Malt producer Slavutsky Malt Plant PJSC (Krupets, Khmelnytsky region), a member of the international agro-industrial group Soufflet, increased its net profit by 4 times in 2023 compared to 2022 – up to UAH 388.57 million.
According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its revenue for the year increased by 15.3% to UAH 1.671 billion, assets – by 3.7 times to UAH 1.073 billion, and total debt obligations decreased by 2.7 times to UAH 128.915 million.
At the same time, the company increased the number of employees by five to 83.
According to the report, at the annual shareholders’ meeting on April 19, shareholders will be proposed to use the profit to develop the company and replenish working capital, and not to accrue or pay dividends based on the results of financial and economic activities for 2023.
Slavuta Malt Plant is owned by International Malt Company JSC, which was founded by Compaginie Internationale de Malteries (France), a company created by the merger of Soufflet Group and the French agricultural cooperative Invivo.
Soufflet Group, one of the world’s largest malt producers, has 28 malt plants in Europe, Asia and South America. The company is the largest flour producer in France, produces bread and confectionery in France and Portugal, and operates on the international grain market through its trading division Soufflet Negoce.
Trypillia Packaging Plant (TUP, Ukrainka, Kyiv region), a subsidiary of the shutdown Rubizhne Cardboard and Packaging Plant in Luhansk region, increased corrugated packaging output by 20.8% in January-March compared to the same period in 2023, to 39.4 million square meters.
According to statistics provided to Interfax-Ukraine by UkrPapir Association, the mill accelerated the growth rate of corrugated packaging output compared to the same period last year – in January it was 5% compared to January 2023, and 12.3% in January-February.
The plant consistently ranks second in corrugated packaging production after Kyiv Cardboard and Paper Mill (52.9 million square meters).
In March, TUK increased its corrugated packaging production by 41% year-on-year and by 7% year-on-year to 13.6 million square meters.
In monetary terms, TUK’s production volume in the first quarter of 2014 increased by 5% to UAH 651.6 million.
In January-March, the major companies in the industry that provided data to UkrPapir increased production of cardboard boxes by 17.8%, to 136 million square meters, according to the association.
As reported, before Russia’s full-scale invasion of Ukraine, Rubizhne Pulp and Paper Mill together with TUK were the leading corrugated packaging producers in Ukraine.
After the destruction, the plant in Rubizhne shut down, and the legal entity Rubizhne CTC was re-registered in Kyiv.
TUC produces a wide range of corrugated cardboard products for food, industrial goods and chemicals. Among its customers are Roshen, Coca-Cola, MHP agricultural holding, and Lactalis Group.
In 2023, Trypillia Paper Mill increased its sales volume by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 17.9% to 145.8 million square meters.
Insurance companies-members of the Motor (Transport) Insurance Bureau of Ukraine (MTSBU) in January-March 2024 concluded 1.7 million contracts of compulsory civil liability insurance of owners of land vehicles (CMTPL), which is 5.02% more than in the same period of 2023.
According to data released on the MTSBU website, 74% or 1.2 million contracts were concluded electronically, 20% more than in January-March last year.
Members of the Bureau for the three months of 2024 increased the collection of insurance payments under CMTPL insurance policies by 26.2% compared to the comparable period of 2023 – up to UAH 2.1 billion, including UAH 1.673 billion (+41.12%) under electronic contracts.
The amount of the average insurance premium under MTPL contracts is UAH 1,262.8 (+20.1% compared to the same period of 2023).
The total amount of accrued insurance indemnities under domestic insurance contracts has increased by 31,16% – up to UAH 1,18 billion, including UAH 237,9 million paid using “europrotocol” (+17,34%).
The Bureau also recorded an increase in the number of settled claims for insurance compensation by 17.95% – up to 36.6 thousand, including data on the use of “Europrotocol” -13,206 thousand (+3.94%).
The average amount of insurance indemnity for claims of victims in Q1 2024 is UAH 32,270 thousand, which is by 11,2% more than in the same period of 2023 (UAH 29,019 thousand).
