Business news from Ukraine

Business news from Ukraine

UKRAINE EXPORTS ALMOST 15 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine exported 14.8 million tonnes of grain and legumes since the beginning of the new 2020/2021 marketing year (MY, July-June) and as of October 23, which is 2.77 million tonnes less than on the same period of previous marketing year.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 10 million tonnes of wheat, 3.3 million tonnes of barley and 1.4 million tonnes of maize have been exported.
As of October 23 this year, 59,000 tonnes of flour were also exported.
As reported, Ukraine exported a record 57.2 million tonnes of grain, legumes and flour in the 2019/2020 marketing year, which is 13.5% more than in the previous one.

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FALL OF AGRICULTURAL PRODUCTION IN UKRAINE ACCELERATES IN SEPTEMBER TO 19.2%

The fall of agricultural production in Ukraine accelerated in September 2020 from the same month in 2019 to 19.2% from 5.5% in August, the State Statistics Service reported on its website.
According to its data, in general, in January-September this year, the decline in the Ukrainian agro-industrial complex accelerated to 13.1% from 9.8% in the eight months.
As reported, in 2019 agricultural production in Ukraine increased by 1.1% after jumping by 8.1% in 2018 and falling by 2.2% in 2017.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 23/10/20

National bank of Ukraine’s official rates as of 23/10/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF OCTOBER 23

Official rates of banking metals from national bank as of October 23

One troy ounce=31.10 grams

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UKRAINE IS PLANNING TO IMPLEMENT PILOT PUBLIC-PRIVATE PARTNERSHIP PROJECTS, IMPLEMENTATION TO ATTRACT MORE THAN $9 BLN OF INVESTMENT

Ukraine is planning to implement the first pilot public-private partnership (PPP) projects in the road industry, transferring six highways to concession.
A source in the industry told Interfax-Ukraine that the first sections and routes for PPP implementation will be offered:
– a section of the M-03 road from Boryspil to Poltava;
– a section of the M-06 road from Kyiv to Rivne;
– the route from Dnipro to Kryvy Rih and Mykolaiv (М-04, Н-11);
– the route Yahodyn – Kovel – Lutsk (М-07, М-19);
– the route Kharkiv – Dnipro – Zaporizhia (M-29, M-04, M-18);
– a section of the M-14 road from Kherson to Mykolaiv.
At the same time, a private investor will undertake the obligation to update and develop the existing road, and funds will be allocated from the Road Fund to support the investor, provided that he observes all obligations on the quality of road maintenance.
Instead of collection of fares, it is planned that the investor will earn by developing roadside infrastructure: gas stations, catering establishments, advertising space, etc.
According to Minister of Infrastructure of Ukraine Vladyslav Krykliy, the implementation of the entire program will allow in the medium term to attract more than $9 billion of private investment in the restoration and maintenance of more than 4,500 kilometers of national highways.
The first public-private partnership program in the road sector of Ukraine is planned to be presented in Kyiv on October 29, 2020.

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OWNER OF DCH GROUP TO INVEST IN TRAM PRODUCTION IN UKRAINE

The owner of DCH Group, businessman Oleksandr Yaroslavsky intends to invest EUR 5.5 million in the creation of a production of low-floor trams on the basis of the Ecopolis HTZ high-tech business park in Kharkiv, according to the DCH website.
“Production will be complex, so called, design-creation-release. Our tram should be better than European models in terms of price and quality. In one and a half or two years we plan to start mass production,” the press service quotes plant’s director general Andriy Koval during the presentation of the production site last week.
He added that a large amount of repair work is to be done at the site, but this is not a problem.
In turn, Yaroslavsky recalled that the city authorities, represented by Hennadiy Kernes (Kharkiv Mayor) and Ihor Terekhov (First Deputy), had asked him about the idea of creating a tram.
According to DCH, the engineering and consulting support of the project will be provided by partners from the Czech Republic. Other details of the project have not been given yet.
“The tram production will become the first resident of the industrial part of the Ecopolis HTZ high-tech business park besides Kharkiv Tractor Plant itself. In addition, we have many global technology companies, we are preparing to cooperate with. For example, a memorandum has been signed with Hewlett Packard Enterprise,” director of Ecopolis HTZ Managing Company Vitaliy Barannikov said.

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