Business news from Ukraine

Ukraine exported 49.5 mln tons of grains and pulses

As of June 21, 2023-2024 marketing year (July-June), Ukraine exported 49.54 million tons of grains and pulses, up 2.3% year-on-year, according to the website of the Ministry of Agrarian Policy and Food.

According to the report, in June, exports of grains and pulses amounted to 2.608 million tons, while a year earlier this figure was recorded at 3.087 million tons.

In terms of crops, since the beginning of the current season, Ukraine has exported 18.123 mln tonnes of wheat (686 thsd tonnes in June), 2.461 mln tonnes of barley (75 thsd tonnes), 1.6 thsd tonnes of rye (0), and 28.416 mln tonnes of corn (1.366 mln tonnes).

Total exports of Ukrainian flour as of June 21 are estimated at 96.7 thousand tons, which is 35.9% less than a year earlier. In June, Ukraine supplied 4.2 thsd tonnes to foreign markets. At the same time, in 2023-2024 MY Ukraine exported 91.3 thsd tonnes of wheat flour, and in June – 4.1 thsd tonnes.

,

JYSK has opened XL store in Ternopil

On June 20, the international chain JYSK opened a new XL store in Ternopil in the Podolyany shopping center (28h Tektylna Street), the retailer’s press service reports.

“In June, we plan to open 17 new JYSK stores in 12 European countries. We are pleased that JYSK Ukraine is part of this expansion. Despite the air alerts, we have opened two new stores this month,” the press service of JYSK Country Director in Ukraine quotes Yevhen Ivanitsa as saying.

The new store is the second in Ternopil, with a selling area of 1238 square meters, a warehouse of 410 square meters, plus a separate office space of 51 square meters. The new store in Ternopil was built according to the 3.0 concept, which provides better spot lighting, more modern design and a more comfortable zonal arrangement of goods for the customer.

The press service added that the expanded area makes it possible to offer customers a wider range of products. In particular, some of the products that are usually available only on the Internet are presented here.

Currently, there are 97 stores and the jysk.ua online store in Ukraine. The plan is to reach 100 stores by the end of 2024. The candidate cities for the 100th store have been preliminarily identified – it will be either Kalush or Kryvyi Rih in August.

JYSK has more than 800 employees in the country.

JYSK is part of the family-owned Lars Larsen Group with more than 3.4 thousand stores in 48 countries.

JYSK’s revenue in the financial year 2022/23 amounted to EUR 5.2 billion.

, ,

Starting July 5, artifacts from Scythian gold collection will be on display in Kyiv museum

The Treasury of the National Museum of History of Ukraine, with the support of the Ministry of Culture and Information Policy of Ukraine and the BGV Charitable Foundation, will launch the exhibition project “Treasures of Crimea. The Return”.

According to the press service of the Ministry of Culture, the exhibition will actually become permanent in the museum and will last until the final de-occupation of Crimea, after which the collection is planned to be moved to the peninsula.

As reported, in November 2023, the Allard Pearson Museum transferred to Ukraine artifacts from four Crimean museums previously exhibited in Amsterdam.

,

Oil prices slightly decline, Brent $85.63 per barrel

Oil prices are falling slightly on Friday after rising in the previous session due to data on the decline in US stocks.

Commercial oil inventories in the United States last week decreased by 2.55 million barrels, the country’s Energy Ministry said on Thursday. Commercial gasoline stocks fell by 2.28 million barrels, distillate stocks by 1.73 million barrels.

The cost of August futures for Brent on the London ICE Futures exchange as of 8:20 a.m. is $85.63 per barrel, which is $0.08 (0.09%) lower than at the close of the previous trading. On Thursday, these contracts rose in price by $0.64 (0.8%) to $85.71 per barrel, the highest since April 30.

Futures for WTI for August in electronic trading on the New York Mercantile Exchange (NYMEX) fell by $0.06 (0.07%) to $81.23 per barrel by this time. As a result of the previous session, the value of these contracts increased by $0.58 (0.7%) to $81.29 per barrel.

Since the beginning of this week, both Brent and WTI have risen in price by about 4%.

The oil market is supported by signals of growing demand for petroleum products in the country, in addition to data on declining stocks in the United States. According to the American Automobile Association, a record number of Americans will travel this year during the US Independence Day holidays.

“In general, the inventory data shows that the oil market is shrinking,” said Vivek Dhar, an analyst at Commonwealth Bank of Australia, as quoted by Bloomberg. – “The key risk that could lead to a decline in oil prices in the short term is the possibility of a weaker-than-expected increase in oil demand in China.

,

Attitudes toward Arab Republic of Egypt among Ukrainian citizens are mostly positive – study

Active Group and Experts Club have conducted a joint study on the attitudes of Ukrainians towards the countries of East Asia and the Middle East. The study was presented at the Interfax-Ukraine news agency in June 2024. The research was presented by Maksym Urakin and Oleksandr Poznyi. The results of the study are as follows:

The results of the survey are as follows:
Completely positive – 7.9%.
Mostly positive – 38.8
Mostly negative – 13.4
Completely negative – 1.2
Difficult to answer – 38.8%.
Positive – Negative – 32.1

On January 25, 1992, diplomatic relations between Ukraine and the Arab Republic of Egypt were established.

The joint research by Active Group and Experts Club on the attitudes of Ukrainians towards the countries of East Asia and the Middle East was conducted in April-May 2024. It covers such countries as Turkey, Iran, Israel, Egypt, Jordan, Saudi Arabia, UAE, Afghanistan, Pakistan, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Kazakhstan, Georgia, Armenia, India, China, Republic of Korea, DPRK, Japan, Vietnam, Indonesia, Syria, and Iraq. Full information on the research is available on the website of the Club of Experts at

https://expertsclub.eu/rezultaty-spilnogo-socziologichnogo-doslidzhennya-provedenogo-experts-club-ta-kompaniyeyu-active-group-shhodo-stavlennya-ukrayincziv-do-krayin-blyzkogo-shodu-ta-czentralnoyi-aziyi/

Video – https://interfax.com.ua/news/video/986648.html

, , , ,

International chain JYSK opened a new store in Ternopil

International chain JYSK on June 20 opened a new store in Ternopil in XL format in the shopping mall “Podolyany” (28h Tekstilna street), the press service of the retailer reported.

“In June it is planned to open 17 new JYSK stores in 12 European countries. It is nice that JYSK Ukraine is part of this expansion. Despite air alerts, we opened two new stores this month,” the press service quotes Country Director of JYSK in Ukraine Eugene Ivanytsu.

The new store is the second in Ternopil, its sales area is 1238 square meters, warehouse – 410 square meters, plus a separate office space of 51 square meters. m. The new store in Ternopil is built according to the 3.0 concept, which implies better spot lighting, more modern design and more comfortable for the customer zonal arrangement of goods.

The press-service added that the expanded area allows to offer customers a wider range of goods. In particular, some of the goods, which are usually available only online, are presented here.

Currently, 97 stores and the online store jysk.ua operate in Ukraine. By the end of 2024 it is planned to reach the mark of 100 stores. The candidate cities where the 100th store will be opened have been preliminarily determined, it will be either Kalush or Krivoy Rog already in August.

JYSK has over 800 employees in the country.

JYSK is a part of family Lars Larsen Group with more than 3.4 thousand stores in 48 countries.

JYSK’s revenue in fiscal year 2022/23 amounted to EUR5.2 billion.

 

, ,