The Ministry for Development of Economy, Trade and Agriculture of Ukraine predicts growth of GDP in 2021 at 4.6% with inflation of 7.3%, according to a draft resolution put on the agenda of the Wednesday government meeting.
According to the document, in 2022, GDP would grow by 4.3% with inflation of 6.2%.
According to the draft resolution, export growth is expected 2.9% next year and 6.4% in 2022, while import growth is projected at 10.6% and 10%, respectively.
The trade deficit will amount to $10.4 billion in 2021 and $13.6 billion in 2022, the ministry said.
Lavina Mall LLC (Kyiv), the owner of Kyiv-based Lavina Mall located at 6, Berkovetska Street, saw UAH 169.1 million in net loss in April-June 2020 compared with UAH 92.6 million of profit a year ago. The company reported in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, that in Q2 2020 its revenue fell by 28% year-over-year, to UAH 301.4 million.
In the second quarter compared with the first one, the company’s net loss decreased 18.3%, revenue increased 40%.
Gross profit decreased 5.7% and amounted to UAH 184.1 million, while operating loss amounted to UAH 21.9 million compared with profit in the second quarter of last year.
The uncovered loss of Lavina Mall LLC increased 2.3-fold, to UAH 296.7 million. Noncurrent liabilities increased slightly to UAH 1.637 billion, current grew by 17.8%, to UAH 2.316 billion.
The company’s assets in the second quarter increased 5% and amounted to UAH 4.4 billion.
Lavina Mall LLC was founded in 2013. The main activity is the leasing and operation of own and rented property.
The transport and forwarding company Lemtrans transported 31.38 million tonnes of various types of freight in January-June 2020, which is 26% more than on the same period of 2019.
In the six months of 2020, iron ore raw materials and coal accounted for the bulk of loading, totaling 12.57 million tonnes (8.15 million tonnes in January-June 2019) and 11.45 million tonnes (10.44 million tonnes in January-June 2019), respectively, the company’s press service told Interfax-Ukraine.
Volumes of transportation of ferrous metals in the first half of 2020 amounted to 4.02 million tonnes (3.83 million tonnes in January-June 2019), shipments of fluxing materials totaled 1.44 million tonnes (1.12 million tonnes in January-June 2019), and those of coke 1.26 million tonnes (0.99 million tonnes in January-June 2019).
The company said that despite the economic crisis caused by the coronavirus (COVID-19) pandemic it had signed new contracts on freight transportation in the second quarter of 2020.
A total of 3,516 freight cars underwent scheduled maintenance over the first six months of 2020.
Lemtrans is the largest private operator of railway rolling stock in Ukraine. Its core business is organization of transportation by own rolling stock, rendering transport and forwarding services, information support for cargo movement, as well as rolling stock repairs.
Lemtrans fully belongs to SCM Group.
New quarantine rules will take effect in the country from August 1, Health Minister Maksym Stepanov said during a press briefing in Kyiv on Wednesday.
“From August 1, new rules regarding quarantine restrictions begin to operate in Ukraine. We have made a distribution into four zones, each will have different restrictions. The softest will be in the ‘green’ zone – mask mode, keeping a distance, one person per 5 square meters at public events, when visiting cinemas and theaters, the occupancy of the hall is no more than 50%, in public transport transportation is exclusively within the seating area. Regarding the crossing of the border between the ‘red’ and ‘green’ zones within the country, traffic will be limited in the ‘red’ zone, appropriate posts will be set up at the crossing,” he said.
The minister stressed that new rules are introduced for the division of countries into “red” and “green” zones.
“Regarding the arrival from abroad from August 1, the statistics will be updated every seven days. We will also change the indicators – if we are currently measuring the number of active patients in the country, then from August 1 this will happen like in European countries. There will be two indicators – if the increase in patients over the past 14 days exceeds such an increase in the territory of Ukraine and if the percentage of increase in the last 14 days compared to the previous 14 days is more than 30 people,” Stepanov said.
The Cabinet of Ministers of Ukraine has appointed Deputy Minister of Environmental Protection and Natural Resources Iryna Stavchuk as Deputy Head of the Ministry for European Integration, government spokesman in the Verkhovna Rada Vasily Mokan said.
According to the statement, the relevant decision was made at a government meeting on Wednesday.
In addition, the government appointed Deputy Head of the State Service of Ukraine for Geodesy, Cartography and Cadastre Oleksandr Krasnolutsky as Deputy Head of the Ecology Ministry.
The State Service of Ukraine for Geodesy, Cartography and Cadastre said on its website that Krasnolutsky served as Deputy Head of the department since February 20, 2019
Privatization of large-sized enterprises in Ukraine could bring $1 billion to the national budget in the coming years, Ukrainian Prime Minister Denys Shmyhal has said.
“We also have high expectations from large-scale privatization, which should bring about $1 billion to the budget in the coming years,” the prime minister said during a government meeting on Wednesday.
