Nissan Motor Ukraine will start official sales of the updated Nissan Leaf in Ukraine this summer, according to a press release from the company.
“Nissan Motor Ukraine announces the official start of sales this summer of one of the most popular electric cars in the world. Nissan Leaf has become a pioneer in the segment of mass electric vehicles, and today it is one of the world’s bestsellers, with more than 500,000 cars sold,” the report says.
As reported, only used Nissan Leafs are currently imported to Ukraine, which for a long time held the undisputed leadership in the initial registrations of electric vehicles in Ukraine.
According to the Ukrautoprom association, in 2020 the registrations of Nissan Leaf amounted to 2,180, while Tesla Model 3 ranks second with 865 cars.
However, already in January 2021, the leadership in the Ukrainian market was seized by Chevrolet Bolt with 133 cars versus 107 Nissan Leaf cars, and by the end of the first quarter, the brands were practically equal in registrations.
The press release has not yet clarified the details, including prices and the date of the start of sales of the updated Nissan Leaf.
“This event, which many have been waiting for, became possible thanks to the mid-term plan of Nissan Next and its practical implementation in Ukraine. The official start of sales of Nissan Leaf in Ukraine is the first step in implementing the strategy of promoting Nissan electric vehicles in our country. Closer to the start of sales, we will announce the package, prices and exact dates of the start of sales,” Volodymyr Ivanov, the PR coordinator of Nissan Motor Ukraine, said on his Facebook page.
Nissan Motor Ukraine LLC, a subsidiary of Japan’s Nissan Motor Co, began operations in April 2005, and acts as an importer and distributor of Nissan and Infiniti in Ukraine.
Ukraine in January-March this year increased imports of aluminum ores and concentrate (bauxite) in quantity terms by 6% compared to the same period last year, to 1.303 million tonnes.
According to statistics released by the State Customs Service, during this period, bauxite imports in monetary terms increased by 11.8%, to $59.853 million.
At the same time, imports were carried out mainly from Guinea (56.17% of supplies in monetary terms), Brazil (25.86%) and Ghana (17.12%).
In January-March 2021, Ukraine re-exported 71 tonnes of bauxite for $15,000 to Poland (80%) and Germany (20%).
Mykolaiv Alumina Refinery LLC imports bauxite into Ukraine, the company is affiliated with United Company RUSAL (Russia). Alumina is produced from bauxite.
State-run PrivatBank topped the rating of the most profit-making Ukrainian banks in January-February 2021, having declared UAH 1.31 billion of net profit, while the largest loss was recorded by Pravex Bank – UAH 34.4 million.
According to the National Bank of Ukraine (NBU), the second position in the list of the most profitable banks was taken by Raiffeisen Bank Aval (UAH 758.705 million), the third by FUIB (UAH 676.133 million). Universal Bank with UAH 472.044 million) was fourth, and Alfa Bank with UAH 426.941 million was fifth.
According to the central bank, BTA Bank was second in terms of loss (UAH 7.68 million), the Ukrainian Bank for Reconstruction and Development (UBRD, UAH 6.671 million) third, AP Bank (UAH 6.389 million) fourth, and Unex Bank (UAH 4.682 million) fifth.
During this period 63 out of 73 banks operating in Ukraine saw profit.
According to the statistics of the National Bank, in terms of total assets, PrivatBank (UAH 561.062 billion) retained the first place in the rating in terms of total assets (UAH 561.062 billion), Oschadbank was second (UAH 279.702 billion), Ukreximbank (UAH 237.061 billion) was third, Ukrgasbank (UAH 149.524 billion) was fourth and Raiffeisen Bank Aval (UAH 118.33 billion) was fifth.
NATIONAL BANK OF UKRAINE, PRIVATBANK, RAIFFEISEN BANK AVAL, UKRAINIAN BANKS
Ukraine may lose EUR 700 million due to restrictions on the supply of Ukrainian metal products as part of the introduction by the European Union of the Carbon Border Adjustment Mechanism (CBAM), according to a study by the information and analytical center GMK Center presented at a roundtable devoted to the impact of CBAM on the metallurgy of Ukraine held on April 9.
