Business news from Ukraine

Business news from Ukraine

Taxes accounted for 40% of GDP in European Union in 2023

The total ratio of taxes and social contributions to GDP in the European Union in 2023 was 40%, down from 40.7% in the previous year, according to the EU Statistical Office.

In the euro area, this figure also decreased to 40.6% last year, compared to 41.4% in 2022.

In absolute terms, in 2023, revenues from taxes and social contributions in the EU increased by €308 billion to €6.883 trillion.

The tax-to-GDP ratio varies significantly by country, with the highest shares recorded in France (45.6%), Belgium (44.8%), and Denmark (44.1%). The lowest rates are in Ireland (22.7%), Romania (27.0%), and Malta (27.1%).

Last year, 11 EU countries saw an increase in the indicator, with the most significant growth in Cyprus (to 38.8% from 35.9% in 2022) and Luxembourg (to 42.8% from 40.2%). In 12 countries, a decrease was recorded, the most significant in Greece (to 40.7% from 42.8%) and France (to 45.6% from 47.6%).

http://relocation.com.ua/podatky-stanovyly-40-vvp-v-ievropejskomu-soiuzi-v-2023-rotsi/

 

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Olympic champion Olga Harlan became face of Veranda na Dnіpі restaurant’s advertising campaign

The famous Kyiv restaurant Veranda na Dnipre is proud to present the new face of its advertising campaign – Olympic champion and talented Ukrainian fencer Olga Harlan.

“We are pleased to collaborate with this inspirational personality, who is a symbol of modern patriotism and national pride with her achievements and love for Ukraine,” – comments Tatiana Avramenko, the restaurant’s managing partner.

“Olga Harlan is not only an example for the younger generation, but also a symbol of beauty, strength and dedication to sports. As an active supporter of a healthy lifestyle, Olga perfectly embodies the values that underlie the restaurant’s concept – love for quality food, nature and health. Her perseverance, determination and ability to conquer the world’s peaks are admirable, as she demonstrates Ukrainian strength and talent on the international stage.

“Veranda na Dnipro is a place for meetings and inspiration, so it is a real honor not only for the restaurant but also for its guests to work with Olga, a person who embodies the future of Ukraine. Her bright career and patriotism inspire millions of Ukrainians every day, and the partnership with such an outstanding personality is a confirmation of the common values of the restaurant and the athlete.

“We are happy to share her success and believe that this cooperation will inspire many Ukrainians to choose a healthy lifestyle and be proud of their roots,” adds Tatiana Avramenko.

The three-deck Veranda na Dnipro restaurant, which prides itself on its diverse menu of 12 cuisines, organic products, and the largest wine list in Ukraine, invites everyone to experience the hospitality and atmosphere of a place created with love for Ukraine and for Ukrainians together with its new ambassador, Olga Harlan.

Olga Harlan

Instagram: https://www.instagram.com/olgakharlan/

“Veranda on the Dnipro”

Address: Naberezhne Shosse, 11A

Phone: +380 68 400 9898

Website: https://veranda.ua/

Instagram: https://www.instagram.com/veranda.on.the.river/

Source : https://lenta.ua/olga-harlan-stala-oblichchyam-reklamnoyi-kampaniyi-restoranu-veranda-na-dnipri-166699/

VI International TyphloForum “Development, Education and Rehabilitation of People with Visual Impairments: Current Challenges and Innovations”

The VI International TyphloForum “Development, Education and Rehabilitation of People with Visual Impairments: Current Challenges and Innovations” is an event that will bring together representatives of educational and rehabilitation centers, scientists, typhlopedagogues, specialists of special educational institutions, rehabilitation specialists, NGOs, charitable foundations and everyone who works with children and adults with visual impairments.

It is a platform for discussing current needs, sharing experiences and innovative tools for the rehabilitation, adaptation and socialization of adults and children, military and civilians who have lost their sight as a result of military operations in Ukraine.

