Biosphere Corporation, one of Ukraine’s largest household goods companies, has re-launched its business in Uzbekistan, according to the company’s Facebook page.
“Even in these difficult times, when many companies face challenges that seem insurmountable, Biosphere continues to step forward with confidence… Today we are sharing extremely important news: after a long pause, we have re-launched our business in Uzbekistan,” the statement reads.
According to the company, it has been only a week since the first shipment, but the eight largest regions of Uzbekistan have already been covered.
“We are expanding our presence in Central Asia to make Biosphere’s business even more sustainable and reliable. Geographical diversification is our strategic decision to ensure stability and prosperity in an ever-changing world,” the statement said.
According to Biosphere’s website, it began exporting its products to Uzbekistan in 2020.
In June 2022, in an interview with Interfax-Ukraine, the owner and CEO of the corporation, Andriy Zdesenko, spoke about the presence of large orders in Kazakhstan and Uzbekistan, but noted the existence of logistical and other problems with the supply of products.
Biosphere Corporation has been operating in Ukraine for over 20 years. Its products are represented in the markets of 30 countries in Europe and Asia. The product portfolio includes more than 2 thousand items under 13 trademarks: Freken BOK, Smile, Selpak, Vortex, Novita, PRO service, and LaiKit.
The corporation’s capacities are represented by four plants with a total production area of 35 thousand square meters in Dnipropetrovska, Kyivska and Khmelnytska regions, as well as logistics complexes with an area of 30 thousand square meters. Together with the French Groupe Lemoine, Biosphere also owns a plant in Estonia for the production of cotton products with an area of 8.5 thousand square meters.
Number of unemployed people registered in public employment service as of 30.06.2024 (in thousands)
Open4Business.com.ua
In January-September this year, Ukraine reduced exports of ferroalloys in physical terms by 5.5 times compared to the same period last year – to 59.167 thousand tons from 325.066 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports of ferroalloys in monetary terms decreased by 4 times to $70.961 million from $281.397 million.
At the same time, the main exports were made to Turkey (26.76% of supplies in monetary terms), Poland (24.46%) and Italy (18.79%).
In addition, in January-September, Ukraine imported 71,766 thousand tons of these products compared to 5,916 thousand tons in January-September 2023 (an increase of 12.1 times). In monetary terms, imports increased 5 times to $121.376 mln from $24.141 mln.
Imports were mainly from Poland (37.86%), Norway (15.95%) and Kazakhstan (13.90%).
As reported, Pokrovsky Mining and Processing Plant (PGOK, formerly Ordzhonikidze Mining and Processing Plant) and Marganetsky Mining and Processing Plant (MGOK, both in Dnipropetrovska oblast), both part of Privat Group, temporarily suspended the production and processing of crude manganese ore in late October and early November 2023, while NFP and ZFP temporarily stopped smelting ferroalloys. Later, ferroalloy plants resumed production at a minimum level.
In 2023, Ukraine decreased exports of ferroalloys in physical terms by 1.5% compared to 2022, to 344.173 thousand tons, while in monetary terms, exports of ferroalloys decreased by 47.2% to $297.595 million. The main exports were to Poland (52.79% of supplies in monetary terms), Turkey (14.13%) and the Netherlands (8.46%).
In addition, in 2023, Ukraine imported 14.203 thousand tons of these products, which is 30.9% less than in 2022. In monetary terms, imports decreased by 41% to $42.927 million. Imports were carried out mainly from Poland (23.94%), India (16.08%) and Armenia (14.35%).
Prior to the nationalization of the financial institution, PrivatBank organized the business of ZZF, NZF, Stakhanovsky ZF (located on the NKT), Pokrovske and Marganetske GOKs. Nikopol Ferroalloy Plant is controlled by EastOne Group, established in the fall of 2007 as a result of the restructuring of Interpipe Group, and Privat Group.
In September 2024, TAS Insurance Group (Kyiv) collected UAH 418 million in insurance premiums, which is 31% more than in the same period in 2023.
According to the insurer’s website, motor hull insurance premiums amounted to 18.2% of the total, or UAH 76.13 million, which is 6.4% more than in September 2023; motor third party liability insurance premiums – 32.3%, or UAH 134.9 million (+24.3%), and Green Card premiums – 31.9%, or UAH 133.2 million (+43.8%).
