Ukrainian manufacturers of agricultural machinery has said it is necessary to reduce the local contents of domestic complex agricultural machinery set for 2019-2021 that should be observed for receiving a partial compensation for the cost of machinery and equipment.
UkrAgroMash Association of Agricultural Machinery and Equipment Manufacturers addressed to First Deputy Premier of Ukraine Stepan Kubiv with the respective request, the text of which was made available by the National Committee on Industrial Development on Facebook.
“Under present intense competition with the companies from other countries, which can afford cheap loans and enjoy various incentives and financial support of their countries…it becomes more difficult for the Ukrainian producers to uphold their position in the market and increase the local content with having no such kind of support,” reads the report.
The association says current year business realities make it impossible for the manufacturers of the complex self-propelled machinery to gain local contents, which have been set in 2013, for 2019/2020.
Thus, it is proposed to set local contents for self-propelled combine harvesters on the level of 40% in 2019, on the level of 45% in 2020, and on the level of 50% in 2021 (now these indicators are 55% and 60% respectively in 2019 and 2020), to set 45% and 50% contents for tractors for 2019 and 2020 (previously 55% and 60%), and 55% for 2021.
Besides, the manufacturers propose to fix local contents for special-purpose agricultural machines this and next years on the level of 50% and 55% (previously 55% and 60%), and 60% for 2021, local contents for self-propelled spraying machines on the level of 40% and 45% (55% and 60%) and introduce 50% for 2021.
The farm producers also ask to introduce spraying trailer machines into the list setting 45% of local content for 2019, 50% in 2020 and 55% in 2021.
As reported, the program of financial support for agricultural producers (subsidies for the purchase of agricultural machinery, equipment, railway cars) is about UAH 881.8 million. Of these, partial compensation for the cost of agricultural machinery and equipment made in Ukraine is UAH 681.79 million, special vehicles for the transportation of grain, equipment for the production of bioethanol and electricity from biomass, which were purchased from domestic producers – UAH 200 million.
AGRICULTURAL MACHINERY, GOVERNMENT, HARDWARE, LOCAL CONTENT, MANUFACTURERS
The application of the international bank account number (IBAN) will be introduced in Ukraine on August 5, the National Bank of Ukraine (NBU) wrote on Facebook.
According to its report, the banks will change their operating accounts in accordance with the requirements of the new standard, while maintaining the current number of analytical accounting.
New IBAN-standard accounts will consist of 29 alphanumeric characters: a country code, a check digit, a bank code, and an account number.
Since November 1, the use of IBAN will become mandatory for customers of all banks of Ukraine in the implementation of money transfers, both in national and in foreign currencies, including cross border transfers so that all transfers will be carried out exclusively using IBAN.
After the introduction of IBAN, all payment cards issued by banks to the client’s account remain valid, they are a payment tool that enables the client to transfer unds from a bank account using a payment device.
Through January-June 2019, almost 2,335 accidents happening at the workplace were registered, of which 189 people received fatal injuries. The number of accidents happened through this period fell by 2.1% compared to the same period a year ago, when a number of fatally injured persons grew by 9.2%.
The biggest number of insurance accidents happened at the coal enterprises and retail store networks.
The most number of the employees were injured in Dnipropetrovsk region (15.5%), Kyiv (11.1%) and Donetsk region (10.7%).
The Social Insurance Fund makes insurance payments to victims of accidents at work or in the event of an occupational disease, and also provides medical and social services. In particular, the fund finances the treatment of all the direct consequences of an insured event until recovery, operational rehabilitation on the basis of sanatoriums, conducting research, performing surgeries, endoprosthetics, prosthetics, and providing medicines and medical products.
The largest taxpayers of Ukraine in July 2019 increased tax payments by almost UAH 7 billion compared with July 2018, to over UAH 27 billion, the Office of Large Taxpayers has said in a press release.
According to the report, revenue from value added tax (VAT) grew by 5.3% last month compared to the same period in 2018, to UAH 10.2 billion, excise tax revenues amounted to UAH 5.9 billion, profit tax revenues – UAH 340.1 million.
The office also noted a significant increase of revenues from the part of net profit levied to the national budget in July – by UAH 7.8 billion (more than 22 times).
“A significant part (more than UAH 14.5 billion) over the past two months was paid by state-owned banks, UAH 12.3 billion of net profit was transferred by Naftogaz,” the office said.
Since the beginning of the year, the largest taxpayers have transferred UAH 201.8 billion to the national budget, which is 14% more than last year, the office said.
The share of tax payments from large businesses in July amounted to over 56.7% of all tax revenues to the national budget.
In January-July 2019, the largest taxpayers received a VAT refund of UAH 70 billion, which is 32% (UAH 17 billion) more than in the same period in 2018.
Ukraine since the beginning of the new 2019/2020 agricultural year (July-June) and as of August 6, 2019 had exported 4.189 million tonnes of grain and legumes.
According to the Ministry of Agricultural Policy and Food, farmers exported 1.59 million tonnes of corn, 1.58 million tonnes of wheat, and 1.02 million tonnes of barley.
For the same period last year, 2.606 million tonnes of grain and leguminous crops were exported.
As of the indicated date, 27,700 tonnes of flour were also exported.
As reported, with reference to the ministry, Ukraine exported a record 50.4 million tonnes of grain in the 2018/2019 agri-year, and this is 23% more than in the previous agri-year.
Dniprospetsstal Electrometallurgical Plant (Zaporizhia) in January-July 2019 reduced rolled goods production by 10% compared to the same period last year, to 88,400 tonnes, according to the recent reports.
As the enterprise told Interfax-Ukraine, for the seven months it reduced steel production by 14.7%, to 126,000 tonnes.
In July, the plant produced 19,000 tonnes of steel, 14,000 tonnes of rolled goods.
Dniprospetsstal is Ukraine’s only manufacturer of high-quality rolled products and forgings made of special steel grades: stainless, tool, bearing, structural, and also from nickel-based superalloys.
