Business news from Ukraine

Business news from Ukraine

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 05/07/19

National bank of ukraine’s official rates as of 05/07/19

Source: National Bank of Ukraine

PORTFOLIO OF GOVERNMENT DOMESTIC LOAN BONDS HELD BY NON-RESIDENTS REACHES HISTORICAL RECORD OF UAH 60.12 BLN

The portfolio of government domestic loan bonds held by non-residents as of July 4 reached a new historical record high of UAH 60.12 billion at face value, including an increase of UAH 2.71 billion following the results of primary auctions conducted on July 2.
According to data released by the National Bank, the entire increase was traditionally provided by hryvnia securities, by UAH 3.91 billion, which total UAH 58.21 billion in the portfolio held by non-residents.
Such an inflow of funds from non-residents allowed the National Bank to buy out $52 million in the market after primary auctions on July 3, although the hryvnia exchange rate strengthened and for the first time since April 2018 it overcame the level of UAH 26/$1.
A week earlier, the portfolio of government bonds owned by non-residents grew by UAH 4.79 billion, but then a small part of it (UAH 390 million) was secured by equities in U.S. dollars.
In general, since the beginning of 2019 the portfolio of government bonds owned by non-residents has increased by UAH 53.77 billion, or 9.5 times.

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NATIONAL BANK REGISTERS DOMESTIC LIME MONEY PAYMENT SYSTEM

The National Bank of Ukraine (NBU) has agreed the rules and registered the domestic payment system Lime Money, the NBU said in a statement on its website.
According to the report, Lime Money’s payment company is Smart Finexpert LLC (Mykolaiv).
Lime Money payment system became the twelfth national payment system in the Ukrainian market, which is created by non-banking institutions.

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VOLKSWAGEN BRAND REMAINS LEADER OF REGISTRATIONS AMONG IMPORTED USED CARS IN UKRAINE

The primary registrations of imported used cars in Ukraine in January-June 2019 totaled 250,100, which is almost six times more than a year ago, the Ukrautoprom association has reported.
The Volkswagen brand remains the leader of registrations in the first six months of 2019 (48,793), Opel is in the second position (24,414), Audi is third (19,072), Renault is fourth (18,822), and Skoda is fifth (17,766.).
According to the association, in June, the Ukrainians registered 19,200 imported used cars, which was the lowest since the beginning of the year, but compared to June last year, registration increased 2.2-fold.
Cars aged from 5 to 10 accounted for the largest share in the registrations of used imported cars – 46%. Cars older than 10 years covered 35% of the June market, the remaining 19% were cars under the age of five years.
The most popular Volkswagen brand registered 2,960 vehicles last month, followed by Skoda (1,742), Renault (1,588), Ford (1,393) and Opel (1,321).

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NEW DOLPHINARIUM WITH HOTEL TO BE BUILT IN KYIV

The new Nemo dolphinarium with a hotel is being built a land parcel of around 1 ha near Art Mall shopping and entertainment center located at 37, Zabolotnoho Street in Kyiv.
“Nemo dolphinarium will open at the parking area in six months. It moved. We sold 1 hectare of land and, not mobile, as previously it was at VDNG, but full-function dolphinarium and a hotel are being built… The facility was designed and construction is underway,” A Sky LLC Head and Director General of the Sky Mall shopping center Yulia Vanchenko said at the CP Round Table “Retail Property of Ukraine: the Market is on the Rise”.
She said that she took part in the launch and development of the Art Mall project.
Vanchenko said that the location of the Art Mall shopping and entertainment center is not good in terms of traffic: there are no houses, the subway nearby.
In this regard, as she said, a few years ago it was decided to change the concept of the shopping and entertainment center: the “children’s world” direction was chosen as the key one, and the facility increased its performance.
“The shopping gallery worked for three years, and we reformatted it into a new business focused on children, also new to Ukraine…” Vanchenko said, adding that Planet Toys, Kids Will, Kids Island, wow park, Reserved and LC Waikiki with large children’s departments, Luxoptika Kids are operating now.
“Now the Art Mall shopping center is improving the composition of neighbors around it, and thus the traffic of regular customers,” she said.

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UKRAINIAN ASSOCIATION OF AGRARIAN EXPORT TO CONDUCT PRESS CONFERENCE “RESULTS OF EXPORTS OF FRUITS AND BERRIES IN 2018-2019. FORECAST FOR HARVEST”

On Tuesday, July 9, at 10.00, the press center of the Interfax-Ukraine news agency will host a press conference entitled “Results of Exports of Fresh Fruits and Berries in 2018-2019. Forecast for Harvest (and Ukrainian Exports) for 2019-2020 Season.”
Participants: Dmytro Kroshka, the chairman of the Ukrainian Association of Agrarian Export, Volodymyr Hurzhiy, an expert for exports at First Ukrainian Apples Producers Aggregating Company USPA FRUIT, Oleksandr Yaschenko, the deputy director for research of the Institute of Horticulture, and Oleh Bosy, the agricultural technologist and managing partner of FruiTech (8/5a Reitarska Street). Registration of journalists requires press accreditation.

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