The Fora supermarket chain expects that in 2021 the number of orders from the chain’s retail outlets through delivery services will double in comparison with the results of 2020.
“We believe that delivery and express delivery from retail next year will double compared to this year. According to our vision of the market, the number of purchases with small and medium check will grow especially rapidly,” Director for Digital Technologies at Fora Yevhen Trishyn said at a briefing last week.
He also said that Fora has stores in Kyiv, which provides almost full coverage.
“We have several bricks-and-mortar stores in the center of Kyiv, where the turnover through Glovo reaches 10%. This is a very good, serious indicator after six months of working through one digital service. And we expect that the number of such stores will only grow,” Trishyn said.
According to General Manager of Glovo in Ukraine Dmytro Raskovsky, the service has already outstripped other delivery services from supermarkets in terms of the number of deliveries.
“According to our estimates, if we compare the number of deliveries from supermarkets in our country and that of any other player on the market, we are now number one. Most of the large retail chains are already working with us. Of the large chains, we now only lack ATB… We have also more coverage and more partners than any other delivery service,” Raskovsky said.
National bank of Ukraine’s official rates as of 27/10/20
Source: National Bank of Ukraine
Ukraine’s metallurgical enterprises in September 2020 reduced steel production by 5.4% compared to the same period in 2019, to 1.651 million tonnes, ranking 13th among 64 countries, the world’s main producers of these products compiled by the World Steel Association (Worldsteel).
In September, a drop in steel production from September 2019 was recorded in most of the top ten countries, except for India, Japan, the United States and Germany.
The top ten steel producing countries in September are as follows: China (92.555 million tonnes, an increase of 10.9%), India (8.52 million tonnes, a drop of 2.9%), Japan (6.486 million tonnes, a drop of 19.3%), Russia (5.86 million tonnes, 0.8% up), South Korea (5.831 million tonnes, 2.1% up), the United States (5.709 million tonnes, a drop of 18.5%), Turkey (3.225 million tonnes, an increase of 18%), Germany (3.018 million tonnes, 9.7% down), Brazil (2.574 million tonnes, an increase of 7.5%), and Vietnam (2.321 million tonnes, an increase of 45.3%).
They are followed by Iran (2.26 million tonnes, an increase of 2.2%), Italy (1.894 million tonnes, a drop of 18.7%), Ukraine (1.651 million tonnes, a decrease of 5.4%), Taiwan (1.605 million tonnes, a decrease of 8.1%), and Mexico (1.4 million tonnes, minus 3.9%).
In September, 64 countries produced 156.359 million tonnes of steel, which is 2.9% more than in September 2019.
In January-September 2020, 64 countries produced 1.347 billion tonnes of steel, which is 3.2% less than a year ago.
The Glovo delivery service in Ukraine has reached breakeven considering the large investments in the growth and development of the company, General Manager of the company Dmytro Rasnovsky has said.
“Now our income minus all costs is a little more than zero, because we are intentionally reinvesting in growth. On the one hand, our unit economy is healthy, and we could, in theory, earn more if we wanted to. But on the other hand, we actively invest in our partners and we reinvest everything that we have. Therefore, we have negative EBITDA,” he said at a briefing in Kyiv last week.
Rasnovsky also said that the global company is investing “millions of euros” in Ukraine, including through profitable European markets and attracting global investments.
According to him, due to the coronavirus crisis, the company grew in Ukraine faster than the plan by 40-50%, while in terms of operating profit per order, it underperformed its financial indicators by about 20%.
“From the point of view of profitability, it would be worth waiting for an increase in prices. But from the point of view of the current economic situation, I do not see the possibility and reason to increase the cost of Glovo delivery services. We came to Ukraine for a long time. For us this is a marathon, not a sprint. Therefore, we will invest to create a market, and now is not the time to raise the tariffs,” Rasnovsky said.
Glovo is an international fast courier delivery service that allows purchasing any item or product within the city and has it delivered. In this case, the object should not exceed the parameters 40x40x30 cm and weigh no more than 9 kg.
Glovo is already represented in 298 cities in 22 countries on three continents: Europe, Africa, Central and South America. Glovo started operating in Ukraine in October 2018.
As of October 1, 2020, some 27,623 Ukrainian households have installed photovoltaic (PV) panels and are consuming “clean” electricity in Ukraine.
The press service of the State Agency on Energy Efficiency and Energy Saving reported that in the third quarter of 2020, almost 2,000 more households switched to PV panels. The total capacity of all PV panels is 712 MW, of which 53 MW (8% up) were launched in the third quarter of 2020.
“Since 2015, households have invested about EUR 560 million in PV panels. This is a contribution to their own energy independence and autonomy, as well as to the development of a large-scale Ukrainian market for services and equipment in green energy,” the press service said, citing acting Chairman of the agency Kostiantyn Hura.