Business news from Ukraine

Business news from Ukraine

184 companies in Ukraine under NSDC sanctions

More than 15% of sanctioned companies will be under restrictions for life

184 companies in Ukraine are currently under NSDC sanctions, according to the National Security and Defense Council of Ukraine. Most of these businesses are located in Kyiv, Odesa, and Lviv. Most often, these companies are engaged in wholesale trade, except for the trade in motor vehicles and motorcycles.

Most of the companies appeared on the sanctions list after a series of updates in 2024. So this year, the number of such businesses has almost tripled: by 119 companies. By contrast, the fewest companies were added to the sanctions list in 2023 – only 10 (5.4%).

Every second company in the total number will be under sanctions until 2027. Another 19.4%, or 36 businesses, will be released from the restrictions no earlier than 2034. The sanctions are in place for an indefinite period of time, with 15.1% or 28 companies.

The majority of these businesses are wholesale trade, except for trade in motor vehicles and motorcycles – 61 companies (33.2%). Another 10.3% are engaged in specialized construction work – 19 companies.

Film production and construction of buildings are in the top three, with 7 companies or 3.8% each.

Most businesses under sanctions are located in Kyiv – 102 in total. There are significantly fewer companies in Odesa region – 17 or 9.2%. Lviv region is also among the leaders in terms of the number of companies – 13 or 7.1%.

Among the sanctioned companies, the top three in terms of revenue in 2023 are as follows:

The sanctions list can only be left if the President of Ukraine signs the relevant decision of the National Security and Defense Council or if the sanctions against the company have expired and have not been renewed. The most profitable businesses that have already left the sanctions list are:

Detailed information about the companies under the NSDC sanctions can be found in the special register of the Openatabot. The relevant information will also be available in the regular company card on our website.

https://opendatabot.ua/analytics/rnbo-companies

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Supervisory Board of Ukrenergo suspended powers of Andrii Nemyrovskyi, member of Management Board

The Supervisory Board of NPC Ukrenergo has suspended the powers of Andrii Nemyrovskyi, a member of the company’s Management Board, by agreement of the parties. According to the company’s website, the decision was made on November 18, 2024. He has been working in this position since the summer of this year, and was also a member of the board of NPC in 2021.

Nemyrovskyi joined Ukrenergo in 2017. He worked at the NPC as Director of Market Development and Customer Service, Director of Market Development and IT, and was responsible for the creation of IT infrastructure, development and operation of the new market model, operational and technical management of the IPS of Ukraine and integration into ENTSO-E.

As reported, at the same meeting on November 18, 2024, NPC Ukrenergo appointed Vitalii Zaichenko, Chief Dispatcher of NPC and Director for Management of the Integrated Power System of Ukraine, to the Board.

The Management Board of Ukrenergo also includes Oleksii Brekht (Acting Chairman), Serhii Halahan (IT) and Oleh Skrypnyk (Finance).

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Ukraine launches Unified Pet Register

The first stage of the launch of the Unified State Register of Pets has started in Ukraine, with veterinarians being authorized, Minister of Agrarian Policy and Food Vitaliy Koval said in a telegram.

“The Unified State Register of Pets is a state register on the Diia.Engine platform. It will store data on cats, dogs, and ferrets: the name and description of the animal, information on vaccination and biosterilization, contacts of owners or keepers, and other data essential for animal health,” the minister said.

Koval reminded that the registry’s goal is to help prevent the spread of dangerous diseases more effectively, harmonize Ukrainian animal treatment legislation with the European one, and foster a culture of responsible owners who take proper care of their pets.

The register will be introduced in two stages. At the first stage, the Ministry of Agrarian Policy will focus on engaging veterinary clinics and doctors to work with the platform.

Veterinarians must submit an application to the State Service for Food Safety and Consumer Protection. To do this, the head of the veterinary medicine institution fills out an application in the office in the Register. The State Service of Ukraine on Food Safety and Consumer Protection checks the data provided, approves or rejects the application within 10 business days and sends a notification of the result of the review to the applicant’s e-mail.

After the authorization is confirmed, the head of the veterinary institution will be able to enter data on veterinarians who will directly register animals in the Register. After that, veterinarians-registration agents must log in to their offices in the Register and complete their data.

After authorization, the veterinary institution will be ready to start registering pets with the official start of the second stage of the Registry launch. The Ministry of Agrarian Policy will announce the pet registration campaign later.

As reported, the Unified State Register of Pets is a joint project of the Ministry of Agrarian Policy and Food of Ukraine, the State Service of Ukraine for Food Safety and Consumer Protection, and the Ministry of Digital Transformation.

Ukraine aims to double agricultural exports and provide food for 600 mln people

Prime Minister Denys Shmyhal says that in the medium term, there is every opportunity to double Ukraine’s agricultural exports and provide food for up to 600 million people worldwide.

“The aggressor is trying to prevent our agricultural exports in every possible way and thus condemn dozens of vulnerable countries to starvation. Fortunately, together with you, our friends and partners, we are successfully counteracting this strategy,” Shmyhal said at the 3rd International Food Security Conference GRAIN FROM UKRAINE on Saturday.

The Prime Minister said that Ukraine has already harvested its third crop during the full-scale war, which amounts to more than 53 million tons of grains and legumes.

He noted that the 2024 harvest is still ongoing and will be sufficient for both domestic needs and exports.

