Business news from Ukraine

Business news from Ukraine

World Steel Association has released ranking of major steel producing countries

According to Worldsteel, in October-2024, half of the top ten countries, except Japan, USA, rf, South Korea and Iran, recorded steelmaking growth by October-2023.
The top ten steel-producing countries at the end of October are as follows: China (81.880 million tons, up 2.9% on October-2023), India (12.456 million tons, plus 1.7%), Japan (6.925 million tons, minus 7.8%), USA (6.551 million tons, minus 2%), Russia (5.6 million tons, minus 15.2%), South Korea (4.487 million tons, down 18.3%), Germany (3.217 million tons, plus 14.7%), Brazil (3.075 million tons, plus 16.2%), Turkey (2.998 million tons, plus 0.7%) and Iran (2.960 million tons, minus 1.9%).
Overall, in October this year, steelmaking rose 0.4% year-on-year to 151.193 million tons.
For the first 10 months of 2024, the top ten steel-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%), USA (66.666 million tons, “minus” 1.9%), Russia (59.435 million tons, “minus” 6.8%), South Korea (52.330 million tons, minus 6.4%), Germany (31.581 million tons, plus 5%), Turkey (30.905 million tons, plus 12.4%), Brazil (28.394 million tons, up 6%) and Iran (24.956 million tons, plus 0.6%).
Overall, 71 countries produced 1 billion 546.586 million tons of steel in January-October, down 1.6% from the same period in 2023.

 

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Best from pharmaceutical industry of Ukraine were awarded in Kiev

On November 19, 2024, the Ukrainian House hosted the awarding ceremony of the annual competition of professionals in the pharmaceutical industry of Ukraine “Panacea-2024”, hosted by the famous TV presenter Timur Miroshnichenko.

This year the competition crossed the age line of a quarter of a century and in honor of the 25th anniversary, in order to record this historical milestone, the organizers of the competition invited the famous Ukrainian photographer Igor Gaidai with the author’s photo project “Razom.UA”!

Despite the continuation of the full-scale war and aggravation of the challenges associated with it, the pharmaceutical market demonstrates significant progress in recovery from the period of decline, continues to develop and grow, demonstrating amazing adaptability, flexibility and sustainability. To summarize the results of the year, to celebrate the best among the best, to inspire each other – these were the goals that united the professional pharmaceutical community this evening.

24 Panacea-2024 statuettes were awarded to the best companies, projects and drugs. The winners were determined on the basis of data from the analytical partners of the competition – Business-Credit, SMD and IQVIA.

Bayer became the innovative company of the year according to the IQVIA analytical company. For the first time this year clinical trials in Ukraine were recognized in the nomination “Investors in innovative treatment in times of war. International sponsors of clinical trials” the award for investments in the latest developments was given to AstraZeneca.

Panacea-2024” statuettes were awarded to 2 educational projects: Bionorica company for creating a new model of educational environment for pharmacists and doctors at the National Bogomolets Medical University with a focus on phytopharmacology and phytotherapy,

and the project “UPteka: Academy of Development 9-1-1” from the pharmacy chain “Apteka 9-1-1” for creating a unique all-Ukrainian training program with educational space in Kharkiv PHARM HUB, offline and online formats and integration with leading educational institutions of Ukraine.

During the ceremony drugs in prescription and over-the-counter groups were recognized.

The winners in the nomination “Drug of the Year. Among over-the-counter medicines were:

– TANTUM VERDE®, Dileo Farma company;

– DUFALAK®, Abbott Company;

– CREON®, Abbott;

– PROKTOZAN® NEO, Stada;

– BEPANTEN®, Bayer;

– AMIXIN®, Interchem;

– MILI NOSIK, Mili Healthcare.

Among the dietary supplements the preparations SLIPFORMULA 4 in 1 from the pharmacy chain “D.S.” and ANANTAVATI® from Ananta Medicare were recognized.

The ceremony was made possible with the support of partners: the magazine “Pharmaceutical Industry” and the news agency “Interfax-Ukraine”, professional associations “Drug Manufacturers of Ukraine”, APRAD, operators of the medical devices market, pharmacy profassociation, public union “Pharmaceutical League of Ukraine”, medical technology assessment NTA, as well as legal partner “Gelon” and travel partner “Dinadis”.

The organizer of the contest is the production company “Zdorovo”.

Interfax-Ukraine news agency is a long-term partner of the annual Panacea-2024 contest.

Analysis of prices in Spanish real estate market from relocation.com.ua

The real estate market in Spain is characterized by significant regional differences in prices and demand, due to geographical, economic and tourism factors, relocation.com.ua reports.

Regional differences and approximate prices:

Madrid and Barcelona: As the largest economic and cultural centers, these cities show high housing prices. The average cost per square meter in Madrid is about 3,344 €, and in Barcelona – 3,325 €.

