Business news from Ukraine

Business news from Ukraine

Kyiv-based Myasnyi Rai chain of stores is up for sale

The Myasniy Rai chain of stores, known for its high-quality meat products, announces the sale of its assets and trademark. The offer opens up new opportunities for investors and entrepreneurs seeking to develop their business in the retail sector.

The Myasniy Rai chain was founded in 2017 and quickly gained the trust of customers due to its high quality products and focus on local suppliers. The first store was opened on Shevchenko Boulevard, after which the chain was constantly expanding, opening new outlets. During 2018-2022, 8 stores were opened. The total investment in business development and support amounted to more than $700,000. Now Myasnyi Rai includes three stores, a production shop, a coffee shop and an online store providing a wide range of products for customers.

Key assets:

  1. A store at 32a Olesya Honchara Street, opened in 2018. Area: 130 m²; Assortment: fresh meat, sausages, frozen food, spices, sauces; Special features: focus on quality products and local suppliers;
  2. Store at 2 Generala Almazova Street, opened in 2022. Area: 109 m² Assortment: similar to the store on Gonchar Street
  3. The store at 24 Serhiy Danchenko Street, opened in 2022. Area: 95 м². Assortment: similar to the previous stores
  4. The production shop opened in March 2020. Area: 211 м². Capacity: up to 12,000 kg of frozen products per month. Products: sausages, smoked meats, salads (sold in the retail chain).
  5. A coffee shop on Honchar Street, opened in July 2020. Area: 70 м². Assortment: hot drinks, pastries, desserts, snacks. Special features: a cozy place for meetings and relaxation, located in the business center of Kyiv.
  6. The online store has been open since 2018. Assortment: fresh meat, sausages, frozen food, spices Services: delivery in Kyiv, convenient online ordering system.

Advantages and prospects

The Myasnyi Rai chain offers a unique opportunity for investors to enter the food market with a ready-made, well-established business.

Main advantages:

  • Registered trademark “Meat Paradise”, which ensures brand recognition.
  • High quality products and a positive reputation among local residents and restaurants.
  • Developed marketing strategy with an active social media presence and loyalty programs.
  • Potential for further expansion in both retail and manufacturing.

This offer for sale is an ideal option for entrepreneurs who want to invest in a stable and profitable business with broad development prospects. For more information, please call +380 67 230 00 17.

, , , , ,

China’s Xi arrives in Paris with trade and Ukraine on agenda

Raphaël Glucksmann, a member of the European parliament and the lead socialist candidate in France in the upcoming EU elections, has urged Emmanuel Macron to be “firm” against China and “not to remain silent in the face of the crimes” against the Uyghurs.

In an interview with France Inter radio on Monday morning he said it was wrong to roll out the red carpet in the way Macron has for the Chinese president.

“You can receive him, you can talk to anyone, but not like this. Not by taking him to the vacation village of his childhood, to his grandfather’s house, not, as the Élysée puts it, by giving this visit a friendly setting because Xi Jinping is not our friend. In addition to deporting the Uyghur people, repressing the Tibetans and Hong Kongers, suppressing opponents and threatening the Taiwanese.”

Glucksmann also claimed that China is killing French green tech putting solar panel companies out of business with its cut-price alternatives.

“We used to have solar panel champions in France and Europe. Today, how many companies produce solar panels in France? There’s only one left.

He added: “What I want for us is to no longer be the gall guys,” he said noting that when Canada sees distortions in trade with the Chinese it imposed tariffs of over 200%. “In Europe they charge 15%. That’s not a deterrent.”

, ,

Ukrainian Port of Reni for the first time received a ship with citrus fruits from Egypt

Port of Reni for the first time since the independence of Ukraine has attracted a new cargo flow – citrus fruits from Egypt, which in peacetime went through the larger ports of “Big Odessa”, the Administration of Sea Ports of Ukraine (AMPU) reported on Facebook.

“Last week a refrigerated vessel “ZEINAB”, equipped with enhanced ventilation and refrigeration units for the transportation of perishable goods, arrived at the port of Reni,” AMPU said in a statement.

In particular, 519.9 tons of fruit were delivered from Egypt: 150.3 tons of oranges, 169.4 tons of pomegranates, 31.05 tons of lemons and 169 tons of tangerines.

AMPU specified that citrus fruits were traditionally transshipped by Chornomorsk and Odessa ports.

The leader among them was the port “Chernomorsk”, which transshipped 253 thousand tons of citrus in the last five years: in 2018 – 83.6 thousand tons, in 2019 – 74.1 thousand tons, in 2020 – 43 thousand tons, in 2021 – 35.5 thousand tons and in 2022 – 16.8 thousand tons.

