Business news from Ukraine

Business news from Ukraine

LEADING UKRAINIAN MOBILE OPERATOR KYIVSTAR DONATES 55 OXYGEN CONCENTRATORS TO HOSPITALS

Mobile network operator Kyivstar handed over 55 Biomed JAY-10 oxygen concentrators to 12 hospitals in Kyiv city, Kyiv, Cherkasy, Chernivtsi, Vinnytsia, Poltava, Luhansk, Dnipropetrovsk, Kirovohrad and Khmelnytsky regions, the operator said on Thursday. “Big business is helping society to overcome the coronavirus pandemic. I am glad that we continue providing the necessary equipment to combat the pandemic,” the press service said, citing President of Kyivstar Alexander Komarov as saying.
He also recalled that in 2020, Kyivstar donated 10 Savina 300 Select ventilation and respiratory monitoring devices with consumables for them, 20 Vista 120 patient monitors and 6,851 reusable protective suits for medical workers from 30 referral hospitals.
The project is being implemented in partnership with the Tvoya Opora Charitable Foundation, which monitored medical institutions that receive patients with coronavirus.
According to the report, the charitable organizations with which Kyivstar cooperates have undergone thorough international checks by the VEON parent group regarding the ethics of their business.
As reported, during the quarantine, Kyivstar provided assistance with bonuses to the accounts of almost 70,000 doctors, and for three summer months they were given access to unlimited Internet. The total amount of support provided by the operator totaled approximately UAH 80 million.

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UKRAINIAN REGULATOR ALLOWS DIRECTOR OF GERMANY’S AGROLIFE GMBH TO BUY SVIT-AGRO

The Antimonopoly Committee of Ukraine has allowed Viktor Bazilchuk, who is listed as director of Agrolife GmbH on the website of the German supplier of animal feed and additives Agrolife GmbH, to buy more than 50% in Agrolife’s partner company Svit-Agro (Kyiv), which supplies feed additives and veterinary medicine.
The relevant permit was issued on January 28. The acquisition is planned indirectly through Austinola Limited (Cyprus).
According to the public register, the largest owner of Svit-Agro Trading House with 75.1% is Oleksandr Tymoshenko, who in late 2019 – early 2020 applied for the position of head of the State Fisheries Agency of Ukraine and had the highest score in the evaluation of candidates.
In addition, the company’s beneficiaries include Oleksandr Schnir’s Bridgewater Holdings Corp with 16.6% and Alarico Ltd (Belize) with 8.3%.
In his declaration, Tymoshenko indicated 25% in meat processing complex Stolychny LLC where 75%, according to the public register, belong to Bazilchuk. According to the data on the website, Stolychny has been exporting chicken since 2017, annually exporting about 2,600 tonnes of poultry meat.
According to the committee, the buyer’s group is engaged in the production and wholesale of animal feed, wholesale of grain, meal, cake, eggs, meat and meat products, pharmaceuticals and veterinary drugs, as well as provides processing and storage of grain, rents real estate.
Agrolife GmbH, according to the information on its website, is a supplier of oilseeds, cereals and feed additives for livestock in the markets of Germany, the EU and Ukraine. Agrolife GmbH together with the Danish Fermentationexperts AS are the founders of European Protein Ukraine LLC (Kyiv region).
In July 2018, the committee allowed Agrolife GmbH to acquire the Cypriot Cotone Investments Limited, which owns 100% of the shares of the feed manufacturer PJSC Kyiv-Atlantic Ukraine (Myronivka, Kyiv region). In the public register, the beneficiaries of Kyiv-Atlantic Ukraine through Agrolife GmbH are Natalia Bazilchuk with 56.33% and Borys Skyba with 18.78%.

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UKRAINE CUTS ELECTRICITY EXPORT BY 92,6% IN JANUARY

Ukraine in January 2021 reduced electricity exports by 92.6% (by 645.3 million kWh) compared to the same period in 2020, to 51.9 million kWh, according to the data of NPC Ukrenergo. According to the calculations of Interfax-Ukraine, in particular, supplies from the Burshtyn TPP energy island in the direction of Hungary, Slovakia and Romania fell by 89.7% (by 448.9 million kWh), to 51.9 million kWh.
Electricity was not supplied to Poland and Moldova last month, while in January last year, 151.2 million kWh and 45.2 million kWh were exported in these directions, respectively.
Ukrainian electricity also was not exported to Belarus and the Russian Federation in January 2021 and 2020.
In addition, in January 2021, Ukraine reduced electricity imports by 52.4% (by 292.4 million kWh) compared to the same period last year, to 268.3 million kWh, including Belarus supplied 180.6 million kWh, Slovakia – 78.3 million kWh, Hungary – 6.9 million kWh, and Romania – 2.5 million kWh.
In addition, as Inter-Transmission Compensation mechanism associated with the parallel operation of the IPS of Ukraine with the power systems of neighboring countries and power supply to dead-end areas, 6.26 million kWh of electricity was imported from the Russian Federation last month and 0.01 million kWh from Belarus.
Emergency supplies from Belarus amounted to 3.13 million kWh, and 0.08 million kWh to Belarus.

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UKRAINIAN KSG AGRO RAISES EXPORT OF AGRICULTURAL PRODUCTS TO ASIA AND AFRICA

KSG Agro agricultural holding in 2020 increased export of agricultural products to African and Asian markets by 46%, to 7,770 tonnes, the holding’s press service has said.
“Last year, we expanded our presence in export African and Asian markets. In the context of the quarantine crisis, the issue of diversifying supplies and expanding the range of products supplied is especially acute,” Serhiy Kasyanov, the head of the board of directors of KSG Agro, said.
According to the agricultural holding, in 2020, the export of wheat flour to Libya increased by 3.6 times compared to 2019, to 3,000 tonnes.
It is clarified that KSG Agro exported 172 tonnes of sugar to Libya, 4,000 tonnes of corn to Malaysia, 600 tonnes of barley to Oman.
KSG Agro is a vertically integrated holding. It is engaged in pig breeding, production, storage, processing and sale of grain and oilseeds.
For the nine months of 2020, the agricultural holding received $ 4.77 million in net profit, which is 52% less than in the same period in 2019, revenue decreased by 17%, to $ 14.67 million.

