The international information and analytical platform EastFruit has published an article in which Uzbekistan may become one of the world’s 5 largest exporters of fresh onions by the end of the 2023/24 season.
The publication reports that the 2023/24 season was marked by bans on the export of onions from many countries. In particular, Egypt, which is usually one of the five largest exporters, introduced a ban on onion exports.
In Uzbekistan, as in many other countries in the region, records were set in terms of onion production areas and volumes. As a result, onion prices in Uzbekistan in January were 40% lower than at the time of harvest, which guaranteed losses for resellers.
Traders began to actively look for opportunities to export onions, as in January onions from Uzbekistan flooded the wholesale markets in Poland. In addition, the first export shipments of the new onion harvest of 300 thousand tons are planned for the end of March, which may be a new export record. This will allow Uzbekistan to overtake Poland, Afghanistan, Spain, Egypt and possibly the United States in terms of onion exports and enter the top 5 global exporters.
The second half of February 2024 is rich in shareholder meetings of large Ukrainian companies.
We have analyzed the calendar of shareholders’ meetings that are expected in the near future, with the largest joint-stock companies holding meetings in..:
12.02.24 – PJSC JSIC Dnister,
12.02.24 – JSC Bank Alliance,
12.02.24 – CHAO MHP,
12.02.24 – PJSC IC “Nadiyna”,
12.02.24 – PJSC Turbovskiy Kaolin Plant,
13.02.24 – PJSC Vovchansk oil extraction plant, PJSC
13.02.24 – PJSC Kropyvnytskyi Oil Extraction Plant,
13.02.24 – PJSC Research and Production Center “Borshchahivskiy Chemical and Pharmaceutical Plant”,
15.02.24 – PJSC Poltava Oil Extraction Plant-Kernel Group,
15.02.24 – PJSC Poltava Grain Receiving Enterprise,
15.02.24 – PJSC Sukha Balka,
15.02.24 – PJSC Ukrpostach,
19.02.24 – PJSC Kontur,
23.02.24 – PJSC Dnipropetrovs’k Food Concentrates Plant,
23.02.24 – PJSC Metiz,
25.02.24 – PJSC STC “Electronprylad”,
26.02.24 – PJSC Korosten Chemical Engineering Plant,
26.02.24 – JSC Volodymyr-Volyn Agricultural Company,
26.02.24 – JSC Kharkivoblenergo,
29.02.24 – PJSC IC Inter-Policy,
The general meeting of a joint-stock company is the supreme management body of the company. The general meeting must be held annually, as it is a mandatory procedure in the company’s activities.
Traditionally, most of them are held in March, although the law allows holding a joint-stock company meeting no later than April 30.
Dnipro Metallurgical Plant (DMZ, formerly Dneprokoks), a part of DCH Steel, a DCH group owned by businessman Aleksandr Yaroslavsky, is going to build a new electric arc furnace complex.
According to the company, DMZ is holding an open competitive tender for the right to design a feasibility study for the new construction of an electric arc furnace complex located at 17 Naberezhna Zavodska Street, Dnipro.
The deadline for submitting applications for participation in the competitive selection is February 23, 2024.
The selection rules and the list of documents required for participation in the tender can be obtained from the leading engineer for the procurement of services of the Procurement Bureau for Works and Services of the TSO and the GSE of the Supply Directorate.
Maxim Minyushkin, Corporate Communications Director of DCH Steel Group, confirmed the new construction plans to Interfax-Ukraine.
“We are currently preparing information for the media on this issue,” the source explained.
As reported, Yaroslavsky’s DMZ intends to increase its presence in the domestic market of Ukraine in 2024.
In 2023, the plant increased its rolled metal output by 86.2% compared to 2022, up to 105.6 thousand tons, and coke output by 38.5%, up to 292.7 thousand tons.
DMZ specializes in the production of steel, pig iron, rolled products and products made from them. On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.
Agroholding 2012 LLC (Horodok, Khmelnytsky region) intends to acquire 9.95% of shares in Nadiina Insurance Company (Kyiv), according to the information system of the National Securities and Stock Market Commission.
