Business news from Ukraine

Business news from Ukraine

Wind gusts of 15-20 m/s expected in Kyiv on October 23

On the afternoon of October 23, wind gusts of 15-20 m/s are expected in Kyiv, the Kyiv City State Administration website reported on Sunday, citing the Ukrainian Weather Center.
In this regard, the capital has been declared at hazard level I (yellow).
“Experts urge to follow the basic recommendations during strong winds: close all windows of houses tightly, remove objects that may fall out from balconies and loggias; stay away from billboards, power lines, trees on the street; in case of strong winds, take shelter in the nearest room or natural shelter; avoid being near large trees, and do not park vehicles near them,” the statement reads.
According to the telegram channel of the Ukrainian Hydrometeorological Center, strong winds of 15-20 m/s are also expected in Kyiv region on Monday. It will be cloudy with clearings, without significant precipitation. The temperature in the region will be 8-13° at night, 11-16° during the day; in Kyiv at night 11-13°, 14-16° during the day.

,

Ukraine has reduced imports of coke by third

Ukraine in January-September this year reduced imports of coke and semi-coke in physical terms by 33.2% compared to the same period last year – to 221.599 thousand tons.

According to statistics released by the State Customs Service (SCS), coke imports in monetary terms for this period decreased by 45.9% to $88.978m.

Ukraine exported 2,750,000 tons of coke in the first nine months of 2023, down 25.6% from the same period last year. In monetary terms, it decreased by 34.4% – to $647 thousand.

Exports were made to Moldova (100% of shipments in monetary terms), while imports were mainly from Poland (86.81%), Colombia (10.23%) and the Czech Republic (2.01%).

As reported, Ukraine in 2022 reduced exports of coke and semi-coke in physical terms by 98% year-on-year to 3.856 thousand tons, in monetary terms by 97.6% to $1.011 million. The main exports were to Hungary (42.63% of shipments in monetary terms), Georgia (37.69%) and Turkey (17.41%).

Ukraine imported 359.192 thousand tons of coke and semi-coke in 2022, which is 54.5% less compared to 2021. In monetary terms, imports decreased by 50.3% to $174.499 million. Imports were mainly from Russia (43.43% of supplies in monetary terms, before the war), Poland (30.07%) and the Czech Republic (13.15%).

As a result of the war, a number of mines and coke plants are located in territories temporarily outside of Ukraine’s control.

,

Canadian government introduces new migration program for Ukrainians

The Canadian government has introduced a new temporary migration program for Ukrainians that allows them to obtain permanent residence in the country, the press service of the Ministry of Immigration of Canada reports.
Applications for participation in the program will be opened on October 23.
It will be open to Ukrainian citizens whose close relatives have Canadian citizenship or permanent resident status. According to the program, close relatives include children, parents, grandparents, spouses, and siblings.
The program also allows third-country nationals to apply if their spouse has Ukrainian citizenship but cannot leave Ukraine or is dead or missing.
There is currently no information on the application deadlines and fees, but it will be available on October 23.

,

Zhydachiv Pulp and Paper Mill increases production by 6.5%

In January-September 2023, Zhydachiv Pulp and Paper Mill (ZhPPM, Lviv region) produced products worth UAH 397.8 million, up 6.5% compared to the same period in 2022.

According to statistics provided to Interfax-Ukraine by UkrPapir Association, in physical terms, corrugated packaging output increased by 18% to almost 17 million square meters, containerboard by 22.4% to 12.1 thousand tons, and paper by 9.6% to 3.3 thousand tons.

In particular, in September, the plant increased its production of paper and cardboard by 4.7% to 1.7 thousand tons by September 2022, and corrugated packaging by 10.3% to 1.83 million square meters. Compared to August this year, paper and cardboard production decreased by 20%, and corrugated packaging by 6.5%.

Zhytomyr Pulp and Paper Mill has a paper production capacity (base paper for corrugation, linerboard, cover paper) of 43 thousand tons per year, cardboard production capacity of 50 thousand tons, corrugated cardboard and corrugated packaging capacity of 120 million square meters, and cast containers (tray for 30 eggs) capacity of 72 million units per year.

As reported with reference to the association’s data obtained from the main industry enterprises, in the first nine months of the year, Ukraine produced 405.3 thousand tons of paper and cardboard (9.8% more than in the same period in 2022), and 379.6 million square meters of cardboard boxes (17.7% more).

In 2022, Zhydachiv Pulp and Paper Mill produced goods worth UAH 510.8 million, up 23.1% year-on-year, while net profit increased by 67.5% to UAH 41.76 million.

,

Nova Posta plans to open in six more EU countries by the end of the year

Nova Posta Group plans to enter the market of six more European Union countries by the end of the year, opening its first branches there, Nova Posta co-owner Vyacheslav Klimov said at the Kiev International Economic Forum this week Vyacheslav Klimov at the Kiev International Economic Forum held this week.

“We have expansion going on. There are already eight countries. There will be six more by the end of this year,” Klimov said.

As the company’s press service specified to Interfax-Ukraine, Nova Post branches will appear in Latvia, Estonia, Hungary, Italy, France and Austria.

Klimov noted at the forum that two languages – local and Ukrainian – will be working in Nova Post branches abroad.

“We have made a firm decision that two languages will be spoken in Nova Post branches in Europe. It will be the local language and it will be the Ukrainian language,” said the co-owner of the company.

He also said at the forum that the company’s group allocates about 100 million hryvnias per month to the needs of the army. Klimov specified that 3249 employees of the company are currently in the AFU, and since the beginning of the full-scale invasion 99 colleagues have died.

As reported, Nova Post has already opened 62 branches in Poland, Lithuania, Czech Republic, Romania, Germany and Moldova.

In the network Nova Posta in Ukraine at the beginning of July 2023 included more than 10 thousand offices and more than 14 thousand post offices.

The Group includes Ukrainian and foreign companies, including Nova Posta, NP Logistics, NovaPay payment system and Nova Posta Global.

Germany to provide Ukraine with additional 200 million euros to support education and health care

Germany will provide Ukraine with an additional 200m euros to support education, the health care system and drinking water supply, as well as reconstruction of cities.

This was announced by the German government’s commissioner for Ukraine’s reconstruction, Jochen Flasbart, during his visit to Ukraine, Deutsche Welle (Deutsche Welle) reported citing DPA.

According to the Ministry of Economic Cooperation and Development in Berlin, Germany has allocated about 1.1 billion euros to support civilians since Russia’s full-scale invasion of Ukraine.

On October 20, Flasbart announced on social network X that he had arrived in Kiev together with German Federal Minister for the Environment Steffi Lemke.

, ,