Balearic Islands: Popular with tourists, islands such as Ibiza and Mallorca are characterized by high real estate prices. The average cost per square meter here reaches 3,325 €.

Costa del Sol (Andalusia): The Costa del Sol, including the cities of Malaga and Marbella, attracts both tourists and investors. The average cost per square meter here is about €2,500-6,000.

Valencia: This region offers more affordable housing prices. The average cost per square meter is about 1,295-2,385 €.

Murcia: One of the most affordable regions, where the average cost per square meter is around 1,920-2,010 €.
Restrictions for foreign buyers:

In Spain, there are no direct restrictions on the purchase of real estate by foreigners. However, there are certain requirements and procedures:

Foreigner’s Identification Number (NIE): To complete a transaction, you must obtain a NIE, which serves as a tax identification number.
Opening a bank account: It is recommended to open a bank account with a Spanish bank to conduct financial transactions related to the purchase.

Taxes and fees: Buyers are obliged to pay property transfer taxes, VAT (for new buildings) and stamp duty. Rates may vary depending on the region and type of property.

Mortgages: Foreigners can obtain mortgages from Spanish banks, but the terms and conditions may differ from those offered to residents. For example, the down payment for non-residents is often higher and amounts to about 30% of the cost of the property.

When planning to purchase real estate in Spain, it is recommended to seek professional legal counsel and advisors to ensure that all legal and financial aspects of the transaction are complied with.

Unemployment rate in Germany increased to 6.1% in October

The German labor market faced significant challenges in 2024, reflecting the country’s overall economic difficulties. The seasonally adjusted unemployment rate rose to 6.1% in October, the highest since February 2021. The number of unemployed people reached 2.856 million, an increase of 27 thousand compared to the previous month.

Despite strong labor demand in a number of industries, opportunities for the unemployed to find work are recovering slowly. Industry is expected to continue to cut jobs, while demand for specialists in other sectors remains high.

In 2024, Germany introduced a new unemployment benefit, Bürgergeld, which replaced the former Arbeitslosengeld II. In 2024, the benefit amount was increased to € 563.

Thus, 2024 was a period of significant challenges in the labor market for Germany, driven by both internal economic factors and external challenges. The government and business will have to work together to find solutions to stabilize employment and support unemployed citizens.

Source: http://relocation.com.ua/riven-bezrobittia-v-nimechchyni-zbilshyvsia-do-6-1-u-zhovtni/

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Trump may appoint ex-intelligence chief as US special envoy on Ukraine

US President-elect Donald Trump is considering appointing former national intelligence chief Richard Grenell as special envoy on the Russia-Ukraine war, Reuters reports.
Grenell was reportedly the U.S. ambassador to Germany and acting director of National Intelligence during Trump’s first term (2017-2021).
He will play a key role in Trump’s efforts to end the war if he is eventually selected for the position.
Sources clarified that although there is currently no special envoy dedicated solely to resolving the Russia-Ukraine war, Trump is considering creating such a position.
At the same time, Trump may decide not to create a special envoy for the war in Ukraine. But if he does, he may choose someone else for the role. And there is no guarantee that Grenell will accept, Reuters reports.
If Grenell does agree, some of his positions may make Ukraine’s leaders think twice. For example, during a Bloomberg roundtable in July, he advocated the creation of “autonomous zones” as a means of resolving the conflict. He also suggested that he would not support Ukraine joining NATO in the near future, “a position he shares with many of Trump’s allies.”
Grenell’s supporters note that he has a long diplomatic career and a deep knowledge of European affairs. In addition to serving as ambassador to Germany, Grenell was also the president’s special envoy for peace talks in Serbia and Kosovo.
Reuters notes that Grenell, who campaigned for Trump ahead of the Nov. 5 election, was one of the top contenders for secretary of state. His nomination was eventually offered to Republican Senator Marco Rubio, which surprised and upset some of Grenell’s close allies.

 

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Medika-Shegini checkpoint blocked again by Polish farmers

Polish protesters began blocking the checkpoint “Medika-Shegini” on Saturday at 10.00, confirmed the State Border Service of Ukraine.
“According to preliminary information, the action will last 48 hours with a possible extension,” the State Border Service said in a message on its Telegram channel.
According to their data, at present, the accumulation of trucks in front of the checkpoint on the exit from Ukraine is not observed. At the entrance to Ukraine is about 150 trucks.
“Recall, at the entrance to Poland will not be allowed vehicles weighing more than 3.5 tons. At the exit from Poland will be allowed one truck per hour. Restrictions will not apply to cars and buses”, – indicated in the State Border Service.
Earlier about the blockade of trucks at the checkpoint “Medika-Szegyni” wrote the Polish media.

 

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