From April to October 2023, GTSOU transported 3.2 bcm of natural gas from the EU and Moldova to Ukraine, which is 4.5 times more than in the same period last year – 716 mcm.
“The main volumes belong to foreign companies and have been received for storage in Ukrainian underground gas storage facilities,” GTS Operator of Ukraine LLC (GTSOU) reported on its website on Friday.
This season, the main source of natural gas supply was the Slovak direction – 1.373 billion cubic meters, or 43% of the total volume. Hungary received 918.2 million cubic meters (29%), Poland – 382.5 million cubic meters (12%), Romania through Moldova – 540.5 million cubic meters (16%).
According to the GTSOU, the southern branch of the Ukrainian GTS, which is part of the Trans-Balkan Corridor, was actively used this year for commercial gas supplies from Romania. Mostly, gas was transported via this route by order of foreign traders for storage in Ukraine.
“We are ready to offer new solutions to our customers, and among them, in particular, we see the Trans-Balkan Corridor. This route is able to unite the markets of Southern and Central Europe, connect LNG terminals in Greece, storage facilities in Ukraine and Central European consumers into one supply chain,” said Dmytro Lippa, CEO of the GTSOU.
As reported, stress testing conducted by the Ukrainian GTS and UGS operators with USAID assistance in August 2023 confirmed the high reliability of the Ukrainian gas infrastructure, including the storage and transportation of gas to foreign customers, even in the face of military risk of damage to key assets.
On the occasion of the annual celebration of the Ukrainian Winemaker’s Day and in order to support and popularize domestic wine producers, the capital will host the first Winemaker’s Day festival, which will feature products from all over Ukraine. The event will showcase both the ancient traditions and the modern approach of Ukrainian winemaking.
“In recent years, Ukrainian wine production has begun to revive largely thanks to small wineries and wine tourism. But the war has slowed this process to a large extent. One of the ways to stimulate the country’s economy to recover is to hold events that will help popularize domestic producers among consumers,” says Volodymyr Pechko, CEO of UKRSADVINPROM.
“Most major wine-producing countries support their producers and stimulate sales both in the domestic market and for export. Ukraine will not be able to develop as a wine country without systematic state support for domestic producers. That is why I am grateful to the Ministry of Agrarian Policy for its support in organizing the festival,” said Maksym Urakin, founder of the Kyiv-based think tank Experts Club.
According to him, Ukraine can produce much more wine than it does today, but competition from imported products is high. According to the Experts Club, imported wine occupies a significant share of the Ukrainian market, accounting for about 70% of total sales in the country, while the share of Ukrainian wine is about 30%.
“Holding thematic festivals dedicated to winemaking could open up unique varieties of Ukrainian wine to consumers, which are in no way inferior to French or Italian wines,” Urakin emphasized.
In her turn, Natalia Blagopoluchna, Head of the All-Ukrainian Association of Winemakers and Sommeliers, emphasized the unique organoleptic characteristics and taste of Ukrainian craft wines.
“The diversity of our wines is the result of unique local climatic conditions and the peculiarities of the grape varieties we use. They strike with their originality, arouse admiration and stimulate bold experiments,” she said.
The festival will be held on November 11-12 at the address: Kyiv, Dniprovska embankment, 12, RIVER MALL, food court area on the 3rd floor.
The festival program includes a presentation of Ukrainian craft wines, charity auctions, master classes from winemakers, tasting sessions, cooking shows, music performances and much more.
The festival is organized by the UKRSADVINPROM public union, the Club of Experts think tank, and the Association of Winemakers and Sommeliers.
The following Ukrainian wineries will take part in the festival:
– Zelenytsy winery “Zelenytsy Family Winery”;
– Gigineishvili Wine House;
– Slyvyno Winery, a private enterprise;
– Dnipro hills (Stoic Ukrainian winery);
– WINEIDEA;
– Tiras Vaineri LLC;
– 46 Parallel;
– Uman Winery of Igor Maksymenko;
– Father’s wine VB;
– Falko Winery;
– Villa Tinta;
– Institute of Horticulture of the National Academy of Agrarian Sciences of Ukraine;
– Kulinichenko winery;
– KOBLEVO;
– Wines of the Silver Land;
– National Research Center “Tairov Institute of Viticulture and Winemaking” of the National Academy of Agrarian Sciences of Ukraine.
The event is supported by the Ministry of Agrarian Policy and Food of Ukraine.
