Business news from Ukraine

VOLUME OF CONSTRUCTION PRODUCTS PRODUCED BY TYPE IN OF JAN 2022 (MLN UAH)

Volume of construction products produced by type in of Jan 2022 (mln UAH)

SSC of Ukraine

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FIRST OFFICIAL BATCH OF APPLE PRODUCTS ARRIVE IN UKRAINE

The first official batch of Apple products – more than 8,000 Iphone 13 smartphones – arrived at the Boryspil airport on October 9, the State Customs Service of Ukraine said on its Facebook page.
“In total, more than 8,000 smartphones of the Iphone 13 line with a declared value of more than $7.5 million arrived in Ukraine. The State Customs Service of Ukraine has begun customs clearance of goods,” the post says.
Earlier it was reported that on June 30, Apple opened an official office in Ukraine. Also, Apple will deliver the entire line of its products and open a service point for servicing its products.

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UKRAINE RAISES OUTPUT OF ROLLED PRODUCTS BY 6%

Ukrainian metallurgical enterprises in January-August this year increased production of general rolled products, according to recent data, by 5.9% compared to the same period last year, to 12.999 million tonnes.
According to the Ukrmetalurgprom association on Thursday, over the eight months steel production increased by 6.7%, to 14.596 million tonnes, and cast iron – by 7%, to 14.503 million tonnes.
In August, 1.673 million tonnes of rolled products, 1.864 million tonnes of steel, and 1.852 million tonnes of cast iron were produced, while in the previous month – 1.723 million tonnes of rolled products, 1.876 million tonnes of steel, and 1.857 million tonnes of cast iron.

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UKRAINE APPROVES BILL ON STATE CONTROL OF PRODUCTS WITH GMOS

The Cabinet of Ministers has supported the submission to the Verkhovna Rada of a draft law on state regulation of genetic engineering activities and control over the circulation of products containing genetically modified organisms (GMO), this initiative is conducting a comprehensive review of the existing legislation in the field of handling GMO products, and also allows implementing EU regulations in force in the Ukrainian legislation.
The government made the corresponding decision without discussion at a meeting on August 4.
“Imperfect legal regulation of GMO handling makes it impossible to effectively control the circulation of GMO products and creates conditions for the illegal use of unregistered GMO products. Thus, state regulation in the field of GMO handling should be revised, modernized and brought in line with EU legislation,” an explanatory note to the document reads.
This bill provides for the delineation of powers of the authorities to eliminate duplication of functions in the field of GMO circulation, improvement of the system for assessing the risks of the impact of GMOs on human health and the environment, the introduction of European mechanisms for state registration and labeling of products with GMOs, strengthening state control in the sphere of handling GMOs.
The bill introduces a new type of permits – “permits for the import of unregistered GMOs for carrying out genetic engineering activities in a closed system” with a gradation of the levels of risks they create from 1 to 4.
It is assumed that this bill will regulate the creation, labeling and use of GMOs and genetically modified products, control of compliance with legislation in this industry. In addition, the document prohibits the circulation of food products containing GMOs (or produced with their use) prior to the state registration of the corresponding source of origin of GMOs.

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ARCELORMITTAL REDUCES OUTPUT OF ROLLED PRODUCTS IN UKRAINE IN JAN-JUNE

PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) in January-June 2021 reduced the output of general rolled products, according to operational data, by 2.1% year-over-year, to 2.3 million tonnes.

A representative of the company told Interfax-Ukraine that steel production during this period increased by 1.4%, to 2.45 million tonnes, cast iron by 10.4%, to 2,790 tonnes. At the same time, sinter production increased by 7.6%, to 4.95 million tonnes.

In June, about 390,000 tonnes of rolled products, some 420,000 tonnes of steel, some 470,000 tonnes of cast iron, some 880,000 tonnes of sinter were produced.

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PRODUCTION OF CABLE AND WIRE PRODUCTS IN UKRAINE DOWN BY 8% IN Q1

The production of cable and wire products in Ukraine in the first quarter of 2021 decreased by 8.2% (by weight of metal) compared to the same period in 2020, the Ukrelektrokabel association reported on its website on Monday.
“Due to quarantine restrictions, a rapid decrease in demand, an uncontrolled rise in prices for raw materials and other unfavorable factors, in the first quarter of 2021 the enterprises of the association and the cable industry of Ukraine showed a decline,” the association said.
According to the analysis of the activities of the member enterprises, the processing of copper decreased by 12.1%, PVC (polyvinyl chloride) compounds by 13.1%, polyethylene by 8.5%, and insulating varnishes by 25.2%.
A significant decrease in production was demonstrated, in particular, by self-supporting insulated and protected wires by 30.1%; power cables with voltage up to 1 kV by 23.5%; electrical wires for power units by 27.7%, and lighting cords and wires by 18.1%.
The production of wires for industrial blasting operations fell even more significantly by 66.2% and radio frequency cables by 55%.
In addition, Ukrelektrokabel informs, in the first quarter, TF Cable Ukraine LLC (Chernihiv), a manufacturer of cable and wire products for energy distribution networks, has completely ceased production and 25% of the personnel were laid off.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, TF Cable Ukraine LLC with a charter capital of UAH 125.6 million was registered in 2008, and 100% of its shares are owned by the Polish company Tele-Fonika Kable.
According to Ukrelektrokabel, the negative events also included the forced reduction of 60% of the personnel at Cable Factory LLC (Kamianets-Podilsky), which produces installation cables and wires, as well as 15% of the personnel at Odesa-based Twomen Cable Factory (production of telecommunication copper and fiber-optic cables).
According to the data on the association’s website, it unites 18 manufacturers of cable and wire products, including large ones: Odeskabel, Pivdencable (Yuzhcable) plants (Kharkiv) and others.

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