According to the press release, early March 2021, the European Parliament approved a resolution introducing the Carbon Border Adjustment Mechanism (CBAM). The European Union regards the CBAM as a special fiscal instrument that will force manufacturers of imported products to pay the same price for CO2 emissions that European producers pay. The official proposal for CBAM from the European Commission is expected to appear by the end of the second quarter of 2021. CBAM is planned to be in effect no later than 2023.
According to the study conducted by analysts of GMK Center, the negative impact on the metallurgy of Ukraine from the introduction by the European Union of the CBAM can reach EUR 700 million, or 0.5% of the gross domestic product compared to 2019.
“The metallurgical industry of Ukraine will be one of the most affected as a result of the introduction of CBAM. This will happen due to our close partnership with the EU. After all, domestic metallurgists supply 26% of marketable products to the European market, which is more than to our domestic market. Our competitors do not have such a high dependence on the EU market. The introduction of the CBAM will mean a decrease in the competitiveness of Ukrainian exports, losses for the domestic economy, a rupture of production chains between European and Ukrainian enterprises,” Director of GMK Center Stanislav Zinchenko said.
According to him, the annual export losses of Ukrainian metallurgy from the introduction of CBAM by the European Union are estimated at EUR 155-200 million per year, depending on the scenario. It will also reduce the financial results of the industry by EUR 105-200 million per year.
The CBAM covers about EUR 2.5 billion of metallurgical exports per year. The exact scale of damage to national producers depends on the form of implementation of the CBAM.
As a result of the effect of the carbon tax, one can expect a decrease in the volume of pig iron production by 500,000 tonnes (2.5% down compared to the level of 2019) and long products (including square billets) by 110,000 tonnes (1.4% down).
According to Chief Analyst at GMK Center Andriy Tarasenko, this could also lead to a decrease in the volume of capital investments in the amount of up to EUR 130 million per year (12% down compared to the level of 2019). In the long run, this will mean chronic investment lag and a competitive disadvantage.
“The CBAM should not be applied to Ukraine, since we have already taken on the goals of the European Green Deal. The exclusion of Ukraine from the CBAM, on the contrary, will be an incentive for the Ukrainian economy,” Zinchenko said.
The Georgian ambassador to Ukraine, who was recalled for consultations in May 2020 in connection with the situation related to former Georgian President Mikheil Saakashvili, will be sent back to Kyiv in the near future.
The decision to bring the Georgian ambassador back to Kyiv will be made shortly, Georgian Foreign Minister David Zalkaliani said on the Rustavi 2 television channel on Saturday. “This is the wrong time and the wrong circumstance – tensions escalating around Ukraine – to not have our ambassador in place,” Zalkaliani said, adding that Georgia would seek dynamic development of relations with Ukraine.
“We have a lot of common challenges, bilateral relations have been affected, but we are a state and we act to the benefit of state interests,” Zalkaliani said, adding that Ukraine took Georgia’s decision to recall its ambassador with understanding.
The Georgian Foreign Ministry recalled Ambassador Teimuraz Sharashenidze from Kyiv for consultations in May 2020 after former Georgian President Mikheil Saakashvili (2004-2013) was naturalized by Ukraine and took charge of the Executive Committee of Ukraine’s National Reform Council. Tbilisi explained its demarche with the appointment of a person convicted in Georgia to an official position in Ukraine in contradiction to the spirit of bilateral cooperation. In addition, the Georgian authorities repeatedly called Kyiv’s attention to the fact that Saakashvili kept interfering in Georgia’s internal affairs.
Ukraine in January-March this year increased exports of coke and semi-coke in quantity terms by 6.7 times compared to the same period last year, to 48,970 tonnes.
According to statistics released by the State Customs Service, in monetary terms, exports of coke and semi-coke increased by 14.2 times over this period, to $11.880 million.
At the same time, main exports were carried out to Turkey (52.68% of supplies in monetary terms), Bosnia and Herzegovina (12.58%) and Kazakhstan (12.28%).
Ukraine in January-March 2021 imported 84,895 tonnes of coke and semi-coke, which is 2.4 times more compared to January-March 2020. In monetary terms, imports increased by 2.5 times, to $21.141 million.
The products were mainly imported from the Russian Federation (57.24% of deliveries in monetary terms), Poland (24.37%) and the Czech Republic (14.53%).
