According to the results of June 2021, Sikorsky Kyiv International Airport served 117,545 passengers, which is over 2 times less than in the pre-crisis June 2019 (some 248,500 passengers).
At the same time, the infographics on the airport’s website indicate that in June this year, the largest passenger traffic was recorded since March 2020, when 78,900 passengers were served (in June 2020, Kyiv airport began operating international passenger flights only on June 17 due to quarantine restrictions).
In just six months of 2021, the airport served 337,340 passengers, which is almost 4 times less than in the same period in 2019 (some 1.332 million): international routes – 320,600 passengers, and domestic – 16,700 passengers.
KSG Agro in 2020 cut its net profit by 68.8% compared to 2019, to $1.27 million, while increasing EBITDA by 2.9 times, to $6.02 million.
According to the audited report of the holding, published on Friday evening on the website of the Warsaw Stock Exchange, its revenue over the past year decreased 11%, to $21.34 million.
At the end of 2020, KSG Agro increased its gross profit 2.4 times, to $6.25 million, and operating profit 10.5 times, to $4.35 million.
The company said that the crop yield in 2020 increased by 5.2% compared to 2019 – up to 40,000 tonnes, while the wheat crop increased by a quarter, to 17,900 tonnes, rapeseed – 2.4 times, to 2,730 tonnes, sunflower harvest decreased by 9.7% – to 11,700 tonnes.
“The total area of agricultural land used by the group as at 31 December 2020 is 21,000 hectares, of which 10,000 hectares are currently under winter crops and are expected to yield a total of 23,60 tonnes of wheat, barley and rapeseed at harvest. The group manages to maintain crop farming revenue at comparable levels to pig breeding, but because crops are exposed to weather conditions, revenues from pig breeding are still considered by management to be more reliable and remain the key strategic focus,” KSG Agro said in the report.
According to the agricultural holding, its revenue from the livestock segment in 2020 decreased by 8% compared to 2019 reaching $10.3 million, while the food processing segment brought the company 22% less, and amounted to $8.4 million. The total marketable pig number of the company as of December 31, 2020 increased by 7.8% compared to December 31, 2019, to 41,416 heads.
“Current year harvest was comparable to the previous year, so the relative decrease in sales is mostly attributable to the general slowing down in business when the first coronavirus prevention measures were introduced, and people were beginning to adapt to the new reality. After that, demand for crops and pork, as well as other goods used to manufacture food products, returned to the previous levels,” the company said in the report.
According to the company, there had been no significant impact of the COVID-19 pandemic on the group’s profitability position so far. The pandemic is not expected to have an immediate material impact on business operations.
DYNAMICS OF CHANGES IN POPULATION OF UKRAINE FROM 1991-2021
Member of parliament of III-VIII convocations Kostiantyn Zhevaho was not put on the international wanted list, the press service of the ex-MP said on Thursday evening, July 15.
“The legal office of Kostiantyn Zhevaho knows that the Ukrainian bureau of Interpol filed a request to put him on international wanted list. This was a continuation of the illegal criminal prosecution against the entrepreneur. According to the press service and lawyers of Mr. Zhevaho, today there is no official confirmation of this statement from Interpol,” the office said in a statement forwarded to Interfax-Ukraine.
Interpol is currently considering Zhevaho’s case, but the final decision has not yet been made on it.
“The request of the Ukrainian Bureau of Interpol was sent to the central office of the organization back in October last year. The duration of its consideration indicates that the arguments presented in the document are not convincing and require careful study,” the press service of the ex-MP said.
The State Bureau of Investigations (SBI) said on July 15 that Interpol declared Zhevaho as the one put on the international wanted list.
“On September 27, 2019, the former MP was notified of suspicion. He, as the former owner of Finance and Credit Bank, organized the embezzlement of $113 million of this financial institution,” the press service of the SBI said.
INTERNATIONAL WANTED LIST, KOSTIANTYN ZHEVAHO, WANTED LIST, ZHEVAHO
Gazprom has booked all offered firm additional transit capacities through Ukraine for August, according to the results of the monthly Regional Booking Platform auction.
Gazprom reserved extra capacities for August via RBP on Monday. The Russian gas company requested all of the 15 million cubic meters per day offered. The outcome of the auction was the same in the previous months.
Given that 100% of the offered firm capacities were sold at the auction, an additional one could be announced in the near future, for interruptible capacities, whose fulfilment depends on the technical capabilities of the gas transportation operator. This auction will likely take place on July 27.
Ukrainian gas companies already usually refer to Gazprom’s reluctance to buy non-guaranteed capacities – which are normally offered at a discount – at a guaranteed price as blackmailing Europe. However, the ratio of firm and interruptible gas transportation capacities remains the same at 19% and 81%, respectively.
Although preventive maintenance work is taking place on the Nord Stream and Yamal-Europe Russian export gas pipelines in July, Gazprom declined to increase its booking of Ukrainian gas transportation capacities, offsetting the fall in transit by withdrawing gas from storage facilities in Europe.
Gazprom has a long-term reservation of Ukrainian capacities in the volume of 40 billion cubic meters for 2021, which is equal to 109 mcm per day. With the additional 15 mcm booked at auction, this amounts to 124 mcm per day. The company is pumping 124 mcm per day on average through Ukraine in July, fully using the volume booked.
The cost of square meter of housing in new buildings in Ukraine in January-June 2021 grew by 10-20% depending on the readiness of the facility and the region, Director General of the Financial and Investment Management Association (FIMA) Viktoria Volkovska has told Interfax-Ukraine.
“We have analyzed dozens of housing facilities throughout Ukraine that work with construction financing funds. The overwhelming majority indicate an increase in the cost of square meter. At the same time, we have a situation where the cost of housing is growing faster than the price,” she said.
According to a survey conducted by FIMA, 76.9% of respondents reported an increase in the cost of square meter by 10-20%, and 7.7% told about an increase of more than 20%. Only 15.4% of respondents said that the cost of housing has not changed significantly.
In addition, only 10% of respondents reported a decrease in the volume of construction work, while 40% reported an increase of more than 20%, 10% – a 20% increase, and 20% – a 10% increase.
The FIMA study is based on an online survey of construction finance fund managers conducted following the results of the first half of 2021.
The Financial and Investment Management Association (FIMA) was established in May 2020 in connection with the entry into force of the law on amendments to certain legislative acts concerning improving the functions of public administration of financial services markets. It unites 41 financial companies that manage FFS funds in Kyiv, Lviv, Odesa, Dnipropetrovsk and Kharkiv.
