Business news from Ukraine

Business news from Ukraine

FRENCH CHAIN OF SPORTS STORES DECATHLON RESUMES WORK IN UKRAINE

The French chain of sports stores Decathlon has resumed work in Ukraine, a website and a store in Retail Park Petrivka are functioning, the retailer said on its official Facebook page.
Orders on the site are reportedly processed from 10:00 to 18:00. The store is open daily from 10:00 to 19:00.
The company said that they are gradually planning to open other stores of the chain.
Decathlon is known as the world’s leading sports retailer, specializing in the design, manufacture and retail of sports goods for over 70 sports.
The first Decathlon store in Ukraine was opened in March 2019 in Kyiv. There are three stores in the Ukrainian capital, as well as one in Odesa. In addition, Decathlon products are available for order in the online store.

,

KYIVSTAR MOBILE OPERATOR PROVIDES 1,000 BOMB SHELTERS IN UKRAINE WITH FREE INTERNET

By now, the mobile operator Kyivstar has provided 1,000 bomb shelters all over Ukraine with free home internet.
According to the press service of the company on Thursday, Kyiv, Zhytomyr, Rivne, Lviv, Dnipro, Obukhov, Khmelnitsky, Belgorod-Dnestrovsky, Chernivtsi, Zaporozhye, Lutsk, Nikolaev and others receive this service from the operator.
Every day, the company connects an average of 15 new locations and accepts applications for connection.
According to the operator, in order to apply for connecting a bomb shelter to the Internet, you need to send a request to the email address wifi@kyivstar.net, indicating your contacts and connection address. Within a few days, a technician will provide feedback on connectivity and the required time to complete the request.
Kyivstar notes that today, since the beginning of the war, the company has already provided subscribers with free services worth more than UAH 400 million. In addition, she transferred more than UAH 30 million in charitable assistance for the humanitarian needs of the military, hospitals, the elderly and those affected by the war.

, ,

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF MAY 05

Official rates of banking metals from national bank as of May 05

One troy ounce=31.10 grams

,

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 05/05/22

National bank of Ukraine’s official rates as of 05/05/22


Source: National Bank of Ukraine

MICHEL CONVINCED ALL EU COUNTRIES TO SUPPORT SIXTH PACKAGE OF SANCTIONS AGAINST RUSSIA WITH OIL EMBARGO

The proposal of the European Commission regarding the sixth package of sanctions with an oil embargo on Russia because of the war it unleashed against Ukraine will be supported by all member states of the European Union, European Council President Charles Michel has said with confidence.

“I can assure you that I’m working very hard with my team and with my colleagues in order to make sure that we will be able in very short term to take united position on the proposal putted on the table by the Commission,” he said in an exclusive interview with the Interfax-Ukraine.

Michel recalled that “systematically in the past there were some concerns that we would not be able to be united.” “We were systematically able to adopt united position. And, of course, it required some negotiations, talks, decision. We need the support of the 27 governments. A few weeks ago I said publicly in the European Parliament that sooner or later oil and gas would be part of the sanctions. This is an important step… This is Commission which makes a proposal but these are the governments, this is Council which takes a decision,” the President of the European Council said.

, , , ,

UKRAINE, UK FORMALIZE ABOLITION OF IMPORT DUTIES, TARIFF QUOTAS IN BILATERAL TRADE

Ukraine and the UK have legally secured the abolition of import duties and tariff quotas in bilateral trade by signing a relevant agreement, the Ministry of Economy of Ukraine reported on Wednesday.
“The agreement will be valid for 12 months, but can be extended by agreement between the parties for a new period,” the release states.
According to it, now Ukrainian producers can export more products to the British market. First of all, we are talking about flour, grain, dairy products, poultry meat and semi-finished products, tomato paste, honey, corn, wheat, juices, mushrooms, and sugar – these are the goods Ukraine traditionally exports to the UK.
The Ministry of Economy noted that in 2021, the trade turnover between Ukraine and the UK increased by almost 57%, to $2.2 billion, with exports especially intensified (up by 62%), exceeding $1 billion.
The ministry recalled that the European Union also recently announced its intention to cancel the collection of all import duties on Ukrainian goods for a year.

, , , ,