The Retail Association of Ukraine (RAU) has launched a project to create a database of Ukrainian manufacturers, designed to unite retail chains and product owners, the association’s press service reported.
According to a press release, the implementation of the project will help trading companies quickly find the right manufacturers and suppliers in Ukraine, and manufacturers will increase their ability to supply products to national networks and regional players.
The project is also designed to support the Ukrainian manufacturer to ensure its stable sales of products and, as a result, the preservation of production, jobs and filling the local and state budgets.
To join the project, a manufacturer or supplier must fill out a form, where, in particular, indicate the list of products, the possibility of organizing delivery, etc.
Quotes of interbank currency market of Ukraine (UAH for 1 RUB, in 01.03.2022-31.02.2022)
Micro and small-sized enterprises in nine regions of Ukraine affected by Russian military aggression can apply for micro-grants in the amount of UAH 125,000 (EUR 4,000) through the Diia government portal, according to the Telegram channel of the Ministry of Digital Transformation of Ukraine.
“Due to the Russian invasion of Ukraine, hundreds of Ukrainian enterprises were forced to stop their work or reduce their activities at times. Therefore, to financially help small business owners who have suffered from Russia’s armed aggression, we are launching grants on the Diia portal,” the ministry said.
According to the report, enterprises that:
– registered no later than December 31, 2021 in Chernihiv, Sumy, Kharkiv, Kherson, Mykolaiv, Zaporizhia, Donetsk, Luhansk and Kyiv regions;
– temporarily moved out of these areas;
– suffered as a result of hostilities, but continue to work and can confirm this.
Priority in the selection is given to companies that produce vital goods for Ukrainians and the Armed Forces of Ukraine. The selection of applications will be handled by a commission of independent business experts.
It is also reported that the grants became available thanks to funding from the European Union and the German government under the technical support program EU4Business: SME Competitiveness and Internationalization, which is implemented in Ukraine by the German federal company Deutsche Gesellschaft für Internationale Zusammenarbeit, (GIZ) GmbH.
The initiators of the program are the Ministry of Digital Transformation, the Ministry of Economy, the Entrepreneurship Promotion Office and Diia Business. The implementing partner of the program is the East Europe Foundation.
Ukraine and Moldova will renew the Free Trade Agreement, Ukrainian Prime Minister Denys Shmyhal has said.
“Despite the war we are implementing agreements of 2021. The draft law on the application of Pan-Euro-Mediterranean rules of origin was submitted to Parliament,” Shmyhal said in Twitter on Friday.
In turn, representative of the Cabinet of Ministers in the Verkhovna Rada Taras Melnychuk said the draft law approved on Friday “On the ratification of the Protocol between the Cabinet of Ministers of Ukraine and the Government of the Republic of Moldova on Free Trade Agreement between the Cabinet of Ministers of Ukraine and the Government of the Republic of Moldova dated November 13 2003” will allow in bilateral trade between Ukraine and Moldova, when determining the origin of goods, to be guided by the provisions of the Regional Convention on pan-Euro-Mediterranean preferential rules of origin or alternative rules of origin of the said Regional Convention.
“Metinvest”, the largest Ukrainian mining and metallurgical holding, in January-March of this year, reduced steel production by 8% compared to the same period last year, and by 25% compared to the previous quarter – to 1.962 million tons, n pig iron – by 15% and 31%, to 1.828 million tons, the total production of coke – by 33% and 28%, respectively, to 783 thousand tons.
According to a press release from parent company Metinvest B.V. on operating results for the first quarter of 2022, in January-March of this year, the group reduced the total production of iron ore concentrate (IOR) by 3% compared to the same period last year and by 10% quarter-on-quarter to 2.786 million tons, pellets by 35% and increased by 34%, respectively – up to 1.281 million tons, the total production of coking coal concentrate – increased by 29% and reduced by 14%, respectively, to 1.276 million tons.
As reported, according to the results of 2021, Metinvest increased steel production by 15% compared to 2020 – up to 9.533 million tons, pig iron – also by 15%, up to 9.709 million tons, but reduced the total production of coke by 5% – to 4.551 million tons. In 2021, Metinvest increased the total production of iron ore concentrate (IRO) by 3% compared to the previous year – up to 31.341 million tons, pellets by 18% – up to 5.811 million tons and the total production of coking coal concentrate – by 92%, up to 5.542 million tons.
Metinvest is a vertically integrated mining group of companies that manages assets in every link of the production chain from iron ore and coal mining and coke production to the production of semi-finished products and finished products from steel, pipes and coils, as well as the production of other high value-added products. The group consists of mining and metallurgical enterprises located in Ukraine, Europe and the USA, has a sales network covering all key global markets.
Metinvest’s main shareholders are the SCM group (71.24%) and Smart Holding (23.76%), which jointly manage the company.
Metinvest Holding LLC is the management company of the Metinvest group.
JSC Kyiv Electric Car Repair Plant, part of the structure of Ukrzaliznytsia, in January-March 2022 received a net loss of UAH 10.96 million against a net profit of UAH 2.61 million for the same period in 2021.
According to the interim financial report of the enterprise, published in the information disclosure system of the National Securities and Stock Market Commission, its net income in the first quarter decreased by 40.7% – to UAH 77.37 million.
The plant received a gross loss of UAH 3.37 million (against a profit of UAH 6.74 million a year earlier), almost UAH 10 million of loss was received from operating activities.
According to the plant, in the first quarter of this year, it sold five repaired electrical sections for UAH 75.63 million (in January-March 2021 – nine sections for UAH 118.5 million), two wheel sets and three electric machines (a year earlier – one pair and 108 electric machines).
Kyiv Electric Car Repair Plant was founded in 1868 as a workshop for the repair of steam locomotives and wagons. It specializes in the overhaul of electric trains for the railways of Ukraine, the repair of components and assemblies, electric machines, electric motors and wheelsets, the manufacture of spare parts.
