In July of this year, Ukraine managed to export 3.0 million tons of agricultural products, bypassing its seaports, the key export infrastructure of the country, now blocked by Russian troops.
Export growth last month was 12% compared to June 2022, according to the Facebook page of the Ukrainian Club of Agrarian Business Association (UCAB) on Monday.
In terms of crops in July, grain exports amounted to 1.7 million tons (corn – 69%, wheat – 22%, barley – 9%), having increased by 21% compared to June.
According to the UCAB, in July Ukraine exported 597.2 thousand tons of oilseeds (sunflower seeds – 61%, rapeseed – 19%, soybeans – 9%), which is 7% more than the previous month. At the same time, the same amount of vegetable oil was exported as in June – 297.1 thousand tons, of which 94% is sunflower oil and 6% is soybean.
Export of sunflower and soybean cake and meal in July amounted to 185.9 thousand tons (sunflower – 85%, soybean – 15%), which corresponds to an increase of 34% compared to June.
Thus, last month, grain crops showed the largest growth volumes, the export of which increased by almost 300 thousand tons over the month. There was also a partial change in the structure of grain exports – an increase in the share of wheat and barley compared to previous periods, which is associated with the harvesting of these crops by Ukraine and, accordingly, an increase in supply.
“Although there is a positive trend in exports, prices for grain crops in the domestic market continue to decline. They are being pressured by an excess supply of both the last year’s crop and the arrival of a new crop at a significantly lower export growth rate,” the UCAB said in a statement.
As reported, before the start of the full-scale military invasion of the Russian Federation, Ukraine monthly exported 5-6 million tons of agricultural products through its key seaports in Odessa and Nikolaev.
PrJSC “Druzhkovka Metal Products Plant” (DZMI, Donetsk region) by 2021 increased its net profit three times compared to 2020 – up to UAH 109 million 631.667 thousand from UAH 35.840 million.
According to the agenda of the general meeting of shareholders scheduled for September 1 of this year, shareholders are invited to decide on the payment of dividends for 2021 in the amount of UAH 1.64 per share (total – UAH 108 million 984.520 thousand), leaving the rest of the profit undistributed.
The meeting will be held remotely.
At the same time, the DZMI previously announced a meeting on March 17, 2022, but it did not take place. At that time, shareholders were offered to pay dividends in the amount of UAH 0.45 per share (total – UAH 29.904 million), and to direct the rest of the net profit for reinvestment for further technical re-equipment in order to ensure the production of competitive products.
The shareholders also intend to approve a new version of the charter, preliminarily approve major transactions, and approve reports for 2021.
Retained earnings at the end of 2021 amounted to UAH 479.817 million.
The Druzhkovsky hardware plant produces machine-building and railway fasteners.
According to the NDU for the fourth quarter of 2021, an individual Alexey Spiridonov owned 14.9949% of the company’s shares, Elena Mishchenko-Solona (resident of Spain) – 13.0304%, Irina Mishchenko – 24.5167%, Sergey Popkov – 5.8611 %, Anton Malikov – 9.75%, Elena Malikova – 8.25%, Valery and Dmitry Malikov – 9.774% each.
The authorized capital of the enterprise is UAH 3.323 million.
Number of unemployed in Ukraine and job opportunities, Jan 21 – June 22
The Ministry of Infrastructure announced the departure of the first ship with 26,000 tons of Ukrainian corn from the sea trade port “Odessa”.
“The first ship with Ukrainian food left the port of Odessa,” Minister of Infrastructure of Ukraine Oleksandr Kubrakov wrote on his Facebook page.
Earlier, People’s Deputy of Ukraine (European Solidarity faction) Oleksiy Goncharenko in his telegram channel said that the first caravan of 16 dry cargo ships with grain from Ukraine would arrive in Turkey on August 3 this year.
As reported, on July 29, the ambassadors of the G7 countries in Ukraine arrived in Odessa to check the launch of the “grain corridor”.
On July 22, under the auspices of the UN, Ukraine and Turkey signed an agreement in Istanbul on the resumption of the safe export of Ukrainian grain across the Black Sea.
On the morning of July 23, Russian invaders attacked the Odessa Commercial Sea Port with Caliber cruise missiles. The Ukrainian Foreign Ministry said that the Russian Federation, with a missile attack on the port, questioned the agreements it had given to the UN and Turkey in the “grain” agreement. The UN chief unequivocally condemned reports of air strikes on Odessa, citing the commitments made by the parties at the signing ceremony in Istanbul.
The authorities of the capital of Poland have awarded the mayor of Kyiv, Vitali Klitschko, the title of honorary citizen of Warsaw, the Kyiv city state administration reported.
The ceremony took place at a solemn meeting of the Warsaw City Council, which takes place every year on July 31, the day of the Warsaw Uprising, according to the press service on the City Hall website.
The mayor of Kyiv recorded a video message to his Polish colleagues and friends and thanked them for their help and support. He noted that Ukrainians today are defending not only their independence and European choice, but also democracy, stability and security of all of Europe.
In turn, Warsaw Mayor Rafal Trzaskowski stressed that Poland would continue to help Ukraine. And both countries will remain free and independent states. “We are with you and you can always count on us!”, – stressed the mayor of the Polish capital.
The Verkhovna Rada adopted as a basis the European integration bill No. 6480, which implements the provisions of EU Regulation No. 2019/787 in the field of geographical indications of alcoholic beverages and the production of alcoholic beverages according to EU standards into Ukrainian legislation.
The corresponding bill, submitted by the Cabinet of Ministers of Ukraine, was adopted at a parliament meeting on Friday by the votes of 266 people’s deputies (with the minimum required 226), Taras Melnichuk, representative of the Cabinet of Ministers in the Verkhovna Rada, said.
“This bill establishes general rules for the definition, description, presentation and labeling of alcoholic beverages, the rules for using the official names of alcoholic beverages; defines the features of the use and protection of geographical indications of alcoholic beverages; introduces a system for controlling geographical indications of alcoholic beverages,” the deputy wrote in his Telegram channel.
According to the text of the document, Ukrainian alcoholic beverages with geographical indications have significant potential in the European market, however, their sale and legal protection in the EU is possible only after successful state registration in Ukraine, the procedure for which currently does not exist due to the absence of the concept of legal protection of geographical indications of spirits.
To solve this problem, bill No. 6480 legislates the concept of “alcoholic beverage” and establishes a unified classification list of categories of alcoholic beverages and requirements for them; introduces requirements for ethyl alcohol and distillates used for the production of alcoholic beverages; ensures compliance with the rules for the definition, description, presentation and labeling of alcoholic beverages, including alcoholic beverages with geographical indications; ensures compliance with the requirements for the official names of alcoholic beverages.
“The implementation of the law will have a positive impact on the market environment, the state – by ensuring that Ukraine fulfills its obligations under the Association Agreement by bringing national legislation closer to the EU acquis in the field of legal protection of geographical indications; consumers – by ensuring transparency and fair competition in the alcohol market and providing information on alcoholic beverages,” is indicated in the explanatory note to the document.
