Business news from Ukraine

Business news from Ukraine

Ukraine wins 12 medals at 2024 Olympics

Ukraine has won 12 medals at the 2024 Olympic Games.

“Ukraine won gold: Oleksandr Khyzhnyak (boxing up to 80 kg); Yaroslava Maguchikh (high jump); Olga Harlan, Alina Komashchuk, Olena Kravatska and Yulia Bakastova (team sabre).

The following won silver medals: Parviz Nasibov (Greco-Roman wrestling up to 67 kg); Iryna Kolyadenko (freestyle wrestling up to 62 kg); Lyudmyla Luzan and Anastasiia Rybachok (canoe double sprint, 500 m); Ilya Kovtun (parallel bars); Serhii Kulish (rifle shooting from 50 m from three positions).

The bronze medalists were: Zhan Beleniuk (Greco-Roman wrestling up to 87 kg); Mykhailo Kokhan (hammer throw); Iryna Gerashchenko (high jump); Olga Harlan (sabre).

As of 15:00, Ukraine ranks 22nd in the medal standings.

The 2024 Olympic Games were held in Paris from July 26 to August 11.

, , ,

In Ukraine in July, sales of electric cars increased

Registrations in Ukraine of electric cars (new and used) in July 2024 amounted to 4.787 thousand, which is 14% more than in June this year and 38% more than last July, Ukravtoprom reported in the Telegram channel.

As reported, in June-2024 demand for electric cars slightly exceeded the figure of May of this year, and by June 2023 increased by 35%.

Market experts attribute a certain revival of demand last month for electric cars to the government’s initiative to introduce a military levy on buyers at the first registration of cars, including electric cars, for which there is no taxation in Ukraine (except for a small excise duty).

According to “Ukravtoprom”, the share of new cars in the registration of electric cars amounted to 21% against 17% in June-2023 and 19% in June this year.

The bulk of electric cars registered during the month were passenger cars – 4.684 thousand units (new – 980 units, used – 3.704 units), and only six out of 103 commercial electric cars were new.

The leading five new electric cars in July were Honda M-NV – 239 units (140 units in June), BYD Song Plus – 127 units (62 units), Nissan Ariya – 118 units (91 units), Volkswagen iD.4 – 88 units (71 units) and Zeekr 001 – 69 units.

The most popular five used vehicles were the Nissan Leaf, 529 units (June-2024, 410 units); Tesla Model 3, 433 units (419 units); Tesla Model Y, 419 units (367 units); Tesla Model S, 217 units (196 units) and Volkswagen e-Golf, 209 units (208 units).

In total, in January-July, more than 29.2 thousand units of battery-powered vehicles passed the first registration in Ukraine (82.5% more than a year earlier), the share of new ones accounted for 20%.

As reported, for 2023, according to “Ukravtoprom”, registrations of electric cars in Ukraine increased 2.8 times – up to 37.6 thousand, the share of new ones accounted for 20% against 17% a year earlier.

 

,

leaders of insurance market of Ukraine in terms of premiums collected are SG “TAS”, “Unica”, “ARKS”, “INGO” and “Ukrainian Insurance Group”

Leaders of the insurance market of Ukraine in terms of premiums collected in January-June 2024 were insurance companies SG “TAS” (UAH 2.057bn), “Unica” (UAH 2.033bn), “ARKS” (UAH 1.955bn), “INGO” (UAH 1.527bn) and “Ukrainian Insurance Group” (UAH 1.409bn), according to the website of NASU.

It is noted that compared to 5M. 2024, IC “Unica” rose from the third position to the second, and IC “ARKS” took its place.

In the top-5 in the market of compulsory insurance of civil liability by collected premiums there have been no changes and following the results of six months of this year the leaders are SG “TAS” (UAH 642,3 mln), “Oranta” (UAH 605,1 mln), “Knyazha VIG” (UAH 473 mln), “ROM” (UAH 304,1 mln) and “VUSO” (UAH 201,6 mln).

The leaders in the market of “Green Card” on collected premiums for the reporting period are “TAS” (UAH 628,3 mln), “USG” (UAH 303,1 mln), “Knyazha VIG” (UAH 317,6 mln), “ROM” (UAH 258,6 mln) and “Oranta” (UAH 173,2 mln) (earlier the fifth position was occupied by IC “INGO”).

There have been no changes in the CASCO market, it is headed, as before, by IC “ARKS” (UAH 1,040 billion), “Arsenal Insurance” (UAH 865 million), “Unica” (UAH 533,7 million), “VUSO” (UAH 448,6 million) and “USG” (UAH 417,6 million).

