In January-June of this year, the enterprises of the association “Ukrtruboprom” reduced the production of pipes by 24.4% compared to the same period last year – to 235.2 thousand tons.
According to the updated data of the association, in January, “Ukrtruboprom” enterprises increased the output of pipes by 2.2 times compared to the same period last year – to 61.3 thousand tons, in February – by 16.2%, to 49 thousand tons. tons, but production has been declining since March.
So, in March, the output of pipes was 3.5 thousand tons (5.9% to March-2021), in April – 18.5 thousand tons (32.1% to March-2021), in May – 51.4 thousand tons (86.5%), in June – 51.6 thousand tons (76.6%).
In general, in the first half of the year, all plants demonstrated negative dynamics. “Interpipe Nico Tube” and “Trubostal” reduced the production of seamless pipes by 14% and 44.4%, respectively, “Sentravis” – stainless pipes by 25%, “Interpipe NMTZ” – electric welding pipes by 37.6%.
General Director of “Ukrtruboprom” Giorgiy Polskyi noted that at the beginning of the year, pipe factories increased production against the background of favorable conditions in foreign markets, which is mainly due to the post-Kovid recovery of the world economy and high hydrocarbon prices. However, the full-scale invasion of Russian troops on the territory of Ukraine led to the sharpest decline in production: in March, almost the entire industry came to a standstill.
“In April, Ukrainian pipe manufacturers began to cautiously start up production facilities, and in May-June enterprises reached 50% capacity utilization from the pre-war period. However, individual plants are severely underutilized, as new supply chains and logistics schemes are still in the process of restructuring and formation, for example, “Interpipe NMTZ” used to receive raw materials (strips) from “Azovstal”, but now it is impossible due to the occupation of Mariupol,” said Polsky, quoted by the press service.
According to him, now logistics is the main factor why pipe factories cannot reach pre-war production volumes. The outage of many suppliers in the east and south of Ukraine has been a big loss for pipe workers from the point of view of traditional supply chains. In addition, many traditional logistics schemes have been disrupted: Ukrainian seaports on the Black Sea have been blocked, there is a serious shortage of gasoline and diesel fuel in the country, and the transport infrastructure has been destroyed by enemy missile strikes.
“This forces enterprises to look for new, more expensive routes for transporting products for export through western border crossings and European seaports. In addition, the constant increase in energy prices, primarily natural gas and electricity, lead to an additional increase in the cost of pipe products and reduce their competitiveness on foreign markets”, – summed up the general director.
As reported, in 2021, Ukraine increased the output of pipes by 15.1% compared to the previous year – to 980.7 thousand tons, in particular, the enterprises of “Ukrtruboprom” increased their production by 32.6% – to 710.5 thousand tons.
German Vice-Chancellor, Minister for Economy and Climate Protection Robert Habeck called the situation with gas supplies in the country “serious” and called for a reduction in its consumption by 15-20%.
On the air of the ARD TV channel, referring to Gazprom’s announcement of a further reduction in fuel supplies from July 27, he said that “we must be prepared for this,” and “this is a serious situation.”
Habek noted that Germany will continue to receive gas from the Netherlands and Norway, “we will be able to continue to fill the storage, but how quickly and in what volumes,” it will be clear later. He added that “we will not have gas in abundance.”
The minister called for a 15-20% reduction in gas consumption to avoid that “certain production chains simply cease to exist in Germany or Europe.”
The official promised that in the event of a shortage of gas, industrial sectors would be the first to suffer, while measures would be taken to provide residential buildings and infrastructure such as hospitals.
In an interview with DPA, Habek said he sees no “technical reasons” for Gazprom’s cuts in supplies.
As previously reported by Gazprom, gas pumping through Nord Stream will be reduced to one-fifth of its capacity from Wednesday.
On August 10, the Deposit Guarantee Fund for Individuals (DGF) will hold an online auction in the Prozorro.Sale system for the sale of debt to Prominvestbank, which is subject to liquidation, under a loan agreement with the Terra-Food dairy processing company.
The starting price of assets is set at UAH 329.3 million and corresponds to the total debt of the financial institution under the loan agreement, according to the DGF website.
“Provided under the agreement – industrial real estate (property complexes for milk processing) with a total area of 52.2 thousand square meters with land plots with a total area of more than 9.5 hectares, equipment and vehicles in the Kyiv, Poltava, Vinnitsa and Nikolaev regions. Also residential real estate with land plots with a total area of about 1.4 thousand square meters and 0.4 hectares, respectively, in the Vasilkovsky district of the Kyiv region,” the Fund said in a statement.
