Business news from Ukraine

Business news from Ukraine

NUMBER OF PEOPLE LEAVING UKRAINE FOR EU AND MOLDOVA INCREASED BY 20% ON APR 8

On April 8, 41,000 people crossed the state border from Ukraine to the EU and Moldova, compared to 34,000 the day before, about two-thirds came to Poland, which is in line with the average values, the State Border Service said in a Facebook post on Friday.
According to the data of the Polish border service on Twitter, on April 8, 27.5 thousand people entered the country from Ukraine, which is 17% more than the day before, but over the first 7 hours of Saturday, the flow decreased by 4.4% to 6.5 thousand 16.6 thousand people left Poland for Ukraine on Friday.
According to the State Border Service, the flow of people entering Ukraine on April 8 increased slightly – from 25 thousand to 26 thousand, including citizens of Ukraine – from 22 thousand to 23 thousand.
All checkpoints on the western border (except “Dzvinkove” – from 8:00 to 20:00 and “Kosino” – from 8:00 to 24:00) operate around the clock.
The State Border Service also reported that over the past day the number of registered vehicles with humanitarian cargo increased to 660 from 550 the day before.
According to UNHCR data, at 13:00 on April 8, a total of 4.36 million people left Ukraine since the beginning of the war, of which 2.56 million went to Poland, 745.07 thousand to Romania and Moldova, and 431.89 to Hungary. thousand, Russia – 389.85 thousand, Slovakia – 310.99 thousand, Belarus – 19.1 thousand.

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EU RESUMES DIPLOMATIC PRESENCE IN KYIV

The diplomatic mission of the European Council in Ukraine is returning from Polish Rzeszow to Kyiv, the press service of the European External Action Service in Brussels (EEAS) reported.
“The European Union is resuming its diplomatic presence in Kyiv. After the Russian invasion on February 24, the European Union Delegation was temporarily relocated to the Polish city of Rzeszow. Today, during his visit to Kyiv, EU High Representative Josep Borrell announced that the work of the EU Delegation to Ukraine will now again be carried out from Kyiv “, – said in a message on the official website of the EU on Friday evening.
“With this visit, the European Union is returning back to Kyiv. I mean it literally: our head of our delegation has returned here so that we can work even more directly and closely with the Ukrainian authorities,” the EEAS press service quoted Borrell as saying.
EU Delegation Head Matti Maasikas accompanied High Representative Borrell and European Commission President Ursula von der Leyen on their joint visit to Kyiv on Friday. They stayed in the capital to reopen the premises of the representative office and assess the conditions for the gradual return of all employees of the representative office to Kyiv.
“During our stay in Kyiv, we saw firsthand the ability of the Ukrainian administration to ensure the effective and full functioning of state and government structures, despite very difficult circumstances. The return of our delegation to Kyiv will ensure even better interaction with the government and greater support from the Ukrainian people,” he added. Supreme Representative.
Some members of the Delegation will remain in Rzeszow and work from there.
As previously reported, this week the Lithuanian Foreign Ministry announced the return of the ambassador to Kyiv. The diplomats were also returned by the Latvian Foreign Ministry. At the end of March, Slovenia’s charge d’affaires arrived in the capital of Ukraine.
Since the beginning of the war unleashed by Russia, the Polish ambassador to Ukraine has always remained in Kyiv, who clarified to the media that in addition to him, the Turkish ambassador and the apostolic nuncio to Ukraine also worked in the Ukrainian capital.

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INTERNATIONAL ATOMIC ENERGY AGENCY PREPARES NUCLEAR SECURITY MISSIONS TO UKRAINE

The International Atomic Energy Agency (IAEA) is preparing comprehensive assistance packages and is completing logistical preparations for several of its nuclear safety and safeguards missions in Ukraine to deploy in the coming weeks, agency director general Rafael Mariano Grossi said.
“We are ready to transport spare parts and components to Ukraine and provide expertise and advice both on site and beyond. In the coming weeks, we will move our relief activities to a much faster speed,” said Grossi, quoted in IAEA daily statement on Ukraine on the website on Friday.
According to the report, the IAEA’s priority is to send safety and safeguards personnel to the Chernobyl nuclear power plant as soon as possible.
It notes that the staff will conduct a radiological assessment, deliver safety-related equipment, and restore an online radiation monitoring system that stopped working during the occupation of the site by Russian troops in the five weeks prior to their March 31 withdrawal.
In order to implement plans to send the mission, the director general is consulting and closely coordinating with Ukraine on both the issue of IAEA assistance to its nuclear facilities and the issue of the schedule of expert missions, which are expected to begin later this month, the report said.
“To do this, we will also rely on the continued support of our partners,” Grossi said.
At the same time, the IAEA will concentrate on itself all issues of international technical assistance to Ukraine, and is now in close contact with many countries that have expressed interest in supporting its efforts to ensure the security of Ukrainian nuclear facilities.
The report notes that the G7 group of nonproliferation directors, which includes Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, in a statement released on Thursday, welcomed the efforts of the IAEA director general to ensure nuclear security in Ukraine.

