Business news from Ukraine

Business news from Ukraine

Number of unemployed people registered in public employment service as of 01.11.2023 (in thousands)

Number of unemployed people registered in public employment service as of 01.11.2023 (in thousands)

Source: Open4Business.com.ua and experts.news

Number of unemployed in Ukraine and job opportunities, October 22 – October 23

Number of unemployed in Ukraine and job opportunities, October 22 – October 23

Source: Open4Business.com.ua and experts.news

Denmark has new king

On Sunday, Danish Prime Minister Mette Frederiksen announced the accession of King Frederik X to the throne from the balcony of the Christiansborg Palace in Copenhagen, where he also appeared in front of the public for the first time as king.

Frederiksen thanked Queen Margrethe II for her service to the country.

“The Crown Prince will now be our king, we know him, love him and trust him,” the Prime Minister said.

She wished the new head of state all the best and, according to tradition, wished the king nine times for his health.

Then King Frederik X of Denmark delivered the first speech.

“My mother, Queen Margrethe, ruled Denmark for 52 years. She followed the times, but she took our common heritage as her starting point. Today she has left the throne, but I hope to be the king who unites the country of tomorrow. This is a responsibility I take on with respect, pride and great joy. I need all the support I can get from my beloved wife, my family, from you and from God,” he said.

This was preceded by the ceremony of Queen Margrethe II’s abdication, which she unexpectedly announced in her New Year’s speech on December 31.

Frederik is Margrethe’s eldest son. The title of Crown Prince of Denmark was passed to Frederik’s eldest son, Christian.

According to preliminary estimates by the Danish police, up to 100,000 people gathered in Copenhagen to celebrate the transfer of power.

In honor of the new king, a fireworks display will be held in the harbor of the Danish capital – three times 27 shots from four guns, and late in the evening a fireworks show will be organized in the Copenhagen amusement park Tivoli Gardens.

There is no coronation ceremony in the Danish tradition.

The Danish monarchy is the oldest in Europe, dating back to the tenth century.

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Ukrainian Cabinet of Ministers allocates 2.5bn hryvnyas for construction of engineering and technical structures

The Cabinet of Ministers has allocated an additional UAH 2.5 billion for the construction of engineering and fortification facilities, Ukrainian Prime Minister Denis Shmygal said.

“The key task for us this year is to strengthen our defense capabilities. In this context, today there are two important decisions. We allocate additional almost 2.5 billion hryvnias from the reserve fund for the construction of engineering and fortification facilities,” Shmygal said at a government meeting on Friday.

According to him, UAH 1.4 billion of these funds will be used for fortification of defense lines, and another UAH 1.1 billion for the construction of non-intrusion strips. – for the construction of non-explosive barrier strips.

In addition, the government has allocated another UAH 120m from the reserve fund for the State Border Guard Service to strengthen the defense capability and engineering and technical arrangement of the border.

Annual World Economic Forum in Davos began today with Ukrainian issue

The annual World Economic Forum (WEF) in Davos, which officially opens its work on Monday, 15 January, on Sunday announced the fourth meeting of national security and foreign policy advisers to discuss the Ukrainian Formula for Peace.

According to the forum’s official programme, a press conference on Switzerland’s role as co-organiser of the meeting and its continued support for a just and lasting peace in Ukraine will be held in the afternoon, and in the evening key members of the Ukrainian delegation will share the results of the discussion.

The day before, Justice Minister Denys Malyska said on Facebook that the work of the delegation in Davos, where representatives of more than 80 countries gathered, would last about a day and a half.

According to the official programme, Ukrainian President Volodymyr Zelenskyy will deliver a special address at the WEF on Tuesday, 16 January.

On the same day, later in the day, there will be a session on “Ukraine’s Horizons” on how Ukraine can intensify its reconstruction efforts to support its economic and political ambitions to join the EU and NATO after nearly two years of devastating war. It will be attended by, among others, Lithuanian President Gitanas Nauseda, US Special Representative for Ukraine’s Economic Recovery Penny Pritzker, Head of the Ukrainian Presidential Office (OP) Andriy Yermak, Foreign Ministers of Spain and the Netherlands Jose Manuel Albarez Bueno and Hanke Bruins Slot, and Yale University history professor Timothy Snyder.

