, which are now exhibited in Sofia Kyivska.
The Head of State and the Swedish Prime Minister discussed further interaction on the agenda of Ukraine’s relations with the EU and prospects for cooperation within the framework of NATO’s Enhanced Opportunities Partnership.
Security policy issues related to the implementation of the Nord Stream 2 project by Russia have become separate topics for a substantive dialogue.
The parties also discussed the tense situation on the borders of Belarus with neighboring countries due to the growth of the flow of illegal migrants and the Russian exercises “West-2021”, which worsen the security in the region.
The President of Ukraine informed his interlocutor about the situation in Donbas and thanked the Swedish side for the projects implemented by the defense departments, in particular in the field of mine clearance.
In addition, Zelensky, during a discussion of the possibilities of filling bilateral relations with specific projects, invited the Swedish side to take part in the creation of a network of waste processing plants in Ukraine.
The Prime Minister of Sweden noted the progress of Ukraine in the implementation of important reforms.

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UKRAINE IMPORTED PETROLEUM PRODUCTS WORTH $2.6 BLN IN JAN-JULY

In January-July 2020, Ukraine imported 4.5 million tonnes of petroleum products (according to FEACN code 2710: gasoline, diesel fuel, fuel oil, jet fuel, etc.), which is 3.1% more than in the same period last year (4.4 million tonnes).
According to the State Customs Service, oil products were imported in the amount of $2.6 billion, which is 34.7% more than in January-July 2020 ($2 billion).
Fuel was imported from Belarus for $1.1 billion (share – 43.05%), Russia – for $616.3 million (23.9%), Lithuania – for $315 million (12.22%), and other countries – for $537.3 million (20, 83%).
In addition, Ukraine exported 223,888 tonnes (plus 52.3% compared to January-July 2020) of oil products for a total of $116.22 million (plus 67.4%). The cost of fuel delivered to counterparties from Latvia amounted to $24.7 million, Malta – $17.2 million, Turkey – $13.7 million, and other countries – $60.6 million.

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RUBIZHNE CARDBOARD MILL INCREASES OUTPUT OF CORRUGATED PACKAGING

Rubizhne cardboard and packaging mill (Luhansk region), a leading Ukrainian manufacturer of cardboard packaging, in January-July 2021, taking into account the products of the subsidiary Trypilsky packing plant (Kyiv region), produced 157 million square meters of corrugated boxes, which is 13.7% more year-over-year.
According to the statistical data of the UkrPapir association provided to Interfax-Ukraine, Rubizhne cardboard and packaging mill slowed down the increase in the output of these products compared to the same period in 2020 (in January-June 2021 it was 17.1%, in January-May some 11.8%) and consolidated its leadership in Ukraine.
During this period, the mills in quantity terms increased the production of components for corrugated board (cardboard and corrugated paper) by 14.1%, to 138,330 tonnes.
At the same time, the total volume of commercial products of the two plants in monetary terms increased by 40.6%, to UAH 3.068 billion.

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PRESIDENT OF UKRAINE MEETS WITH PM OF SWEDEN

President of Ukraine Volodymyr Zelensky held a meeting with Prime Minister of Sweden Stefan Löfven, at which he thanked him for participating in the inaugural summit of the Crimean Platform and for sustainable support of the sovereignty and territorial integrity of Ukraine. Zelensky received an invitation to visit Sweden.
According to the press service of the head of state, Löfven said that the summit of this initiative is a powerful signal of the need to de-occupy Crimea both from the outside and for the Ukrainian society.
Zelensky expressed his sincere gratitude to the Swedish side for assistance in organizing an exposition of values important for Ukrainian statehood – the original Constitution of the Hetman Pylyp Orlyk of 1710 and the Hetman’s mace, which are now exhibited in Sofia Kyivska.
The Head of State and the Swedish Prime Minister discussed further interaction on the agenda of Ukraine’s relations with the EU and prospects for cooperation within the framework of NATO’s Enhanced Opportunities Partnership.
Security policy issues related to the implementation of the Nord Stream 2 project by Russia have become separate topics for a substantive dialogue.
The parties also discussed the tense situation on the borders of Belarus with neighboring countries due to the growth of the flow of illegal migrants and the Russian exercises “West-2021”, which worsen the security in the region.
The President of Ukraine informed his interlocutor about the situation in Donbas and thanked the Swedish side for the projects implemented by the defense departments, in particular in the field of mine clearance.
In addition, Zelensky, during a discussion of the possibilities of filling bilateral relations with specific projects, invited the Swedish side to take part in the creation of a network of waste processing plants in Ukraine.
The Prime Minister of Sweden noted the progress of Ukraine in the implementation of important reforms.

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PRESIDENT OF UKRAINE INTRODUCES NEW HOLIDAY

President of Ukraine Volodymyr Zelensky announced the introduction of a new Ukrainian holiday – the Day of Ukrainian Statehood.
“We are starting to celebrate the Day of Ukrainian Statehood. We consider its starting point the year of the establishment of Kyiv – the capital of Kyivan Rus – Ukraine, which is for a reason called the place where everything begins,” Zelensky said during a speech at the parade in honor of the 30th anniversary of Ukraine’s independence.
“We will celebrate the birth of our statehood on the day of our statehood flourishing – on the day of the baptism of Kyivan Rus – Ukraine,” he said, adding that “he signs a corresponding decree today, on August 24.”
The President also said that “Ukraine is starting the process of returning to their native land outstanding Ukrainians who lived for Ukraine, fought for Ukraine and were not buried in Ukraine.”

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EC PRESIDENT ARRIVES IN UKRAINE

President of the European Council Charles Michel has arrived in Ukraine to take part in the celebrations on the occasion of the Independence Day of Ukraine, as well as in the Crimea Platform summit.
“On behalf of the Government of Ukraine my warmest welcome to President of the European Council Charles Michel arriving to join the celebration of the 30th anniversary of Ukraine’s independence and the Crimea Platform summit,” Deputy Prime Minister of Ukraine for European and Euro-Atlantic Integration Olha Stefanishyna said on Twitter.