In January-September of this year, businessman Alexander Yaroslavsky’s DCH Group increased its payments to the budgets of all levels by 14.5%, or UAH 210 million, compared to the same period last year, to more than UAH 1.65 billion.
According to the PR department of DCH, the total amount of taxes paid by the group’s companies since the beginning of Russia’s full-scale invasion has reached almost UAH 5.5 billion.
It is specified that the main increase in tax payments compared to 9 months of 2023 was provided by JSC Bank Credit Dnipro – by UAH 95 million, Kharkiv Tractor Plant (HTZ) – by UAH 32 million, and ORANTA Insurance Company – by UAH 70 million.
It is also reported that in particular, in January-September 2024, DMZ reduced the production of rolled metal products by 56.9% compared to the same period last year, while the production of metallurgical coke decreased by 0.4%.
In the first 9 months of 2024, Sukha Balka Mine commissioned 8 new blocks with total reserves of 906 thousand tons of ore.
Since the beginning of Russia’s full-scale invasion of Ukraine, KHARTSYZSK PIPE has been in the war zone and the plant’s territory has been under constant shelling. Nevertheless, KHARTSYZSK PIPE continues to maintain production, electricity, gas and water supply to the plant and the city area, and continues to produce machinery for agriculture and the country’s critical infrastructure.
In June of this year, Bank Credit Dnipro, together with the Independent Association of Banks of Ukraine and 18 major commercial banks, signed a memorandum of bank lending for energy infrastructure rehabilitation projects, which is dictated by the country’s strategic need to ensure energy independence.
A significant challenge for manufacturing companies is the outflow of personnel, in particular due to the mobilization of personnel. Since the beginning of the war, 465 employees of Sukhoi Balka and 268 employees of DMZ have joined the Armed Forces of Ukraine. The companies’ operations are also affected by periodic power outages, when they have to reduce or stop production completely.
Today, DCH Group employs over 7.6 thousand people. 912 employees of the group serve in the Ukrainian Armed Forces, 55 of those who joined the ranks of the Armed Forces were killed.
DCH Investment Management is a financial and industrial group of companies that manages investments in ore mining and metallurgy, machine building, real estate, insurance, banking and hospitality.
Global warming threatens to affect a crucial current system in the Atlantic Ocean, leading to fundamental changes in the climate of Europe and North America, Western media reported, citing a letter from more than 40 climate scientists to the Nordic Council of Ministers.
“If Britain and Ireland become like northern Norway, the consequences would be enormous. Our research shows that the likelihood of such a scenario is not small. It is not something you can easily adapt to,” said Prof. Peter Ditlevsen from the University of Copenhagen, one of the authors of the letter.
Media outlets specify that the Atlantic Meridional Overturning Circulation is in question. “Such a change in the circulation of ocean waters would have a devastating and irreversible impact, especially on the Nordic countries, but also on other parts of the world,” the letter noted.
Scientists suggested that the risk of changes in this system of currents is grossly underestimated, and the point of no return could be passed as early as the next decades. The UK Meteorological Service has previously noted that this process will lower temperatures in the Northern Hemisphere, raise the level of the Atlantic Ocean, reduce precipitation over Europe and North America, and affect the rainy season in South America and Africa.
The Nordic Council of Ministers consists of five countries – Denmark, Finland, Sweden, Norway and Iceland – as well as Greenland (Denmark), the Faroe Islands (Denmark) and the Åland Islands (Finland).
The volume of foreign trade in dairy products in the first half of October amounted to $20.4 million and increased by 7.8% compared to the first half of September, according to the expert and analytical service of the Union of Dairy Enterprises of Ukraine (UDEP).
According to the report, the volume of exports increased by 5.3% to $9.8 million, and imports by 10.2% to $10.6 million. In particular, the share of cheese exports increased by 67%, and fermented milk products by 4%.
Exports of whey decreased by 58%, butter and milk fats by 19%, and milk and cream by 6%.
At the same time, imports of butter and milk fats increased by 76%, whey by 14%, fermented milk products by 11%, and cheese by 5%. A 3% decline in imports was observed only for milk and cream, the UUL stated.
