The area under sugar beet has increased by almost 20% to 250 thousand hectares during the war, which has become a good diversification option for farmers who have switched from growing grain to this crop, said Yana Kavushevska, acting chairman of the board of the National Association of Sugar Producers Ukrtsukor.
“During the war, the industry demonstrated resilience and became an island of salvation for some farmers who managed to switch from growing grain to sugar beet in time,” she said at Grain Ukraine in Kyiv.
According to Kavushevska, in 2020, 216 thou hectares were planted with sugar beet in Ukraine. However, for two years in a row, the country has been allocating 250 thou hectares for this crop, which indicates an increase of almost 20%. This is due to the areas planted by independent farmers and agricultural companies that have made a conscious choice in favor of sugar beet and saw it as a profit opportunity.
The acting chairman of the board of Ukrtsukor explained the success of the industry by the favorable situation on the world market, where sugar prices have been among the highest since 2006. In addition, it was easier for Ukrainian producers to export sugar than grain.
“There were logistical problems. Of course, sugar producers, like grain producers, are interested in keeping the ports of Greater Odesa open and working properly. But exports by land were also quite active,” she stated.
Another positive factor for the revitalization of the Ukrainian sugar industry, according to the representative of the industry association, is duty-free trade with the EU, which Ukrainian producers have actively used and increased exports.
Speaking about the imposition of restrictions on Ukrainian sugar by the EU, Kavushevska noted that Ukrainian producers have resumed exporting sugar not only to the EU, but also to the Black Sea and West Africa.
“As of May, Ukraine exported 65% of sugar to the European Union, and 35% went to countries where our sugar is also in demand. In fact, in May, Ukraine set a record for monthly sugar exports: within 30 days, we exported 108 thousand tons of sugar,” the representative of the association emphasized.
Ms. Kavushevska also noted that sugar prices are currently being corrected on the global market. She admitted that the financial results for Ukrainian producers may not be as good as before. However, for the third year in a row, sugar beet will remain among the top three most profitable crops for Ukrainian farmers, which is a good alternative to grain.
The head of Ukrtsukr also emphasized the importance of cooperation with specialized European sugar producer associations, pointed out the need to integrate Ukrainian products into the EU and reminded that the industry counts on the support of the state and its trade representatives who will negotiate the revision of autonomous trade measures and the association agreement.
The Ukrainian energy sector is going through a difficult period. Massive attacks on energy infrastructure in the spring
energy infrastructure in the spring caused serious damage, destroying or
most thermal and hydroelectric power plants. Restrictions on electricity consumption
electricity consumption are in place for industrial consumers, and on some days it is necessary to
blackout schedules for households have to be applied on some days. In the summer, the power system
is planned to be balanced by renewable energy sources. Preparing for the
for the next autumn and winter period requires significant efforts from the energy sector,
government and business. A separate important issue is the choice of a strategy for restoring
energy infrastructure to reduce its vulnerability to missile attacks.
At KIEF TALKS, we will discuss the state of the Ukrainian energy sector, plans and objectives for further
government’s actions to ensure energy security, as well as opportunities for
for the restoration and development of Ukraine’s energy sector. The event will become a platform for
dialogue between the state and business to restore and develop the energy sector in Ukraine.
Ukraine.
SPEAKERS:
– Natalia Boyko, Advisor to the Prime Minister of Ukraine on Energy, Deputy
of the Supervisory Board of Naftogaz of Ukraine
– Volodymyr Kudrytskyi, Chairman of the Board of NPC Ukrenergo
– Dmytro Sakharuk, Executive Director of DTEK
– Igor Tynnyi, entrepreneur, co-founder of the Ukrainian Association of Renewable Energy
Energy Association
– Andrian Prokip, Head of the Energy Program at the Ukrainian
Institute for the Future (Kyiv); Senior Fellow at the Kennan Institute
(Washington, DC)
MODERATOR:
Kyrylo Kryvolap, Head of the Center for Economic Recovery, Advisor to the Prime
Minister of Ukraine on a pro bono basis
Date: June 5
Time: 17:00-19:00
Registration and Welcome Drink start at 16:00
Venue will be sent after registration confirmation
Registration is required via the link:
https://forms.gle/VdvT1xjBZehyMwck6
The number of seats is limited.
