In January-September of this year, a major Ukrainian glass container manufacturer PJSC Kostopil Glassworks (KZG, Rivne region) posted a net profit of UAH 408.56 million, up 3.6 times compared to the same period in 2022.
According to the company’s interim reports published on its website, net income for the period increased by almost 26% to UAH 1 billion 402 million.
The company’s operating profit grew 3.3 times to UAH 504.2 million, while gross profit increased 2.6 times to UAH 567.1 million.
In January-September, the company mainly sold beverage containers (95% of total sales), which amounted to 259.2 million units for UAH 1 billion 344 million.
According to the information published on Monday in the disclosure system of the National Securities and Stock Market Commission, on December 7, the company’s shareholders intend to approve the transfer deed between JSC and Kostopil Glassware Plant LLC at an extraordinary meeting.
The decision to transform into a limited liability company (LLC) was made at the general meeting of shareholders of KZP JSC on April 28 this year “in order to simplify the management system and minimize the costs associated with servicing a private joint-stock company.”
As of the second quarter of 2023, 19.4639% of KZS PrJSC shares are owned by Dmytro Oliynyk, Chairman of the Federation of Employers of Ukraine, more than 30% of shares are owned by three other members of his family, Bulgarian Fisherman Investments owns almost 22%, and Andriy Rybytskyi owns more than 9%.
The plant produces bottles for perfumery and medical products, as well as bottles for alcoholic and non-alcoholic beverages, and two-liter decanters.
The company, according to its website, is one of the leading industrial enterprises in Rivne region and one of the five largest glass container manufacturers in Ukraine. The company’s capacity allows it to produce 432 million pieces of glass per year.
The company’s main customers are Nemyriv, Khortytsia, Khlibnyi Dar, Pepsi-Cola, and Carlsberg brands.
The products are sold in Ukraine and exported to Poland, Hungary, Romania, Slovakia, Spain, and Moldova.
In 2022, 84% of the company’s products were exported (compared to 49% a year earlier), mostly to Poland and Hungary.
In May of this year, the Filatov Institute of Eye Diseases and Tissue Therapy commissioned a new medical building. In May this year, the Filatov Institute of Eye Diseases and Tissue Therapy put into operation a new medical building built within the framework of the state investment project “Creation of a modern clinical base for surgical treatment of eye pathology”.
“Today, both patients and doctors have fully settled into the new building and have been able to appreciate its benefits,” the clinic told Interfax-Ukraine.
The new six-story building has 230 beds. In accordance with the new requirements for clinical facilities, each of the spacious wards has a bathroom, and all the requirements for ensuring the stay of patients with disabilities have been met. The building is equipped with the latest diagnostic, medical, laboratory, anesthesiology and operating equipment.
Currently, the new building houses four out of nine clinical departments, as well as two reception departments – separately for children and adults. In addition, the new building houses a complex of clinical laboratories, physiotherapy and ultrasound departments, and an operating room with 12 operating rooms.
“The commissioning of the new medical building will allow us to provide the most modern equipment and facilities for operating rooms, given the high surgical activity (more than 15,000 operations per year), and to achieve high standards of patient care in the clinical facility,” the institute emphasized.
Filatov Institute of Eye Diseases and Tissue Therapy. Filatov Institute of Eye Diseases and Tissue Therapy of NAMSU was founded in 1936. It is a leading scientific and medical institution and a national center for scientific research in the field of ophthalmology. The Institute has four national centers covering the most common ophthalmic pathologies: Ukrainian Ophthalmic Trauma Center, Center for Pediatric Ophthalmopathology, Center for Ophthalmic Oncology, and Eye Burn Center.
The Institute’s clinic is an ophthalmology center where all types of diagnostics and treatment of eye diseases are performed using innovative technologies.
Initial registrations of used passenger cars imported to Ukraine from abroad in October 2023 increased by 41% compared to October 2022 – to 21.3 thousand units, which is 1% more than in September this year, the Ukravtoprom association reported on its Telegram channel on Monday.
According to the association, the largest share in the segment of imported used cars in October consistently belonged to gasoline cars – 44% (in September, too), followed by diesel cars – 31% (unchanged), electric cars – 17% (16%), cars with LPG – 5% (unchanged) and hybrids – 3% (4%).
