Business news from Ukraine

Republic of Korea to provide Ukraine with high-power generators

The Republic of Korea will provide Ukraine with high-power generators, First Deputy Chairman of the Verkhovna Rada Alexander Kornienko said in Seoul, according to the website of the Ukrainian parliament.
The website of the Verkhovna Rada also quotes the Ambassador of Ukraine in the Republic of Korea Dmytro Ponomarenko: “It has been agreed with the Korean side to transfer 20 generators rated 450-500 kW and five mini-excavators DOOSAN DX17 as humanitarian aid to Ukraine. It is planned to deliver the generators by charter flight on December 12 of the current year. Also in December it is planned to charter a ship for transportation of excavators but a specific date has not been defined yet”.
Kornienko emphasized that Ukraine very much appreciates “the support that Korea has already provided and the support that it plans to provide!”
The first vice-speaker of the Verkhovna Rada heads the parliamentary delegation, which is on a working visit to South Korea on November 24-26.

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Ukraine simplifies the import of generators and other power equipment

The Cabinet of Ministers, at a meeting on November 16, 2022, adopted a resolution simplifying the import of generators and other power equipment to Ukraine.

“The new regulation on importation into the customs territory of Ukraine temporarily (until the termination or cancellation of martial law and for the next 90 calendar days) provides for not applying to such goods the requirement for a declaration of conformity and marking with a mark of compliance with technical regulations,” the Ministry’s website says. economy on Thursday.

The document complements six previous Cabinet of Ministers resolutions on the approval of certain technical regulations, the effect of which may apply to the relevant goods.

“The adoption of the resolution will help to meet the needs of the domestic market with equipment for the restoration and stabilization of electricity and gas supply to consumers, which is caused by challenges in the energy sector in the context of martial law in Ukraine,” explained First Vice Prime Minister – Minister of Economy Yulia Sviridenko, whose words given on the site.

Earlier, the Cabinet of Ministers exempted generators, batteries and other equipment from import duties and VAT, helping to improve energy supply.

“However, at customs, importers faced problems with clearance of such goods. The current resolution should eliminate these inconsistencies,” the Ministry of Economy stressed.

Grain Alliance purchased four 1.7 MW generators for Piryatyn grain elevator

Agricultural company Grain Alliance (Sweden) with assets in Ukraine has purchased and installed four diesel electric generators with a total capacity of 1.7 MW at Piryatynskyi elevator in Poltava region, which will enable the company to ensure continuous operation during prolonged power outages.
As reported on the company website on Wednesday, thanks to its own power generation the enterprise works productively despite the difficulties with electricity in Ukraine: as of the morning of November 7, the granary with the total capacity of 100 thousand tons has stored almost 20 thousand tons of corn, over 23 thousand tons of soybeans and 1.5 thousand tons of sunflower.
“We installed and connected all four generators promptly almost on the day of receipt, despite the weather or other technical conditions. The cumulative capacity produced by the new elevators is 1.7 MW. Thus, the division has ensured its energy independence in order to meet the set production objectives to the end,” Grain Alliance quotes Piryatynsky elevator director Oleksandr Gavrilenko as saying.
Silos with a total capacity of up to 100 tons of agricultural products are installed on Piryatynsky granary: six silos of 8 tons each produced by “Lubnymash”, 4 silos of 12 tons by “Option Agro Bud” and two silos of 5 tons by KMZ Industries.
In total, Grain Alliance has six granaries in Ukraine with a total capacity of over 260 thousand tons.
Before war, the agricultural holding farmed 57 thousand hectares in Kyiv, Poltava, Chernigov and Cherkassy regions, grew over 300 thousand tons of grains and oilseeds a year, and owned more than a thousand head of cattle.
The founders of Harvest Moon East LLC (Baryshevka village, Kyiv region) and BZK Grain Alliance (Sweden) created a joint company, Grain Alliance, in 2009.

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Cabinet of Ministers exempted from VAT and duties on generators, transformers and other goods

The Cabinet of Ministers has exempted generators, transformers and other goods important for the heating season from VAT and import duties, Prime Minister Denys Shmygal said.
“Today the Cabinet of Ministers will approve a resolution, thanks to which important goods for the passage of this heating season will be exempt from payment of VAT and import duty,” Shmygal said at a government meeting on Tuesday.
These include gas generators, electric motors and generators, electric generating sets and rotating electrical converters, transformers, electric batteries, electric water heaters and heaters, and some other energy and heat supply goods.
“This is important to speed up repairs now, improve light and heat supply, meet public demand and reduce prices of related products,” he added.

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Ukraine received 700 generators, 900 more will be delivered soon – Shmygal

Ukraine has already received 700 generators from donors and another 900 will be delivered soon, Prime Minister Denys Shmygal said.
“We are preparing for any scenario. We are stockpiling equipment for emergency power generation,” he said at a government meeting Friday.
The prime minister said a coordination meeting was held Nov. 3 with UN agencies and USAID. “We talked about preparations for winter. We have already received 700 generators from donors. Another 900 will be delivered from them in the near future,” the prime minister said.

Sales of generators and power banks in Ukraine increased 10 times in September-October

Sales of generators and power banks in September-October 2022 increased 10 times compared to the same period in 2021 in the ALLO national marketplace network, the company’s press service told Interfax-Ukraine.
“The demand for goods marketplace” ALLO during the war has changed a lot. Now Ukrainians are buying generators, heaters, lights, charging stations. They also continue to buy the necessary electronics, goods for remote work, study and everyday life – these categories of goods do not lose popularity, although overall demand has decreased. Sales of clothing, footwear, school uniforms, children’s products and toys fell by 90%. Until December, there will be a deficit for generators, solar panels, power banks,” said Natalya Pankratova, COO of ALLO Group and head of the allo.ua marketplace.
At the same time, generator sales increased 10 times in September 2022 compared to September 2021. In October, the jump has slightly decreased: the increase in sales this month is five times.
“The average bill (for generators) as a whole increased by 82% over the year and amounted to more than UAH 30,000,” Pankratova said.
Most often, Ukrainians choose compact generators of 2.5-2.8 kW. Owners of private houses prefer dual-fuel generators, diesel and gasoline, 5.5 kW or more.
Powerbank sales also increased 10 times compared to 2021. At the same time, the company noted that in the pre-war period, less capacious models were popular, now models with a capacity of 20,000 mAh, which are suitable for smartphones, start-watches and tablets, are in high demand.
According to the results of the third quarter of 2022, the average check in this category is UAH 2,000.
The company noted that during the war there was a demand for charging stations, before the war, consumers had enough power banks. The average bill of charging stations for the third quarter is UAH 28,000.
Partners of the national marketplace “ALLO” are thousands of Ukrainian entrepreneurs offering goods in more than 3 thousand categories. At the beginning of the Russian military invasion, demand for all goods, without exception, fell by 80-90%. Most partners of the ALLO marketplace did not work until April, now more than 75% of merchants have resumed work.
LLC “Allo” was founded in 1998. As of February 2022, the network consisted of 340 outlets in 140 cities of Ukraine. Now more than 270 outlets are open.
According to the latest data from the opendatabot resource, the participants of Allo LLC are PE Dniproinvest 2016 (95.19%), Dmitry Derevitsky (3.6%), Maxim Raskin (1.21%). The ultimate beneficiary is Derevitsky.

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