The volume of construction work in Ukraine in June 2018 increased by 2.2% compared to June 2017, while the increase in May 2018 from May 2017 was 2.7%. According to the authority, the volume of construction work in June 2018 grew by 12.3% compared with the previous month, while in May 2018 it grew by 20.5% compared with April 2018.
According to the report, in June 2018 year-over-year, the decrease in the volume of construction was observed in nonresidential construction and grew in building of engineering facilities. A fall in residential construction was 23%, while the figure in construction of nonresidential buildings fell by 5%. The increase of 17.9% was recorded in construction of engineering facilities.
In June 2018, the volume of construction of residential buildings declined by 20.4% compared with May 2018, and it grew by 5.5% in construction of nonresidential buildings and by 32.8% in construction of engineering facilities.
In January-June 2018, construction work fell in 14 regions, in particular in Luhansk region by 53.5%, to UAH 135.9 million, Sumy region by 22.2%, to UAH 417.9 million and Kirovohrad region by 21%, to UAH 457 million. The largest growth in the volume of construction works in January-June 2018 was seen in Ivano-Frankivsk region by 41.5%, to UAH 1.26 billion and Odesa region by 33.8%, to UAH 5.7 billion. In Kyiv city the volume of construction work fell by 5.6% year-over-year, to UAH 11.2 billion.
One troy ounce=31.10 grams
Ukraine’s Acting Minister of Finance Oksana Markarova during her visit to Britain has signed a multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting (Multilateral Instrument or MLI), the Organization for Economic Co-operation and Development (OECD) said on its website. According to the report, Ukraine became the 83rd jurisdiction that joined the MLI convention.
“The implementation of the BEPS action plan will favor the harmonization of international rules with more than 70 countries and create a more transparent environment. By signing the MLI convention, we will be able to make the necessary changes to the existing international treaties on double taxation between Ukraine and other states,” Markarova said.
According to the ministry, now the MLI multilateral convention must be ratified by the parliament.
The ministry noted Ukraine had joined the enhanced cooperation program under the OECD initiative on January 1, 2017. The OECD member countries have developed an action plan to combat tax base erosion and profit shifting. The BEPS plan includes 15 steps in various areas of counteraction to aggressive tax planning.
The international marketplace for finding private tutors Preply has pulled in $4 million in the seed round. Lead investor was Point Nine Capital, Berlin-based venture fund, investing in SaaS and marketplaces at early stages. “Investors in Preply’s seed round include Arthur Kosten (ex-CMO at Booking.com, 2003-2012), Polish VC RTAventures, founder & CEO of DocPlanner Mariusz Gralewski, Poland’s Grupa Pracuj EO Przemyslaw Gacek, Diligent Capital Partners (Ukraine) and SMRK (Ukraine),” Preply reported.
“Next year we plan to become the leading marketplace for finding private tutors of foreign languages in the world,” co-founder and CEO of Preply Kirill Bigai said.
Managing Partner of Point Nine Capital Pawel Chudzinski, in turn, said that the fund took this opportunity to enter the fragmented online tutoring market, evaluating the focus on consumer experience and global proof of the concept, and will contribute to the efforts of the Preply team to win leadership on it. The new round of financing will support the long-term development of new products, including the Preply calendar, instant booking options, and the launch of a mobile application.
In addition, the funding allowed Preply to open a second office in Berlin and build up a team of senior professionals working on the product: managers, designers and developers. In the near future the startup plans to search and appoint VP of Marketing.
The company was founded in 2012 by Bigai, Sergey Lukyanov (Head of Product Design) and Dmytro Voloshyn (CTO) with offices in Kyiv and Berlin.
The Canadian defense sector is working on plans to develop defense cooperation with Ukraine, Conservative MP from Canada James Bezan has said in an interview with UATV. Bezan said that soon supplies of Canadian small arms could be started to Ukraine.
“Canada and Ukraine have signed one contract to supply sniper rifles. We are waiting for the signing of the permit to export the arms by the Canadian government,” he said. Bezan did not specify the participants and details of the mentioned arms contract, saying only that the forthcoming delivery of Canadian small arms to Ukraine is planned to be provided on a commercial basis within the special export license issued by the Canadian government.
According to the Canadian politician, the prospects for working in the defense market of Ukraine are currently being studied by a number of Canadian defense companies. “I know that there are other manufacturers who produce machine guns, light armored vehicles and other equipment, and study the potential of work with Ukrainian companies, Ukrainian Armed Forces,” Bezan said, recalling that for the time being there are no legislative restrictions in Canada on the supply of certain types of weapons to Ukraine.
As reported, in December 2017, the government of Canada amended the rules of arms exports, allowing the sale of small arms to Ukraine.
