Business news from Ukraine

Business news from Ukraine

A FILM ABOUT A UKRAINIAN BOXING CHAMPION SUPPORTED BY FERREXPO WINS A FESTIVAL IN CANNES

The Cannes Corporate Media & TV Awards 2021 summed up last year’s results and chose the winners among 900 corporate and documentary films submitted to the festival.

One of the winners was the film “Anna”, directed by Maxim Chuzha. The short film tells the story of the sports career of a multiple-time champion of Ukraine, Europe, and the 2018 World Boxing Championship vice-champion, Anna Okhota, supported by Ferrexpo as part of its corporate social responsibility program in support of sports and local communities.

The five-minute video won the sports films category, winning the festival’s commemorative silver dolphin award. About 50 films from the post-soviet countries apply for this award every year, but over the past 12 years, only four films of Ukrainian production have been selected at this festival in Cannes. It is noteworthy that this year the jury did not determine a clear winner in this category and have not awarded a single golden dolphin. Instead, the victory was shared between the Ukrainian film “Anna” and the French “Roland Garros – Building the legend”.

Anna is an athlete from the small town of Horishni Plavni, Poltava region, who shares her story of victories and failures, training secrets, diet, talks about how she feels in and out of the ring, as well as her dream. This city became famous for its athletes after the Tokyo 2020 Olympic Games when everyone found out about Liudmyla Luzan, who won silver and bronze medals for the Ukrainian rowing team. “Our city can boast of champions of Ukraine, Europe, and the world, as well as Olympic champions thanks to the support of Ferrexpo,” Anna Okhota’s coach, Oleksandr Serednitskiy, said.

According to the athlete, her strongest rival is herself. “By defeating myself, I can defeat everyone else,” Anna added.

“Supporting the development of sports is an important part of Ferrexpo’s corporate social responsibility programs. We fund hundreds of athletes in the region where the company operates, allowing them to train in the best possible conditions. And we are happy when, thanks to our support, many of them become prize-winners and champions of the most prestigious Ukrainian, European and world competitions,” Yuriy Khimich, head of CSR Department at Ferrexpo, said.

Reference:

Since 2010, the Cannes Corporate Media & TV Awards Festival has set world standards for corporate films. The festival jury, consisting of Oscar and Emmy winners and corporate communications specialists, is a guarantee of the winners’ quality. Winners from all five continents and Grand Prix winners from Australia, Brazil, France, the Netherlands, and Switzerland make the festival genuinely international.

https://www.cannescorporate.com/en/

Anna Okhota is a multiple-time champion of Ukraine, Europe, and the 2018 World Boxing Championship vice-champion.

Ferrexpo is a Swiss iron ore company with assets in Ukraine. The company’s main activity is producing and exporting high-quality iron ore pellets used in steel production. Ferrexpo is the largest manufacturer and exporter of pellets among the countries of the former USSR. Current production assets are Poltava and Yeristovo Mining. Ferrexpo PLC owns 100% of the shares of Ferrexpo AG, which, in turn, owns 100% of the shares of Poltava Mining and 100% of the shares of Yeristovo Mining. In 2020, the company produced 11.2 million tons of iron ore pellets. The primary consumers of products are steel companies from Austria, Germany, Japan, South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey, Vietnam, and the United States. Ferrexpo shares are listed on the main market of the London Stock Exchange under the ticker FXPO. For more information, visit www.ferrexpo.com

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STATE FOOD SERVICE PROVIDES CHINESE PARTNERS WITH LISTS OF APPLICANTS FOR EXPORT OF EDIBLE OIL

The State Service of Ukraine on Food Safety and Consumer Protection has submitted to the Chinese side the lists of Ukrainian producers of vegetable oil exporting it to China for approval, this measure is due to the requirement introduced in the PRC to register foreign food producers.The changes in the procedure for the export of food products that occurred in the national legislation of the PRC in October this year were reported on the website of the State Food Service.The agency clarified that, together with the Ukroliyaprom association, it collected and submitted information about Ukrainian exporters of vegetable oil for consideration by the Chinese side.The service clarified that China will complete the registration procedure and form a list of vegetable oil exporters by the end of 2021.The agency stressed that it is working on opening the Chinese market for poultry, eggs and egg products, wheat, rapeseeds, sorghum, peas and beans, cherries, wheat flour, soybean meal, apples, blueberries, etc.As reported, in January-July 2021, China imported Ukrainian agricultural products for $2.4 billion, India – for $947 million, the Netherlands – for $908 million, Spain – for $538 million. In total, the export of Ukrainian agricultural products for the seven months of 2021 increased by 6.7% compared to January-July 2020 – to $12.5 billion, imports – by 19.4%, to $4.19 billion.

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NIBULON’S FLOATING CRANE HANDLES 5 MLN TONNES OF AGRICULTURAL PRODUCTS IN TWO YEARS

The self-propelled floating crane Nibulon Max of agricultural holding JV Nibulon LLC (Mykolaiv) has transshipped more than 5 million tonnes of products at Mykoaliv seaport and loaded more than 160 vessels in two years since its launch in October 2019, according to the website of the group of companies.According to it, 41% of all shipments were wheat, 38% – corn, 16% – barley, and 5% – rapeseed. Agricultural products were exported to more than 30 countries of the world.Nibulon specified that it reached its maximum transshipment volumes in August 2021 – 700,900 tonnes of agricultural products. The best quarterly indicator for the shipment of products was also recorded in the first quarter of the 2021/2022 marketing year (MY, July-June) – 1.83 million tonnes, 62% out of which were shipped due to transshipments in the outer roads.According to Nibulon’s data, the Nibulon Max floating crane, with a nominal daily loading capacity of 18,000 tonnes, loads Panamax-class vessels in three days. The presence of two cargo holds with a capacity of 13,400 cubic meters allows continuous operation even in the absence of a non-self-propelled fleet, since it is able to carry out loading and unloading operations in its own holds. Also, it can store cargoes when foreign-going vessels are not available, thereby releasing fleet to transport cargoes.”Nibulon Max has considerably increased the company’s capacity to transport cargoes by river and to ship in the outer roads. According to the company’s specialists, the shipments by floating cranes can be soon increased by 26%, thereby enabling the company to efficiently use its own capacities in the outer roads. The shipment capacity now comprises 6 million tonnes [annually],” the company said.Nibulon was established in 1991. It has 27 transshipment terminals and reception complexes, storage capacity of 2.25 million tonnes and a fleet of 82 units (including 23 tugs), as well as the Mykolaiv shipyard.Nibulon cultivates 82,000 hectares of land in 12 regions of Ukraine and exports agricultural products to more than 70 countries.During the navigation period of 2020, the fleet of the Nibulon company transported a record 4.14 million tonnes of cargo, exceeding the figure of 2019 (3.8 million tonnes) by 8.9%.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 22/11/21

National bank of Ukraine’s official rates as of 22/11/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF NOVEMBER 22

Official rates of banking metals from national bank as of November 22

One troy ounce=31.10 grams

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VOLUMES OF CARGO TRANSPORTATION IN JAN- SEPT 2021, MLN TONS

Volumes of cargo transportation in Jan- Sept 2021, mln tons

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