Business news from Ukraine

Business news from Ukraine

This year’s sowing season in Ukraine is ahead of previous one – Ministry

As of March 28, Ukraine sowed 476.7 thousand hectares with spring grains and pulses, up 8.3% year-on-year, the press service of the Ministry of Agrarian Policy and Food reported on Friday.

According to the report, the rate of sowing peas is 51.1% higher than last year as of the same date and amounts to 81.8 thousand hectares, barley – 35.6% higher and reached 291.5 thousand hectares, wheat is 27.8% higher – 68.3 thousand hectares, oats – 17.6% higher – 28.7 thousand hectares.

Agrarians of Odesa region are leading the way in spring sowing campaign. They have already sown 7 thou hectares of wheat, 41.5 thou hectares of barley, 28.4 thou hectares of peas and 1.5 thou hectares of oats.

In Mykolaiv region, 2.2 thou hectares of wheat, 33.4 thou hectares of barley, 17.6 thou hectares of peas and 0.5 thou hectares of oats were sown; in Khmelnytsky region – 7.2 thou hectares of wheat, 23.7 thou hectares of barley, 0.8 thou hectares of peas and 0.5 thou hectares of oats; in Poltava region – 6.4 thou hectares of wheat, 56.2 thou hectares of barley, 0.8 thou hectares of peas and 0.5 thou hectares of oats. hectares of wheat, 56.2 thousand hectares of barley, 0.8 thousand hectares of peas and 0.3 thousand hectares of oats; in Poltava – 6.4 thousand hectares of wheat, 56.2 thousand hectares of barley, 4.7 thousand hectares of peas and 2.3 thousand hectares of oats; in Ternopil – 14.4 thousand hectares of wheat, 56.2 thousand hectares of barley, 0.8 thousand hectares of peas and 0.3 thousand hectares of oats. hectares of wheat, 56.2 thou hectares of barley, 3.1 thou hectares of peas and 2.3 thou hectares of oats; in Vinnytsia region – 5.9 thou hectares of wheat, 27.1 thou hectares of barley and 2.3 thou hectares of peas.

Last week, Ukrainian farmers sowed grains and legumes on 262.2 thou hectares. Poltava region is in the lead, with 44.2 thou hectares planted.

Poltava region is also the leader in sugar beet sowing, with 10.2 thou hectares already planted. Sowing of this crop has also started in Vinnytsia, Volyn and Rivne regions.

Agrarians in Kyiv region have started sowing sunflower, and those in Vinnytsia region – soybeans.

The Ministry of Agrarian Policy reported in the State Agrarian Register that 70% of respondents plan to increase soybean acreage by 21% on average compared to 2023, based on the results of a survey conducted by the State Agrarian Register on farmers’ preparations for the spring crops sowing campaign for the 2024 harvest.

The survey also showed that during the spring sowing campaign, Ukrainian farmers will prioritize pulses, which will increase by 11%, and spring barley – by 7%. The area under spring rapeseed is expected to increase by 24%, sugar beet by 17%, and corn by 9%. The area under sunflower may potentially decrease.

In general, in 2024, the area under spring crops may decrease by 0.5 million hectares or 3.7% compared to last season, according to the Ministry of Agrarian Policy.

Druzhkovka Hardware Plant reduced its profit by 29%

In 2023, Druzhkovka Hardware Plant (Donetsk Oblast) reduced its net profit by 28.9% year-on-year to UAH 24.049 million from UAH 33.832 million.

As reported in the company’s official information for the agenda of the annual shareholders’ meeting scheduled for April 29, the plant’s retained earnings at the end of last year amounted to UAH 404.126 million.

The shareholders intend to summarize the results of the year 2023, approve the reports and set plans for 2024.

It is also planned to leave the profit earned in 2023 without distribution, and not to accrue or pay dividends.

The shareholders will decide on the preliminary consent to enter into significant transactions that may be made by the company within no more than one year from the date of such decision, indicating the nature of the transactions and their maximum aggregate value.

Druzhkovka Hardware Plant produces machine-building and railway fasteners.

According to the third quarter of 2023, the company’s shares were owned by an individual Alexey Spiridonov, who held 14.9949%, 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 company is UAH 3.323 million, the nominal value of 1 share is UAH 0.05.

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State Customs Service informs about global failure of tracking systems

The State Customs Service informs about possible problems with the movement of goods under the joint transit procedure due to a global system failure at the DG TAXUD level

The State Customs Service has received information from DG TAXUD regarding a global outage of the central applications of the systems, including NCTS, starting from 16:30 hrs. March 28, 2024.

As a result of the failure, notifications to transit and destination customs offices on declarations issued after the specified time may not have been delivered to other countries participating in the Convention on the Common Transit Procedure.

As of the morning of March 29, problems with the exchange of messages with other countries under the NCTS are still observed. The approximate timeframe for the full resumption of messaging with other countries is currently unknown.