The ITSBU is the only association of insurers in Ukraine, carrying out compulsory insurance of civil liability of owners of inland motor vehicles for damage caused to third parties. 33 insurance companies are members of the Bureau.
The number of registered unemployed people increased by 7.9% to 118.5 thousand in March, mainly due to the increase in the number of unemployed women for the fourth month in a row, including last month – by 7.6 thousand to 91.9 thousand.
According to the data of the National Bank of Ukraine (NBU), released on Friday, the number of unemployed also increased among people under 35 years old – by 2.3 thousand, up to 27.1 thousand.
It is specified that such a trend has lasted since January 2024.
As in the previous month, the largest number of unemployed citizens was recorded in the following regions: Zaporizhzhya (8.9 thousand), Kharkiv (8.6 thousand), Dnipropetrovsk (8.4 thousand), Sumy (7.3 thousand) and Poltava (6.4 thousand).
According to the central bank, the number of unemployed receiving benefits increased from 46.6 thousand to 51.2 thousand, while the number of vacancies also increased to 44.5 thousand from 41 thousand in February.
More details on macroeconomic indicators of Ukraine and the world, GDP of major countries and other economic topics were discussed in one of the video analysis of Experts club analytical center – https://youtu.be/w5fF_GYyrIc?si=Ymo-FlMFNGfLLdK-.
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Significant rains are expected on Sunday, April 21, in Kyiv, Chernihiv, Cherkasy, at night and Odessa, Mykolayiv, Kirovograd and Sumy regions, reports Ukrhydrometcenter.
In the afternoon in the eastern, Cherkasy, Poltava, Dnipropetrovsk, Kherson and Zaporizhzhya regions thunderstorms, in the south-eastern and central regions wind gusts of 15-20 m/s. In this regard, in these areas declared I level of danger, yellow.
At night on April 21-22, April 21-22 in the western regions on the surface of the soil frost 0-3 ° (I level of danger, yellow).
Ukraine has officially opened its embassy in Rwanda with the participation of Rwandan officials, ambassadors and members of the diplomatic corps, marking an important step in the development of bilateral relations between the two countries, the Foreign Ministry’s website has reported.
According to the Foreign Ministry’s press service, on April 18, Ukraine’s Special Representative for the Middle East and Africa Maxim Subh made a working visit to the city of Kigali to officially open the Ukrainian Embassy in the Republic of Rwanda as part of his tour of African countries.
The event was attended by Permanent Secretary of the Ministry of Foreign Affairs and International Cooperation of Rwanda Clementina Mukeka, ambassadors and members of the diplomatic corps accredited in Rwanda, representatives of the media and business circles of the host country.
It is noted that Subh informed the participants of the opening ceremony of the embassy about countering the ongoing armed aggression of Russia, Russian massive missile strikes on the energy and industrial infrastructure of Ukraine, as well as the efforts of the Ukrainian people and the Armed Forces of Ukraine aimed at protecting the sovereignty and territorial integrity of the state.
During his visit to Rwanda, the Special Representative met with the Rwandan Minister of Foreign Affairs and International Cooperation Vincent Biruta. The parties discussed the prospects for the development of bilateral cooperation, as well as interaction within the framework of international organizations.
“I highly appreciate Rwanda’s position on supporting the sovereignty and territorial integrity of Ukraine,” the Ukrainian diplomat emphasized.
The special representative also handed Biruti a personal message from Ukrainian Foreign Minister Dmytro Kuleba and an invitation to participate in the Global Peace Summit.
For his part, Rwandan Minister Vincent Biruta noted the heroism of the Ukrainian people, who, according to him, courageously oppose Russian aggression. The minister said that the Rwandan side was considering the possibility of participating in the Global Peace Summit in Switzerland.
Biruta also noted that the opening of the Ukrainian diplomatic mission is an important step in the development of relations between Ukraine and Rwanda, which will give a new impetus to bilateral cooperation.
