Business news from Ukraine

Business news from Ukraine

On February 14-17, 2023, largest exhibition of organic products “Biofach” was held in Nuremberg, Germany

On February 14-17, 2023, the largest exhibition of organic products “Biofach” was held in Nuremberg, Germany. This year, Ukraine was represented by the largest National Pavilion in the history of participation in the event with a total area of 188 m2, the main organizers were the state institution “Office for Entrepreneurship and Export Development” and the national project Diia.Business. The list of exhibitors and the Catalog of Ukrainian Organic Exporters 2023 can be found here. Find out more on the website of the Ministry of Agrarian Policy and Food of Ukraine about the opening of Biofach, the presentation of the National Pavilion of Ukraine, and the increase in organic exports to the EU and Switzerland by 13%.
We also invite you to familiarize yourself with the latest results of the survey of organic business in Ukraine, which was conducted by the Organic Initiative, an association of key participants in the organic sector of Ukraine, in January-February 2023.
Traditionally, on the first day of the Biofach exhibition, the Research Institute of Organic Agriculture (FiBL) and IFOAM – Organics International presented the book “The World of Organic Agriculture. Statistics and New Trends 2023”, which presents data on the development of the global organic market for the year before last. The full version of the publication in English is available here.
In 2020, there was a significant increase in the consumption of organic products and many experts feared that in 2021 there would be a significant decrease in global sales. However, we see that, despite fears, consumption of organic products has increased, as has the number of organic producers, although the growth has slowed somewhat.
The global consumption of organic products in 2021 amounted to 124.8 billion euros (+4.2 billion euros compared to 2020). The United States remains the largest market for organic products, although sales here fell slightly, to 48.6 billion euros compared to 49.5 in 2020. The second largest market is Germany – 15.9 billion euros (+0.9 billion euros) and the third – France – 12.7 billion euros (unchanged).
We invite you to read more and use infographics and tables from the annual book “The World of Organic Agriculture. Statistics and New Trends 2023” (data as of 12/31/2021), which have been translated into Ukrainian:
– Organic Agriculture in the World
– Retail sales of organic products in the world
– Organic producers in the world
– Organic farmland in the world
– Organic agriculture in Europe
– Retail sales of organic products in Europe
– Organic farmland in Europe
– Organic agriculture in the EU
– Table “Organic agriculture: key indicators and leading countries”
– Table “Key indicators of organic production in Europe and the EU”
– Table “Legislation in the field of organic agriculture: current status by regions”
We are pleased to announce that in February 2023, the certification body Organic Standard LLC, in cooperation with the Organic Initiative and BrandStory, completed the joint project Organic’22, a rating of Ukrainian organic brands that, despite the difficult conditions, worked, developed and supplied their products to Ukrainian and even European supermarket chains.
Just like last year, the project was based on the ORGANIC’22 rating: TOP 15 Organic Brands of Ukraine.
We also developed ratings in three categories:
– Vitamins – all year round: TOP 5 producers of fresh products
– Strategic stock: TOP 5 brands of grocery products
– Happy Cow: TOP 3 producers of organic dairy products
They also continued to talk about baby food The best of the best: organic baby food!
And this year’s novelty is a selection of brands that produce snacks, which, by the way, have the prospect of taking a significant place on the shelves in European stores: Dietitian-approved: brands that make the right snacks
All publications are available in three languages: Ukrainian, English and French.
We invite you to share the organic ratings with your audience.
These events and materials were organized and developed/translated with the support of Switzerland within the framework of the Swiss-Ukrainian program “Higher Value Added Trade Development in the Organic and Dairy Sectors of Ukraine” (QFTP), implemented by the Research Institute of Organic Agriculture (FiBL, Switzerland) in partnership with SAFOSO AG (Switzerland), www.qftp.org.

Inflation in Ukraine in February in annual terms amounted to 24.9%

Consumer price growth in Ukraine slowed to 0.7% in February 2023 from 0.8% in January, returning to the level of December last year, the State Statistics Service (Gosstat) said on Friday. According to its data, 1.6% inflation was recorded in February-2022, so in annual terms in February-2023 it fell to 24.9% from 26% in January and from 26.6% in December last year.

Core inflation in the past month fell to 0.5% from 0.7% in January and 0.8% in December 2022, the Gosstat said.

With core inflation at 1% in February 2022, year-over-year core inflation also fell to 22.7% in January from 23.3%, just above last year’s 22.6%.

In the consumer market in February, prices for food and non-alcoholic beverages have increased by 1.5%. Vegetables went up most of all (by 13.9%). Fruit, poultry, fish and fish products, bread, milk and dairy products, pasta and soft drinks rose by 1.4-0.4%. At the same time, processed cereal products, eggs, rice, bacon, beef, pork and sunflower oil went down in price by 2.3-0.4%.

The prices of alcoholic beverages and tobacco products rose by 1.1%, including tobacco products – by 1.4% and alcoholic beverages – by 0.9%.

Clothing and footwear fell in price by 3.2%, including clothing by 3.2% and footwear by 3.1%.

An increase in prices in the health sector by 0.8% was primarily due to a 1.6% increase in the cost of outpatient services and hospital services.

Transport prices fell by 1.7% due to the decline in fuel and lubricants by 5.3%, as well as train fares by 1.5%.

As it was reported in January, the National Bank of Ukraine improved its inflation forecast for this year from 20.8% to 18.7%, including down to 23.6% in the first quarter and to 18.7% in the first half of the year.

