Drastic changes in the global economy, caused by significant constraints due to the coronavirus pandemic, are forcing companies around the world to reconsider their business models.
Alternative approach in doing business also applies to Ukrainian producers, who are seeking to explore new markets. Until now, buyers and importers used to consider specific requirements as for the quality, while formulating or seeking a quote. However, the situation has changed over the last year. Buyers now pay much more attention to the reliability of suppliers, product quality and further cooperation opportunities, with the expansion of the range prospects in mind.
Given all this, let us relay our experts point on what are the main advantages of exporting products from Ukraine.
Resource opportunities. Ukraine is the one of main suppliers of food products and agricultural products to the world market. Ukrainian enterprises are extensively shifting from the supply of raw materials to the creation of a finished product. It is the observance of product quality requirements, at a competitive price level, that makes it possible to supply our own products both to the market of developed countries and to markets that continue to develop.
Logistics issues. Favorable dispisition creates competitive advantages for Ukrainian businesses. This provides for the development of sales and production chains creation with companies from around the world. Importers from EU are seriously considering products from Ukraine as those to play major competitors in quality and at the same time remain considerably inexpensive while compared to their EU rivals.
Strategic partnership. The threat of insufficient food supply and safety is being increased year by year.That is why products of Ukrainian origin can help meet demand in different markets around the world, making food and other products more affordable.
The uniqueness of the offer. The changes caused by the global coronavirus pandemic have led to increased demand for higher quality products with unique properties. That is why Ukrainian producers occupy new niches, creating products with unique characteristics, especially in the field of food. At the same time, the development of information technology and the creative industry provide new tools and approaches for communication and the creation of new products that can meet current demand in a particular market.
Openness to cooperation. Obtaining an association agreement with Ukraine from the EU creates preconditions for Ukrainian companies to export their own products to the markets of these countries. Ukrainian producers and suppliers entering the develiped countries markets indicates the improved Ukrainian products quality. At the same time, companies from EU opt to consider Ukrainian companies as their strategic partners for the supply of both finished products and raw materials for their own production.
Reliable partnership. Due to the fact that more and more countries are interested in Ukrainian high-quality products, there is a significant demand for it. That is why the Invest.UA specialists actively collaborate with export-minded customers and suppliers from Ukraine to establish reliable trade relationships between them in a variety of fields: from food products such as honey or meat to wood and metal products. The team of experts not only has a thorough understanding of Ukrainian legislation to minimize the risks of export operations, but also enjoys their profound domestic market expertise and insights, which allow to identify highly reliable suppliers shortlist to satisfy and meet customers' needs.
State Bank Ukreximbank has started a large-scale sale of claims on loans to problem borrowers who do not cooperate with the bank on voluntary debt settlement.
In the near future, non-performing loans of borrowers-legal entities, the total amount of which reaches tens of billions of hryvnias, will be put up for electronic auctions.
The first exhibited lot is the rights of claim under the loan agreement and receivables of the borrower with collateral in the form of unfinished construction. Construction of a multifunctional premium complex Sky Towers with an area of 223 thousand square meters. m. in the center of Kiev was stopped due to deteriorating financial condition of the investor.
Bidding with a starting price of UAH 7.145 billion will take place on November 3 at the OpenMarket auction (SETAM of the Ministry of Justice of Ukraine). In total, 7 lots worth over UAH 24 billion have been put up for auction at the moment.
The process of selling NPL claims involves several English and Dutch auctions with a gradual reduction in price. At the first auction, the rights of the claim are set at a price equal to the amount of the borrower's debt to the bank. The transition to the next auctions will take place in the presence of demand for a particular lot and provided that the application of this scenario will be the most cost-effective for the bank.
Independent experts and appraisers will be involved on a competitive basis to determine the sale price of the claims at Dutch auctions.
On October 20, an online auction was held for the privatization of the only property complex of the state enterprise Vinnitsa Distillery Plant with the result of over UAH 17 million.
Two participants registered to participate in the auction, who during the transparent and competitive bidding increased the price by almost UAH 10 million from the starting price of UAH 7,715,491 to UAH 17,077,155.00.
Now the winner of the auction must sign a protocol on the results of the auction, enter into a contract of sale and make a calculation, after which the process of privatization of the state enterprise Vinnitsa Distillery Plant will be officially completed.
After that, the new owner will receive: the only property complex is located in the production complex, buildings and structures with a total area of 626.2 m2, located on a land plot - 0.3388 hectares.
In the period from July 1 to October 12, 29,493 agreements were concluded within the land market. In total it is 73,447 hectares.
Thus, 5,129 notaries applied for access to the State Land Cadastre. The total number of applications was 5,759, of which 5,094 were approved, 3 were in the queue for consideration, and 662 were rejected.
According to the law, until 2024, only natural citizens of Ukraine with a limit of 100 hectares can buy agricultural land. The law on the land market prohibits foreigners from buying land. The issue of selling land to Ukrainian citizens and foreigners will be decided only in a national referendum.
In Ukraine, the land market started operating on July 1, 2021. As part of its activities, approximately 28,288 land plots with a total area of 70.57 thousand hectares have already been expropriated. The average cost per 1 hectare is UAH 43,879.
In the period from 11.10 to 13.10.2021 it is planned to sell the assets of seven liquidated banks for a total amount of UAH 833.87 million.
Among it, UAH 786.49 million were put up for sale as receivables on loans issued by banks, and securities worth UAH 34.96 million were put up for sale. In addition, real estate, land and other fixed assets will be traded for UAH 11.62 million, in the amount of UAH 0.80 million - receivables.
