The goal is to organize analytical discussions on the implementation of industrial investment projects, present a report on the prospects and mechanisms for creating new investment funds, and award investors who have started and are implementing projects after February 24, 2022.
The event will take place on December 1, 2023, at the UCCI and will bring together high-ranking government and business representatives.
The recovery and economic transformation of Ukraine depends on adequate funding for reconstruction projects and attracting private investment. Despite the significant challenges of today, Ukrainian and international companies continue to invest, create new jobs, support the country’s economy, and show the world an example of project implementation without waiting for the end of hostilities.
Participants will discuss the needs of business and the state in terms of industrial, energy-efficient equipment and materials, economic transformation, and factors of Ukraine’s investment attractiveness.
The event will include an award ceremony for companies investing in Ukraine after 02/24/22, public figures and media contributing to the development of Ukraine’s investment environment.
Time: 14:00-18:00
Among the speakers:
– Sergiy Tsivkach – Executive Director of UkraineInvest, the government office for attracting and supporting investments
– Volodymyr Kuzio – Deputy Minister of Economy of Ukraine
– Dmytro Kysylevsky – Member of Parliament of Ukraine, Deputy Chairman of the Committee on Economic Development of the Verkhovna Rada of Ukraine
– Hanna Zamazeyeva, Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine
Organizers: UkraineInvest, Government Office for Investment Promotion and Support, and the Ukrainian Chamber of Commerce and Industry
Program of the event
https://shorturl.at/gixO4
Media accreditation is required:
E-mail: nazarii.volianskyi@ukraineinvest.gov.ua; tel. +38063-023-11-93
Dmytro Kysylevsky, Hanna Zamazeyeva, Sergiy Tsivkach, UKRAINEINVEST, Ukrainian Chamber of Commerce and Industry, Volodymyr Kuzio
How has the full-scale war changed the top 10 Ukrainian wholesalers?
According to the Opendatabot Index, almost half of the top 10 most successful Ukrainian wholesalers are businesses that trade in solid, liquid, gaseous fuels and similar products.
The top 10 of the Index in the wholesale trade sector includes Okko, WOG, West Petrol Market (fuel) and DTEK Trading, which trades in energy products. The list also includes businesses that sell tobacco (Tedis Ukraine and Philip Morris Sales and Distribution). Only two companies on the list sell food: MHP (meat) and Kernel Trade (grain). The Index also includes Optima Pharm and Metinvest-SMC. Together, these businesses earned UAH 458.95 billion last year.
For the second year in a row, Kernel Trade, a part of Andriy Verevsky’s Kernel Group, has been the unchanging leader in wholesale trade. In 2022, the company’s revenue amounted to UAH 67.92 billion, down 21% compared to 2021 (UAH 85.79 billion).
OKKO (Vitaliy Antonov, Universal Investment Group – UIG) moved up to the 2nd position in the ranking with revenue of UAH 67.29 billion. The company’s earnings grew 1.6 times year-on-year in 2022.
Tedis Ukraine, a tobacco company owned by Borys Kaufman, rounds out the top 3. Last year, the company increased its revenue by 7% and earned UAH 64.95 billion. It is worth noting that at the same time, the revenue of another company in the Index that specializes in tobacco wholesale, Philip Morris Sales and Distribution (the Ukrainian branch of the international tobacco manufacturer Phillip Morris International), decreased by 15% in 2022.
Yuriy Kosyuk’s MHP ranks fourth in the Index. This company specializes in the wholesale of meat and meat products. Its revenue in 2022 amounted to UAH 46.73 billion and remained almost unchanged compared to 2021 (UAH 46 billion).
Andriy Gubsky’s Optima Farm took fifth place in the list. In 2022, the company’s revenues decreased by 4% to UAH 44.34 billion.
DTEK Trading, owned by Rinat Akhmetov, saw the largest revenue increase – 1.8 times over the year. The company’s revenue of UAH 36.68 billion allowed it to rise from 18th place in the 2021 ranking to 7th in the 2022 ranking.
But another Akhmetov company in the top 10, Metinvest-SMC, saw its revenues decline by 42% (2021 – UAH 51.39 billion, 2022 – UAH 29.86 billion),
Who did the full-scale war push out of the top 10 Ukrainian wholesalers?
