Business news from Ukraine

Business news from Ukraine

AMCU ALLOWS VODAFONE TO BUY VEGA

The Antimonopoly Committee of Ukraine has allowed PrJSC Vodafone Ukraine to concentrate more than 50% of the telecom operator Vega (Farlep-Invest).
According to a statement released on the AMCU website, the committee made such a decision following the meeting on Thursday.
“The aggregate shares of concentration participants in the involved regional markets do not exceed 11%. In all commodity markets involved in the concentration, except for the voice traffic termination services market, there are a large number of business entities, they are competitors of the concentration participants and offer consumers similar services,” the AMCU said.
According to the AMCU, the seller within the planned concentration is SCM Group, which also includes PrJSC Ukrtelecom.
Both of these companies own a frequency resource in the 2.3 GHz range (15 MHz in six regions), as well as in the 2.5-2.7 GHz range.
Vodafone Ukraine is the second largest mobile operator in Ukraine.
The national telecom operator Vega is part of the telecommunications division of Rinat Akhmetov’s SCM group. The operator offers complex solutions in the field of fixed telephony, broadband Internet access and data transmission. The company is present in 22 regions of Ukraine.

, , ,

ZAPORIZHIA IRON ORE PLANT RAISES IRON ORE PRODUCTION

Zaporizhia Iron Ore Plant (Dniprorudne, Zaporizhia region) in January-July this year increased iron ore production by 7.5% compared to the same period last year, to 2.84 million tonnes (in January-July 2020 – some 2.642 million tonnes).
The company told Interfax-Ukraine that during this period, 2.705 million tonnes of products were shipped to consumers. At the same time, 423,000 tonnes of ore were mined in July, and 385,900 tonnes were shipped to consumers.
Zaporizhia Iron Ore Plant sells its products to metallurgical enterprises in Slovakia, the Czech Republic, Austria and Poland, as well as to Zaporizhstal metallurgical plant in Ukraine.
The main shareholders of the plant are Slovak company Minerfin, a.s. with 51.1697%, Zaporizhstal with 29.5193%, and Czech KSK Consulting, a.s. with 19.0632%.

, , ,

BIDEN, ZELENSKY TO MEET ON AUG 31

The meeting of the Presidents of Ukraine and the United States, Volodymyr Zelensky and Joseph Biden, will take place on August 31 in Washington, Ukrainian Foreign Minister Dmytro Kuleba has said.
“In connection with the extension of the elements of the visit program, the meeting of the heads of state of Ukraine and the United States, Presidents Biden and Zelensky, will take place on August 31,” Kuleba said at an online briefing on Thursday.
The minister said that it was agreed to postpone the date of the meeting, in particular, due to the fact that the format of the meeting of the presidents was expanded, and now it will envisage not only a meeting of delegations, but also a face-to-face meeting. According to him, the head of the Ukrainian state will begin a visit to the United States at the invitation of the President of the United States on August 30 and will visit not only the capital of Washington, but also the state of California.
“The agenda will include a number of important events in Washington DC and the state of California. These are two basic points for the president’s visit. No president of Ukraine has been so far in the United States before, never visited another U.S. coast in the Pacific Ocean, although it is the state of California where the largest IT companies, high-tech space industry is located, and this is exactly where Ukraine has strong trump cards,” he said.
Kuleba added that the president would visit the state of California to create new opportunities for interaction between the United States and Ukraine in these areas and attract new U.S. investments in the Ukrainian economy.

, ,

THE INDEPENDENCE DAY OF UKRAINE WILL BE CELEBRATED IN A BIG WAY NEAR KYIV

On August, 21, 22, 23 and 24 Ancient Kyiv in the Principality of Kyivan Rus («Kyivan Rus Park») invites to a grandiose celebration of the Independence Day of Ukraine. A bright show-program on historical theme, horse-trick performances, Slavic amusements, master-classes, tasty dishes prepared on open fire, horse riding and much more from the life of Kyivan Rus will be waiting for the guests.
Ancient Kyiv opens at 10:00. The program starts at 14:00.
The ticket price: a full adult ticket – 230 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

, , ,

COST OF SUNFLOWER OIL IN UKRAINE FALLS

The average consumer price of sunflower oil in Ukraine in July for the first time in the 2020/21 year (September-August) fell by 0.34% compared to June, to UAH 64.73 per liter, in retail chains the product is present in a wide range and in sufficient volumes, according to the website of the Ukroliyaprom association.
“For the first time in the entire current year, there has been a decrease in the selling prices for sunflower oil by its producers. In particular, compared to May of this year, in July, the selling prices of enterprises for unrefined sunflower oil fell by 9.2%, and for refined oil, by 4.2% [respectively to UAH 37.4 per liter and UAH 41. per liter],” the association said.
According to the association, the domestic market of Ukraine consumes up to 10% of the sunflower oil produced in the country.
Ukroliyaprom said that the enterprises of the oil and fat industry of Ukraine are pursuing a balanced pricing policy, ensuring the priority of sunflower oil supplies to retail chains over export supplies. In retail chains, this product is present in a wide range and in volumes that meet the needs of the population.

UKRAINE RECEIVES 796,400 DOSES OF ASTRAZENECA FROM GREECE, POLAND AND LITHUANIA

On August 16, Ukraine received 100,000 doses of the AstraZeneca vaccine from the Greek government, on August 18, 650,400 doses of the same vaccine from Poland and 46,000 doses from Lithuania as humanitarian aid, the Ministry of Health reported on Facebook.
According to the report, part of the vaccine from these supplies would be used to vaccinate those who should receive the second dose of AstraZeneca, the rest will be distributed between vaccination centers and vaccination points.
AstraZeneca is a COVID-19 vector vaccine manufactured in the EU, UK, South Korea and India. It is approved for emergency use by the World Health Organization and the European Medicines Agency.

, , ,