Business news from Ukraine

Business news from Ukraine

CONSTITUTION DAY TO BE CELEBRATED NEAR KYIV

On June, 28, 29 and 30 «The Kyivan Rus Park» invites to celebrate the Constitution Day of Ukraine in a place where our statehood was born, and to spend the holidays and weekends in fresh air with thrilling medieval amusements, horse-trick shows, horse riding and tasty dishes prepared on a bonfire.
To the Constitution Day of Ukraine, on June, 28 the citizens of Ancient Kyiv have prepared an interesting program with theatrical stagings on the ancient Slavic theme and horse-trick performances. Till very evening there will be a possibility for the visitors to actively participate in the merry medieval amusements.
On June, 29 and 30 the «Historical Fashion» ethno-festival will take place in Ancient Kyiv. During these days the guests will see a wide variety of historical costumes – from an ordinary citizen to the great prince and princess. Combat ammunition will also be demonstrated, the armor and weapon of different epochs and nations: from Scythians to Cumans, Hungarians, from the legendary Amazons to the knights of the Medieval Europe.
Also the traditional horse ammunition will be shown to the guests. In these days the demonstrative performances on the medieval weapon possession on horseback and on the combat trick riding.
Also the visitors will see the horseback archery tournament: on a horseback at full gallop the sportsmen will compete in the real medieval archery accuracy.
The bright show with the fire balls shooting from the Trebuchet – the only working siege weapon in Ukraine will be the culmination of the holiday program on June, 28 and 29.

Ancient Kyiv opens at 10:00. The program starts at 13:30.
The ticket price: a full adult ticket – 200 UAH, for pensioners and students – 150 UAH, for schoolchildren – 60 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Route taxis leave from Kyiv from the «Vydybitchi» metro station.
Details on the website www.parkkyivrus.com

The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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ED&F MAN IS RUMOURED TO SELL ITS GLOBAL SUGAR ASSETS

ED & F Man, one of the world’s largest commodities trader, is planning to sell some of its sugar assets, Bloomberg has reported, referring to a source.
According to Bloomberg, the decision was made as the business struggles to make money amid thin industry margins.
Kyiv office of the company gave no comments on the issue. London-based office said that the company doesn’t comment on “industry speculation” and added that the company continually evaluates its business and operations and explores potential opportunities that may arise.
ED & F Man started operating in Ukraine in 2007. It owns the Zasillia sugar refinery with an annual production capacity of 50,000 tonnes. In March 2018, the company decided to suspend operations of Zasillia sugar refinery expecting a surplus of sugar on the Ukrainian market in the medium term outlook.
ED & F Man’s subsidiary, Ukrainian Sugar company, jointly with Agro-Delo agrarian trade firm started planting sugar beets for sugar production in 2012.
The regional office of ED & F Man was opened in Kyiv in March 2017 to coordinate all business processes of the company in the Black Sea region.
Over the period of its operations in Ukraine the company has invested over $150 million in development.

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UKRAINE STRATEGIC PARTNER OF INDIA IN MILITARY-TECHNICAL COOPERATION – INDIAN AMBASSADOR

Secretary of the National Security and Defense Council of Ukraine Oleksandr Danyliuk held a meeting with Indian Ambassador Partha Satpathy on Wednesday, during which the parties discussed the state of cooperation in the field of security and defense and prospects for its further intensification. “Satpathy stressed the importance of Ukraine as a strategic partner of India in the field of military-technical cooperation, in particular, the production and supply by Ukraine of gas turbine engines for ships and joint projects in the field of aviation,” the press service of the NSDC reports.
Also, the Ambassador of India assured of the unchanged support for the sovereignty and territorial integrity of Ukraine.
According to Danyliuk, to enhance cooperation at the strategic level, the current exchange of information between Ukraine and India on security issues is relevant today.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JUNE 27

Official rates of banking metals from national bank as of june 27

One troy ounce=31.10 grams

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 27/06/19

National bank of ukraine’s official rates as of 27/06/19

Source: National Bank of Ukraine

UKRSADPROM ASKING TO INTRODUCE FIXED TAX PER HA, RETURN PREFERENTIAL VAT FOR FARMERS

The Ukrsadprom has addressed the Ukrainian president, prime minister and leaders of the political parties asking to introduce some measures for the development of gardening, in particular, to introduce the fixed land tax per ha depending on the type of economic activities.
According to the press service of the association, Ukrsadprom also asked to return preferential VAT for farmers, to provide state support for the export of horticultural products, and also to modernize the industry’s subsidy program with a focus on processing.
As reported, the Ukrsadvynprom association asked the Agricultural Policy and Food Ministry to adapt the program of state support for gardening to berry enterprises, as well as to expand the list of wine-making areas.

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