President of Ukraine Volodymyr Zelensky has called on representatives of the French business MEDEF International, who are on an official visit to the country, to participate in investment projects in Ukraine, the press service of the head of state reports.
In particular, the president drew the attention of investors to the implementation of the Big Construction national program. He called on French business to take part in the modernization of the road infrastructure of Ukraine within the framework of public-private partnership projects.
Among the large-scale investment projects, Zelensky also named railway communication, IT sphere, modernization and management of ports, airports, construction of metro and underground tunnels, etc. At the same time, the head of state emphasized the need to localize production in Ukraine.
Zelensky also proposed that Airbus, with which there is already a contract for the supply of helicopters, consider the possibility of participating in the implementation of a project to create a national Ukrainian air carrier and study the issue of attracting Ukraine to the production of the company’s products.
French businessmen confirmed their interest in cooperation in the mentioned areas.
“Today France is the sixth largest investment in Ukraine. Not a bad indicator, we can be glad. But we understand that it is better and much more can be done,” Geoffroy Roux de Bézieux, the president of MEDEF association, said.
Reportedly, some of the Ukrainian-French investment projects are already underway.
“A contract has been signed with Alstom company for the supply of 120 locomotives for the Ukrainian railway with partial localization of production in Ukraine (in the amount of 35%),” the report says.
In total, Ukraine and France have recently concluded intergovernmental agreements for more than EUR 1.3 billion.
The delegation of MEDEF association, which arrived in Ukraine, includes representatives of 20 large French companies from many sectors.
Industrial production in Ukraine in May 2021 increased by 5.4% compared to May 2020, while in April the growth was 13%, in March – 2.1%, and in February and January there was a decline, respectively by 4.6% and 4%, the State Statistics Service has said.
The agency clarified that, adjusted for the effect of calendar days, the growth of industrial production in the past month was the same – 5.4%.
The State Statistics Service indicates that from April this year, industrial production fell by 3.4%, and taking into account the seasonal adjustment – by 3%.
In processing industry in May 2021 from May 2020 the growth was 6.3%, in extracting industry and quarrying – 8%, while the supply of electricity, gas, steam and air conditioning recorded a decline of 3.5%.
In general, for the five months, the service recorded an acceleration in the growth of industrial production to 2.2% from 1.56% following the results of four months. In particular, the growth in processing industry was 2.5%, in the supply of electricity, gas, steam and conditioned air – by 2.9%, in mining industry and quarrying – by 1.2%.
Six dubious investment projects were identified by the National Securities and Stock Market Commission as part of the monitoring of scam projects, the press service of the regulator has said.
The list includes NPBFX, Gerchik & Co, Want. Broker, GoldenStanley, Kiexo and TrustMacquarieCapital.
At the time of publication there were 70 scam projects in the list of the National Securities and Stock Market Commission.
The Commission recalled that scam projects include investments in the quasi-market Forex and projects that offer investment services, but aim only at illegal seizure of investors’ funds.
FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-MARCH 2021 (EXPORT)
Ukraine since the beginning of the 2020/2021 marketing year (MY, July-June) and as of April 30, 2021 had exported 38.92 million tonnes ofgrains and legumes, which is 22.9% less than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 15.08 million tonnes of wheat, 19.11 million tonnes of corn, 4.12 million tonnes of barley have been exported.
As of the indicated date, 106,100 tonnes of flour were also exported.
According to the Ministry of Agrarian Policy and Food, Ukraine exported 56.72 million tonnes of grain and leguminous crops in the 2019/2020 MY.
As reported, the Ministry of Economic Development, Trade and Agriculture of Ukraine in February predicted a decline in exports ofgrains and legumes in the 2020/2021 MY by 20.5% compared to the previous MY, to 45.4 million tonnes.
ASTARTA expands its product range and launches a pilot project on invert sugar syrup production. The initial batch is scheduled for August 2021.
The process of technological reequipment of the enterprise has already started. A special processing line will be installed at the Novoorzhytskiy sugar factory in the first half of July. The total investments are UAH0.5m.
– The main consumers of the first batch of inverted syrup will be Ukrainian beekeepers. This product can be used as feeding during the overwintering of bee colonies and helps to increase their productivity. It will also allow beekeepers to increase efficiency in their apiaries, introduce modern technologies and maintain a leading position in honey production in the world, – said project manager Ivan Chepak.
Invert sugar syrup is in demand with the confectionery industry as well. Therefore, in case of successful implementation of the pilot project, ASTARTA plans to increase the production of invert syrup and expand the marketing capabilities.
Thus, forming the added value of its products, ASTARTA increases the volume of products with a higher degree of processing, creates efficient production with a closed technological cycle and performs technical and technological reequipment of its enterprises.
