The European Commission (EC) wants to have a well-balanced list of goods from the United States on which it intends to impose higher tariffs and buy time for trade talks with Washington, so it is postponing the deadline for its countermeasures.
EC spokesmen explained at a briefing in Brussels on Friday that there are two complementary parts of the list of goods. One is due to enter into force on April 1, and the other in mid-April.
“This week, the (European) Commission decided to reconcile the schedule of its various countermeasures. This is because, by clarifying this schedule, it is possible to consult with member states on both lists. Secondly, it allows us to be more effective, to achieve a better balance between products, taking into account the interests of European producers, exporters, consumers,” said Olof Gill, the EC spokesman.
“And this allows us to have more time to discuss with the US administration. Let me remind you that our goal is to avoid customs duties that would harm everyone on both sides of the Atlantic. That’s why we are preparing for negotiations with the United States, trying to buy time to reach an agreement,” added Gill.
According to him, if these talks do not lead to a satisfactory result, there will be a “firm and targeted reaction” of the EU in response to the US measures in order to “reduce the negative consequences for Europe”.
“We will be ready to respond to any development,” the EC representative emphasized.
Earlier, EC President Ursula von der Leyen said that the postponement of the application of increased EU customs duties to a number of American goods is related to the search for the best consideration of the interests of the European side. “We have decided to clarify the time when our tariffs will take effect. This does not change the effect of our retaliatory measures. And this is important, because they reach 26 billion euros, which is the equivalent of $28 billion of potential US tariffs,” the EC President said at a press conference in Brussels on Friday night.
PJSC Kryukovsky Carriage Works (KVSZ, Poltava region) received UAH 81.08 million in net profit in 2024, while a year earlier the loss amounted to UAH 143.76 million, according to the agenda of the company’s annual general meeting of shareholders scheduled for April 21.
“According to the results of the company’s financial and economic activities in 2024, the profit amounted to UAH 81 million 082 thousand 307. Taking into account the income from the revaluation of actuarial liabilities, according to the calculation of an independent actuary, in the amount of UAH 9.642 million, to approve the total profit for 2023 in the amount of UAH 90 million 724 thousand 307,” the draft decision of the meeting states.
The profit is planned to be used to pay off losses for previous years, and no dividends will be accrued or paid.
According to the National Securities and Stock Market Commission (NSSMC), as of the third quarter of 2024, Estonian AS Skinest Finants and Osauhing Delantina own 25% of the shares of PJSC “KVSZ”, and Transbuilding Services Limited, registered in England, owns 20%.
At the same time, the list of shareholders includes Austrian OW Capital Management GmbH (controlled by Russian citizen Gamzalov) as the owner of 25% of the shares.
As reported, by a court decision of July 13, 2022, this stake was transferred to the National Agency for Finding, Tracing and Management of Assets Derived from Corruption and Other Crimes (ARMA), and in April 2023, it announced a competitive selection of a manager for this stake.
KVSZ lists its main owner as the chairman of the supervisory board and president, Volodymyr Prykhodko.
Kryukiv Carriage Works produces passenger and freight cars, regional diesel trains, high-speed interregional locomotive trains, spare parts and bogies for freight cars.
In 2024, the plant sold 1,096 thousand freight cars, which is almost 10% more than in pre-war 2021. The first 15 passenger railcars were also delivered to Ukrzaliznytsia under contracts for 66 units.
According to the Clarity-project resource, in 2024, KVSZ’s net income increased by 81% compared to 2023, to UAH 3 billion 767 million.
AB InBev Efes Ukraine (Kyiv) reduced its net loss by 26.1% to UAH 600.335 million in 2024, according to the agenda of the general meeting to be held remotely on April 11.
According to the published information, the shareholders plan to cover the losses at the expense of the company’s additional capital.
The shareholders are also proposed to approve the report of the company’s board of directors for 2024 and take into account the conclusions of the audit report for 2024.
According to the Opendatabot service, the company increased its revenue by 16.9% to UAH 5.451 billion in 2024, and its liabilities by 1.7 times to UAH 3.424 billion. At the same time, the company’s assets decreased by 2.4% to UAH 5.185 billion, and the number of employees decreased by 128 people to 1,088.
