Business news from Ukraine

UKRAINE KEEPS UNCHANGED EXPORTS OF SEMIFINISHED CARBON STEEL PRODUCTS IN 2018

Ukraine in 2018 retained exports of semifinished carbon steel products in kind at the level of 2017, totaling 6.291 million tonnes.
Ukraine’s State Fiscal Service said in a customs statistics report that exports of semifinished carbon steel products in monetary terms grew by 18.2%, to $3.003 billion.
The bulk of semifinished carbon steel products was exported to Italy (34.24% of total exports in monetary terms), Egypt (15.53%), and Turkey (14.78%).
Last year Ukraine imported 43,880 tonnes of semifinished carbon steel products, which is twice up year-on-year. Imports in monetary terms grew by 2.2-fold, to $26.412 million.
Imports of semifinished carbon steel products originated from Russia (97.9%), Kazakhstan (1.44%) and the United States (0.5%).
In 2017 Ukraine cut exports of imports in kind by 18.8% from 2016, to 6.292 million tonnes, while exports in monetary terms increased by 14.9%, to $2.542 billion.
Italy accounted for 30.61% of exports in monetary terms, while the share of Turkey was 17.02% and that of Egypt – 16.28%.
Imports of semifinished carbon steel products in 2017 totaled 22,038 tonnes, which was 20.1% up from 2016. Imports in monetary terms grew by 85.4%, to $12.091 million.
Most of semifinished carbon steel products were imported from Russia (95.48% of total imports), Kazakhstan (4.03%), and Bulgaria (0.25%).

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ZHYDACHIV PAPER MILL MAKES PRODUCTS FOR UAH 412 MLN IN 2018

Zhydachiv Pulp and Paper Mill (Lviv region), which resumed operations in May 2017, made products for UAH 411.86 million in January-November 2018.
According to the UkrPapir association, this month the plant produced 4,280 tonnes of paper and 27,180 tonnes of cardboard (including corrugated paper), as well as 15.85 million square meters of corrugated boxes.
Another enterprise of the holding, Izmail Pulp and Paper Mill (Odesa region), produced goods for UAH 177.88 million in January-November 2018, which was 49% more than a year ago. The mill increased package cardboard output by 31.5%, to 13,370 tonnes and corrugated box output by 25.7%, to 16.59 square meters.
Zhydachiv Pulp and Paper Mill, once one of the top three enterprises in the industry and the only manufacturer of newsprint in Ukraine at that time, was put into operation in 1951, in the best 2000s its output reached UAH 500 million. It had been standing idle since September 2014 till May 2017.

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NEW MARKETS OF 24 STATES COULD OPEN FOR POULTRY PRODUCTS FROM UKRAINE

Now new markets for Ukrainian products are opening today, and the compatibility of the poultry exports public supervision system is being assessed, and in 2019-2020 it is expected that markets of 24 states will open, the State Service of Ukraine for Food Safety and Consumers’ Rights Protection has said. According to a report on the website of the authority, over the past two years, 21 countries have opened new markets for Ukrainian poultry products. In particular, the markets of 14 countries were opened for the export of poultry meat and products and the markets of seven countries for the export of eggs and egg products. As reported, in the middle of December 2018, Ukraine and Morocco agreed on a veterinary certificate for the export of Ukrainian egg products, and in November, Ukraine and Tunisia – for the export of Ukrainian poultry meat.

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LARGE PRODUCER OF HOME AND PERSONAL CARE PRODUCTS FROM UKRAINE STARTS SUPPLIES TO POLAND RETAIL CHAIN

The Biosphere Corporation (Dnipro), a large producer of home and personal care products, has entered the Polish market, signing an agreement on supplies of moist wipes Smile under the license of The Walt Disney Company and Universal with the Biedronka retail chain. “Biosphere Corporation entered the Polish market with a contract with the Biedronka chain. In one of the largest Polish networks, which includes more than 2,800 stores across the country, 15 names of the Smile brand will be presented under the license of The Walt Disney Company and Universal. Thus, the Smile brand was the first in Poland with an official license from the two largest Western studios. In the nearest future the corporation plans to enter other chains of this country,” the press service of the Biosphere Corporation said.
The corporation was also informed about the exclusive license from The Walt Disney Company and Universal, with which it has been cooperating since 2012, for using cartoon characters on the moist wipes Smile on the Polish market.
Biosphere Corporation, which has been operating in Ukraine for over 20 years, is the leader in the production and distribution of home and personal care products in Ukraine and the CIS. Its products are represented on some 20 markets in Europe and Asia. In the product portfolio the company has more than 2,000 items.

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UKRAINE BOOSTS OUTPUT OF ROLLED STEEL PRODUCTS BY 4%

Ukrainian metallurgical enterprises boosted total rolled steel production by 4% in January-August 2018 year-over-year, to 12.265 million tonnes.
Steel output increased by 2%, to 14 million tonnes, that of pig iron by 7%, to 13.645 million tonnes, the Ukrmetprom Association said on Tuesday.
At the same time, relative indicators of output in January-August 2018 compared to January-August 2017 excluding two months’ work of enterprises in uncontrolled territories in eastern Ukraine were higher: the output of rolled steel increased by 8%, that of steel by 5%, and pig iron by 11%.
In August 2018, Ukraine’s metallurgy produced 1.733 million tonnes of pig iron (98% as compared to July 2018), 1.806 million tonnes of steel (99.5%), 1.515 million tonnes of rolled steel (101%).
In 2017, Ukraine reduced steel production by 12% from 2016, to 21.284 million tonnes, while production of rolled steel was 18.439 million tonnes (a 14% decline) and that of pig iron was 20.035 million tonnes (a 15% decline).

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ENERGOMASHSPETSSTAL TO FINISH PROJECT TO MAKE SEMI-FINISHED PRODUCTS FOR TURKEY’S NPP BY JUNE

Public joint-stock company Energomashspetsstal (EMSS, Kramatorsk, Donetsk region), the owner of which is Russia’s Atomenergomash of Rosatom Corporation, plans to supply the last semi-finished products under a project on production of semi-finished products for equipment of reactor one of Turkey’s Akkuyu nuclear power plant (NPP). According to a posting on the website of EMSS, under the contract, which cost is not disclosed, hundreds of semi-finished products for the reactor’s case, steam generator, pressurizer and the upper unit were made and inspected with participation of specialists from the NBPP and Turkish Atomic Energy Authority (TAEK). The company said that in 2015, EMSS successfully passed the TAEK inspection and in January 2016 it was the first company which received the certificate for making semi-finished products for the Akkuyu NPP.
The Akkuyu NPP is being built in Turkey on the coast of the Mediterranean Sea. The project includes four reactors with a capacity of 1,200 MW each. It is planned that after the completion of construction the NPP will generate around 35 billion kWh of electricity a year. The operation life of the NPP is 60 years.

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