At the same time among the leaders in voluntary health insurance there have been slight changes in the leadership, as before the top 5 in this segment is headed by IC “Unica” (UAH 907,8 mln), IC “Universalna” has risen from the fourth position to the second (UAH 386 mln), followed by IC “INGO” (UAH 342,5 mln), “ARKS” (UAH 277,7 mln), “VUSO” (UAH 270,3 mln).

According to PRIMA data, there were no changes in the leaders of the life insurance market in the first half of 2024. As before, the first position is occupied by IC “MetLife” (UAH 1,275 bln), IC “TAS” (UAH 330 mln), “Grave Life” (UAH 257,7 mln), “Unica Life” (UAH 203,5 mln) and “ROM Life” (UAH 186,7 mln).

As reported, as of the end of June 2024, 78 risk insurers operate in the insurance market of Ukraine, 12 specialize in life insurance, one – with a special status (“Export Credit Agency”, ECA).

 

,

Gas production in Ukraine may double this year – expert

Gross gas production in Ukraine in January-June 2024 amounted to 9.4 billion cubic meters and by the end of the year can grow twice – by 100-200 million cubic meters more than last year’s figure (18.7 billion cubic meters), said Artem Petrenko, executive director of the Association of Gas Producers.

“According to our conservative forecasts for today, Ukraine in 2024 will be able to increase its own production by 100-200 million cubic meters compared to last year’s figure. We are oriented at 18.8 billion cubic meters per year. But this is such a conservative base scenario, which takes into account neither possible positive nor negative aspects,” he said in comments to Energoreforma on the sidelines of the Ukrainian Gas Open 2024 Energy Club, held on Thursday in Kiev.

According to Petrenko’s presentation at the forum, drilling of about 70 wells (150 wells for the whole of 2023) has been started in half a year.

He named the state-owned Ukrgasvydobuvannya as the flagship in this process, noting that private companies are also actively involved in drilling and working to increase production.

“In particular, Smart Energy is now resuming hydrocarbon production at three sites in Kharkiv and Poltava regions. Therefore, I hope that by the end of the year they will add to the total gas production,” said the executive director of the association.

At the same time, he noted that the daily production of private companies fell by 18% compared to last year.

 

 

,

In first half of 2024, mortality in Ukraine is three times higher than birth rate

In the first half of 2024, 87,655 children were born in Ukraine, which is 9% less than in the same period last year, according to the Ministry of Justice. At the same time, 250,972 deaths were recorded. The largest number of babies and deaths in Ukraine were in Dnipropetrovs’k and Kyiv regions.
The birth rate decreased by 1.5 times this year compared to the period before the full-scale invasion: 87,655 children compared to 132,595 in 2021.
The highest number of newborns was registered in Kyiv – 9,695 children, 7,923 in Lviv region, and 6,962 in Dnipro region. The number of babies born in the frontline regions is consistently low: in Kherson (221) and Donetsk (702). In the Luhansk region, no babies were registered in the last six months.

Currently, there are three deaths for every newborn citizen. This ratio is one of the key indicators of the demographic crisis. For comparison, in the pre-civil war period, there were two deaths per child in 2018-2020.
250,972 people died in Ukraine in the first six months of 2024. This is 1.4 times less than in the same period in 2021, when 349,041 deaths were recorded. However, it is worth noting that 2021 was the peak year for deaths due to the COVID-19 pandemic.
The lowest number of deaths occurred in the frontline Kherson (2334) and Donetsk (5753) regions and in Chernivtsi (5422). Anti-record numbers were set in Dnipropetrovs’k region (26,374), Kharkiv region (17,999), and Kyiv (17,449).

https://opendatabot.ua/analytics/birth-death-2024-6

 

 

, ,

Turkey ratifies free trade agreement with Ukraine

Turkey has ratified a free trade agreement with Ukraine, Anadolu quoted the country’s official newspaper as saying on Friday.

The agreement was signed on Feb. 3, 2022, and President Recep Tayyip Erdogan approved the deal and its annexes on Thursday.

Turkey-Ukraine bilateral trade volume in 2023 totaled $7.3 billion, Turkish Trade Minister Omer Bolat said Thursday after meeting with Ukraine’s First Deputy Prime Minister Yulia Sviridenko.

According to him, the trade volume is expected to increase to $10 billion within a short period of time under the said agreement.

The main areas of trade between the two countries are ferrous metallurgy, machine building, energy, automobile and grain.

 

, , ,