Business news from Ukraine

Business news from Ukraine

INVESTMENTS IN CONSTRUCTION OF GRUPO BIMBO BAKERY IN UKRAINE AMOUNTS $30 MLN

Investments in the construction of a bakery of the international bakery holding company Grupo Bimbo in Kyiv region will amount to nearly $30 million, General Manager of Bimbo QSR Ukraine Ihor Mariash has said.
“Now, our enterprise is located in Dnipro, but we feel that Ukraine is developing and we do not have enough capacity. Therefore, our management has an initiative to build a new bakery in Kyiv region. This will create an opportunity to create 200-300 jobs. Total investment about $30 million is planned,” Mariash said during a roundtable entitled “Investment Law: Projects for First Billion” held on Friday.
According to him, it is planned to build lines for the production of buns, as well as tortilla and toast bread, which are currently not produced in Ukraine.
As Head of the International Relations and Communications Department of UkraineInvest Investment Promotion Office Olena Gitlianska said earlier, the investment company is helping a Mexican investor in finding a site for the construction of a plant in Fastiv.
According to the data of the unified public register of legal entities and private entrepreneurs, Bimbo QSR Ukraine was registered in 2000 by Dutch Bimbo QSR B. V in Dnipro with a charter capital of UAH 297 thousand.
According to the Grupo Bimbo website, it is represented in 33 countries, has 196 factories and a network of 3 million points of sale worldwide. The bakery holding produces about 13,000 names of products under more than 100 brands.

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GROWTH IN PRICES OF INDUSTRIAL PRODUCERS IN UKRAINE SLOWS DOWN TO 1.6% IN MARCH

Prices in the Ukrainian industry in March 2021 increased by 1.6%, while in February – by 7.8%, in January – by 5.2%, the State Statistics Service reported on Monday.
At the end of March 2021, prices in industry increased 26.3% year-over-year, at the end of February – 26.6%, at the end of January 2021 – 17.6%.
In the first quarter of 2021 (compared to the same period in 2020), the growth in prices of industrial producers amounted to 23.5%.
The State Statistics Service said that within Ukraine, prices of industrial producers in March compared with February 2021 increased 0.6%, for deliveries outside the country – 4.7%.
In the mining industry and quarrying in March of this year, compared with the previous month, the price of production grew by 2.3%, the rise in prices in the extraction of metal ores was 5.8%, coal – 1.8%, while in extraction of crude oil and natural gas the products fell by 2% in price.
Prices increased in the production of coke and refined petroleum products by 14.2%, chemicals and chemical products – by 9.9%, in metallurgy – by 4.6%, in the production of intermediate consumption goods – by 4.2%, non-durable goods – by 3.7%, in the processing industry – by 3.8%.
A decrease in prices was recorded in the supply of electricity, gas, steam – by 5.5%, energy production – by 2.9%.

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QUOTES OF INTERBANK CURRENCY MARKET OF UKRAINE (UAH FOR €1, IN 01.04.2021-30.04.2021)

Quotes of interbank currency market of Ukraine (UAH for €1, IN 01.04.2021-30.04.2021)

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UKRAINIAN POPULATION BY REGIONS AS OF MARCH 1, 2020 (IN PERSONS)

UKRAINIAN POPULATION BY REGIONS AS OF MARCH 1, 2020 (IN PERSONS)

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THE LARGEST PLATFORM FOR TABLE TENNIS DEVELOPMENT IN UKRAINE THE SETKA CUP OPENS ITS FIRST LOCATION IN THE EU

Ukraine’s largest platform for table tennis development, the Setka Cup, has opened its first location in the European Union (EU). A new arena began to operate in Prague, the Czech Republic.
The international platform Setka Cup increased the number of table tennis arenas to 12 and reached 6,500 matches per month. Setka Cup tournaments are broadcast to 150 countries. All games are dynamic and last up to 30 minutes on average and are supported by live analytics. The total area of arenas in Prague, Kyiv, Dnipro, and Lviv is 3,487 sq. meters.
“Three years of intensive work in Ukraine provided us with the experience and potential to organize tournaments and support sport on an international level. Besides that, we constantly get inquiries from foreign sports communities about the Setka Cup brand’s presence in other countries. We’ve chosen the Czech Republic to start with because of the local table tennis community’s considerable interest. Still, we plan to continue to develop our platform on an international level”, Setka Cup tournaments organizers said.
The eponymous location in Prague will hold 4 table tennis tournaments every day. The participants are local players. The room’s infrastructure meets the up-to-date European standards, including professional lighting, ventilation and air-conditioning systems, comfortable conditions for the training and rest of athletes. Tournament organizers comply with local quarantine measures.
“The health of Setka Cup tournament players is our responsibility. We set up special rules for our players: our athletes don’t play more than three days in a row and can’t participate in more than one tournament per day. And, of course, we comply with quarantine measures,” Setka Cup organizers added.
“The opening of a location in Europe is a significant step for Setka Cup. It’s a new level, an increase in the number of arenas, more table tennis players. Also, it brings new opportunities for players, their professional development and experience sharing.”
Setka Cup is an international sports platform. Since 2018 Setka Cup organizes open non-commercial and commercial tournaments and supports tennis and table tennis development.
The platform created unique media channels, including Setka Cup TV, which cover sporting and educational events of table tennis. Setka Cup tournaments are famous in 150 countries.
Setka Cup:

Главная


https://www.facebook.com/setkacup
http://bit.ly/SETKACUP_YouTube

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GAS TRANSIT THROUGH UKRAINE DECREASES IN JAN-APRIL

Transit of natural gas through the gas transmission system (GTS) of Ukraine in January-April 2021 amounted to 14.1 billion cubic meters, which is 9% less than in the same period in 2020 (15.5 billion cubic meters), according to the statement of Gas Transmission System Operator of Ukraine LLC (GTSOU).
In particular, 12.5 billion cubic meters of gas were supplied in the western direction as transit (8.4 billion cubic meters to Slovakia, 2.9 billion cubic meters to Hungary, 1.2 billion cubic meters to Poland), 1.7 billion cubic meters to the south (1.3 billion cubic meters to Moldova, and 0.4 billion cubic meters to Romania).
According to Commercial Director of the operator Yevhen Todorov, GTSOU put up for auction for the distribution of additional capacities at interstate entry points from the Russian Federation for May 2021. However, market participants, in particular the Russian side, did not show interest in the proposal.
“Taking into account the seasonal market demand for gas in the EU and limited transportation volumes, starting from April 1, 2021, the price at gas hubs has shown an increase and from the beginning of the year to May 12, it has increased by 36%, to EUR 26.4 per MWh at the NCG hub on condition of delivery one day ahead (about EUR 279 per 1,000 cubic meters),” he said.
In addition, gas transportation from Europe to Ukraine in January-April 2021 amounted to 0.55 billion cubic meters, which is seven times less than in the same period in 2020 (3.87 billion cubic meters). Ukraine received 0.07 billion cubic meters of gas from NCG, 0.48 billion cubic meters from Hungary, while almost no gas was delivered to the country from Poland, Romania and Moldova.
Gas supplies as virtual reverse flow to Ukraine amounted to 0.49 billion cubic meters, or almost 90% of transportation. Gas flow in the “customs warehouse” mode amounted to 0.08 billion cubic meters versus 1.22 billion cubic meters in the same period in 2020.
Gas re-export from Ukraine in the four months ended April 2021 amounted to 0.68 billion cubic meters, while for the whole last year traders almost did not order re-export services.

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