Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES IMPORT OF CHEESES TO $47.79 MLN

Ukraine in January-July 2019 exported 3,670 tonnes of cheese, which was 19.4% less that in January-July 2018. According to customs statistics released by Ukraine’s State Fiscal Service (SFS), cheese exports in monetary terms amounted to $13.08 million, which was 23% lower than the figure for the first seven months of 2018.
At the same time, imports of cheese in January-July 2019 totaled 10,380 tonnes, which was 1.6 times more than in January-July last year. The imports in monetary terms increased 46.2%, to $47.79 million.
Exports of Ukrainian creamery butter in January-July 2019 decreased 32.9%, to 12,890 tonnes. The exports in monetary terms decreased 35.3%, to $53 million. Imports of creamery butter, according to the SFS, decreased by 7.2%, to 591 tonnes ($3.7 million).
In January-July 2019, exports of condensed milk and cream grew by 19.1%, to 26,640 tonnes. Ukraine supplied condensed milk and cream to the tune of $56.64 million, which was 1.5 times more than in January-July 2018. Their imports decreased 9.5%, to 1,100 tonnes ($2.37 million).
As reported, Ukraine in 2018 imported 13,720 tonnes of cheese (37.1% up from 2017) and exported 8,340 tonnes of cheese (7.8% down from 2017). Last year, exports of butter remained at the level of 2017, imports increased slightly, to 1,100 tonnes. Exports of condensed milk and cream totaled 35,550 tonnes (24.1% down from 2017), imports were 2,360 tonnes (38.6% up from 2017).

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MASS COSSACK FIGHTS TO TAKE PLACE NEAR KYIV

On August,17 and 18 in the «Kyivan Rus Park» the ХХІІІ International Festival of National Military and Traditional Cultures «The Cossack Spas» of the name of Anatoliy Ermak will take place. The colorful Cossacks from all over Ukraine and the real fighting spirit of the Cossack family, the impressive presentation of the national martial arts, horse shows, tasty dishes prepared on fire, master-classes and the traditional crafts fair, competitions with the participation of the best sportsmen from the Ukrainian and foreign federations of national and traditional sports will be waiting for the guests.
Ancient Kyiv opens at 10:00. The program starts at 14:00.
The ticket price: a full adult ticket – 250 UAH, for pensioners and students – 150 UAH, for schoolchildren – 60 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Route taxis leave from Kyiv from the «Vydybitchi» metro station.
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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DYNAMO FC (KYIV) FIRES COACHING TEAM AFTER YESTERDAY’S DRAW WITH BRUGGE

The Dynamo FC (Kyiv) has terminated cooperation with head coach Alyaksandr Khatskevich. “Together with him, the entire coaching team of the first team was dismissed. FC Dynamo (Kyiv) thanks Alyaksandr Khatskevich and his assistants for the work carried out for more than two years and wishes success in future activities,” the club said on its official website.
Who will work with the team further will be announced later. “On August 13, Dynamo FC failed to qualify for the Champions League group stage for the third year in a row.
The Belarusian mentor and ex-player of Dynamo Khatskevich headed the Kyiv club in June 2017. In 2018 and 2019, Dynamo FC, under the leadership of Khatskevich, won the Ukrainian Super Cup.
On June 6, Dynamo FC signed a new two-year contract with Khatskevich.
Dynamo FC President Ihor Surkis then said that in the new season, Dynamo faces the challenge of getting into the Champions League, fighting for the championship and the Ukrainian Cup.

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UKRAINIAN METAL COMPANIES SEE 9.4% FALL IN FOREX EARNINGS FROM FERROUS METAL EXPORTS

Ukrainian metal companies saw a fall of 9.4% in foreign currency revenues from exports of ferrous metals in January-July 2019 year-over-year, to $5.615 billion.
According to customs statistics published by the State Fiscal Service, the share of ferrous metals of total income from exports was 19.53% compared to 23.07% from a year ago.
In July 2018 alone, receipts from ferrous metal exports amounted to $818.213 million.
In January-July 2018, Ukraine decreased imports of similar products by 1.4%, to $741.440 million including imports reaching $140.422 million in July.
In January-July 2018, Ukraine decreased metal products exports by 0.1%, to $637.494 million including July deliveries being $103.106million. During this period, imports of metal products grew by 24.6%, to $627.461 million, including July imports worth $99.058 million.
As reported, in 2018 Ukraine saw its forex earnings from ferrous metal exports rise by 23.8%, to $9.937 billion. Ukraine saw imports of these products increase by 20.4%, to $1.367 billion.
Ukraine experienced a 23.8% rise in metal products exports, up to $1.11 billion. Metal imports grew by 19.9% last year, to $967.674 million.

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DYNAMO FC (KYIV) VS BRUGGE (BELGIUM) – 3:3

Dynamo FC (Kyiv) has failed to advance to the UEFA Champions League group stage for the third season in a row.
After 0:1 away loss a week ago in Brugge (Belgium) Dynamo FC met with Belgians with a 3:3 draw.
Dynamo FC will play in the Europa League group stage.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF AUGUST 13

Official rates of banking metals from national bank as of August 13

One troy ounce=31.10 grams

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