The average salary in Ukraine reached UAH 19.5 thousand at the beginning of 2024, which is 30% or UAH 4.5 thousand more than at the beginning of 2022, according to a study of job offers by Work.ua.
“Since the beginning of the full-scale invasion, the labor market has recovered by 93% in terms of the number of vacancies,” the study says.
According to the published data, in January 2024, employers published more than 91 thousand vacancies, which is 6% less than in December 2023, and 7% less than in January 2022, but about 11 times more than in March 2022.
It is noted that, compared to pre-war figures, the number of vacancies has increased the most in Zakarpattia (55%), Ivano-Frankivsk (46%), Khmelnytsky (25%), Lviv (23%), Vinnytsia (20%), Rivne (18%) and Chernivtsi (16%) regions.
Kyiv (30.9 thousand vacancies), Lviv (almost 8.5 thousand), Dnipropetrovs’k (8.45 thousand), Odesa (5 752) and Kharkiv (3 347) regions remain the leading regions in terms of the absolute number of job offers. These regions account for 63% of all vacancies.
In terms of growth by category compared to pre-war figures, the top 5 categories were medicine and pharmaceuticals (+26%, to 6 thousand offers), education and science (+23%, to 4.8 thousand), security and safety (+22%, to 2.3 thousand), law (+13%, to 1.8 thousand), and retail (+9%, to 12 thousand).
At the same time, in 19 categories, there were fewer job offers in January 2024 than in January 2022. IT, computers, and the Internet are the slowest to recover.
Research by Work.ua shows that Ukrainians want to work remotely: in January 2024, there were already 3% more remote work offers (6.2 thousand) than in January 2022.
It is emphasized that there are many more vacancies in the public sector – in non-profit, charitable and public organizations: if in January 2022 there were 100 of them, now their number has exceeded 1100.
In addition, the number of vacancies for veterans has tripled. At the same time, such job offers still account for 7% of the labor market.
Also, since January 2022, the number of vacancies for pensioners has doubled (about 4% of the labor market). For people with disabilities, the number of job offers increased by 22%, and for students – by only 1%.
“Changes in the country’s life have also affected the labor market. Thus, professions that were not previously available on Work.ua have appeared on the site. First of all, these are specialists of the Defense Forces: combat medic, grenade launcher, mortar gunner, drone pilot, etc.”, the study states.
It is emphasized that there is a demand for mental health in society: an increase in vacancies can be seen for psychologists (+136% in January 2024 compared to January 2022) and psychiatrists (+129%).
There is a growing demand for rehabilitation specialists and doctors: massage therapists (+69%), nurses (+67%), cardiologists (+67%), rehabilitation therapists (+58%), surgeons (+56%), nurses (+51%), and dental assistants (+44%).
The forced migration of Ukrainians abroad has spurred demand for teachers of English (+40%), Polish (+69%), German (+93%), French (+200%), and Spanish (+218%).
The full-scale invasion affected the work of employees in the tourism, shipping, and construction sectors, so there were fewer jobs for tourism managers (-62%), crewing managers (-56%), architects (-54%), interior designers (-53%), and 1C analysts (-55%) due to the rejection of Russian software.
The biggest drop in job offers is in the IT sector: Front-end developer (-81%), back-end developer (-75%), tester (-63%), etc.
Work.ua experts said that the rejection of the Russian language has affected the labor market, and in January 2024, the vast majority of vacancies, namely 96%, were in Ukrainian.
Astarta Agro-Industrial Holding, the largest sugar producer in Ukraine, exported more than 1 million tons of products to global markets in 2023, the company’s press service reported on Facebook.
According to the report, the main consumers of corn were China, Spain, Portugal, the Netherlands, and wheat – Spain, Indonesia, Portugal, and Sri Lanka.
Astarta supplied sugar, soybean oil and meal mainly to European markets, and organic products to Germany, France, Switzerland and the Czech Republic.
In the first nine months of 2023, the agro-industrial holding decreased its net profit by 9.8% to EUR 55.97 million, while revenue increased by 14.8% to EUR 392.00 million.
“Astarta is a vertically integrated agro-industrial holding company operating in eight regions of Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220,000 hectares and dairy farms with 22,000 cattle, an oil extraction plant in Globyno (Poltava region), seven elevators and a biogas complex. For this marketing year’s harvest, the company sowed 201 thousand hectares, which is 40% more than last year.
Metinvest Group’s Kametstal plant, which was set up at the facilities of Dnipro Metallurgical Plant (DMK, Kamianske, Dnipro region), increased its tax and fee payments by 34.8% in 2023 compared to 2022, to UAH 2.154 billion.
