Business news from Ukraine

Business news from Ukraine

RINAT AKHMETOV REMAINS RICHEST UKRAINIAN IN 2019

SCM Group owner Rinat Akhmetov remains the richest Ukrainian in 2019 according to the Focus magazine, with fortune of $7.2 billion.
According to the list, owner of Interpipe Victor Pinchuk with $2.4 billion and owner of Group DF Dmytro Firtash with $1.7 billion are second and third on the list.
Ex-owners of the Privat Bank Ihor Kolomoisky with $1.1 billion and Hennadiy Boholiubov with $0.9 billion, who were second and third in recent years, fell to the eighth and ninth places respectively.
Owner of Smart-Holding Vadim Novinsky with $1.5 billion climbed from the fifth to fourth position. A shareholder in Ferrexpo Kostiantyn Zhevaho with $0.5 billion fell from the fourth position to the 20th.
Ex-President of Ukraine Petro Poroshenko, the owner of Roshen, climbed from 12th to the fifth position with $1.3 billion. Owners of Epicenter K Group, Hereha couple with $1.2 billion, climbed from the 10th position to the sixth.
The seventh place on the list is occupied by the owner of Dniprospetsstal, the head of the political council of the Opposition Platform – For Life party Viktor Medvedchuk with a fortune of $1.1 billion, who entered the rating for the first time.
In addition, the owner of Fozzy Group, Volodymyr Kostelman ($0.85 billion), moved up to the 10th place from 13th.

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FM OF UKRAINE INVITES UN WORLD TOURISM ORGANIZATION TO HOLD FORUM IN UKRAINE

During his working visit to Spain, Minister of Foreign Affairs of Ukraine Dmytro Kuleba has discussed with Secretary General of the UN World Tourism Organization Zurab Pololikashvili the prospects for Ukraine’s interaction with the Organization, involving the organization’s mechanisms in the development of the tourism industry in Ukraine.
“They paid main attention to the consequences of the COVID-19 pandemic for the tourism industry, its adaptation to new realities. Kuleba noted that the pandemic has not only obvious negative consequences for tourism, but also unexpected new opportunities. In particular, in Ukraine, such circumstances gave impetus for domestic tourism, aroused people’s interest in traveling inside their own country,” the press service of the Ukrainian Foreign Ministry said on Friday morning.
Pololikashvili noted that now this trend is observed everywhere, and the organization sees in it new opportunities for the global development of domestic and rural tourism.
The head of the Ministry of Foreign Affairs of Ukraine proposed to hold an international tourism forum of the World Tourism Organization in Ukraine, dedicated, in particular, to the topic of domestic and green tourism in the countries of the world.
“I have no doubt that Ukraine will become a new territory on the map of world tourism, which foreigners will be happy to discover for themselves as something new. The development of domestic tourism is a priority of President Volodymyr Zelensky and the government of Ukraine. I want us to join forces on the WTO to achieve this goals,” said the minister.
According to Kuleba, it is worthwhile, without waiting for the end of the pandemic, to actively seek new forms and methods of tourism development, given the importance of the tourism industry for the world economy.
The Minister invited the Secretary General of the UN World Tourism Organization to pay a visit to Ukraine.

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COUNTRIES NEIGHBORING WITH UKRAINE, EXCEPT MOLDOVA, PLACED IN GREEN ZONE ON CORONAVIRUS

Ukraine’s neighboring countries, with the exception of Moldova, have entered the green zone for the spread of COVID-19, according to data published on the website of the Ministry of Health as of September 11.
The “red” zone includes countries with an incidence rate per 100,000 population over the past 14 days higher than in Ukraine (88.1). In total, there are as many as 47 countries.
The “red” zone, as before, includes Moldova (152.4 per 100,000). Romania moved from the “red” to the “green” zone (85.5 per 100,000).
France, Spain, Montenegro, U. S., Israel are also among the countries of the “red” zone.
The countries of the “green” zone include, in particular, India, Czech Republic, Austria, Belgium, the Netherlands, Italy, Sweden, Great Britain, Slovenia, Turkey, Egypt, Georgia, Finland, Switzerland, Germany, Bulgaria and Greece.
The closest neighbors of Ukraine, included in the green zone, are Belarus (25.7 per 100,000), Poland (21.5 per 100,000), Slovakia (24.8 per 100,000), Hungary (45.3 per 100,000), and the Russian Federation (44.5 per 100,000).

