On July 19, the State Property Fund (SPF) sold Okhtyrka Bread Products Plant in Sumy region for UAH 49.7 million at an auction, according to the Prozorro.Sale website. According to the report, Golovanivske Grain Receiving Enterprise LLC was the only bidder in the auction and purchased Okhtyrka CPP at the starting price.
The Okhtyrka elevator was part of the system of enterprises of the State Reserve Agency. It is engaged in flour production and employs 128 people. The company has systematically incurred losses: in 2023, they exceeded UAH 12.5 million on revenues of UAH 19 million, and in the first quarter of 2024, they amounted to UAH 4.6 million on revenues of UAH 2.9 million.
The amount of accumulated debt amounted to UAH 32.2 million. The future investor is obliged to pay off wage and budget debts within six months.
Golovanivske Grain Receiving Enterprise LLC was registered in 1998 in Kirovograd region. It specializes in warehousing, wholesale of grain, unprocessed tobacco, seeds and animal feed, dairy products, eggs, edible oils and fats. The authorized capital of the company is UAH 317.1 thousand.
The company was previously owned by Vinnytsia Industrial Company (ViOil Group). In the summer of 2023, the company was re-registered to Karina Nastenko, while the previous director, Valentyn Gorokhovsky, remained in charge.
Japan has handed over new trucks to Kherson’s utility companies, said Roman Mrochko, head of the city’s military administration. “We received the new Japanese equipment under the Grant Agreement for the Emergency Recovery Program between the Japan International Cooperation Agency (JICA) and the government of Ukraine,” Mrochko said in a telegram on Saturday.
He noted that Kherson really needs such equipment and thanked international partners for their help.
Ukraine has reached an agreement in principle with the Eurobond Holders Committee on restructuring, Prime Minister Denys Shmyhal said.
“We are restoring debt sustainability. Today, we have reached agreements in principle with the Eurobond Holders Committee of Ukraine. This is an important step in the debt restructuring process that will save USD 11.4 billion in debt service over the next few years. It will save USD 11.4 billion on its servicing over the next three years and USD 22.75 billion by 2033,” Shmyhal wrote on his Telegram channel.
According to him, this way, Ukraine will be able to free up resources for urgent needs: defense, social protection and recovery.
Change in consumer prices in Ukraine in 2023-2024
Source: Open4Business.com.ua and experts.news
In today’s world, space organization is becoming an increasingly important topic. In particular, this applies to storing clothes and other items in wardrobe systems. In this article, we’ll look at the main advantages of such systems and compare them with other popular options.
A wardrobe system is a structure consisting of shelves, drawers, baskets, rails, and cabinets designed to store clothes, shoes, bedding, and other items. Its main advantage is the ability to create an individual configuration according to the user’s needs. Such a system can be placed on a wall, in a corner, niche or occupy half of the room, which provides maximum flexibility in the use of space.
Wardrobe systems have many advantages:
Versatility: Wardrobe systems can be easily installed both in living spaces and in specially designated rooms. They are ideal for rooms of non-standard geometry, allowing you to effectively use every square meter.
Strength and durability: Modern wardrobe systems such as AMS are made of high quality materials, which ensures their great strength and long service life. They are resistant to stress and can withstand a large number of items.
Easy installation and dismantling: One of the key advantages of wardrobe systems is their ease of installation and dismantling. This is especially convenient for those who move frequently or like to change the interior.
A variety of installation options: Wardrobe systems are suitable for both straight and corner installation. This allows you to effectively use even the smallest corners of the room, providing maximum functionality.
Additional options: In addition to the main purpose, wardrobe systems can be used to organize storage in pantries, basements and other auxiliary rooms.
There are different types of wardrobe systems on the market, each of which has its own characteristics:
Cabinet systems: These systems resemble a set of cabinets with or without doors. They have back walls, top, bottom and side partitions that divide the wardrobe into compartments of different sizes. Case systems are usually made to order and require quite a bit of space. They are stable and reliable, but difficult to modify.
Mesh systems: Grid systems are lighter and less visible. They allow for easy reconfiguration and the addition of new elements. However, these systems can be less durable and expensive compared to other options.
Modular systems: Modular systems like AMS offer the best flexibility and functionality. They consist of individual modules that can be combined according to needs. This allows for both simple and complex configurations.
The AMS wardrobe system by VDM is an excellent choice for those looking for a versatile, durable and functional solution for organizing space. Its advantages include ease of installation, strength, durability and flexibility in use. Whether you need a system for storing clothes in the bedroom, organizing space in the pantry or efficiently using non-standard rooms, AMS will become a reliable and convenient assistant.
The National Bank of Ukraine (NBU), after strengthening the official exchange rate of the national currency by 4 kopecks on Thursday, on Friday lowered it by 7 kopecks to a new historical low of 41.4912 UAH/$1.
According to Taras Lisovyi, head of the treasury department of Globus Bank, trading on the interbank foreign exchange market started at 41.50/41.70 UAH/$1, by mid-day the rate strengthened to 41.48/41.51 UAH/$1, and by the end of the trading session it slightly weakened to 41.4950/41.5050 UAH/$1.
“What has been happening in the foreign exchange market over the past two weeks is a logical and objective consequence of rising inflation due to rising electricity tariffs and unprecedented power outages (…),” the banker said.
The volume of deals in the Bloomberg system amounted to $292.42 million. The National Bank set the reference rate at 12:00 on Friday at 41.4944 UAH/$1, compared to 41.4166 UAH/$1 a day earlier. The dollar on the cash market on Friday also rose by about 5 kopecks by mid-afternoon, but at 1 a.m. it fell by the same amount, then rose slightly again: buying – to 41.83 UAH/$1, selling – to $41.93 UAH/$1.
Since the beginning of 2024, the dollar has appreciated by 9.2%, or UAH 3.49, at the official exchange rate, and by 13.4%, or UAH 4.93, since the National Bank switched to managed flexibility on October 3, 2023. Since the beginning of July, the official hryvnia exchange rate has fallen by 2.6%, or UAH 1.04, while in June its decline slowed to 3 kopecks after weakening by 90 kopecks in May.
The NBU attributed the current weakening of the hryvnia to the expansion of net demand over the past two months, driven by increased budget spending, much of which materializes in demand for foreign currency, the May currency liberalization, and a temporary decrease in the supply of foreign currency by the agricultural sector. The NBU explained the latter factor by the exhaustion of last year’s harvest and the fact that, at the request of the Cabinet of Ministers, it extended the deadline for the return of agricultural export earnings to 120 days, which had previously been reduced from 180 to 90 days.
At the same time, the NBU emphasized that there are all the prerequisites for ensuring the stability of the foreign exchange market.
“Soon, foreign currency from the sale of the new harvest will begin to arrive, and the functioning of the sea corridor creates opportunities for active exports of other commodity groups. Also, international aid from our partners will soon become more active: while in the first half of the year Ukraine received about $14 billion, the forecast for the second half of the year is $24 billion,” the NBU said.
In particular, this month the central bank expects to receive $3.9 billion from the United States. “Accordingly, international reserves will again exceed $40 billion,” the central bank said.
As reported, the National Bank’s net sale of dollars in the second week of July decreased to $532.1 million from $630.91 million in the previous week. In June, it amounted to $2.99 billion compared to $3.07 billion in May.
