Business news from Ukraine

Business news from Ukraine

On night of November 27, heavy snow is expected in northern and central regions of Ukraine

On the night of Monday, November 27, moderate snow is expected in Ukraine (at night in most northern and central regions there will be heavy snow, sometimes heavy snow, snow drifts, blizzards), in the southeastern part there will be sleet with rain, sometimes ice; in the western, daytime and most southern regions there will be light snow. There is ice on the roads, the Ukrainian Weather Center reported.

Northwest wind, southwest in the eastern regions, gusts of 17-22 m/s, at night and in the morning in Ukraine, except for the western, Zhytomyr, Vinnytsia and Sumy regions, 25-30 m/s.

The temperature in the western regions at night will be 4-9° below zero, during the day 0-5° below zero; in the northern and central regions at night and during the day 2-7° below zero; in the rest of the territory during the day from 4° below zero to 2° above zero, in the Crimea 1-6° above zero.

In Kyiv, on Monday night, heavy snow, moderate snow during the day; blizzards, snow drifts, ice on the roads, gusts of northwest wind of 17-22 m/s, 25 m/s at night. The temperature at night and during the day will be 2-4° below zero.

According to the Borys Sreznevsky Central Geophysical Observatory. On November 27, the highest temperature during the day was 14.4 in 1898, and the lowest at night was -21.9 in 1890.

On Tuesday, November 28, at night in the northeastern regions, in Transcarpathia and the Carpathians, during the day in the western regions, light snow, in Odesa and Mykolaiv regions light rain, in the rest of the territory without precipitation; temperature at night 5-10° below zero, during the day 1-6° below zero, in the south 3-8° above zero, in the Crimea up to 11°.

Southeast wind with a shift to the west, 7-12 m/s.

On the roads of the country, except in the south, there is ice.

In Kyiv on Tuesday, no precipitation, southeast wind, 5-10 m / s, temperature at night 6-8 ° below zero, during the day 1-3 ° below zero. There will be ice on the roads.

Forecast of unemployment rate in Ukraine according to methodology of international labor organization until 2025

Forecast of unemployment rate in Ukraine according to methodology of international labor organization until 2025

Source: Open4Business.com.ua and experts.news

KZHRK reduced sinter ore production by 28.3%

In January-October this year, Kryvyi Rih Iron Ore Plant (KZHRK) reduced its production of commercial iron ore from underground mining by 28.3% year-on-year to 1,903 thousand tons.

According to the company, in October, Pokrovska mine produced 23 thousand tons of ore, Kryvorizka mine – 40 thousand tons, Kozatska mine – 10 thousand tons and Ternivska mine – 40 thousand tons, for a total production of 113 thousand tons at the plant in October.

As reported, in 2022, KZHRK reduced the production of commercial iron ore from underground mining by 32.8% year-on-year to 2.888 million tons.

KZHRK specializes in underground iron ore mining. The company has four mines: “Pokrovska (formerly Zhovtneva), Kryvorizka (Batkivshchyna), Kozatska (formerly Gvardiyska) and Ternivska (formerly Ordzhonikidze and then Lenin).

Starmill Limited owns 99.88% of the plant’s shares.

Earlier it was reported that SCM Group owns a certain share in KZHRK, while Metinvest Group has no relation to KZHRK. At the same time, SCM Group is only an investor, while Privat Group exercises operational control over the plant.

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Ukrzaliznytsia has purchased 30 thousand tons of diesel fuel from ExxonMobile

The private oil corporation ExxonMobile has delivered 30,000 tons of diesel fuel by tanker to the port of Klaipeda in Lithuania, from where it will be transported by Ukrzaliznytsia to Ukraine to provide a reserve for the stable passage of the winter season, UZ said on Friday.

“Taking into account the available diesel fuel reserves, Ukrzaliznytsia has actually provided the necessary volume for the stable passage of the winter season,” UZ said in a statement.

It is noted that the contract for the supply of this batch of diesel fuel was signed on November 17, and five days later, the shipment began in the port of Klaipeda.

According to UZ, the price for diesel fuel including delivery, excise and customs clearance is quite favorable for the company and will be approximately UAH 52 thousand per ton or UAH 43-44 per liter.

“The final price will be calculated on Monday, five days after the notification of readiness for shipment according to Platts indices,” UZ said.

It is noted that thanks to the agreement with ExxonMobile, UZ saved UAH 2-3 per 1 liter of diesel fuel, as, according to the consulting agency, its cost in Ukraine in wholesale was UAH 46/l, and in retail – UAH 55/l.

According to Ukrzaliznytsia’s calculations, the company has already saved about UAH 1 billion on diesel by reducing consumption and through direct contracts with producers.

