Ukrainians are actively switching to non-cash payments – 48% of citizens began to pay cashless more often than a year ago.
So, according to a study of the attitude of Ukrainians to non-cash payments, carried out by InMind for Mastercard in June 2021, some 49% are ready to completely abandon cash payments in the future, and every third Ukrainian is ready to do this within the next two years.
The company also notes that the pandemic has significantly influenced the growth of popularity of digital commerce in the world and in Ukraine in particular: 60% of surveyed users claim that they began to shop online much more often since the beginning of pandemic, and 45% make orders online regularly several times per month.
Also, Mastercard reported that during the pandemic, the “food” segment came out on top in Europe, showing an increase of 26%, the “electronics” segment grew by 24%, while in Ukraine both of these categories grew by 38%.
Also, an interesting trend in 2020 was the growth in the penetration of online transactions among customers over the age of 80 – both in the European market and in Ukraine. For example, in Czech Republic, the growth of online transactions in this category of users quadrupled last year.
“In Ukraine, the market has already recovered. We saw the first decrease in market activity and a significant drawdown in number of transactions during the first lockdown, when everyone was in shock. In January of this year there was also a lull, but January itself is not the most active month. But the lockdown in April did not show such a visible decrease in activity – people got used to it,” Director General of Mastercard in Ukraine and Moldova Inha Andreyeva said.
According to her, in Ukraine since 2016 there has been a stable increase in non-cash transactions by an average of 3% year on year.
“To date, nine out of ten transactions are already in the non-cash segment,” she said.
Also, 44% of Ukrainians prefer to choose shops with the possibility of cashless payments, and another 8% said they were not ready to use the services of shops without an option of cashless payments.
Prime Minister Denys Shmyhal instructed the relevant ministries and departments to issue clarifications regarding the launch of the land market.
“In less than a week, the land market will start operating in Ukraine. We held a preparatory meeting with representatives of ministries, the President’s Office, the NSDC secretary and members of the specialized committees of the Verkhovna Rada,” Shmyhal wrote in his Telegram channel.
The prime minister said that he instructed the relevant departments to pay special attention to the process of starting the reform.
“He also instructed the Ministry of Agrarian Ministry, the Ministry of Justice and the State Tax Service to issue clarifications regarding the land market, the work of notaries and to maximize the resolution of issues that Ukrainians may have,” he said.
Ukraine since the beginning of the 2020/2021 marketing year (July-June) and as of June 25, 2021 exported 43.94 million tonnes of grain and leguminous crops, which is 21.8% less than on the same date of the previous year.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 16.41 million tonnes of wheat, 22.59 million tonnes of corn, and 4.21 million tonnes of barley have been exported.
As of the indicated date, 123,700 tonnes of flour were also exported.
According to the Ministry of Agrarian Policy, Ukraine exported 56.72 million tonnes of grain and legumes in 2019/20.
MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN-MARCH 2021
The transport enterprises of Ukraine (excluding the territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the JFO area) in January-March 2021 reducedtransportation of goods by 3.6% compared to the same period in 2020, to 135.3 million tonnes, the State Statistics Service has reported.
According to its data, the freight turnover of carriers for the specified period decreased by 5.9%, to 64.4 billion tonne-kilometers.
According to statistics, in the first quarter of 2021, some 69.7 million tonnes of goods weretransported by rail in domestic traffic and for export, which is 5.7% less than in January-March 2020. Some 43.2 million tonnes (less by 0.5%) weretransported by road, 700,000 tonnes (less by 16.1%) by water, 21.7 million tonnes (less by 2.1%) by pipeline, 20,000 tonnes (more by 15.6%) by air.
Cypriot Dealbeta Investments Limited, created by Emerging Europe Growth Fund III (EEGF III) private equity fund managed by Horizon Capital, intends to gain control over the Cypriot company Avroretail Investments Limited, the owner of the Avrora social store network.
According to the website of the Antimonopoly Committee of Ukraine (AMCU), the relevant issue was included in the agenda of the commission’s meeting on June 24.
According to the report, Dealbeta Investments has already entered into a shareholder agreement with the citizens of Ukraine and Avroretail Investments, which contains provisions on concerted actions and restrictive obligations for a period of five years.
According to the state register, Avroretail Investments, registered in March of this year, in April became the owner of Prior Investments LLC (Scherbany village, Poltava region) with Seven A LLC (Poltava) instead of the co-owner of the Avrora chain, Poltava businessman Lev Zhidenko, and Vyhidna Pokupka LLC (Poltava) instead of Zhidenko (who owned 33.74%), Taras Panasenko (56.75%) and Lesia Klymenko (9.49%). Promyslova 9 LLC (Vinnytsia), which belonged to Zhidenko and Panasenko on a parity basis, was also registered for Avroretail.
Vyhidna Pokupka LLC (until May of this year – Lafesta) last year increased its revenue 2.4 times, to UAH 1.011 billion, and net profit – 2.2 times, to UAH 55.9 million.
According to the information on the website of the Avrora chain, its stores operate in almost all regions of Ukraine in the One Dollar Store format.
