Business news from Ukraine

Business news from Ukraine

Azerbaijan has increased gas supplies to Italy

Natural gas supplies from Azerbaijan to Italy via the Trans Adriatic Pipeline (TAP) in January-July 2024 amounted to 6.075 billion cubic meters, which is 6.4% more than in the same period last year, the Italian Ministry of Environment and Energy Security reported.

The country imported a total of 35.273 billion cubic meters of natural gas in the first seven months of this year – 4.3% less than a year earlier. At the same time, the share of Azerbaijani gas accounted for 17.2%.

According to the agency, in July, Azerbaijani gas supplies to Italy amounted to 905 million cubic meters (an increase of 12.2% compared to July last year), or 21.5% of the total imports of natural gas, which is estimated at 4.201 billion cubic meters (a decrease of 1.8%).

In 2023, Italy received 9.988 billion cubic meters of gas from Azerbaijan via TAP (down 3.2% on the 2022 level). Azerbaijan plans to supply 9.6 billion cubic meters of gas to Italy in 2024. Azerbaijan started exporting gas to Europe on December 31, 2022.

 

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Ukraine exported pig iron mainly to US, Italy and Turkey in January-August

In January-August this year, Ukraine reduced pig iron exports in physical terms by 19.8% compared to the same period last year, to 749.454 thousand tons. According to statistics released by the State Customs Service (SCS) on Friday, pig iron exports in monetary terms decreased by 19.6% to $286.447 million during the period.

At the same time, exports were carried out mainly to the United States (66.28% of supplies in monetary terms), Italy (10.03%) and Turkey (9.85%).

In the first eight months of the year, the country imported 15 tons of pig iron worth $37 thousand from Germany (in January, March, May, June, July and August, there were no imports), while in the same period in 2023, it imported 65 tons of pig iron worth $97 thousand.

As reported, in 2023, Ukraine reduced pig iron exports in physical terms by 5.8% compared to 2022 – to 1 million 248.512 thousand tons, while exports in monetary terms decreased by 26.2% to $471.467 million. Deliveries were made mainly to Poland (51.91% of supplies in monetary terms), Spain (21.41%) and the United States (13.15%).

In 2023, Ukraine imported 154 tons of pig iron worth $156 thousand from Germany (42.31%), Brazil (41.67%) and Poland (16.03%), compared to 40 tons of pig iron worth $23 thousand in 2022.

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Italy is ready to organize summit on Ukraine’s recovery in 2025

Italian Foreign Minister Antonio Tajani said that his country is ready to host and organize the 2025 Ukraine Recovery Conference, the Italian Foreign Ministry website reports.

“The Italian government is firmly committed to supporting the recovery and reconstruction of Ukraine, as evidenced by the wide and authoritative presence of our business community in Berlin. We have also put this issue at the center of our G7 presidency: we expect concrete results from the Conference and are ready to take over the organization of its holding in Italy in 2025,” Tayati said at the annual Ukraine Recovery Conference, which this time took place in Berlin.

The politician also added that Italy’s bilateral assistance amounts to more than two billion euros. This is the amount excluding military aid and the contribution to the pan-European aid.

“The 2025 Recovery Conference will be attended by heads of state and government from 77 countries: a total of about 1,800 participants are expected. 500 companies will be invited, including 150 from Germany, 150 from Ukraine and 200 from other participating countries,” the Foreign Ministry added.

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Italy to send new military aid package and allocate €140 mln for Ukraine’s infrastructure

Italian Foreign Minister Antonio Tajani has announced that the Italian Republic is ready to send a new package of military aid with enhanced air defense for Ukraine and has agreed on a new package worth 140 million euros for the development of Ukrainian infrastructure.

“I completely agree with Dmytro (Kuleba – IF-U) when he says that the primary strategy for recovery, for reconstruction is to protect Ukrainian infrastructure, Ukrainian buildings with the help of air defense. And that’s why I want to inform you that Italy is ready to send a new military package with SAMP/T for the air defense of Ukraine,” he said at the panel session ”United in Defense. United in Renewal. Stronger Together” on the sidelines of the Ukraine Recovery Conference in Berlin on Tuesday.

The minister also emphasized that Italy is ready not only to provide military assistance to Ukraine, but also to provide support in other various sectors.

“There is a second piece of news. A new package of 140 million euros for infrastructure, railways, healthcare, agri-food, humanitarian and demining activities. This is a new, latest decision of the Italian government,” Tayani said.

He also reminded about the allocation of 45 million euros for the restoration of the historic center of Odesa.

“Today we signed a memorandum with the Ukrainian government on our cooperation in these very important sectors. Also, the cultural level, I want to emphasize this point, because it is important for Italy to support the reconstruction of the cathedral (in Odesa – IF-U). It is part of UNESCO,” he said.

The Italian Foreign Minister added that “cultural heritage is very important because Ukraine is part of Europe.”

In addition, the minister emphasized that Italy is ready to invest in Ukraine.

“Count on us, count on Italy,” Tajani said.

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Concert on occasion of 214th anniversary of Argentine May Revolution and 78th anniversary of Day of Italian Republic took place at Kyiv Conservatory

On June 1, 2024, the Tchaikovsky National Music Academy of Ukraine hosted an artistic event dedicated to the 214th anniversary of the Argentine May Revolution and the 78th anniversary of the Day of the Italian Republic, dedicated to the Argentine composer Astor Piazzolla.

