Business news from Ukraine

Business news from Ukraine

All-Ukrainian Association of Bakers, Union “Mukomols of Ukraine” and “Ukrhlebprom” ask NABU to drop charges against Taras Vysotskyy

The All-Ukrainian Association of Bakers, the Union “Mukomols of Ukraine” and the Association of bakery enterprises “Ukrkhlebprom” appealed to law enforcement authorities and the National Anti-Corruption Bureau of Ukraine (NABU) with a request to stop the prosecution of the First Deputy Minister of Agrarian Policy and Food Taras Vysotsky and to drop charges against him for using his official position during the state procurement of products in March-April-2022.

“We convincingly ask the leadership of law enforcement agencies, primarily the NABU, to objectively consider all the circumstances and facts, make the right conclusions and stop the prosecution of one of the most decent and professional officials”, – stated in the available “Interfax-Ukraine” appeal of three business associations, uniting the majority of producers of bakery products, flour, cereals and pasta.

The business associations expressed surprise at Vysotskyy’s notification of suspicion of committing a criminal offense under part 2 of Article 364 of the Criminal Code of Ukraine (use of official position to obtain an unlawful benefit for a legal entity contrary to the interests of the service) and assured law enforcement agencies that in this case there was an unfortunate mistake.

“We, as producers of essential products, remember well those extra difficult times of the beginning of the full-scale war with the Russian invaders, which stood on the outskirts of the capital, when it was a question of survival and ensuring food security of the state. A huge role in this process was played by the leadership of the relevant ministry, and first of all by T.M. Vysotsky, because it was thanks to his honest and highly professional actions to manage and coordinate the activities of the industry that it was possible to avoid interruptions and abuses in the supply of food to the population and the AFU”, – said public organizations.

They called the accusations against Vysotskyy groundless and asked law enforcement agencies to carefully familiarize themselves with the position of the Ministry of Agrarian Policy and Food, which they fully share.

As reported, on 24 August, the National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAP) accused the first deputy minister of agrarian policy of Ukraine, Vysotskyy, of abusing 62.5m hryvnyas in the purchase of food products to meet the needs of the state during martial law.

The Ministry of Agrarian Policy published a statement specifying the accusation received by Vysotskyy. In March-April 2022, he allegedly coordinated invoices for regional military administrations (RMAs) for the purchase of imported durum wheat pasta from Olimp LLC and WinsideLight LLC at inflated prices, which caused damage to the state in the amount of UAH 63 million. The investigation indicates that the cost of pasta products as of March-May 2022 ranged from 33.65-36.89 UAH/kg.

“The investigation does not take into account that the State Statistics Service of Ukraine for the period of March-May 2022 provides prices for pasta from durum wheat varieties for 500 g, and the purchase of 1 kg was carried out, so the price exceeded 72 UAH/kg, which excludes damage”, – emphasized in the Ministry of Agrarian Policy and added that the said arithmetical error should be taken into account and corrected by the investigation.

In addition, the investigation was advised to take into account the existence of a public contract for the supply of food products and its terms and conditions, which were not determined by Vysotsky. The Ministry of Agrarian Policy was not a party to the contract, all contracts were agreed upon by the regional military administrations. Vysotsky, in turn, drew the attention of the OVA representatives to the need to conclude deals at the lowest possible prices.

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Share of U.S. dollar in international settlements rose to a record high due to a decline in the share of euro

The share of the U.S. dollar in international settlements within the SWIFT system rose to 46.5% in July from 39.4% a month earlier, according to the monthly RMB Tracker report released by SWIFT.

Bloomberg agency calls the dollar’s July performance a record high. Ten years ago, the currency accounted for just over a third of all settlement volume.

The U.S. dollar remains the leader in terms of share in international settlements. The second position is still occupied by the euro, whose share last month fell to a historically low 24.4% from 38.4%, the third – the pound sterling (7.6% in July against 6% a month earlier), the fourth – the yen (3.5% against 2.7%), the fifth – the yuan (3.1% against 2.2%).

In 2012, the single European currency held 46% of settlement volume. This is its peak figure.

Meanwhile, the share of the Chinese currency exceeded 3% for only the second time in the history of observations. In 2010, it was about 0.03%.

SAP and NABU exposed first deputy minister of agrarian policy in abuses

The Specialized Anti-Corruption Prosecutor’s Office (SAPO) and the National Anti-Corruption Bureau of Ukraine (NABU) have exposed the First Deputy Minister of Agrarian Policy of Ukraine and the former Deputy Minister of Economy of Ukraine for misuse of UAH 62.5 million in the purchase of food to meet the needs of the state during martial law.

