Dynamics of the exchange rate of hryvnia to U.S. Dollar in 2022-2023
Source: Open4Business.com.ua and experts.news
Denmark will allocate DKK 60 million (USD 8.75 million) to Ukraine to support the fight against corruption under the EU Anti-Corruption Action Program (EUACI), the Danish Ministry of Foreign Affairs reports.
Denmark has been leading the EU’s anti-corruption program in Ukraine (EUACI) since 2016. During his visit to Ukraine today, Danish Foreign Minister Lars Lekke Rasmussen announced support for the third phase of the program.
“Even before Russia’s illegal invasion, Ukraine had made significant progress in the fight against corruption, and even while the country is at war, it has managed to continue its positive development. But there are still areas that can be improved, and it is crucial for Ukraine’s EU dream that we help it achieve its goals,” the Foreign Ministry’s press service quoted Rasmussen as saying.
It is noted that the EU is contributing more than 70 million Danish kroner to the upcoming phase of the program, and Denmark is contributing almost 60 million Danish kroner.
Among other things, the program aims to promote openness and honesty in the reconstruction of Mykolaiv through close cooperation with the mayor and his team. It is planned to develop best practices for the reconstruction of Mykolaiv that can be used in other cities of Ukraine.
The ministry said that Rasmussen provided information on Denmark’s support for the EU’s anti-corruption program at today’s meeting with Ukrainian Foreign Minister Dmytro Kuleba. The two foreign ministers met in the Ukrainian city of Mykolaiv, for the restoration of which Denmark has a special responsibility.
They discussed, among other things, how Denmark and Ukraine can further develop cooperation on Mykolaiv and how Denmark can continue to support Ukraine in its fight against Russian aggression.
The Danish Foreign Minister met with students of Mykolaiv Shipbuilding University as well as the city authorities.
Agrotrade has harvested 73% of its corn acreage and continues threshing it in Chernihiv region, the company’s press service reported on Facebook.
According to the report, the corn yield in Chernihiv region reaches 12 tons per hectare. High corn yields were also recorded in other regions of the agricultural holding’s operations. On average, they yielded 131% of the planned yield.
“High yields and good grain quality were ensured by the correct selection of varieties, an effective fertilizer system and successful insecticide protection. Before commercial sowing, hybrids are pre-tested on the demo fields of the company’s testing centers. This allows us to utilize the highest yield potential,” explained Oleksandr Ovsyanyk, Director of Agrotrade’s Agricultural Department.
The agroholding reminded that in 2023, more than 8.3 thou hectares were allocated for corn in Chernihiv, Sumy and Kharkiv regions. The harvesting of the crop has already been fully completed in Kharkiv region. The highest yield of more than 14 tons/ha was obtained in the frontline area of Sumy region, where the agricultural holding’s employees continue to work under regular shelling.
As reported, in 2023, Agrotrade exported about 350 thousand tons of grain, of which 35%, or 116 thousand tons, was the share of its own products, and 65%, or 230 thousand tons, was from third-party producers.
The Agrotrade Group is a vertically integrated holding company with a full agro-industrial cycle (production, processing, storage and trade of agricultural products). It cultivates over 70 thousand hectares of land in Chernihiv, Sumy, Poltava and Kharkiv regions. Its main crops are sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators with a simultaneous storage capacity of 570 thousand tons.
The group also produces hybrid seeds of corn and sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20 thousand tons of seeds per year was built on the basis of Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand Agroseeds on the market.
Vsevolod Kozhemiako is the founder and CEO of Agrotrade.
Change in consumer prices in October 2023
Source: Open4Business.com.ua and experts.news
In 2023, the Stellantis representative office in Ukraine (Peugeot, Citroёn, Opel, DS Automobiles, Jeep) sold approximately 5.1 thousand new passenger cars and light commercial vehicles (LCVs) in the dealer network, taking more than 7% of the market, the representative office’s press service reports.
As reported, in 2022, the share of Stellantis brands, whose sales amounted to 3 thousand units, accounted for 6.84% of the passenger car and light commercial vehicle market.
Thus, in 2023, car sales of the five brands increased by almost 70%, and the market share increased slightly, given that the market for new passenger cars and LCVs grew by 63.5% by 2022 to 65.1 thousand units (including 65.1 thousand passenger cars and about 7.4 thousand commercial vans/vans).
