The share of companies planning to attract loans in the next 12 months has reached 41.5% in the second quarter of 2019 compared to 38.2% a quarter earlier, according to the results of a regular survey of enterprises’ business expectations announced by the National Bank of Ukraine (NBU). The largest share of such companies accounted for the manufacturing industry, those of energy and water supply, the document says.
According to the survey, enterprises, as before, prefer loans in the national currency: their share increased to 79.1% in the second quarter compared to 78.1% in the first quarter.
The National Bank noted that large enterprises, as well as those companies that conduct export-import operations are more inclined to attract loans in foreign currency.
At the same time, the share of respondents planning to attract foreign loans rose in the market up to 10.4% in the second quarter compared to 9.7% in the previous quarter.
Deputy Head of the Presidential Office of Ukraine Ruslan Riaboshapka has said new heads of Ukraine’s National Agency on Corruption Prevention (NACP) will be appointed in the coming months. “We have ‘lost’ the NACP chief. Probably, taking into account your harsh comments, he decided not take any risks and wrote a letter that he would not attend today’s meeting. I think that in two months we will have a new NACP head. In order to execute your instructions, a draft law has been written. We will wait for the new parliament to start work before submitting it,” Riaboshapka said on Thursday in Kyiv during a meeting of the national council on anti-corruption policy chaired by Ukrainian President Volodymyr Zelensky.
NACP is headed by Oleksandr Manhul.
Official rates of banking metals from national bank as of july 18
One troy ounce=31.10 grams
Mykhailo Fedorov, the adviser to the president of Ukraine, at a meeting with the representatives of Japanese business presented an action plan in the development of digital economy and got acquainted with the proposals of the foreign guests.
“Electronic services, the improvement of state registers, the e-residency project should make doing business in Ukraine easy and transparent. We are very interested in attracting investment and advanced innovations of Japan to develop joint projects in the field of the Internet of Things, Industry 4.0, Smart Cities, electronic identification, the development of R&D centers, etc.,” he said.
He noted that the development of digital economy is one of the priorities of President Volodymyr Zelensky.
“Today we are uncompetitive in the world, ineffective – only digitalization of economic sectors can help us make the leap and achieve real economic growth. Together with the core business and the public, we defined clear objectives and goals until 2024,” the adviser said.
The representatives of Japanese business focused on the problematic issues of doing business in Ukraine, such as the complexity of interaction with the tax and migration services, hiring workers, etc., as well as the key interests of Japanese business [in particular, the introduction of R&D centers and various innovation projects].
National bank of ukraine’s official rates as of 18/07/19
Source: National Bank of Ukraine
Kernel, one of the largest Ukrainian agricultural groups, in the 2019 fiscal year (FY, July-June) increased sales of grain by 2.2 times compared with the previous FY, to 10.445 million tonnes. According to the company’s website, sales of sunflower oil increased by 15% compared to the same period of the previous fiscal year, to 1.6 million tonnes.
Sales of bottled oil during this period grew by 10% compared with the previous year and amounted to 131 million liters.
In the 2019 FY, the plants of the holding processed 3.2 million tonnes of oilseeds (sunflower and soybeans), which is almost the same as last year.
Grain exports from Ukraine over the year amounted to 6.1 million tonnes (58% more). Transshipment of grain at the export terminals of the agricultural holding in Ukraine in the 2019 FY rose by 12%, to 4.6 million tonnes, in the Russian Federation decreased by 28%, to 1.4 million tonnes.