As reported in the SAPO telegram channel on Thursday, the food was intended as humanitarian aid for the needs of eight regions of Ukraine, as well as the city of Kyiv.

As established during the pre-trial investigation, in March 2022, the First Deputy Minister of Agrarian Policy and Food implemented a scheme that provided for the purchase of products for the needs of regional military administrations at the expense of Ukrzaliznytsia JSC from a controlled company at prices 2-3 times higher than market prices. The price overstatement was due to the purchase of products from a foreign manufacturer (Poland) through a controlled intermediary company. As a result of this scheme, from March to August 2022, Ukrzaliznytsia suffered losses in the amount of UAH 28.8 million.

A similar scheme was used to purchase food products from a foreign producer in Turkey through a controlled spacer firm. To ensure the purchase of products, the scheme also involved the then acting Deputy Minister of Economy, who concealed data on the availability of more favorable offers from other market participants, including Ukrainian producers, and also induced officials of regional administrations to illegally approve applications and invoices for the purchase of products from the controlled company.

Due to the operation of the scheme from March to August 2022, Ukrzaliznytsia suffered damage of another UAH 33.7 million, according to the SAP and NABU. After receiving payment, the money was transferred to a foreign company with signs of fictitiousness for further legalization.

The above-mentioned officials have been announced on suspicion, their actions are qualified under part 2 of article 364 of the Criminal Code of Ukraine “Abuse of power or official position”

The post of First Deputy Minister of Agrarian Policy and Food has been held by Taras Vysotskyy since May 26, 2021.

Charity squash tournament Zenit Ukraine Open 2023 in Kyiv: results of the competition

On August 19-20, the capital’s SPORT LIFE fitness center became the main competition arena for squash fans from all over Ukraine and the world. The Zenit Ukraine Open 2023 charity tournament brought together more than 100 players who came from Kyiv, Lviv, Kharkiv, Dnipro, Khmelnytskyi, Poltava, Kherson and Odesa, as well as from France, the USA, Turkey and Moldova.

The participants competed in various categories ranging from Lady B to Men A. The winners in their categories were:

Lady B category:

Anetta Siganevich
Veronika Levkivska
Yulia Yakimova

Lady A category:

Daria Vlasenko
Tatiana Stanko
Veronika Usenko

Category Men D:

Roman Popov
Anton Babushko
Stepan Kobzev

Category Men C:

Anton Skaballanovich
Kirill Leonov
Araik Sargsyan

Category Men B:

Maxim Shumelda
Rostyslav Zavinskyi
Dmytro Baluta

Category Men A:

Nikita Panov
Ruslan Petrovych
Maxim Tokar

After the sports part, the winners were awarded at the Brugge restaurant, where a charity auction and a patriotic buffet were also held. The joint efforts of the participants and the host Andriy Dzhedzhula raised over UAH 100,000. These funds will be used to support squash players and the army.

The event could not have become so bright and successful without the support of partners and sponsors:

The main fitness partner “SPORT LIFE“;

The event was organized by the Ukrainian Squash Federation;

Information partner – Interfax Ukraine news agency, Open4Business;

Official sponsor – Experts Club;

Medical partner – Adonis chain of clinics;

Partner of the award ceremony – “VILLA TINTA”;

Prizes and gifts were presented by Sport Life, Reima and Tecnifibre;

The official water of the tournament is KRAINA;

Beer for participants and guests was provided by TERMO-PAB;

All tournament guests were accommodated at FAVOR HOTEL;

The award ceremony and party were held in partnership with the BRUGGE restaurant.

The tournament confirmed that charity and sport can go hand in hand, bringing joy and helping people.

Source https://interfax.com.ua/news/press-release/930405.html

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Fifth Cheese & Wine Festival was held in Uman

The festival was held at the Forest Club Sherwood hotel and restaurant complex. The event was attended by well-known Ukrainian wineries: TM My Wine, SHABO, BOLGRAD, Cotnar, Villa Tinta, and Vladyslav Zakrevsky’s winery. Also represented were Honey Badger liqueurs and tinctures, White Church Distillery, Osnova cheese factory, Zinka TM, Kozatski Kozyrni Syry, producers of meat chips and snacks Snacks by Bandera, and others.

