Business news from Ukraine

Business news from Ukraine

GERMANY IS FACING SHORTAGE OF MUSTARD

From the second half of 2022, Germany is facing a shortage of mustard due to a lack of mustard seeds for its production, the shortage is caused by Russian aggression in Ukraine, since these two countries provide a total of 80% of German imports of this agricultural raw material.
This opinion was expressed by Markus Weck, CEO of the German food industry association Kulinaria Germany, for the German edition Die Welt.
“There is already a shortage of raw materials for mustard. And in the coming weeks and months, the shortage will increase – up to complete supply disruptions. The shocks caused by the coronavirus pandemic are practically nothing compared to what is happening in the markets right now,” the publication quotes the Kulinaria CEO.
According to him, 80% of mustard seeds come to Germany from Ukraine and Russia, and its shortage is already forcing German mustard producers to reduce its production and raise prices for their products. Weck clarified that the prospects for the German mustard market remain uncertain until the end of the Russian invasion of Ukraine.
“Sowing should take place in the next two weeks. However, this is unlikely in Ukraine, given the current situation. But this means that an important supplier of raw materials for mustard producers is lost in the summer. And whether Russia will then export goods is also unknown,” the expert explained.
The Kulinaria CEO stressed that German mustard producers will have enough stocks of raw materials for a period of several weeks to several months.
Mustard consumption in Germany is one of the highest in the world and is used to prepare a large number of German traditional dishes.

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TODAY ISRAEL TO OPEN FIELD HOSPITAL IN UKRAINE

On Tuesday, Israel will open a field hospital in the city of Mostyska, Lviv region, Israeli Ambassador to Ukraine Michael Brodsky said.

“Israel will become the first country to open a field hospital in Ukraine. The official opening ceremony will take place today in the city of Mostyka, Lviv region,” Brodsky said on Twitter on Tuesday.

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BRAZIL LAUNCHES INTEGRATION PROGRAM FOR UKRAINIAN SCIENTISTS

Brazil is opening a program for the integration of Ukrainian scientists, the Ministry of Education and Science reports.

“The government of the State of Paraná, with the support of the Araucaria Foundation and the General Directorate of Science, Technology and Higher Education (SETI) of Brazil, announced the admission and integration of Ukrainian scientists who were forced to leave the country due to the full-scale military invasion of Russia,” the press service of the Ministry of Education said.

It is noted that the main goal of the program is to provide an opportunity for scientists from Ukrainian universities to continue their research at the universities of the state of Paraná for up to two years.

It is expected that the program will involve 50 scientists with a scientific title of doctor of projects. These instructors will have the opportunity to teach and develop their skills at the universities of the state of Paraná.

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18 CANADIAN COMPANIES TO FUND SETTLEMENT AND SUPPORT OF 1,000 FAMILIES OF REFUGEES FROM UKRAINE

Some 18 Canadian companies and organizations, including the National Bank of Canada, Bombardier, Broccolini, KPMG and others, have teamed up to resettle 1,000 families of Ukrainian refugees in the near future, according to a press release from the music and media company Stingray (Montreal, Canada).
“As we watched the conflict unfold and witnessed the forced displacement of millions of Ukrainians, we could not stand by without doing our part. We are impressed by the quick response, active participation of businesses, and interest of all levels of government in making this initiative a reality. Together, we hope to welcome up to 1,000 Ukrainian families, starting in the coming weeks,” President, Co-Founder and CEO of Stingray Eric Boyko said.
“These companies have agreed to welcome up to 80 families each, ensuring that they are well looked after throughout the process. While responding to labor needs, these companies are offering newcomers work, access to lodging, and means of subsistence while preserving these families’ dignity throughout this challenging ordeal,” the report says.

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ISRAELI PRIME MINISTER BENNETT PLANS TRIP TO UKRAINE

Israeli Prime Minister Naftali Bennett has accepted an invitation from Ukrainian President Volodymyr Zelensky to visit the country on the condition that Kyiv makes significant progress in ceasefire talks with Russia, Israel’s Ynet news reported

According to the publication, Bennett has already asked the country’s security service to begin preparations for his possible visit to Kyiv.

“In order to advance the negotiations, it is clear that in-person meetings are necessary. And they may happen down the road if negotiations reach a tipping point,” a source involved in the talks with the Ukrainians told Ynet.

“However, some security officials have expressed their misgivings about the risks entailed in the prime minister going into an active war zone, especially after a Russian bombing of the city killed at least eight people on Monday,” the report says.

“According to sources familiar with the matter, Zelensky and Ukrainian government officials have been pursuing a Bennett visit to Kyiv for the past ten days as they believe the visit would help expedite ceasefire talks with Moscow,” according to the edition.

Earlier this month, the Israeli prime minister visited Moscow to meet with Russian President Vladimir Putin in the Kremlin.

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SUPREME COURT OF ISRAEL MAKES INTERIM DECISION ON PETITION RELATED TO ADMISSION OF UKRAINIAN CITIZENS TO ISRAEL

The Supreme Court of Israel (High Court) made an interim decision in favor of Ukraine, the Ukrainian Embassy in Israel told Interfax-Ukraine on Monday. “The Embassy of Ukraine welcomed the interim decision of the Supreme High Court on a petition related to the admission of Ukrainian citizens to Israel,” the embassy said.

Earlier, Varsh Tomar’s law office in Israel filed a petition with the High Court against the decision of Israeli Interior Minister Ayelet Shaked to limit the number of Ukrainian refugees in Israel to 5,000. The Embassy of Ukraine said support for the petition.

The plaintiffs demanded the Israeli authorities adhere to interstate agreements on visa-free entry to Israel for citizens of Ukraine. The High Court of Justice at a meeting on March 21, given that the “scheme” for accepting Ukrainian refugees, proposed by the Minister of Internal Affairs Ayelet Shaked, expires on March 27, and the Committee on Internal Affairs must discuss this issue on March 23, took the following decision: the defendants must submit an application for decision within 24 hours after it is made, but no later than March 28.

The embassy said in the statement the court recognized the existence of legal decisions regarding the consideration of the issue of entry of Ukrainian citizens to Israel. The statement also said that “Interior Minister Shaked and the Knesset Home Affairs Committee will ‘rethink’ the current entry policy and allow the entry of Ukrainian citizens ‘without any preconditions.”