Business news from Ukraine

Business news from Ukraine

Demand for electric vehicles in Ukraine increased 2.3 times

In February, registrations of electric vehicles (new and used) in Ukraine increased 2.3 times compared to the same month in 2023 – up to 3.924 thousand units, including the share of new ones at 24%, Ukravtoprom reported on its Telegram channel.

The bulk of the electric vehicles registered during the month were passenger cars – 3,881 thousand units (new – 926 units, used – 2,955 units), and only two of the 43 commercial vehicles were new.

The top five new electric cars on the market in February were formed by: Volkswagen iD.4 – 257 units; BYD Song Plus – 104 units; Honda eNS1 – 96 units; Nissan Ariya – 71 units and Honda M-NV -49 units.

The TOP-5 of the first-time registered used cars in January included Nissan Leaf – 416 units; Tesla Model 3 – 380 units; Tesla Model Y – 279 units; Volkswagen e-Golf – 210 units and Hyundai Kona Electric -161 units.

As reported, in January of this year, Ukrainians purchased more than 3.5 thousand electric vehicles, which is 2.8 times more than in January 2023, with the share of new cars amounting to 24%.

In total, 7.5 thousand electric vehicles were registered for the first time in Ukraine in two months, 2.5 times more than a year earlier.

In 2022, according to Ukravtoprom, registrations of electric cars in Ukraine increased 2.8 times to 37.6 thousand, with new cars accounting for 20% compared to 17% a year earlier.

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“Avto-Region” plans to increase Temsa’s share of Ukrainian bus market to 10% through school transportation

Auto-Region, the exclusive distributor of Turkish Temsa buses in Ukraine, plans to sell about 100 buses of this brand in 2024, which will increase its market share to 10% compared to 2% in 2023, when 20 buses were sold, said Mykyta Haidamakha, head of the bus production department.

“Last year our share was 2%, but this was the beginning of a joint production of buses with Temsa in Ukraine, and this year we plan to sell at least 100 buses primarily through participation in the School Bus state program,” he said at a press conference at the Interfax-Ukraine agency on Wednesday.

He clarified that to date the company has managed to achieve a localization level of almost 20%, and is now working to increase this share this year to 25%, taking into account the requirements of the localization law.

According to him, two models are now localized in Ukraine: the Prestij SX intercity bus with 30 seats and a school bus based on this model.

“As of today, the first production batches of these models are at the final stage of production and will be available for order starting in April,” the expert specified.

At the same time, he added that for the implementation of the production program, large contacts have already been signed with Ukrainian component manufacturers.

As the head of the company’s sales department, Oleksandr Butenko, clarified, Ukrainian components in the bus include seats, double-glazed windows, autonomous heating systems, and interior furnishings.

“Currently negotiations are underway with a Ukrainian company about installing a Smart Bus system, and this is a warning system that can find the nearest shelters, and even allows parents to see their children on the bus,” Butenko clarified.

Haidamakha, in turn, emphasized that the company is currently developing a large investment project and plans to protect it with the aim of starting production in Ukraine of all buses of the Temsa model line.

“In particular, yesterday we received the first updated model of a tourist bus with 55 seats, we are attracting engineers to study the product, and we will look for ways to localize it here,” he said.

In addition, the possibility of creating a school bus with an electric motor is being considered, the project of which is planned to be implemented in the near future.

According to him, the Temsa school bus is significantly more expensive than models from domestic manufacturers, its cost is UAH 4 million 950 thousand

“But we do not set the goal of competing on price. The main goal that we have set with our partners is not so much the development of production as the transfer of experience and standards operating in the world to Ukraine. We want to show by our example that such transport is more expedient, and change the existing market in Ukraine,” Haidamakha emphasized.

He expressed the opinion that Ukraine, when forming a state transport strategy, needs to understand how certain savings in procurement will then result in overpayment in the future, when the need arises to replace it with equipment that meets European standards.

Haidamakha noted that today in Ukraine many tenders for the supply of electric buses with funds from European financial institutions remain without applications and are postponed due to the fact that manufacturers cannot fulfill the customer’s conditions.

In addition, in his opinion, the bottleneck in the localization law is the inability to cover the existing demand in Ukraine for the supply of tourist buses for government agencies.

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“Avtomagistral-Pivden” wins tender for construction of transport interchange for UAH 1.936 bln

Avtomagistral-Pivden LLC has won a tender for the construction of a transport interchange in Mykolaiv region with a bid of UAH 1.936 billion.

According to the announcement on Prozorro, the customer was the Service for Infrastructure Restoration and Development in Mykolaiv region. The expected cost of the works was UAH 2.28 billion.

The Eurotransmost consortium also participated in the tender with a final offer of UAH 1.937 billion.

The works under the tender include the construction of an interchange at different levels across the Southern Bug in Mykolaiv to the public road of national importance M-14 (Odesa-Melitopol-Novoazovsk). The length of the road surface is 8.3 km. The expected completion date is April 30, 2025.