It is worth noting that in 2022, the top 10 Ukrainian wholesalers underwent significant changes compared to 2021.
Last year, 2 companies specializing in energy trading dropped out of the list.
We are talking about United Energy, a company associated with Kolomoisky, which was the second largest earner in the country before the outbreak of full-scale war. Last year, United Energy earned 3.6 times less revenue than in 2021 (UAH 17.24 billion) and lost 19 rating points.
Chemical Trade (owned by Dmitry Firtash) also did not make it to the top. Having reduced its revenue by 1.4 times, the company dropped to the 12th position in the ranking.
Also, two businesses specializing in grain wholesale dropped out of the top ten:
– Nibulon (Andriy Vadatursky) and Nibulon (Andriy Vadatursky). The company’s revenues last year decreased 2.7 times by 2021, and a significant share of its facilities and equipment is still under occupation.
– ADM-Ukraine (a subsidiary of the international agro-industrial corporation Archer Daniels Midland Company): their revenue decreased by 1.5 times by 2021.
It is worth noting that the total revenue of the top 10 wholesale companies in 2022 decreased by 10% compared to the top 10 in 2021.
The OpenDataBot Index is an analytical tool for assessing the real situation and geography of Ukrainian business, based on data from state registers, OpenDataBot registers, financial statements of companies, information on relations with Russia, sanctions lists, and other analytical tools of OpenDataBot.
ADM-Ukraine, DTEK Trading, KERNEL-TRADE, Metinvest-SMC, MHP, NIBULON, OPTIMA-PHARM, Philip Morris Sales and Distribution, TEDIS UKRAINE, West Petrol Market, WOG, ОККО
Ukrzaliznytsia JSC (UZ) with support from the U.S. Agency for International Development (USAID) will develop a feasibility study (FS) of the euro track project that will connect Mostyska station on the Polish border to Sknylyv (a settlement in the suburbs of Lviv), the Ministry of Community Development, Territories and Infrastructure (MCDI) said on Friday.
The corresponding memorandum was signed by Deputy Prime Minister for Restoration Oleksandr Kubrakov, U.S. Ambassador Bridget Brink, from UZ – head of the board Eugene Lyashchenko and board member Vyacheslav Eremin.
It is indicated that further development of the 1435 mm wide section of the track will include its connection to Uzhgorod, Kovel, Chernivtsi, and at a later stage to Kiev and eastern Ukraine.
“The track will be used not only for freight, but also for passenger transportation in the direction of EU countries,” Kubrakov said.
He stressed that one of the important tasks to increase export capacity is to modernize and replace the tracks, and if necessary, to build new ones.
“The signing of the Memorandum with USAID will have a tangible impact on the recovery of the Ukrainian economy and contribute to the European integration processes in general,” the Deputy Prime Minister said.
Earlier, the head of the UZ board, Yevhen Lyashchenko, told the Interfax-Ukraine news agency that the design of the construction of the Euroway from the state border with Poland to Sknyliv will be completed by the end of this year. According to him, the implementation of this project will make it possible to organize communication by euro track from Lviv to Krakow, Prague and Vienna.
As reported, the construction of euro track in the direction Mostyska-Sknyliw was planned to begin in 2020. Also in 2020 the government included this project in the list of priority investment projects until 2023.
The railway station Sknyliw is located in Lviv at a distance of 5.5 km from the Lviv station, 3 km from Lviv airport and 1 km from the bus station.
BRIDGET BRINK, Eugene Lyashchenko, UKRZALIZNYTSIA, USAID, Вячеслав Еремин, Олександр Кубраков, УЗ
Due to the influence of an active cyclone, severe weather conditions of the second (orange) hazard level are expected in Ukraine, except for the western and eastern regions, the Ukrainian Weather Center warns.
“On November 26-27, 2023, there will be heavy snowfall in Kyiv, Chernihiv, Cherkasy, Odesa regions, heavy sleet and rain in Sumy, Poltava, Kirovohrad, Mykolaiv regions, and in some places ice; snow cover in these regions will increase by 20-30 cm, in some places 40-50 cm; blizzards, snow drifts, and ice on the roads are expected,” the Ukrainian Weather Center said in a statement on Thursday.
