Tesla has risen by two lines in the list of the most expensive car brands in the world and topped it for the first time, overtaking Mercedes-Benz and Toyota, according to Brand Finance.
Tesla’s brand value is now valued at $66.2 billion, up 44 percent in one year and five times since pre-demonstration times.
“This increase in brand valuation is a positive signal for Tesla because it indicates better brand awareness, which could lead to higher sales and revenue in the future,” said Alex Hay, director of valuation at Brand Finance.
Toyota dropped to third place, losing 18% of its value ($52.5 billion), while Mercedes-Benz remained in second place (minus 3%, $58.8 billion).
The record jump in value in the sector was demonstrated by the Chinese automobile brand Sokon – by 123% over the year to $739 million.
The analysts of Brand Finance called Ferrari NV the strongest automobile brand having given to it the maximum rating “AAA+”. When evaluating brand strength, the company considers a host of other indicators besides value, including investment in marketing, operating results, and relationships with stakeholders (from employees, suppliers and shareholders to government agencies and community organizations).
The value of the Ferrari brand fell 8 percent over the year, mainly due to the depreciation of the euro against the dollar, to $7.4 billion. In euros, the figure rose 3 percent.
Among auto parts manufacturers, the most expensive brand was once again Japanese Denso, which rose in value over the year by 6%, to $4.5 billion. In the segment of tire manufacturers the French Michelin remained the leader (+2%, to $7.9 billion).
Director General of the International Organization of Vine and Wine Industry (IOVI) Pau Roca thanked representatives of the Ukrainian wine industry for the work done to restore Ukraine’s membership in this international structure.
“In this difficult time that Ukraine is going through and in this difficult situation, we focus on the promotion of Ukrainian winemaking in the world. The fact that Ukraine joined our interstate organization is a very important step at this very period. This step will bring results in the near future”, – stressed the Head of IGOV at a press conference in the news agency Interfax Ukraine.
In turn, the Deputy Minister of Agrarian Policy and Food of Ukraine Markiyan Dmytrosevych also noted the importance of Ukraine’s membership in IGOV, as this organization currently unites 85% of the world’s specialists in the field of viticulture and winemaking, as well as represents the interests of 80% of consumers.
“The International Organization of Winegrowing and Winemaking is primarily a platform for the exchange of experiences in the promotion of wine products. Membership in IGOV and work in its committees will give Ukraine the opportunity to be aware of all the changes and directions of development of the industry, which, in turn, is important in the context of European integration of our country, “- said Dmitrasevich.
Speaking about the consequences of war for the sector, the Deputy Minister said that, according to the estimates of the World Bank and experts of the Institute of International Economics, the cost of destroyed, stolen, damaged property in the agricultural sector is $8 billion. With the rest of the indirect losses – lost profits, unfulfilled contracts – the total damage from military action reaches 40 billion UAH.
“If perennial plantations are destroyed, it will take years to recover. After the human losses such losses are the most painful for us and for the industry”, – he stressed.
In addition, M. Dmitrasevich recalled the possibility of attracting state grant program for the establishment of new vineyards.
The head of the public association “Ukrsadvinprom” Volodymyr Pechko noted that in 2021 in Ukraine officially there were about 266 industrial producers of grapes and wine, 125 winegrowing enterprises, 29 small producers of grapes and wine products.
“About the figures, to process each hectare involved 33 employees on a permanent basis, each enterprise employed an average of 250 people. Thus, the employment rate in viticulture and horticulture in Ukraine is one of the highest compared to other industries,” stressed the industry representative.
Pechko also thanked the Ministry of Agrarian Policy for implementing an industry support program and providing grants to winemakers in both 2021 and 2022.
“The state’s support of planting vineyards even in this difficult time will allow not only to preserve the industry in the future, but also to expand vineyard planting areas,” he said.
According to the moderator of the press conference and the deputy head of the public association “Ukrsadvinprom” Maxim Urakin, in the current realities it is extremely important to extend the status of winemaking to all regions of Ukraine.
“Granting the status of winemaking regions to all regions of Ukraine without exception is especially relevant in connection with the displacement of viticulture in the central and western regions of the country, where dozens of winemakers are already working effectively; the status of winemaking region will allow winemakers to claim assistance, technology, benefits,” – said Urakin.
According to the deputy head of “Ukrsadvinprom” on international relations Natalia Burlachenko, the main purpose of the renewal of membership in the IOVV is the popularization of the Ukrainian product.
“First of all, we want to show what heights and quality Ukraine has achieved, despite the realities in which we live. This is an important platform to sound to the world. It is an opportunity not only virtually but also offline to communicate with foreign colleagues and show that Ukrainian wine exists, exists and will become more competitive in the future,” she said.