“Thus, the total growth of Stellantis brands exceeded the growth of the new car market in Ukraine by 6%. Moreover, the end of the year was very positive: in December, sporadic sales growth allowed Stellantis to take 9.7% of the market, which may signal a steady increase in sales in 2024,” the press service said.
According to the representative office, Peugeot became the sales leader among the brands (in 2022, Citroen won this position from it – IF-U) with a 74% increase in sales to 2.17 thousand units, which allowed it to take about 3% of the car market (in 2022 – 2.81%).
The best-selling models were the crossovers Peugeot 3008 (470 units) and Peugeot 2008 (348 units), while vans and venereologists Peugeot Boxer (294 units), Peugeot Partner (168 units) and Peugeot Rifter (144 units) were consistently popular.
Among passenger cars, the Peugeot 301 sedan (198 units) and the new Peugeot 408 crossover fastback (194 units sold in less than a year on the market) were good sellers.
In addition, the company considers the launch of a completely new product – the Peugeot Landtrek pickup truck – a success (225 vehicles sold in less than a year).
Sales of the Citroen brand increased by 58% to more than 2 thousand units, which allowed it to take 2.8% of the market (in 2022 – 2.87%).
Among passenger cars, the most popular models were the large Citroen C5 Aircross crossover (386 units sold), the Citroen C-Elysee sedan (340 units) and the Citroen C3 compact hatchback (196 units), and among commercial vehicles – the large Citroen Jumper (498 units) and the compact Citroen Berlingo (368 units).
“Thanks to the wide LCV lineup, Citroen is becoming a leader in sales of special vehicles and converted vehicles,” the press release states.
Sales of the German brand Opel, according to Stellantis Ukraine, increased by 96.5% last year to 890 units, with a market share of 1.2%, and the best-selling vehicles were the compact Opel Combo (344 units) and the mid-size crossover Opel Grandland (297 units). The compact crossovers Opel Mokka (104 units) and Opel Crosland (74 units) were in good demand.
The premium brand DS Automobiles sold 69 units (in 2022 – 62 units), with the largest number of DS 4 hatchbacks sold (47 units).
The company considers its relaunch by a new importer to be the main achievement for the Jeep brand in the Ukrainian market.
“The comprehensive ‘relaunch’ of the brand in Ukraine took place at the end of 2023, so Jeep’s sales results are not yet indicative. However, 2024 should demonstrate the full strength of the brand, especially given the replenishment of the model lineup,” the press release says.
As reported, the lineup for the brand launch has been formed, price lists have been announced, and new dealerships are starting to operate in the largest cities of Ukraine.
“This year, the model lineup will be complemented by the compact crossover Jeep Avenger, which is already on the market,” the press release said.
The report reminds that Stellantis Ukraine has been providing free repairs of state and municipal vehicles since March 2022: 2.7 thousand vehicles have been repaired to date, more than 10.5 thousand applications for repairs and maintenance have been submitted, and the total cost of work exceeds UAH 75 million.
Stellantis was formed in mid-January 2021 as a result of the merger of PSA Group and Fiat Chrysler Automobiles NV (FCA).
According to the AUTO-Consulting information and analytical group, Stellantis Ukraine ranked fourth in the rating of the largest Ukrainian passenger car market operators in 2023 with a share of 7.1% (after Toyota Ukraine, Renault Ukraine, and UkrAVTO), up from fifth in 2022.
In 2022, sales of new passenger cars and LCVs of four brands (excluding Jeep) in the Stellantis Ukraine dealer network decreased by 73%, and the market share decreased by 2.7 percentage points.
The shareholders’ meeting of Avangard Insurance Company (Kyiv) has decided to increase the authorized capital by 4 times, up to UAH 48 million, by holding a share issue worth UAH 36 million, according to the insurer’s official information posted in the information database of the National Securities and Stock Market Commission (NSSMC).
It is noted that during the private issue it is planned to place 36 thousand shares with a par value of UAH 1 thousand.
Avangard Insurance Company was registered in November 2004. It specializes in risk insurance.
The company’s shareholders are LLC “AVT-Boutique” (Kyiv) with 47.51% and six individuals with stakes ranging from 9.5% to 9.8%.
The authorized capital is UAH 12 million.
