Business news from Ukraine

Business news from Ukraine

Tourist fee of Ivano-Frankivsk region amounted to 10.4 mln UAH

The tourist fee of Ivano-Frankivsk region for January-July 2023 amounted to 10.4 million UAH, which is 6% lower than in the same period of 2022.

“So far, minus 6% (seven months of 2022/2023) and minus 21% (month to month 2022/2023). These figures demonstrate the decline in tourist traffic,” – wrote in Facebook the head of the tourism department of the Department of international cooperation, European integration, tourism and investment Ivano-Frankivsk OVA Vitaly Perederko.

According to him, the largest receipts for the period were received by Polanytsia (UAH 5.99 million), Yaremchany (UAH 1.953 million), Ivano-Frankivsk (UAH 1.081 million), Vorokhtyanska (UAH 529.71 thousand) and Verkhovyna (UAH 138.84 thousand) territorial communities.

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Universal Bank increases its net profit six times

Universal Bank’s (mono) net profit for January-June 2023 amounted to UAH 1 billion 564.7 billion, which is almost 6.3 times higher than the same period in 2022, according to the bank’s unconsolidated half-year report.

According to the report, in particular, in the second quarter of this year, the bank posted a net profit of UAH 740.65 million, which is almost 2.1 times better than in the second quarter of last year.

It is noted that the net interest income of Universal Bank for the first half of this year increased by 62.6% to UAH 5 billion 517.0 billion, in particular, in the second quarter the growth was 89.6% to UAH 2 billion 763.5 million.

Net commission loss in January-June this year was 2.9 times higher than the loss in January-June 2022, amounting to UAH 611.1 million, in particular, in April-June – by 40.3%, amounting to UAH 381.2 million.

A significant contribution to the improvement of the bank’s financial result was made by the reduction of impairment loss in the first half of this year to UAH 682.1 million, while in the same period last year this figure amounted to UAH 3 billion 753.6 million. According to the report, in the second quarter of this year, the loss on this item amounted to UAH 271.8 million against UAH 2 billion 531.4 million in the second quarter of last year.

Net profit from foreign exchange operations decreased in the first half of this year to UAH 1 billion 923.8 million from UAH 2 billion 395.0 million in the first half of last year, including UAH 806.99 million in the second quarter from UAH 2 billion 75.0 million.

The bank’s total profit for the first half of 2023 reached UAH 1 billion 846.6 million compared to UAH 201.2 million for the same period last year.

According to the report, in January-June this year, the bank’s assets increased by UAH 6.14 billion, reaching UAH 92.71 billion.

This growth is attributed to an increase in cash and balances with the NBU from UAH 19.72 billion to UAH 26.44 billion, loans and advances to customers from UAH 17.8 billion to UAH 22.02 billion, and amounts due to other banks from UAH 2.93 billion to UAH 4.14 billion.

At the same time, investments in securities decreased from UAH 34.35 billion to UAH 30.89 billion.

In the first half of 2023, Universal Bank’s customer accounts increased by 11.6% to UAH 77.43 billion, equity increased from UAH 9.20 billion to UAH 11.05 billion, while retained earnings decreased by 27.5% to UAH 1.56 billion.

Universal Bank was founded in January 1994, in 2016 it became a member of the financial and industrial group TAS owned by Sergey Tigipko, and in 2017 it became a participant. Universal Bank operates a virtual monobank that serves about 7.44 million customers.

According to the NBU, as of June 1, Universal was one of the ten largest banks in the country, ranking ninth among 65 operating Ukrainian banks in terms of total assets (UAH 100.24 billion). At the beginning of June, the bank’s network consisted of 13 branches. The average number of employees in the first half of 2023 was 2168, compared to 2216 as of the end of the reporting period on December 31, 2022.

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NAPC renewed status of “war sponsors” for 5 Greek oil transporters

The National Anti-Corruption Agency (NACC) has renewed the status of five Greek carrier companies in the list of “International Sponsors of War” on the basis of the companies’ failure to fulfill the conditions agreed during negotiations on their removal from the list, the press service of the NACC reported.

We are talking about five Greek companies, Dynacom Tankers Management (DTM); Delta Tankers LTD; Thenamaris Ships Management Inc.; Minerva Marine; TMC Tankers LTD, which have not publicly condemned Russian aggression.

“Recently, the Ukrainian and Greek sides started negotiations where they offered the companies to fulfill the following conditions: to stop the practices of switching off transponders, overloading from board to board, to publicly condemn Russian aggression. The issue of switching off transponders and transshipment from board to board was addressed in the 11th EU sanctions package. However, these five Greek carrier companies did not fulfill the requirement to publicly condemn Russian aggression within the specified timeframe. Therefore, the NAACP has renewed their status on the list of “International sponsors of war”, – reported the press service of the NAACP.

Five Greek companies were included in the list of “sponsors of war” in the summer of 2022. Based on the data of the application for monitoring of naval traffic Marine Traffic detectives calculated that Greek shipowners took out of rf one third of the volume of oil that was sent for export last spring – 19 million tons for $ 16 billion.

According to NAPC, of this volume in March-May 2022, 31 tankers of 3.4 million tons were transported by TMS Tankers Ltd, 28 tankers (2.68 million tons) by Minerva Maritime (Minerva Marine Inc.), 22 tankers (1.43 million tons) by Thenamaris Ships Management Inc, 11 tankers (1.3 million tons) by Delta Tankers Ltd, 12 tankers (1.04 million tons) by Dynacom Tankers Management Ltd.

