Business news from Ukraine

Bulgaria, Hungary and Slovakia have received right to export to Ukraine oil products from Russian oil

The ninth package of EU sanctions against Russia adopted on Friday allows Bulgaria, Hungary and Slovakia, which received a reprieve from the European Union’s oil embargo on Russian oil, to export oil products produced from it to Ukraine.
The EU Council resolution published in the EU Official Journal on December 16 says the decision “allows Hungary, Slovakia and Bulgaria to export to Ukraine certain refined products derived from Russian crude oil imported on the basis of the considered derogations (from the embargo – IF), including, if necessary, by transit through other member states.”
Another paragraph of the ruling allows Bulgaria to “export to third countries certain petroleum products derived from Russian crude oil imported on the basis of the derogations under consideration.
The publication attributes this to the need to “reduce environmental and safety risks, as such products cannot be safely stored in Bulgaria.
The document specifies that the respective annual exports should not exceed the average annual volume of exports of such products for the last five years.

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Bulgaria to send military aid to Ukraine for first time

Bulgaria’s parliament on Friday approved a list of weapons that will be sent to Ukraine as aid for the first time since the full-scale Russian invasion, Reuters reported.
“The weapons list is classified, but government officials said Sofia will send mainly light weapons and ammunition,” the report said.
A total of 148 deputies from the 240-member parliament voted in favor of sending aid Friday, while the Socialists and the pro-Russian Revival Party voted against it.
Acting Defense Minister Dimitar Stoyanov said Bulgaria, a NATO member, could not afford to send its Russian-made surface-to-air missile systems or the MiG-19 and Su-25 fighters Kiev needs.
“My approach was conservative because I need to ensure Bulgaria’s defense capability. The aid is fully in line with Ukraine’s priorities, but we are not sending S-300 systems or MiG-29 or Su-25 aircraft,” Stoyanov told Nova TV in a commentary.
Bulgaria has reportedly not previously sent weapons to Ukraine, but its arms manufacturers have seen a sharp increase in exports, a November report from the Bulgarian Industrial Association showed. In August, the Ministry of Economy approved arms export deals worth more than 1 billion leva ($540.22 million), most of which were destined for Poland, one of the key hubs for sending weapons to Ukraine.
According to Reuters, Bulgaria was one of the few EU countries that did not send aid to Ukraine after the Russia-friendly Socialist Party, a coalition partner in the previous government, blocked a previous proposal in May.

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Three ships with corn and sunflower seeds will deliver cargo to China, Bulgaria and Italy

Three dry cargo ships carrying corn and sunflower seeds left Ukrainian ports on Friday, the Joint Coordination Center (JCC) reported.
“Three ships left Ukrainian ports on December 2, carrying a total of 106,500 tons of grain and other agricultural products under the Black Sea Grain Initiative,” the report said.
Vessel Aspasia Luck is transporting 63 thousand tons of corn to China, Sea Inspiration is delivering 26.5 thousand tons of corn to Italy. Lady Perla dry-cargo carrier will carry 17 thousand tons of sunflower seeds to Bulgaria.
Three vessels, which passed through the sea humanitarian corridor on December 2, are also on their way to Ukrainian ports.
“As of December 2, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 12,713,836 tons. A total of 1,031 vessels have been allowed to move so far: 515 to arrive at Ukrainian ports and 516 to leave them,” the report said.

