Business news from Ukraine

Business news from Ukraine

Export of dairy products from Ukraine dropped by 27%

Ukraine in April 2023 exported 6.55 thousand tons of dairy products, which is 27% less than in March, while imports increased by 3% and reached 5.17 thousand tons, the Ukrainian Club of Agrarian Business (UCAB) said.
“Despite the fact that some bans have been lifted, they had a very negative impact on the foreign economic situation in the industry. The last time such export volumes were observed a year ago, before the European Parliament supported the termination of import duties on Ukrainian agricultural products”, – UCAB analyst Maxim Gopka said.
According to the experts, the main reasons for the decrease of export were the blockade of import of Ukrainian agricultural products to the EU, difficulties with transit through East European countries and passive demand in the world.
UCAB points out that the decline in supplies can be observed in almost all categories without exception: unthickened milk and cream – by 33%, to 1.66 thousand tons; condensed milk and cream – by 40%, to 988 tons; yogurt and kefir – 17%, to 200 tons.
Exports of milk whey decreased by 17% to 1.03 thousand tons; butter – by 4% to 808 tons; ice cream – by 2% to 824 tons; cheese of all kinds – by 33% to 515 tons.
The Association also stressed that the export of dairy products to Poland fell in April by 29% compared to March and amounted to 242 tons.
The largest importers of Ukrainian products remained Moldova, Kazakhstan and Azerbaijan.
As for imports, the biggest growth – by 74% to 142 tons – was observed for milk and cream, the UCAB stated.

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Changes in consolidated budget expenditures in 2021-2023 (%)

Changes in consolidated budget expenditures in 2021-2023 (%)

Source: Open4Business.com.ua and experts.news

Kyiv Cardboard and Paper Mill increased production volume by 22%

Commodity output of Kyiv Cardboard and Paper Mill (Kyiv CPM, Obukhiv, Kyiv region), the leader of Ukrainian industry according to this indicator in January-April 2023 amounted to 2 billion 457.5 million UAH, which is 21.7% more than the same indicator of the first quarter of 2022.
According to statistics from UkrPapir association, provided to Interfax-Ukraine news agency, the plant has slowed down a little bit the growth rate of this index compared to the same period last year (in January-March the increase exceeded 27%).
In terms of volume production of corrugated boxes at the plant increased by 47.8% – to 70.06 million square meters. Production of cardboard increased by 26.3% to 55.37 thousand tons, due to the growth of containerboard output by 55.2% to 36.38 thousand tons, while the production of cardboard boxes decreased by 34% to 7.54 thousand tons.
At the same time, the output of backing paper for the manufacture of sanitary and hygiene products retains the negative trend, although slowed down – in January-April it fell by 27% to 14.29 thousand tons, while the production of toilet paper rolls fell by 29.6% to 78 million pieces.
Combine, despite the reduction in production of toilet paper, retains leadership in the production of toilet paper in Ukraine: a total of 180.9 million rolls (9% less) were produced by the main companies in the industry over four months.
According to the profile association, received from the major enterprises of the industry, a total of 172.76 tons of paper and cardboard (almost 14% more), and 155.30 million square meters of cardboard boxes (+26.3%) were produced in Ukraine in January-April 2023.
At the same time, the increase in these figures compared with the same period last year is largely due to the low comparative base of March 2022 – the first full month of full-scale invasion by Russia, when many companies have suspended their work.
Interfax-Ukraine Agency in the press-service of the plant, describing the current situation in the markets of branch products, explained that the market of corrugated products has decreased by 35-40%, taking into account the fall in demand for it in conditions of war.
“The situation with sanitary products is similar. In addition, in addition to the overall level of the economy, its demand is influenced by the number of people – the main consumer. Today, a large number of people have left Ukraine, many remain in the occupied territories, therefore, accordingly, the market has also decreased. The reduction in market volume is, depending on the segment from 18 to 35%,” – the company said.
In addition, there is a redistribution of demand in the segments of these products – the consumer saves money, so it reduces costs in the non-basic categories (napkins, towels) and focuses on the main – toilet paper.
“It has become much more difficult to export products: high logistics costs virtually eliminate the possibility of selling to the Middle East and North Africa. It is difficult to compete in Europe, because the cost of logistics “eats up” the possible earnings. In addition, because of the war, few companies are ready to sign long-term contracts, because because of all the possible risks it is difficult to guarantee a regular supply from Ukraine,” says the company.
At the same time, the plant is active in humanitarian work, including the allocation of more than UAH 0.5 million monthly in support of medical and educational institutions, public and volunteer organizations. Earlier it provided thousands of mobile corrugated beds and corrugated stools for the displaced people in Cherkasy, Znamenka, equipped hospital shelters and, in particular, the Kharkiv metro.
Among recent initiatives is the purchase of warm kits for children in the territories of active fighting and a humanitarian mission to deliver food kits to the liberated Izyum.
Besides, according to the press service, despite the cancellation of the employer’s guarantee for the average wage in July last year, the plant continued paying the mobilized employees, which is the 10th part of the whole workforce.
Kiev KBC is one of Europe’s largest cardboard and paper companies, employing over 2.5 thousand people.
As it was reported, in 2022 the mill produced 7 billion 432 million UAH, which is 3.5% less than in 2021.
Pulp Mill Holding (Austria) owns 100% of shares of KKBK PJSC.

