Business news from Ukraine

Business news from Ukraine

ENERGY MINISTRY DOES NOT CONSIDER ELECTRICITY IMPORTS FROM RUSSIA OR BELARUS

When calculating the updated electricity forecast balance, the Ministry of Energy of Ukraine does not consider the import of a resource from the Russian Federation and Belarus, First Deputy Energy Minister Yuriy Vlasenko has said.
“When calculating the forecast balance, we do not envisage the import of electricity from Russia and Belarus,” he said on the margins of the energy forum in Kyiv, organized by Energy club, on Wednesday.
At the same time, he drew attention to the fact that imports are prohibited until October 1, but are not considered in the future.
At the same time, Vlasenko said that a feature of this autumn-winter period will be the operation of the Integrated Power System, as well as Burshtyn TPP energy island in an isolated mode, providing for their disconnection from all power systems.
“We need to work this way for three days in winter and summer. As for winter, we are also working on it with Ukrenergo, when we will work in an isolated mode – in late January or early February,” Vlasenko said.

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POPULATION CENSUS IN UKRAINE TO TAKE PLACE IN 2 YEARS

The first All-Ukrainian census since 2001 is scheduled for 2023, MP Oleksiy Honcharenko said.

“The Budget Committee of the Verkhovna Rada has just approved the allocation of UAH 82,474,900 to prepare for the census of Ukraine in 2023,” Honcharenko wrote on a telegram channel on Wednesday.

According to the draft decision published by Honcharenko, the funds allocated from the budget will be spent on creating a service to identify respondents using a mobile phone number – to conduct an online round of the census, as well as technical training for the state statistics agency.

UKRAINE ADOPTS LAW ON SCIENCE PARKS

The Verkhovna Rada of Ukraine adopted at second reading law on amendments to certain Laws of Ukraine concerning the enhancement of the activity of science parks (bill No. 4236), which, in particular, grants the right to universities and scientific institutions to create science parks without the consent of the Education Ministry.
The law was supported by 321 MPs with the required 226 votes.
The law also provides for preferential rental conditions for premises for science parks (UAH 1 per one square meter).
According to it, students, graduate students, researchers and employees of universities and research institutions should be involved in work in such parks.
At the same time, science parks can provide services such as research and development work, financial and economic support of investment (innovation) projects, as well as services for professional communication and harmonization of terminology, development and implementation of marketing strategies.
According to the Education Ministry, there are 36 scientific parks registered in Ukraine, the founders of which are budget institutions, including universities and research institutions.
During the discussion, parliamentarians said that current science parks are not an effective tool for innovation. In particular, due to the complex and lengthy process of creation, as well as the vaguely expressed legal status.

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SWISS COMPANY PROVIDES KHARKIV WITH TRAM

Stadler (Switzerland) has provided Kharkiv with a modern three-section tram for operational tests, the press service of Kharkiv City Council reports with reference to Dmytro Lipovoy, the director of municipal enterprise Trolleybus Depot No. 2.
“The car is equipped with all the necessary systems for the movement and comfortable transportation of passengers. But first, we must conduct operational tests, that is, to familiarize the technical staff with the design features of the car, to understand how these trams are suitable for our tram tracks, how we can serve this equipment from the point of view of the capabilities of our depots,” he said.
He did not rule out that, based on the results of the tests, the issue of purchasing such trams will be considered.
“In fact, this is the first step in our cooperation, and what it will result in – we’ll see. Perhaps the issue of purchasing such cars will be considered,” Lipovoy said.
As reported, earlier in July the secretary of Kharkiv City Council, Ihor Terekhov, announced the need to update the tram fleet within 3-4 years.

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UKRAINE REDUCES EXPORT OF SUNFLOWER OIL

Exports of sunflower oil in the 2020/2021 marketing year (MY, September-August) decreased by 21% compared to the 2019/2020 MY, to 5.28 million tonnes, which amounted to 98.1% of the maximum volume agreed by the Ministry of Economy and the Ukroliyaprom association, such preliminary data are given on the website of the association.
According to the organization, the maximum export volumes of sunflower oil in the 2020/2021 MY are limited at 5.38 million tonnes. Thus, over the past MY, exporters could supply another 100,000 tonnes of this product to foreign markets, but did not take advantage of this opportunity.
Earlier it was reported that the Ministry of Economy in April 2021 signed a memorandum of understanding with exporters, limiting the export of sunflower oil in the 2020/2021 MY at 5.38 million tonnes to stabilize the domestic market, while previously the annual export was estimated at 5.52 million tonnes.
As an alternative to the memorandum, the Ministry of Economy proposed the introduction of quotas for the export of sunflower oil and meal, which was opposed by a number of Ukrainian specialized associations and public organizations, including Ukroliyaprom, the Ukrainian Grain Association, the Ukrainian Agrarian Confederation and the Ukrainian Agri Council.

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UKRAINE LEGALIZES VIRTUAL ASSETS

Bill No. 3637 on virtual assets was adopted by the Verkhovna Rada at the second reading on Wednesday, and it was supported by 276 MPs.
Deputy Prime Minister, Minister of Digital Transformation Mykhailo Fedorov said in Telegram that currently the daily turnover of virtual assets in Ukraine is UAH 1 billion, but all this is in the shadows. Thus, international exchanges are not able to enter Ukraine. Taxes are not paid on any transactions with virtual assets.
“Thanks to the [adopted] bill, this will be settled. Favorable conditions will be created that will allow companies to register in Ukraine, and not abroad. The budget will receive taxes, and entrepreneurs feel protected. Only a few countries in the world have legalized crypto assets – Germany, Luxembourg, and Singapore. Ukraine will be one of them,” he said.
“Now virtual assets have become an object of civil rights, an object of civil circulation. However, there is a lot of work ahead. During the year we must amend the Civil Code and, of course… the tax code, develop by-laws,” the head of the parliamentary committee on finance, tax and customs policy, Danylo Hetmantsev, said.

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