In addition, the pledge under the agreement includes Terra-Food goods in circulation and shares in the charter capital of four companies.
Bidding will take place according to the Dutch model of the auction to reduce the price. Both legal entities and individuals can participate in the auction, except for borrowers and guarantors for loans, citizens of the Russian Federation or persons associated with the aggressor state.
As reported, the National Bank of Ukraine on February 25 revoked a banking license and liquidated banks under the control of the Russian Federation: JSC International Reserve Bank (formerly JSC Sberbank) and Joint Stock Commercial Industrial Investment Bank (PJSC Prominvestbank), which is 99.77% owned by PJSC Sberbank of Russia and the State Development Corporation VEB.RF.
GC “Terra Food” develops business in three sectors – dairy, meat and agriculture. It is one of the five largest producers of dairy products in the country.
The production capacity of 10 milk processing enterprises of the holding is 31 thousand tons of cheese, 78 thousand tons of butter and vegetable butter, as well as 61 thousand tons of whole milk products per year.
More than 100 types of meat products of the group are produced at the Tulchinsk Meat Processing Plant with a capacity of more than 6 thousand tons of products per year.
National bank of Ukraine’s official rates as of 26/07/22
Source: National Bank of Ukraine
Insurance companies Uniqa and Uniqa Life (both from Kyiv), which are part of the non-banking financial group Uniqa Ukraine, paid UAH 74.7 million in insurance claims in June this year, according to the website of IC Uniqa.
At the same time, it is noted that under auto insurance contracts, the total amount of insurance payments amounted to UAH 39.4 million, of which UAH 30.8 million for CASCO and UAH 6 million for OSAGO and DGO.
The total amount of payments under voluntary medical insurance contracts amounted to UAH 25.2 million. The amount of life insurance payments is UAH 8.2 million.
The largest payment in June was UAH 821.6 thousand. under a CASCO insurance contract.
Medical assistance “Uniqa” for the reporting period processed more than 61.144 thousand appeals, technical assistance – more than 10.583 thousand, the report says.
UNIQA Group (Austria) entered the Ukrainian market in 2006. Its companies in Ukraine – “Uniqa” and “Uniqa Life” with headquarters in Kyiv, offer most types of risk and life insurance through a nationwide network.
The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) introduces new tariffs for Green Card policies for those traveling abroad from July 26, 2022, according to the Bureau’s website.
According to a message on the bureau’s website, MTIBU has recalculated the cost of Green Card insurance certificates, which are being introduced upward by 26.3%.
The last change in tariffs was on July 18, 2022, downward by 4.4%.
Green Card policies have been implemented since 2009 in two types: all of Europe, Moldova. Also, from January 1, 2016, Ukrainian Green Card policies began to operate on the territory of Azerbaijan.
According to the MTIBU, the cost of a “Green Card” in Ukraine for 15 days for trips around Europe for cars rises to UAH 913 (previously – UAH 723), for buses – up to UAH 3,429 thousand (UAH 2,715 thousand), for trucks – up to UAH 2.153 thousand (UAH 1.705 thousand).
The cost of the “Green Card” for one month for cars is now UAH 1.453 thousand (previously UAH 1.150 thousand), buses – UAH 4.763 thousand (UAH 3.772 thousand), trucks – UAH 2.858 thousand (UAH 2.263 thousand) .
The cost of semi-annual and annual Green Card policies for cars is UAH 6,451 thousand and UAH 7,986 thousand, respectively, for buses – UAH 16,673 thousand and UAH 30,964 thousand, for trucks – UAH 13,529 thousand and UAH 25,534 thousand respectively.
The cost of policies for trips to Azerbaijan and Moldova for cars for 15 days will be UAH 665, for one month – UAH 978, for six months – UAH 2.242 thousand, for the year – UAH 3.193 thousand.
The amounts of unified insurance payments under international compulsory civil liability insurance contracts for owners of land vehicles are established by the Cabinet of Ministers on January 6, 2005 and are defined in euros.
“Green Card” – a system of insurance protection for victims of a traffic accident, regardless of their country of residence and the country of registration of the vehicle. The “Green Card” covers the territory of 47 countries of Europe, Asia and Africa.
According to the decision adopted by the General Assembly of the Council of Bureaux of the International Auto Insurance System “Green Card” in Luxembourg in May 2004, Ukraine has been a full member of this system since January 1, 2005.