The NAPC recalled that the list of “International Sponsors of War” on the portal “War and Sanctions” is a powerful reputational tool to achieve integrity in the supply chain in the international dimension, the exit of international business from the Russian Federation and, accordingly, to reduce the financial and technological ability of the terrorist country to kill Ukrainians. One of the platform’s “leverage” is cooperation with the World-Check database, which is used by banks and insurance companies to assess risks.

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Zaporizhzhya intends to buy trolleybuses and electric buses with charging stations with EIB funds

The municipal enterprise of urban electric transport Zaporozhelektrotorans has announced two tenders for the purchase of new low-floor trolleybuses and electric buses within the framework of the project “Urban Public Transport of Ukraine” financed with funds from the European Investment Bank (EIB), according to the August 4 EU Official Gazette announcement made public in ProZorro on Monday.

The first tender with an estimated value of EUR4.03 million excluding VAT (including EUR3.03 million EU Neighborhood Investment Platform (NIP) grant) involves the purchase of fully low-floor trolleybuses 11.9 – 12.7 m long with dynamic charging from the catenary network, equipped with a battery for autonomous running. The contract amount includes equipment and tools for maintenance, a set of spare parts, and related services.

Passenger capacity of the trolleybus is at least 100 people, including 30 (+/-10%) seated. Folding seats are not allowed, but there must be one seat for a passenger in a wheelchair and four for passengers with low mobility.

Bids are scheduled to be opened on September 19, 2023, with the arrival date of the first shipment no later than eight months from the date of receipt of the advance payment, for a total contract period of 11 months.

According to experts’ estimates, 14-16 trolleybuses can be purchased for this amount.

The second tender for an estimated contract amount of EUR9.84 million of EIB funds involves the purchase of two-axle low-floor electric buses with a length of 12.5 meters (+/-0.5 meters), including charging stations.

The expected passenger capacity is at least 105 people, including 30 (+/- 10%) seating places. The cabin must have one seat for a passenger in a wheelchair, seats for passengers with low mobility, and a seat for a guide dog.

The contract period is 12 months and the first shipment must be delivered no later than 9 months from the date of receipt of the advance payment.

Disclosure of bids is scheduled for September 20.

Price is not the only criterion for awarding these contracts, but all criteria are specified in the procurement documents only.

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Number of ships in Danube ports has decreased 2.5-4.8 times

The number of ships in the port of Izmail (Odessa region), according to data from the Marine Traffic monitoring application, decreased to 48 on Monday, compared to 120 last week. 22 vessels are expected to arrive.

The number of vessels at the port of Reni decreased to 12 on Monday, compared to 58 last week. Another nine vessels are expected to arrive.

The number of vessels in the port of “Izmail” has been decreasing since Thursday, on Friday there were 113 vessels in the port, 21 vessels were expected to arrive. On Sunday the number of vessels dropped to 99 and another 25 vessels were expected to arrive.

At the port of Reni on Thursday, there were 52 vessels at the port and 12 were expected. On Sunday it was 33 and 11 were expected.

The ports of Greater Odessa did not resume work after the termination of the “grain initiative”.

Earlier it was reported that due to the Russian night attack on Wednesday night on the seaport “Izmail” and the infrastructure of the “Ukrainian Danube Shipping Company” destroyed 40 thousand tons of grain, which was expected by African countries, China and Israel.

In addition, about 10 residential houses, 15 apartments, hotel and office buildings of the “Ukrainian Danube Shipping Company” and an educational institution were damaged or destroyed.

After the attack on Wednesday night, two ships heading to the port of Izmail for loading refused to dock.

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European Union has increased beer output by 7%

European Union countries increased beer production by 7% in 2022, almost to 34.3 billion liters, the EU statistics office said.

The bottling volume thus approached the pre-pandemic 2019 figure of 34.7 billion liters.

The production of beer with an alcohol content of less than 0.5% (non-alcoholic beer) remained unchanged at 1.6 billion liters.

Total beer output per capita amounted to about 80 liters last year, the report said.

Germany remains the main producer. It accounted for more than 22% of the total volume, or 7.6 billion liters of beer containing alcohol. It is followed by Spain (3.9 billion liters, or more than 11%), Poland (3.7 billion liters, or 11%), and the Netherlands (2.6 billion liters, or almost 8%).

At the same time, the Netherlands continues to be the main exporter of beer, having shipped 2.6 billion liters outside the country, including EU states, in 2022 (up 0.7 billion liters from the previous year). This represents 27% of total EU export sales.

The second place was taken by Belgium (1.6 billion liters, 17%), the third – by Germany (1.5 billion liters, 16%). The Czech Republic (0.6 billion liters, 6%) and Ireland (0.4 billion liters, 5%) were also in the top five.

The main destinations for beer exports outside the EU were the UK (860 million liters, 21%) and the USA (716 million liters, 18%), as well as China (349 million liters, 9%), Russia (271 million liters, 7%), and Canada (155 million liters, 4%).

France remained the largest importer of beer in the European Union, purchasing 0.9 billion liters of beer from union members and other states, accounting for 17% of the total volume. Next came Italy (over 0.7 billion liters, or 14%), Germany (just under 0.7 billion liters, 12%), the Netherlands (0.6 billion liters, 11%) and Spain (0.5 billion liters, 10%).

Britain imported the most significant volumes of beer into the EU (excluding union members) – 290 million liters, or 57% of all shipments. It also imported 99 million liters of Mexican beer (19%), 40 million liters of Serbian beer (8%), 15 million liters of Ukrainian beer (3%) and 11 million liters of Chinese beer (2%).

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