November 12, 2024

Location: Kyiv National University of Construction and Architecture

Address: 31, Air Force Avenue, Kyiv, Ukraine

Forum program:

Training, rehabilitation, adaptation of military personnel who have suffered visual impairment as a result of hostilities.
Psychological and pedagogical support and assistance for children with visual impairments and their parents.
Assistive technologies and innovations for people with visual impairments.
Leisure and employment of visually impaired people in Ukraine: problems and prospects.

November 13, 2024

Location: Educational and rehabilitation center “Trinity Hub”

Address: 25 Kyoto Street, Kyiv, Ukraine

Forum program:

Activation of opportunities: challenges and innovations in the education and rehabilitation of people with visual impairments in Ukraine and the world.
Innovative approaches to working with children with visual impairments.
Educational strategies for children with visual impairments in the context of today’s challenges.
Strategic directions of development of the NGO “Association of Typhlopedagogues of Ukraine”.

Round table “Experience and innovations in the rehabilitation of people with visual impairments”:

Discussion of the experience of problems, achievements and innovations in the rehabilitation of civilians and military with visual impairment;
presentation of didactic tools in this area;
Presentation of the “Primer for Adults” project – a book and didactic material in a universal design that combines Braille and flat-printed enlarged font.
Forum organizers: Association of Action Psychologists of Ukraine; Kyiv National University of Construction and Architecture; Trinity Hub Educational and Rehabilitation Center; International Charitable Foundation “Health of the Future”.

Partners:

Ukrainian Association of Typhlopedagogues of Ukraine
Faculty of Special and Inclusive Education of the Mykhailo Drahomanov Ukrainian State University
Department of Psychology of the Educational and Research Institute of Law and Psychology of the National Academy of Internal Affairs of Ukraine
Veteran Cluster of Ukraine
Institute of Reintegration, Rehabilitation and Professional Development of Veterans “Architecture of Resilience” of KNUBA

Application for participation – https://docs.google.com/file/d/1VxgTpCWsaVwrA_8fuquQtr5UmE7Q69f4/edit?usp=docslist_api&filetype=msword

Charitable contribution from participants

Expo zone with innovative products

Collection of abstracts and reports

Organizing committee: 066 252 82 77 Antony

Jubilee 10th Kyiv International Economic Forum 2024 took place in Kyiv

On November 7, the 10th Kyiv International Economic Forum was held in Kyiv. The main theme of the Forum was “The Power of Challenge. What will shape the future of Ukraine and the world?”.

This year’s event was attended by over 1000 guests. More than 100 speakers took part in 16 panel discussions: entrepreneurs, top managers, representatives of international organizations, analysts, and government officials. They shared their vision of Ukraine’s role in the global economy, attracting investment in the face of ongoing armed aggression, developing defense technologies, and the future of the energy system.

President of Ukraine Volodymyr Zelenskyy addressed the Forum. In his video address, he said that business would be involved in the economic part of the internal victory plan.

“We have invited businesses to join the development of the internal plan of economic direction. First Vice Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko is leading this work. And the strategic vision of entrepreneurs will be taken into account. Just as one of our key geopolitical needs will be in Europe. This is the foundation,” the President said.

The Kyiv International Economic Forum was opened by Prime Minister of Ukraine Denys Shmyhal. He shared his vision of the future prospects and challenges of the present. In his speech, he spoke about the economy, financial stability, energy, logistics, booking and business support. The Prime Minister noted that the country will have the funds to finance the army and all priority budget expenditures.

“For 2025, we have an absolute understanding of how we will close the budget deficit. We are continuing the Ukraine Facility program with the International Monetary Fund and the European Union. The $50 billion (note: confiscated Russian assets) that we will receive from the G7 countries and the European Union will be our reserve, our airbag for the next year and even the years after that. This is what we agreed with the IMF and our partners. This means that we will not resort to emission financing of the budget,” the Prime Minister emphasized.

