Business news from Ukraine

Business news from Ukraine

LEADING MOBILE OPERATOR KYIVSTAR LAUNCHES REMOTE SWITCHING TO CONTRACT WITH DELAYED SIGNING OF CONTRACT

Subscribers of prepaid communications of the mobile operator Kyivstar will be able to switch to the contract form of service remotely by calling the operator’s call center.
According to the press service of the operator, it is enough to give your surname, name and date of birth to the operator of the call center to enter them into the contract, and then select a tariff plan.
Further, within 30 days, subscribers will be able to visit any Kyivstar branded store with a passport and TIN to complete the signing of the contract. All this time, they will be able to use the basic services in their new tariff.
“It became possible to simplify the connection of contract tariffs thanks to the operator’s IT systems upgrades to a modern solution from Ericsson,” the report says.
Kyivstar also notes that the company has more than 520 branded stores throughout Ukraine, where customers can complete the transition to a contract, choose another advantageous tariff plan, resolve service issues or purchase a modern 4G smartphone and other gadgets.
“Contract subscribers can have several numbers on one account, which is beneficial for paying and managing the services of the whole family. And, of course, they have a higher level of protection of the number and SIM card, because only an identified owner can carry out all operations with them. This is especially it is relevant if online banking, profiles on social networks and the like are linked to the number,” the operator emphasizes.

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ODESSA PORT-SIDE PLANT SELECTS SINGAPORE DACHEX SHIPPING AS NEW CUSTOMER

Singapore’s Dachex Shipping Pte. Ltd became the winner of the third stage of the procedure for selecting the customer for the processing of customer-supplied raw materials for JSC Odesa Port-Side Chemical Plant.
According to a statement on the plant’s website, the company offered the best additional conditions for cooperation, namely: the conclusion of a financing agreement (interest-free loan) for up to $20 million for a period of two years.
As reported, on April 19, 2021, Odesa Port-Side Chemical Plant suspended the procedure for selecting a “customer” at the claim of trader United Energy LLC, part of the Privat Group. At the same time, the plant said that it would appeal this court ruling in order to return to making a decision on the winner of the selection procedure or holding the third stage – negotiations.
First Deputy Head of the State Property Fund (SPF) Denys Kudin told Interfax-Ukraine that the other day the court sided with the enterprise.
Before receiving a court verdict on a pause in the competition, the plant held an electronic tender for the tolling processing of raw materials and shipment of products that day, in which ten companies took part.
ccording to the protocol of the exchange, all 10 participants in the auction offered the lowest possible “zero” coefficient of limit, which is part of the formula for calculating the “additional remuneration.” Accordingly, at the next stage, the plant shall negotiate with all bidders to determine the winner.

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UKRAINE STARTS 5-YEAR PROJECT ON FOREST INVENTORY – UKRDERZHLISPROEKT HEAD

The national forest inventory with a total budget of about UAH 60 million and the publication of data on the state of the forest fund will last until 2027 with the publication of an interim total in 2023, head of the production association Ukrderzhslisproekt Viktor Melnychenko said during a press conference at the Interfax-Ukraine agency on Tuesday.
Melnychenko said that the inventory being carried out would provide generalized information for strategic planning in various sectors, including forestry.

