Business news from Ukraine

Business news from Ukraine

Twelve industrial parks have already been registered in Kiev Region

Twelve industrial parks have already been registered in Kyiv region, the region has one of the largest networks of such parks across Ukraine, OBA chief Ruslan Kravchenko said.

“Despite the war, the Kiev region is creating better conditions for companies to continue investing in the region’s economy. This week we opened offices of two large well-known companies and registered an industrial park,” the OBA quoted Kravchenko as saying.

Green Industrial Park will appear in Vyshgorod district. It will create about 3 thousand jobs. The amount of investments is almost 6 billion hryvnias. On its territory will be created enterprises that will produce building structures, metal products, food products.

Turkish manufacturer of generators and compressors Dalgakiran has opened an office and working facilities in Buchanskiy rayon. The amount of investments is almost UAH 400 mln. 50 jobs were created.

Alfatech company opened an office in Fastivskyi district. It specializes in sales and service of construction, road and industrial machinery. 40 jobs were created here.

 

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Trump promised to make peace between Russia and Ukraine – conversation with Zelensky

US presidential candidate from the Republican Party Donal Trump commented on his phone conversation with Ukrainian President Volodymyr Zelensky.
“Today, President Zelensky and I had a very good phone conversation with President Zelensky of Ukraine…. I appreciate President Zelensky reaching out to me because as your next President of the United States, I will bring peace to the world and end a war that has cost so many lives and destroyed countless innocent families. Both sides will be able to come together and make an agreement that will end violence and pave the way for prosperity,” Truth wrote on social media after speaking with Ukrainian President Zelensky on Saturday night
Trump also mentioned that Zelensky congratulated him on the success of the Republican National Convention and on becoming the Republican Party’s nominee for President of the United States.
“He condemned the heinous assassination attempt that took place last Saturday and noted that these are times when the American people come together in a spirit of unity,” Trump emphasized.

https://interfax.com.ua/

 

 

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Zelensky spoke with Trump on phone

On Saturday night, President of Ukraine Volodymyr Zelenskyy had a phone conversation with US presidential candidate Donald Trump.
“I spoke with Donald Trump to congratulate him on his nomination from the Republican Party and to condemn the shocking attempted attack on him in Pennsylvania. I wished him strength and absolute security in the future,” Zelensky wrote on his social network X (Twitter).
During the conversation, according to the President of Ukraine, he emphasized America’s vital bipartisan and bicameral support in defending Ukraine’s freedom and independence.
He also emphasized that Ukraine will always be grateful to the United States for its assistance in strengthening its defense capabilities in countering Russian terror, as Russia’s attacks on Ukrainian cities and villages continue daily.
“We have agreed with President Trump to discuss in person what steps can make peace just and truly lasting,” Zelenskyy summarized.

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“Slavic Wallpaper-KFTB” maintains 9% growth rate in wallpaper production

JSC Slavic Wallpapers-KFTB (Koryukivka, Chernihiv region), a leading Ukrainian wallpaper producer, produced 8.34 million conventional pieces of wallpaper in January-June 2024, up 8.9% year-on-year.
According to statistics provided by UkrPapir Association to Interfax-Ukraine, the company maintained the growth rate of its output in the first six months of the year compared to the same period last year.
In monetary terms, the plant’s output for the first half of the year increased by 7.1% to UAH 641.4 million.
In June, the company produced 1.7 million units of wallpaper, which is 9.4% more than in June 2023 and 27.6% more than in May this year.
The EBA has no data on the total production of wallpaper in Ukraine in January-June 2024, as the State Statistics Service has stopped providing it.
As reported, in 2023, Slavic Wallpaper-KFTB increased its wallpaper production by 19% compared to 2022, to 16.2 million units, while production increased by 38.2% to UAH 1 billion 249 million, and net profit increased almost eightfold to UAH 47.7 million.
Earlier, the company noted that as a result of Russian aggression, sales volumes, especially through retail channels, had significantly decreased.
JSC Slavic Wallpaper-KFTB produces more than 10 types of wallpaper from the economy segment (paper, duplex, acrylic) to premium wallpaper (vinyl, non-woven, hot stamped).
In addition, the factory produces its own latex, water-dispersion paint under the Latex brand.

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Geographic structure of Ukraine’s foreign trade (trade volume) in Jan-Apr 2024, mln USD

Geographic structure of Ukraine’s foreign trade (trade volume) in Jan-Apr 2024, mln USD

Source: Open4Business.com.ua and experts.news

Kyiv Pulp and Paper Mill maintains slight positive production dynamics

The volume of marketable products of Kyiv Cardboard and Paper Mill (Kyiv Pulp and Paper Mill, Obukhiv, Kyiv region), the industry leader in Ukraine by this indicator, amounted to UAH 3 billion 793.5 million in January-June 2-24, which is 3.3% more than in the same period in 2023, according to statistics from Ukrpapir Association.
As reported, the mill moved to positive production dynamics in the first quarter (an increase of 0.2%), while in January-February there was a decrease of 2.4% compared to the same period last year.
According to UkrPapir’s statistics provided to Interfax-Ukraine, in physical terms, the plant’s production of corrugated boxes increased by 1.4% to 109.7 million square meters, which remains the best in the industry.
Cardboard output decreased by 4.5% to 77.9 thousand tons, including a 4.3% decrease in containerboard production to 64 thousand tons and a 5.4% decrease in boxboard production to 13.9 thousand tons.
The output of base paper for sanitary and hygiene products increased by 8.5% to 22.9 thousand tons, and the output of toilet paper in rolls increased by 7% to 129.3 million units.
The plant is a stable leader in the production of toilet paper in Ukraine: in the first half of 2024, the industry’s main enterprises produced a total of 308.2 million rolls, up 6.6%.
According to the association’s data from the main industry players, in January-June 2024, Ukraine’s paper and cardboard production increased by 5.7% compared to the same period in 2023, to 290 thousand tons, and cardboard boxes by 19.4%, to 283.3 million square meters.
Kyiv Pulp and Paper Mill is the parent company of the eponymous group of companies, one of the largest cardboard and paper products producers in Europe with a staff of over 2,500 people.
It has, among other things, a 240,000-tonne-per-year cardboard production facility and a 355 million-square-meter corrugated packaging plant, as well as a production facility for the production of base paper and finished products with an annual capacity of 70,000 tons of base paper.
As reported, in 2023, the plant produced products worth UAH 7 billion 568 million, up 1.8% year-on-year.