Tickets for the event can be purchased here.
EXPERTS CLUB, UKRSADVYNPROM, URAKIN, WINE, wine festival, WINEMAKING, ПЕЧКО
Foreign investors are looking for transparency, openness and willingness to cooperate in companies. This helps build trust and break down myths about corruption and instability.
This was stated by Marina Cheban, Head of the Legal Department of DIM Group, in an article for thepage.ua.
“While diplomats and politicians are discussing government investments, businesses should actively explore opportunities for existence and development in the new environment. An important aspect of successfully attracting investment from foreign companies is establishing partnerships with foreign investors. Foreign investors are looking for transparency, openness and willingness to cooperate in companies. This helps to build trust and break myths about corruption and instability,” she emphasizes.
Maryna Cheban shared an example of a successful partnership with a foreign investor company and attracting investment in the LUCKY LAND residential complex, which is notable for its scale and comprehensive social facilities. Foreign investors are interested not only in profit, but also in social issues and meeting the needs of the population. In particular, this applies to residents who migrated due to the war. The social aspect, along with well-thought-out planning and various services, creates a comfortable living environment, which makes the complex liquid and extends the product’s life cycle.
“At the moment, we cannot disclose the name of our partner and the size of the investment, but we can say with certainty that foreign investors are looking for long-term investments that bring passive income in the future, which means millions of dollars for construction and an example for other investors that the Ukrainian real estate market is potentially interesting to invest in. For the Ukrainian market, the cases of cross-border partnerships are an opportunity to share experiences, bring best practices, as well as a strategic opportunity to develop and create a positive image for the cumulative effect of building the Ukrainian real estate and development market,” Cheban said.
However, according to Cheban, attracting foreign investors to Ukrainian residential projects is not an easy task, and risk management plays an important role. An important step is project due diligence, which allows investors to understand all aspects of Ukrainian legislation, urban planning regulations, and other norms. Risk management includes a detailed analysis of risks that may arise, including military, political, tax, and economic factors. It is important for Ukrainian companies to demonstrate openness, trust and a deep understanding of the risks involved in attracting foreign investment. This is an important step for Ukraine’s development and building a safe investment environment.
DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 buildings in six residential complexes with a total residential area of over 218 thousand square meters. Six residential complexes of “comfort+” and “business class” categories are under construction: “New Autograph, Metropolis, Park Lake City, Lucky Land, etc.
Agrarians in all regions of Ukraine harvested 67 mln tonnes of grains and oilseeds, including 47.184 mln tonnes of grains and 19.958 mln tonnes of oilseeds, the press service of the Ministry of Agrarian Policy and Food reported.
According to the report, grain and leguminous crops were harvested on an area of 9324.6 thousand hectares with a yield of 50.6 c/ha.
To date, Ukraine has completed harvesting and threshing of barley from 1505 thousand hectares (101% of the plan), which yielded 5.890 million tons; wheat – from 4695 thousand hectares (101%), 22.409 million tons were harvested; peas – from 154.4 thousand hectares (103%), 398.2 thousand tons were harvested, and rapeseed – from 1396 thousand hectares (98%), 4.005 million tons of seeds were harvested.
The harvest of millet is nearing completion, with 178.6 thou tons harvested from 78.7 thou hectares (94%), and buckwheat – 206.5 thou tons harvested from 138.7 thou hectares (98%). Corn was harvested from 2420.1 thou hectares (60%), amounting to 17.133 mln tons.
In addition, other grains and legumes were harvested in the amount of 969.3 thou tons from 333.8 thou hectares.
Ukraine continues harvesting oilseeds, including sunflower – 11.310 million tons (11.074 million tons a week earlier) from 4.776 million hectares (94%), soybeans – 4.643 million tons (4.507 million tons) from 1.765 million hectares (97%).
Sugar beet was harvested from 183.8 thou hectares (155.4 thou hectares a week earlier), which is 50% of the planned area. The harvest amounted to 8.729 mln tons.
The Ministry of Agrarian Policy also monitors information on crop yields, which amounted to 47.7 c/ha for wheat, 39.2 c/ha for barley, 25.8 c/ha for peas, 22.7 c/ha for millet, and 14.9 c/ha for buckwheat. The yield of corn is 70.8 c/ha, rapeseed – 28.7 c/ha, soybeans – 26.3 c/ha, sunflower – 23.7 c/ha. The yield of sugar beet is 475 c/ha.