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Oil prices continue to decline, Brent at $74.9 barrel

Oil prices continue to decline Wednesday morning after ending the previous session in the negative.
The price of July futures for Brent on London’s ICE Futures Exchange stood at $74.88 a barrel by 8:08 a.m., down $0.03 (0.04%) from the close of the previous session. Those contracts fell $0.32 (0.4%) to $74.91 a barrel on Monday.
The price of WTI futures for June crude oil at NYMEX fell by $0.07, to $70.79 per barrel. The day before contract prices dropped $0.25 (0.4%) to $70.86 per barrel.
The market participants are waiting for data on fuel reserves in the USA for the week that ended on May 12. They forecast a decrease of oil reserves by 0.9-1.3 mln barrels. The Energy Department will publish the official statistics at 5:30 p.m. Wednesday. According to the American Petroleum Institute (API), reserves rose by about 3.7 million barrels.
Earlier, U.S. Energy Secretary Jennifer Granholm said the country intends to start adding to its Strategic Petroleum Reserve (SPR) next month. According to Price Futures Group analyst Phil Flynn, such a move would likely consolidate support for quotations at $70 a barrel, the target price for the US.
In addition, restocking the U.S. will try to “calm down” Saudi Arabia, which, apparently, was dissatisfied with the lack of buying activity from Washington at a time when “the massive outflow of funds from bank deposits gave it a chance,” quoted Flynn to MarketWatch.

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ADONIS private maternity hospital operates on all-inclusive basis

The ADONIS Private Maternity Hospital operates on an all-inclusive basis, according to which a woman receives:

full-cycle medical care;
the possibility of natural and operative childbirth;
free stay of the partner in the ward;
4 meals a day for the woman in labor and her partner (for an additional fee);
personal hygiene products for mother and newborn;
a set of clothes for childbirth;
free consultations with a breastfeeding specialist.
Wards
The department has 18 wards, including 8 Standard class and 10 Standard+ class. The wards have all the conditions for a comfortable stay: air conditioning, a dressing room, a sofa for a partner, a changing table, a bathroom, a refrigerator. You can find out more about the details of the wards’ equipment from the administrator.

Delivery rooms

As a modern private maternity hospital (90 Akademika Shalimova St., Kyiv), the center has 2 delivery rooms for natural childbirth and 1 operating room for cesarean section (planned or emergency). The rooms for natural childbirth are equipped with modern transforming chairs: in the process of giving birth, the woman in labor can take any comfortable position.

Important: A partner can be in the delivery room with the expectant mother for support. If desired, the partner can cut the umbilical cord or take the baby first.

Maternity insurance

The process of childbirth can be unpredictable, and the medical center in Sofiyivska Borshchahivka has intensive care units. Also, taking care of the health of the expectant mother and baby, the clinic and the insurance company InterExpress have developed a valuable offer. Specially for our patients, we have prepared insurance programs that include an impressive list of insured events:

Free excursions

Familiarization with the clinic is an important stage of preparation for childbirth. The expectant mother can get acquainted with the area where the medical center is located (Sofiyivska Borshchahivka), choose a ward, meet the staff, and assess in advance how comfortable she will feel in the department. The department administrators are ready to conduct a comprehensive tour of the department for you at any convenient time. For details and registration, please call +380672263520

Classes at the School for Future Parents

ADONIS experts will help expectant parents prepare for the arrival of the baby. Every week, on the basis of the department, neonatologists, obstetricians, gynecologists, and lactation specialists answer questions from expectant parents and talk about important moments during childbirth.

Check out the current schedule and topics here.

Pregnancy and childbirth management programs
Are you tired of memorizing what examinations you need to undergo before giving birth? Do you need to visit all the clinics in the city for consultations and examinations? Unclear what is included in the labor program?

Leave these worries in the past and use the programs from ADONIS!

The clinic has prepared several comprehensive proposals for the management of pregnancy and childbirth in different scenarios. You can find out the details and apply for the program from the administrator at any convenient department (except for the pediatric center at 22/20 P. Hryhorenko Street).