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Ukrainian agrarians harvested over 75 mln tons of crops in 2023

Agrarians of all regions of Ukraine harvested 75.7 mln tons of grains and oilseeds – 55.53 mln tons and 20.703 mln tons respectively.

As reported by the Ministry of Agrarian Policy and Food, grain and legumes were harvested on the area of 10237 thou hectares with the yield of 53.8 c/ha.

It is also specified that by now, Ukraine has completed harvesting and threshing of barley from 1505 thousand hectares (101% of the plan), which yielded 5.909 million tons; wheat – 22.478 million tons from 4695 thousand hectares (101%); peas – 399.5 thousand tons from 154.4 thousand hectares (103%), as well as rapeseed – 4.005 million tons of seeds from 1396 thousand hectares (98%).

The harvest of millet is nearing completion, with 180 thou tons harvested from 79.5 thou hectares (95%), and buckwheat – 207.4 thou tons from 139.7 thou hectares (99%). At the same time, corn was harvested in the amount of 24.878 mln tons from 3325 thou hectares (82%).

In addition, other grains and pulses were harvested in the amount of 1002 thou tons from 339.9 thou hectares.

Ukraine continues harvesting oilseeds, which have been harvested from a total area of 8205.8 thou hectares. In particular, sunflower was harvested in the amount of 11.929 mln tonnes (11.586 mln tonnes a week earlier) from the area of 5,009.4 mln hectares (99%), soybeans – 4.769 mln tonnes (4.750 mln tonnes) from 1,800 mln hectares (99%).

Sugar beet was harvested from 236.3 thou hectares (227.1 thou hectares a week earlier), which is 95% of the planned area. The harvest amounted to 11.83 million tons.

The Ministry of Agrarian Policy also monitors information on crop yields, which amounted to 47.9 c/ha for wheat, 39.3 c/ha for barley, 25.9 c/ha for peas, 22.6 c/ha for millet, and 14.8 c/ha for buckwheat. The yield of corn is 74.8 c/ha, rapeseed – 28.7 c/ha, soybeans – 26.5 c/ha, sunflower – 23.8 c/ha. The yield of sugar beet is 469.1 c/ha.

According to the Ministry, farmers in Odesa, Zaporizhzhia and Mykolaiv regions have completed harvesting all crops.

As reported, this season’s winter wheat plantings amounted to 4166 thousand hectares (-834 thousand hectares compared to the previous season), winter barley – 536 thousand hectares (-255 thousand hectares), and rapeseed – 1374 thousand hectares (+110 thousand hectares).

According to the adjusted forecast of the Ministry of Agrarian Policy, in 2023, farmers will be able to harvest 79.1 mln tons of grains and oilseeds, including the following volumes: wheat – 21.7 mln tons, barley – 5.7 mln tons and corn – 28.5 mln tons. Gross production of oilseeds will reach 21.6 million tons, including 13 million tons of sunflower, 4 million tons of rapeseed, and 4.6 million tons of soybeans. The sugar beet harvest is forecast at 13.7 million tons.

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On November 26, Save Childhood Charity Evening will be held

On November 26, at 18:00, Premier Palace Hotel Kyiv will host the Save the Childhood Charity Evening.

All the funds raised will be used to create a crisis rehabilitation center for psychological and physical assistance at the Okhmatdyt National Children’s Hospital, which aims to support children affected by war trauma.

The event will include a welcome drink, a concert by contemporary Ukrainian artists CHEEV, SESTRA and VILNA, and an auction featuring works of art, jewelry, products by leading Ukrainian designers, sports and military artifacts.

Among the auction items will be T-shirts signed by Vitali Klitschko, Olga Harlan, Oleksandr Zinchenko, Mykhailo Mudryk, a fur coat by Ukrainian designers, a rare Kobzar, a doll of Volodymyr Zelenskyi, a painting on canvas of an ammo box, a map of Ukraine signed by the head of the Defense Intelligence of Ukraine Kirill Budanov, and a set of coins signed by General Valeriy Zaluzhnyi.

The event was hosted by Yuriy Horbunov.

The event was organized by the Art Initiative Charitable Foundation, which helped to completely renovate the shelter of the Okhmatdyt National Children’s Hospital.

Co-organizers of the event:
Charitable Foundation “BATALION VOLUNTEER”
Charitable Foundation “RENOVATION”
Charitable Foundation “MILA”
Ukrainian brand MARISTEP

Official partner – Premier Palace Hotel Kyiv.

Welcome drink from the Wines of the World Trade House.

Media partner – DJ FM radio.

Let’s do a good deed together!