Significant rains are reportedly expected in Kharkiv, Dnipropetrovs’k, Kherson, Zaporizhzhia regions and Crimea.
In the northern, central, southern regions and Crimea, winds will increase to 17-22 m/s, in some places up to 25 m/s, in Odesa and Mykolaiv regions 25-30 m/s; in the western and eastern regions wind gusts of 15-20 m/s.
In the Black Sea, winds are expected to increase to 25-30 m/s; wave height 20-30 cm, during the day on November 26 and at night on November 27, wave height 30-50 cm.
“Difficult weather conditions will lead to complications in the work of utilities and energy companies in most regions of the country, suspension of ports on the seashore; disruption and suspension of traffic on the roads of Kyiv, Chernihiv, Sumy, Cherkasy, Poltava, Kirovohrad, Odesa and Mykolaiv regions (threat level II, orange),” Ukrainian forecasters said in a statement.
On November 22, the humanitarian movement UAnimals launched Animalism, an online charity shop aimed at drawing attention to the problems of animals during the war and raising money to save them. The store’s first collection, “Red Data Book”, is dedicated to species that may disappear due to Russian aggression and human negligence. 100% of the funds raised will be directed to UAnimals’ animal welfare activities.
– The Red Data Book collection is another way to remind us that not only many individual animals may die because of the war, but entire species may disappear. We have been talking about this constantly since the beginning of Russia’s full-scale invasion of Ukraine. In fact, for this purpose, UAnimals also launched an international information campaign #StopEcocideUkraine to inform about the consequences of the war for animals and nature in general. It is difficult to measure these consequences right now, if only because there is no access to the occupied territories, but these consequences are terrible and will be felt for decades to come and far beyond Ukraine,” says UAnimals founder Oleksandr Todorchuk.
You can get acquainted with the Red Book collection and place an order at https://animalism.shop. The Animalism by UAnimals store offers high-quality and comfortable items from local producers. For example, sweatshirts, T-shirts, whistles, scarves, blankets, and other items depicting the speckled owl, black stork, common polecat, Eurasian lynx, and other rare animals.
Since the beginning of the full-scale invasion, UAnimals has been saving animals from the war in Ukraine by supporting shelters and volunteers, sending food and medicine to animals, as well as sterilizing and evacuating stray animals from the frontline regions. Thousands of the animals we help have suffered directly from the war and the actions of the Russian army: they have been injured by shrapnel, hit mines, etc. UAnimals rescues animals of all kinds – domestic, pets, wild – regardless of their size, color, breed, or other characteristics. The organization is guided by the belief that every life matters.
The National Agency for the Prevention of Corruption (NAPC) has put German building materials manufacturer Knauf on the list of international war sponsors due to its continued business activities in the Russian Federation. “Only for 2022, one of the world’s largest manufacturers of building materials Knauf will pay about $117 million to the budget of the terrorist country rf. In addition, the German company actively promotes mobilization in russia, sending its employees to the war against Ukraine,” – stated in the message NAPC.
According to its data, Knauf is the largest German investor in the construction sector of the Russian Federation – there the company is represented by a dozen subsidiaries, and also has 20 factories, six training and 29 resource centers in the system of secondary vocational education. In addition, on the territory of one of the production facilities Knauf in Tatarstan organized the Russian production of UAV Shahed-136, the report notes.
As noted by the NAPC, according to the German media, the Russian managers of the Knauf plant in Krasnogorsk near Moscow coordinated with the authorities lists of mobilization.
In addition, the management of Knauf is closely connected by diplomatic relations with representatives of the political regime of the Russian Federation, points out the NAPC. Thus, the co-owner of the company Nikolaus Wilhelm Knauf 23 years until March 2022 had the status of Honorary Consul of the Russian Federation with representation in Nuremberg. Despite the fact that Knauf left this post after the start of the full-scale invasion, the company stated its intention to continue working in the Russian Federation.
Knauf also takes part in construction exhibitions in RF, and has organized its own Russian-made construction technology festival.
“Specialists from Knauf continue to build cities to the aggressor country. This contrasts particularly cynically with the thousands of destroyed residential houses in Ukraine by the aggressor’s army, which is financed, among other things, from Knauf’s taxes,” the NAPC notes.
Knauf, NAPC, National Agency for the Prevention of Corruption
