In July 2024, registrations of electric vehicles (new and used) in Ukraine amounted to 4,787 thousand, which is 14% more than in June this year and 38% more than in July last year, Ukravtoprom reported on its Telegram channel.
As reported, in June 2024, the demand for electric vehicles was slightly higher than in May this year, and by June 2023, it had increased by 35%.
Market experts attribute a certain recovery in demand for electric vehicles last month to the government’s initiative to introduce a military tax on buyers during the first registration of cars, including electric vehicles, which are not subject to taxation in Ukraine (except for a small excise tax).
According to Ukravtoprom, the share of new cars in electric car registrations was 21%, up from 17% in June 2023 and 19% in June of this year.
The bulk of the electric vehicles registered during the month were passenger cars – 4,684 thousand units (new – 980 units, used – 3,704 units), and only six of 103 commercial electric vehicles were new.
The top five new electric cars in July were Honda M-NV – 239 units (140 units in June), BYD Song Plus – 127 units (62 units), Nissan Ariya – 118 units (91 units), Volkswagen iD.4 – 88 units (71 units) and Zeekr 001 – 69 units.
The most popular five used cars were Nissan Leaf – 529 units (410 units in June-2024); Tesla Model 3 – 433 units (419 units); Tesla Model Y – 419 units (367 units); Tesla Model S – 217 units (196 units) and Volkswagen e-Golf – 209 units (208 units).
In total, in January-July, more than 29.2 thousand units of vehicles with battery power sources were registered for the first time in Ukraine (82.5% more than a year earlier), with new vehicles accounting for 20%.
As reported, in 2023, according to Ukravtoprom, registrations of electric cars in Ukraine increased 2.8 times to 37.6 thousand, with new ones accounting for 20% compared to 17% a year earlier.
Jean Beleniuk won a bronze medal in Greco-Roman wrestling in the 87 kg weight category at the 2024 Olympic Games in Paris.
The athlete defeated the representative of Poland Arkadiusz Kulinich – 3:1.
The fight was the last in Beleniuk’s sports career – he is the Olympic champion of 2020, silver medalist of the 2016 Olympics.
Now the Ukrainian Olympians have 10 medals at the Games in Paris (3+3+4).
Agro-Region has completed harvesting of winter crops from 12 thousand hectares, in particular, winter rape from 5 thousand hectares and winter wheat from 7 thousand hectares, the results of threshing exceeded the plan, the press service of the agro-holding reported on Facebook.
“The average yield of winter rape for the company amounted to 3.6 c/ha, which even exceeded the average yield of this crop for the last five years. Weather conditions allowed to get quality rape grain with minimal tillage, moisture and weed impurity in the base and meet the key contractual indicators”, – said the chief agronomist of the agricultural holding Yuri Lysak.
Speaking about winter wheat yield, he noted that the plan was also exceeded – by 10%.
“The average yield of winter wheat amounted to 6.6 tons/ha. At the same time, two clusters received yields of more than 7 tons/ha, the best result was shown by the Western cluster – 7.89 tons/ha,” Lysak added.
Winter wheat quality indicators (moisture content, gluten, protein and other parameters) are among the best in Agro-Region in recent years.
“73% of wheat is of second and third class. This is the result of proper selection of varieties and nutrition management,” stated the chief agronomist.
Agro-Region Agro Holding owns a land bank of 39 thousand hectares in Kyiv, Chernihiv, Zhitomir and Khmelnitsky regions. It specializes in crop production. It consists of 11 companies united in four crop production clusters. It has two elevators – Boryspil with a capacity of 73 thousand tons and Miropolskiy with a capacity of 52 thousand tons.
The annual harvest of grain and oilseeds of Agro-Region is up to 200 thousand tons.
Swedish company Lobiu Sala AB, owned by former Ukrainian Economy Minister Aivaras Abromavicius, in April 2021 received from the Antimonopoly Committee (AMCU) permission to purchase Swedish Agro Region Stockholm Holding, which manages Agro Region group of companies in Ukraine.
In the second quarter of 2024, Corteva Agriscience, an international agricultural research company, increased organic sales of Pioneer® corn and sunflower seeds by 20% and 9% year-on-year, said Oleksandr Dmytriyev, Head of Business at Corteva Agriscience in Ukraine, at a media club meeting in Kyiv.
According to him, organic sales of plant protection products in the second quarter of 2024 increased by 71% compared to the same period last year. At the same time, Corteva’s global organic sales and operating EBITDA increased by 2% to $6.2 billion and by 8% to $1.9 billion in Q2 2024 compared to the same period last year.
