Business news from Ukraine

Business news from Ukraine

Danube ports shipped 1.75 mln tons of agro-products

Ports of the Danube cluster on August 1-15, 2023 shipped 1.75 million tons of agro-products, said the head of the Odessa Regional Military Administration Oleg Kiper.

“Ports of the Danube cluster for the first 15 days of August this year shipped 1 million 750 thousand tons of agro-products, and in July – more than 2 million tons,” he wrote in his Telegram channel.

According to his information, in the regional breakdown, Odessa region took the 4th place with a share in the total volume of exports of goods in 5.6%.

“In the commodity structure of exports the largest volume was: cereal crops (52.8%), fats and oils of animal or vegetable origin (15.6%), finished food products (5.1%),” – specified Kiper.

It is noted that in January-June 2023 the enterprises of Odessa region carried out trade operations with partners from 166 countries of the world. Export of goods in monetary terms exceeded $1 bln.

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More than 20 HR leaders to share their experience of talent management in times of war at HR Wisdom Summit

On September 14, leading HR professionals from Kyivstar, OKKO, Kernel, MHP, and other large companies will provide tools for hiring, retaining, and developing talent in times of war at the HR Wisdom Summit at DTEK Academy.

Among the speakers:
Roman Bondar, Executive Director of Korn Ferry Ukraine,
Oleksandr Borniakov, Deputy Minister of Digital Transformation of Ukraine, project manager of Diia.City,
Sergiy Koshil, Human Resources Director at Favbet,
Natalia Teryakhina, Head of HR at Kernel,
Viktor Marchenko, Head of Performance and Remuneration at Raiffeisen Bank,
Evgeniya Kuzminska, HRD at OKKO,
Vadym Skrypnyk, Director of Agricultural Production at Astarta,
Alla Sorokolietova, Director of Quality Assurance, Pharmacovigilance, Regulatory and International Medical Affairs at Asino in Ukraine and the CIS,
Yulia Titurenko, Head of Human Resources at Pivdenny Bank,
Galina Karavaeva, HRD of VIDI Group of Companies,
Andriy Kobolyev, Chairman of the Board of Naftogaz of Ukraine in 2014-2021,
Oleksandr Kucherenko, Member of the Supervisory Board of DTEK Academy, Director of DTEK Group B.V,
Natalia Volnyanska, HRD at Starlight Media,
Tatiana Petruk, Director of Sustainable Development and Employee Engagement at Metinvest Group.

and more than 5 other experts from large companies.

You will learn about:

Return to corporate life and adaptation of female and male veterans.
Global trends and new realities in the human capital market in Ukraine.
The main professions after the victory.
Changes in team motivation and what is really important for an employee today.
Using innovations in HR.
Keeping the team together during relocation.

In addition to the speakers’ presentations, HR Wisdom Summit will feature three panel discussions on the future of corporate initiatives, innovations in HR, and veterans’ re-socialization.

DTEK Academy will be the meeting place for the active HR community of Ukraine. Participants will be able to communicate with leading HR professionals on the sidelines and make useful contacts among 200+ colleagues!

HR Wisdom Summit will be useful for:
top managers of companies, HRD, PR directors who want to strengthen leadership in wartime and face challenges with a strong team;
CEOs who want to build an effective HR strategy and strengthen their employer brand;
HR professionals who want to get all the key trends and tools of the year in one day.

Event details, program and tickets at a special price are available on the website: https://hrws.delo.ua/

Join HR Wisdom Summit to develop your main business asset – your team!

The general partner is Favbet.

Housing commissioning in Ukraine has sharply increased in first half of year

Commissioning of housing in Ukraine in January-June 2023 increased by 1.4 times compared to the same period of 2022 – up to 3 million 593.1 thousand square meters, the State Statistics Service reported.

According to the report, 2 million 25.6 thousand square meters of housing (56.3% of the total volume) have been commissioned in cities since the beginning of the year, which is a quarter more than last year’s figure, while in rural areas – 1 million 567.5 thousand square meters, which is almost twice as much as in the first half of 2022.

Overall, 44.2 thousand apartments were commissioned during the reporting period, which is 61% more than in January-June 2022. At the same time, 26.4 thousand apartments were commissioned in cities, which is 25% more than last year, in villages – 17.7 thousand apartments, which is 2.5 times more than in the same period of 2022.

According to the State Statistics Committee, 9.9 thousand apartments were commissioned in single-family houses, 36.2 thousand – in apartment buildings.

According to the results of the first half of the year, the most housing was commissioned in Kyiv region (594.3 thousand square meters, 16.5% of the total volume), Kyiv (544.1 thousand square meters), Vinnytsia region (459.2 thousand square meters), Lviv region (340 thousand square meters), Ivano-Frankivsk region (246.7 thousand square meters) and Zakarpattya region (176.3 thousand square meters).

According to statistical data, the growth of housing commissioning was recorded in all regions of Ukraine, except for three regions. Thus, in Poltava region commissioned 69.9 thousand square meters, which is 41.2% less than in January-June 2022, in Chernihiv region – 20.4 thousand square meters (-39%) and Zhytomyr region – 52.5 thousand square meters of housing (-11.2%).

The data are given taking into account the housing commissioned in accordance with the temporary order of acceptance into operation of houses built without a permit for construction works, reminds the State Statistics Committee. Also, the information is given without taking into account the territories temporarily occupied by the Russian Federation and part of the territories where hostilities are (were) conducted.

