Business news from Ukraine

Odesa-based Bloomi has increased production by almost 40%

Blumi LLC (Odesa), a manufacturer of sanitary and hygienic paper products under the Snow Panda brand, produced products worth UAH 149.6 million in January-April, up 38.5% compared to the same period in 2023. According to statistics provided by Ukrpapir Association to Interfax-Ukraine, in physical terms, in particular, the production of toilet paper increased by 31.5% to 18.3 million rolls.

As reported, in just four months, the major manufacturers of sanitary paper products produced 210.6 million rolls of paper, up 10% year-on-year.

Bloomi, which was registered in 2014, produces pulp-based sanitary products (toilet paper, napkins, towels) from imported raw paper. The products are manufactured at the facilities of Omega Brokers PE, one of the leading Ukrainian manufacturers of detergents, disinfectants and sanitary products.

In 2023, the company almost doubled its production volume by 2022 to UAH 367.3 million.

The company is co-owned equally (25% each) by four Odesa-based entrepreneurs.

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President of Kyivstar: Mobile numbers with “77” code will go on sale in June

Mobile numbers with the destination network code “77”, which have been authorized by Kyivstar, the largest mobile operator, will go on sale in late June or July, the company’s president Oleksandr Komarov said.

“I think they will definitely appear in late June or July,” he said in an exclusive interview with Interfax-Ukraine.

According to him, when applying for a new destination network, the company was far from the critical phase in the NCCC. “Kyivstar operates five network codes: “67”, “68”, “96”, “97” і “98”.

“I remember the figure well when we migrated to the new billing system – we were transferring up to 40 million numbers (as of December 2023, Kyivstar served about 24 million mobile subscribers – IF-U). Why is this figure so high? It is because we have not disconnected the numbers that have gone silent for some time,” Komarov said.

The Kyivstar president also spoke about the all-Ukrainian initiative not to disconnect people who stayed in the occupied territories. It is planned to be implemented at the level of a regulatory decision.

“The National Commission is currently discussing a draft decision with us, the electronic communications market operators. Most likely, this decision will set a certain timeframe, for example, 3-4 years. “Kyivstar has been following this rule since the beginning of the full-scale invasion on its own initiative,” Komarov said.

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Government of Ukraine made several personnel decisions at meeting on Friday

At a meeting on Friday, the Government of Ukraine made several personnel decisions, including the dismissal of three deputy ministers of community development, territories and infrastructure.

According to the government’s Telegram channel, on May 17, the Cabinet of Ministers of Ukraine approved a resolution to dismiss Oleksandra Azarkhina as Deputy Minister of Community Development, Territories and Infrastructure of Ukraine, Yuriy Vaskov as Deputy Minister of the same ministry, and Anna Yurchenko as Deputy Minister of Community Development, Territories and Infrastructure for European Integration.

Earlier it was reported that the Verkhovna Rada dismissed Deputy Prime Minister for Reconstruction, Minister of Community Development, Territories and Infrastructure Oleksandr Kubrakov. The draft resolution from the members of the ruling Servant of the People faction was supported by 272 deputies. The decision was made without hearing the Deputy Prime Minister. Later, the initiators of the deputy prime minister’s dismissal explained this decision in the Rada by restoring the Ministry of Regional Development.

Ukrainian mining companies increased iron ore exports by 2.1 times

In January-April this year, Ukrainian mining companies increased exports of iron ore in physical terms by 2.1 times compared to the same period last year, to 11 million 28,545 thousand tons.

According to statistics released by the State Customs Service (SCS) on Friday, foreign exchange earnings from iron ore exports increased 4.1 times to $2 billion 409.852 million over the period under review.

At the same time, 9 million 4.370 thousand tons of iron ore worth $863.315 million were exported in 3 months of 2014.

Iron ore was exported mainly to China (43.03% of supplies in monetary terms), Slovakia (16.29%) and Poland (13.67%).

In January-April 2024, Ukraine imported iron ore worth $72 thousand in a total volume of 252 tons, while in January-April 2023, it imported $41 thousand in a total volume of 67 tons. Imports were carried out from the Netherlands (29.17%), Italy (25%) and Norway (18.06%).

As reported, in 2023, Ukraine decreased the export of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). Iron ore was exported mainly to Slovakia (28.39% of supplies in monetary terms), the Czech Republic (19.74%) and Poland (19.56%).

Last year, Ukraine imported iron ore worth $135 thousand in the total amount of 250 tons. During this period, imports were made from Norway (34.81%), Italy (28.89%) and the Netherlands (28.89%). While in 2022, iron ore was imported for $65 thousand in a total volume of 101 tons.

In 2022, Ukraine decreased exports of iron ore in physical terms by 45.9% compared to 2021 – to 23 million 984.623 thousand tons, while foreign exchange earnings decreased by 57.8% to $2 billion 912.974 million. Iron ore was exported mainly to Slovakia (19.23% of supplies in monetary terms), the Czech Republic (17.32%) and Poland (16.49%).

In 2022, Ukraine imported iron ore worth $65 thousand in a total volume of 101 tons, while in 2021 – $184 thousand in a volume of 1,202 thousand tons. Imports were carried out from Norway (36.92%), the Netherlands (27.69%) and the UK (16.92%).

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Ukraine almost doubles exports of semi-finished steel products

In January-April this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 96.9% year-on-year to 583,229 thousand tons.

According to statistics released by the State Customs Service (SCS) on Friday, exports of carbon steel semi-finished products increased by 82.2% to $288.324 million in monetary terms.

The main exports were made to Bulgaria (37.50% of supplies in monetary terms), Poland (15.84%) and Italy (7.74%).

In January-April 2024, Ukraine imported 5 tons of semi-finished products from Egypt for $5 thousand, while in January-April 2023, it imported 72 tons of semi-finished products from China for $133 thousand.

As reported, in 2023, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).

In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) for $172 thousand.

In 2022, Ukraine decreased exports of carbon steel semi-finished products by 72% year-on-year to 1 million 899.729 thousand tons in physical terms and by 70.9% in monetary terms to $1 billion 191.279 million. The main exports were made to Bulgaria (26.55% of supplies in monetary terms), Poland (13.97%) and Italy (12.13%).

In 2022, Ukraine imported 5,558 thousand tons of similar products, which is 85.7% less than in 2021. In monetary terms, imports decreased by 86% to $3.634 million. Imports were made from the Russian Federation (96.92% of supplies before the war), China (1.84%), and Romania (1.21%).

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Number of vacancies as of 31.03.2024 (thousand units) according to the data of the state employment center

Number of vacancies as of 31.03.2024 (thousand units) according to the data of the state employment center

Source: Open4Business.com.ua and experts.news