Business news from Ukraine

Business news from Ukraine

ESTONIA, LATVIA AND LITHUANIA OPEN BORDERS FOR UKRAINIANS

Estonia, Latvia and Lithuania have opened borders for Ukrainians for all types of travel, according to the recommendation of the European Council, Ukrainian Foreign Minister Dmytro Kuleba has said.
“Estonia, Latvia, Lithuania have opened for all types of travel for Ukrainians, according to the recommendation of the EU Council. Visa-free weekend in the Baltic countries? Now it is possible again,” Kuleba said on his Twitter.

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AVERAGE MONTHLY WAGE BY REGION IN MAY 2021, UAH

AVERAGE MONTHLY WAGE BY REGION IN MAY 2021, UAH

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UKRAINE PLANS TO BUILD 25 INDUSTRIAL PARKS

The government intends to build 25 new industrial parks over the next three years, Minister for Communities and Territories Development Oleksiy Chernyshov has stated.
“Over the next three years, the Ukrainian government intends to build 25 new industrial parks, creating conditions and investing public funds in the creation of such facilities,” the minister said during the Ukraine 30. Labor Force forum.
He clarified that among the current 50 industrial parks, in fact, about ten are working.
Chernyshov recalled that two bills with amendments to the Tax and Customs Codes, containing fiscal incentives for industrial parks, have been registered in the parliament. The bills provide for the opportunity for participants in industrial parks to obtain exemption from the payment of import duties on equipment, import VAT on equipment and income tax for 10 years. It is also proposed to provide local authorities with the right to establish local tax exemptions for industrial parks and their residents.
“They will be adopted in the fall,” he said.
The minister also added that a bill on the restart of industrial parks is awaiting the second reading.
As reported, the Verkhovna Rada at first reading adopted bill No. 4416-1 on restarting industrial parks. It provides, in particular, compensation for industrial park residents for the share of investments from 15% to 70% of capital expenditures in the first three years, depending on the volume of the company’s exports, compensation from 30% to 70% of interest payments on the loan, depending on the volume of exports, and 50% compensation for the cost of connecting to the power grid.

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UAH 100 MLN TO BE INVESTED IN RECONSTRUCTION OF CENTRAL BUS STATION

Some UAH 100 million has been invested in the reconstruction of the Central Bus Station, Maksym Skliarenko, the director of Ukrpas, said in an exclusive interview with Interfax-Ukraine.
According to him, a food court, a shopping area, a pharmacy will be located on the first floor of the renovated Central Bus Station, and a food court, cash desks and a waiting area for passengers on the second floor.
“All tenants will go out for repairs after the completion of the reconstruction of the station itself. On the third floor there is already a hotel with three categories of rooms – from a hostel with a place for UAH 450 to superior rooms for UAH 1,500 per day,” Skliarenko said.
As reported, the State Property Fund of Ukraine in the spring of 2020 sold at an auction a state package in the amount of 99.9% of the charter capital of Kyivpasservice. The starting price of the lot was UAH 195.9 million. The winner of the auction was Bastion Group LLC with an offer of UAH 230.89 million.
Kyivpasservice includes the Central Bus Station, the bus stations Podil, Darnytsia, Polissia, Pivdenna, Dachna in Kyiv, as well as 18 bus stations in Kyiv region.
The condition for the privatization of Kyivpasservice is that the investor retains the activities of bus stations in Kyiv for at least five years, in Kyiv region – for at least 15 years.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JULY 20

Official rates of banking metals from national bank as of july 20

One troy ounce=31.10 grams

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 20/07/21

National bank of Ukraine’s official rates as of 20/07/21

Source: National Bank of Ukraine