Business news from Ukraine

Ukraine to take part in Paris Olympiс

Ukraine will take part in the 2024 Olympic Games in Paris, France, the Ministry of Youth and Sports said.

“These games have a special meaning for Ukraine, because it is an opportunity to show the world our will and strength of spirit. Ukraine’s slogan at the Olympic Games is “The Will to Win” This time for Ukraine, the Olympics is, first of all, a big screen to the world. We have to remind that Ukraine is, fights and is able to win. The very fact that in Paris perform under the Ukrainian flag is a great demonstration of willpower,” – stated in the press service of the Ministry of sports.
As reported, the National Olympic Committee of Ukraine (NOC) and the Ministry of Youth and Sports of Ukraine have developed recommendations for Ukrainian athletes regarding contacts with Russian and Belarusian athletes at the Olympic Games 2024 in Paris (France).

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DIM Group of Companies announced beginning of strategic partnership with Globus Bank

DIM Group of Companies announced the beginning of strategic partnership with Globus Bank, obtaining bank accreditation and introducing a joint mortgage program for the capital’s residential complex A136, the developer’s press service reported.

“DIM Group has expanded opportunities for investors because of bank mortgages in the business class segment. Now, the bank-partner “Globus” offers clients to take advantage of a mortgage loan for up to 20 years for the purchase of apartments, penthouses, apartments in A136 Highlight Tower on Antonovicha Street. Bank mortgage is a convenient and reliable mechanism for investments, leveling the risks associated with the martial law in the country” – says the managing partner of DIM Alexander Nasikovsky.

A136 Highlight Tower (Antonovicha Street, 136-138) is a business class project, a 33-storey building with a total of 324 apartments, with a closed territory and underground parking. The declared commissioning date is Q4 2024. At the moment, according to the portal LUN, the price – from 94.05 thousand UAH/sq.m.

DIM in partnership with Globus Bank offers clients a range of new opportunities to invest in  real estate . One of the key services is offering commercial loans for individual investors for up to 20 years and fixing the value in UAH.

DIM Group was founded in 2014 and consists of six companies covering all stages of construction . To date, it has commissioned 12 houses in six residential complexes with a total residential area of more than 218 thousand sq. m. Six residential complexes of “comfort +” and “business class” category are under construction: “New Autograph”, “Metropolis”, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil.

Globus Bank was registered in 2007. According to the NBU, as of April 11, 2023 the shareholders of the bank were Elena Silnyagina (100%), Dmytro Polkovsky (16.198866%), Eugene Varyagin (9.899307%), Sergey Mamedov (9.899307%), Andrey Pinchuk (9.899307%) and Taras Lesovy (3.599748%), owning the authorized capital indirectly.

According to the National Bank of Ukraine as of September 1, 2023, Globus ranked 24th (UAH 9.07 billion) among 60 banks operating in the country in terms of total assets.

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Poland is thinking about expanding its agricultural ports

Grain transit through Poland has significantly decreased from January to May due to the loss of current markets in Europe and beyond, as well as a change in the vector of Ukrainian grain sales, which is 90% through the Black Sea Canal and Romania, Polish Deputy Prime Minister Wladyslaw Kosyniak-Kamysh said at a meeting with representatives of the People’s National Farmers’ Protest on Friday.

“From January to May, the transit (of grain through Poland) was halved,” Polish Agriculture Minister Czeslaw Sekerski informed the meeting participants, according to the official website of the Polish Ministry of Agriculture.

According to the Vice Prime Minister, one of the reasons for the problems in the grain market is the loss of Poland’s current markets in Europe and beyond.

“More than 90% of grain transit from Ukraine is carried out through the Black Sea Canal and Romania,” Kosyniak-Kamysh said.

He also expressed his support for the expansion of agro-ports and grain terminals, while announcing the government’s decision to unblock the waterway to the port of Elbląg.

According to Kosyniak-Kamysh, the European Union’s decision on Ukraine’s access to the community market is the last possible solution in the current formula.

“The EU’s dialog with Ukraine should last for many years. Just like our accession negotiations,” he said.

At the same time, the Deputy Prime Minister called for a significant tightening of border controls to prevent the importation of products that do not meet high European standards into Poland.

Source: https://www.gov.pl/web/rolnictwo/trzeba-wrocic-do-ochrony-rynku-europejskiego

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India will participate in Peace Summit in Switzerland

India will participate in the upcoming Peace Summit to be held on June 15-16 in Switzerland, Indian Prime Minister Narendra Modi has said, The Siasat Daily reports.

“India will participate in all important summits that advance the agenda of global peace, security and development,” Modi said, as quoted by The Siasat Daily.

According to the newspaper, this refers to the G7 summit, which will be held in Italy on June 13-15, as well as the Global Peace Summit, which will be held on June 15-16 in Switzerland.

Modi noted that India will “be the voice of the Global South” at these summits to shape the global discourse and promote a vision of people-centered development and a prosperous and peaceful world. “The level of participation will depend on time, logistics and concurrent commitments,” said the Indian Prime Minister in response to a question about whether he would attend the meetings. According to Modi, India’s invitations to these summits demonstrate the importance of the country and the weight of its contribution to international affairs.

Source: https://www.siasat.com/india-to-participate-in-g-7-ukraine-peace-summits-pm-modi-3029281/

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President of Ukraine: Prime Minister of Croatia Plenkovic to participate in Peace Summit

Croatian Prime Minister Andrej Plenković has confirmed his participation in the Peace Summit in Switzerland, President of Ukraine Volodymyr Zelenskyy said following a conversation with the head of the Croatian government.

“I congratulated him on his appointment as Prime Minister of the Republic of Croatia and expressed gratitude for Croatia’s continued support for Ukraine. I also thanked Prime Minister Plenkovic for confirming his participation in the Peace Summit in Switzerland,” Zelenskyy wrote in a telegram on Monday.

The parties also discussed Croatia’s support for the start of negotiations on Ukraine’s accession to the EU and the possibility of joining the G7 Vilnius Declaration of Support for Ukraine.

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Museum of vintage cars has opened in Kyiv

Crossing the threshold of the museum, you will find yourself in the atmosphere of bygone eras, where each exhibit tells its own story. More than 100 original vintage cars and motorcycles, carefully preserved, restored and maintained, are waiting for you in the museum’s halls.
But that’s just the beginning! In addition to cars and motorcycles, there is a collection of retro artifacts from the mid- and late twentieth century. From vintage advertising signs to old gas stations, from children’s toys to iconic household items, each exhibit tells its own story and takes you back to those times.

Join us and dive into the magical world of retro!

Website

– Opening hours: Fri-Sun, 10:00-17:00
– Location: 1 Malynska St.

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