As reported, the shareholder structure of Abinbev Efes Ukraine was to change as part of the restructuring of the joint business of AB InBev and Anadolu Efes, which was explained by the Belgian company’s desire to leave the Russian market. Initially, it was planned that Anadolu Efes would buy out ABI’s entire stake in their joint venture AB InBev Efes B.V., which includes breweries in Ukraine and Russia, as announced in December 2023. However, Russia blocked the deal. As a result, the companies agreed on a different scenario in October 2024: Anadolu Efes will acquire AB InBev’s stake in the Russian business, and AB InBev will acquire Anadolu Efes’ stake in the Ukrainian business.
In December 2024, the Antimonopoly Committee of Ukraine granted a permit to AB InBev Western European Holding B. V. (Breda, the Netherlands) to acquire Abinbev Efes Ukraine PrJSC. The AMCU also allowed Efes Breweries International B.V., a member of the international Anadolu Efes group, to obtain sole control over AB InBev Efes B.V.
AB InBev Efes is one of the leaders in the Ukrainian brewing market, a joint venture of the world’s largest brewer Anheuser-Busch InBev and Turkey’s largest brewer Anadolu Efes.
The portfolio of beer brands consists of global (Bud, Corona Extra, Stella Artoi), international (Hoegaarden, Leffe, Beck’s, Lowenbrau, Franziskaner, Spaten, Velkopopovickiy Kozel) and local (Chernihivske, Rohan, Yantar) brands.
In 2023, Abinbev Ephesus Ukraine suffered serious losses of UAH 811 million with a turnover of UAH 4.6 billion. In the first year of the full-scale invasion, the company’s performance dropped from UAH 2.2 billion in revenue to UAH 2.1 billion in losses. The reason for this was damage to the company’s plants in Chernihiv, Mykolaiv and Kharkiv as a result of the hostilities.
Communal enterprise “Cherkassyvodokanal” of Cherkassy city council on March 20 announced a tender for services of compulsory insurance of civil liability of owners of motor vehicles (OSAGO).
As reported in the system of electronic public procurement Prozorro, the expected cost -446,707 thousand UAH.
Documents are accepted until March 28.
One of the largest grain market operators in Ukraine, Nibulon JV LLC, is entering new markets in the Middle and Upper Danube, expanding its operations in the region and offering a full cycle of grain and metal exports, as well as cargo transportation of all types of goods via the Danube, the grain trader’s press service reported on Facebook.
The agricultural holding reminded that the first steps in the Middle and Upper Danube markets were voyages with metal products on the routes Izmail – Lom (Bulgaria) and Izmail – Smederevo (Serbia), which were carried out by the tugs Pereyaslavsky and Kozatsky using barges of its own production. These shipments confirmed the company’s readiness to work efficiently with various categories of cargo, opening up new business opportunities in Bulgaria, Serbia, Romania and other countries in the Danube region.
“Our fleet is capable of transporting various types of cargo, and this is just the beginning. We offer comprehensive solutions to the Balkan business: grain exports combined with our logistics on the Danube to Constanta, as well as river transportation of any goods between the ports of the region,” said Sergey Kalkutin, Nibulon’s Logistics Director.
Nibulon assured that expansion to the Middle and Upper Danube is part of the agricultural holding’s long-term strategy aimed at developing international river logistics.
Currently, the agricultural holding is ready to offer a competitive alternative to traditional ways of supplying grain and other cargoes. This includes grain exports to 75 countries using its own river fleet, cargo transportation on the Danube for the agricultural, metallurgical and construction sectors, and flexible terms of cooperation: DAP, EXW, FCA, FOB, real-time online cargo tracking, international experience and reputation as a reliable partner.
“Thanks to its own modern fleet and efficient logistics, Nibulon guarantees stable and safe transportation on the Danube, which opens up access to new markets,” the agricultural holding emphasized.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader owned 27 transshipment terminals and crop reception complexes, facilities for simultaneous storage of 2.25 million tons of agricultural products, a fleet of 83 vessels (including 23 tugs), and the Mykolaiv Shipyard.
“Before the war, Nibulon cultivated 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries. In 2021, the grain trader exported the highest ever 5.64 million tons of agricultural products, reaching record volumes of supplies to foreign markets in August – 0.7 million tons, in the fourth quarter – 1.88 million tons, and in the second half of the year – 3.71 million tons.
Currently, the grain trader is operating at 32% of capacity, has set up a special unit to clear agricultural land of mines and had to move its headquarters from Mykolaiv to Kyiv.
BULGARIA, CARGO TRANSPORTATION, Danube, NIBULON, ROMANIA, SERBIA
