The second national conference and exhibition “Bread Industry-2024” starts next week on May 16 in Cherkasy (Perlina Resort hotel complex), with more than 200 business representatives already confirmed their participation.
On the first day of the event, the conference participants will have four panel discussions on the challenges facing the state and agribusiness in 2024, sustainability of value chains, consumer preferences and product range, new types of products, alternative products and raw materials. The first day will culminate with the awarding of the winners of the Tasting Competition.
The second day will feature a seminar on “How to increase exports of Ukrainian value-added products?” supported by the USAID Agriculture Program. After that, three parallel excursions will be organized for the participants: CherkasyElevatorMash LLC, where a specialized session on “New Products Based on Extrusion” will be held and a demonstration and launch of a soybean processing line using Bronto equipment will be held; Cherkasy Khlib LLC – a specialized session on “What is more profitable to invest in today – technology or marketing?” and Bo Khlib LLC – a specialized session on “Is it possible to make money on a bread franchise?”
In addition, an exhibition will be open all days of the conference, which will be attended by: Cherkasy Khlib, Chift Kartal Ukraine, Buhler, CherkasyElevatorMash, Terra LLC, OLIS LLC, Production Enterprise Basis, Interkargotrak, Motorcar, Venta Lab, ASTRA PROJECT, GVP Equipment Solutions, Grantfinance, Farmet (Anatol Private Enterprise), GraMido LLC, etc.
The partners of the conference were: Cherkasy Khlib LLC, CherkasyElevatorMash, Chift Kartal Ukraine, LESAFFRE UKRAINE, OLIS, ASTRA PROJECT, Oxicom, Enzym Group, Ventalab, Interkargotrak, Motorcar.
The conference is supported by: Ministry of Economy, Ministry of Agrarian Policy, Cherkasy Military Administration, USAID Agro Program, Made in Ukraine, Ukrainian Chamber of Commerce and Industry, Ukrainian Business Council, Association of Farmers and Private Landowners of Ukraine.
For more details on the program, speakers, sponsors and conditions of participation, please follow this link.
Don’t hesitate and join the national conference and exhibition “Bread Industry 2024” before the deadline!
Interfax-Ukraine is the official media partner of the forum.
Ukrainian metallurgical enterprises increased production of rolled steel by 30.5% year-on-year to 1.973 million tons from 1.512 million tons in January-April this year, according to preliminary data.
According to Ukrmetallurgprom on Thursday, steel production increased by 32.8% y-o-y to 2.402 million tons from 1.809 million tons in January-April 2023.
Pig iron production increased by 25.1% to 2.186 million tons from 1.747 million tons.
As reported earlier, in January 2014, Ukraine increased production of total rolled products by 75.9% year-on-year to 453 thousand tons from 257 thousand tons, steel by 91.6% to 544 thousand tons from 284 thousand tons, and pig iron by 44.5% to 555 thousand tons from 384 thousand tons.
In 2M2024, rolled products output increased by 52.5% y-o-y to 900 thousand tons from 590 thousand tons, steel output by 52% to 1.076 million tons from 708 thousand tons, and pig iron output by 42.5% to 1.050 million tons from 737 thousand tons.
In 1Q2024, the company increased production of total rolled products by 35.5% to 1.389 million tons, steel by 36.6% to 1.687 million tons, and pig iron by 32.1% to 1.589 million tons.
In 2023, Ukraine increased its production of total rolled products by 0.4% compared to 2022, to 5.372 million tons, but reduced steel production by 0.6% to 6.228 million tons and pig iron by 6.1% to 6.003 million tons.
In 2022, Ukraine reduced production of total rolled products by 72% compared to 2021, to 5.350 million tons, steel by 70.7% to 6.263 million tons, and pig iron by 69.8% to 6.391 million tons.
In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).
Education Ombudsman Serhiy Gorbachev announced the launch of the reference website “Rights in Education”, where every participant of the educational process, as well as community managers, can find the information and explanations they need.
“If you need to quickly find a legislative or regulatory solution to resolve a particular educational issue, skillfully and legally competently protect your rights, or just want to become more aware of the rights of participants in the educational process and the legal framework of education, then our Wiki reference site ‘Rights in Education’ will help you,” the press service of the educational ombudsman said.
The resource has four sections: for students and parents; for teachers; for educational managers; and for a safe educational environment.
President of Ukraine Volodymyr Zelenskyy has appointed former Commander-in-Chief of the Armed Forces of Ukraine Valeriy Zaluzhnyi as Ambassador of Ukraine to the United Kingdom of Great Britain and Northern Ireland.
“To appoint Valeriy Zaluzhnyi as Ambassador Extraordinary and Plenipotentiary of Ukraine to the United Kingdom of Great Britain and Northern Ireland,” reads the text of Decree No. 316/2024 of May 9, published on the President’s website.
As reported, on February 8, Zelensky signed decrees dismissing Valeriy Zaluzhny from the post of Commander-in-Chief of the Armed Forces and appointing Oleksandr Syrsky to this position.
On March 7, it became known that Zelenskyy had approved Zaluzhnyi’s candidacy for the post of Ukraine’s ambassador to the United Kingdom, the Ministry of Foreign Affairs of Ukraine reported. The Foreign Ministry sent the British side a request for an agrimand.
On May 9, Zelensky signed a decree dismissing Zaluzhny from military service.
Initial registrations of new buses (including minibuses) in Ukraine in April 2014 decreased by 25.3%, or 21 units, compared to April last year, to 62 units, according to statistics released by Ukravtoprom. According to the association’s website, the demand for new buses decreased by 20.5%, or 16 vehicles, compared to March 2014.
