A number of companies have applied for tenders called by the State Property Fund (SPF) of Ukraine to select advisors for the privatization of insulin producer Indar, President Hotel and Odesa Port-Side Chemical Plant with July 20 set as the deadline for applications, an informed source in the government has told Interfax-Ukraine. “There are applications, and there are many of them,” the source said without giving details.
The SPF’s press service told Interfax-Ukraine that it was not authorized to disclose details at the current stage, advising waiting for the results of the tenders. As was reported, the SPF late in June called tenders to hire advisers to sell 100% of Kyiv-based PJSC United Mining and Chemical Company (UMCC), 70.7016% of PrJSC Indar, 100% of PrJSC President Hotel (all three are based in Kyiv), and two wholly state-owned enterprises: Krasnolymanska Coal Mining Company in the town of Rodynske, Donetsk region, and Kharkiv-based Electrotyazhmash Plant (ETM), as well as 99.5667% of PJSC Odesa Port-Side Chemical Plant (OPZ) in Odesa region.
The deadline for Indar, President Hotel and OPZ is July 20 inclusively. The first stages of the tenders are scheduled for July 26, and the second stages for July 30.
In case of UMCC and ETM, the deadline for applications is July 23, and tenders will be held in two stages: on July 27 and on July 31.
Ukraine on July 12 met with representatives from the ‘big four’ auditors, namely Ernst&Young, Deloitte, PwC, KPMG, as well as Morgan Stanley, Rothschild, ICU, Concorde Capital, Dragon Capital to present details of tenders to select advisers on large-scale privatization,.
The adviser’s tasks include an analysis of the economic, technical and financial performance of an enterprise; bringing the main indicators of its financial statements in line with international accounting standards; carrying out audits (financial, environmental and others), implementation of due diligence and a SWOT analysis of the assets, including assessment of the competitive positions in Ukraine and international markets.
The Ministry of Foreign Affairs of Ukraine (MFA) has recommended that Ukrainians refrain from traveling to Zambia due to the outbreak of cholera in the capital until the epidemiological situation returns normal, the ministry’s consular service has said. “The diplomatic office recommended that those compatriots who are already in Zambia exercise special caution and adhere to the recommendations of local authorities, medical and other competent services, as well as monitor the latest news,” the report says.
According to the ministry, an epidemic of cholera broke out in Zambia, in particular in the capital city of Lusaka, and especially in the Kanyama area.
The report also notes that in case of symptoms of the disease or other circumstances that require immediate consular response, Ukrainians are advised to apply to Ukraine’s Embassy in the South African Republic.
Ukrainian boxer Oleksandr Usyk has defeated Russian Murat Gassiev in Moscow to become the first man to unify four would cruiserweight belts (WBC, WBO, WBA, IBF). The fight between Usyk and Gassiev took place in Moscow in the early hours of Sunday, July 22, as part of the World Boxing Super Series (WBSS). The fight lasted all 12 rounds and the Ukrainian boxer won on points. The judges unanimously recognized Usyk’s victory – 120-108, 119-109, 119-109 in favor of the Ukrainian.
In addition to becoming the absolute world champion in the cruiserweight division, Usyk won the Muhammad Ali Trophy and the Ring Magazine title.
In September 2016, 2012 London Olympics champion Usyk became the WBO world cruiserweight champion in his tenth professional bout.
One troy ounce=31.10 grams
President of Ukraine Petro Poroshenko has signed the law on ratification of the agreement between the government of Ukraine and the government of Finland on implementing the project “Finnish Support for the Ukrainian School Reform,” the presidential press service has reported. The Verkhovna Rada passed the law on July 3, 2018. The agreement between the governments of Ukraine and Finland on implementing the project “Finnish Support for the Ukrainian School Reform” was signed in Kyiv on March 5, 2018.
The document is the legal basis for the effective implementation of the project and attraction of technical assistance from the government of Finland in support of the reform of general secondary education in Ukraine.
According to the agreement, within the framework of the project it is planned to attract up to EUR6 million of technical assistance from Finland to support the reform of secondary education in Ukraine. The project will be implemented in 2018-2021.
