Business news from Ukraine

Business news from Ukraine

CLAAS ESTABLISHES REGULAR DELIVERIES OF SPARE PARTS FOR AGRICULTURAL MACHINERY TO UKRAINE

In order to prevent the disruption of the sowing campaign in Ukraine due to breakdowns of agricultural equipment, the German manufacturer of agricultural machinery Claas has established an automobile channel for the constant supply of spare parts to the country, the company said on its Facebook page on Tuesday.
The company made such a decision on the logistics of spare parts, since air transportation of components to Ukraine is now impossible due to the closed sky due to the war unleashed by Russia.
“Claas, despite the absence of air traffic in Ukraine during this period, has established systemic express deliveries of the necessary spare parts for agricultural machinery. Now a shuttle is running from the central warehouse of Claas spare parts in Hamm (Germany) to Ukraine, bringing urgent orders,” he wrote. manufacturer.
The machine-building company emphasized that due to the military invasion of the aggressor country of the Russian Federation in Ukraine, all logistics processes were disrupted, which led to the impossibility of meeting the agreed terms for the supply of spare parts, but the company is doing everything possible to support its customers in Ukraine.
As reported, in mid-March, Claas said it was shocked by the escalation of Russian military aggression in Ukraine, as a result of which it stopped production in the Russian Federation and evacuated all its Ukrainian employees to a safe place.
Claas manufactures self-propelled grain harvesters, self-propelled forage harvesters, tractors, trailers for harvesting green fodder, telescopic loaders, balers, self-loading trailers. The main production facilities are located in Germany and France.
According to its Russian branch, Claas in Russia owns a harvester plant in Krasnodar, which has been operating since 2003.
Its branch LLC “Claas Ukraine” (Kyiv) has been operating in Ukraine since 1992. During this time, he imported over 8 thousand units of self-propelled equipment. In Ukraine, the company operates through a network of representative offices located in all regions of the country.

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TURKISH PRESIDENT AGAIN PROPOSES PUTIN TO ORGANIZE TALKS WITH ZELENSKY IN ISTANBUL

Turkish President Recep Tayyip Erdogan, in a telephone conversation with Russian President Vladimir Putin, repeated his proposal to upgrade the talks in Istanbul to the level of leaders, the Turkish presidential administration said.
“President Erdogan reiterated his proposal to elevate the Istanbul process, an important stage for negotiations between Russia and Ukraine, to the level of leaders,” the Turkish presidential administration said on Twitter on Tuesday.
Emphasizing the importance of ensuring the ceasefire, the effective operation of humanitarian corridors and the safe conduct of the evacuation, Erdogan said that Turkey will continue to make every effort to end the current state of affairs, which is detrimental to everyone, and establish a lasting peace.
“President Erdogan noted that the continuation of the positive momentum achieved in the Istanbul talks to pave the way for peace will benefit everyone,” the message says.

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BEER PRODUCTION IN UKRAINE DECREASES BY 50% IN Q1

Production of beer in Ukraine in January-March 2022 decreased by 49.9% compared to the same period in 2021, to 17.1 million decalitres.
According to the Ukrpyvo branch organization of breweries, at the same time, malt production in the first quarter decreased by 40.8% – to 32,800 tonnes.
The organization’s website does not contain data on beer production for February 2022. At the same time, it is indicated that in January of this year, 9.4 million decalitres were produced, 55% of production volumes for the first quarter of 2022.
As reported, in 2021 Ukraine produced 5% less beer compared to 2020 – 170.5 million decalitres, and in 2020 its production decreased by 0.4% compared to 2019 – to 179.7 million decalitres.
Malt production in 2021 amounted to 218,500 tonnes, which is 19.5% less than in 2020. At the same time, the year before last, its production decreased by 18% compared to 2019, to 275,000 tonnes.

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FLOW OF PEOPLE LEAVING UKRAINE AFTER CELEBRATION OF EASTER INCREASES AGAIN

The flow of people leaving Ukraine after the celebration of the Eastern rite of Easter on April 25 by Christians rose to more than 23,000 compared to 16,000 the day before, the State Border Service reported on Tuesday.
As the agency pointed out on Facebook, the entry flow did not grow so significantly – up to almost 19 thousand from 17 thousand the day before, including Ukrainians – to more than 16 thousand from 15 thousand, and three days later the exit flow became smaller again.
The State Border Service specified that over the past day, the number of registered vehicles with humanitarian cargo increased to 220 from 120 the day before.
According to data from the Polish Border Service on Twitter, on April 25, 11.4 thousand entered Ukraine from the country against 11.8 thousand the day before.
In the opposite direction, the flow amounted to 13.7 thousand, which is 39% more than on April 24 (9.8 thousand), and in the first 7 hours of Sunday it increased by almost 2.5 times – up to 4.5 thousand.
In total, since the beginning of the war, the Polish border agency points out, 2.96 million people have entered the country from Ukraine, and 870 thousand people have entered the country in the opposite direction.
According to UNHCR data, as of 13:00 on April 24, a total of 5.23 million people left Ukraine since the beginning of the war (excluding the entry flow), of which 2.91 million went to Poland, 843.74 thousand to Romania and Moldova. , Russia – 605.82 thousand, Hungary – 492.98 thousand, Slovakia – 355.59 thousand, Belarus – 24.48 thousand.
At the same time, according to the State Border Service, 1.17 million people have entered Ukraine by this date since February 28.

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COCA-COLA WILL PROVIDE AROUND $15 MLN IN AID TO UKRAINE

American-based Coca-Cola Co., the world’s largest soft drink producer, along with the Coca-Cola Foundation and its global bottling partners, will provide around $15 million in aid to Ukraine, which has been militarily invaded by Russia’s aggressor nation.
Efforts to provide humanitarian assistance in the region will include donations of funds and products manufactured by the corporation, according to the company’s report for the first quarter of 2022.
“This funding will support further relief efforts by the Red Cross and other organizations operating in Ukraine and neighboring countries, helping millions of displaced people,” Coca-Cola said in a report.
In addition, the corporation provides urgent financial assistance to all its employees in Ukraine.
According to the report, on March 8, 2022, Coca-Cola announced the suspension of its activities in the Russian Federation in response to its armed aggression in Ukraine. This measure will tentatively reduce the corporation’s net revenue and operating profit for the year by 1-2%, and also reduce earnings per share by about $0.04/share.
The company’s net profit in January-March decreased by 23.5% compared to the same period last year, to $2.25 billion.
Coca-Cola’s quarterly revenue increased by 5%, to $9.02 billion from $8.6 billion a year earlier.
Sales of carbonated drinks increased by 4%, driven mainly by China, India and Latin America. Sales of juices, milk drinks and plant-based drinks increased by 3%. Sales of water, sports drinks, coffee and tea fell by 11%.
As reported, Coca-Cola on March 8 announced the suspension of business in Russia in connection with Russian aggression against Ukraine, while in Russia it owns 10 factories for the production of soft drinks and juices.
On February 24, the corporation announced a temporary shutdown of the plant in Kyiv and the evacuation of employees.

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