Ukrainian ZAZ buses manufactured by the Zaporizhzhia Automobile Plant of UkrAVTO Corporation became the leaders of the April market, displacing the traditional leader, Ataman buses manufactured by Cherkasy Bus, to the second position. In April, 17 ZAZ buses were registered, compared to two in April 2023 and one in March this year.
Ataman ended April with 15 buses registered, which is 2.5 times less than a year earlier and 6 units less than in March 2014.
Etalon buses took third place in the ranking, with 10 registrations compared to 9 in April last year and 20 in March this year.
Ford also comes next with 10 buses registered, which is twice as many as in April 2023, but almost half as many as in March this year, and Turkish Otocar (5 vehicles versus one in April 2023).
Mercedes-Benz, Citroen, Ruta, Renault, and Zhongtong registered one new bus each.
Thus, in January-April 2024, the first registrations of buses in Ukraine decreased by 27.2% compared to the same period in 2023 – to 367 units.
As reported, according to Ukravtoprom statistics, in April 2023, registrations of new buses in Ukraine more than doubled compared to April 2022, to 83 units, with Ataman, Volkswagen, Citroen, Etalon and Ford forming the top five.
In 2023, the total initial registrations of new buses of all classes in Ukraine amounted to 1701 units, which is 86% more than a year earlier.
In 2023, the consolidated net income of Nova Poshta LLC amounted to UAH 43.65 billion, which is 53.3% more than in 2022 (UAH 28.46 billion), according to the company’s consolidated financial statements.
“The group’s revenue from services includes revenues from express delivery of UAH 36.7 billion (84% of the group’s total revenue) and revenues from money transfers of UAH 6.5 billion (15% of its total revenue)…”, the auditor Baker Tilly Ukraine notes in the report.
According to the report, the consolidated net profit of Nova Poshta reached UAH 4.28 billion last year, which is 31.1% better than in 2022.
As previously reported with reference to unconsolidated financial statements, in 2023, Nova Poshta LLC increased its net profit by 85.7% to UAH 3 billion 967.2 million, and its revenue increased by 54% to UAH 36.47 billion.
It is specified that the group’s consolidated gross profit increased by 64.9% last year to UAH 12.15 billion, and operating profit by 46.4% to UAH 7.44 billion.
It is also noted that net cash flow from operating activities in 2023 increased to UAH 8.27 billion from UAH 6.07 billion a year earlier, while negative cash flow from investing activities increased to UAH 4.96 billion from UAH 2.58 billion, and from financing activities – to UAH 1.73 billion from UAH 1.67 billion.
At the end of 2023, the Group’s cash and cash equivalents amounted to UAH 6.5 billion compared to UAH 4.94 billion a year earlier, and net debt amounted to UAH 5.65 billion compared to UAH 4.07 billion.
The consolidated report states that in 2023, Nova Poshta established 18 subsidiaries abroad, 15 of which are wholly owned by the group, bringing the total number of foreign companies to 20 at the end of 2023.
For example, in March, UK Novapay LTD was established with a contribution of UAH 13.7 million at the time of establishment, but during the year, additional contributions to the authorized capital amounted to UAH 26.2 million.
In 2023, investments in Nova Post Estonia OU and Nova Post Latvia SIA, established in the same March, amounted to UAH 12 million and UAH 16.0 million, respectively, while investments in Nova Post FR SAS and Nova Post IT S.R.L., established in July, amounted to UAH 21.5 million and UAH 14.3 million, respectively.
The largest investments among foreign companies last year were made in Nova Post Poland SP. Z O O – UAH 393 million.
It is specified that many foreign companies have so far shown a loss last year, in particular, the net loss of Nova Post Poland amounted to UAH 157 million.
At the same time, in January 2024, NovaPay distributed dividends for 2023 in the amount of UAH 180 million, of which UAH 175.2 million was paid.
In the report, the group reminded that in July 2022, in order to expand and increase the efficiency of its logistics business and infrastructure, it made capital contributions to KMS LLC, Podol Expo LLC and Nova Place LLC in the amount of UAH 509.1 million, UAH 504 million and UAH 90.4 million, respectively, receiving 85%, 99% and 99% of the shares. “KMS owns logistics terminals in Kyiv, Podol Expo – in Chernihiv and Khmelnytsky, and is also building terminals in Kyiv region.
It is noted that in February 2023, Nova Poshta decided to increase its investment in Podol-Expo by an additional capital contribution of UAH 498.6 million, and in October it increased its investment by an additional capital contribution of UAH 582.8 million.
In addition, in June 2022, the Group contributed UAH 868 million and UAH 1,291 million to the capital of Novobox LLC and Dnipro Development Group LLC, respectively, receiving 99% and 95% stakes. “Novobox operates a network of post offices across Ukraine, while DDG is building logistics terminals in Odesa and Dnipro. In 2023, investments in them, according to the report, amounted to UAH 258.6 million and UAH 172.8 million, respectively.
Finally, in March 2024, Nova Poshta acquired 100% of Nova Development LLC, the successor to Best Logistics Group, which was engaged in the construction and leasing of logistics complexes and was part of the Globus full-cycle development holding, and by May made an advance payment of UAH 151.4 million.
According to the group’s report, payments to 22 key management personnel in 2023 amounted to UAH 533.5 million, which is 2.4 times more than in 2022, when there were 21 representatives.