Business news from Ukraine

Business news from Ukraine

Central bank official rates of banking metals as of August 12

Central bank official rates of banking metals as of August 12
One troy ounce=31.10 grams

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Dynamics of changes in discount rate of NBU

Dynamics of changes in discount rate of NBU

NBU

Central bank official rates of banking metals as of August 11

Central bank official rates of banking metals as of August 11

One troy ounce=31.10 grams

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Ukrainian IT company opens office in Japan

Ukrainian IT company CHI Software has opened an office in Kobe (Japan).
“Over the past year, with the support of Ukrainian diplomats, the IT Ukraine Association, together with the government of Kobe, organized a number of meetings and webinars, where the Japanese side got acquainted with technological solutions and high-quality IT services from Ukraine. The result of cooperation was the opening of an office of the Ukrainian IT company CHI Software in Kobe,” a statement on the Foreign Ministry’s website said on Thursday.
According to the Minister of Foreign Affairs of Ukraine Dmytro Kuleba, the Ministry of Foreign Affairs began to systematically create new opportunities for cooperation with foreign partners for Ukrainian IT companies back in the spring of last year.
“This work brings results that have become especially relevant during a full-scale war. After all, the stability of the Ukrainian economy is extremely important for winning the war, and every successful negotiation, every new contract, every open office further strengthens it. Ukrainian diplomats are making every effort to provide assistance business and work for results together with exporters,” Kuleba said.
The IT Export Boost project started on March 5, 2021. Its main task is to promote IT exports in foreign markets thanks to the capabilities of the network of diplomatic missions of the Ministry of Foreign Affairs of Ukraine abroad.
The IT Ukraine Association is the largest specialized association of Ukrainian service and product companies of various sizes in Ukraine. As of December 2021, she represented 120 companies and over 82,000 IT professionals. The task of the association is to provide favorable conditions for the sustainable development of the information technology sector in the country.

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McDonald’s partially reopens restaurants in Ukraine

The McDonald’s fast food restaurant chain is introducing a phased plan to reopen some restaurants in Kyiv and western Ukraine over the next few months, the chain’s press service reported.
“After lengthy consultations and discussions with Ukrainian officials, suppliers and security professionals, and in response to the request of our employees to return to work, we have decided to introduce a phased plan to reopen some restaurants in Kyiv and western Ukraine, where other businesses have safely resumed work,” Paul Pomeroy, Senior Vice President of McDonald’s International Markets Business Unit, is quoted in the message.
Over the next few months, the company’s team with partners will be working to restore food supply chains, prepare restaurants to serve customers, return the team and employees to the working environment, and implement enhanced procedures and protocols to ensure the safety of workers and customers, he said.
Pomroy pointed out that the Ukrainian market team headed by Yulia Badritdinova is working on the restoration tasks.
In Ukraine, the first McDonald’s restaurant was opened in Kyiv on May 24, 1997. Over 25 years, the company has invested about $350 million, transferred UAH 10 billion in taxes to the state budget, and donated UAH 124 million to charity.
To date, the network has 109 restaurants in 24 cities across the country.
Earlier it was reported that the restaurants of the network in Ukraine were closed on February 24 for security reasons. The company maintains a team of more than 10 thousand people, while continuing to pay wages. In addition, more than 700 tons of products were donated for humanitarian needs. Together with the Ronald McDonald House Foundation, McDonald’s initiated and implemented humanitarian aid programs to support Ukrainians. Ukrainian families have already received more than 75 thousand food packages, 26 hospitals have received assistance with equipment and medicines.
The network is being developed by FDI “McDonald’s Ukraine Ltd.”
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, MCD Europe Limited (100%, London, UK) is a FDI participant.

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National bank of Ukraine’s official rates as of 11/08/22

National bank of Ukraine’s official rates as of 11/08/22

Source: National Bank of Ukraine