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Andrew’s Descent invites to celebrate birthday on Sept 12

Traditionally, in early September, the street-symbol of Kiev, Andrew’s Descent, celebrates its birthday! Accordingly, on September 12, we invite all Kiev people and guests of the another cities to join the brightest holiday, because it has already become a mandatory part of the history of the street!

The purpose of the event: popularization of culture and art of Ukraine, support of creative industries.

Only we have the largest stage -7,000 m3

Theatrical and musical art are boldly combined here.

The traditional highlight of the holiday will be the evening performance of the orchestra of the Kyiv Academic Operetta Theater on the balcony of St. Andrew’s Church. Conductor of the orchestra – People’s Artist of Ukraine Oksana Madarash. Artistic director of the theater, People’s Artist of Ukraine Bohdan Strutynsky.

The guests will also be greeted by the Kyiv Academic Municipal Brass Band led by General Director Vyacheslav Ivanovich Korobko. We invite everyone to immerse themselves in the world of art and together become the creator of the holiday!

The organizers, the NGO Andriyivsky Uzviz, decided to start the annual festival dedicated to the celebration of Andriyivskyi Uzviz’s birthday and turn the most important street-symbol of Kyiv into an amazing open-air theater.

This is the third such festival. But this year is special. Therefore, the organizers of the holiday adhere to all sanitary and anti-epidemic norms regarding restrictions in connection with the coronavirus COVID-19. We have been hesitant about the holiday for a long time, but we are sure that it will help to support our positive inspiration for people, give a new impetus cultural and artistic figures. It is especially important that this event will be an emotional support for artists who have not been on stage for six months.

Admission, as always, free!

For media attention: we invite you to join the event!

Issues of accreditation and media partnership please contact: Tatiana +38 067500 73 86 or guestvatatiana@gmail.com.

Let’s celebrate the birthday of our favorite Andrew’s Descent together!

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STATE BUDGET REVENUES 15% OVERFULFILLED IN AUG 2020

State budget revenues in August 2020 amounted to UAH 100.2 billion, which is 15.2% higher than the planned figure and 14.3% higher than last year’s level, according to data from the State Treasury Service.
According to the agency, the general budget fund received UAH 85.4 billion in July, which is 19.7% more than the plan and 10% more than in August 2019. According to the service, in general, in January-August 2020 the state budget received UAH 688 billion, which is 2.8% less than the target, but 2.5% more than last year’s figure for this period.
In particular, the general fund for the eight months of this year received UAH 594 billion, the backlog of the plan was 3%, but this figure corresponds to the level of the eight months of 2019.
Customs in August brought almost UAH 26.9 billion, which is 1.1% more than the plan and 6.5% higher than in August 2019. Following the results of the eight months, customs receipts amounted to UAH 177.6 billion, lagging behind the expected level by 15.9%, and from last year’s level by 13.8%.
Tax revenues in August exceeded the plan by 33.2% and were 12% higher compared to August last year, amounting to UAH 56 billion. In the eight months, the tax service overfulfilled the plan by 5.3% with the revenues being UAH 356 billion, which is 17.3% more than in January-August-2019.
According to the service, VAT refunds in August fell to UAH 8.57 billion compared to UAH 9.13 billion a month earlier.

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Prime Minister of Ukraine initiates extending area of irrigated land

Prime Minister of Ukraine Denys Shmyhal believes that Ukraine can strengthen its position in the world agricultural markets if it extends the area of irrigated land, the government’s press service reports.

“Strengthening the leadership position of Ukraine in agricultural markets in the world is possible subject to an increase in irrigated land. Ukraine has a great potential in the development of the irrigated agriculture system, but the available capacity is used only by 25%. Therefore, we must increase the irrigation area by modernizing existing irrigation systems and building drip irrigation systems,” the prime minister said.

He noted that such measures will increase the yield in Kherson region by at least 2.5 times, which will contribute to GDP growth and create new jobs.

“Kherson region has the best preserved water management complex and the largest areas under drip irrigation are concentrated. Therefore, it can become an example in the construction of new and modern irrigation systems,” he said.

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