According to a press release, despite the economic, logistical and energy challenges of operating under martial law, Kametstal increased its tax revenues last year compared to 2022. At the same time, the budget of the city of Kamenskoye received almost UAH 605 million. The regional and state budgets received more than UAH 1.549 billion.
Kametstal’s most significant sources of revenues to the budgets of various levels are: a single social contribution of over UAH 401 million; land tax of over UAH 364.5 million; and personal income tax of UAH 352.5 million last year.
In addition, almost UAH 156.5 million of income tax and more than UAH 154 million of environmental tax were transferred to the treasury in 2023.
KAMETSTAL’s Chief Financial Officer Sergey Polukhin noted that despite the trials and tribulations of wartime, KAMETSTAL, along with other Metinvest Group companies, remains a stable producer of steel products important to the country’s economy and a responsible taxpayer.
“Today, the plant is also a reliable pillar of Kamenskoye’s economy and the largest donor to the city budget. The funds contributed by the enterprise significantly help to maintain the stability of salary payments to employees of the city’s utilities, ensure the operation of hospitals and other city programs. We work together for Ukraine and Ukrainians,” said the CFO.
It is also noted that in 2023, including associates and joint ventures, Metinvest Group paid UAH 14.6 billion in taxes and fees to the budgets of all levels in Ukraine. The rejection of tax benefits that the company is entitled to under the law made it possible to allocate additional funds to those areas where it is needed most.
As reported, in 2022, Kametstal paid UAH 1.598 billion in taxes and duties, which is higher than in 2021.
“Kametstal was created on the basis of Dnipro Coke Plant (DKKhZ) and Central Metallurgical Plant (DMK) of PJSC Dnipro Metallurgical Plant.
According to the 2020 report of Metinvest Group’s parent company, Metinvest B.V. (Netherlands) owned 100% of the shares in DCCP.
Quotes of interbank currency market of Ukraine (UAH for €1, in 01.11.2023-30.11.2023)
Source: Open4Business.com.ua and experts.news
State-owned JSC Ukrzaliznytsia (UZ) has transferred UAH 1.259 billion to the state budget of Ukraine as an advance payment of dividends based on the results of its business activities in 2023, the press service of UZ reported on Wednesday.
“This is the first advance payment, because we are still finalizing the consolidated report, which will clearly determine our profit based on the results of work in 2023,” said Yevhen Lyashchenko, Chairman of the Board of UZ.
It is noted that, according to the government’s decree, the rate of deductions for Ukrzaliznytsia is set at 50%, provided that 30% of the profit will be used to finance capital investments approved in the financial plan for 2024, as well as to reconstruct critical railway infrastructure and renew rolling stock.
As reported, on February 27, the government instructed Naftogaz of Ukraine, Ukrzaliznytsia, Ukrhydroenergo, Ukrainian Energy Machines, Nizhnednistrovska HPP, and Ukrainian Defense Industry to transfer to the state budget at least 50% of the annual dividends on the state share for 2023 in advance by March. According to the Ministry of Finance, this will allow the state budget to receive at least UAH 3 billion in February.
Kremenchuk Metalware Plant (Poltava region) increased its net profit by 4.66 times in 2023 compared to 2022, to UAH 1 million 324,366 thousand from UAH 284 thousand.
According to the information for the company’s annual general meeting of shareholders scheduled for March 22 this year, which will be held remotely, the meeting will complete voting on April 1, 2024.
At the same time, the shareholders intend to summarize the results of 2023 and leave the profit undistributed.
It is also planned to approve the new version of the charter, approve the decision of the Supervisory Board to appoint the external auditor of AF “Intellect Capital” LLC for 2023.
The meeting intends to hold elections of members of the supervisory board.
As reported, in 2022, Kremenchuk Metalware Plant reduced its net profit by 51.5% year-on-year to UAH 284 thousand.
Kremenchuk Metal Products Plant was established in 1994 on the basis of the state-owned Kremenchuk Plant of Special Metal Structures and Communication Products through its corporatization. In 2008, Kryukiv Carriage Works (KVSZ) acquired Kremenchuk Metal Products Plant.
According to the NDU for the third quarter of 2023, AS Skinest Finants (Estonia), which is a shareholder of KVSZ, owns 75% of JSC Kremenchuk Metal Products Plant.
The authorized capital of the JSC is UAH 1067.2 thousand, the par value of the share is UAH 0.05.
