Business news from Ukraine

Business news from Ukraine

BUSINESSMAN VASYL KHMELNYTSKY: WE CONTINUE TO WORK, CREATE VALUE AND INVEST IN UKRAINE

The owner of the UFuture group, businessman Vasyl Khmelnitsky, has said that he and his family have no plans to leave Ukraine and go abroad, and expressed confidence that there will be no full-scale war and its threats are not justified.
“Me and my whole family (mother, wife, children and grandchildren) stay in Ukraine. We continue to live our usual lives and do not plan to go abroad. My whole team also remains in the country. We continue to work, create value and invest in Ukraine,” Khmelnytsky wrote on his Facebook page on Tuesday.
He said that he speaks exclusively as an entrepreneur, and his position is based on an understanding of many internal and external processes.
“But these are political processes, and I don’t want to discuss them publicly,” he said.
Khmelnytsky expressed the opinion that today, the most real threat that paralyzes all processes is panic.
“What can we do now to at least slightly stabilize the situation: 1. Continue to work effectively and live a familiar full life. 2. Maintain critical thinking, common sense and a cool head,” the businessman said.
“Whatever storms occur in the country and the world, I will leave my ship last,” he added.
A day earlier, a similar public post was posted by Andriy Stavnitser, co-owner of the TIS terminal group and the towing company P&O Maritime Ukraine, calling for “constructive calm activity.”
“We can’t let this crisis go to waste, it should make us stronger… I don’t believe in a full-fledged invasion, but I better be ready,” the businessman wrote.
UFuture is a holding company that brings together Khmelnytsky’s business and social projects. It has a diversified portfolio of assets in real estate, infrastructure, industry, renewable energy, pharmaceuticals and IT. The value of UFuture’s assets is estimated at $500 million. The total capitalization of the businesses in which it has invested is up to $1 billion.

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OLYMPIAD “BALATECH” CALLS FOR 50,000 STUDENTS TO LEARN PROGRAMMING

The International Programming Olympiad “BalaTech” for schoolchildren will be held on February 19, 2022 in an online format. Estimated 50,000 schoolchildren from the CIS countries will take part in the event and compete for a prize fund of $10,000 USD in the form of:

  • Laptops;
  • Smartphones;
  • 1,000 pounds discount in studying in the United Kingdom;
  • 1000 Euro discount for studying in Germany;
  • 2000 USD dollars discount on studying at American universities;
  • Testing for free education in Italy;
  • 50% discount on studying in Malaysian universities;
  • 10% discounts on studying at a Malaysian university.

REGISTER now on BalaTech (www.balatech.org), and/or share this wonderful opportunity with your network. More activities can be followed on Instagram by hashtags: #Balatech #UNDP #AcceleratorLab

United Nations Development Program is the official general partner, who is committed to providing accessible and inclusive digital education for the next generation to be ready for the future works! And “BalaTech” is recognized by the UNDP “Digital x Scale Accelerator” as one of the ten most impactful digital solutions in 2021, with the generous support from the Government of Japan. Thanks to UNDP, BalaTech provides all learning contents and participation at the Olympiad 2022 for FREE for all children and youth.

“BalaTech” ( www.balatech.org ) is a multilingual educational platform for children and youngsters to learn programming in an interactive way among peers. BalaTech makes learning experience fun and engaging through gamification. There are 10 learning modules with 175 challenge-based tasks that users can learn and play for FREE. For completed tasks, users receive their points to unlock the next level game with diverse virtual settings where they continue their learning adventure. With the help of UNDP “Digital X”, BalaTech has enhanced the user’s experience with a better UX design and learning algorithms. Moreover, the platform is designed to be gender sensitive to encourage more girls in learning programming. Anyone with a smartphone (not necessarily laptops) equipped with low-gadget basic internet can access the platform to learn and play from the beginning level. No prerequisite programming knowledge is required. Annually, BalaTech organizes the Olympiad to popularize programming learning among school students. The following entails the criteria and key messages of “BalaTech Olympiad” in 2022:

  • Participants: Students of grades 5-11;
  • Total estimated number of participants: 50,000 people;
  • Participating countries: Commonwealth of Independent States (CIS) – Republic of Azerbaijan, Republic of Armenia, Republic of Belarus, Kyrgyz Republic, Republic of Kazakhstan, Republic of Moldova, Russian Federation, Republic of Tajikistan, Republic of Uzbekistan, Ukraine and others.
  • Categorization of age groups: Junior group from 5 to 7 grades, Medium group from 8 to 9 grades, and the Senior group from 10 to 11 grades;
  • The winners are awarded with Gold, Silver, and Bronze prizes in each age groups;
  • The prize fund of the Olympiad is worth $ 10,000 USD (these are laptops, smartphones, discounts in international universities);
  • FREE learning content (10 learning modules with 175 general tasks and 137 additional difficult tasks) to get ready for the Olympiad;
  • FREE participation at the Olympiad.

* For any inquiries on partnership opportunities on BalaTech, please contact: +996 550984747,  tech.balatech@gmail.com. For UNDP partnership on digital innovation, please contact the Head of Experimentation at Accelerator Lab UNDP Kyrgyzstan, Jenny Jenish kyzy (Ensi Tszie) at ensi.tszie@undp.org

References:

Meet Digital X’s 10 ambitious new teams | Digital UNDP

Accelerating inclusiveness of digital education through a gamified mobile app with Digital X | UNDP in Kyrgyz Republic

Open4business – information partner

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UKRAINIAN CORUM ENTERS LITHUANIAN MARKET

The machine building company Corum Group (DTEK Energy) has signed the first contract in the Lithuanian market for the supply of spare parts for Lithuanian Railways, Corum’s press service reports. “As part of the 2030 strategy and plans to diversify the product portfolio, Corum Group entered the Lithuanian market, expanding its presence in the EU market. The contract provides for the supply of two sets of 137 items for the manufacture of the body of railway freight cars,” the press release says.
The cost of the contract is not disclosed, shipment of products is planned in the spring of this year. The order will be fulfilled by Corum Druzhkivka Machine Building Plant (Donetsk region).
“The won tender confirms our high expertise in mechanical engineering. This contract opens up a new, extremely demanding market for us. The manufacture of such products also opens up the prospect of working for Corum Group in the Ukrainian market in the direction of supplying components and spare parts for railway transport,” CEO of Corum Group Mykhailo Potapov said.
Corum Group is a leading manufacturer of mining equipment in Ukraine, part of the energy company DTEK Energy. It unites the machine building enterprises Corum Svitlo Shakhtaria, Corum Druzhkivka Machine Building Plant, Corum Shakhtspetsbud and Corum Repair, as well as foreign trading companies and representative offices.

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FIVE COUNTRIES PLAN TO CREATE FUND TO HELP UKRAINE WITH FINANCING OF GBP 35 MLN OVER THREE YEARS

Great Britain, Canada, Sweden, Switzerland and the United States are planning to create a fund at the end of January 2022 to help Ukraine with financing of GBP 35 million over three years.
“We are talking about the creation of an international fund ‘Partnership for a Strong Ukraine.’ This is a common initiative of Great Britain, Canada, the United States, Switzerland and Sweden. The official start of the work of the fund is planned this month. The agreement is to be signed on January 31,” the Ministry for Reintegration of the Temporarily Occupied Territories of Ukraine press service said.
The goal of the fund is to support long-term sustainable development and increase the resilience of the communities affected by Russian aggression, prevent further escalation and prepare for a smooth and unhindered social, economic and political reintegration of the temporarily occupied territories.
According to the statement, the main projects to be implemented in 2022 with the help of the Fund will be: projects on energy efficiency, strengthening and viability of communities.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 25/01/22

National bank of Ukraine’s official rates as of 25/01/22

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JANUARY 25

Official rates of banking metals from national bank as of January 25

One troy ounce=31.10 grams

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