According to Prozorro, the tender was held on February 8, and on March 6, Avtomagistral-Pivden published a notice of intent to conclude a contract based on the results of the tender.

Avtomagistral-Pivden LLC has been on the market since 2004. It designs and builds highways, bridges, interchanges, airfield complexes, and hydraulic structures. The company’s owner is listed in Opendatabot as Oleksandr Boyko. According to the financial results for 2022, the company’s net profit amounted to UAH 241.9 million, and net income was UAH 7.5 billion.

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Extended access to Kyivstar TV and selection of films inspired by women’s achievements

From March 7 to March 10, 2024, Kyivstar TV will provide access to the platform’s content at no extra charge so that Ukrainians can legally watch their favorite movies, TV series, cartoons and shows. The platform has also prepared a selection of films that once again showcase the achievements of women in various fields and raise acute social issues.

Free access to the film and TV platform* will be available to all users, regardless of whether they are new to Kyivstar TV or already active users. It also does not matter what mobile operator or Internet provider the viewer uses. To get access to Kyivstar TV, new users simply need to log in to the platform with their phone number.

Today, the platform offers more than 20,000 movies, series, cartoons and shows and 400 TV channels. Kyivstar TV also has many important Ukrainian films in its VOD library, including those nominated for international film awards. The platform also offers movies from such well-known film companies as Warner Bros., Disney, and Paramount. And in 2024, the video library will be replenished with films and TV series from new world-famous studios.

Films on Kyivstar TV about inspiring women

“Barbie is still in the top of the most popular films of 2023. The director Greta Gerwig combines the issues of sexualization, feminism, patriarchy, trends, depression, imitation of perfection and debunking myths about it, about finding yourself in this world!

“Hidden Figures is an incredible, hitherto untold story of Katherine Johnson, Dorothy Vaughan and Mary Jackson, brilliant African-American women who worked at NASA and made scientific calculations for one of the greatest operations in history – the launch of astronaut John Glenn into orbit. It was a remarkable achievement that revived American national pride, changed the balance of power in the Space Race, and excited the world.

“Coco to Chanel is a film biography about the legendary personality – designer Coco Chanel. The plot focuses on the time when she was not yet a famous trendsetter who dressed a woman in a man’s suit and a little black dress and was called Gabrielle Chanel.

More movies on Kyivstar TV Telegram channel

* The offer does not apply to the content of the “Purchase” category. We remind you that pay-per-view content is a requirement of copyright holders, so you can find paid content on all OTT services.

Kyivstar TV is a joint project of 1+1 media and Kyivstar, founded on December 11, 2019. It is a film and television platform that provides users with access to hundreds of thousands of hours of domestic and foreign content, live programs, and regularly offers exclusive pre-premiere screenings of projects. The platform has more than 400 TV channels and a VOD library of 20 thousand movies, TV series, cartoons and shows.

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External financing of the state budget as of June 14, 2023, USD bln

External financing of the state budget as of June 14, 2023, USD bln

Source: Open4Business.com.ua and experts.news

Hryvnia deposits increased by 2.3% in February – National Bank

The 2.9% decline in hryvnia deposits in January after a 4.6% increase in December was seasonal and not related to the discussion of the draft law on mobilization, as evidenced by the 2.3% increase in hryvnia deposits in February, National Bank of Ukraine Governor Andriy Pyshny said.

“From year to year, customer account receipts increase at the end of the year and decrease at the beginning. This is a logical trend that was also present in peacetime. Businesses and the government try to complete all payments, including salaries, by the end of the year, and at the beginning of the next year, people spend or invest these funds,” Pyshnyi explained the seasonality effect.

According to him, the National Bank did not see any noticeable impact on the dynamics of deposits from the draft law on mobilization and “fake news” about the alleged introduction of taxation on all card transactions, which was refuted by the Ministry of Finance.

“Moreover, in the first weeks of its (the draft law on mobilization) discussion, the balances continued to increase. In addition, the relevant parliamentary committee has clearly stated that it will not support the provision on blocking accounts. This is possible, as it is now, only in court,” he emphasized.

Pyshnyi also clarified that the central bank did not make “any breakthrough innovations” regarding the disclosure of banking secrecy in February.

“We only clarified the terminology in accordance with the changes in the legislation on access to information, which the authorized state bodies had had before these changes in accordance with the established procedure. The NBU will continue to support initiatives aimed at combating the shadow sector, while strictly upholding the protection of the confidentiality of banking operations in accordance with international standards. we have only clarified the terminology,” the NBU governor said.

The NBU on its Facebook page followed the governor and reminded that in 2023, the amount of hryvnia funds held by households in banks increased by UAH 121 billion, or 20.5%, and reached a historic high of UAH 711 billion, and as of early March, households kept about UAH 707 billion in hryvnia accounts in banks.

“These indicators demonstrate confidence in banks and the national currency, and the share of time deposits of individuals in hryvnia increased by 4.2 percentage points over the year. Despite the widespread war, the level of dollarization of household deposits decreased by more than 2 percentage points to about 34%,” the regulator said.

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