Business news from Ukraine

Business news from Ukraine

Ukrainian President Zelensky is going to speak at UN General Assembly

Ukrainian President Volodymyr Zelensky will deliver an address to the General Assembly of the United Nations (UN) on Tuesday.
“Tomorrow will be a very important day – we are preparing a speech at the UN General Assembly. There will be important signals from our state,” Zelensky said in a video message on Monday.
Also, according to him, he will take part in the Food Security Summit.
“This is a fundamentally important element of global security and Ukraine, there is something to say,” the president said.
In addition, the head of state will have a series of online meetings with American partners and investors.
“We are doing everything to meet the needs of Ukraine at all levels – defense, finance, economy, diplomacy,” Zelensky added.

,

UIA has a new president

The largest Ukrainian airline before the war, Ukraine International Airlines (UIA), changed its president: instead of Yevgeny Dykhne, it was Kirill Zvonarev, who from 2014 to 2022 served as Deputy General Director of the State Enterprise Boryspil International Airport.

As the press service of UIA reported on Monday, the corresponding personnel decision was made after the end of the contract of Dykhne, who headed UIA since September 2019.

Prior to joining UIA Dykhne, since 2017 he was also the deputy general director of Boryspil, and even earlier, from September 2014 to March 2017, he headed this largest airport in the country as an acting director. CEO.

After the start of the war, UIA offered its aircraft, which were not blocked at Ukrainian airports, for charter and humanitarian flights outside Ukraine and for wet leasing.

FIRST ENJOY GROUP CHARITY FESTIVAL TO BE HELD AT QUEEN COUNTRY CLUB

Recently, there was information that 12 Ukrainian establishments have merged into one network — Enjoy Group.
In addition to the classical background, the restaurants are connected by a common goal — to organize charity events and conduct promotions, the funds from which will go to the urgent needs of Ukrainians who need support.

So, on the last weekend of September, the first charity festival from the Enjoy Group will be held on the territory of the country complex Queen Country Club.

UA Country Fest is a traditional festival with entertainment content, where you will be able to meet a food court with establishments of the Enjoy Group network. Eat snails from Frou Frou, try khinkali from neo-obstro Takakhuli, order dishes from Ishak and Fish Fetish, watch an open-air movie, attend a master class, walk through a market with Ukrainian brands and take a photo as a souvenir in the photo zone.

September 24 and 25 are two days that will affect the well-being of orphans from the Ochakiv boarding school. After all, all funds from the sale of entrance tickets will be transferred to the construction of a new room for 60 children with the assistance of the “Blagomai” charitable foundation, which has been supporting children deprived of parental care for more than 10 years. And since the first days of the full-scale invasion, he has been evacuating children from hot spots to safe places in Ukraine and abroad.

Thus, recreation and a minimum contribution of 200 hryvnias per entrance will be able to help little Ukrainians.

Queen Country Club, September 24th and 25th from 11:00 a.m. Come with family and friends to enjoy the last weekend of September outside the city and be part of a good mission.

Aqua Solar Invest won right to privatize Kobylovolok distillery for UAH 70 million at an auction