As reported, commissioning of housing in Ukraine in 2022 decreased by 37.8% compared to 2021 – to 7 million 110.2 thousand square meters. m

“Zdorovie” has changed its head and supervisory board

Pharmaceutical Company “Zdorovye” LLC (Kharkiv) has changed its head and some members of the Supervisory Board (SB).
As the company reported in the information disclosure system of the National Commission on Securities and Stock Market (NCSSM), the general meeting of the company on Wednesday terminated the powers of the head of the supervisory board Alexander Dorovskiy and member of the supervisory board Yegor Dorovskiy at his own request.
The meeting elected Vadim Demokhin, the company’s development director, as the head of the SB, and Valeria Burova, deputy director for quality and certification of “Health of the People” LLC, and Elena Shvinagir, director of “Research Plant GNCLS” LLC (Kharkiv), as members of the SB. According to the YouControl system, the co-owner of this LLC is Yegor Dorovskiy.
Established in 2001, Zdorovye pharmaceutical company produces more than 300 drugs of all pharmacotherapeutic groups. It is among the top 20 pharmaceutical companies in Ukraine, has certificates of compliance with GMP requirements of the European Union and Ukraine.
As reported, according to the results of 2021, the pharmaceutical company increased its net loss by 8.5% – up to UAH 39.559 mln.
According to Opendatabot, the owners of the pharmaceutical company Zdorovye are Pharmgruppe Zdorovye LLC and Research Plant GNCLS LLC. The ultimate beneficiary is Alexander Dorovsky (Poland).
Earlier, the media reported that the owner of the company is Alexander Shishkin, a member of the Defense and Security Committee of the Russian Federation Council.

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Demand for school goods has grown 6-10 times – Rozetka

In the run-up to the new school year, demand for school goods has increased 6-10 times compared to the summer of 2022, the press service of Ukraine’s largest online retailer Rozetka told the Interfax-Ukraine news agency.

“Last year, Ukrainian children often studied remotely or went to school where their families received temporary asylum. Now the situation has changed. Over the past six months, more than 7 million people have returned to Ukraine. Among them are children who will sit at their desks again in September. And if last year, compared to the pre-war time, the sales of school supplies decreased by more than half, then in 2023 these goods are returning to the top,” – said the marketing director of Rozetka Eugene Obrazok.

As of August 2023, the highest demand in this category is for clothing (in particular, embroideries), as well as school supplies.

Compared to 2022 on the site of online retailer in 7.5 times more often buy embroidered vyshyvanki for guys and five times more often – for girls. In addition, the demand for outerwear sets, T-shirts, tracksuits, sneakers for boys, as well as dresses, tracksuits and sneakers for girls increased.

Among school and office supplies Ukrainians actively buy diaries, briefcases and folders, colored paper and cardboard, covers for notebooks and textbooks, notebooks, drawing albums, pencil cases, colored pencils, etc.

Compared to last year, in 2023 the demand for diaries increased 11.7 times, for school bags and folders – eight times, for colored paper and cardboard – six times.

In 2023, the average cost of a school basket on Rozetka is 5945 UAH. The most expensive are school backpacks and satchels (average 1663 UAH), blackboards and flipcharts (1256 UAH), and first-grader’s kits (687 UAH). The cheapest are covers for notebooks and textbooks, drawing albums, colored paper and cardboard.

Online store of electronics and household appliances Rozetka was founded in 2005 in Kiev by Vladislav and Irina Chechetkina, later the co-owner of the company became a fund managed by Horizon Capital. The company has now transformed itself into a multi-category online marketplace, but is also developing a network of its own stores, which stood at 297 as of February 2023, up from 270 a year earlier. In December 2022, Rozetka’s traffic amounted to 40 million people per month.

Nova Posta has increased net profit almost fivefold

The net profit of Nova Posta LLC for the first half of 2023 amounted to UAH 2 bln 402.5 mln, which is almost five times higher than in the first half of 2022 (UAH 483.9 mln), according to the updated rating of the company at the level of “uaAA” from the rating agency Standard-Rating.

According to its report, Novaya Posta’s revenue for January-June increased by 83.9% to UAH 16 billion 743.8 million.

It also points out that the company’s EBITDA profit in the first half of 2023 also grew strongly – more than 2.2 times, to UAH 2 billion 910.1 million.

“The analysis of the statements for the first half of 2023 indicates: a high level of coverage of liabilities by equity capital, a very high share in the structure of equity capital of retained earnings, an increase in business volumes, weighty financial results, as well as a high level of coverage of the company’s liabilities by its income,” the rating agency noted.

It specified that at the end of the first half of 2023, such improvement of indicators allowed to increase the ratio of EBITDA to long-term and current liabilities from 14.33% to 28.04%, and the same indicator for EBIT profit – from 5.21% to 17.72%.

According to the publication, Nova Posta’s equity capital for the first half of 2023 increased by 36.9% to UAH 8 billion 918.6 million, while liabilities – only by 12.4% to UAH 10 billion 379.4 million.

It is indicated that the growth of equity capital, as in previous periods, occurred due to the increase in the volume of retained earnings in its structure: for the first two quarters of 2023, it grew by 37.1% and as of July 1, 2023, its share in the equity capital of the company increased to 99.6%.

According to the information, Novaya Posta’s accounts receivable increased by 46.5% to UAH 3 billion 303.6 million in the first half of 2023, while accounts payable increased by 18.1% to UAH 8 billion 592.0 million, and free cash flow increased by 12.6% to UAH 758.2 million.

Overall, the company’s assets in the first half of this year increased by 22.5% to UAH 19 billion 298.0 million, while fixed assets increased by 10.5% to UAH 7 billion 561.7 million.

Founded in 2001, Novaya Posta has more than 10,000 outlets and 14,000 post offices in Ukraine. It provides a full range of logistics and related services.

Two issues of the company’s bonds series “C” and “D” are currently circulating on the market with a nominal volume of UAH 800 mln each and an interest rate of 24% and 23% per annum, respectively, maturing in January 2024 and 2025.

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