Zaporozhkoks, one of Ukraine’s largest coke and chemical producers and part of Metinvest Group, increased its blast furnace coke output by 1% year-on-year to 214.8 thousand tons from 211.3 thousand tons in January-March this year.
According to the company, it produced 74 thousand tons of coke in March.
As reported, Zaporozhkoks increased its blast furnace coke output 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.
Import of goods in 2023 in most important positions to previous 2022
Source: Open4Business.com.ua and experts.news
Oil prices are steadily rising on Wednesday afternoon ahead of the release of US inventory data.
The cost of June futures for Brent on the London ICE Futures exchange as of 14:40, is $89.68 per barrel, which is $0.76 (0.85%) higher than at the close of the previous trading.
Futures for WTI for May in electronic trading on the New York Mercantile Exchange (NYMEX) have risen in price by this time by $0.73 (0.86%) to $85.88 per barrel.
Trading Economics notes a sharp increase in the risk of oil supply disruptions after Iran’s announcement of a planned response to the Israeli air strike on its consulate in Damascus.
On Wednesday, the OPEC+ monitoring committee also met. According to an Interfax source, the committee’s ministers did not make any recommendations to the alliance based on its results; a full meeting of OPEC+ is scheduled for June 1.
In addition, at 17:30, the US Department of Energy will publish a weekly report on oil, gasoline, and distillate stocks in the country. The data released the day before by the American Petroleum Institute (API) showed a drop in oil reserves by 2.286 million barrels in the week ended March 29.
Zhytomyrski Lasoshchy JSC, one of the largest confectionery producers in Ukraine, increased its profit by 80.7 times in 2023 compared to 2022, to UAH 395.087 million.
According to the company’s announcement in the NSSMC’s information disclosure system about the annual shareholders’ meeting scheduled for April 29, its assets increased 1.97 times to UAH 1.145 billion. The company’s debt obligations increased by 37.4% to UAH 628.8 million.
In 2023, Zhytomyrski Lasoshchy JSC’s revenue amounted to UAH 474.383 million, which is 16.8% more than in 2022 and 80.4% more than in pre-war 2021.
The company’s staff remained stable – 693 people, which is only 10 employees less than in pre-war 2021.
The shareholders are proposed to approve the net profit of the JSC, based on the results of financial and economic activities in 2022, in the amount of UAH 4.893 million and to allocate it in full to compensate for losses for the previous period.
The shareholders will also consider the new charter of Zhytomyrski Lasoshchy JSC and re-elect the Supervisory Board.
Zhytomyrski Lasoshchy Confectionery was founded in 1944. It is one of the three leaders in the confectionery industry of Ukraine. The company produces chocolate, praline, fondant, waffle and grilled sweets, various types of cookies, and sugar-free confectionery. The company is certified according to the international standards ISO 22000 and FSSC 22000, and has a Halal certificate. The company’s products are exported to 36 countries.
Anatoliy Amelin has been appointed executive director of the Ukrainian Institute for the Future (UIF), the Ukrainian Institute for the Future reported on Facebook.
“Co-founder of the Ukrainian Institute for the Future Anatoliy Amelin was appointed to the position of executive director,” the statement said on Tuesday.
It is noted that Amelin has been a part of the institute’s team since its foundation.
“Under his close supervision, the economic department has been conducting high-quality research and projecting a successful future for Ukraine for eight years in a row,” the statement said.
In November 2023, Maria Chumak was appointed Executive Director of the UIF.
As reported, since its inception in 2016, UIF has conducted more than a hundred studies, and after the full-scale Russian invasion, the think tank focused on studying and analyzing the enemy. UIF’s strategic directions in the near future include a vision of the future of Ukraine and Ukrainian identity; the Ukraine Project and Ukraine’s integration into Europe and the world; national security; economy; human capital, culture and education, and promotion of Ukraine in the world; “studying and analyzing Russia, or how to help Russia lose this war.”
The USAID Rural and Agricultural Development Program has announced the launch of a program to co-finance 20 Ukrainian agricultural processing enterprises that intend to restore and develop their export potential, the press service of the Ministry of Agrarian Policy and Food reports.
According to the report, the competition is open to non-state (private) enterprises/companies that have export-oriented development strategies and are regular exporters.
The companies can receive co-financing to increase the volume of purchases and processing of raw materials, in particular, by attracting micro, small and medium-sized agricultural producers for long-term partnership. Grant recipients will also be able to introduce new grain processing technologies to increase productivity by at least 25%.
It is expected that with the grant funds, the companies will be able to develop a long-term export strategy and increase sales by 20% through 5 new export channels and markets for processed products and increase sales in foreign markets.
The USAID AGRO program will focus on restoring and strengthening processing capacities to produce value-added products for export, such as corn for feed and food; wheat for food, industrial and feed purposes; rye for industrial and feed purposes; industrial sunflower seeds; high oleic sunflower seeds; soybeans for industrial and feed purposes; varietal and regular cycle seeds.
The donor organization has drawn the attention of applicants to the fact that projects aimed at storing grains, oilseeds and pulses, including receiving, cleaning, drying, storing, and shipping grain by rail and road, are not eligible.
The application deadline is May 31, 2024.