On September 19, Aqua Solar Invest LLC (Bershad, Vinnytsia region) won the right to privatize the separate property of the Kobylovoloki distillery (Kobylovoloki village, Ternopil region), which is part of the State Enterprise “Ukrspirt”, for UAH 70 million 253 thousand, which is 2.8 times exceeds its starting cost of UAH 25.2 million.
The corresponding results of trading between the six participants were published on the website of the Prozorro.Sales online platform on Monday. In addition to Aqua Solar Invest, Shtrihi LLC (Kyiv) offered UAH 70 million 252 thousand 900 for the distillery (UAH 100 less than the final price of the lot), and Zakhidny Resource Center LLC (Druzhba, Ternopil region) – UAH 70 million (UAH 253 thousand less).
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of Aqua Solar Invest with an authorized capital of UAH 25 million is Alexander Yaroshenko (25% in the authorized capital), Lilia Astapova (25%), and Elena Smirnova (25%), with Until December 2020, the company was wholly owned by Felix Lutsky.
This company already has experience in privatizing the assets of the State Enterprise “Ukrspirt” – in October 2020, it won the right to privatize the Bershad distillery for UAH 19.81 million at an online auction in Prozorro.Sale, and in early February 2022 completed a deal on its purchase, having received the appropriate permission from the Antimonopoly Committee of Ukraine.
The company is engaged in the distillation, rectification and blending of spirits, while until January 2021, its line of business was listed as real estate.
Aqua Solar Invest in 2020 received UAH 0.1 thousand in revenue and UAH 411.6 thousand in net loss. For 2021, the legal entity has not yet provided financial statements.
The immovable property of the Kobylovoloksky distillery subject to privatization with a total area of ​​11.5 thousand square meters. m is located on seven land plots in the Terebovlyansky district of the Ternopil region with a total area of ​​36.95 hectares. The asset was put up for sale by the State Property Fund of Ukraine (SPF) on September 1.
The enterprise includes production buildings, a granary, an alcohol storage, hangars, pumping stations, a greenhouse, a starch and malt workshop, a gas station, etc., as well as technological equipment and necessary communications.
The daily capacity of the distillery is 2.7 thousand decalitres of ethyl alcohol. The company was founded in 1905, modernized in 2016. Production at the facility has been temporarily suspended.
As reported, the State Property Fund has already put up the Kobylovolok distillery for a privatization auction in December 2020 with a starting price of UAH 25.9 million. As a result of the auction, the value of the asset more than tripled – up to UAH 81.75 million, but the winning companies eventually abandoned the privatization of the distillery.

, ,

Stock indices of largest Asia-Pacific countries ended trading with a fall on expectations of tightening monetary policy in world

Stock indices of the largest countries in the Asia-Pacific region ended trading on Monday with a fall on expectations of further tightening of monetary policy in the world.
Investors this week will follow the meetings of a number of central banks in the world. The US Federal Reserve System (FRS) will announce the rate change decision on Wednesday, the Bank of Japan and the Bank of England – on Thursday. Most experts believe that the US and British regulators will once again raise key rates to combat inflation that has been beating many years of records.
In addition, it is expected that meetings of the central banks of Switzerland, Sweden, Turkey and China will take place. The People’s Bank of China will announce the rate on loans to first class borrowers (LPR) for one year and five years on Tuesday.
At the same time, trades in the Asia-Pacific region were inactive on Monday. Stock exchanges in Japan are closed due to the country’s celebration of Honoring the Elderly Day.
China’s Shanghai Composite fell 0.35%, while Hong Kong’s Hang Seng shed 1%.
The shares of pharmaceutical companies Sino Biopharmaceutical Ltd. fell most significantly on the Hong Kong Stock Exchange. (-6.9%) and Wuxi Biologics (Cayman) Inc. (-5%), development Longfor Group Holdings Ltd. (-6%) and Country Garden Holdings Co. Ltd. (-3%), as well as IT companies Alibaba Group Holding Ltd. (-3.5%) and Netease Inc. (-3.6%).
Construction Paper China Vanke Co. Ltd. lost 1.2% in price. A division of the company – Onewo Inc. plans to list in Hong Kong and raise 6.15 billion Hong Kong dollars ($783.5 million).
The value of the South Korean index Kospi decreased by 1.1%.
Shares of one of the world’s largest manufacturers of consumer electronics LG Electronics Inc. shed 0.2%, while rival Samsung Electronics Co. rose by 0.3%. Capitalization of automaker Kia Corp. falls by 0.4%.
The Australian S&P/ASX 200 fell 0.3%.
The market value of the world’s largest mining company BHP fell by 0.6%. Oil companies Woodside Energy and Santos lost 1% and 0.8%.

,

International Financial Corporation plans to approve $1 billion financing for Ukraine in November

The International Finance Corporation (IFC), part of the World Bank Group (WB), plans to submit a $1 billion financing package for Ukraine to its Board of Directors in November, including direct lending, financial guarantees and trade finance instruments, the Deputy Minister said. economics Alexander Griban.
“It is expected that such financing will also mobilize private loan capital, because IFC usually finances no more than 30% of the project cost, including commercial banks in the financial consortium. Thus, the total volume of projects of Ukrainian enterprises that can be financed will be more than $ 3.3 billion,” he was quoted in a press release from the Economy Ministry on Friday.
Hryban added that IFC is also actively working with the European fund for sustainable development (EFSD), which has already received a request for $2 billion. According to him, these funds are also planned to be used to introduce financial instruments to support Ukraine.

,