In view of the above, companies, in the absence of information on the movement of goods under the joint transit procedure at the transit customs office, for declarations issued after 16:30 hrs. On March 28, 2024, it is recommended to consider opening new declarations at the checkpoint of the neighboring party with the corresponding initiation of the cancellation of the Ukrainian T1.

NEWS ON THE WEBSITE OF THE STATE CUSTOMS SERVICE: https://customs.gov.ua/news/ncts-26/post/informuiemo-pro-mozhlivi-problemi-pri-peremishchenni-tovariv-pid-protseduroiu-spilnogo-tranzitu-cherez-globalnii-zbii-roboti-sistem-na-rivni-dg-taxud-1542#scrollTop=0

Ukraine sends second batch of humanitarian cargo to Sudan

Ukraine has sent the second batch of humanitarian cargo within the framework of Ukrainian President Volodymyr Zelenskyy’s initiative Grain frоm Ukraine to Sudan with the help of the World Food Organization, the press service of the Ministry of Agrarian Policy and Food has reported.

According to the report, the MV Future ID vessel with 14.6 thousand tons of flour made of Ukrainian wheat has already arrived in Sudan. It will be distributed in the form of food packages for 2 million people in Sudan affected by the war.

“Now in Sudan, almost 18 million people are facing acute food shortages. Of these, about five million are estimated by the UN to be in an emergency level of hunger (IPC4). The harvest of the main cereal crops (sorghum, millet and wheat) is 41% below the 5-year average. Therefore, food aid under the Grain frоm Ukraine initiative is extremely important to save lives and prevent an even worse situation,” the Ministry of Agrarian Policy emphasized.

As reported, the first batch of humanitarian cargo was delivered to the port of Khartoum (Sudan) on February 22, 2024. The vessel MV Ocean Dream delivered 7665 tons of flour made of Ukrainian wheat.

The donors of the shipment of two consignments were Germany, which provided $15 million, as well as Belgium, Canada, the Czech Republic, Hungary, Ireland, the Netherlands, the Republic of Korea, Slovenia and Spain, which allocated $23.8 million for the shipment of the second consignment of flour.

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UNESCO strengthens support and monitoring of situation in Ukraine

The Ministry of Culture and Information Policy states that UNESCO is stepping up its support and will actively monitor the situation in Ukraine.

“Recently, at UNESCO headquarters in Paris, during its 219th session, UNESCO has decided on actions and an emergency assistance program for Ukraine. From now on, the Director-General of UNESCO will actively monitor the situation in Ukraine within its internationally recognized borders in order to ensure UNESCO’s direct participation in the restoration of Ukraine within the framework of the Organization’s mandate,” the Ministry’s press service said.

It is noted that the decision provides for the Director-General of UNESCO to actively monitor the situation after the Russian Federation blew up the Kakhovka hydroelectric dam, and the monitoring should result in the preparation of an action plan to overcome the negative environmental consequences of this ecocide.

In addition, at the session, the Director of Strategic Planning of the UNESCO Secretariat presented a report by the Director-General of UNESCO on the measures taken to implement the UNESCO Program of Action and Emergency Assistance to Ukraine.

According to the document, UNESCO has mobilized over $66 million to help Ukraine.

“The delegations reaffirmed their readiness to continue financial support for UNESCO’s programs for Ukraine in certain areas, in particular for the protection of cultural heritage sites in Odesa, Kyiv, Lviv and other cities, and called on UNESCO to continue to mobilize resources to restore the Organization’s mandate in Ukraine. The statement of the Group of Friends of Ukraine at UNESCO in support of Ukraine with a strong condemnation of Russian aggression was announced by the UK delegation on behalf of 44 states,” the statement reads.

Telecom operators increased number of generators by 43%, batteries by 34% – NKEC

In 2023, Ukraine significantly increased the number of backup power sources required to ensure autonomous operation of electronic communication equipment for at least three days in the absence of external power supply.

This is stated in the report of the National Commission for the State Regulation of Electronic Communications, Radio Frequency Spectrum and Postal Services (NCCS), released on Thursday.

In 2023, the availability of generators for Kyivstar, VF Ukraine, Lifecell, Ukrtelecom, Datagroup increased by 43% compared to 2022, to 6,049 thousand units. The availability of batteries increased by 34% to 385.55 thousand units, the report says.

The number of addresses/points provided with autonomous power supply (generators) at the expense of third parties, where the relevant network equipment is located, based on the results of telecom operators’ work with local governments and enterprises, institutions, organizations, business centers, shopping and entertainment centers, increased to 2 thousand, which is 1.25 thousand more than at the beginning of 2023.

In addition, network operators, with the assistance of socially active private sector participants, have created networks of public Wi-Fi zones in many cities of Ukraine, allowing citizens to have open access to the Internet.

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