KYIV. Nov 8 (Interfax-Ukraine) – China is interested in placing its production at Ukrainian industrial parks and has already provided the Ukrainian side with the corresponding plan of cooperation, Vice President of the China International Chamber of Commerce Lu Jianzhong has said.
“We see that the investment climate in Ukraine, as well as relations between Ukraine and China are improving. We hope that we will be able to take part in the development of industrial parks and attract Chinese investment via the Chinese Chamber of Commerce. We have provided our comments and our cooperation plan as for industrial parks to Ukraine. Ukraine is studying them,” he said at the Ukrainian Silk Road forum in Kyiv.
He did not specify what kind of proposals have been provided to the Ukrainian side, but stressed the Chinese business in “very interested” in Ukrainian industrial parks.
Trade representative of Ukraine Natalia Mykolska, in turn, during the forum said Ukraine will attract Chinese investors, demonstrating the benefits of free trade with the EU, Canada, the CIS, the EFTA countries and others.
“Ukraine can become a place of goods production with the participation of Chinese investments, know-how and technology for the delivery to a number of markets, with which Ukraine has free trade agreements. Ukraine could become a manufacturing hub for Chinese investors to produce their goods here and deliver them to the EU market and back to China,” she said.
KYIV. Nov 7 (Interfax-Ukraine) – Germany will give Ukraine EUR 72 million in new aid for sustainable economic development, regional development, energy efficiency and internally displaced persons, Ukraine’s Deputy Economic Development and Trade Minister has said Maksym Nefyodov has said.
According to his statement on Facebook, Nefyodov signed relevant documents in Berlin on Friday on the results of two-day talks with the Economic Cooperation and Development Ministry of Germany.
The deputy minister specified that this aid will be also aimed at strengthening local government, support of the united territorial communities, assistance to small and medium-sized businesses and modernization of energy consumption.
Director of International Programs Coordination Department of Ukraine’s Economy Ministry Olena Trehub, who participated in the talks, explained that at the moment the amount of funds provided by Germany as non-repayable assistance to Ukraine rose to EUR 325 million from EUR 20 million before the Revolution of Dignity.
LVIV. Nov 7 (Interfax-Ukraine) – Carlsberg Ukraine brewing company will start supplying Lvivske beer to China, Director Yevhen Shevchenko has said at a press conference at the 16th International Economic Forum.
“We expect to supply over 300,000 liters every quarter,” he said.
He said that before the launch of exports the company is to adapt the product to the Chinese market.
“China needs 0.33 liter bottles. We do not bottle Lvivske in these bottles. In addition, most beers have 2.5% alcohol contet in China. Alcohol content of Lvivske is 4.5%,” he said.
Shevchenko expects that the first batch will be shipped in Q1 2017.
“It is important for us not simply start, but start supplies so that the first batch was not the last,” he said.
Carlsberg Ukraine is incorporated in Carlsberg Group, a leading brewing groups in the world. Carlsberg Group in Ukraine includes three breweries in Zaporizhia, Kyiv, and Lviv.
KYIV. Nov 7 (Interfax-Ukraine) – Germany’s Bader GmbH has opened a new car leather seat plant in Lviv region. This is the second industrial site of Bader Ukraine LLC.
According to a posting on the website of Ukrainian President Petro Poroshenko, during his working trip to Lviv region he took part in the ceremony of opening the plant of Bader Ukraine LLC.
“Despite aggression, Ukraine started to demonstrate economic recovery in 2016. In 2014, many foreigners doubted to invest in Ukraine, but now they ascertained that their decision was correct,” he said.
Poroshenko expressed gratitude to the investors.
“Thank you for producing high-quality goods and glorifying Ukraine in Europe.” According to him, this has become possible due to the Association and DCFTA Agreement with the EU. This means that commodities produced in Ukraine are not subject to taxation on the European market,” he said.
Director of Bader Ukraine Andriy Pavlun and Director of Bader GmbH&Co Bent Dreilich presented the production facilities of the plant to the head of state.
Bader Ukraine LLC, founded in 2006, is a branch of Bader GmbH, a leading global premium car leather manufacturer.
Bader Ukraine produces leather and leather items, leather seats for Audi and BMW.
The first production site is located in Horodok (Lviv region) with up to 1,000 employees. The new site is located in Kozhychi (Yaroriv district, Lviv region).
KYIV. Nov 7 (Interfax-Ukraine) – Ukrainian Prime Minister Volodymyr Groysman has said that production of railway wagons for the needs of public joint-stock company Ukrzaliznytsia at Ukrainian enterprises could create up to 50,000 jobs.
“We have calculated that with the needs of Ukrzaliznytsia we would provide 50,000 people with jobs if we only start producing them at the facilities of state-run enterprises,” he said on Shuster Live Show late on Friday last week.
The prime minister said that the quality of wagons made in Ukraine is not worse than imported wagons and their price is significantly cheaper.
KYIV. Nov 7 (Interfax-Ukraine) – Ukrainian President Petro Poroshenko has enacted a bill annulling 5% duty on imported scrap ferrous metals. The document amends the law on the customs tariff, according to a posting on the parliament’s website.
The law amending the law on the customs tariff of Ukraine aimed at curbing a shortage of scrap ferrous metal on the domestic market to satisfy the needs of defense industry and restore infrastructure was returned to the parliament with the president’s signature on November 4.
The document passed by the parliament on October 5 sets nil rates for duties on imported scrap ferrous metal instead of 5%.
Chairman of the parliamentary committee for industrial policy and entrepreneurship Viktor Halasiuk said that the revoking of 5% duty on imported scrap metal is the second part of the package to support the country’s mining and metal complex.
“We have made a strategic step after increasing the duty on exported scrap metal from EUR 10 to EUR 30. The law is in effect now. This is actually the second part of the package – to fully lift imports duty on scrap metal,” he said.
