Business news from Ukraine

Business news from Ukraine

Demand for electric vehicles in Ukraine increased 2.8 times

In January, registrations of electric vehicles (new and used) in Ukraine increased 2.8 times compared to the same month in 2023 – to more than 3.5 thousand units, including the share of new ones, which rose to 24% from 23%, Ukravtoprom reported on its Telegram channel.

The bulk of the electric vehicles registered during the month were passenger cars – 3.49 thousand units (new – 840 units, used – 2.65 thousand units), and only four of the 54 commercial vehicles were new.

The top five new electric vehicles on the market in January were formed by: Volkswagen iD.4 – 286 units; BYD Song Plus – 83 units; Honda eNS1 – 80 units; Toyota bZ4X – 56 units; Nissan Ariya – 50 units.

The top 5 used electric vehicles registered in Ukraine for the first time in January included Nissan Leaf – 355 units; Tesla Model 3 – 309 units; Tesla Model Y – 242 units; Volkswagen e-Golf – 178 units; and Volkswagen iD.4 – 169 units.

As reported, in January last year, Ukrainians purchased about 1.3 thousand electric vehicles, twice as many as in January 2022, the share of new cars increased to 23% from 20%.

In general, according to Ukravtoprom, registrations of electric cars in Ukraine increased 2.8 times last year to 37.6 thousand, with new cars accounting for 20% compared to 17% a year earlier.

NHSU paid UAH 133.8 bln for medical services under MHG program

In 2023, the National Health Service of Ukraine (NHSU) paid UAH 133.8 billion under the Medical Guarantee Program, and 16 million Ukrainians received medical care.

According to the NHSU in its press release, in particular, in 2023, UAH 99 billion was allocated to pay for specialized medical care, UAH 23 billion for primary healthcare services, and UAH 11 billion for emergency medical care.

The NHSU reminds that in 2024, the financing of the PMG will be increased by 12% to UAH 159 billion.

The 2024 PMG covers 44 service packages, including three new packages: “Treatment of infertility with the help of assisted reproductive technologies”, “Treatment of adults and children by organ transplantation” and “Treatment of adults and children by hematopoietic stem cell transplantation”.

At the same time, the NHSU clarified that the National Service will pay UAH 60,324 thousand for one full cycle of infertility treatment.

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Structure of foreign exchange reserves as of 30.10.2023

Structure of foreign exchange reserves as of 30.10.2023

Source: Open4Business.com.ua and experts.news

KD Life Insurance Company increased its authorized capital by 48%

Insurance company KD Life (KD Life, Kyiv) has increased its authorized capital by 48% to UAH 53.302 million, according to the insurer’s website.

It is noted that the additional issue of shares was registered by the decision of the National Securities and Stock Market Commission on January 19, 2024.

“The company continues to implement new standards and procedures in accordance with the requirements of the new legislation, actively adapts its internal processes and policies, directing all efforts to comply with the new regulations,” the statement said.

KD Life is a Ukrainian company founded in 2007 by KD Group holding.

KD Group Holding is a leader in the financial market of Eastern Europe, with almost 130 years of successful experience in life and risk insurance, financial management and investment funds.

Currently, the company’s services are offered by more than 3 thousand consultants throughout Ukraine.

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Yaroslavsky’s DMZ increased coke production by 64.4% in January

Dnipro Metallurgical Plant (DMZ, formerly Dniprokoks), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, did not produce rolled products in January this year, while in January 2023 it produced 8.8 thousand steel products.

According to information in the corporate newspaper DCH Steel on Thursday, rolling mills PC-1 and PC-2 did not roll metal in January, finalizing and shipping products manufactured in December last year. Thus, in January, the company shipped 3.7 thousand tons of rolled products and 22.9 thousand tons of metallurgical coke to customers.

It is also specified that the main and auxiliary equipment is being repaired in the shops, and the next rolling campaign will start at the last decade of February at the Rolling Shop No. 2.

In addition, it is reported that the production of metallurgical coke in January-2024 increased by 64.4% compared to the same period in 2023 – up to 22.7 thousand tons.

DMZ continues to restore the masonry of coke ovens using the ceramic surfacing method.

As reported, 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.

In December last year, the plant produced 5.2 thousand tons of rolled steel, down 35% month-on-month. Coke production decreased by 6% to 23.9 thousand tons in November 2023.

In 2022, the plant reduced rolled steel production by 74.2% compared to 2021, to 58.4 thousand tons, and coke production by 56.3%, to 211.3 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.

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Demand for used foreign cars imported to Ukraine increased by 45% – Ukravtoprom

In January, almost 16.7 thousand used cars imported from abroad joined the Ukrainian car fleet, which is 45% more than in the same month of 2023, Ukravtoprom reported on its telegram channel.

According to the association, almost 4.4 thousand new passenger cars were registered in January 2024 (an increase of 47%).

The largest share in the segment of used foreign cars last month, as before, belonged to gasoline cars – 46%. This is followed by diesel cars – 29%; electric cars – 16%; cars with LPG – 5%; hybrids – 4%.

Volkswagen Golf remains the leader in registrations among imported second-hand cars with 948 registrations.

The top ten most popular models also include: Renault Megane – 759 units; Skoda Octavia – 669 units; Volkswagen Passat – 599 units; Volkswagen Tiguan – 396 units; Nissan Leaf – 355 units; Audi A4 – 347 units; Audi Q5 – 334 units; Nissan Rogue – 330 units and Tesla Model 3 – 309 units.

The average age of used cars that switched to Ukrainian license plates in January is 9.8 years.

As reported, in January 2023, the demand for used foreign cars in Ukraine decreased by 2.8 times compared to January 2022 – to 11.5 thousand units, with Renault Megan leading the way with 926 cars.

For the whole of last year, registrations of such cars decreased by 45% year-on-year to 214.4 thousand units.

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