Business news from Ukraine

DEMAND FOR POULTRY IN UKRAINE 20% UP SINCE QUARANTINE

The demand for poultry since the introduction of quarantine measures in Ukraine in connection with the COVID-19 pandemic has grown by an average of 20% in the country, the press service of Myronivsky Hliboproduct agricultural holding has said.
“Since the introduction of quarantine in Ukraine, the demand for products has grown by an average of 20% in the domestic market. This mainly concerns packaged products,” the company said.
MHP said it had not raised prices for their products.
“MHP will continue to provide Ukrainians with the necessary volumes of chicken to avoid panic and shortages in the domestic market,” the company said.
The agricultural holding said the capacities of MHP enterprises operate at 100%. MHP also exports products to more than 80 countries.
MHP is the largest producer of poultry in Ukraine. It is also engaged in production of cereals, sunflower oil, meat. MHP supplies chilled chicken half-carcasses to the European market, which are also processed at its enterprises in the Netherlands and Slovakia.

, ,

FUIB SUPPORTING BUSINESS CLIENTS DURING QUARANTINE

First Ukrainian International Bank (FUIB) abolished fees for external and internal payments in national currency for all FUIB business clients.
Starting from March 30, 2020 and for the entire period of quarantine, the Bank’s business clients, regardless of the business segment, will be able to make all types of payments during the operational time without additional costs.
“Today, Ukrainian business faces a strategically important task to set up its operations in new circumstances, to find other channels of purchases and sales, controlling and optimizing its costs at the same time. However, without mutual understanding, support and synergy, including such from the banks, it will be difficult to achieve. We are aware of this, which is why we have decided to support all of our business clients by canceling the fee for making external and internal payments in national currency. The bank will continue to develop measures that will help entrepreneurs to go through the quarantine period with minimum losses,” says FUIB’s Deputy Chairman of the Board of corporate business Serhiy Mahdych.

,

SOWING CAMPAIGN AMID QUARANTINE STARTS QUITE WELL IN ALL UKRAINIAN REGIONS

The sowing campaign amid quarantine started quite well in all regions of Ukraine, the pace is approximately the same as in 2019, with a slight advance due to early spring, Director General of UkrAgroConsult consulting agency Serhiy Feofilov has said.
“The import component in sowing resource is still very high. Nevertheless, the main material and technical resources were imported into Ukraine and purchased by farms before the quarantine and the devaluation. The negative impact on cost of production is still minimal,” the agency said on UkrAgroConsult’s website, citing Feofilov.
Feofilov said that it is a positive point in the fact that corn seeds are mainly produced at Ukrainian seed plants, only parental forms are imported. The expansion of spring grain will be precisely due to corn. The situation with plant protection is almost the same, namely all needed is imported, except that the line of products will decrease against expectations, the top manager said.
“The situation is contradictory in terms of fuel. Fuel supply is sufficient and the main intrigue is the price level. On the one hand, we can expect it to decline after the oil falls. On the other hand, fuel sellers tend to price stabilization, given hryvnia devaluation and a possible reduction in supplies,” the director general of UkrAgroConsult said.

, ,

WATSONS CLAIMS ILLEGAL CLOSURE OF STORES OVER QUARANTINE BY DECISION OF LOCAL AUTHORITIES

DC Ukraine LLC, which manages a drogerie store chain in Ukraine, has said that their stores were illegally closed over quarantine under a decision of local authorities.
According to the press service, in some regions local authorities are trying to close the network stores during quarantine. At the same time, the main range of goods at Watsons stores consists of essential goods, disinfectants, hygiene products and household goods.
“Guided by the appeal of the President of Ukraine to the ministries, heads of regional administrations, local self-government, heads of enterprises on ensuring the smooth operation of grocery stores, household goods stores, gas stations, pharmacies, banking institutions, insurance companies, a resolution of the Cabinet of Ministers of Ukraine, and also taking into account WHO recommendations and the practice of others countries, Watsons continues to work, adhering to the requirements of hygiene standards,” the company said in the press release.
According to the company, the closure of stores selling essential goods is a violation of the rights of people in need of hygiene and disinfection during a pandemic.
“Given all of the above arguments, we emphasize once again the need to continue the work of the drogerie segment. The goal of the Watsons network is to ensure uninterrupted and safe access of the population to the products necessary for maintaining the vital activity,” the company said.
Watsons is the largest chain of beauty and health products stores in Ukraine.

, , ,

UKRAINIAN RDS WILL CONTINUE ALL ROAD CONSTRUCTION PROJECTS AMID QUARANTINE – CO-OWNER

The RDS group of road construction companies will continue road work during the quarantine established due to the spread of coronavirus, and plans to continue to fully fulfill its obligations, RDS co-owner Yuriy Shumakher has told Interfax-Ukraine.
“We express support for the decision of the Ukravtodor management not to curtail the planned projects. The development of infrastructure in the country is the key to Ukraine’s competitiveness and success,” he said.
“The group of RDS road construction companies minimized attendance at work for the staff, but we continue to fully implement all of our road construction projects,” Shumakher added.
According to him, contractors and suppliers in all regions of the presence of RDS Group are working smoothly, there are no problems with the provision of construction materials.
Ukravtodor on March 17 announced its support for the government’s initiatives to prevent the spread of the coronavirus COVID-19 in Ukraine and continuation of all roadwork as usual.
“Ukravtodor supports the government’s initiatives to prevent the spread of the coronavirus COVID-19 in Ukraine. Therefore, we strongly recommend that everyone who can work remotely take this opportunity. At the same time, we want to emphasize that the deceleration of the season of road works is not yet expected. All construction and repair work continues as normal,” the state agency said.
The Ukrainian group of companies RDS includes Kyivshliakhbud and Rostdorstroy. Its core business is construction, modernization and maintenance of roads and bridges, construction of airfield complexes.
The company is building concrete road H-14 Kropyvnytsky-Mykolaiv. As part of the reconstruction of the H-31 Dnipro-Reshetylivka highway in Poltava region, RDS is building an overpass over the railway and the section of the first concrete road in Ukraine. In 2019, the company won a World Bank tender for work on the first category highway M-03 Kyiv-Kharkiv-Dovzhansky.
As of January 2020, the company operates in seven regions of Ukraine and has ten production facilities.
The ultimate beneficial owners of RDS are Ukrainian citizens Yuriy Shumakher and Yevhen Konovalov. The charter capital of the company is UAH 5.13 million.

, , , , ,

UKRAVTODOR HAS NO PLANS TO STOP ROAD WORKS DURING QUARANTINE

The State Agency of Automobile Roads of Ukraine (Ukravtodor) does not intend to stop road works during the quarantine due to the coronavirus disease (COVID-19) spread.
“Ukravtodor supports government initiatives to prevent COVID-19 spread in Ukraine. Therefore, we strongly recommend that everyone who can work remotely take this opportunity. At the same time, we would like to say that the deceleration of road works season is not yet expected. All construction and repair work continues as usual,” the agency said in a statement posted on its website.
Ukravtodor said that the agency insists that contractors put into place the necessary arrangements for the safe work of employees, in particular, conduct an information campaign on virus diseases prevention, regularly monitor the employees’ state of health, and also make disinfectants available.

, ,