Port “Odessa” during the same period transshipped 134.2 thousand tons of citrus: in 2018 – 45.4 thousand tons, in 2019 – 40.4 thousand tons, in 2020 – 26.5 thousand tons, in 2021 – 14.3 thousand tons and in 2022 – 7.6 thousand tons.

AMPU reminded that now the ports of Greater Odessa work only within the framework of the “grain initiative”, so the cargo owners are forced to seek other ways to deliver citrus to consumers.
Earlier analytical project “Club of Experts” analyzed in detail the trade and economic cooperation between Ukraine and Egypt, see in detail in the video:

, , , , , , , , , , ,

Egypt remains one of most favorable trade partners of Ukraine – experts

In the next video YouTube-channel of the analytical center “Club of experts” the prospects of trade and economic relations between Ukraine and Egypt were considered.

As the founder of the Club of Experts Maxim Urakin emphasized, before the war Egypt was the most favorable trade partner for Ukraine, the trade surplus with which amounted to almost 2 billion U.S. dollars. Grain and metallurgical products were the main Ukrainian goods at the Egyptian market.

At the same time, in the first months of the war, the Russian blockade of maritime communications in the Black Sea limited Ukrainian exports to Africa and, above all, to Egypt. The grain agreement improved the situation, but only with regard to agricultural exports. In order not to lose the Egyptian market, the Ukrainian companies have to adapt to the current situation now in order not to make additional efforts after the war.

According to the President of the Ukrainian Exporters Club Eugenia Litvinova, the Ukrainian producers should pay attention to the Egyptian market of dairy products in the first place. In this case, it is necessary to take into account the separation of Egyptian groups of goods for wholesale and retail trade while creating favorable conditions for imports. Also, according to her, the demand in Egypt is for canned and dried fruits, confectionery, chocolate, oils, fats, mineral water, as well as crockery, various cutlery, baths, showers, sinks, building materials and other goods for the retail trade.

“I want to draw attention to the fact that all Ukrainian exporters who want to trade with Egypt, must be registered in the general administration to control exports and imports. After that it is possible to establish logistics through rail and road ways, taking into account the temporary inaccessibility of the port of Odessa”, – she explained.

Besides, Yevgeniya Litvinova noticed that since March of the last year, Egypt obliged Ukraine to use the letter of credit for many groups of goods that leads to rise in price of transactions from 0,2 to 0,5%. This factor, according to the expert, will also directly affect trade and its final results.

“If we talk about advice to our small and medium-sized businesses when entering the Egyptian market, first you need to understand what exports are, if you have not previously been involved in this process. Then you should analyze in which cases it is profitable to open a Ukrainian enterprise in Egypt to work, and in which cases you do not always need to do it and not always profitable. Finally, the third tip – go through the registration. At least look at how to pass authorization, registration through a single window in Egypt. I draw your attention to the fact that your brand should be registered at least in Ukraine before you start to pass this registration in Egypt, “- summed up Eugenia.

In turn, the head of the Egyptian diaspora in Ukraine, Dr. Atia Walid noticed that in recent years Egyptian-Ukrainian trade relations have been intensively developed and our country has been invited to participate in major infrastructure projects, which are now being implemented by the Egyptian authorities.

“Back in 2021 Egypt discussed with the Ukrainian government investment in the special economic zone of the Suez Canal. That is, the Egyptian economic policy is primarily aimed at encouraging investment in the country’s economy. Egypt, of course, is interested in cooperation with Ukrainian companies from the point of view of opening joint ventures on its territory, which can well be realized today, despite the war. I think it is quite realistic for Ukrainian companies to open branches there, if they are interested in the sales market. Egypt is ready to facilitate this,” stressed the representative of Egypt.

In his opinion, our suppliers should work more actively both with the Egyptian embassy in Kiev and the Ukrainian embassy in Cairo. This will facilitate the passage of bureaucratic procedures and reduce the likelihood of becoming victims of fraud.

“Ukrainian businessmen should check with the Egyptian embassy or the Chamber of Commerce the authenticity of the documents of those organizations with which they cooperate. And only after that, conclude a contract according to all international rules. You should not believe the promises and pretty eyes, and do not forget the basics of doing business in the field of export-import. I wish all businessmen in Egypt and in Ukraine only success,” said Dr. Atia Walid.

See more details in the video:

You can subscribe to the Club of Experts channel by following the link:

https://www.youtube.com/@user-nz9lh8yg9g

, , , , , , , , , , ,

2022-2024 goods trade balance forecast (USD billion)

2022-2024 goods trade balance forecast (USD billion)

NBU

, , ,

TOP 20 COUNTRIES UKRAINE HAS POSTED THE HIGHEST SURPLUS OF TRADE IN 2021 (THSD USD)

Top 20 countries Ukraine has posted the highest surplus of trade in 2021 (thsd USD)

Calculated by Open4Business