Ricardo Nuñez, owner of the Vinos de La Luz wine company and investor in Ukrainian winemaking, stressed that Ukraine needs a state program for the development of winemaking to bring the industry to a new level of development after the war.
“In February 2022 the dynamic development of the wine industry in Ukraine came to a halt. Many Ukrainians, including those involved in winemaking, left their homes. But they will return with the knowledge and experience gained outside the country. They must be prepared for new opportunities”, the winemaker said.
Ricardo Nunez presented the novelty of the season – a red dry wine Big Wines Big Art, which was produced from the grapes of Odessa black vintage 2020 grown in the Rhenia district of the Odessa region. The first batch of 1,000 bottles was produced at the facility in the Kyiv region. A well-known artist Ivan Marchuk was involved in the work on the new Ukrainian wine, who provided his painting “Awakening” symbolizing the revival of Ukrainian winemaking after the war, said Ricardo Nuñez.
Speaking about the future recovery of the industry the winemaker reminded that development always begins with the emergence of many small producers who become the basis for the creation of large enterprises.
“I am the first investor in the winegrowing and winemaking industry in Ukraine during the war. I am working on wine production right now. My task is to teach Ukrainians to drink their own wine. Then the country will have a great and great industry,” he said.
Representatives of Ukrsadvinprom handed over the flag of the International Organization of Vine and Wine Making to the Ministry of Agrarian Policy of Ukraine.
The International Organization of Vine and Wine (IOVV) is the successor of the International Bureau of Vine and Wine, which existed from 1924 to 2001 and today unites 49 countries. It is this organization that develops the standards of world winemaking. IOVW consists of four committees – viticulture, enology, economics and law, safety and health. Ukraine will be represented in the international organization by a delegation, which consists of representatives of the Ministry of Agrarian Policy, the Institute of Viticulture and Winemaking named after Tarov. Ukraine will be represented by a delegation consisting of representatives of the Ministry of Agrarian Policy and the Winemaking Institute named after Tairov, members of “Ukrsadvynprom”.
The Vinos de La Luz Group has wineries in Old and New World wine-growing regions, in particular, in Spain, Italy, Argentina and the USA, where it produces wines under the Vinos de La Luz brand.
EXPERTS_CLUB, MARKIYAN_DMITRACEVICH, MINISTRY_OF_AGRICULTUR, NATALIA_BURLACHENKO, OIV, PAU_ROCA, RICARDO_NUNEZ, UKRSADVINPROM, VINOS_DE_LA_LUZ, VITICULTURE, WINE, WINE_OF_UKRAINE, WINEMAKING
On March 28, 2023, the Władysław Strzemiński Academy of Arts in Lodz (Poland) hosted a book signing and presentation of the book by Serhiy Bielinski and Yulia Ivashko “A światłość w siemności świeci…” (“And the light shines in the darkness…”). The meeting was hosted by Dr. Lukasz Mikołaj Sadowski. According to Yulia Ivashko, Professor of the Department of Architecture and Architectural Design, this meeting with the presentation of the book published by the Krakow-based Impuls Publishing House was a logical continuation of the briefing at the Interfax Agency, when the first public presentation of both the book and an art project aimed at popularizing the work of wartime artists and, as Anastasia Urakina (a graduate student at the Department of Architecture and Architectural Design) announced, art therapy for those returning from the front line. In a short time, this project from Europe has already spread to Japan.
The art project about the war in Ukraine presented earlier at the Interfax-Ukraine agency also received a scientific component: in addition to photographs and videos by Serhiy Belinsky, photographs of the destruction of Bakhmut taken by a scientist at war, Doctor of Technical Sciences, Professor Denys Mykhailovskyi, were shown during the meeting at the Academy of Arts.
According to Yulia Ivashko, today the main efforts to present and financially support this project with the participation of artists and scientists who are at war have been taken over by Polish partners. Today, the international art project of this format, which was founded immediately after the outbreak of the war, is the first and so far the only one, and the constant expansion of the number of exhibitions, conferences, publications and films shows the interest in the world. Yulia Ivashko hopes that their initiative will attract the attention of other artists at war. For them, participation in such a project is both a popularization of their work and a kind of art therapy.
Watch the video presentation:
Based on materials by Y. Ivashko and S. Belinsky
The owners of the well-known in the Odessa region “Champagne Ukraine” LLC Vasyl Bratinov and his father Ignat declared their intention to purchase 91.27% of the shares in Odessavinprom PJSC, the main owners of which are the Gulievs family.
According to the information in the disclosure system of the National Commission for Securities and Stock Market, currently there are no shares of “Odessavinprom” in the ownership of the Bratynovs.
