Business news from Ukraine

Business news from Ukraine

SATELLITE INTERNET FROM STARLINK WILL APPEAR IN UKRAINIAN TRAINS

JSC Ukrzaliznytsia (UZ) has already tested a pilot project for installing Starlink satellite Internet on trains, Yuriy Shchigol, head of the State Special Communications Service, said in an interview with Liga.tech.
“When we contacted Starlink technical specialists after testing and showed how it works, even they were surprised that we were able to use Starlink in this way. According to its technical characteristics, it should not work at such speeds. But it works and provides services,” he said.
According to him, Internet from Starlink will be launched on Ukrzaliznytsia trains by the end of this year.
Shchigol noted that 12 thousand Starlink terminals are currently operating in Ukraine, which is about 20% of their total number in Europe.

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EXPERTS DISCUSSED THE BENEFITS AND HARMS OF TABLE SALT FOR HEALTH – VIDEO

Table (edible) salt is one of the most important products for the body, and the so-called salt-free diet can often lead to negative health consequences, says Doctor of Biology Svyatoslav Morozov. “Sodium ions are necessary to maintain the ionic balance in the cell, the bloodstream. Sodium chloride is also needed for the normal functioning of the nervous system, digestion, muscle contraction and many other processes in the body,” he said in a new video posted on the Expert Club YouTube channel.

At the same time, according to the expert, it is necessary to observe the daily intake of salt, since an excessive amount of this ingredient in food can provoke the development of diseases of the cardiovascular system.

“It is advisable to consume up to 4-5 grams of table salt per day. Excess salt does not lead to terrible consequences, but it creates a burden on the body. This is due to the fact that a significant amount of salt in food leads to a feeling of thirst, as a result of which blood vessels and the heart are already stressed due to excess fluid, which leads to an increase in blood pressure, ” the scientist explained.

The founder of the Club of Experts, Maksim Urakin, in turn, emphasized that, while observing the daily norms of salt intake, it is necessary to take into account not only the pure salting of food, but also the content of sodium chloride in the product itself.

“Today, salt is found in almost all food products. That is, we are talking about the amount of salt directly in all products that a person consumes per day,” the expert noted.

Watch the full video on the Expert Club channel at the link:

You can subscribe to the channel using the link:

https://www.youtube.com/c/Клубэкспертов

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UKRAINIAN MINISTRY OF FINANCE EXPECTS NEXT MAJOR GRANT FROM US IN JULY

The Ministry of Finance of Ukraine, which received the first grant from the United States on June 29 as part of a $7.5 billion state budget financing package, expects the next tranche to arrive in July.
“The support of our partners accelerates Ukraine’s victory. We have just received the first grant from the United States – $1.3 billion. We expect the next grant from the United States in July,” Finance Minister Sergei Marchenko wrote on Thursday night.
He clarified that the funds were received through the mechanism of the World Bank’s Multi-Donor Trust Fund as part of additional financing for the project “Public Expenditure Support to Ensure Sustainable Public Administration in Ukraine.”
Marchenko thanked the teams of the World Bank, the government, the Ministry of Finance and the Ukrainian Embassy in the United States for their well-coordinated work and the opportunity to receive these funds as quickly as possible.
In May, the US Congress passed a bill on the allocation of assistance to Ukraine in the amount of $40 billion, including $7.5 billion to finance the state budget.

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UKRAINE STARTED EXPORTING ELECTRICITY TO ROMANIA

From June 30, Ukraine began exporting electricity to Romania at a capacity of 100 MW, Prime Minister of Ukraine Denys Shmygal announced.
“Today, from 1 a.m., such exports went towards Romania. The initial volume is 100 MW,” he wrote on his telegram channel on Thursday.
He noted that in the first day alone, the state-owned company Ukrenergo earned UAH 10 million by selling access to the interstate section for export, and potentially Ukraine could earn more than UAH 70 billion a year from this.
“The potential for the export of Ukrainian electricity to Europe is up to 2.5 GW. Under this scenario, the state will be able to receive more than UAH 70 billion a year,” Shmyhal said.
The prime minister stressed that the energy visa-free regime with the EU, which began in March this year, gives its very visible and practical result, and the energy sector will become one of the drivers for the recovery of the Ukrainian economy, as it has already become a driver for integration into the EU.
According to the data on the ENTSO-E website, physical exports from Ukraine to Romania are made on June 30 with a flat schedule of 100 MWh.
As reported, Ukrenergo earned more than UAH 10 million at the first auction for the sale of a section to Romania on June 30, and almost UAH 14 million at the second auction, on July 1. The section was divided respectively by 5 and 6 companies. A total of 8 and 10 companies participated in the auction, respectively.
Ukrainian and European energy systems have been operating synchronously since March 16. On June 27, Europe opened electricity exports from Ukraine, which was supposed to start on June 30.

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SHORTAGE OF SALT IN UKRAINE WAS TEMPORARY, UKRAINIAN PRODUCT HAS ALREADY BEEN REPLACED BY IMPORTED ONE – CLUB OF EXPERTS

The excitement that was observed around the shortage of table salt in early June has generally declined, today the market does not experience an acute shortage of this product, according to the Expert Club analytical center. In a new video, released on the YouTube channel of the same name, the ball analyzes the current situation with the availability of various types of salt, as well as its benefits and harms in terms of a healthy diet.

According to the candidate of biological sciences Svyatoslav Morozov, in Ukraine today there are several explored deposits of rock salt, in particular in the Kalush region of the Ivano-Frankivsk region, as well as Solotvino in the Transcarpathian region, which will replace the production facilities temporarily stopped due to the war in the Bakhmut region.

The founder of the Club of Experts, Candidate of Economic Sciences Maksim Urakin emphasized that today salt is produced in the world by more than 110 countries, among which China, India and the USA are the leaders. “Ukraine occupied a worthy place in the world salt market. In particular, Artyomsol provided exports to more than 50 countries of the world,” the expert noted.

According to him, the main importers of Ukrainian salt were Poland, Hungary, Moldova and a number of other countries.

Recall that in April 2022, the Artemsol enterprise, located in Soledar, Donetsk region, stopped its work due to hostilities in order to ensure the safety of employees.

For more details, see the video on the Expert Club channel:

You can subscribe to the channel using the link:

https://www.youtube.com/c/Клубэкспертов

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FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-APR 2022 (EXPORT)

Foreign trade turnover by the most important positions in Jan-Apr 2022 (export)

SSC of Ukraine

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