Business news from Ukraine

Business news from Ukraine

General strike has begun in Italy

On Friday, Italian citizens went on a general strike demanding higher wages and increased investment in the social sphere, ANSA reports. Employees of the public and private sectors intend to strike for eight hours.

In the transportation sector, by order of Italian Minister of Infrastructure Matteo Salvini, the strike will be limited to four hours. Thus, water transport, buses, subways and trams will stop working from 09:00 to 13:00 local time (10:00 to 14:00 Kyiv time). Air traffic will be suspended from 10:00 to 14:00 local time (11:00 to 15:00 Kyiv time). Firefighters will also not work during this time period.

However, the strike will not affect rail services. A total of 43 protests are planned throughout Italy on Friday. The day before, the Italian Labor Union and the General Italian Labor Confederation called on citizens to go on strike to demand higher wages, increased funding for healthcare, education, public services, and investment in industry.
According to various estimates, there are about 1 million Ukrainian citizens in Italy.

,

Veranda na Dnіpі restaurant made promotional video with Olympic champion Olga Harlan

In the very heart of Kyiv, on the picturesque Dnipro embankment, Veranda na Dnipre restaurant continues to invite guests and celebrity ambassadors. The new promotional video, which features Olympic champion Olga Harlan, is a vivid confirmation of the restaurant’s unique concept.

In the video, the restaurant’s brand chef Sergey Bashinsky demonstrates the exquisite skill of cooking lobster. The video culminates in the moment when Olga Harlan, with her trademark grace and determination, cuts the lobster with a sword. This vivid image symbolizes the perfect combination of culinary and sports professionalism.

“It was a unique experience to combine my sportsmanship with the art of cooking. I am very pleased to be a part of this story, which so successfully emphasizes the values of health and excellence that underlie Veranda na Dnipro. Here, every moment is a holiday,” comments Olga Harlan.

Collaboration with the Olympic champion was an important step for the restaurant in creating a new aesthetic. Olga, who symbolizes not only strength but also elegance, perfectly complements the atmosphere of the restaurant, where luxury and a sense of celebration reign.

“We are proud to work together with such an outstanding personality as Olga Harlan. Her sporting achievements, patriotism and love for haute cuisine perfectly resonate with our vision of the restaurant as a place where special moments are born,” says brand chef Sergey Bashinsky.

Veranda na Dnepre is known for its rich menu, which includes dishes from 12 cuisines. Organic products cooked with love for details, signature drinks and desserts, as well as the largest wine list in Ukraine create a real gastronomic pleasure.

Every detail in the restaurant is carefully thought out to give guests comfort, coziness and perfect service. From business meetings to romantic evenings, Veranda na Dnipro is always the best choice for celebrating moments you want to remember forever.

, ,

IC “VUSO” plans to appoint new deputy chairman of board

Shareholders of PJSC Insurance Company VUSO (Kyiv) on December 10 will decide on the appointment of Irina Hevel as Deputy Chairman of the Board for digital business by transfer from the position of Advisor to the Head of the Board. This is reported in the draft decisions of the shareholders’ meeting, publicized by the company in the system of the National Commission on Securities and Stock Market.

As reported, Irina Gevel from August 2017 and until the end of 2023 held the position of the head of the Board of IC “Alfa Insurance”.

In addition, during the meeting Alexey Babenko is planned to be appointed to the position of the Head of Internal Audit Service and Yuri Izotov to the position of the Head of Risk Management of IC “VUSO” by transferring them from the position of the advisor of re-directing. At the same time, it is emphasized that Izotov may take office after the approval of the NBU. Also during the meeting the shareholders plan to approve the risk management policy of the company in a new edition, the plan of continuous activity of IC “VUSO” and the report on compliance risk management for Q3 2024.

IC “VUSO” was founded in 2001. The company holds 50 licenses: 34 – for voluntary and 16 – for compulsory types of insurance, is represented in all regions of Ukraine. It is a member of the Motor (Transport) Insurance Bureau of Ukraine (MTSBU) and the Ukrainian Insurance Federation (UIF), as well as a participant of the Agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.