The assets of banks are sold:
The mortgaged property on the balance sheet of the liquidated banks is valued and sold under the control of the Deposit Guarantee Fund of individuals. Any company or individual can buy fixed assets and property of banks that have been declared insolvent through the electronic system Prozorro.Sales.
The purchase of such property has significant advantages, including low cost and prompt operation. In the process of liquidation of banking organizations, various assets are sold, for example: rights of claim under credit agreements; movable property (vehicles, office equipment, industrial equipment, consumables, etc.); real estate (residential buildings, land plots, commercial buildings and premises, offices).
The Invest.UA Marketplace platform has been officially accredited in the Prozorro.Sales system, which allows users to provide information about any lots that interest them. In addition, the company's specialists provide advice on issues related to operations on Prozorro.Sales and, if necessary, will help to place an application for the auction.
Ukraine and Jordan have agreed on a form of certificate for the export of meat, offal and other poultry products.
The document became the fifth export certificate the two countries have recently agreed to. Earlier, the competent authorities approved the forms of certificates for the export from Ukraine of chilled frozen beef, chilled sheep meat, cattle and sheep for slaughter.
The relevant certificate establishes the zoning of the territory of Ukraine for the uninterrupted trade in poultry products, which operates even in the event of outbreaks of avian influenza.
Today, Ukraine is among the TOP-10 world exporters of chicken and has the status of a country free of highly pathogenic avian influenza.
According to the State Statistics Service of Ukraine, in 6 months of 2021, Ukrainian producers exported meat and edible poultry offal weighing about 217 thousand tons to 96 countries. During the same period, more than 442.5 million poultry eggs were exported to 55 countries
The State Property Fund has put up for auction the children's health camp «Sonyachniy», which is located in the village of Serhiyivka - near Belgorod-Dniester, Odessa region. The online auction is scheduled for October 18.
The privatization object includes 11 units of real estate, namely: 2 dormitory buildings, a dining room, a cinema, a medical center, a reception department, a checkpoint, a bridge, a fence, a stadium and a pedestal (construction remains). The total area of the camp: 5318.0 m2.
Property-based activities have not actually been carried out since 2006. The property is not used, is in unsatisfactory and neglected condition.
The privatization object is located on the shores of the Shabolat estuary, the distance to Belgorod-Dniester is 19 km, to Odessa - 81 km. The starting price of the privatization object is UAH 6,047,922.
From the beginning of the 2021-2022 marketing year (July-June) and as of September 24, Ukraine exported 12.76 million tons of cereals and legumes, which is 1.4 million tons more than in 2020.
Currently, 7.74 million tons of wheat, 1.39 million tons of corn, 3.4 million tons of barley, 33.2 thousand tons of flour have been exported.
In 2020/2021 marketing year, exports of wheat amounted to 16.64 million tons, corn - 23.08 million tons, barley - 4.23 million tons, flour - 0.13 million tons.
According to the Ministry of Agrarian Policy, Ukraine exported 56.72 million tons of grain and legumes in 2019/2020 MY.
In 2020, 83.8 million tons of major crops were harvested from an area of 24.1 million hectares. In particular, 65.4 million tons of grain and legumes were threshed from an area of 15.3 million hectares.
The European Commission has approved the allocation of the second tranche to Ukraine under the "exclusive" macro-financial assistance program in the amount of 600 million euros. One of the main conditions for the allocation of such a tranche was the continuation of cooperation with the IMF under the Reform Support Program.
According to the Ministry of Finance, the funds will be used to maintain economic stabilization in Ukraine by meeting the needs of external financing.
The funds will be provided to Ukraine for 15 years until 2035, at a low rate (last year it was 0.125% per annum).
To receive the tranche, Ukraine had to meet a number of requirements. One of the key issues was the reform of the High Qualifications Commission of Judges and the High Council of Justice. They also discussed tax and customs reform, medical procurement and corporate reform.
On July 23, 2020, Ukraine and the European Union officially approved an agreement on macro-financial assistance - a loan of 1.2 billion euros. Ukraine received half of the funds without additional conditions in December of the same year.
Lukyanovsky pre-trial detention centerin Kyiv can be converted into a hotel. This idea was expressed by the Minister of Justice Denis Malyuska. He believes that the pre-trial detention center, in theory, could be sold like other facilities.
According to the minister, the problem of the Lukyanovka pre-trial detention center is that there are currently more than two thousand people there. To replace this pre-trial detention center, a facility is being built on the Boryspil highway, but it is designed for a thousand people. Therefore, the Minister noted that with regard to the Lukyanovka pre-trial detention center, it will be a question of freezing and changing the purpose of only a part of it.
The rest of the detention center will remain in place for the next 5-6 years. According to Malyuska, they will first close the oldest 200-year-old building, which, according to the plan, they want to turn into a hotel.
The main building of the Lukyanovsky pre-trial detention center was built in 1859-1862 according to the project of the provincial architect Mikhail Ikonnikov on the then outskirts of the city. Officially began working in 1863.
The prison also has a whole system of underground tunnels - transitions between different parts of the prison: the investigative building, the old and the new part of the prison. Inside, the tunnels are blocked by numerous metal doors with locks and special alarms. In the pre-war years, the OGPU prison of the NKVD of the USSR was located here.
In addition to criminals or suspected criminals, victims of political repressions, including well-known public, political, military figures, representatives of science and culture - Maksym Rylsky, Hrushevsky, Vynnychenko - were kept in the premises of Lukyanovsky Prison.