According to EastFruit analysts, wholesale prices for apples of “Gala” variety in Ukraine, Moldova and Poland are at record levels for this time for the last years. It is the most popular apple variety among exporters, as well as an increasingly popular apple variety among consumers, competing more and more successfully with the “Golden Delicious” variety.
While usually prices for Gala apple vary significantly in these three neighboring exporting countries, this season by mid-October prices in Moldova, Poland and Ukraine are almost identical, ranging from $0.51 to $0.53 per kg for a standard quality apple suitable for domestic fresh market sales.
As for the premium export quality apple, the prices are significantly higher. “The margin for the ‘premiumness’ of the apple is higher than usual in Eastern European countries this season. This is not only due to a general decrease in apple supply, but also to quality problems due to completely atypical weather conditions during the apple growing season,” says Andriy Yarmak, an economist in FAO’s investment department.
Read also: Prices for apples in Ukraine set new records
In less than a month, prices for “Gala” in Ukraine rose by 36%. In Moldova, the rise in apple prices began later, but over the past three weeks, prices have strengthened by 11% at once. In Poland, prices for the same variety increased by 6% in two weeks, although before that they tended to decrease from the incredibly high levels from which the season started and were much higher than in Ukraine and Poland.
According to traders, the main reason for the rise in apple prices is the reluctance of producers to rush their sales. Even in Ukraine, where Russian invaders attack civilian infrastructure, including the country’s energy facilities, on a daily basis, farmers are trying to keep their apples for longer, hoping for even higher price levels.
It should be noted that the increase in apple prices at this time of year is atypical for Eastern European countries, as apple supply is usually maximized and farmers are in a hurry to sell off the part of the produce that cannot be stored for a long period of time. Therefore, it cannot be excluded that in the winter-spring period, the prices for apple of popular varieties will unpleasantly surprise consumers.
From November 21 to 23, 2024, the 29th Tashkent International Tourism Fair “Tourism on the Silk Road” TITF-2024 will be held in Tashkent.
The Tashkent International Tourism Fair is the largest information event that promotes tourism products and establishes business contacts for cooperation.
Over the past three decades, TITF has established itself as one of the most prominent events in the tourism sector and is the largest event in Central Asia, held annually with the official support of the World Tourism Organization (UNWTO). In 2023, TMTF hosted more than 1,500 participants from both local and international organizations, 15 foreign and more than 50 local travel companies under the Hosted Buyers program, as well as more than 13,000 visitors from 30 countries.
In addition, last year’s fair was marked by the signing of more than 8,000 agreements and more than 20,000 negotiations between representatives of the travel industry. Participation in the Tashkent International Tourism Fair “Silk Road Tourism” (TITF) provides many benefits for both tourism industry professionals and travel enthusiasts:
– Conducting business deals;
– Search for new partners;
– Support for industry development;
– Popularization of travel products;
– Familiarization with new trends;
– Conducting marketing research.
At the same time, the recent reforms in the tourism sector in Uzbekistan have helped to attract major companies and representative offices to Uzbekistan, increase inbound and outbound passenger traffic and outbound tourism, as well as increase demand for all types of tourism services.
The rules of participation are available at www.titf.uz.
As of October 22, farmers in all regions of Ukraine sowed 5.4 million hectares of winter crops, up from 4.75 million hectares last week, the press service of the Ministry of Agrarian Policy and Food reports.
According to the report, winter crops are being sown in all regions. In total, they have already sown almost 4.3 million hectares. In particular, winter wheat has been sown on 3.8 million hectares (3.3 million hectares a week earlier), barley on 421.3 thousand hectares (331.7 thousand hectares), rye on 62.5 thousand hectares (51.6 thousand hectares), and rapeseed on 1.048 million hectares (1 thousand hectares).
According to the Ministry, the leaders in sowing winter crops are farmers of Volyn region, who planted 161.1 thousand hectares (97.3%), Chernihiv region – 193.2 thousand hectares (97.2%) and Poltava region – 238.2 thousand hectares (95.8%). Farmers in 11 regions have completed sowing winter rapeseed.
As of the same date a year earlier, Ukraine sowed 4.985 mln ha of winter crops, 3.456 mln ha of wheat, 322 thou ha of barley, 71 thou ha of rye, and 1.136 mln ha of rapeseed.
