Business news from Ukraine

Business news from Ukraine

French Quantel medical donates to Odessa Institute of Ophthalmology new diagnostic equipment

The French Quantel medical, with the assistance of the Ukrainian Embassy in France, donated it to the Institute of Eye Diseases and Tissue Therapy named after Filatov (Odessa) as a humanitarian aid a new probe (sensor) for the Aviso apparatus for ultrasonic biomicroscopy of the anterior eye.

As Interfax-Ukraine was informed at the clinic, up to 5,000 patients need to be examined on the Aviso device annually, in particular, to detect and monitor the state of intraocular tumors and neoplasms of the conjunctiva of the eye.

In addition, the need for probe-assisted examination increases during the war for patients with trauma, foreign bodies in the anterior part of the eye, chemical and thermal burns.

In the spring of this year, the institute had an urgent need for a new sensor, since the existing one actually failed. The sensor for each device is made individually.

During the war, the clinic was not able to update the equipment on its own, in particular, due to funding limitations, the lack of a sensor in Ukraine, disruption of supply chains and delivery difficulties.

“Administration, doctors and patients of the clinic of the Institute of Eye Diseases and Tissue Therapy named after Filatov wholeheartedly express their gratitude to the General Director of Quantel medical, Mr. Jean-Marc GENDRE / Jean-Marc GENDRE and the company’s employees for the provided humanitarian assistance and the Embassy of Ukraine in France for their invaluable help and support,” the clinic emphasized.

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Next ships with Ukrainian grain loaded, ready to depart

Minister of Foreign Affairs of Ukraine Dmytro Kuleba said the next ships with Ukrainian grain are loaded and ready to depart.

“Next ships with Ukrainian grain are loaded and ready to depart. If Russia holds to its commitments under the UN-brokered grain initiative, they will reach foreign customers and help tame food prices and avert hunger. Ukraine remains committed to combating global food insecurity,” Kuleba said on Twitter on Thursday night.

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List of TOP-20 risk insurers in Ukraine based on the results of the 1st quarter of 2022

Performance indicators of the TOP-20 insurance companies for the first quarter of 2021 in terms of net premiums (UAH mln)

Data: NBU

Leaders of Ukrainian insurance market in terms of collected premiums in Jan-March 2022 were ARX, Uniqa and TAS

Insurance companies ARX (UAH 810.2 million), Uniqa (UAH 669.7 million) and IG TAS (568 .9 million UAH, all Kyiv).
According to the main performance indicators of Ukrainian insurance companies published on the NBU website for 1 sq. 2022, while the leaders in insurance payments for 3 months. were Uniqa (UAH 276.4 million), ARX (UAH 271.2 million) and TAS SG (UAH 244 million).

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Singapore opened pet food market to Ukraine

On August 3, the State Service for Food Safety and Consumer Protection and the Ministry of Foreign Affairs of Ukraine agreed with the competent authorities of Singapore on certificates for the export of Ukrainian pet food, the agency’s website reported on Thursday.
“Now the Singapore feed market, which imports more than $170 million annually, has become accessible to Ukrainian producers thanks to the joint work of the Ministry of Foreign Affairs and the State Food and Consumer Service. The opening of new markets contributes to the development of the national industry, stimulates the creation of new jobs, and therefore makes us stronger,” he quotes State Food and Consumer Service of the Minister of Foreign Affairs of Ukraine Dmytro Kuleba.
The corresponding form of the certificate is published on the official website of the department.

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Export of sunflower seeds from Ukraine in 2022/23 to be reduced by 41.2%

Production of sunflower seeds in the 2022/2023 marketing year (MY, September-August) is projected at 9.4 million tonnes, which is 42.6% less than the previous MY (16.4 million tonnes), while their exports will decrease by approximately 41.2%, to 1 million tonnes from 1.7 million tonnes.
Such data were announced by Stepan Kapshuk, Director General of the Ukroliyaprom Association, during the online conference “Ukrainian oilseed market: optimistic or pessimistic forecast” on Thursday.
Thus, this MY is expected to reduce production of sunflower seeds to the lowest value in ten years, which is even lower than in 2013/2014 MY with 11.5 million tonnes. This decrease is caused by the Russian military invasion into Ukraine, the temporary occupation of part of its territory, and logistical problems associated with Russian aggression.
The head of the association stressed that in 2022/2023 MY, oilseed exports are expected to decrease by 10.6%, to 5.1 million tonnes from 5.71 million tonnes in 2021/2022 MY, including sunflower seeds 41.2%, to 1 million tonnes, and rapeseed by 4%, to 2.6 million tonnes from 2.71 million tonnes. However, soybean exports are expected to grow by 15.3%, to 1.5 million tonnes from 1.3 million tonnes in 2021/2022 MY.
According to Kapshuk, in general, in 2022/2023 MY, production of oilseeds in Ukraine is projected at the level of 14.86 million tonnes, of which, in addition to indicated 9.4 million tonnes of sunflower seeds, 2.87 million tonnes account for rapeseed, and 2.59 million tonnes for soybeans.
At the same time, it is expected that in Ukraine 95.7% of produced sunflower seeds – 9.0 million tonnes, 38% of soybeans – 1 million tonnes, and 7% of rapeseed – 200,000 tonnes will be processed in 2022/2023 MY.
According to the Director General of Ukroliyaprom, in 2022/2023 MY, Ukraine will produce 4.0 million tonnes of sunflower oil, while 4.2 million tonnes will be exported, of which part will be sent from transitional stocks left over from the previous period. These figures are lower than those of MY 2021/2022 with 5.2 million tonnes of oil produced and 4.3 million tonnes of exports, and are comparable to the indicators of MY 2013/2014 (production – 4.6 million tonnes, export – 4.19 million tonnnes).

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