This joint project was initiated and supported by the Embassy of the Argentine Republic in Ukraine, the Embassy of Italy and the Italian Cultural Institute in Ukraine in cooperation with the Tchaikovsky National Music Academy of Ukraine.

The artistic event of the friendly states of Italy and Argentina was a great manifestation of solidarity with the Ukrainian people and a significant example of cultural diplomacy.

At the beginning of the concert, the anthems of Italy, Argentina and Ukraine were performed by the Orchestra of Folk Instruments under the direction of Honored Artist of Ukraine Andriy Ivanysh.

Ambassador Extraordinary and Plenipotentiary of the Argentine Republic to Ukraine Ms. Elena Leticia Teresa Mukusinski, Ambassador Extraordinary and Plenipotentiary of the Italian Republic to Ukraine Mr. Pier Francesco Zazzo and Acting Minister of Culture and Information Policy of Ukraine Mr. Rostyslav Karandieiev delivered welcoming speeches.

In her speech, Ambassador Extraordinary and Plenipotentiary of the Argentine Republic to Ukraine, Ms. Elena Leticia Teresa Mukusinski, elaborated on the common history of Argentina and Italy in organizing this cultural event.

Between 1847 and 1957, Argentina received about 3 million Italian immigrants and it is estimated that 60% of the population of

Argentina are of Italian descent. Argentina is the Latin American country with the largest number of Italian immigrants, ranking second in the Americas after the United States.

In addition, Argentina has the largest Italian community on its territory, followed by Germany, Switzerland, Brazil and France. 15% of Italians who have settled abroad live in Argentina.

In fact, General Manuel Belgrano, a national hero who played one of the most important roles in the process of Argentina’s independence when the First National Government was formed in May 1810 and became the creator of the Argentine flag, was the son of an Italian immigrant from the province of Imperia in the Liguria region.

The list of Argentine presidents of Italian descent is no less significant: Bartolomé Mitre, Carlos Pellegrini, Arturo Frondisi, Arturo Illia, Mauricio Macri, and our current president, Javier Milei.

And the number of famous people, artists, scientists, scholars and athletes is countless, including Pope Francis, Juan Manuel Fangio, Clorindo Testa and, among others, our dear Astor Piazzolla,” the diplomat said.

The Ambassador also expressed her deep admiration for the courage and resilience of the Ukrainian nation: “As you know, Argentina has voted against Russia’s large-scale invasion of Ukraine in all UN General Assembly resolutions and international forums. We are participating in two working groups of President Zelenskyy’s “Formula for Peace”.”

For his part, the Ambassador of the Republic of Italy to Ukraine, Pier Francesco Zazzo, noted in his speech that Astor Piazzolla “was not only considered one of the greatest composers of the twentieth century for his unique tango works, which also contains elements of jazz and classical music, but he was also a descendant of an Italian family in Argentina, and his compositions intertwine Italian roots with the Argentine soul, symbolizing the unbreakable friendship between two nations united by a passion for music and culture.”

A musical gift for the guests was a performance by the world-famous Italian bandoneon player Mario Stefano Pietrodarki accompanied by the Academy’s string quintet and orchestra of accordionists under the direction of artistic director and conductor Joseph Franz.

Maestro Pietrodarki captivated the audience with his virtuoso playing and unsurpassed style of performance, performing works by the legendary Argentine musician and composer Astor Piazzolla, as well as by no less legendary Italian composers Ennio Morricone, Nino Rota, and Niccolo Piovani.

Argentina recognized Ukraine on December 5, 1991. On January 6, 1992, Ukraine and Argentina established diplomatic relations. The Argentine Embassy in Ukraine was opened in May 1993.

Italy recognized Ukraine’s independence on December 28, 1991. Diplomatic relations with the Italian Republic were established on January 29, 1992.

Source : https://www.facebook.com/UkrDiplomatic

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Italian Embassy hosted eremony of handing over three ambulances for Kharkiv and Kyiv by association “La Memoria Viva”

The Italian embassy in Ukraine has held a ceremony of handing over three ambulances with humanitarian aid, which was the result of the mission of the La Memoria Viva association.

According to the embassy’s press service, employees of the diplomatic institution met Italian volunteers who brought three cars for their symbolic handover to Ukrainians.

The ceremony was attended by people’s deputy Oleksiy Krasov, deputy chairman of Kharkiv region Eugene Ivanov and two representatives of local authorities from the same region – chairman of Bogodukhov district Anatoliy Rystsov and mayor of Krasnokutsk Irina Karabut.

“‘La Memoria Viva’ has launched its 45th humanitarian mission in Ukraine, which continues unabated after more than two years of invasion, and which makes us proud,” said Ambassador Pier Francesco Zazzo.

This aid, made possible thanks to the community of Osegna (Turin) and the Lions Club Turati del Canavese, dedicated to the memory of Senator Eugenio Bozzello. Two medical ambulances will be donated to Kharkiv region and a veterinary ambulance will be donated to the animal shelter “Italia KJ2”, which is run by Italian Andrea Cisternino.