 

,

Every 8th company in Ukraine is registered in frontline area

How many companies are located in the territory of active hostilities

According to the Ministry of Reintegration, 180,253 Ukrainian companies are registered in the frontline areas. Of these, 14% are in the areas of active hostilities. Most of these businesses are in Kharkiv and Zaporizhzhia regions.

Currently, more than 1.4 million companies are registered in Ukraine. 13% of them are registered in the frontline areas – about 180 thousand businesses.

You can check the registration of companies and individual entrepreneurs in the temporarily occupied territories in the OpenDataBot.

Only 1.1 thousand of these companies operate in the areas where active fighting is taking place and all state registries are disabled. Another 25 thousand (14%) are located in the area of active hostilities, where state electronic information resources are functioning. The vast majority are registered in the area of possible hostilities – 153 thousand businesses

Kharkiv region has the largest number of registered businesses among the 9 frontline regions. More than a third of companies are registered in this region – over 69 thousand. Almost half as many businesses are registered in Zaporizhzhia region – 32 thousand. Mykolaiv region closes the top three with 27 thousand (15.2%).

https://opendatabot.ua/analytics/frontline-business

,

“TAS Dneprovagonmash” increased its consolidated net profit by 6%

TAS Dneprovagonmash LLC (DVM, Kamianske, Dnipro region), controlled by businessman Sergiy Tigipko’s TAS Financial and Industrial Group, posted a consolidated net profit of UAH 84.08 million in January-September, up 6% year-on-year.
According to the company’s interim reports, published on Thursday in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its consolidated net income increased by 62.8% to UAH 1.61 billion.
The report notes that the consolidated financial statements include the performance of the car-building company TAS Dniprovagonmash and its subsidiary, the casting manufacturer TAS Steel Plant.
As reported, TAS Dneprovagonmash’s unconsolidated net profit for January-September amounted to UAH 53.86 million, which is 5.4% more than in the same period in 2023, with unconsolidated revenue growing by 76.4% to UAH 1 billion 278 million.
According to the report, the company’s consolidated net income includes revenue from the sale of railcars and rolling stock of UAH 1.245 billion, revenue from the sale of castings and shot of UAH 332.2 million, revenue from the sale of spare parts of UAH 31 million, and revenue from services rendered (almost UAH 1.18 million), including railcar repair.
In the first half of this year, the company’s consolidated profit decreased by almost 2.4 times compared to the same period in 2023 to UAH 40.37 million, while consolidated net income increased by 35% to UAH 1.01 billion.
As reported, at the beginning of 2023, TAS Group became a strategic investor in the TransAnt GmbH railcar building joint venture of Austrian Voestalpine and ÖBB Rail Cargo with a 40% stake, and in the spring of 2024 it became the majority owner of TransAnt, increasing its stake to 61%.
This year, the company plans to invest UAH 100.2 million in the development of the European direction (for the purchase of equipment).
As reported, TAS Dneprovagonmash produced 378 freight cars in 2023 (including for the EU market), which is 34.8% less than in 2022, while sales decreased by 40.6% to 370 units. Non-consolidated revenue decreased by 2.8% to UAH 1 billion 77 million, while net profit increased slightly to UAH 49.2 million.
TAS Group was founded in 1998 by businessman Sergey Tigipko. Its business interests include the financial sector (banking and insurance) and pharmacy, as well as industry, real estate, and venture capital projects.

,

Pre-auction exhibition “Ukrainian Collectible Art” presented at Goldens Auction House

From November 27 to December 7, Goldens auction house will present a pre-auction exhibition of the 65th auction “Ukrainian Collectible Art”, which will present a unique selection of works by prominent Ukrainian artists of the XIX-XX centuries. Among the works presented are many rare and exclusive paintings, the likes of which rarely appear on the art market.

The collected works cover various schools, styles and periods of Ukrainian art. In particular, the collection includes works by Ivan Kurakh, Oleksa Novakivskyi, Ferenc Seman, Oleh Sokolov, Stepan Kolesnikov, Lubomyr Medvid, Viktor Zaretskyi, Adalbert Erdeli, Ivan Marchuk, Woodon Baklytskyi, Roman Selskyi, Ivan Trush, Nikifor Krynytskyi, Ivan Babii, Tytus Dvornikov, and Oleksiy Shovkunenko.