Other departments of the obstetric center

Women’s consultation (registration, pregnancy monitoring);
Department of Operative Gynecology (scheduled and emergency surgeries);
Own round-the-clock laboratory;
Neonatology and pediatric departments.
Other capabilities of the branch

In addition to the maternity hospital, various clinical and diagnostic areas are available to patients at the branch.

Clinical areas

Surgery;
Neurology
Pediatrics;
Family medicine;
Vaccination;
Dentistry;
Operative gynecology;
Orthopedics and traumatology;
Cardiology (pediatric and adult).
Diagnostics

MRI;
CT SCAN;
ULTRASOUND;
X-ray;
Endoscopy;
Taking a biopsy;
Laboratory tests.

Learn more

ADONIS has prepared comprehensive proposals for the management of pregnancy and childbirth in various scenarios:

Сommunities and businesses should form demand for post-war Ukraine structure

Over 4,000 participants joined the discussion on the future of Ukraine during the architectural and construction BUSINESS FORUM “Reconstruction of the country. Change strategy for the architects, developers and builders” organized by the Confederation of Builders of Ukraine together with the Media Group DMNTR | “House and Interior”.

“Since the Russian Federation full-scale invasion started, more than 50 million square meters of housing, which is about 9% of the entire housing stock, more than 1.2 thousand hospitals, more than 3 thousand educational institutions, thousands of kilometres of roads, hundreds of bridges, enterprises, infrastructure facilities have been destroyed or damaged. The homes of at least 1.3 million Ukrainian families have been damaged or destroyed, over 5 million Ukrainians have been forced to flee the country. We cannot know how long the war will go on but there is the task now to restore. And it has already started. To build better, al processes must be systematic, fast and transparent,” the President of CBU Lev Partskhaladze said, during the opening of the forum.

Over 9 hours of the main program discussion and 3 hours of the discussion within the framework of the Community Recovery Forum took place non-stop at several venues.

In the first panel of the main hall “Investments. Institutions. Reconstruction and integration of Ukraine into the global business context”, the state instruments and programmes for attracting international aid, which had already been implemented, were discussed.

In particular, the Head of Implementation of the State Agency for Restoration of Ukraine Vadym Nozdria described the agency functions and offices supporting at the local level, which help the communities to draw up the restoration projects and look for the donor financing based on priorities.

The co-founder of the RISE Ukraine Coalition, CEO at Better Regulation Delivery Office (BRDO) Oleksii Dorohan spoke about the launch of the digital ecosystem DREAM and informed about filling it with potential projects.

“The restoration projects should be entered into the Sectoral System to receive state funding. 5 thousand projects have already been submitted through the system, and when the government decides, which projects it will finance from the Fund for Elimination of the Consequences of Armed Aggression, the decisions will be made based on the digital analysis and comparison of projects not on paper,” Dorohan said.

There was a heated debate regarding the most pressing issue, which is the IDPs housing provision and destroyed housing reconstruction. The most effective and democratic tool is a mortgage, that is why the options for making the state affordable mortgage program eOselya more effective were discussed.

“1 thousand loans worth 1,3 billion UAH have already been issued. It is not much but it is the beginning,” the Deputy Minister of Economy Oleksandr Hryban said.

The Head of the Transformation Office and official of the Ministry for Restoration of Ukraine Maksim Bakhmatov emphasized that only a small part of the aid would come as a grant and the most part would be loans or private investments. And the state, communities and business joint task is to guarantee transparent selection, implementation and financing procedures.

Lev Partskhaladze informed that CBU, the only representative of Ukraine, together with the European Construction Industry Federation (FIEC), which unites 32 countries, and others had developed a general draft of recommendations for the future reconstruction of Ukraine. It contains clauses regarding open and transparent procurements, requirements for the equipment and materials, etc.

“In particular, there are recommendations on payment security, setting appropriate standards, training for communities, contractors, architects and many others, allowing us to rebuild better than before and as quickly as possible,” he said.

At the architectural block, the participants focused on the reconstruction philosophy, energy efficiency and inclusiveness in particular. Already developed projects, which could speed up the reconstruction, were shown. The consultant of the GIZ Project “Promotion of Energy Efficiency and Implementation of the EU Directive about the Energy Efficiency in Ukraine” Svitlana Berzina focused on inevitable implementation of green standards, both in relation to building materials and projects in general.

Andrii Pashenko showed the educational institution typical projects. The Head of Construction Centre Project Office of the Steel Manufacturing Group METINVEST Tetiana Skrypka presented the “Steel Dream” project, houses with a metal frame of different heights and purposes.

During the discussion, the Co-founder and Principal Architect at Archimatika company Dmytro Vasyliev emphasized that the urban planning decisions of rural urbanism need to be rethought during the liberated territories restoration.