Odessavinprom (Odessa) in its turn announced that this year on April 28 it will hold a remote annual meeting, the agenda of which apart from the traditional issues included questions about the early re-election of the Supervisory Board and the Auditor.
According to the announcement of the meeting, Odessavinprom in 2022 reduced its net loss by 1.7 times compared to the previous year – to 18.26 million UAH, resulting in an uncovered loss of 128.33 million UAH.
According to preliminary financial statements, last year the company decreased total receivables by 36.1% to UAH 64.13 million, current liabilities – 2.7 times, to UAH 105.68 million, getting rid of long-term liabilities by UAH 15.3 million.
As a whole the assets of Odesvynprom by the end of 2022 decreased by 13.1% and amounted to UAH 194.45 mln. The cost of fixed assets at residual value made UAH 27,47 mln. at the end of the last year. The company slightly increased its stock to UAH 69.76 mln and had only UAH 0.35 mln of free cash, compared to UAH 3.33 mln a year before.
According to the disclosure system of the National Commission on Securities and Stock Market, the shareholders of Odessavinprom at the end of 2022 were Shota Guliev with 24.86% of shares, Robert Guliev – 19.09%, Diana Guliev – 14.9%, Karen Guliev – 14.9% and Vladimir Maslenikov – 12.8%.
According to opendatabot, the Bratinovs also own the farm “Kulevcha” which specializes in the cultivation of cereals, industrial crops and grapes, “Dnistro-Hybrid” LLC, “Unity of Nations” SVK and a number of other agrarian enterprises.
Last year, according to opendatabot, “Champagne Ukraine” decreased revenues by 42.8% – to 73.7 million UAH, and net profit – in 5.6 times, to 7.28 million UAH. Odessavinprom had revenues of 137.06m hryvnias last year.
Stock indices of major Asia-Pacific countries are rising in trading on Friday, with bourses in Australia and Hong Kong not working due to the Easter holiday.
Japan’s Nikkei 225 index was up 0.2 percent by 8:42 a.m.
Shares of optical equipment maker Hoya Corp. (+2.4%), chipmaker Tokyo Electron Ltd. (+1.9%), insurer Dai-ichi Life Holdings Inc. (+1.9%) and automaker Mazda Motor (+1.9%) were among the leaders.
Meanwhile, Seven & I Holdings gained 4%. One of the largest trading companies in the world increased its net profit and revenues by about a third last fiscal year, which ended in February. However, the outlook for this fiscal year disappointed investors. The company expects its operating profit to be 513 billion yen ($3.9 billion) while analysts forecast an average of 526 billion yen.
China’s Shanghai Composite Index was up 0.3 percent by 8:47 a.m. Since the beginning of this week, it has added 1.4%, and it ends “in plus” for the fourth week in a row, said Trading Economics.
Shares of pharmaceutical companies Shouyao Beijing (+20%), Suzhou Zelgen Biopharmaceuticals (+14.8%) and Dizal Jiangsu Pharmaceutical (+11.4%) demonstrated considerable growth.
South Korea’s Kospi Index was up 1.3% by 8:40 a.m.
One of the world’s biggest chip and electronics maker Samsung Electronics Co. gained 4.5% and steelmaker Posco rose 1.4%.
At the same time, shares of automaker Hyundai Motor fell 0.2%.
Romania has temporarily suspended the passage of trucks across the state border, and the traffic police have banned the passage of all vehicles traveling from three road checkpoints on the Ukrainian-Romanian border due to difficult weather conditions, the Western Regional Department of the State Border Service reported on Facebook.
“The road police of Romania prohibited the passage of all vehicles from the checkpoints “Dyakovtsy-Rakovetsy”, “Porubnoe-Siret” and “Krasnoilsk-Veche de Sus” in the direction of Siret and Suceava due to snow drifts and unsatisfactory condition of roads in these sections,” – explained in the message.
The State Border Service asks citizens to take this information into account when planning trips to Romania.
At the same time, the state border with Poland, Slovakia and Hungary, the checkpoints operate stably, the travel is not hampered.
The Agency for Reconstruction clarified that in the Chernivtsi region, where the precipitation continues for the third day, snow removal technicians are working.
“Thanks to the coordinated work of the contracting organizations of the Agency for reconstruction, the passage on state roads of Bukovina is provided, restrictions are not introduced,” – said in Telegram agency.
Earlier it was reported that due to icing of the contact network on the Lviv railroad with a delay of 30 minutes or more were eight trains. By mid-day, only train № 113/114 Lviv-Kharkiv was delayed by 30 minutes. The rest of the trains were back on schedule.
