Business news from Ukraine

Business news from Ukraine

UKRAINE SEES MEAT AND EGG PRODUCTION FALL

Milk production in Ukraine in January-August 2020 (excluding the temporarily occupied territory of Crimea, Sevastopol, the JFO zone) decreased by 0.2% compared to the same period in 2019, to 6.46 million tonnes.
According to the State Statistics Service, 2.15 million tonnes of meat (in live weight) were produced in the first eight months of this year, which is 0.2% less than in January-August of the previous year.
Egg production in January-August 2020 decreased by 0.9%, to 11.54 billion eggs.

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MEDIEVAL COMBAT FEASIVAL «THE CALL OF HEROES»

On September, 19 and 20 in the «Kyivan Rus Park» the Medieval Combat Festival «The Call of Heroes» known worldwide will take place!
The best fighters of Ukraine will enter the Big tilting-yard and will lead full contact fights in knightly armor and with real medieval weapons!
Competitions will be held according to the rules of medieval combat, in the format of single fights “shield-sword” and group battles “5 х 5. The co-organizer of the competition is the Ukrainian Federation of Medieval Combat.
Sportsmen will put on heavy metal armors and show their prowess fighting with real medieval weapons made according to historical patterns. Those will not be staged battles, but real medieval battles!
Between the fights – an entertaining program, introducing the history and traditions of Kyivan Rus, horse shows, flash mobs and master-classes, contests and lotteries. And in the evening real delight and admiration will be provided by the bright shots of the fireballs from the Trebuchet.
The event will be carried out in accordance with the quarantine measures.
Ancient Kyiv opens at 10:00, the program will begin at 14:00.
The ticket price: a full adult ticket – 250 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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VODAFONE PROVIDES 4G NETWORK COVERAGE TO 80% OF UKRAINIANS

The Vodafone Ukraine mobile operator expanded its 4G network in 18 Ukrainian regions in August 2020.
According to company’s press service, in particular, the operator has launched 4G coverage in 660 settlements of Vinnytsia, Volyn, Dnipropetrovsk, Donetsk, Zhytomyr, Zakarpattia, Ivano-Frankivsk, Kyiv, Kirovohrad, Lviv, Odesa, Poltava, Rivne, Ternopil, Kherson, Khmelnytsky, Cherkasy and Chernivtsi regions over the past month.
To date, according to the data given, Vodafone Ukraine provides 4G coverage to 80% of Ukrainians.

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WEIDMANN MALYN PAPER FACTORY CUTS PRODUCTION BY 12%

Weidmann Malyn paper factory (MPF, Zhytomyr region), the only producer of electrical insulating board for power engineering machines in Ukraine, reduced production by 12.6% in January-August 2020 compared with January-August 2019, to UAH 351.85 million, the UkrPapir association has said.
According to UkrPapir data provided to Interfax-Ukraine, in physical terms during this period the factory cut industrial paper production by 8.3%, to 3,650 tonnes, whereas transformer board production increased by 26%, to 3,580 tonnes.
MPF Weidmann, founded in 1871 and a member of the Weidmann international group from 2000, is the only company in Eastern Europe that can supply almost all kinds of electrical insulating paper and cardboard meeting regional and international standards.
The factory produces transformer board, electrical insulating paper for power cables and transformer windings, crepe paper and other types of paper for industrial use, such as, packaging, filtration, and wallpaper.

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LITHUANIAN NOVUS BUYS BILLA IN UKRAINE

The owner of Novus Ukraine LLC, Consul Trade House UAB, has signed an agreement with Rewe International AG on the acquisition of a 100% stake in the charter capital of Billa-Ukraine, an enterprise with foreign investment, which develops the Billa supermarket chain in Ukraine.
“Novus Ukraine LLC and Billa-Ukraine will continue to work as usual, fulfilling the previously reached contractual obligations to partners and counterparties for the stability of business,” the press service of Novus said.
Currently, the deal is being approved by the Antimonopoly Committee of Ukraine, its completion and development plans will be announced after the deal is reviewed by the department, the company notes.
Novus Ukraine LLC was established in 2008, the first Novus supermarket was opened in the country in the same year. The development of the Novus supermarket chain is carried out by BT Invest (Lithuania).
As of September 2020, the network has 46 facilities with a total area of more than 220,000 square meters. The company develops retail facilities of various formats ranging from 500 to 7,000 square meters, including franchised.
Billa-Ukraine was established in 1998 by Rewe Group concern, which was founded in Cologne in 1927. In Ukraine, the first Billa supermarket was opened in Kyiv in February 2000. As of September 2020, the network has 35 facilities in Kyiv, Kyiv region and Zhytomyr.

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SHARE OF TEDIS UKRAINE IN CIGARETTE DISTRIBUTION MARKET DOWN BELOW 75% AGAINST 99% IN 2019

The share of Tedis Ukraine in the cigarette distribution market in 2019 was less than 75% against 99% in 2013-2015, Olha Pischanska, the head of the Antimonopoly Committee of Ukraine (AMC), has said.

“According to our data, during 2018-2019, the share of Tedis in the cigarette distribution market decreased by some percentage. So, if during 2013-2015 it was 99%, then according to the results of 2019 it did not reach 75%. If to talk about specific figures for today, it is necessary to conduct a separate study,” she said in an interview with the Interfax-Ukraine agency.

Pischanska said that in addition to Tedis, other companies buy cigarettes from manufacturers, which did not happen at the time of the AMC’s decision in 2016.

“In order to demonopolize the market, at the end of 2019, recommendations of the AMC were provided to the largest manufacturers of tobacco products, and a working group was created on the basis of the Ministry of Economy, in which we take part,” she noted.

Pischanska also said that the AMC, in response to statements by tobacco companies about the possibility of filing a claim in international arbitration, created a working group and assesses the risks of the arbitration process.

In addition, asked about the position of the committee on the implementation of the pilot project National Tobacco Operator, Pischanska noted that the AMC does not yet have an official text of this document.

“Since today we do not have an official text of this document, the AMC is not able to form a position on the compliance of the project with competition legislation,” she said, adding that any model has the right to exist if it acts in accordance with the law.