Business news from Ukraine

Business news from Ukraine

ONE OF THE LARGEST EXPORTERS OF VEGETABLE OIL IN UKRAINE BOOSTS VEGETABLE OIL STORAGE CAPACITIES

Allseeds, one of the largest producers and exporters of vegetable oil in Ukraine, has expanded the oil storage facilities at a terminal in the Pivdenny port (Odesa region) by 2.4 times, to 100,000 tonnes, according to a posting on the website of the group on Tuesday. “Recently, the capacity of the tank farm here has increased from 42,000 tonnes to 100,000 tonnes for one-time oil storage. The company is ready to fill tankers at seven loading points from six berths belonging to TIS company with a speed of up to 1,200 tonnes/hour,” the company said.
The company said that such capabilities in logistics and active mutually beneficial cooperation with partners allowed Allseeds in April 2019 to set its own transshipment record of about 100,000 tonnes of vegetable oil which corresponds to 1.2 million tonnes per year.
“So far [1.2 million tonnes a year]… Because the development plan implementation of the company’s oilseed-processing and terminal complexes in Pivdenny and its infrastructure continues,” the company said.
Allseeds Group was founded in 2010.

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RETAIL TRADE TURNOVER IN UKRAINE IN JAN-APR INCREASES BY 7.9%

Retail trade turnover in Ukraine in comparable prices in January-April 2019 increased by 7.9% compared to January-April 2018, the State Statistics Service has reported.
According to its data, in April 2019 retail trade turnover compared with March 2019 decreased by 2.2%, and compared with April 2018 it grew by 9.1%.
The largest increase in the retail trade turnover of enterprises (legal entities and individual entrepreneurs) in January-April 2019 compared with January-April 2018 was recorded in Vinnysia (by 13.5% compared to the same period in 2018), Kyiv (10.9%), Donetsk (10%), Dnipropetrovsk (9.9%), Lviv (9.9%) and Ternopil (9.9%) regions.
The leaders in absolute terms of the volume of retail turnover in the first four months were: Kyiv city (UAH 61.378 billion), Dnipropetrovsk (UAH 30.284 billion), Kharkiv (UAH 25.501 billion), Kyiv (UAH 23.033 billion), Odesa (UAH 22.854 billion), and Lviv (UAH 19.878 billion) regions.
According to statistics, in Donetsk region, retail trade turnover in January-April increased 10% (to UAH 10.236 billion), Luhansk – by 6.4% (to UAH 2.999 billion).
The State Statistics Service said that the turnover of retail enterprises (legal entities) in April 2019 compared with April 2018 increased by 9.8%, and compared to March 2019 it fell by 2.2%, to UAH 60.902 billion. In January-April 2019, the turnover of retail enterprises rose by 8.6%, to UAH 231.597 billion.
The wholesale turnover of enterprises in January-April 2019 compared with January-April 2018 decreased by 5.3% and amounted to UAH 680.945 billion.
As reported, the retail trade turnover of Ukraine in 2018 increased by 6.1%.

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REQUEST FOR RADICAL CHANGES IN UKRAINE CONTINUES GROWING AND REACHES 87%

A request for radical changes in the country continues growing among the population of Ukraine and has reached an index of 87%, according to a survey conducted by Sociological Group Rating on May 16-21 and released. “Only 5% support stabilization of the situation, 6% support returning to the past. A request for changes is inherent in the absolute majority of representatives of all age, regional and electoral groups,” Rating’s press service said on Wednesday.
The survey was conducted from May 16 to May 21, 2019 among Ukrainians aged 18 and older. Some 2,000 persons took part via face-to-face interview. The sampling was representative of age, gender, region and type of settlement. The margin of error of poll results does not exceed 2.2%.

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MORE THAN 70% OF UKRAINIAN CITIZENS SUPPORT PARLIAMENT DISSOLUTION AND EARLY ELECTIONS

More than 70% of respondents surveyed by sociologists have said they support the idea of dissolving the Verkhovna Rada and holding early parliamentary elections, according to a poll conducted by the Rating sociological group on May 16-21, 2019 and published on Wednesday. At the same time, the highest level of support for the dissolution of parliament and the holding of early elections is in the South and the East of Ukraine which is more than 80%. In other regions, the dissolution of the Verkhovna Rada is supported by at least 60% of the respondents.
“There is a certain difference in the attitude to the holding of early elections among the supporters of the Petro Poroshenko Bloc’s Solidarity Party, most of whom are against this initiative,” the release of the Rating says.
The audience of the survey is the population of Ukraine who is older than 18 years. The sample is representative by age, gender, region, and type of settlement. The sample of population is 2,000 respondents, who were interviewed by means of face-to-face talk. An error of representativeness of the study is no more than 2.2%.

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UKRAINE’S TRANSPORT COMPANIES INCREASE CARGO TRANSPORTATION BY ALMOST 9.1%

Transport enterprises of Ukraine in January-April 2019 increased cargo transportation by 9.1% compared to January-April 2018, to 218.7 million tonnes. The State Statistics Service said freight turnover for this period increased by 2.8%, to 110.2 billion tonne-kilometers.
According to statistical data, in January-March 2019, some 86.2 million tonnes of cargo were transported by rail within the country and for exports, which is 0.4% less than in January-April 2018.
Transportation of timber decreased by 59.9%, construction materials by 24%, scrap ferrous metals by 17.7%, coke by 9.2%, ferrous metals by 3.9%, and coal by 4%. At the same time, transportation of iron and manganese ore grew by 3.8%, chemical and mineral fertilizers by 4%, grain and cereals by 19.9%, oil and petroleum products by 6.8%, and cement by 10.9%.
In January-April 2019 compared with the same period last year, the volume of cargo transported by pipelines increased. Thus, gas pumping fell by 0.4%, oil rose by 5.5%, gas transit grew by 5.6%, and oil grew by 5.7%. Pumping and transit of ammonia increased 20.8% and 17.7%, respectively.

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