Business news from Ukraine

Business news from Ukraine

American Chamber of Commerce Presented Thanksgiving Awards to Ukraine’s Defenders and American People at Thanksgiving Dinner in Kyiv

The American Chamber of Commerce in Ukraine presented the 2023 Thanksgiving Awards to Ukraine’s defenders fighting for freedom, sovereignty, and independence, and to the American people for their support of Ukraine and Ukrainians during Russia’s full-scale invasion. The awards were presented during a Thanksgiving dinner in downtown Kyiv.

240 top executives of American and international Chamber member companies, partners, friends, and stakeholders gathered in downtown Kyiv for the 2023 American Chamber of Commerce in Ukraine Thanksgiving Dinner during the war. The event demonstrated the resilience and commitment to Ukraine and its recovery, and sent a clear message to the world – the business community working on the ground is grateful to those who support Ukraine on its path to victory, and Ukraine is open for business.

“On this Thanksgiving Day, we express our gratitude to the brave defenders of Ukraine who are fighting for the freedom and preservation of the Ukrainian nation. We are honored to be inspired by their heroism, which shows the world what true bravery is. We are grateful to the united American people for their unwavering commitment and support of Ukraine on its path to victory. Together to victory,” commented Andy Hunder, President of the American Chamber of Commerce in Ukraine.

U.S. Ambassador to Ukraine Bridget Brink received the award on behalf of the American people. As Ukraine moves forward on its path to victory, the world has witnessed the unwavering commitment of the American people, the U.S. government, and U.S. business leaders to Ukraine and the enduring partnership between the two countries.

“AmCham members continue to invest in Ukraine and play a vital role in the economic recovery. The Government of Ukraine and the private sector, working together, can help Ukraine implement reforms, create a vibrant economy, and realize its Euro-Atlantic future. Together, we can ensure that Ukrainians have the freedom to determine their own future,” said Bridget Brink, United States Ambassador to Ukraine.

In 2015, the American Chamber of Commerce launched the tradition of celebrating Thanksgiving in Ukraine. The Chamber member companies recognize organizations, projects, and individuals who have made a significant contribution to the development of a favorable business and social environment in Ukraine, promoted the country on the international stage, and made efforts to make it prosperous.

The American Chamber of Commerce in Ukraine has many people to whom it is grateful, people who are changing Ukraine every day, bringing Ukraine’s victory closer, and making it a better place to do business.

Please see details on who received the Thanksgiving Recognition in 2022 and previous years.

About the American Chamber of Commerce in Ukraine:

The American Chamber of Commerce in Ukraine (the Chamber) is the leading international business association serving 600+ member companies in Ukraine since 1992, delivering the unified voice of the best American, international and Ukrainian companies that have invested over $50 billion in Ukraine and remain committed to the country.

Contact person:

Yuliana Chyzhova, Chief Public and Media Relations Officer at the American Chamber of Commerce in Ukraine, ychyzhova@chamber.ua

How to promote Tik Tok in 2023

TikTok is one of the most popular social networks in the world, which has become a platform with huge competition over time, and every video fights for the audience’s attention. To attract views, likes, and subscribers, you’ll have to put in a lot of work to promote your content.

Creating high-quality and engaging content is the foundation of success, on which high-quality Tik Tok promotion is based. Your videos should be not only interesting but also original, something that viewers will want to watch again and again. Don’t forget that the content should be not only funny but also useful.

To stay at the peak of popularity, follow current trends and implement them in your videos. This will help attract attention and increase the number of views. But remember that trends on TikTok change rapidly, and your task is to catch these changes and adapt to them.

Using hashtags is another important strategy to increase views on TikTok. Choose current and relevant hashtags that match your video. This will help your work get into popular sections and attract a new audience.

Don’t limit yourself to TikTok. Promote your videos on other social networks, on your blog or website. This will open up access to new viewers and help you gain additional subscribers.

Paid promotion can also be part of your strategy. Advertising on TikTok or other social networks can speed up the promotion process and bring new viewers to your account.

Every successful TikTok user has a unique concept. Determine what sets you apart from others and what story you want to tell your viewers. Analytics also plays a key role. Analyze which videos get the most views and use this information to plan future content.

