Business news from Ukraine

Business news from Ukraine

GlobalLogic plans to open mini-office in Odesa

Ukraine’s GlobalLogic, an IT company of the Hitachi Group, plans to open a mini-office in Odesa in a few days, which will be the company’s 11th mini-office in Ukraine, the company’s press service said on Friday.

“The specialists have shelter, stable communication, food and comfortable conditions for cooperation. According to their colleagues, they are happy to come to the mini-offices and meet each other live. This is especially important in these difficult times,” said Anna Shcherbakova, Vice President and COO of GlobalLogic.

It is specified that mini-offices are currently operating in Ivano-Frankivsk (2 offices), Vinnytsia, Rivne, Ternopil, Uzhhorod and Khmelnytskyi (opened last year), as well as in Chernivtsi, Poltava and Dnipro (opened in 2023).

It is noted that some of the mini-offices were closed during the summer season, but on the eve of winter, the company reopened additional hubs.

“As a result, more than 500 specialists who live in cities without permanent offices of the company have received stable access to electricity and the Internet,” GlobalLogic said in a statement.

In addition, the main offices in Lviv (2 locations) and Kyiv are operating in normal mode, and in Mykolaiv and Kharkiv – in a limited mode.

IT company GlobalLogic Ukraine is the largest software developer in Ukraine. It has offices and more than 6.5 thousand employees in Kyiv, Kharkiv, Lviv and Mykolaiv. GlobalLogic is headquartered in the Silicon Valley of the United States.

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Ukrzaliznytsia has sent more than 10 intermodal trains with agricultural goods to Polish ports

Ukrzaliznytsia (UZ) has sent more than 10 intermodal trains to the Polish ports of Gdansk and Gdynia, Valery Tkachev, deputy director of UZ’s commercial work department, said at a meeting with grain market participants on Thursday.

“The containers were mainly used to transport grain cargo and milling products. The transportation was carried out as part of the Intermodal Train service. Such trains follow a strict schedule and have convenient connections at the Ukrainian-Polish border,” he explained.

According to him, the trains departed from Odesa-Liski, Dnipro-Liski and Vinnytsia stations. The operator of the transportation through Ukraine was the Liski Transport Service Center branch of Ukrzaliznytsia, and UZ Cargo Poland in Poland.

UZ also said that it is considering launching the train from Kyiv as well as from other stations if the shipper orders the service regularly.

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Cabinet approves $1.2 bln to support social sector

The Cabinet of Ministers of Ukraine has approved attracting $1.2 billion from the International Bank for Reconstruction and Development (IBRD) to support the social sector, Prime Minister Denys Shmyhal said.

“Today we are making a decision that will allow us to attract $1.2 billion from the World Bank Group (IBRD) to support the social sector,” Shmyhal said at a government meeting on Friday.

According to him, these are funds under the guarantees of the Japanese government, which Ukraine will use for social protection of Ukrainian families and children, social protection of people with disabilities and other important social programs.

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Cabinet of Ministers has changed rules for receiving grants for horticulture, viticulture and greenhouses

The Cabinet of Ministers has amended the procedure for granting grants for the creation and development of horticulture, berry growing, viticulture, and greenhouse development.
According to Taras Melnychuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, on Telegram, the decision was made at a government meeting on Friday.
According to the report, the changes improve the mechanisms for supporting business entities operating in the relevant industries.
It is expected that the grant recipient will create jobs and employ full-time employees and pay them the mandatory minimum wage for such specialists.
In addition, the list of conditions for canceling decisions of the Ministry of Agrarian Policy has been expanded, in particular, in case the recipient unilaterally closes its bank account and in case of violation in the transfer of its entire share of co-financing within 30 days after the conclusion of the agreement.
The Cabinet of Ministers has clarified the number of employees required to provide grants for the establishment or development of greenhouse facilities and shortened the list of regions for almond planting.

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Bad weather in Ukraine left more than 0.3 mln consumers without power

Due to unfavorable weather conditions, 306,000 consumers were without power on Saturday morning, the Energy Ministry reported.
According to its release, a total of 1,045 settlements in 14 regions – Vinnytsia, Volyn, Dnipropetrovs’k, Zhytomyr, Zakarpattia, Ivano-Frankivsk, Kyiv, Lviv, Rivne, Sumy, Ternopil, Khmelnytsky, Chernivtsi, and Chernihiv – were without power.
According to the ministry, most of the consumers in Khmelnytsky region were cut off from power in 400 settlements.
Also, the 750 kV interconnection line with Hungary and 750 kV overhead power lines were out of service in the region.
“Restoration work is underway,” the Ministry of Energy said.
For its part, DTEK energy holding reported that its electricity distribution system operators in Kyiv, Kyiv and Donetsk regions have been switched to an enhanced mode since the night before due to the bad weather.
As reported with reference to DTEK Kyiv Regional Electricity Networks, in Kyiv region, as a result of bad weather, there were emergency power outages, almost 89 thousand families are left without electricity, most of them in Obukhiv, Fastiv and Bucha districts.

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Nova Poshta opens its first branch in Latvia

Nova Poshta Group has launched the first Nova Post branch in Latvia – in its capital Riga, the group’s press service said on Friday.

According to the company’s press release on Friday, the Nova Post branch in Riga, which is open seven days a week, allows customers to receive and send documents, parcels and cargo up to 100 kg to Ukraine.

The cost of delivery to Latvia from Ukraine is: UAH 250 for documents, as well as UAH 400, UAH 600 and UAH 1.2 thousand for parcels up to 2 kg, 10 kg and 30 kg, respectively. When sending a parcel from 30 to 100 kg, 40 UAH is paid for each kilogram.

It is noted that the delivery time from Ukraine to Latvia or vice versa is 5 days.

In addition, there is a courier call service in Latvia through the Nova Poshta app.

“You can call a courier through the website and mobile application. Delivery or pickup by courier from the address is an additional UAH 100 for shipments up to 30 kg or UAH 250 for every 100 kg,” the company said.

Nova Poshta has already opened 68 branches in Latvia, Estonia, Lithuania, Poland, the Czech Republic, Romania, Germany, Slovakia, and Moldova, and plans to open in Hungary, Italy, France, and Austria by the end of the year.

As of the beginning of July 2023, the Nova Poshta network in Ukraine included more than 10 thousand branches and more than 14 thousand post offices.

The group of companies includes Ukrainian and foreign companies, including Nova Poshta, NP Logistic, NovaPay payment system and Nova Poshta Global.

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