It is noted that the shares are to be purchased from an individual. Previously, Agroholding 2012 did not own the insurer’s shares directly or indirectly.
As reported, in January-September 2023, IC Nadiina collected insurance premiums in the amount of UAH 99.575 million, which is 1.68% more than in the same period last year. Net premiums increased by 3.01 times to UAH 44.430 million, and earned premiums increased by 3.55 times to UAH 44.086 million.
The volume of insurance claims and reimbursements made by the company in the first nine months of 2023 compared to the same period in 2022 increased 3.04 times to UAH 5.721 million. Thus, the payout ratio increased by 3.83 p.p. to 5.75%.
Profit from operating activities in January-September 2023 increased to UAH 27.042 million, and the insurer’s net profit increased to UAH 25.198 million.
As of September 30, 2023, the insurer’s assets increased by 46.66% to UAH 89.159 million, equity showed an increase of 51.33% to UAH 74.284 million, liabilities – by 27.07% to UAH 14.875 million, cash and cash equivalents increased 2.87 times to UAH 38.415 million.
Nadiina was registered in the Unified State Register of Legal Entities and Individual Entrepreneurs in 2006. The authorized capital is UAH 15 million. As reported on its website, as of the beginning of 2024, the company’s shareholders are eight individuals with 9.5%, one with 5%, and another with 19%.
“Nova Poshta, a part of the Nova group of companies, delivered 30% more parcels in 2023 than a year earlier – 412 million, the company’s press service reports.
At the same time, last year the company doubled the volume of international parcel deliveries to 10.2 million. The report specifies that the number of orders from international online stores through the NP Shopping service in 2023 increased by 55% compared to 2022.
The average weight of an international parcel increased from 1.3 kg in 2022 to 11 kg in 2023.
The most popular countries for orders from outside Ukraine remain China, the United States, Poland, Germany, and the United Kingdom. Most often, Ukrainians order goods from Aliexpress, Amazon, and iHerb marketplaces.
According to the company, customers send mostly clothes, shoes, household goods, appliances and electronics, health and beauty products, and tools in domestic traffic, the company said.
“Nova Poshta has international offices in Moldova, Poland, Lithuania, Germany, the Czech Republic, Estonia, Latvia, Slovakia, Romania, Hungary, and Italy.
In Ukraine, the company’s network consists of 11.46 thousand branches and 15.59 thousand post offices. Currently, Nova Poshta’s branches and post offices operate in more than 10 thousand settlements across Ukraine.
The results of last Thursday’s parliamentary elections in Pakistan have been summarized, with independent candidates, mostly affiliated with the party of former Prime Minister Imran Khan, who is serving a prison term, taking first place, Al Jazeera reports.
According to the Central Election Commission, out of 266 seats in the lower house of parliament (National Assembly) of Pakistan, 101 seats were won by independent candidates, 96 of them supported by the right-wing centrist party, the Justice Movement, founded by former Prime Minister Khan. However, after a court found Khan guilty on a number of charges, the Supreme Court and the CEC ruled that Khan’s supporters could only run as independent candidates and were prohibited from using party symbols.
The second place went to the party of former Prime Minister Nawaz Sharif, the Pakistan Muslim League, with 75 seats. The third place went to Bilawal Bhutto Zardari’s center-left Pakistan People’s Party with 54 seats.
It took more than 60 hours to count the votes. None of the parties achieved the required majority of 169 seats to form a government on their own.
On Friday, Sharif said that despite his failure in the parliamentary elections, he would try to form a coalition government. He had previously rejected the possibility of a coalition with other parties.
For 2024 – 2029, 336 seats are available in the National Assembly of Pakistan. In the 2024 elections, the number of seats was 266. Another 70 seats in the lower house of parliament are reserved for women and minority representatives. These seats are distributed among all parties.
The elections were held against the backdrop of a difficult economic situation in the country, as well as tensions in the border regions.
Earlier, the Experts Club information and analytical project included the 2024 elections in Pakistan in the list of the TOP-10 most important elections of 2024 for the whole world, see the video for more details at https://youtu.be/73DB0GbJy4M?si=pMUPbHSYKI8YrDFR
