PrJSC Philip Morris Ukraine, one of the largest tobacco companies in Ukraine, in 2020 increased its net profit by 5% compared to 2019, to UAH 2.73 billion.
According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets for the year increased by 18%, to UAH 11.51 billion, and retained earnings by 55.5%, to UAH 7.79 billion.
Total debtor indebtedness over the year increased by 28.4%, to UAH 8.63 billion.
It is also indicated that at an annual meeting of shareholders on April 27, it is planned to obtain approval for the company to carry out significant transactions with an aggregate value of up to UAH 40 billion, which until April 30, 2022 can be used by the company to conduct business. In addition, during the meeting, it is planned to approve the main directions of the company’s activities, which include the further increase in production capacity and the expansion of the company’s product range.
Philip Morris International, which includes PrJSC Philip Morris Ukraine, is one of the world’s largest manufacturers of tobacco products. It produces cigarettes in more than 50 factories and sells them in 180 countries.
The company has been operating in Ukraine for over 20 years, owns a factory in Kharkiv region, and employs over 1,300 people.
The company reduced the shipment of cigarettes in Ukraine in 2020 by 4.3% compared to 2019 due to a general market decline, which was partially offset by an increase in the market share of heated tobacco products.
Kremenchuk Steel Plant (Kremenchuk, Poltava region), which is part of the industrial assets of TAS Group, according to preliminary data, in 2020 received a net loss of UAH 22.81 million, while in 2019 its net profit amounted to UAH 66.03 million.
According to the information on the agenda of a general meeting of shareholders of the company scheduled for April 30, published in the information disclosure system of the National Securities and Stock Market Commission, the uncovered loss of the plant by January 1, 2021 amounted to UAH 50.57 million (a year earlier – UAH 27.71 million).
As reported, in 2019, the plant reduced its net profit by 3.2 times compared to 2018.
According to the plant, by the beginning of 2021 its current liabilities amounted to UAH 342.19 million, which is 9.5% more than a year earlier, long-term liabilities decreased by 3%, to UAH 258.74 million.
The company’s assets in 2019 increased by 6.6%, amounting to UAH 854.79 million, in particular total debtor indebtedness rose by 90%, to UAH 240.94 million.
Net worth as of January 1, 2021 amounted to UAH 253.86 million, in particular charter capital – UAH 132.12 million.
Kremenchuk Steel Plant is the leading foundry enterprise in Ukraine for production of steel castings for freight cars and heavy trucks.
Ukraine since the beginning of the 2020/2021 marketing year (MY, July-June) and as of March 26, 2021 had exported 34.45 million tonnes of grains and legumes, which is 22.6% less than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 14.16 million tonnes of wheat, 15.64 million tonnes of corn, 4.06 million tonnes of barley have been exported.
As of the indicated date, 96,200 tonnes of flour were also exported.
As reported, the Ministry for Development of Economy, Trade and Agriculture of Ukraine in February predicted a decline in exports of grains and legumes in the 2020/2021 MY by 20.5% compared to the previous MY, to 45.4 million tonnes.
According to the Ministry of Agrarian Policy and Food, Ukraine exported 56.72 million tonnes of grain and leguminous crops in the 2019/2020 MY.
The Ministry of Foreign Affairs of Ukraine is introducing the title of Honorary Ambassador of Ukraine, which will be used to reward people whose efforts help popularize Ukraine and everything Ukrainian in the world, Ukrainian Foreign Minister Dmytro Kuleba said. “For the first time since Ukraine gained independence and the establishment of diplomacy of a modern independent Ukrainian state, the Ministry of Foreign Affairs introduces the title of Honorary Ambassador of Ukraine. This title will be granted to lawyers and promoters of Ukraine in the world. So, we will reward, and this will mark and motivate people who are most active promote and protect the interests of Ukraine in the world, without belonging to the system of public agencies of Ukraine or other countries,” the minister said at an online briefing on Friday.
He said that in this way they will reward really special people, “those whose warm hearts and persistent efforts help to popularize Ukraine and everything Ukrainian.”
“In fact, the honorary ambassador of Ukraine will be the highest honor in the field of public diplomacy in Ukraine. I believe that everyone who receives it will be proud that he has such a difference from Ukraine,” Kuleba said.
The minister said that the honor will be granted to individuals and legal entities, Ukrainian and foreign citizens, who contribute to the advancement of Ukraine in the world and strengthen its positive image.
According to him, in addition to the Ministry of Foreign Affairs, embassies and consulates of Ukraine abroad, organizations of foreign Ukrainians and any non-governmental public organization that has expertise in the international relations will also be able to nominate candidates for this title.
At the moment, 104 countries of the world are open for the travel of Ukrainians, where one can get, subject to certain rules, Minister of Foreign Affairs of Ukraine Dmytro Kuleba has said.
“Now 104 countries are open for Ukrainian citizens. Let me remind you that on February 19 there were 95 such countries at the briefing, that is, in a month we added nine countries to this list. Some 104 countries where, subject to certain rules, Ukrainians can now get to,” he said at an online briefing.
Kuleba noted that Iceland, Montenegro, Haiti, Guyana, Bangladesh and Gabon have reopened their borders for Ukrainians.
“The conditions of entry, of course, may include compliance with anti-epidemic requirements. Therefore, I ask you to properly check all the rules of entry, you can do this on our website, which we have created for you – tripadvisor.mfa.gov.ua,” the minister said.
China asks Ukraine to properly resolve the conflict issue surrounding the purchase of Motor Sich shares by Chinese investors, Chinese Foreign Ministry Spokesperson Hua Chunying said at a briefing, answering a question from the RIA Novosti Russian state agency about the reaction to possible nationalization enterprises by decree of the President of Ukraine.
“China asks the Ukrainian side to protect the legitimate rights and interests of Chinese enterprises and investors in accordance with the law and properly resolve the relevant issues,” Chunying said in a transcript of the March 25 briefing on the Chinese Foreign Ministry’s website.
The spokesperson said that the Foreign Ministry was informed about the relevant documents on Motor Sich.