He clarified that the State Agency for Forest Resources had appointed Ukrderzhslisproekt to be responsible for the inventory of forests in Ukraine.
The inventory will be carried out in the next five years, after which the information received will be analyzed and the final report prepared for another year. At the same time, the expert noted that the national forest inventory is the only method for determining the currently unknown indicators of natural growth (loss) of forest vegetation, as well as their qualitative and quantitative indicators, which are the main ones in discussions about the intensity of forest use.
“During the period of independence, only two state forest registrations were carried out: in 1996 and in 2011. Conceptually, it is the Research Laboratory that is designed to change the principles of the national forest inventory,” Melnychenko said.
The head of Ukrderzhslisproekt said that during the inventory, 30 specialists from 15 teams would collect more than 50 items of indicators from 18,000 forest plots, where trees have important ecological and economic characteristics. To record all changes occurring in the forest, the control plots will be regularly studied over two five-year cycles, which will make it possible to prepare an array of more than 70 types of reporting data with generalized information about the forests of Ukraine.
According to him, at the moment the project staff numbers 19 people, of which seven teams have been formed, and five more employees will check the objectivity of the information already collected.
The inventory budget for 2021 will amount to UAH 12 million, 90% of which will be used to pay the salaries of workers collecting information in the field. Accordingly, the total budget of the National Forest Inventory for the entire duration of the program is planned at about UAH 60 million.
Melnychenko clarified that data on the state of forests would be made public on a publicly accessible specialized website with information about the national forest inventory. In this case, the maximum statistical error during research will be no more than 3%.
“The inventory data will be a significant source for scientific research, which will contribute to the further improvement of forest inventory characteristics. In the future, the research laboratory will play a key role in the state system of information on forests,” Melnychenko said.

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MAJOR SUPPLIERS OF COAL TO UKRAINE ARE RUSSIA WITH 60% SHARE AND US WITH 22.5%

Ukraine in January-June 2021 increased imports of coal and anthracite by 17.6% compared to the same period in 2020, to 10.145 million tonnes.
According to the State Customs Service, coal was imported for $984.046 million, which is 4.1% more than in January-June 2020 ($945.346 million).
Coal came from the Russian Federation for $587.543 million (a share in imports – 59.71%), the United States – for $221.273 million (22.49%), Kazakhstan – for $114.96 million (11.68%), other countries – for $60.27 million (6.12%).
Coal exports by Ukraine for the six months of 2021 amounted to 204 tonnes for $25,000, in particular to Hungary – for $11,000, Belarus – for $7,000, Bulgaria – for $7,000. In the same period last year, no export was carried out.

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UKRAINE IN JAN-JUNE REDUCES REVENUE FROM ELECTRICITY EXPORT BY 40%

Ukraine in January-June 2021 reduced its revenue from electricity exports by 40.9% (by $74.921 million) compared to the same period in 2020, to $108.238 million, according to data from the State Customs Service.
According to the calculations of the Interfax-Ukraine agency, in the six months, electricity was supplied to Hungary for $50.714 million, Poland – for $31.217 million, Romania – for $14.446 million, other countries – for $11.861 million.
In particular, in June 2021, electricity was exported for $30.263 million against $5.96 million in June 2020.
In addition, during this period Ukraine imported electricity for $58.598 million against $109.004 million in the same period last year, in particular from Belarus – for $24.691 million, Slovakia – for $22.25 million, Russia – for $5.186 million, other countries – for $6.471 million.

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UKRAINIAN PRIME MINISTER: MARKET GRADUALLY REORIENTING FROM RUSSIA TO EUROPE

The volume of trade between Ukraine and Russia has dropped by nearly 84% over the past six years, Ukrainian Prime Minister Denys Shmyhal said at a joint press conference with European Commission Vice-President for Interinstitutional Relations and Foresight Maros Sefcovic in Kyiv.
“In fact, the volume of annual trade from Russia has dropped over the past six years by nearly 84%, from $37 billion to $7 billion. Trade turnover between Russia and Ukraine is gradually declining. At the same time, the volume of trade [between Ukraine and] Europe has grown to over 40%, which means it has grown by more than fivefold. The replacement of markets is underway, and Ukraine is learning to manufacture goods of higher quality, in line with European standards, which meets the course of our development,” Shmyhal said, when asked by Interfax-Ukraine what share of Ukrainian exports has been affected by Russia’s recently-introduced ban on imports of certain products from Ukraine and how the Ukrainian government would respond to it.
Shmyhal insisted that he was talking not about “trade wars” but about the Ukrainian market’s natural reorientation toward the European and other markets.
As was reported earlier, the Russian government extended a list of products that cannot be imported from Ukraine on June 28, 2021.

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