The Lviv School of Art is represented by the names of Ivan Trush, Oleksa Novakivskyi, Oleh Minko, Liubomyr Medvid, Roman Selskyi, Witold Mnastyrskyi, and Volodymyr Patyk. Their works represent the wide range and originality of their regional art school, which is filled with examples of both realistic and impressionistic painting, as well as works enriched with modernist tendencies and experiments with form, color, and texture.

Works by artists of the Transcarpathian school of painting are also marked with a bright color: a composition by Ferenc Seman, landscapes by Yosyp Bokshai and Fedir Manailo, a portrait of a Hutsul woman by Andriy Kotska.

The creative searches of the Crimean school artists represented in the auction selection – Petro Stolyarenko and Valentyna Tsvetkova – are devoted to light and color. Their works reflect the warm and windy mood of the peninsula’s nature.

The works by Kyiv artists are extremely diverse and reflect the general trends of the cosmopolitan city, where completely different colors, forms and trends have fused together. This diversity can be clearly seen in the works of Vasyl Chegodar, Volodymyr Sydoruk, Mykhailo Huyda, and Oleksiy Shovkunenko.

The auction selection also includes works by prominent Odesa artists Oleg Sokolov and Arkady Sambur. Sokolov’s collage is distinguished by its vivid expressiveness and special attention to the play of volumes, while Sambur’s work is characterized by its picturesqueness and impressionistic sensuality.

A separate core of the selection is a block of classical art represented by the names of Stepan Kolesnikov, Yevhen Bukovetsky, Viktor Zarubin, Titus Dvornikov and Mikhail Alisov, a block of art by emigrant artists – Ivan Kurakh, Ivan Babiy, Isaac Pailes, Manet-Katz – as well as naïve art, which includes works by Nikifor Krynytsky, Maria Primachenko and Marfa Timchenko.

The sculpture in this auction is represented by the names of the first-row ceramist Olga Rapai, the prominent Kyiv sculptor Yuriy Ruban and the emigrant artist and sculptor Manet-Katz.

The top lots of the auction selection are rare and unique works that can adorn the collection of any world museum: Ivan Babii’s Chess Player (1920s), Mykola Glushchenko’s Nude with Flowers from the artist’s most prominent period of the 1970s, Viktor Zaretskyi’s By the Lake (1978), and a rare genre composition by Adalbert Erdeli from the 1930s and 1940s, Autumn Landscape by Yosyp Bokshai (1930), Plein Air Landscape by Ivan Marchuk (2006), Large Scale Plot Composition by Mariia Prymachenko (1991), Sweet Pea by Ivan Trush of the 1920s, and a portrait of Countess. Kvitska by Oleksa Novakivskyi (1907), “Autumn Still Life” by Valentyna Tsvetkova (1970s), “Girl with Cows” by Roman Selskyi (1980s) and “Dandelions” by Ferenc Seman (2003).

The exposition of the auction “Ukrainian Collectible Art” will be open to the public from November 27 to December 07 in the hall of the Goldens auction house, as well as online at www.gs-art.com. For registration and participation in the auction, please call: +38 050 462 95 32 or register online to be able to place online bids yourself.

Opening hours of the exhibition and online auction:

November 27 – December 07, 2024

12:00 – 19:00

Seven days a week.

Admission to the exhibition is free.

The final bidding will begin with the alternate closing of lots – on December 07 (Saturday) at 17:00 online at www.gs-art.com.

Address: Kyiv, 4 Leonid Pervomaisky St.

GOLDENS auction house

+38 050 462 95 32

contact@gs-art.com

www.gs-art.com

Information about the auction house Goldens:

Goldens is a Ukrainian auction house founded in 2004 in Kyiv. It is one of the leading participants of the Ukrainian art market.

Goldens Auction House holds auctions, solo and group exhibitions, advises and forms private collections of collectible art, assists in interior design and gift selection, and participates in charity and partnership projects.

The main area of expertise is Ukrainian collectible art, including classical painting of the nineteenth and twentieth centuries, alternative movements (avant-garde, non-conformism, underground), and contemporary art. In addition, sculpture, park sculpture, graphics, printmaking, art photography, and more.