Business news from Ukraine

Business news from Ukraine

POTATO AND VEGETABLES PRODUCTION IN UKRAINE DOWN

Production of potato in Ukraine in the first half of 2021 decreased by 19.8% compared to the first half of 2020, to 240,800 tonnes, and of vegetables – by 4.8%, to 684,700 tonnes, according to the website of the State Statistics Service.
The State Statistics Service said that as of July 1, potatoes were harvested from a total area of 17,900 hectares, which is 22.2% less than on July 1, 2020. The average potato yield increased by 9.7%, to 141.8 centners per hectare. The leaders in potato production were Kherson region, which harvested 79,800 tonnes (less by 36.1% compared to January-June 2020), Zhytomyr region – 46,500 tonnes (less by 0.8%) and Vinnytsia region – 39,800 tonnes (less by 2.9%).
In addition, it is reported that the total production of vegetables in Ukraine in the first half of 2021 decreased by 4.8% compared to the first half of 2020, to 684,700 tonnes. At the same time, production of open field vegetables remained at the level of January-June 2020 – 386,900 tonnes.
The yield of open field vegetables in the first half of the year increased by 4.6%, to 183.6 centners per hectare. As of July 1, 2021, crop data were collected from 21,900 hectares, which is 1.4 less than on July 1, 2020. The leaders in the cultivation of open field vegetables during this period were Kherson region, which harvested 234,500 tonnes of this crop (an increase of 2.3 times compared to January-June 2020), Lviv region – 312,400 tonnes (more by 24.8%) and Dnipropetrovsk region – 19,500 tonnes (more by 58.9%).
According to the State Statistics Service, the production of fruit and berries in January-June 2021 decreased by 7.2% compared to January-June 2020, to 182,100 tonnes. The leaders in their cultivation were Dnipropetrovsk region, which harvested 21,400 tonnes of fruit and berries (less by 6.1% versus January-June 2020), Donetsk region – 21,100 tonnes (more by 54.3%) and Zaporizhia region – 17,500 tonnes (more by 86.8%).

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UKRAINE RAISES COPPER EXPORT BY 3.3 TIMES IN H1

Ukrainian enterprises in January-June of this year increased imports of copper and copper products in monetary terms by 75.1% compared to the same period last year, to $79.083 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products in the first half of the year increased 3.3 times compared to January-June 2020, to $108.769 million.
In June, copper and copper products were imported for $14.675 million, and exported – for $20.395 million.
In addition, Ukraine in January-June 2021 increased imports of nickel and nickel products by 58.3% compared to the same period in 2020, to $58.214 million (in June – $15.928 million), and aluminum and aluminum products by 14.4%, to $205.891 million ($38.258 million). At the same time, it increased imports of lead and lead products by 88%, to $4.855 million ($0.025 million), increased imports of tin and tin products by 47.7%, to $1.566 million ($196,000), and also increased imports of zinc and zinc products by 90.4%, to $42.594 million ($7.030 million).
Exports of aluminum and aluminum products in the first half of 2021 increased by 57.2% compared to the same period in 2020, to $76.632 million (in June – $15.138 million), lead and lead products by 61.7%, to $17.377 million ($3.333 million), and nickel and nickel products by 80.7%, to $2.391 million ($0.426 million).
Zinc exports in January-June 2021 amounted to $48,000 (in June – $31,000), while in January-June 2020 they amounted to $21,000. Exports of tin and tin products in January-June 2021 amounted to $14,000 (in June – $3,000) versus $82,000 in the first half of 2020.

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1.5 MLN UKRAINIANS WORK IN POLAND

Ambassador of Ukraine to the Republic of Poland Andriy Deschytsia says that about 1.5 million Ukrainians work in Poland today and about 50,000 Ukrainian students are studying.
“What is the situation in Poland now. We have an increase in the number of labour migrants. If we talk in comparison with 2014, this is approximately two or three times. Now we are talking about 1.5 million Ukrainians who work in Poland,” he said at the Ukraine 30. Human Capital all-Ukrainian forum on Tuesday.
He said that approximately 600,000 Ukrainians officially pay taxes to the Social Insurance Fund, while the rest work on labour contracts and do not pay taxes.
In addition, the ambassador said that in 2014 there were 680 companies in Poland, where owners were Ukrainians, and in 2021 there were 16,000 enterprises in Poland where the owners or co-owners are Ukrainians.
Among other things, Deschytsa said that at the moment about 50,000 Ukrainian students are studying in Poland.

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ESTONIA, LATVIA AND LITHUANIA OPEN BORDERS FOR UKRAINIANS

Estonia, Latvia and Lithuania have opened borders for Ukrainians for all types of travel, according to the recommendation of the European Council, Ukrainian Foreign Minister Dmytro Kuleba has said.
“Estonia, Latvia, Lithuania have opened for all types of travel for Ukrainians, according to the recommendation of the EU Council. Visa-free weekend in the Baltic countries? Now it is possible again,” Kuleba said on his Twitter.

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AVERAGE MONTHLY WAGE BY REGION IN MAY 2021, UAH

AVERAGE MONTHLY WAGE BY REGION IN MAY 2021, UAH

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UKRAINE PLANS TO BUILD 25 INDUSTRIAL PARKS

The government intends to build 25 new industrial parks over the next three years, Minister for Communities and Territories Development Oleksiy Chernyshov has stated.
“Over the next three years, the Ukrainian government intends to build 25 new industrial parks, creating conditions and investing public funds in the creation of such facilities,” the minister said during the Ukraine 30. Labor Force forum.
He clarified that among the current 50 industrial parks, in fact, about ten are working.
Chernyshov recalled that two bills with amendments to the Tax and Customs Codes, containing fiscal incentives for industrial parks, have been registered in the parliament. The bills provide for the opportunity for participants in industrial parks to obtain exemption from the payment of import duties on equipment, import VAT on equipment and income tax for 10 years. It is also proposed to provide local authorities with the right to establish local tax exemptions for industrial parks and their residents.
“They will be adopted in the fall,” he said.
The minister also added that a bill on the restart of industrial parks is awaiting the second reading.
As reported, the Verkhovna Rada at first reading adopted bill No. 4416-1 on restarting industrial parks. It provides, in particular, compensation for industrial park residents for the share of investments from 15% to 70% of capital expenditures in the first three years, depending on the volume of the company’s exports, compensation from 30% to 70% of interest payments on the loan, depending on the volume of exports, and 50% compensation for the cost of connecting to the power grid.

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