Be proactive and update your content regularly. Regular posts will help maintain viewer interest and strengthen your presence on the platform.

TikTok is characterized by its unique dynamics and requires special approaches to promotion. In addition to general tips for creating and promoting content, there are a number of TikTok-specific strategies that will help you succeed on this platform.

Use effects and filters. The platform offers a wide range of visual effects and filters that can make your video more attractive and interesting. Experiment with them to add uniqueness to your work.

Integrate music and sounds. Music and sound effects play a key role on TikTok. Use popular tracks or create your own unique soundtracks to provide your TikTok followers with a colorful and diverse content.

Participate in challenges. Regularly participating in popular challenges or launching your own is a great way to increase your reach and engagement.

Use Duet and Stitch features. Use the Duet and Stitch features to interact with other users and create collaborative content. Not only does this increase your reach, but it also gives you a new way to look at content creation.

Create short and engaging videos. TikTok loves short and dynamic videos. Strive to make your videos catchy and memorable, but short enough to keep the viewer’s attention.

Be active during peak hours. Determine when your target audience is most active on the platform and post your videos during those hours to maximize your reach.

Hold more live broadcasts. Regular live broadcasts give you the opportunity to communicate with your audience in real time. This is what strengthens the connection with subscribers, and, most importantly, collects likes on Tik Tok, as well as helps to form a loyal community.

Respond to comments and questions. Pay attention to comments and try to respond to them. This shows that you value your audience and are interested in their opinions and suggestions.

On TikTok, success depends not only on general strategies for creating and promoting content, but also on understanding the unique features of this platform. By integrating these specific approaches into your promotion strategy, you can maximize your reach, increase audience engagement, and stand out from the competition.

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Ukrainian Squash Cup 2023 will be held in Kyiv

On November 18-19, 2023, the National Squash Cup of Ukraine 2023 tournament will be held at the courts of the SPORT LIFE fitness center in Kyiv with the assistance of the Ukrainian Squash Federation and the Ministry of Youth and Sports of Ukraine.

The competition is held to popularize a healthy lifestyle and determine the best squash players in Ukraine.

The tournament will take place for 2 days in 7 categories:

Men, Women, Boys under 11, Girls under 11, Boys under 13, Girls under 13, Boys under 15.

A total of 130 players will take part in the tournament.

Players from Kyiv, Lviv, Kherson, Kharkiv, Dnipro, Khmelnytskyi, Poltava, and Odesa will take part in the tournament.

The competition will be held at 8 Samaila Koshky St., Kyiv.

Competition schedule:

Saturday, November 18, 10.00 – 20.00

Sunday, November 19, 10.00 – 18.00

The honorary guests of the competition will be Matviy Bidnyi, Minister of Youth and Sports of Ukraine, Georgiy Zantaraya, World Judo Champion, Head of the NOC of Ukraine Athletes Commission, Kyiv City Council member, Yulia Khan, Director of the Department of Youth and Sports in Kyiv, Stanislav Medvedenko, two-time NBA champion with the Los Angeles Lakers.

The awarding ceremony will take place on Sunday, November 19 at 18.00 in the SHEF restaurant.

“The Ukrainian Squash Cup 2023 is the most famous tournament in independent Ukraine. The scale of the championship is evidenced by both the number of participants and the large number of organizations involved in the preparation and holding of the competition.

The main organizer of the tournament is the NGO Squash Federation of Ukraine.

The main fitness partner of the event is the Sport Life fitness club network.

The main media partners of the tournament are Interfax-Ukraine and the Experts club analytical center.

Prizes and gifts from REIMA, TECNIFIBRE and EYE.

The official medical partner of the tournament is the ADONIS clinic network.

The official water of the tournament is KRAINA.

The official hotel of the tournament is FAVOR.

The partner of the party and awarding ceremony is the SHEF restaurant.

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State-owned enterprise “Forests of Ukraine” increased its profit to UAH 2.6 bln in nine months of 2023

The state-owned enterprise Forests of Ukraine has increased its profit to UAH 2.6 billion following the results of nine months of work, the company’s director general, Yuriy Bolokhovets, has said.

