Business news from Ukraine

Business news from Ukraine

Chief sanitary doctor: coronavirus wave may leave Ukraine by start of winter holidays

By the beginning of the winter holidays season, the wave of COVID-19 may leave Ukraine, chief sanitary doctor of Ukraine Ihor Kuzin predicts.“By the New Year, the wave should already leave the territory of Ukraine. According to the forecasts that we use, the peak rates of morbidity and hospitalization are in mid-November. We have now almost crossed the peak of rates,” he said in an exclusive interview with Interfax-Ukraine.He said that the Ministry of Health, together with winter resorts, is developing a strategy for working during the winter holidays.“We have already started talking with winter resorts about the regime – how to ensure compliance with the requirements of anti-epidemic legislation. The joint position is that it is difficult to ensure control over vaccination certificates or PCR tests on chairlifts, so resorts offer some verification at the point of entry, for example, at the entrance to a hotel or at a sports equipment rental shop,” he said.Kuzin emphasized that the point is to ensure that winter resorts are safe, and there are no organizational or logistical obstacles for vaccinated people.

,

One of the largest brewing companies in Ukraine Obolon sees net profit fall by 87%

Obolon Corporation (Kyiv), one of the largest brewing companies in Ukraine, in January-September 2021 reduced its net profit by 87% compared to the nine months of 2020 – to UAH 48.64 million.According to the corporation’s report in the information disclosure system of the National Securities and Stock Market Commission, its revenue for the specified period increased by 6.3% – to UAH 4.68 billion, assets did not change significantly and amounted to UAH 5.88 billion, and retained earnings halved – to UAH 167.84 million.According to the report, on July 22, 2020 Obolon sold 100% of the corporate rights of Rokytne Glass Factory (Rokytne village, Rivne region) in favor of Water Word LLC (Lutsk) and a resident individual, the transaction amounted to UAH 53.22 million.According to the unified state register of legal entities and individual entrepreneurs, the ultimate beneficiary of Obolon is Ukrainian businessman and ex-MP Oleksandr Slobodian.Obolon Corporation produces beer, soft and low alcohol drinks, mineral water, snacks, and is the country’s largest exporter of beer.It includes the main plant in Kyiv and nine enterprises in the regions of the country.

,

FERREXPO RAISES PELLETS PRODUCTION IN TEN MONTHS

British-based Ferrexpo plc, which controls in Ukraine, in particular, Poltava and Yeristovo mining and processing plants (GOK), in January-October this year, according to recent data, increased production of pellets by 0.1% compared to the same period last year – up to 9.19 million tonnes.A representative of the company informed Interfax-Ukraine in October production of pellets amounted to 1.035 million tonnes.At the same time, the company produced 12.18 million tonnes of iron ore concentrate, which is 5.9% higher than in the same period last year, in October it produced 1.24 million tonnes.According to the company’s presentation, in November the daily production of pellets will increase in comparison with October and September to almost 35,000 tonnes per day, which will allow to increase the overall production of pellets in the fourth quarter.In 2022, the company predicts an increase in pellet production above the level of 2021, in particular pellet production through direct reduction with a 67% iron content will be in the range of 0.5-1 million tonnes.Ferrexpo is an iron ore company with assets in Ukraine.Ferrexpo owns 100% of the shares of Poltava GOK, 100% of Yeristovo GOK and 99.9% of Belanovo GOK.

,

UKRAINE STARTS REPAIR OF AIRPORTS IN POLTAVA, ZHYTOMYR AND CHERNIVTSI IN 2022

The start of repair work at three regional airports in Ukraine and the completion of work at the airports of Dnipro and Kryvy Rih is scheduled for 2022.”In 2022 we plan the start of work at Poltava airport, since the design and estimate documentation will be approved by the state examination by the end of this year, a tender will be announced and we hope that construction work will begin next year,” advisor to the Big Construction presidential program Oleh Varyvoda said during the forum “Great Construction: Aviation. Tourism” in Kyiv.According to him, plans for 2022 include the beginning of reconstruction at the airports of Zhytomyr and Chernivtsi. In addition, in 2022, it is planned to complete work at the airports of Dnipro and Kryvy Rih.

,

HEALTH MINISTRY SAYS UKRAINE HAS 608 DEATHS FROM COVID DURING LAST 24 HOURS

Ukraine has registered 15,936 new cases of COVID-19 and 608 related deaths in the past 24 hours, the Ukrainian Health Ministry said on Friday.”Over the past day, November 25, Ukraine has recorded 15,936 new cases of COVID-19, including 1,394 children and 303 medical workers, while 273,875 people have been vaccinated for COVID-19, among them 81,516 who received their first shot and 192,359 who have completed vaccination. In the past 24 hours, 3,208 persons have been hospitalized, 608 have died, and 24,569 have recovered,” the Health Ministry said on Telegram.Since the beginning of the pandemic, Ukraine has seen a total of 3,400,340 coronavirus infections, including 84,149 deaths.

,

FUTURE OF FARMING DIALOGUE: TRANSFORMATION OF AGRICULTURE THROUGH DIGITAL TECHNOLOGY

Изображение выглядит как текст

Автоматически созданное описание

Virtual reality: to what extent does technology affect the success of a grower?

Date December 2, 2021 (Thursday)

Time 14:00

Link

Technology has changed dramatically over the last twenty years. Thanks to its rapid development, we explore, interact, buy and live differently. Agriculture is no exception. Growers can no longer work without satellites, drones and artificial intelligence. Technologies that help to collect data are becoming very important. However, perception of modern agriculture can be quite different – from a small farmer in a cab of old tractor to highly mechanized operations full of tractors and thousands of hectares. Sometimes it may seem that only high-tech farms use digital technology. But this is not quite true. Similar to how everyone on the planet uses smartphones, growers protect their crops with digital technology. But can digitalization really transform agriculture?  Can a farmer grow more using less?

This is what we will discuss on December 2 during the panel discussion “Transformation of Agriculture through Digital Technology”:

  • Is it possible to increase trust, transparency, reduce risks and be efficient in the relationship with a client, by providing new technologies, new opportunities, and a scientific basis?
  • How do optimal based pricing models and digital tools help to create sustainable food system?
  • How do investments in the development of new crop protection products, innovative genetics and digital tools help farmers to get better yields and to protect environment?
  • What is the role of data in decision-making?

These and other important topics our participants will be discussing during the panel discussion:

  • Olga Trofimtseva, President of Agricultural Platform
  • Sergiy Sychevskyi, Business Development Manager, Bayer
  • Dmytro Zaitsev, Head of Precision Agriculture Department, Continental Farmers Group
  • Mykola Chornonos, Head of Precision Agriculture Department and Telemetry in Ukraine, Moldova, Scandinavia and the Baltics, CNH Ukraine.
  • Kirill Druzhynin, Head of Innovations, Agrain

Moderator: Oleg Nivievskyi, Assistant Professor/Center for Food and Land Use Research at Kyiv School of Economics

Partner: Bayer.

, ,