Business news from Ukraine

Business news from Ukraine

PANDORA PAPERS’ LEAK AFFECTS 1,500 UKRAINIANS – MEDIA

Information about over 1,500 Ukrainians, including President Volodymyr Zelensky and his colleagues from previous work, Culture Minister Oleksandr Tkachenko, businessmen Oleksandr Yaroslavsky, Ihor Voronin and Rinat Akhmetov, former owners of PrivatBank Ihor Kolomoisky and Hennadiy Boholiubov, MP Oleksandr Hereha is mentioned in the Pandora Papers new global leak of offshore documents, the Slidstvo.Info publication said.
“There were also Ukrainian oligarchs, former and current officials, deputies and even sports and pop stars in the documents. In total, there are over 1,500 Ukrainians in Pandora Papers,” Slidstvo.Info said, which along with over 600 journalists from 117 countries of the world, members of the International Consortium of Investigative Journalists (ICIJ), worked on the Pandora Papers project.
According to the data, in particular, the offshore companies of Zelensky and his team have allegedly received $40 million from offshore companies associated with Kolomoisky since 2012, when the Kvartal 95 studio started cooperating with the businessman’s 1 + 1 television channel. “Along with Zelensky, Head of the State Security Service of Ukraine Ivan Bakanov, as well as First Assistant to the president Serhiy Shefir, appear in the offshore papers,” the investigators said.
It is indicated that before being elected president in 2019, Zelensky transferred his share in the offshore company to Shefir.
Much of Slidstvo.Info’s information is devoted to buying real estate in the UK through offshore companies. In particular, the daughter of former head of the presidential administration Borys Lozhkin and the daughter of former head of the Central Election Commission Serhiy Kivalov, as well as Yaroslavsky, Voronov and Boholiubov are also mentioned. However, Lozhkin denied any violations in this purchase, specifying that he had given a loan to his daughter, which he hopes to return within ten years.
After all, within the Pandora Papers project, over 680 previously anonymous owners of more than 1,500 real estate facilities in the UK were identified, including more than ten Ukrainians.
Culture Minister Tkachenko was mentioned due to the purchase of a stake in Odesa Film Studio, in respect of which he has repeatedly denied accusations of any violations.
In the case of Akhmetov, the material provides information on the rather urgent purchase of a business jet through an offshore company. However, the businessman’s SCM spokesperson noted the absence of any accusations or investigations against any of its companies in the British Virgin Islands.
Hereha, who founded the Epicenter hypermarket chain, also rejected the suspicions put forward in the article of an alleged attitude towards the trade in building materials in Crimea after its occupation by Russia.

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UKRAINIAN MEDICAL COMPANY ADONIS STARTS DEVELOPMENT OF ITS FRANCHISE NETWORK

The medical company Adonis has begun implementing a strategy for the development of its franchise network.
General Director of the company Vitaliy Hyrin told Interfax-Ukraine that the strategy is being implemented in two formats – a medical center and points for collection of laboratory tests.

“We have two options: a small medical center with an outpatient appointment, or a collection point – a manipulation room. They will work under our Adonis brand and comply with all the rules and requirements of corporate culture. At the same time, we will control our franchisees,” he said.
According to Hyrin, Adons has already attracted three franchise partners to open a large medical center with surgery and two collection points. By the end of the year, it is planned to open up to ten collection points in different regions of the country.
Answering the question of who can be the Adonis franchisee, Hyrin said that it can be “both people from medicine, as well as people from outside the healthcare sector, whom we are ready to accompany and to help.”
“Among our potential franchisees may be medical workers, for example, a doctor who wants to open his office, or a medical facility. We are ready to help at any stage, from obtaining a license to supporting operational activities. Also, our franchisees can be owners of premises who want to develop a medical business in them. In this case, we are ready to help with all medical issues. The only condition: our partner must understand that he will be engaged in the development of his business, this is not about making passive investments,” he said.
Adonis is a network of private full-cycle medical centers for adults and children.
The private clinic Adonis was established over 20 years ago. Its network includes ten branches in Kyiv and the region, including two of its own maternity hospitals and a stem cell laboratory. In the branches of the clinic, doctors conduct appointments in 60 medical directions.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 04/10/21

National bank of Ukraine’s official rates as of 04/10/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF OCTOBER 04

Official rates of banking metals from national bank as of October 04

Source: Central Bank

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CHINESE COMPANY TO SUPPLY WIND TURBINES TO UKRAINIAN WIND FARMS

The Chinese manufacturer of wind turbines Xinjiang Goldwind Technology Co., Ltd has signed contracts for the supply of wind turbines for two projects in Ukraine with a total capacity of 625.5 MW – Zophia wind farm with a capacity of 337.5 MW and Ochakiv (Yuzhnoukrainsk wind farm) with a capacity of 288 MW, according to the company’s website. “Two projects include 75 wind turbines on the GW155 platform with a capacity of 4.5 MW and 60 turbines with a capacity of 4.8 MW,” the company said.
The annual production of electricity from the two wind farms is estimated at 2.2 TWh enough to power 1.1 million households and will reduce carbon dioxide emissions by approximately 1.7 million tonnes per year.
According to the calculations of the Chinese company, which entered the Ukrainian market in 2019, after the completion of the transaction, Goldwind’s market share in Ukraine is expected to exceed 20%. The projects are scheduled to be completed by the end of 2022.
The company said that the projects will further consolidate Goldwind’s leading position in the global market.
According to the Windpower Monthly website, Goldwind will also service the Zophia turbines for 25 years, and the Yuzhnoukrainsk WPP for two years.
This summer, the Norwegian company Emergy (formerly NBT) announced its intention to install 75 Goldwind GW155 wind turbines with a capacity of 4.5 MW in the first two phases of the Zophia wind farm in Zaporizhia region. The wind farm is located about 25 km south-west of Melitopol, Zaporizhia region, near the Sea of Azov, and covers an area of about 39 km from north to south.
The Ochakiv wind farm belongs to Yuzhnoukrainsk wind farm LLC, registered in 2007 in Ochakiv district of Mykolaiv region. According to open data, the Chinese company Longyuan Power Overseas Investment Co. Ltd. (51%) and Hong Kong-based Hiro Asia Investment Limited (49%), which changed owners from the United States and the U.K., have been its owners since the end of June this year. The charter capital of the LLC is UAH 44,000. The company is headed by Yevhen Husev.
The Yuzhnoukrainsk wind farm, the capacity of which according to the project is indicated as 300 MW, will be located on the territory of Parutyne and Ostrovske village councils outside the settlements. The feasibility study of the wind farm was developed by IKNET.

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UKRAINE SEES DECLINE IN CORONAVIRUS MORBIDITY LEVEL

Ukraine has registered 4,821 new cases of COVID-19, as well as 1,116 recoveries and 114 deaths in the past 24 hours, the Ukrainian Health Ministry’s press service said in a statement on Monday. “Ukraine recorded 4,821 new cases of COVID-19, including 448 children and 50 medical workers, over the past day, October 3, 2021. In the past 24 hours, 2,092 persons were hospitalized, 114 died, and 1,116 recovered,” the ministry said on Telegram.
Since the beginning of the pandemic, Ukraine has seen a total of 2,460,010 coronavirus infections, including 2,264,523 recoveries and 56,889 deaths.

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