The first discussion panel “The Common Future of Ukraine and Europe” was attended by Yulia Svyrydenko, First Vice Prime Minister and Minister of Economy of Ukraine, Mykhailo Fedorov, Vice Prime Minister for Innovation, Education, Science and Technology, Minister of Digital Transformation of Ukraine, Vyacheslavs Dombrovskis, Minister of Economy and Energy of Latvia (2014), Vyacheslavs Dombrovskis, Minister of Education and Science of Latvia (2013-2014) and John Denton, Secretary General of the International Chamber of Commerce (ICC).

“Ukraine’s integration into the EU will create added value not only for Ukraine but also for Europe. We have deposits of critical materials that the EU lacks and a growing defense industry. We have the potential and ambition to replace part of the EU’s imports with goods produced in Ukraine, strengthening European strategic autonomy. To this end, we are implementing a number of policies, including the Made in Ukraine program, to stimulate production, attract investment in the real sector and strengthen non-resource exports,” said Yulia Svyrydenko.

During the discussion, Mykhailo Fedorov, Minister of Digital Transformation of Ukraine, noted the rapid development of defense technologies.

“We are now seeing how technologies are developing during a full-scale war. Let’s take defense tech: at the beginning, we had 7 companies that created drones, and now there are 500 of them. And we see their number growing every week. But they do not appear by themselves, their appearance depends on incentives, on conditions,” said Mikhail Fedorov.

“The jubilee KIEF has demonstrated that we are able to cope with our challenge of bringing together different groups for the development of Ukraine. The KIEF is a platform that brings business, government and the civil sector together to develop ideas. This year’s discussions were heated, often emotional, but highly productive. We already have a vision of the key areas of work and approaches to them. I have a great hope that they will be implemented, and next year we will gather at the same venue and discuss the results,” said Yuriy Pyvovarov, CEO of the Kyiv International Economic Forum.

During one of the discussion panels, KIEF initiator and founder of the UFuture holding company Vasyl Khmelnytsky noted that the country’s success lies primarily in the unification of government and business.

“For us to catch up with Poland or China quickly, we need to unite business and government. I know that not everyone likes this idea, but if we need to build 10,000 factories or enterprises, it is impossible without cooperation with the government. The challenge is very big – the government and business must work as a team. We need more entrepreneurs, we need to teach entrepreneurship in schools. If we want to make an economic breakthrough, the government must develop education and create attractive conditions for business and investors,” summarized Vasyl Khmelnytsky.

Vasyl Khmelnytsky also emphasized the importance of making decisions in difficult situations: “If a business has no economy, sell it, even at a loss, and move forward. I had LvivTech.City, a very good project. But two years after the war started, I sold it at a loss, covered the loans, invested in UNIT.City, and continue to develop.”

This year, KIEF has raised UAH 1.1 million to help the Armed Forces and psychological rehabilitation of children. The funds will go to the 10th Separate Mountain Assault Brigade “Edelweiss”, which is fighting the aggressor in the East, and the NGO Gen.Ukrainian, which provides psychological rehabilitation for children in Gen.Camp camps.

The Kyiv International Economic Forum is one of the largest

international forums that brings together representatives of business, government and society to

to discuss key economic issues and global trends.

Recordings of the forum’s discussion panels are available on the KIEF YouTube channel.

Download photos from the event here.

Interfax-Ukraine is a long-term media partner of the Forum.

Title partners: UFuture, Mastercard, Nova Poshta, AEQUO, Germany, Naftogaz Group

Partners: Biopharma, Interpipe, FUIB, MHP, Epicenter, PrivatBank, Lamel,

Ajax Systems, Biosphere Corporation, Sense Bank, Kernel, Vodafone, OKKO, Metinvest

Program partners: ACC (American Chamber of Commerce in Ukraine), Center for

Center for Social Change and Behavioral Economics, GLOBSEC
Business expert: Forbes Ukraine