The following day, Wednesday, 17 January, at the session “Ukraine at War: Year Three”, British Foreign Secretary David Cameron and Ukrainian Foreign Minister Dmytro Kuleba will discuss strengthening international unity in support of the country’s defence and economy, which will continue to come under pressure, and what approaches and goals Ukraine and its international partners should agree on for the coming year.

In addition, on 15 January Davos will host the Ukrainian House, co-organised by the Victor Pinchuk Foundation, Horizon Capital and Western NIS Enterprise Fund, followed the next day by an exhibition and discussion area Deciding Your Tomorrow/”691 Days Deciding Your Future”, organised by the Victor Pinchuk Foundation, PinchukArtCentre in cooperation with the Office of the President.

The programme of Ukrainian House events up to and including 18 January includes, among others, Demonstration of the vision of Ukraine’s digital transformation – Diya, Mriya and Win-Win with Mikhail Fedorov, Deputy Prime Minister and Head of the Ministry of Digital Economy, a discussion on the transfer of frozen Russian assets to Ukraine with Deputy Head of the OP Rostislav Shurma, CEO of Hermitage Capital Management William Browder, Senior Sovereign Strategist at RBC Bluebay Asset Management Timothy Ash, and another discussion with Ukrainian Foreign Minister Kuleba.

In addition, the topic of Ukraine’s sustainability in 2024 will be discussed by First Deputy Prime Minister and Minister of Economy Yulia Sviridenko, investor and advisor to General Catalyst Teresa Carlson, founding partner of Argentem Creek Partners John Patton, CEO of Datagroup-Vol Mikhail Shelemba, while Shurma from OP, CEO of Marsh McLennan John Doyle, Managing Director for Europe and the Caucasus of EBRD Matteo Patrone and Citigroup representative Julie Monaco will talk about Ukraine’s investment opportunities and risk insurance.

Among the speakers of the Deciding Your Tomorrow discussion programme on 16-18 November are, among others, Swedish Foreign Minister Tobias Bilström, musician Svyatoslav Vakarchuk, Harvard University Professor of Economic Development Ricardo Gausman, President of the Board of the Munich Security Conference Foundation Wolfgang Ischinger, First Deputy Chairman of the Verkhovna Rada Oleksandr Kornienko, historian Serhiy Plokhiy, Executive Director of Roubini Macro Associates Nouriel Roubini; Vadym Skibitsky, deputy head of the Main Intelligence Directorate of the Ukrainian Defence Ministry; and Niall Ferguson, senior fellow at the Hoover Institution at Stanford University.

Finally, on 18 January, the Ukrainian Breakfast, a traditional private event organised by the Victor Pinchuk Foundation and EastOne, will be held on the margins of the WEF.

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Interactive map of African swine fever outbreaks created in Ukraine

The Pig Producers of Ukraine Association and the State Service of Ukraine for Food Safety and Consumer Protection have created a new interactive map of African swine fever (ASF) cases in Ukraine, which records all cases of the disease since 2012.

“With the help of the ASF map, pork producers will have constant access to updated statistics on outbreaks of this disease. They will be able to track the geography of the virus and navigate the epizootic situation in the industry,” the association said in a statement.

According to the interactive map, 38 cases of ASF were registered in Ukraine in 2023, of which 12 cases were 129 wild animals, 21 cases in farms (175 animals), three cases in the private sector on commercial farms or in farms (253 animals), and 11 infected facilities were also identified. During the year, 23 quarantine regimes were canceled.

At the same time, a year earlier, 10 outbreaks of ASF were recorded in Ukraine, including three on farms, two cases each in the wild and in the private sector, commercial farms, and farms. Infected facilities were detected three times.

In pre-war 2021, 16 outbreaks of ASF were recorded in Ukraine, including six in the private sector, commercial farms, farms, three cases in the wild and on farms. Infected facilities were detected four times.

An interactive map of ASF outbreaks in Ukraine is available at https://pigua.info/uk/site/disease.