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Romania, Bulgaria and Croatia will help Ukraine increase agricultural exports in transit

The leaders of Romania, Bulgaria and Croatia have supported the “Grain from Ukraine” initiative announced by the president of Ukraine and announced further efforts to increase existing and create new transit corridors for the export of Ukrainian grain and other agricultural products.
“Since the beginning of the war, 8.4 million tons of grains and oilseeds from Ukraine have been transited (through Romania) to consumers in the world. We expect transit exports from Ukraine to increase in the coming months,” Romanian Prime Minister Nicolae Ciuca said in a video message at the international food security summit in Kiev on Saturday.
He noted that Romania has acted very strongly in support of Ukrainian grain exports through Romanian ports and will continue working to increase connectivity between the countries by land and rail, including the recent opening of a new border crossing.
Ciuche also stressed that Romania has and will not back down from supporting Ukraine and Moldova in the energy sphere. “We will not allow Russia to plunge the region into darkness,” he said.
Bulgarian President Rumen Radev said at the summit that Bulgaria has managed to transport about 200,000 tons of grain from Ukraine across the Danube in recent months, and the country intends to continue this transportation project.
“Unfortunately, the loss of power in Ukrainian ports due to Russian shelling has made this process difficult for Bulgarian vessels,” he said.
Radev also said Bulgaria is providing fuel to Ukraine so the country can support the agricultural and transportation sectors.
Croatian Prime Minister Andrea Plenkovic also supported work on new corridors for the supply of Ukrainian products as part of the EU’s Solidarity Routes project.
“Croatia is actively joining, and will attract other ports on the Adriatic and there are opportunities for corridors along the Danube River,” said the Croatian government head.
The three leaders welcomed the extension of the Black Sea Grain Initiative for another 120 days, and the Bulgarian president urged the search for stable long-term solutions.

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BULGARIA RESETTLES UKRAINIAN REFUGEES FROM RESORT HOTELS BY SEA TO BUFFER CENTERS

Bulgaria is resettling Ukrainian refugees from resort hotels by the sea to buffer centers in the cities of Sarafovo and Elhovo for further placement in other places of temporary accommodation in the interior of the country, according to the Bulgaria for Ukraine portal.
“We are ending the integration plan for the resettlement of refugees in the interior of the country, with which we sought to meet the needs of the people. All persons who are in hotels and say that they have nowhere to go will be temporarily placed in buffer centers in Sarafovo and Elhovo,” the source was quoted as saying. in the message, Deputy Prime Minister for Effective Public Administration of Bulgaria Kalina Konstantinova.
According to the new plan of the National Headquarters, all Ukrainian refugees will be temporarily placed in buffer centers before being resettled in places of temporary accommodation.
According to the Deputy Prime Minister, the authorities are currently determining the exact number of Ukrainians who have lost their homes at home and intend to take advantage of temporary asylum in Bulgaria.
“I urge those of you who do not need asylum to declare it now. This is the only way we can immediately take care of people who really need it,” Konstantinova stressed.
At the same time, persons who have refused humanitarian resettlement still have the right to free residence in Bulgaria until February 24, 2023, social benefits, the right to work and treatment.
As reported, Bulgaria’s new humanitarian program provides for the resettlement of refugees in lower-class housing, family hotels and guest houses. According to the certificate in the system of the Ministry of Tourism of Bulgaria, the possibility of accommodation in places 1 and 2 stars is 175 thousand beds.
Source: https://ukraine.gov.bg/

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VARIANT IRRIGATION TO SUPPLY IRRIGATION MACHINES TO BULGARIA

The leading Ukrainian manufacturer of sprinkler equipment Variant Irrigation (Kharkiv) signed a contract with a large agricultural holding in Bulgaria for the supply of six sprinkler machines with a length of 350 to 600 meters, the company’s website reported on Thursday.
The project, the cost of which was not disclosed, in addition to the supply of irrigation equipment, provides for the creation of infrastructure – the laying of main pipelines for the customer.
“Despite the difficult situation in Ukraine caused by Russia’s military aggression, domestic producers continue to work, look for new markets, and reformat their processes. The management of Variant Irrigation decided to save production equipment as much as possible, retain personnel, stay in Ukraine, and gradually establish production processes in safe regions,” the report says.
As reported, from June, new relocated production of Variant Irrigation in the west of Ukraine will start operating in the regular mode.
Variant Irrigation is the Ukrainian irrigation market leader in terms of the number of supplied wide-sprinkler sprinklers.

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