At the same time, the Ministry clarified that the largest grain harvest was recorded in Vinnytsia region, where farmers harvested almost 4 million tons. Cherkasy, Kirovograd, Poltava, Odesa and Dnipro regions harvested more than 3 million tons of grain each. Agricultural producers in Kyiv, Mykolaiv, Ternopil, Sumy, Khmelnytsky, and Chernihiv regions harvested 2 million tons of grain each.
The highest sunflower harvest was in Dnipropetrovska oblast – 1428 thou tons and Kirovohradska oblast – 1426 thou tons. The leader of soybean harvest is Khmelnytsky region – 576.9 thsd tonnes.
As reported, this season winter wheat plantings amounted to 4166 thou hectares (-834 thou hectares compared to the previous season), winter barley – 536 thou hectares (-255 thou hectares), and rapeseed – 1374 thou hectares (+110 thou hectares).
According to the adjusted forecast of the Ministry of Agrarian Policy, in 2023, farmers will be able to harvest 79.1 mln tons of grains and oilseeds, including the following volumes: wheat – 21.7 mln tons, barley – 5.7 mln tons and corn – 28.5 mln tons. Gross production of oilseeds will reach 21.6 million tons, including 13 million tons of sunflower, 4 million tons of rapeseed, and 4.6 million tons of soybeans. The sugar beet harvest is forecast at 13.7 million tons.
In January-October 2023, PJSC Ukrnafta sold 3.7 million non-fuel checks, which is 43% more than in 10 months of 2022, and 7.15 million units of non-fuel products, which is 58% more than in the same period last year.
“In general, the turnover in January-October 2023 increased by 30%, adjusted for inflation,” the company said in a press release on Friday.
According to the company, the conversion rate – the ratio between non-fuel and fuel receipts – increased by 78%, from 0.13 to 0.23.
“Ukrnafta’s goal is to reach a one-to-one ratio in fuel and non-fuel sales. We are developing the network to ensure that customers receive not only European quality Euro-5 fuel, but also all the necessary goods and services,” the company said.
As reported, Ukrnafta, which has been fully controlled by the state since the end of 2022, has set a strategic goal to double oil and natural gas production to 3 million tons and 2 billion cubic meters by 2027, respectively. In 2023, the company plans to increase oil production by 5.8% year-on-year to 1.447 million tons and gas production by 0.3% to 1.04 billion cubic meters.
“Ukrnafta holds 87 special permits for hydrocarbon production.
Ukrnafta’s network of filling stations includes 537 stations in almost all regions of Ukraine. Of these, 456 are operational. The company is implementing a comprehensive program to restore operations and update the format of its filling stations.
NJSC Naftogaz of Ukraine owns 50% + 1 share in PJSC Ukrnafta.
DIM Group of Companies has joined the program of restoration/compensation of destroyed housing from the Ministry of Community Development of Territories and Infrastructure, the press service of the company reported.
As reported, from November 5 begins the issuance of housing certificates for exchange for new housing for Ukrainians whose housing in the non-occupied territories as a result of Russian aggression was destroyed. Objects for the purchase of housing on certificates can be already built or objects at the final stage of construction.
DIM Group of Companies will work with all financial institutions that will lend under the state programs, these are state banks, Oschadbank, Sense, PrivatBank, and commercial banks.
Ukrainians will be able to realize their housing certificates in the residential complexes Metropolis and Lucky Land, located in Kiev and the countryside complex Park Lake City in the village of Podgortsy, Kiev region.
As it was reported, since August 1 in “DII” started accepting applications under the program “eVidnovolneniya for compensation for housing destroyed because of the war. Compensation will be paid to sole owners of housing, which was destroyed due to hostilities after February 24, 2022, is not subject to reconstruction and is located in the non-occupied territory and not in the zone of active hostilities. As of the beginning of November, more than 5 thousand applications for compensation for destroyed housing have already been received, and a fifth of them have already been processed, having approved the issuance of 422 housing certificates for a total amount of UAH 811 million.
DIM Group was founded in 2014 consists of six companies covering all stages of construction. To date, it has commissioned 12 houses in six residential complexes with a total residential area of more than 218 thousand square meters. Six residential complexes of “comfort+” and “business class” category are under construction: “New Autograph”, “Metropolis”, Park Lake City, Lucky Land and others.