The topic of urban planning policy was the main one during the third panel discussion. The analytics presented by LUN (primary and secondary housing) and CBRE Ukraine (commercial real estate) showed a positive trend towards general market recovery and investment interest in Ukraine in particular. But the panel moderator, Founder and Head of Advanter Group Andrii Dligach, emphasized that the main issues had not been resolved yet, either at the state level or at the community level. Where exactly and who should we build the houses and industrial facilities for? Should we restore infrastructure with public/loan funds or private investments? How should we stimulate people to return and invest in business development of various formats, etc.?

In particular, the panellists, including active business representatives, emphasized that it is business that is able and has the opportunity to attract foreign investments (both direct and in form of funds). And the expectations of safety and legal protection conditions from the state institutions have not changed.

In addition, as a part of the BUSINESS FORUM, the Community Recovery Forum, which brought together the government officials, local self-government associations, regional military administrations, mayors and village heads, as well as the industry experts, was held.

During the discussion, the Chairman of the Secretariat of the Ukrainian Association of District and Regional Councils Yuriy Andriichuk pointed out the instruments that would stimulate investment in the east of the country are urgently needed. “We consider the 75 km border zone in the East and North should be a priority. Our territories should not be liberated only but there should be the life, and people should return,” he said. The expert drew attention to the fact that it is necessary to attract such tools as concessions and international insurance programs in addition to loans and grants.

“We have already compiled issues of 1,800 settlements in the gray zone. The insurance companies, which will provide the opportunities to create jobs, are needed for an investor to come there,” he said.

During the forum, the President of the Confederation of Builders of Ukraine Lev Partskhaladze and Head of the Association of Small Cities of Ukraine Pavlo Kozyrev signed the Memorandum of Cooperation on joint actions aimed at increasing the capacity of local self-governments of Ukrainian communities to restore the communities and territories affected by Russia’s military aggression. The cooperation provides advisory, informational, expert and analytical, as well as other support, organization and implementation of joint events, projects and programs using the digital platform “SUPERMARKET OF SOLUTIONS FOR COMMUNITIES” as an effective tool to interact with local self-government officials.

In total, more than 40 speakers took part in the forum discussions and several hundred viewers joined the online broadcast.

During the forum, architectural bureaus, manufacturers and suppliers of products and technologies presented their projects, products and technologies at the exhibition venues. There was also an exhibition of the works of All-Ukrainian competitions Ukrainian Urban Awards and Interior of the Year. At the same time, master classes of architects, urbanists, designers and developers were held on additional venues in a non-stop format from 12:00 to 21:00.

The organizers transferred 500,000 hryvnias to the Fund of the President of Ukraine Volodymyr Zelensky UNITED24, destination: Reconstruction of Ukraine.

Lev Partskhaladze emphasized that the BUSINESS FORUM primarily aimed at the consolidation of efforts of all those who will be involved in the reconstruction of Ukraine.

“That is why it is important to bring together government officials, business, communities, international community, etc. on one platform. I am sure that the reconstruction of Ukraine should be implemented quickly, efficiently and transparently due to the synergy and active participation of the professional public and local communities,” he concluded.

General sponsor: Metinvest

General Partner: ARCHICLUB

Finance Partner: Bank Globus

Strategic Partner: LUN, Forbes

Partners of the event: SAGA Development, TOPIAR, TOMA GROUP, Kolorit, Farba Service, Світ Меблів, Sensar Development, Міністерство дверей, KMD- facade solutions, BUDOVA, ADVANTAGE AUSTRIA Ukraine, Креатор-Буд, Інтергал-Буд, UGLA, MANEZH, Beloded Landscaping, Galleria Porcellanato, Інститут екологічного управління та збалансованого природокористування – проєкт GIZ Energy Efficiency and Climate Projects, СПС-БУД, Нове Століття, Royal House, ГК «Моноліт», Reynaers Aluminium Belgium, АГРОМАТ, ТОВ Данко, GalantPole, hansgrohe Ukraine, KyivBuild, ПБФ ГРУП, Оскар Груп, Ribas Hotels Group, Harmet Modular Houses, Caspian Servise, Natuzzi, Bosphorus Development

General Media Partner: Interfax-Ukraine

Media Partners: Build Portal, ProfBuild, Commercial Property, Хмарочос, АФНУ Україна, Асоціація малих міст України, Асоціація Інженерів-Консультантів України, UkraineInvest, HD Technopolygon, Українські Новини, ROYAL Design MAIN, Property Times, Soft Loft, Інформатор, StroyObzor, Marketer, Economist.com.ua, Портал нерухомості Budynok, Vidbudova, Mind. UA, Український центр сталевого будівництва, Zagorodna.com, Аспекти Будівництва, Home Ideas Supply, Comments.ua, Aspekty.Media, Київ | Вайб твоєї столиці, HIS.ua, LIGA ZAKON, Ukrainian Association of Government Relations Professionals and Lobbyists, Coatings-UA.com