“Corteva works side by side with farmers, understands the difficult situation they have faced during the war, and is constantly looking for opportunities to support them in difficult times of war and help ensure the economy of Ukraine and food security of the world. During the 2023/2024 season, Corteva partnered with programs from the Howard G. Buffett Foundation and the Food and Agriculture Organization of the United Nations (FAO) to help farmers through the fall and spring planting campaigns. Together with financial institutions, we offer tools that provide special lending or subsidy terms, giving access to resources that are key to maintaining business profitability, and we are actively working with producers in the frontline areas of Sumy, Zaporizhzhia, Donetsk, Kherson, and other regions,” Dmitriev said.
Corteva Agriculture is a global agricultural company. It offers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in its portfolio.
The company’s presence in Ukraine includes the headquarters in Kyiv, a research center in Liubartsi village (Kyiv region) and a seed production complex in Stasi village (Poltava region).
In April 2022, the company decided to leave the Russian market due to the full-scale war against Ukraine unleashed by Russia.
Home appliance and electronics retailer Comfy paid UAH 874 million in taxes and fees in January-June 2024, the company’s press service reports.
According to the release, UAH 539 million was VAT; UAH 335 million was other taxes and fees.
Since the beginning of 2024, the retailer has opened two new stores in Oleksandria, Kirovohrad region, and Berdychiv, Zhytomyr region, renovated its flagship (1000+ sq m) store in the capital’s Ocean Plaza shopping center, and restored two stores that were damaged by Russian missiles (in Dnipro’s Apollo shopping center and Sun Gallery shopping center in Kryvyi Rih).
In addition, the company is actively renovating existing stores to adapt them to changes in demand and assortment and to reconfigure store processes. In 2024, the reform’s objectives were expanded to include updating the online ordering area, which is required by the company’s significant growth in online sales (in 2023, the share of online sales exceeded 30%). According to the new standards, the retailer has already updated more than 60% of its network (65 stores).
The press service reported that due to the renewal and expansion of the assortment, the company’s sales in the first half of 2024 increased by 35% compared to the same period in 2023.
The largest growth is observed in the categories of “Large Household”, “Small Household” and “Accessories”. In particular, 68% more tumble dryers, 59% more air conditioners, and 36% more refrigerators were purchased. In the Small Household category, the leaders in sales growth are a multi oven (up 566%), a fan (up 135%) and a coffee maker (up 91.1%).
The last few weeks of the half-year saw a real sales boom in charging stations. The increase was over 2000% compared to the same period last year. Mobile batteries were sold 65% more than in the first half of last year.
At the same time, the retailer saw a slight decline in demand for TVs and built-in appliances, which were in high demand in the first quarter.
As of July 2024, the Comfy chain operates 104 stores.
The chain is owned by Comfy Trade LLC (Dnipro). According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the owner of Comfy Trade is Comfy Holdings Limited (Cyprus), with Svitlana Gutsul and Stanislav Ronis as the ultimate beneficiaries.
IMC Agro Holding has formed its own fleet of 150 grain carriers and intends to double it by the end of the year.
According to the agricultural holding’s website, IMC purchased 140 railcars manufactured by Kryukiv Carriage Works, and another 10 grain cars manufactured by Karpaty DMZ were received from the USAID Economic Support for Ukraine project aimed at supporting export logistics and modernizing Ukraine’s border crossing points for efficient agricultural exports.
“The emergence of our own railcar fleet in our company is a significant event. As IMC is an export-oriented company, two of the three crops we grow (winter wheat and corn) are actually fully sold to foreign markets, and the optimal export sales channel for us is rail transportation to seaports with further transportation by sea to the end consumer. Accordingly, we need to transport an average of 60-70 thousand tons of grain to the ports by rail every month. Having its own railcar fleet will allow the agricultural holding to significantly save on the cost of rail logistics,” explained IMC CEO Oleksandr Verzhykhovsky.
According to him, IMC plans to add another 150 grain carriers to its railcar fleet by the end of 2024, so that next year up to 80% of the company’s grain will be exported using its own railcar fleet.
In early August, the agricultural holding sent grain from its elevators to ports in its own grain wagons for the first time, the company said.
“IMC is an integrated group of companies operating in Sumy, Poltava and Chernihiv regions (north and center of Ukraine) in the crop production, elevators and warehouses segments.
The Group’s land bank is about 120 thousand hectares, with storage capacity of 554 thousand tons and a 2023 harvest of 1.002 million tons.
In 2023, IMC posted a net loss of $21.03 million compared to $1.12 million a year earlier, and its EBITDA decreased 11.3 times to $3.22 million. The holding’s revenue increased by 22.3% to $139.45 million, while the share of exports decreased to 68% from 73% a year earlier.