Shmyhal also said that thanks to the Black Sea Logistics Corridor and other routes, Ukraine has restored its export capacity, in particular, in 10 months of 2024, the country exported more goods than in the whole of 2023, and food (sunflower oil, corn, wheat) is the main export structure.

“We supply products to more than 100 countries for more than 400 million people. These are mainly countries in Southeast Asia and Africa. In the medium term, there is every opportunity to double the volume of agricultural exports and provide food to 600 million people around the world,” the Prime Minister emphasized.

No precipitation in Kyiv at beginning of week, up to 6° below zero at night

Light rain is expected in some places in the Carpathians at night on Monday, November 25, while precipitation is expected in the rest of Ukraine. According to the Ukrainian Weather Center, there will be icy conditions on the roads in the western, northern and Vinnytsia regions.

The wind will be southeast, northwest in the east and south of the country, 5-10 m/s, in the southeastern regions gusts of 15-20 m/s in some places. The temperature at night will be 2-7° below zero, in the western regions around 0°; during the day from 2° below zero to 3° above zero, in the west and south of the country 2-7° above zero.

No precipitation in Kyiv on November 25. Southeast wind, 5-10 m/s. The temperature at night will be 4-6° below zero, during the day 0-2° above zero.

According to the Borys Sreznevsky Central Geophysical Observatory, on November 25, the highest daytime temperature in Kyiv was +13.9°C in 1938, the lowest nighttime temperature was -18.4°C in 1890.

On Tuesday, November 26, Ukraine will also have mostly no precipitation, with only light snow in the eastern regions in the afternoon. In the western, northern, eastern and Vinnytsia regions, there will be ice on the roads in some places. Wind of variable directions, 3-8 m/s. The temperature at night will be 2-7° below zero; during the day from 3° below zero to 2° above zero, in the western regions and in the extreme south of the country 3-8° above zero.

No precipitation in Kyiv on November 26. Wind of variable directions, 3-8 m/s. The temperature at night will be 3-5° below zero, during the day around 0°.

Ukraine increased steel production by 5.7% in October, ranking 23rd in world

Ukrainian steelmakers increased steel production by 5.7% year-on-year to 604 thousand tons from 571 thousand tons in October this year, but decreased by 0.1% compared to the previous month, when they produced 610 thousand tons.
At the same time, Ukraine took 23rd place in the ranking of 71 countries that are global producers of this product, compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in October 2014, half of the top ten countries, except for Japan, the United States, Russia, South Korea, and Iran, recorded an increase in steel production compared to October 2013.
The top ten steel producing countries in October are as follows: China (81.880 million tons, up 2.9% by October 2023), India (12.456 million tons, up 1.7%), Japan (6.925 million tons, down 7.8%), the United States (6.551 million tons, down 2%), and the Russian Federation (5.6 million tons, down 15.2%), South Korea (4.487 million tons, down 18.3%), Germany (3.217 million tons, up 14.7%), Brazil (3.075 million tons, up 16.2%), Turkey (2.998 million tons, up 0.7%) and Iran (2.960 million tons, down 1.9%).
Overall, in October this year, steel production increased by 0.4% year-on-year to 151.193 million tons.
For the first 10 months of 2024, the top ten producing countries are as follows: China (850.730 million tons, down 3%), India (122.982 million tons, up 5.6%), Japan (70.214 million tons, down 3.7%), the United States (66.666 million tons, down 1.9%), and the Russian Federation (59.435 million tons, down 6.8%), South Korea (52.330 million tons, down 6.4%), Germany (31.581 million tons, up 5%), Turkey (30.905 million tons, up 12.4%), Brazil (28.394 million tons, up 6%), and Iran (24.956 million tons, up 0.6%).
In total, 71 countries produced 1 billion 546.586 million tons of steel in January-October, down 1.6% from the same period in 2023.
At the same time, Ukraine produced 6.487 million tons of steel in 10 months of 2024, up 25.7% compared to January-October 2023. The country ranks 20th in the first 10 months of 2014.
As reported, in 2023, China produced 1 billion 19.080 million tons at the level of the previous year), India (140.171 million tons, +11.8%), Japan (86.996 million tons, -2.5%), the United States (80.664 million tons, +0.2%), The Russian Federation (75.8 million tons, +5.6%), South Korea (66.676 million tons, +1.3%), Germany (35.438 million tons, -3.9%), Turkey (33.714 million tons, -4%), Brazil (31.869 million tons, -6.5%) and Iran (31.139 million tons, +1.8%).
In total, 71 countries produced 1 billion 849.734 million tons of steel in 2023, which is 0.1% less than in 2022.
At the same time, Ukraine produced 6.228 million tons of steel in 2023, which is 0.6% lower than in 2022. The country was ranked 22nd in 2023.
In 2022, the top ten steel-producing countries were as follows: China (1.013 billion tons, -2.1%), India (124.720 million tons, +5.5%), Japan (89.235 million tons, -7.4%), the United States (80.715 million tons, -5.9%), the Russian Federation (71.5 million tons, -7.2%), South Korea (65, 865 million tons, -6.5%), Germany (36.849 million tons, -8.4%), Turkey (35.134 million tons, -12.9%), Brazil (33.972 million tons, -5.8%) and Iran (30.593 million tons, +8%).
Ukraine ranked 23rd in 2022 with 6.263 million tons of steel produced (-70.7%).
In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.