Interesting lectures for visitors were held at the festivals. Visitors were introduced to the world of winemaking: Liudmyla Boiko, chief technologist of the Honey Badger family enterprise; Stepan and Olha Kutsipak, owners of the Snacks by Bandera brand; Natalia Blahopoluchna, president of the All-Ukrainian Association of Winemakers and Sommeliers, head of the first Ukrainian sommelier school “Master Class”; Bogdan Panchuk, brand ambassador of Leleka Wines; Eduard Gorodetsky, founder of Tiras Winery; Natalia Burlachenko, sommelier and brand ambassador of Vinos de la Luz; Vita Oliynyk, representative of Zinka TM. The event was also attended by Ricardo Fernandez Nunez, the owner of Vinos de la Luz group of companies.

In addition to wine lectures, visitors were able to attend a master class “How to open champagne with a glass or modern sabrage” by Mykola Blagopoluchny, head of the Master Class sommelier school and director of the All-Ukrainian Association of Winemakers and Sommeliers.

The highlight of the first day of the festival was a soulful concert by Ukrainian singer PIANOBOY.

On July 30, the festival hosted a roundtable discussion on the development of winemaking and viticulture in Ukraine during the war. The participants were Ihor Vishtak, Director of the Crop Production Department of the Ministry of Agrarian Policy and Food of Ukraine; Volodymyr Pechko, Head of the UKRSADVINPROM NGO; Iryna Kovaleva, Director of the V.E. Tairov Institute of Viticulture and Winemaking of the National Academy of Sciences of Ukraine; Maksym Urakin, founder of the Experts Club. Maxim Urakin, founder of the analytical center “Club of Experts”, publisher, marketing director of the Interfax-Ukraine news agency; Yegor Belov, chef-sommelier of the InterContinental Kyiv hotel, winner of the All-Ukrainian Sommelier Competition 2018; Dmytro Saprykin, brand ambassador of Alcoline and Oleg Antipin, brand ambassador of SHABO; Konstantin Tintulov, commercial director and co-owner of Vinhol Oksamytne LLC.

The roundtable was also attended by Dmytro Natalukha, a Ukrainian politician and public figure, Member of the Parliament of Ukraine of the IX convocation, lawyer, human rights activist, Chairman of the Committee on Economic Development in the Verkhovna Rada of Ukraine of the IX convocation. Member of the parliamentary faction of the Servant of the People political party. Deputy Member of the Permanent Delegation to the Parliamentary Assembly of the Council of Europe. Co-chair of the group on interparliamentary relations with the United Kingdom of Great Britain and Northern Ireland.

The roundtable ended with a pre-premiere screening of the movie Wounded Land. This is a documentary about the stories of Ukrainian winemakers who have suffered from Russian aggression. The film was directed and co-produced by Roman Zayats, the founder of the Heartland project.

The festival has a charitable component. Charity auctions and fundraisers were held for the needs of the Armed Forces of Ukraine. The event raised UAH 142,050! The main lot of the festival – a unique wine from Vinos de La Luz with a label of Ivan Marchuk’s painting – was sold for UAH 120 thousand. The funds raised were distributed as follows:

UAH 120,000 was donated for the treatment of cancer to Serhiy Kovalenko, a veteran of the Armed Forces of Ukraine and a well-known winemaker.
UAH 22050 was donated to the needs of the Armed Forces of Ukraine.

Consumer tasting was held during the two days of the event. Visitors of the event chose the best wine. Wines from TM My Wine won the Consumer Choice competition.

The event was organized by Focus event.

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Ukraine’s Minister of Agrarian Policy asked USAID to support biogas production projects

The issue of the need to support the processing industry, in particular biogas producers, was raised by Minister of Agrarian Policy and Food of Ukraine Mykola Solskiy at a meeting with Deputy Director of the USAID mission in Ukraine Theodora Dell, the press service of the Ministry of Agrarian Policy reported.

“The parties discussed the implementation of joint projects in the agricultural sector of Ukraine. The Minister thanked for the support of land reclamation reform, as a result of which farmers are actively creating new OICs, receive assistance in the restoration of irrigation systems. They also talked about the need for additional projects to support the processing industry, in particular biogas producers,” the report says.

According to Solsky, this promising industry should receive an additional impetus to more active development.
Dell, for her part, noted that the USAID mission has been supporting Ukraine since the first days of Russia’s full-scale invasion and will definitely continue to do so.