Business news from Ukraine

Business news from Ukraine

Worldwide personal computer shipments collapsed 29% in first quarter

Global shipments of personal computers (PCs) collapsed 29% to 56.9 million units in the first quarter, according to preliminary data from International Data Corporation (IDC).
Negative factors for the global computer market were weak demand, high levels of unsold inventory, and deteriorating macroeconomic indicators.
“Inventories at retailers have declined slightly in recent months, but remain well above normal levels of 4-6 weeks of demand,” said Jitesh Ubrani of IDC. – “Even with high discounts, we can expect this situation to continue through the middle of the year and possibly manifest in the third quarter as well.
A return to growth in shipments is not expected until later this year.
Chinese Lenovo and U.S. HP Inc. and Dell Technologies remained in the top three global leaders in terms of devices sold in the first quarter. Apple Inc. recorded the steepest drop in sales, down 40.5%.

Changes in consolidated budget expenditures in 2021-2022 (%)

Changes in consolidated budget expenditures in 2021-2022 (%)

Source: Open4Business.com.ua and experts.news

Ukrainian President held meeting with Richard Branson

Ukrainian President Vladimir Zelensky held a meeting with Richard Branson, the founder of Virgin Group and the Virgin Unite non-profit foundation, British entrepreneur who joined the team of ambassadors for the United24 fundraising platform.
According to the Office of the President’s website, Zelensky thanked the businessman for his powerful messages of support for Ukraine during the war.
“I am glad that you decided to become an Ambassador of United24. It is very important that new well-known and influential personalities join this platform. One of the main tasks is to keep the world’s attention on Russia’s war against Ukraine, which has been going on for over a year. In addition, there are very specific issues on which we can work together,” the head of state said.
During the meeting, Zelensky discussed with Branson the reconstruction of the state, in particular educational institutions, which need to be digitized and equipped and provided with bomb shelters.
The head of state also spoke about the needs of Ukraine in demining. In addition, he drew Branson’s attention to the problem of mass illegal deportation of Ukrainian children to Russia and the need for pressure on this issue, in particular information, on the aggressor state.
In turn, Branson noted his admiration for the Ukrainian people.
“I look forward to using Virgin Unite’s global reach and networks to help support the work of United24 for the people of Ukraine,” he said.
Richard Branson has consistently supported Ukraine since 2014, advocating for the sovereignty and territorial integrity of the Ukrainian state.

Ukraine has exported 39 million tons of grain since beginning of marketing year

Ukraine since the beginning of 2022/2023 marketing year (MY, July-June) and till April 10 has exported 38.82 million tons of grain crops, including 22.86 million tons of corn (58.9% of total supplies), 13.34 million tons of wheat (34.4%) and 2.3 million tons of barley (5.9%).
As reported on the website of the Ministry of Agrarian Policy and Food on Monday, the rate of grain exports since the beginning of this MY is 14.3% lower than the same period of the previous MY, when 45.26 million tons were delivered abroad on that date.
According to the Ministry, Ukraine exported 22.86 million tons of corn (+9.5% compared to the same period last year), 13.33 million tons of wheat (-23%), 2.3 million tons of barley (2.4 times less), 17.7 thousand tons of rye (9.1 times less) and 120.1 thousand tons of flour (+56.9%) from the beginning of 2022/2023 MY to April 10 this year.
It is specified that Ukraine exported 848 thousand tons of cereals, including 476 tons of corn, 337 tons of wheat, 33 thousand tons of barley and 4.2 tons of flour in March.
As reported, Ukraine exported 48.51 million tons of cereals and leguminous crops in 2021/2022 MY, which is 8.4% higher than in the previous MY, despite the full-scale invasion of Russia and the difficulties with the export of agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat (12.6% more than in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%), 70.9 thousand tons of flour (-44.1%) were supplied to foreign markets.
Ukraine in 2020/2021 MY exported 44.72 million tons of grain and leguminous crops: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand tons of rye.
In 2019/2020 MY, Ukraine exported 56.72 million tons of grain and leguminous crops.
The total export of Ukrainian flour as of April 10 is estimated at 120.1 thousand tons (in April – 4.3 thousand tons), including wheat – 115.5 thousand tons (4.2 thousand tons).

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Ukraine has almost 7 mln internally displaced people

There are almost 7 million internally displaced persons in Ukraine, of which 4.8 million are registered, Deputy Prime Minister – Minister of Reintegration of Temporarily Occupied Territories Iryna Vereshchuk said.
“Today we have 4.8 million registered internally displaced persons. There are almost 7 million IDPs in total,” she said on the air of the national telethon on Monday afternoon.
Vereshchuk noted that 1 million IDPs are children.
According to her, out of 4.8 million registered IDPs, 1.1 million people became IDPs twice.

NovaPay launches public offering of three-year bonds worth UAH 100 mln

The NovaPay payment system from Nova Posta group will start a public offering of its debut issue of three-year bonds worth UAH 100mn on April 14.
According to the prospectus, the bonds are issued with one coupon to be paid simultaneously with maturity – from April 14 to April 20, 2026, with nominal yield of 20% per annum.
NovaPay will independently place the bonds on the PFTS stock exchange; the planned sale price is at par, but it can be revised upwards depending on demand.
The issuer does not offer a mandatory offer, but allows early redemption by agreement of the parties at an agreed upon cost between them.

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