Business news from Ukraine

Ukraine increased pig iron exports in first half of year, main importer – Poland

Ukraine in January-June this year increased exports of pig iron in physical terms by 26.1% compared to the same period last year – up to 799.692 thousand tons. According to statistics released by the State Customs Service (SCS) on Monday, during the period, pig iron exports in monetary terms amounted to $309.146 million (down 7.9%).
At the same time, exports were mainly to Poland (66.02% of shipments in monetary terms), Spain (15.82%) and the Czech Republic (8.13%).
For six months of 2023 Ukraine imported 37 tons of pig iron for $52 thousand from Germany (61.54%) and Brazil (38.46%), with no imports of pig iron in June.
As reported, Ukraine in 2022 reduced exports of pig iron in physical terms by 59% year-on-year to 1 million 325.275 thousand tons, in monetary terms by 61.1% to $638.774 million.
In 2022, Ukraine imported 40 tons of pig iron worth $23 thousand, while in 2021 – 185 tons of pig iron worth $226 thousand.
Exports were mainly to the USA (38.47% of shipments in monetary terms), Poland (32.91%) and Turkey (8.12%), imports – from Germany (100%).

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Online platform to protect rights of Ukrainian citizens has appeared in Poland

Poland has launched an online platform to protect the rights of Ukrainians, which will help them navigate the labor market or get legal advice, the Ministry of Reintegration of the Temporarily Occupied Territories of Ukraine has announced.
“This is one of the sections of the International Rescue Committee (IRC) website. It explains their rights to Ukrainian asylum seekers. In particular, to navigate the labor market and protect themselves from unscrupulous employers. You can also get additional information or legal support from partners here,” the Ministry of Reintegration said in a statement on its Telegram channel on Sunday.
Reportedly, you can also get advice at the Support and Integration Centers.
They are located in Poznan: 35/3A Tovarowa St., 61-896, Katowice: 6 Chorzowska St. (ground floor), 40-101.

President of Ukraine on NATO Summit: We agreed with President of Poland to act together

President of Ukraine Volodymyr Zelenskyy and President of Poland Andrzej Duda have agreed to coordinate their actions ahead of the upcoming NATO summit in Vilnius.
“At the events in Lutsk, Andrzej Duda and I had a brief but very substantive discussion about the upcoming NATO summit in Vilnius. We agreed to work together to get the best result for Ukraine,” Zelenskyy wrote on Twitter.
For his part, the Polish president also posted on Twitter: “Today in Lutsk, Ukraine, we met with Ukrainian President Volodymyr Zelenskyy to reaffirm friendship in the face of a difficult history and to hold final consultations before the NATO summit in Vilnius, which begins in two days.”
As Duda emphasized, “effective support for Ukraine in its aspirations for membership in the Alliance is very important for Poland.”

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Presidents of Ukraine and Poland meet in Lutsk

Ukrainian and Polish presidents Volodymyr Zelenskyy and Andrzej Duda have met in Lutsk (Volyn Region).
A photo of the presidents in the Church of Saints Peter and Paul in Lutsk was published by the “Suspicious” telegraph channel.
The website of the Polish presidential office also published a photo from the church with the presidents. “Together we pay tribute to all those innocently killed in Volyn! We are united by memory! Together we are stronger,” they wrote.
In the telegram channel of the president of Ukraine also published photos of the meeting of Zelensky and Duda with a similar inscription: “Together we honor all the innocent victims of Volyn! The memory unites us! Together we are stronger!”.
Earlier it was reported that in July Ukraine and Poland will hold a series of events on the 80th anniversary of the Volyn tragedy.

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In May Turkey was selling gold and was bought by Poland and China

The world’s central banks, according to preliminary data, sold 27.4 tons of gold from international reserves in May 2023, the World Gold Council (WGC) estimated.
By comparison, sales totaled 69.4 tons in April, according to revised figures.
The largest state seller of gold in May was Turkey (62.8 tons). There were also reduced reserves in Uzbekistan (10.9 tons), Kazakhstan (2.4 tons) and Germany (1.8 tons).
They bought gold in reserves in Poland (19.9 tons), China (15.9 tons), Singapore (3.9 tons), Russia (3.1 tons), Iraq (2.3 tons), India (1.9 tons), the Czech Republic (1.8 tons) and Kyrgyzstan (1.5 tons).

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Poland creates experimental checkpoint to speed up passage of trucks with Ukraine

Poland is studying the possibility of creating an experimental checkpoint that would speed up the passage of trucks by joint cargo control by Polish and Ukrainian border guards, said Grzegorz Ostasz, a board member of the Polish Investment and Trade Agency (PAIT), during a conference on the development of transport communication between Ukraine and Poland.
“Poland has become a hub for the supply of important goods for Ukraine. The authorities can increase the capacity of border crossings. We proposed such a solution – to make an experimental checkpoint at which Polish and Ukrainian border guards would jointly check trucks,” the PAIT press service quoted Ostash in a release to Interfax-Ukraine on Tuesday.
According to Ostash, 870 Polish companies now do business in Ukraine, and Poland is interested in developing cooperation with Ukrainian business. “We are collecting suggestions and comments from Polish business on how we could simplify doing business in Ukraine. All proposals will be transmitted to the Ukrainian authorities by the government commissioner for the development of Polish-Ukrainian cooperation Jadwiga Emilewicz,” said Ostash.
According to a press release PAIT, the agency created a register of Polish companies that plan to enter the Ukrainian market and participate in programs to restore the country – today more than 2500 companies and organizations have expressed interest in cooperation with Ukrainian business.

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