Number of applicants per vacancy (comparison) as of 01.07.2023
Source: Open4Business.com.ua and experts.news
On June 11 and 12, the German government, in partnership with the government of Ukraine, will host the Ukraine Recovery Conference (URC2024) with the aim of supporting Ukraine’s economic and social recovery from Russia’s war of aggression.
On the day before URC2024 begins, GMF will convene 200 representatives from Ukraine’s municipalities, cities, and regions, as well as civil society actors, philanthropists, and business and media representatives from Ukraine and its partner countries to explore the local dimension of reconstruction, recovery and reform. Under the theme All Reconstruction is Local, the pre-conference aims to investigate the following questions: What are the benefits and limitations of city and state twinning as well as regional cooperation models? How can improved cooperation be fostered between national and local reconstruction plans rather than competition? What are the human capital and project management needs at the local level? How will access to finance and insurance be distributed at the local level? How can EU regulations, sustainability and the highest transparency standards be ensured locally?
The agenda will feature discussions looking at concrete partnership models aiming to support Ukrainian cities and regions but will also dive deeper into specific policy areas including rebuilding the local energy sector, anti-corruption efforts and the question of local ownership vs. wartime centralization. Speakers at the event will include both policy makers from the United States, Europe, and Ukraine, as well as civil society and private sector representatives. Some of the sessions of the event will be live-streamed and therefore also available to an online audience, while other sessions will take place under Chatham House rules to enable an open and honest discussion among participants.
https://www.gmfus.org/all-reconstruction-local-forum-eve-ukraine-recovery-conference
In May 2024, Ukrzaliznytsia (UZ) increased passenger traffic by 21% compared to the same period in 2023, to 2.4 million passengers, the UZ press service reported on Telegram on Tuesday.
According to the report, domestic traffic increased by 22% last month to 2.2 million passengers, and international traffic by 21% to 200 thousand passengers.
The leader of growth in domestic traffic in May was the Kyiv – Chop route, which grew by 221%. This was the result of the development of Chop station as a transfer hub between domestic and international trains, in particular the opening of an alternative travel option to Budapest and Vienna after the launch of trains 367/745 Lutsk/Kyiv-Chop and 143/146 Chop-Vienna in December 2023, UZ said.
In addition, the Mykolaiv-Kyiv and Kyiv-Mykolaiv routes showed an increase of 52% and 66%, respectively. High demand was also observed on the routes Kyiv-Khmelnytsky-Kyiv, Kyiv-Helm-Kyiv, Kyiv-Vinnytsia-Kyiv.
Earlier it was reported that from the beginning of the year to mid-May, UZ increased international passenger traffic by 27.7% to almost 800 thousand passengers and expects further growth in the summer months.
The number of clients of IC “Express Insurance” on compulsory insurance of motor liability of owners of land vehicles (MTPL) in January-April 2024 increased by 3.2 times, the insurer’s website reports.
It is noted that this is the largest indicator in the market of MTPL insurance in Ukraine for this period.
Payments of the company on MTPL, victims of road accidents for this period, increased in 2,2 times and amounted to almost 19,4 million UAH. The average amount of damage, which was paid out by IC Express Insurance during this period, exceeded by 2% the similar indicator in the market and amounted to UAH 37,4 th.
The company also notes that as the number of clients increases, it accelerates the process of settlement of insurance events. According to the results of April 2024, the average number of days from the date of application to the date of payment in IC “Express Insurance” decreased to 29,6 days against 43,5 days in April 2023.
ALC “Express Insurance” was founded in 2008 with participation of the leader of the Ukrainian automobile market – corporation “UkrAVTO”. The company specializes in automobile insurance.
Since April 2012 IC “Express Insurance” is an associated member of the Motor Transport Insurance Bureau of Ukraine.
