Farmak pharmaceutical company (Kyiv) plans to invest UAH 1.2 billion in production development in 2020, which is 30% more than last year, and also increase the number of staff. According to the company’s press service, with reference to executive director of Farmak Volodymyr Kostiuk, in 2019 investments for these purposes amounted to UAH 900 million.
“In 2019, we invested about UAH 900 million in the development of production, in 2020 we plan to invest UAH 1.2 billion. The expansion of production leads to an increase in the number of personnel,” he said.
According to Kostiuk, the issue of personnel remains acute for the company.
“We create the most comfortable working conditions for specialists and provide competitive wages. Today we compete with European companies in terms of wages in relation to the average check in a particular country. In 2019, wages at Farmak increased by 14%,” he said.
The top manager also said that in 2019 Farmak expanded its cold, allergological, neurological, gastroenterological product portfolios and is working on complex drugs that it plans to bring to the market in 10-15 years.
The main areas remain cold, endocrinological, gastroenterological, cardiological, neurological portfolios.
Official rates of banking metals from national bank as of january 22
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 22/01/20
Source: National Bank of Ukraine
Odesa Port-Side Chemical Plant, which in recent years during the crisis has been working mainly on tolling, in 2019 increased production of carbamide by 82.1%, to 324,600 tonnes, but reduced production of ammonia by 78.7%, to 29,900 tonnes.
“Last year, 2.549 million tonnes of ammonia were exported, of which 18,600 tonnes of own production, in particular 352,300 tonnes of carbamide, of which 288,500 tonnes of own production,” the company reported.
According to the report, 76,800 tonnes of ammonia were shipped to domestic consumers, of which 3,400 tonnes of domestic production, as well as 3,600 tonnes of carbamide.
In accordance with the plant’s report for 2018, some 2.170 million tonnes of ammonia and 178,300 tonnes of carbamide were handled that year.
Odesa Port-Side Chemical Plant manufactures chemical products, as well as transports chemical products to maritime transport. The state, represented by the State Property Fund, owns 99.5667% of the plant’s shares, while 0.0021% is owned by Concorde Capital LLC, other individual shareholders hold 0.4312%.
Ukraine in January-December 2019 exported 7,190 tonnes of cheese, which is 13.8% less than in 2018.
According to the State Customs Service, in monetary terms exports amounted to $26.88 million, which is 12.7% less than in 2018.
At the same time, cheese imports in 2019 increased by 1.7 times, to 23,720 tonnes. In monetary terms, imports increased by 1.6 times compared to 2018, to $108.87 million.
Last year, export of butter from Ukraine decreased by 1.7 times, to 18,280 tonnes, in money terms also by 1.7 times, to $77.1 million. According to the State Customs Service, import of this product increased by 3.1 times, to 3,410 tonnes, in money terms by 2.2 times, to $16.46 million.
In addition, export of milk and cream (condensed) in 2019 rose by 0.9%, to 35,810 tonnes. In January-December 2019, Ukraine supplied condensed milk and cream for a total of $76.22 million (29.1% more compared to 2018). Imports of this group of goods grew by 8.8%, to 2,560 tonnes, in monetary terms by 1.2%, to $5.78 million.
Ukraine in January-December 2019 increased export of poultry by 26%, to 414,490 tonnes, the State Customs Service has reported. According to its report, in monetary terms exports of these products increased by 14.2%, to $578.63 million. In 2019, import of poultry and offal increased by 0.6% and amounted to 131,180 tonnes, in monetary terms by 1.2%, to $52.53 million.
In addition, according to the agency, pork exports in January-December 2019 amounted to 2,260 tonnes, which is 28.6% more than in 2018. These products were delivered for a total of $5.27 million (39.6% more).
Pork imports to Ukraine last year decreased by 18.8%, to 23,190 tonnes. Pork was imported to the country for $44.23 million, which is 14.8% less than the figure for 2018.
