Business news from Ukraine

Business news from Ukraine

UKRAINIAN “ENERGOATOM” MAY INCREASE PURCHASES OF URANIUM FROM BRITISH COMPANY URENCO GROUP

Negotiations on a possible increase in purchases of uranium from the British Urenco Group were recently held with its responsible leaders by the head of the SE NNEGC Energoatom Petr Kotin, the company said on its Telegram channel on Monday.
“He (Kotin) said that any cooperation with the aggressor country, including the purchase of Russian uranium concentrate, is unacceptable for Ukraine, so Energoatom is ready to consider increasing purchases from Urenco,” the NAEK said.
Urenco Group specializes, in particular, in uranium enrichment (according to gas centrifuge technology), which is one of the technological cycles in the production of nuclear fuel for nuclear power plants. The company owns uranium enrichment facilities in Germany, the Netherlands, Great Britain and the USA and supplies fuel for nuclear power plants in 15 countries around the world with a global share of about 29% in the global market for uranium enrichment services.

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WATER PRODUCER VODA UA PLANS EXPORT EXPANSION TO OTHER COUNTRIES

Water producer Voda UA (Kyiv) plans to increase export supplies of Carpathian high-mountain waters under the trademarks Voda UA, Goryanka, Karpatska Vysokohirna due to a significant reduction in the domestic market caused by the military invasion of Ukraine by the aggressor country of the Russian Federation.

The owner and founder of the group of companies Dmytro Nikiforov told Interfax-Ukraine on Monday about the launch of the Support Ukraine, Buy Ukrainian project to promote Ukrainian brands abroad.

According to the data on the project website https://supportukrainianbusiness.com/, it was created to encourage Europeans to buy Ukrainian products to support Ukrainian business, which in turn helps the Ukrainian military, volunteers and civil organizations.

So, since the military invasion of Ukraine by the Russian Federation, Voda UA has already provided UAH 3.5 million worth of its products for the Armed Forces of Ukraine (APU), volunteer organizations, bomb shelters and other people in need.

“There can be no question of any business in Russia or with Russian business in any form,” Nikiforov said, pointing to the consequences of Russian aggression in Ukraine.

According to Nikiforov, now the Voda UA plant in Ivano-Frankivsk region is operating normally, while after the start of the war it experienced problems with logistics.

“Logistics was disrupted for just two weeks. Nobody wanted to go to Kyiv, and the invaders were right near Kyiv, and half the country was cut off for delivery. Now everything is working as usual. There are problems with consumables from suppliers. For example, the Hostomel glass factory, where our legendary bottle is produced suffered quite a lot,” Nikiforov said.

At the same time, the Voda UA office in Kyiv is closed, and its employees work remotely. The company continues to pay office employees 75% of the pre-war wage rate, including those who serve in the Armed Forces of Ukraine.

Voda UA is a group of companies engaged in the extraction of Carpathian high mountain waters under the trademarks Voda UA, Goryanka, Karpatska Vysokohirna. The owner of the group of companies is Dmytro Nikiforov.

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BITCOIN PRICE FELL BY 3%, ETHER (ETHER) IS BELOW $3000

The bitcoin rate on Monday fell to its lowest level in more than a month, ether (Ether) – below $ 3,000.
The pressure on the cryptocurrency market is exerted by the general risk aversion of investors, as well as signals of restrained demand from new investors, Bloomberg notes.
As of 1:45 p.m., the bitcoin rate retreated 3.05% to $39,058. Earlier in the session, it fell below $39,000.
The exchange rate of ether fell by 4.2% to $2916.6.
Technical analysis shows that despite bitcoin’s recent drop, the cryptocurrency is “not yet close to oversold levels” and the nearest support level of $35,000 is likely not to hold, said 22V Research analyst John Rock.
“We remain confident that bitcoin will drop to $30,000,” the expert says.
The cost of bitcoin has fallen by 5% over the past month, and by almost 16% since the beginning of the year.
The capitalization of the global cryptocurrency market, according to CoinGecko, has decreased by 4% over the past 24 hours, to $1.9 trillion.

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UKRAINE EXPANDS LIST OF CRITICAL IMPORTS

A number of transport services related to the transportation of goods were included by the Cabinet of Ministers of Ukraine into the list of critical import goods.
According to Government Decree No. 444 of April 12, 2022, published on the Uryadovy Portal, the list of critical imports included: cargo transportation by road vehicles and railway transport, sea and coastal freight transport services.
In addition, the list includes warehousing and storage services; services related to land and water transportation; cargo handling services, as well as other auxiliary transportation services.
As reported, after the start of Russia’s military aggression on February 24, the government on the same day, by decree No. 153, determined a list of critical import goods, for the purchase of which the National Bank of Ukraine allows buying foreign currency. Since then, the Cabinet of Ministers has made changes to this list more than 10 times.

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GROUP OF U.S. DEMOCRATIC LAWMAKERS TO VISIT POLAND, GERMANY, INDIA, NEPAL, UAE TO GARNER SUPPORT FOR UKRAINE

A group of U.S. Democratic lawmakers, including four senators and a member of the House of Representatives, will travel to Poland, India, Germany, Nepal and the United Arab Emirates to garner support for Ukraine.
“This strong congressional delegation will have the opportunity to meet with U.S. military leadership and troops in Poland in order to learn how the U.S. can continue to support Ukraine and our NATO allies against Russia’s unprovoked and unwarranted war,” the lawmakers said in a joint statement, according to The Hill.
“In addition, the delegation will meet with a number of key foreign leaders in Poland, UAE, India, Nepal, and Germany to strengthen ties during this period of heightened global tension,” the congressmen said.
Other senators making the trip with Kelly are Kirsten Gillibrand (D-N.Y.), Cory Booker (D-N.J.), Ed Markey (D-MA), along with Rep. Mondaire Jones (D-N.Y.), the lone House member.

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KYIVSTAR CANCELS INTERNET BILLING IN APPS FOR STUDYING ONLINE

The Kyivstar mobile network operator, on the initiative of the Ministry of Education and Science of Ukraine, cancels mobile Internet billing in popular video call applications for prepaid subscribers.
The press service of the operator said on Monday that in particular, megabytes will not be taken into account from the accounts of prepaid subscribers for using the following applications: Zoom, Microsoft Teams, Google Meet and Google Classroom.
“We will definitely win the war, but now we need to gradually return to a full life. Adaptation and support for children is perhaps the most important and responsible task not only for parents and teachers, but for the whole society. Therefore, Kyivstar immediately responded to the proposal of the Ministry of Education and Science make applications that will broadcast online lessons for free, so that learning, mastering a new specialty and working online are even more accessible to our customers,” Kyivstar’s B2C Director Tetiana Lukyniuk said.
The company also added that the Lets Learn without Borders! service is valid in most Kyivstar tariffs and allows using popular educational applications without additional billing. Among them are Wikipedia, Coursera, Prometheus, E-School, etc.
“Despite hostilities on the territory of Ukraine, educational institutions continue to provide training in regions where the security situation allows. In addition, a national Ukrainian timetable has been created, the National E-School is functioning, and Ukrainian TV channels broadcast lessons for grades 5-11 as part of the Lets Learn without Borders! service. To provide even better conditions for learning and working online, the Ministry of Education and Science initiated the free use of mobile applications through which access to the educational process is provided. I am grateful to all organizations and institutions for cooperation,” Minister of Education and Science Serhiy Shkarlet said.
According to the report, the Ministry of Education has applied to other mobile network operators with a similar request and is waiting for a positive decision.

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