In September, TAS Group collected UAH 35.08 million in premiums under voluntary health insurance contracts, which is 8.4% of the total premiums and 2.6 times higher than in the same period last year.
In turn, UAH 6.17 million of insurance premiums were collected under property insurance contracts. Under other insurance contracts in September 2024, the company collected UAH 32.51 million in premiums, an increase of 29.3%.
The company also reports that as part of its obligations to conclude insurance contracts in September, it paid UAH 174.85 million, which is 47.6% more than in the same period a year earlier.
At the same time, payments under hull insurance increased by 66.3% to UAH 53.72 million, motor third party liability insurance – by 36.8% to UAH 54 million, Green Card – by 40.4% to UAH 38.39 million, VHI – by 49.8% to UAH 23.08 million, property insurance – by 2.45 times to UAH 2.28 million.
Under other insurance contracts, TAS paid UAH 3.42 million, which is 10.5% more than in September last year.
A quarter of pensioners receive a pension of $66
There are 10.34 million pensioners in Ukraine as of October 1, 2024, according to the Pension Fund of Ukraine (PFU). 25% of Ukrainian pensioners receive about UAH 2,760 ($66 at the time of writing). Pensioners from Kyiv have the highest payments, while those in the western regions have the lowest.
10.34 million pensioners receive payments from the state. Currently, almost every fourth pensioner continues to work – 2.8 million Ukrainians. The average payment for working pensioners is about UAH 6,257. For comparison, the average pension in the country is UAH 5,851 or $141.
43% of pensioners in Ukraine receive payments of less than $100. More than half of them receive only $66 or 2,760 UAH per month.
25.6% or 2.64 million pensioners receive between 5,000 and 10,000 UAH. The average pension in this group is 6,860 UAH or $165.
18.6% or 1.92 million pensioners receive between 4,000 and 5,000 UAH. The average pension in this group is UAH 4,414 or $100.
Only 12.7% or 1.31 million Ukrainians have pensions of more than UAH 10,000. On average, pensioners in this group receive 15,354 UAH or $370.
The highest pensions are in Kyiv – UAH 7,971. This is 36% higher than the national average. Rivne (UAH 7276) and Donetsk (UAH 7158) regions are also among the leaders.
At the same time, Ternopil (UAH 4460), Chernivtsi (UAH 4664), and Zakarpattia (UAH 4697) regions have the lowest payments.
80% of Ukrainians receive their pensions in banks. Privatbank (57.8%) and Oschadbank (31.8%) account for the largest share of these payments.
https://opendatabot.ua/analytics/pensions-2024-10
In January-September 2024, Kokhavyno Paper Mill (KBF, Lviv region), which produces sanitary paper products, increased its production by 75.1% compared to the same period in 2023, to UAH 1 billion 502 million, according to statistics from UkrPapir Association.
As reported, in the first eight months of the year, the mill’s production growth was 67.4% compared to the same period in 2023, and in the first seven months it was 61%.
According to the association’s statistics provided to Interfax-Ukraine, in physical terms, the production of the base paper for sanitary products at the factory increased by 39.6% to 43.2 thousand tons over the nine months.
The output of toilet paper in rolls increased by 1.5% to 102.5 million units. KPF is confidently ranked second in terms of its output after Kyiv CPP.
As reported, in October last year, Kokhava Pulp and Paper Mill put into operation a paper machine for the production of cellulose base paper (previously, it produced only waste paper-based products). To organize such production in 2021, the company attracted a EUR 13.8 million loan from the EBRD.
In October of this year, according to the company, the line of cellulose sanitary products was expanded with four-layer toilet paper “Gold” with lamination and perforation of the roll.
Kokhavynsk Pulp and Paper Mill, which has been operating since 1939, produces the base paper for sanitary and hygiene products, as well as toilet paper and paper towels. Before the new machine was put into operation, the mill had two paper machines with a total capacity of 40 thousand tons of base paper per year.
In 2023, the mill increased its production by 18% compared to 2022 to UAH 1 billion 151.2 million, while net profit increased 2.7 times to UAH 137 million.
Source: https://rebuild.news/
