Business news from Ukraine

Business news from Ukraine

Ternopil announces tender for purchase of buses for EUR 2 mln

The municipal enterprise Miskavtotrans of the Ternopil City Council has announced a tender for the purchase of 8-11 m long buses for a total of EUR 2 million under the Urban Public Transport of Ukraine program funded by the European Investment Bank (EIB).
According to the EIB’s announcement, the bids are scheduled to be opened on November 5 this year.
The tender documents state that the buses should be fully low-floor, with 20-35 seats.
The first batch is to be delivered no later than 32 weeks from the date of receipt of the advance payment by the supplier, and the contract is expected to last for 40 weeks. However, price is not the only criterion for awarding the contract, but all criteria are specified only in the procurement documents.
As reported, Ternopil has already tried three times to purchase buses through an international tender – the last time the tender for the purchase of 15 buses 9-12 m long was canceled at the end of 2023.
According to Etalon Corporation, a Turkish company was declared the winner, but during the tender period, prices for the equipment rose and it became unprofitable to supply them.
Initially, the tender was announced in early 2021, with applications submitted by the Belarusian MAZ and Etalon Corporation, which was expecting to win the tender, but the procedure was delayed and stopped due to Russia’s full-scale invasion of Ukraine.
Under the Urban Public Transport program, the EIB was supposed to provide a loan of up to EUR 2 million for the purchase of 15 buses by Miskavtotrans, including spare parts, equipment and tools for maintenance and related services.

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“Zaporozhkoks” increased its output by 2.1%

Zaporozhkoks, one of Ukraine’s largest coke and chemical producers and a member of Metinvest Group, increased its blast furnace coke output by 2.1% year-on-year to 584.1 thousand tons from 572.3 thousand tons in January-August this year.
According to the company, it produced 74.5 thousand tons of coke in August.
As reported, Zaporozhkoks increased its blast furnace coke production by 16% in 2023 compared to 2022, up to 856.8 thousand tons from 737.4 thousand tons.
“Zaporozhkoks produces about 10% of coke in Ukraine and has a full technological cycle of coke products processing. It also produces coke oven gas and pitch coke.
“Metinvest is a vertically integrated mining group of companies. Its major shareholders are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage the company.
Metinvest Holding LLC is the management company of Metinvest Group.

Mykolaiv region receives powerful power banks from Tesla

Mykolaiv region has received 102 powerful “power banks” from Tesla, said Vitaliy Kim, head of the regional state administration, in a telegram.
These are Tesla Powerwall 2.0 energy storage systems with a System Backup Gateway 2 power management source for use in cases of power outages and instability of the local power grid.
On Friday, 30 devices were handed over to healthcare institutions, 38 to educational institutions, 25 to the State Emergency Service, and 9 to social infrastructure institutions.
The project was implemented thanks to the Ministry of Digital Transformation of Ukraine, Tesla, the Institute of Telecommunications – National Research Institute (Warsaw), the Polish government, the American charity Direct Relief, and the Yevhen Pivovarov Charitable Foundation.
According to Kim, the region is actively cooperating to provide the region with alternative sources of generation, in particular, the installation of solar and wind power plants.

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Every third fop closes in first year of operation

Almost 194 thousand new sole proprietorships were opened by Ukrainians in 8 months of 2024, according to the Unified State Register (USR). 60% of new businesses were started by women. During the same period, just over 120 thousand businesses were closed. More than a third of new businesses close in the first year of operation.

193,192 new sole proprietorships were registered since the beginning of the year. This is even more than before the outbreak of full-scale war, when 186,144 new cases were opened in the same period. After a significant decline at the beginning of the great invasion, the number of new registrations has stabilized and has remained at the same level for the second year in a row.

Most new businesses were opened by entrepreneurs in the capital – 26,303 or 13.6% of the total number of new businesses this year. New businesses are also being actively registered in Dnipropetrovs’k (18,025), Lviv (14,459), Kyiv (14,428), and Kharkiv (12,954) regions.

The most noticeable increase in the number of new fops over the year was in Zaporizhzhia region – by 11%, Kirovohrad region – by 10%, and Chernihiv region – by 9.6%. At the same time, business activity slowed down significantly in the frontline Luhansk (-14.7%) and Ivano-Frankivsk (-8%) regions. Despite the fact that Kharkiv region is among the regions with the largest number of new firms, the number of registrations in this region decreased by 6% compared to the previous year.

One third of new businesses are opened in the trade sector, and the IT sector attracts 7.6% of new entrepreneurs. The top three most popular areas for new business start-ups are personal services (7%). It is worth noting that the top has undergone some changes over the year: in 2023, cafes and restaurants were among the leaders, but this year they were replaced by information services.

The share of women among newly minted businessmen reached a record high of 60%. For comparison, in 2023, this figure was 55.6%, and in the first year of full-scale business, it was 47%.
Currently, the number of new cases is 1.6 times higher than the number of closed ones. Thus, 120,154 fops have been closed in Ukraine since the beginning of the year. Newly established businesses suffered the most: 24.5% of those that were opened last year closed, and 13.7% of those that opened this year. The median period of operation of the fops closed this year is 2 years and 7 months.
The largest number of fops closed in Kyiv – 13% (15,770), Kharkiv – 8% (10,097) and Dnipropetrovs’k – 8% (9,931) regions.

https://opendatabot.ua/analytics/foponomics-2024-9

 

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2024 sugar production season has started at three plants in Ukraine

As of August 30, three factories in Vinnytsia, Ternopil, and Lviv regions started sugar beet processing in Ukraine, while the launch of the remaining factories is delayed due to the later harvesting of sugar beets, the industry association Ukrtsukor reports.
“In general, the expectations of a massive early launch of factories this year were not met due to dry weather conditions that complicate the harvesting of sugar beet. A number of plants have postponed the start of processing to a later date,” the business association explained.
According to the industry association, sugar beet has been harvested from 1.2 thousand hectares. The average yield is 50 t/ha, including 35 t/ha in Vinnytsia region, 44 t/ha in Poltava region, 58 t/ha in Ternopil region and 70 t/ha in Lviv region.
As of the same date last year, 2 sugar plants in Vinnytsia and Cherkasy regions started processing beets in Ukraine, Ukrtsukr said.

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New Bulgarian Ambassador arrives in Ukraine

Nikolay Nenchev, who was appointed interim head of our embassy in Kyiv, is in Ukraine.

This was reported by the Bulgarian Foreign Ministry in the program “Around the World and at Home”.

The decision of the interim Cabinet of Ministers to send the former defense minister to Ukraine provoked a strong reaction and disagreement from President Rumen Radev.

Bulgaria recognized Ukraine on December 5, 1991. On December 13, 1991, Ukraine and Bulgaria established diplomatic relations.

Source: https://bntnews.bg/news/nikolai-nenchev-e-v-ukraina-1290564news.html