Business news from Ukraine

Business news from Ukraine

Estimated number of population in regions of Ukraine based on number of active mobile sim cards (mln)

Estimated number of population in regions of Ukraine based on number of active mobile sim cards (mln)

Source: Open4Business.com.ua and experts.news

Ukrainian companies reduced nickel imports in 2023 but increased aluminum imports

In 2023, Ukrainian companies reduced imports of nickel and nickel products by 74.2% compared to 2022, to $15.391 million ($1.025 million in December), while aluminum and aluminum products increased by 7.7%, to $366.463 million ($31.951 million).
At the same time, it reduced imports of lead and lead products by 65.2% to $989 thousand ($70 thousand), imports of tin and tin products by 23% to $2.728 million ($310 thousand), but increased imports of zinc and zinc products by 18.8% to $45.966 million ($3.665 million).
Exports of aluminum and aluminum products last year increased by 0.7% compared to 2022 to $97.616 million ($8.433 million in December), lead and lead products increased by 23.5% to $14.778 million ($704 thousand), nickel and nickel products amounted to $532 thousand ($24 thousand), while in 2022 it was $1.268 million.
Zinc was exported abroad in 2023 for $130 thousand ($13 thousand in December) against $1.331 million in 2022. Exports of tin and tin products amounted to $159 thousand (up $79 thousand in December) against $424 thousand in 2022.
In addition, in 2022, Ukraine reduced imports of nickel and nickel products by 49.9% compared to 2021, to $59.754 million, aluminum and aluminum products by 33.4%, to $340.398 million. At the same time, it reduced imports of lead and lead products by 66.6%, to $2.839 million.
Imports of tin and tin products fell by 33.5% to $3.312 million, and imports of zinc and zinc products decreased by 58.7% to $38.690 million.
In 2022, exports of aluminum and aluminum products decreased by 42.7% compared to 2021, to $96.972 million, lead and lead products – by 68.7%, to $11.970 million, and nickel and nickel products – by 73.9%, to $1.268 million.
Zinc exports in 2022 amounted to $1.331 million, while in 2021 they amounted to $550 thousand. Exports of tin and products in 2022 amounted to $424 thousand, compared to $346 thousand in the previous year.

, ,

French-Ukrainian Chamber of Commerce announces contest “Created by Women – 2024”

We are honored to announce the launch of the “Created by Women – 2024” competition for Ukrainian women entrepreneurs from the French-Ukrainian Chamber of Commerce CCI France Ukraine!

This year’s competition is being held for the sixth time and aims to support women who did not stop their entrepreneurial activities even during the active phase of the war, to refute the prejudices that exist in business, to empower women entrepreneurs, and most importantly, to inspire all women who are considering starting their own business!

If you are a woman entrepreneur with an existing business in Ukraine, don’t hesitate to apply yourself and recommend it to those who might be interested.

Applications for the award are accepted on the website: https://womanccifu.com/.

The competition was created in 2019 at the initiative of the Businesswomen Committee of the French-Ukrainian Chamber of Commerce and Industry (CCIFU) and has been held for 6 years in a row.

The prize aims to support and develop women’s entrepreneurship in Ukraine, promote gender equality, and contribute to sustainable economic growth.

Are you a woman who started your own business in Ukraine and continue to do business despite the war?

Apply for the Businesswoman 2024 competition. Apply by March 24, 23:59, 2024 and win UAH 150,000 for business development and a trip to Paris.

You may be our future winner!

Ukraine can raise EUR 200 mln in grants from France for infrastructure reconstruction

The Cabinet of Ministers of Ukraine has approved attracting EUR200 million in grants from France for the reconstruction and restoration of critical infrastructure.

According to Taras Melnychuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, who posted on Telegram, the decision taken at a government meeting on Tuesday approved a draft grant agreement between the governments of Ukraine and France to help restore and maintain critical infrastructure and priority sectors of Ukraine’s economy.

The agreement provides for the attraction of grant funds from the French government in the amount of EUR 200 million. They will be used to reconstruct and restore critical infrastructure in sectors such as healthcare, infrastructure, energy, agriculture, water supply and sanitation, waste management, demining, and digital technologies.

, ,

Ukraine increased copper imports in 2023 by 2.2 times

Ukrainian companies in 2023 increased imports of copper and copper products in value terms by 2.2 times compared to 2022 – up to $140.795 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products for this period decreased by 20.1% to $72.078 million.
In December, $20.856m worth of copper was imported and $6.906m was exported.
As reported, Ukrainian companies in 2022 reduced imports of copper and copper products in value terms by 64.3% year-on-year to $65.370 million, while their exports decreased by 56.3% to $90.245 million.

,

Polish farmers will block all border crossings between Poland and Ukraine on February 20

Polish farmers will block all border crossings as well as transport hubs between Poland and Ukraine from February 20, RMF FM writes.

“Not only border crossings will be blocked, but also transport hubs, access roads to railway transshipment stations and seaports,” a communiqué from the Solidarity farmers’ union said, as quoted by Poland’s RMF FM.

Earlier, on February 9, Solidarity announced a 30-day general strike by farmers.

Polish agrarians say they are protesting against the uncontrolled influx of goods from Ukraine into Poland due to the opening of borders by the European Union. It is pointed out that “the lack of regulation calls into question the profitability of agricultural production, processing and other agriculture-related industries.”

“Therefore, for February 20, as part of the 30-day general strike of farmers, we announce that all protests will be aimed at a complete blockade of all Polish border crossings with Ukraine and protests on the ground,” the farmers told Solidarity.

, ,