Business news from Ukraine

Import changes in % to previous period up to apr 2024

Import changes in % to previous period up to apr 2024

Source: Open4Business.com.ua

JYSK has opened new store in Ivano-Frankivsk

The international chain JYSK opened a new store in Ivano-Frankivsk on Thursday in the Veles Mall (225a Vovchynetska Street), the retailer’s press service reported.
“The store is located on the ground floor next to the bomb shelter and is provided with alternative power sources,” said JYSK Country Director in Ukraine Yevhen Ivanitsa, emphasizing the priority in terms of safe shopping.
The store implements the modern JYSK 3.0 concept, with a selling area of 1,038 square meters, warehouse space of 388 square meters, and 40.85 square meters of office space.
This is the third JYSK store in Ivano-Frankivsk and 98 in Ukraine. In the financial year 2025, which starts in September, the chain plans to open 8 more new stores and renovate 12 existing ones. JYSK in Ukraine has more than 800 employees.
JYSK is part of the family-owned Lars Larsen Group with more than 3.4 thousand stores in 48 countries. JYSK’s revenue in the financial year 2022/23 amounted to EUR 5.2 billion.

, ,

Commissioning of housing in Ukraine, mln sq m

Commissioning of housing in Ukraine, mln sq m

Source: Open4Business.com.ua

Ukraine imported $124.5 mln worth of coke in January-July

Ukraine in January-July this year increased imports of coke and semi-coke in physical terms three times compared to the same period last year – up to 343.678 thousand tons.

According to statistics released by the State Customs Service (SCS) on Friday, imports of coke in monetary terms for this period increased 2.25 times to $124.520 million.

Imports were mainly from Poland (87.67% of shipments in monetary terms), Hungary (4.25%) and China (3.08%).

In the first seven months of the year, the country exported 1.025 thousand tons of coke worth $231 thousand to Moldova (99.57%) and Latvia (0.43%), while there were no exports in January and March 2024.

As reported, Ukraine in 2023 reduced imports of coke and semi-coke in physical terms by 8.5% compared to 2022 – to 328.697 thousand tons, imports in monetary terms decreased by 25.8% – to $129.472 million.

Ukraine exported 3.383 thousand tons of coke in 2023, down 12.3% from 2022. In monetary terms, it decreased by 22.2% – to $787 thousand. Exports were made to Moldova (100% of shipments in monetary terms), while imports were mainly from Poland (88.47%), Colombia (7.72%) and the Czech Republic (3.15%).

,

State Property Fund of Ukraine has sold Odessa Research and Design Institute of Land Management for 25.8 mln UAH

The State Property Fund (SPF) realized at the privatization auction SE “Odessa Research and Design Institute of Land Management” for 25.8 million UAH, said the head of the agency Vitaly Koval.

“The price for EMK SE “Odessa Research and Design Institute of Land Management” increased in 5.17 times. Almost from UAH 5 million to the victorious UAH 25.8 million,” he wrote in Telegram.

The buyer is also obliged to pay an additional UAH 5.16 million of VAT. Accordingly, the total economic effect from the privatization of the enterprise will be 30.96 million UAH.

The complex of the Institute is located in the center of Odessa. The new owner will receive a share of 81/100 of the engineering and laboratory building with utility buildings and structures, motor vehicles and other property.

According to the terms of sale, the buyer is obliged to repay overdue accounts payable and not to allow the dismissal of employees within six months.

 

,

Ukraine increased exports of semi-finished steel products by 68%

In January-July this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 68.1% year-on-year to 1 million 107.341 thousand tons.
According to statistics released by the State Customs Service (SCS) on Friday, exports of carbon steel semi-finished products increased by 55.1% to $549.282 million in monetary terms.
The main exports were to Bulgaria (34.90% of supplies in monetary terms), Egypt (13.19%) and Poland (9.82%).
In January-July 2024, Ukraine imported 5 tons of semi-finished products from Egypt for $5 thousand, while in January-July 2023 it imported 92 tons of semi-finished products for $169 thousand.
As reported, in 2023, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).
In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) for $172 thousand.

,