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EU INTRODUCES QUOTAS FOR IMPORT OF FERTILIZERS FROM RUSSIA

The European Union, as part of the next package of sanctions, has limited the import of fertilizers from Russia.
The restrictions do not apply to deliveries before July 10 under contracts concluded before April 9 this year, according to the Official Journal of the EU.
From July 10, the European Union introduces quotas on the import of a number of Russian fertilizers for a period of one year. The quota for the import of potassium chloride (code 3104 20) will be 837.57 thousand tons, complex and other fertilizers containing potassium (codes 3105 20, 3105 60 and 3105 90) – 1 million 577.807 thousand tons.
The size of quotas can be adjusted by the European Commission.
There are no restrictions on the import of other types of fertilizers.
Earlier on Friday, the European Commission announced that as part of a new package of sanctions against Russia, it would take “measures to counteract the supply of potassium chloride from Belarus” bypassing the sanctions.

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FOREIGN DIRECT INVESTMENTS IN THE ECONOMY OF UKRAINE IN THE III QUARTER OF 2021 (OPERATIONS, $ MILLION)

Foreign direct investments in the economy of Ukraine in the III quarter of 2021 (operations, $ million)

NBU

MILK PRODUCTION IN UKRAINE IN 2022 WILL BE REDUCED BY 13-16%

Milk production in 2022 due to the military invasion of the Russian Federation will be reduced by 13.3-15.9%, to 7.33-7.56 million tons from 8.73 million in 2021, the depth of the crisis in the industry will be determined by further development hostilities in the country and their geography, the profile association “Union of Dairy Enterprises of Ukraine” (SMPU) reported.
“It is unlikely that with the current development of the military situation, the decline in the production of raw milk will exceed 17%. Such a decrease will not lead to a critical reduction in the supply of dairy products on the domestic market, since the share of consumption reduction due to the migration factor is 18-20%,” – indicated in the forecast on the website of the organization on Friday.
She recalled that since the beginning of the Russian invasion, more than 4 million citizens of Ukraine have left the country, and about 10 million have moved to safer regions. This significantly reduced the demand for dairy products in the country, especially given the almost complete halt in its exports. Thus, due to the departure of some citizens, the average per capita consumption in Ukraine in 2022 will increase by 8% – from 212 kg in 2021 to 229 kg this year.
“For the dairy industry, the first days were also a shock: several international companies closed their milk processing plants, the established logistics schemes for the delivery of raw milk were violated, agricultural enterprises had nowhere to deliver raw milk. Farmers changed routes on the go, milk was delivered where the situation permitted, many raw materials were simply given away for free,” the SMPU clarifies.
At the same time, the enterprises that continued to work changed the range of their products to the most in demand in the conditions of martial law: butter, cheese, milk powder, long-term storage milk. In addition, such enterprises massively donated their products to feed the Ukrainian army, humanitarian supplies and other charitable purposes.
The SMPU clarified that the assessment of the prospects for milk production in Ukraine is becoming more difficult not only because of the uncertainty of the capabilities of farms and processing plants in the territories of active hostilities with Russian occupiers. Important factors that negatively affect milk production are problems with logistics (sales, delivery of feed, veterinary drugs, etc.) and a reduction in the number of cows directly in the combat zone.
“It should be noted that in the regions that are under temporary occupation (Kherson, Mykolaiv regions, the southern part of Zaporozhye) – the volume of milk production was not significant before, which was taken into account in the forecast calculations made by the SMPU,” the organization clarified in the message.
As SMPU previously reported, after the recession of the economy caused by the Russian invasion, 60-65% of milk processing enterprises have already resumed work, which, even in the conditions of hostilities, are able to provide the domestic market, taking into account the migration of part of the population abroad.