Business news from Ukraine

Business news from Ukraine

KYIVSKY CARDBOARD PAPER MILL PRODUCES GOODS WORTH UAH 5.16 BLN, WHICH IS 17.7% UP YEAR-OVER-YEAR

Kyivsky cardboard paper mill (Obukhiv, Kyiv region), a leader in Ukraine’s pulp and paper industry in terms of production and sales, produced goods worth UAH 5.16 billion in January-November 2018, which was 17.7% up year-over-year. Thus, production growth in January-November 2018 was retained compared to the same period last year, the UkrPapir association said. Corrugated packaging output grew by 8.8%, to 219.9 million square meters, which was the second highest result among producers of corrugated packaging in Ukraine after Rubizhne cardboard packaging mill in Luhansk region (with Trypilsky packaging plant).
Production of cardboard increased 2.9%, to 190,900 tonnes. Production of package cardboard alone grew by 11.4%, to 128,500 tonnes, while box cardboard output fell by 11%, to 62,400 tonnes.
Production of base paper (for sanitary products) stood at 73,500 tonnes, which is 6.4% up. Toilet paper output grew by 5.5%, to 393.8 million rolls.
Corrugated packaging output in total in Ukraine (including other producers) grew by 0.4% January through November 2018, to 879.1 million square meters, that of paper and cardboard increased by 4.3%, to 879,100 tonnes and toilet paper – by 7%, to 590.8 million rolls.
Kyivsky cardboard paper mill is one of the largest cardboard and paper producers in Europe. It employs almost 2,200 people. It sells produce to almost 700 companies in Ukraine, some CIS member states and the rest of the world.

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NEW MARKETS OF 24 STATES COULD OPEN FOR POULTRY PRODUCTS FROM UKRAINE

Now new markets for Ukrainian products are opening today, and the compatibility of the poultry exports public supervision system is being assessed, and in 2019-2020 it is expected that markets of 24 states will open, the State Service of Ukraine for Food Safety and Consumers’ Rights Protection has said. According to a report on the website of the authority, over the past two years, 21 countries have opened new markets for Ukrainian poultry products. In particular, the markets of 14 countries were opened for the export of poultry meat and products and the markets of seven countries for the export of eggs and egg products. As reported, in the middle of December 2018, Ukraine and Morocco agreed on a veterinary certificate for the export of Ukrainian egg products, and in November, Ukraine and Tunisia – for the export of Ukrainian poultry meat.

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LAW ON NATIONAL BUDGET FOR 2019 OFFICIALLY PUBLISHED IN HOLOS UKRAINY NEWSPAPER

The law on the national budget of Ukraine for 2019 (No. 2629-VIII) has been officially published in the Holos Ukrainy newspaper. According to the text of the law, the revenues of the national budget of Ukraine for 2019 are determined in the amount of UAH 1.026 trillion, in particular revenues of the general fund of the national budget in the amount of UAH 928.508 billion, and revenues of the special fund in the amount of UAH 97.624 billion, Appendix No. 1 to this law reads.
The expenses of the national budget of Ukraine are determined in the amount of UAH 1.112 trillion, in particular expenses of the general fund of the budget in the amount of UAH 1.006 trillion, and expenses of the special fund some UAH 106.362 billion.
Payment of loans to the national budget of Ukraine is provided in the amount of UAH 9.729 billion, in particular the repayment of loans to the general fund in the amount of UAH 8.322 billion, and to the special fund some UAH 1.406 billion.
The issue of loans from the national budget of Ukraine is determined in the amount of UAH 13.720 billion, in particular providing loans from the general fund in the amount of UAH 679.913 million, from the special fund some UAH 13.040 billion.
The ceiling of the national budget deficit is estimated at UAH 89.989 billion, in particular the ceiling deficit of the general fund at UAH 69.617 billion, and the ceiling deficit of the special fund of Ukraine’s national budget at UAH 20.372 billion, according to Appendix No. 2 to this law.

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