Title media partners: Starlight Media, 1+1 media

Media partners: New Voice, LIGA.net, Interfax-Ukraine, TAVR Media, RBC-Ukraine, Kyiv Post, Mind.ua, Delo.ua, The Kyiv Independent, Huxley, Tvoje Misto

Reception on occasion of national holiday of Algeria – 70th anniversary of revolution – was held in Kyiv

On November 6, 2024, Charge d’Affaires of the Embassy of the People’s Democratic Republic of Algeria in Ukraine Y.V. Ahmed Ouail held a reception dedicated to the 70th anniversary of the Algerian Liberation Revolution at the Fairmont Grand Hotel in Kyiv.
70 years ago, on November 1, 1954, the Algerian people began an almost eight-year armed struggle against the French colonizers, which resulted in the country’s independence.
On March 19, 1962, the French government and the Algerian National Liberation Front signed the Evian Accords, which put an end to the bloody war (the death toll, according to various estimates, reaches 350 thousand to 1.5 million people).
And on July 1, 1962, during a referendum, Algerians supported the independence of their country.
The event traditionally began with the performance of the national anthems of the two countries – Algeria and Ukraine.
First, the Algerian diplomat, H.E. Mr. Ahmed Ouail, delivered a festive speech, in which he cordially greeted all the participants and expressed hope for further strengthening of multilateral ties and friendly relations between Algeria and Ukraine.
On behalf of the Ukrainian government, Deputy Minister of Foreign Affairs of Ukraine for Digital Development, Digital Transformation and Digitalization Anton Demokhin expressed his congratulations on the occasion.
After Ukraine declared independence on August 24, 1991, Algeria recognized Ukraine on December 27, 1991. On August 20, 1992, Ukraine and Algeria established diplomatic relations. On November 16, 1992, the first Ambassador of Algeria to Ukraine, Belramoul Camerzerman, presented his credentials to President Leonid Kravchuk.
Source: https://www.facebook.com/UkrDiplomatic

Average housing prices in Kyiv increased by 16% in primary market and by 7% in secondary market over year

Average housing prices in Kyiv increased over the year from UAH 3.1 million to UAH 3.6 million (by 16.6%) in the primary market and from UAH 3.8 million to UAH 4.0 million (by 6.7%) in the secondary market, the OLX press service told Interfax-Ukraine. According to a study conducted in October 2024 among users of the OLX.Real Estate category, prices also increased in Odesa and Lviv, and decreased in Kharkiv.
In particular, in Odesa, prices for new buildings increased by 16% – from UAH 1.9 million to UAH 2.2 million, while in the secondary market average prices increased by 7% – from UAH 1.6 million to UAH 1.7 million. In Lviv, the primary market went up by 17.8%, from UAH 2.9 million to UAH 3.4 million, and the secondary market by 16.8%, from UAH 2.4 million to UAH 2.8 million.
In Kharkiv, average prices decreased from UAH 1.64 million to UAH 1.6 million in the primary market (-2.3%) and from UAH 1.09 million to UAH 1.03 million in the secondary market (-6%).
OLX also reported that in August-October 2024, Kyiv, Ivano-Frankivsk, Irpin, Odesa and Lviv were the leaders in the number of published ads for the sale of new buildings. In the secondary market, over the same period, the largest number of apartments were offered by sellers in Kyiv, Odesa, Kharkiv, Irpin and Dnipro.
As for potential buyers, they were most interested in ads on the primary market in Kyiv, Lviv, Odesa, Ivano-Frankivsk and Kharkiv; on the secondary market – in Kyiv, Odesa, Kharkiv, Lviv and Dnipro.
Overall, according to OLX statistics, Kyiv remains the city with the largest number of ads and responses to them. The top cities also include Kharkiv, Odesa, Dnipro, Ivano-Frankivsk, and Lviv. At the same time, Lviv has significantly fewer active ads than other large cities, but more responses from job seekers, which indicates an increased demand for real estate in this city. People are also actively selling and looking for apartments near Kyiv, as evidenced by the presence of Irpin in the ranking.