Business news from Ukraine

Business news from Ukraine

In center of Kiev unknown persons demolished house of XIX century

In Kiev on Oleksandr Konisky Street unknown persons demolished a house with the help of heavy construction equipment, the circumstances of demolition of a historical building in the center of the capital are established by the police in the framework of criminal proceedings.

As reported on Saturday by the National Police of Kiev in facebook, law enforcers are now conducting priority investigative actions. The equipment, which was used to demolish the building, has been seized. On this fact is investigated criminal proceedings, initiated under Part 2 of Article 298 of the Criminal Code of Ukraine.

In the evening on Friday the police in Kiev received a report that unknown persons demolished a house built at the end of XIX century on Oleksandr Konisky Street with the help of heavy construction equipment. At the scene of the incident, the operational duty officer immediately sent an investigative team.

The police officers identified the location of the equipment and seized it, the question of its arrest is being resolved. On this fact investigators of Shevchenkivsky police department are investigating criminal proceedings initiated under part 2 of article 298 of the Criminal Code of Ukraine. All circumstances of the incident are being established.

 

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Negative balance of currency purchase and sale by National Bank this week jumped to almost $1 bln

The National Bank of Ukraine (NBU) this week increased its net sale of foreign currency on the interbank market to $949.9m from $532.1m the previous week, according to the regulator’s data. According to them, the volume of currency purchases by the central bank remains paltry at $0.27m, while its sales rose to $950.2m.

Over the week, the official hryvnia exchange rate weakened to a record 41.4912 UAH/$1 from 41.0107 UAH/$1.

Since the beginning of 2024, the dollar at the official exchange rate has become more expensive by 9.2%, or by UAH 3.49, and since the transition of the National Bank on October 3, 2023 to the regime of managed flexibility – by 13.4%, or by UAH 4.93.

On the cash market, the hryvnia weakened by about 70 cents during the week. – To 41.95 UAH/$1.

According to the data that the NBU managed to publish during this period, from Monday to Thursday the negative balance between the volume of currency purchases and sales by households increased from $36.5 million to $52.9 million, following the weakening of the hryvnia.

Ukraine’s international reserves fell by $1.14 billion to $37.89 billion in June, according to the NBU’s preliminary estimates, while the National Bank’s net interventions totaled $2.99 billion, down from $3.07 billion in May.

 

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Ukraine exported $181,000 worth of tin and tin products in first half of year

According to customs statistics released by the State Customs Service of Ukraine, exports of tin and tin products amounted to $181 thousand ($35 thousand in June) against $52 thousand in the same period a year earlier.
As reported, Ukraine in 2023 reduced imports of lead and lead products by 65.2% to $989 thousand, imports of tin and tin products – by 23% to $2.728 million. Exports of tin and tin products amounted to $159 thousand against $424 thousand for 2022.
Tin is often used as a protective coating.
Tin is used primarily as a safe, corrosion-resistant coating in pure form or in alloys with other metals. The main industrial uses of tin are in white tinplate (tin-plated iron) for food containers, in solder for electronics, in house piping, in bearing alloys, and in coatings made from tin and its alloys. The most important tin alloy is bronze (with copper).

Ukraine exported $54 mln worth of aluminum and aluminum products in first half of year

According to customs statistics released by the State Customs Service of Ukraine, exports of aluminum and aluminum products in the first six months of 2024 increased by 12.8% year-on-year to $54.175 million ($10.383 million in June).
In 2023, Ukraine increased imports of aluminum and aluminum products by 7.7% to $366.463 million.
Last year, exports of aluminum and aluminum products increased by 0.7% compared to 2022 to $97.616 million. In addition, in 2022, Ukraine reduced imports of aluminum and aluminum products by 33.4% to $340.398 million.
In 2022, exports of aluminum and aluminum products decreased by 42.7% compared to 2021, to $96.972 million.
Aluminum is widely used as a structural material. The main advantages of aluminum in this capacity are its lightness, stamping resistance, corrosion resistance, high thermal conductivity, and non-toxicity of its compounds. In particular, these properties have made aluminum extremely popular in the production of cookware, aluminum foil in the food industry, and packaging. The first three properties have made aluminum the main raw material in the aviation and aerospace industries (recently it has been replaced by composite materials, primarily carbon fiber). After the construction and production of packaging, such as aluminum cans and foil, the energy sector is the largest consumer of the metal.

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Revolution in indoor lighting: flexible LED neon from VDM company

In the modern world lighting plays a key role in creating a cozy and functional environment, and during the energy crisis in Ukraine with the help of neon lighting you can solve the issue of lighting your apartment and home for minimal money. The novelty from VDM – flexible LED Neon IP-65, 13W, 12V, 6x12mm, neutral white (4000K) – is an ideal solution for those who appreciate quality, style and reliability.

What is flexible LED neon?

Flexible LED neon is a unique product, which is a bendable PVC wire that emits light. The main source of light are LEDs, densely arranged along the entire length of the tape. Due to the high density of the diodes, the most uniform glow is achieved, creating the effect of a continuous line of light. This type of lighting is also known as “cold neon”.

Advantages and features

High brightness and uniformity: LED neon from VDM provides bright and uniform illumination along its entire length. With a color temperature of 4000K (neutral white), it is ideal for a variety of environments, creating comfortable lighting without distortion.
Flexible and versatile: Because of its flexibility and ability to easily take any shape, neon can be used in a wide variety of interiors and exteriors. It is suitable for illuminating kitchens, bathrooms, restrooms, living spaces and even building facades.
Waterproof and durable: The tape has IP-65 protection, which makes it resistant to moisture and dust. This allows it to be used in humid and open spaces without worrying about durability and reliability.
Economical and Environmentally Friendly: With a power consumption of only 13W at 12V, LED neon is an energy efficient solution that helps to significantly reduce energy costs. Plus, the use of LED technology makes it an environmentally friendly product.

What and where flexible neon can be used for.

Interior Lighting: Flexible neon is ideal for creating stylish lighting in kitchens, bathrooms, living spaces and corridors. It adds a modern touch to any interior, creating a cozy atmosphere.

Exterior Lighting: Thanks to its waterproof nature, neon can be used to illuminate building facades, terraces and gardens, making your home or business bright and attractive at night.

Commercial use: Flexible neon is widely used in advertising and window dressing, creating eye-catching light signs and decorative elements.

Flexible LED neon from VDM is an innovative solution for those looking for high quality, reliable and stylish lighting. With its help you can easily transform any room, adding modern and bright accents to it.

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Twelve industrial parks have already been registered in Kiev Region

Twelve industrial parks have already been registered in Kyiv region, the region has one of the largest networks of such parks across Ukraine, OBA chief Ruslan Kravchenko said.

“Despite the war, the Kiev region is creating better conditions for companies to continue investing in the region’s economy. This week we opened offices of two large well-known companies and registered an industrial park,” the OBA quoted Kravchenko as saying.

Green Industrial Park will appear in Vyshgorod district. It will create about 3 thousand jobs. The amount of investments is almost 6 billion hryvnias. On its territory will be created enterprises that will produce building structures, metal products, food products.

Turkish manufacturer of generators and compressors Dalgakiran has opened an office and working facilities in Buchanskiy rayon. The amount of investments is almost UAH 400 mln. 50 jobs were created.

Alfatech company opened an office in Fastivskyi district. It specializes in sales and service of construction, road and industrial machinery. 40 jobs were created here.

 

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