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THE FIRST ADAPTIVE PAYMENT TERMINAL AS FLEXIBLE AS A MODERN BUSINESS IS LAUNCHED IN UKRAINE

POS terminal – combo pay from Excellio On February 8, Excellio Trade LLC , a leading supplier of mPOS and fiscal equipment, has presented the all-purpose (versatile) payment terminal – ComboPay, which is perfectly adapted to any business needs. The new device has passed all international certifications and received official permission for sale in Ukraine.
POS terminal – combo pay from Excellio
Ukrainian’s payment habits are constantly changing. More and more people choose credit cards over cash. Salary, cashback, withdrawal fee, etc. all these elements are boosting non-cash payments. It’s fast, convenient, and safe, especially considering new pandemic realities.
“Contactless card payments and NFC gadgets are undeniable favorites among Ukrainians” – Mastercard in Ukraine
Due to market competition and the desire to work with just any customer, more and more entrepreneurs install payment terminals. National Bank of Ukraine confirmed an increase in the number of companies that accept card payments within 9 months of 2020.
It should be pointed out, that Ukrainian entrepreneurs have always faced difficulty choosing the right POS terminal. Most of the existing models are wired, without integration with a cash register, or need a control device such as a computer. It restrained entrepreneurs and the scope of terminals use. These days companies have to be flexible in order to survive at the time of a crisis, unforeseeable circumstances, and rapid change of customer preferences. Therefore, entrepreneurs need such a new terminal as ComboPay. It’s so convenient that the terminal can transform from restaurant payments to delivery service or from street market to boutique chain. Exellio Trade LLC in cooperation with Oschadbank had decided to put this idea into practice. After a long process of developments and tests, they have presented a solution that will dramatically improve the payment experience for both, a merchant and a customer.
ComboPay is an mPOS terminal that transforms and adapts perfectly to any business task at any time.
It doesn’t require any add-ons. You can work with just a single terminal itself. It doesn’t need a smartphone, PC, cash register, or even WiFi, and it can work completely autonomously. If you already have a fully functional system with a cash register and other accounting devices, ComboPay can be easily integrated into it. Thus, you don’t need to enter the amount twice. It’s done with one click!
Any form checks.
ComboPay can print regular checks (by connecting an attachable printer) or it can follow eco-trends and send e-checks by email (it’s super convenient if you have a client’s loyalty system). On top of that, mPOS ComboPay can generate QR-codes from check information and display it.
Mobile and independent.
Our latest payment device can be completely portable. It’s lighter than iPhone 12 and it keeps up to 3 days of battery in normal mode. Thanks to the minimalistic design, it perfectly fits any shop or beauty salon. It has 3G Internet connectivity but can just as easily work through Wi-Fi. A special Dock-station is available if you have a big flow of customers and round-the-clock work.
It receives any types of credit cards and NFC gadgets, as well as loyalty cards. It has an intuitive interface and comfort control keys that simplify learning and speed up information entry. It also supports multiple languages and has easy to read display. ComboPay doesn’t require any specific technical knowledge for staff.
Compact and wireless.
First of all, new mPOS is interesting for small and medium businesses. In particular, it’s an optimal solution for courier services or online-shops and restaurants with their own on-site delivery. After all, ComboPay is perfectly suited for street food (street markets, fairs, mobile coffee shops, etc.), for the beauty industry, health and wellness, island trade in a shopping mall, HoReCa, and any other businesses.
It’s also convenient for parcel verification since it has a sensor display with a signature feature.
The new mPOS ComboPay was developed in partnership with the national bank Oschadbank with the maximum guarantee of customer safety. This cooperative project provides comprehensive support for vendors: financial reliability of a leading state-owned baking institution and integral technical and information support from Exellio Trade LLC.
It’s very important to keep money safe since entrepreneurs invest a lot of effort, time, and often last resources in their business. That’s why we chose Oschadbank for ComboPay acquiring. This is a system bank with the longest history on the market in Ukraine. And more importantly, Oschadbank, compare to others, covers the whole amount of deposits. Thus, vendors can remain calm as 100% of their funds are secure.
The managers in Exellio Trade LLC will take care of the bureaucratic process and do all of the paperwork in completing registration for you.
It doesn’t matter if you have a store today and a delivery service tomorrow, ComboPay transforms in the way you need! It combines quickly and easily as it’s necessary for Ukrainian business. This is your Combo in the payment field!
The price of the basic package starts from 5800
+38 066 251 52 11
exellio.ukraine@gmail.com
Iuliia Chernenko, content manager Exellio Trade Llc.

PRESIDENT OF UKRAINE ZELENSKY THANKS GREEK PRESIDENT FOR HELPING OBTAIN COVID-19 VACCINE

President of Ukraine Volodymyr Zelenskyy thanked Greek President Katerina Sakellaropula for agreeing to assist in obtaining vaccine against COVID-19 and invited her to the celebration of the 30th anniversary of Ukraine’s independence
“I wish health to the Greek people. Grateful to President of Greece Katerina Sakellaropoulou for helping obtain more COVID-19 vaccine. I invite you to the 30th anniversary of Ukraine’s independence. Glad to facilitate the celebration of the 200th anniversary of the Greek revolution where our Odesa played an important role,” he wrote on his Twitter page.

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