Volkswagen Golf remains the leader in registrations (1544 units), and the top five remained unchanged: Renault Megane (1200 units), Skoda Octavia (960 units), Volkswagen Passat (785 units) and Nissan Leaf (573 units).
The TOP-10 of this market in October also included Volkswagen Tiguan (451 units), Tesla Model 3 (442 units), AUDI A4 (416 units), Ford Focus (411 units) and Nissan Qashqai (404 units).
The average age of used cars that switched to Ukrainian license plates in October is 9.5 years.
Overall, in January-October this year, 169.3 thousand used cars imported from abroad were registered for the first time in Ukraine, which is 3.4 times more than the number of new cars sold in the same period.
As reported, in 2022, Ukrainians registered 388.5 thousand imported used passenger cars, which is almost a quarter less than a year earlier, but more than 10 times more than the market for new passenger cars.
On Monday, November 6, Ukrainian Foreign Minister Dmytro Kuleba will pay an official visit to South Africa, which will be the first visit of the Ukrainian foreign minister to the country since 1998.
According to the website of the Ministry of Foreign Affairs of Ukraine, Kuleba will hold talks in Pretoria with the Minister of International Relations and Cooperation of South Africa, Naledi Pandor, the key topics of which will be the implementation of the Ukrainian peace formula, intensification of efforts to return Ukrainian children illegally taken from the temporarily occupied territories to Russia, ensuring food security in Africa, increasing bilateral trade, and intensifying cooperation between Ukraine and South Africa in international organizations.
The program of the visit includes a lecture by the Ukrainian Foreign Minister to students and professors of the University of Pretoria, as well as the opening of the virtual reality exhibition “Living the War” about the consequences of Russian aggression against Ukraine at the Javett Center for the Arts at the University.
The Ministry of Foreign Affairs notes that the visit to South Africa will be Kuleba’s fourth trip to Africa. The first one took place in October 2022 (Senegal, Côte d’Ivoire, Ghana and Kenya), the second in May 2023 (Morocco, Ethiopia, Rwanda, Mozambique and Nigeria), and the third in July 2023 (Equatorial Guinea and Liberia).
Oil prices are rising on Monday after a sharp decline last week.
The cost of January futures for Brent on the London ICE Futures exchange as of 7:10 a.m. on Monday amounted to $85.3 per barrel, which is $0.41 (0.48%) higher than at the close of the previous session. On Friday, the price of these contracts fell by $1.96 (2.3%) to $84.89 per barrel.
December futures for WTI in electronic trading on the New York Mercantile Exchange (NYMEX) rose by $0.5 (0.62%) to $81.01 per barrel by this time. As a result of the previous trading, the value of these contracts fell by $1.95 (2.4%) to $80.51 per barrel.
Last week, Brent lost 4.8%, WTI – 5.9%, according to Dow Jones.
Concerns about the escalating conflict in the Middle East have eased somewhat, and traders’ attention has shifted to the prospects for oil supply and demand on the global market, Market Watch notes.
On Sunday, the Saudi state agency reported, citing an official source in the Ministry of Energy, that the country would not change the volume of voluntary oil production cuts, and would keep it at 1 million bpd until the end of 2023. At the same time, the source noted that in December, Saudi Arabia will review the parameters of the restrictions in order to make a decision either to deepen the reduction or increase production.
About $435 million is needed to help civilians across Ukraine by March 2024, according to the website of the UN Office for the Coordination of Humanitarian Affairs.
“The United Nations and partners are calling for about $435 million to be allocated for winter assistance. US dollars to provide winter assistance to more than 1.7 million people across Ukraine by March 2024,” the statement emphasizes.
It is noted that this year alone, the UN and partners have delivered 14 convoys to the frontline areas of Zaporizhzhia region, providing the necessary assistance to more than 30 thousand people living near the southern front. Since the beginning of the year, 96 humanitarian convoys have been delivered to the frontline areas.
In particular, as reported on November 3, an interagency humanitarian convoy delivered vital supplies for 1,600 people who remain in the frontline town of Orikhiv, Zaporizhzhia Oblast. The aid included medicines, household items, hygiene kits, blankets, mattresses, solar lamps and sleeping bags.
