Business news from Ukraine

EPIPHANY HOLIDAY WILL BE CELEBRATED BY ANCIENT TRADITIONS NEAR KYIV

On January 19 and 20, 2019 Ancient Kiev in the Principality of Kievan Rus invites to the celebration of Epiphany Holiday according to the ancient traditions. In the program: a religious procession from the church to the Forest lake and swimming in the ice-hole (on Saturday, January 19), a play about John the Baptist, Christmas nativity scene and the master-class on learning and singing carols, equestrian performances, an interactive musical performance with special effects, hot meals and warm drinks, winter funs, and traditional crafts fair.
Ancient Kyiv opens at 10:00. The program starts at 13:00.
The ticket price: a full adult ticket – 200.00 UAH, for pensioners and students – 100.00 UAH; for schoolchildren – 50.00 UAH, for preschool children – for free.
Ancient Kyiv in the Principality of Kyivan Rus is not far from modern Kyiv – only in a 45-minutes’ drive – in the Kyiv region, Obukhiv district, vill. Kopachiv. Route taxis leave from Kyiv from the «Vydybitchi» metro station, according to the schedule on the website.
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for the adult ticket (at full price) to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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PARLIAMENT INTENDS TO RAISE EXPORT DUTIES ON SCRAP METAL

The Verkhovna Rada Committee on Industrial Policy and Entrepreneurship has supported the new “metallurgical law” initiated by the Radical Party of Oleh Liashko, which proposes raising the current export duty on scrap metal from EUR 42 per tonne to EUR 54 per tonne for three years. According to a press release of the parliamentary committee, citing its chairman Viktor Halasiuk, this bill, due to the increase in export duties, will eliminate the shortage of raw materials for steel mills and keep jobs for Ukrainians.
At the same time, it is noted that starting from 2016, thanks to the adopted laws on increasing and extending the export duty on scrap metal from EUR 10/tonne to EUR 30/tonne, and then to EUR 42/tonne, positive trends are observed in Ukraine in the provision of metallurgical plants with these raw materials. For the third year in a row, the volume of domestic scrap metal supplies has been growing, the scrap metal deficit decreased from 850,000 tonnes to 300,000 tonnes. Today, this resource provides 98% of the needs of the metallurgical industry.

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UKRAINE EXPORTS NITROGEN FERTILIZERS FOR $64 MLN, IMPORTS FOR $288 MLN IN 2018

Ukraine in 2018 exported 341,442 tonnes of nitrogen mineral or chemical fertilizers (according to foreign economic activity code 3102) for $64.446 million and imported 1.358 million tonnes for $288.002 million.
According to the State Fiscal Service, nitrogen fertilizers were delivered to Turkey for $25.092 million, China for $10.3 million, to Romania for $7.584 million, and other countries for $21.47 million.
Last year, imports of nitrogen fertilizers were made from Belarus for $59.684 million, Uzbekistan for $46.235 million, Lithuania for $33.713 million, and other countries for $148.371 million.
Thus, exports of fertilizers last year halved, and in value terms fell by almost two times. Imports of fertilizers decreased by 22.1%, in value terms by 14.6%.
In addition, in 2018 Ukraine exported 40,209 tonnes of ammonia (code 2814) for $9.498 million, imported 441,607 tonnes for $137.333 million.
In 2018, ammonia was exported to Turkey ($4.54 million), Morocco ($2.414 million), Bulgaria ($1.921 million), other countries ($623,000). In 2018, ammonia was imported from the Russian Federation ($134.563 million), Belarus ($2.754 million), Germany ($14,000), and other countries ($2,000).

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UKRAINE INCREASES GRAPES PROCESSING BY 1.2% IN 2018

Grapes processing in Ukraine last year (excluding the temporarily occupied territory of Crimea and Sevastopol, part of the JFO area) increased by 1.2% compared with 2017, to 274,052 tonnes.
According to the State Statistics Service, out of the total amount of grapes processed for wine materials, 26.2% were actually harvested by enterprises, and the rest was purchased from households.
Odesa region last year processed 52.2% of grapes, Mykolaiv region some 35.8%, while Kherson 10.8% of the total volume.
Wine production in 2018 rose by 5.5% compared with 2017, to 19.75 million decaliters, of which 47% are table wine materials, 25.7% materials for champagne and sparkling wine, and 25.3% are wine materials for cognac.

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