“This is ten times more than the industry earned before the reform, in the times of state forestry enterprises. We send the lion’s share of profit to the state budget. These are funds for new weapons, ammunition, military salaries,” he noted.

According to the press service of the enterprise, for nine months “Forests of Ukraine” transferred to the state budget 4.7 billion UAH, which is 1.1 billion UAH more than last year. Hundreds of millions more hryvnias the enterprise invested in new equipment for the AFU.

“The record profit was achieved in a falling market. The situation in the timber market has not improved. Compared to last year, the average selling price of an impersonal cube of untreated wood fell from UAH 1.8 thousand to UAH 1.7 thousand. We also gave up our own processing – realization of sawn timber by branches of SE decreased from 2.8 to 2.1 billion UAH”, – explained Bolokhovets.

According to the head of the company, the profit of SE has increased due to detenization and increased efficiency of the state enterprise. The majority of purchases have been transferred to Prozorro, which allowed to eliminate gaps in timber sales related to direct contracts – products are sold at the established competitive market prices.

It is noted that customers are offered additional services, in particular, loading and customs clearance of products. The level of fulfillment of exchange contracts has increased to almost 90%. Services of contractors for harvesting and other works have been standardized, and boundary prices have been introduced.

In addition, the electronic accounting system was improved, which made it more difficult for illegal timber to enter the market, and the demand for legal products increased accordingly. Also, all non-purpose expenses of branches such as “paving stones” were reduced.

State Enterprise “Forests of Ukraine” standardized the staff of branches and reduced unnecessary administrative staff, as a result of which it replaced almost half of the branch managers.

The company has also decided and sells subsidized facilities through the State Property Fund.

“Really counteract fictitious works and services, which in the times of leskhozes were a common phenomenon. We have abandoned the use of expensive and inefficient financial instruments, which previously often led to the leaching of funds from state forestry enterprises – for example, the lease of equipment at unreasonable rates,” – summarized Bolokhovets.

As reported, the state specialized economic enterprise “Forests of Ukraine” is one of the largest forest users in Europe and the largest in Ukraine. It is under the management of the State Agency of Forest Resources of Ukraine. The company manages 6.6 million hectares of state forest lands.

Nova Posta plans to open in six more EU countries by the end of the year

Nova Posta Group plans to enter the market of six more European Union countries by the end of the year, opening its first branches there, Nova Posta co-owner Vyacheslav Klimov said at the Kiev International Economic Forum this week Vyacheslav Klimov at the Kiev International Economic Forum held this week.

“We have expansion going on. There are already eight countries. There will be six more by the end of this year,” Klimov said.

As the company’s press service specified to Interfax-Ukraine, Nova Post branches will appear in Latvia, Estonia, Hungary, Italy, France and Austria.

Klimov noted at the forum that two languages – local and Ukrainian – will be working in Nova Post branches abroad.

“We have made a firm decision that two languages will be spoken in Nova Post branches in Europe. It will be the local language and it will be the Ukrainian language,” said the co-owner of the company.

He also said at the forum that the company’s group allocates about 100 million hryvnias per month to the needs of the army. Klimov specified that 3249 employees of the company are currently in the AFU, and since the beginning of the full-scale invasion 99 colleagues have died.

As reported, Nova Post has already opened 62 branches in Poland, Lithuania, Czech Republic, Romania, Germany and Moldova.

In the network Nova Posta in Ukraine at the beginning of July 2023 included more than 10 thousand offices and more than 14 thousand post offices.

The Group includes Ukrainian and foreign companies, including Nova Posta, NP Logistics, NovaPay payment system and Nova Posta Global.

Germany to provide Ukraine with additional 200 million euros to support education and health care

Germany will provide Ukraine with an additional 200m euros to support education, the health care system and drinking water supply, as well as reconstruction of cities.

This was announced by the German government’s commissioner for Ukraine’s reconstruction, Jochen Flasbart, during his visit to Ukraine, Deutsche Welle (Deutsche Welle) reported citing DPA.

According to the Ministry of Economic Cooperation and Development in Berlin, Germany has allocated about 1.1 billion euros to support civilians since Russia’s full-scale invasion of Ukraine.

On October 20, Flasbart announced on social network X that he had arrived in Kiev together with German Federal Minister for the Environment Steffi Lemke.

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