Private joint-stock company Mondelez Ukraine (earlier Kraft Foods Ukraine) saw a 5.5-fold rise in net profit in 2017, to UAH 310.2 million.
According to a company report on holding the annual meeting of shareholders scheduled for April 5, 2018, its assets last year slightly fell to UAH 3.305 billion. Fixed assets rose by 8.6%, to UAH 1.345 billion.
Total bills receivable narrowed by 12%, to UAH 843.8 million, and undistributed profit – by 2.3%, to UAH 1.677 billion.
Current liabilities grew by 3.6%, to UAH 1.521 billion.
Mondelez Ukraine is part of Mondelez International group of companies, one of the world’s largest producers of chocolate goods, cookies, sweets, and chewing gum.
The company in Ukraine includes Trostianets confectionery factory (Sumy region) and Chips Lux LLC subsidiary company (Kyiv region).
People’s deputies have proposed to reduce the basic rate of value added tax (VAT) from 20% to 16% with the aim of optimizing payment of this tax, as well as abolish the third group of single tax payers.
Corresponding bill No. 8089 has been registered in the Verkhovna Rada, according to the parliamentary website. Its initiators were people’s deputies Andriy Shynkovych and Hennadiy Chekita (the Bloc of Petro Poroshenko faction).
“The current basic VAT rate of 20%, even if the system of electronic VAT administration is gradually implemented, makes it possible to apply a variety of schemes for VAT evasion in the form of the so called “twists” and fictitious business entities, since their services cost 10-12% and the VAT rate of 20% forces them to use their services to optimize tax burden and legalize the shadow turnover of goods and services,” the authors of the bill explained in an explanatory note to the document.
According to the explanatory note, the draft law proposes to abolish the third group of single tax payers.
The growth of consumer prices in Ukraine in February 2018 was 0.9% compared to 1.5% in January, the State Statistics Service of Ukraine has reported.
According to the agency, in annual terms (February 2018 to February 2017) the growth of consumer prices slowed down to 14% from 14.1% compared to January 2018 from January 2017.
The primary registration of electric vehicles in Ukraine (new and used) in January-February of this year increased by 60% compared to the same period last year, to 482 units, in particular registration of used cars rose by 82%, while that of new ones decreased by 19%, the Ukrautoprom association has reported.
Traditionally, the leader of the primary market of electric cars in the two months was Nissan Leaf, whose sales increased by 32%, to 346 units, with the share of used cars standing at 96%.
BMW i3 ranked second with a significant margin (by 316 units) with 30 registered cars (six times more), including 18 used vehicles.
Tesla Model S ranked third among the top three most popular electric cars in the Ukrainian market with 20 cars registered, including 14 used vehicles.
The association notes that in January-February there were models of electric cars in the market that replenished the Ukrainian fleet with exclusively new cars, namely Hyundai Ioniq (7 cars), Tesla Model X (4 cars), and Chevrolet Volt (2 cars).
The Kyiv international airport (Zhuliany) serviced 130,800 passengers in February 2018, which is 51.6% more than in February 2017, the airport’s press service has reported.
The press service said that the number of passengers on international flights was 124,900 and on domestic flights – 5,900.
The number of flights in February 2018 was 1,648, which is 20.5% more than a year ago, including 1,356 international flights and 292 domestic flights.
The most popular international destinations in February-2018 remained similar to January: Dubai (the UAE), Minsk (Belarus), Ankara (Turkey), Budapest (Hungary), Warsaw (Poland), Memmingen (Germany), Rome (Italy); and domestic – Odesa, Zaporizhia and Lviv.
The European Investment Bank (EIB) and the Eastern Europe Energy Efficiency and Environmental Partnership E5P have signed two donor agreements totaling EUR 16.4 million to support higher education and municipal infrastructure in Ukraine.
“This assistance will be used to upgrade educational institutions. The facades [of their buildings], ventilation, heating and lighting systems will be modernized … The second agreement concerns the heating system in Kryvy Rih: meters will be installed at the consumers’ level,” EIB Vice President Vazil Hudak said at an official event to sign the agreements in Kyiv on Wednesday.
Under the project, EUR 10 million will be spent on measures to improve energy efficiency in seven universities in Ukraine, and EUR 6.4 million will be allocated for upgrading Kryvy Rih’s heating supply systems.
E5P is a multi-donor fund supporting municipal investments in energy efficiency and environmental projects in the Eastern Partnership countries, namely Armenia, Belarus, Georgia, Moldova, and Ukraine.