The government this week also reported that its inflation forecast for the current year has been lowered to 24% from 28%.

President of Ukraine urged people to more actively replace ordinary lamps with LED-lamps

Ukrainian President Volodymyr Zelensky thanked power engineers for recovery work after Russian missile strikes and urged the population to actively participate in the program to exchange ordinary bulbs for LED lamps
“I want to separately thank for this week our power engineers, all the employees of the repair teams, local and central authorities, who were involved in the elimination of the consequences of the Russian terrorist strike on Thursday,” he said in a video message on Sunday.
According to him, “for today it was possible to restore the technical capabilities of electricity supply. Kharkiv – with light. Zhytomyr region – with electricity. All cities and communities where there were problems with power supply have been healed again.”
“I thank each and everyone who worked for this! By the way, our program of exchanging old bulbs for new LED-lamps is being actively implemented. In total, Ukrainians have already received 12 million LED-lamps. And if we talk about energy saving, this amount allows saving up to 600 megawatts of energy. Approximately it is, for example, more than half of the generation of the most powerful nuclear power plant unit, “- he said.

Luxembourg transfers armored ambulances to Ukraine

14 armored ambulances manufactured by the British company Venari have been sent to Ukraine from Luxembourg, the Ukrainian embassy in Belgium and Luxembourg said.
“Already in the near future the vehicles will be sent to the front line, where they will carry out their main mission – to save the lives of our defenders defending our state, as well as civilians who constantly become victims of barbaric Russian shelling,” the message says.
It specifies that the action was realized within the initiative “Ukraine is calling”, organized by the Community of Ukrainians in Luxembourg LUkraine asbl, and supported by the embassy of Ukraine in Belgium and Luxembourg.
The aim of this initiative was to raise 10 million euros for the purchase of 112 ambulances and fire-fighting vehicles.
“We express our great gratitude to the Luxembourg Ministry of Defense, in particular to Mr. François Bausch, Deputy Prime Minister – Minister of Defense of Luxembourg, Steve Tull, Chief of the General Staff and Oliver North, Deputy Chairman of the Venari Group. Special thanks to the President of LUkraine Mr. Mykola Zharov, Vice-President of LUkraine Inna Yaremenko and also to the entire LUkraine team”, the diplomatic mission summed up.

, ,

LLC “Parimatch” announced cessation of work in Ukraine

Parimatch LLC has officially ceased operations in Ukraine, the company said.
“The company’s operating activities have been terminated. The customer platform is unavailable, the website pm.ua has been blocked,” the company said in a press release published in its telegram channel on Sunday.
The company pointed out that it complies with Ukrainian law and Presidential Decree № 145/2023 of March 10.
In the press release, Parimatch said it is looking for ways to legally recover customer funds from its balance sheet and pay off debts under partnership contracts. The company also says it will terminate “labor relations with the company’s staff.”
As the company informs, the amount of actually paid taxes and license payments LLC “Paramatch” for 2023 is 485 million UAH. “We will wait for additional analysis and consideration of the situation around the sanctions of the CNBO against LLC Parimatch and hope for a future review of the decision,” the message of LLC “Parimatch”.
As reported, the President of Ukraine Vladimir Zelensky by decree of March 10 enacted the decision of the National Security and Defense Council of Ukraine (NSDC) on the same day to impose sanctions on 120 individuals and 287 legal entities. Among them are Ukrainian LLC “Parimatch”, Financial Company “Leo”, “PokermatchUA”, “Your Betting Company” and “Play Fan Investment”.
From the Parimatch holding, the new sanctions also affected Parimatch United Investments Limited (UK) Fullgear Investments Ltd, Auspicia Limited (both Cyprus), Suncast Furure N.V. (Curacao, Netherlands), and Parimatch Foundation Limited (Cyprus), as well as a whole group of individuals abroad.

It’s getting warmer in Ukraine

On Monday, March 13, there will be light sleet and rain in the northern and western regions at night and in the western regions during the day, but no precipitation in the rest of Ukraine, the Ukrainian Weather Center reported.
In the western, northern and Vinnytsia regions, there will be ice on the roads in some places.
The wind will be mostly southwest, 7-12 m/s, with gusts of 15-20 m/s in the western regions in some places during the day.
The temperature at night will be 0-5° below zero, during the day 3-8° above zero, in the southern part and the Carpathian region up to 11° above zero.
No precipitation in Kyiv on Monday. The wind will be mostly southwest, 7-12 m/s. The temperature will be 2-4° below zero at night, 6-8° above zero during the day.
According to the Borys Sreznevsky Central Geophysical Observatory, on March 13, the highest daytime temperature in Kyiv was 17.3 in 2001, the lowest nighttime temperature was -21.2 in 1928.
No precipitation in Ukraine on Tuesday. Southeast and south wind, 5-10 m / s, during the day in Ukraine, except for the south and east, in some places gusts of 15-20 m / s, in the highlands of the Carpathians 25-30 m / s.
The temperature at night in the western regions will be 1-6 ° C, in the rest of the territory from 3 ° C to 2 ° C, in the east and in the Carpathians 1-6 ° C; during the day 9-14 ° C, in the western regions 14-19 °.
No precipitation in Kyiv on Tuesday. Southeast and southern wind, 5-10 m / s, in some places gusts of 15-18 m / s during the day. The temperature at night will be 1-3° Celsius, during the day 11-13°.