Business news from Ukraine

Business news from Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF AUGUST 26

Official rates of banking metals from national bank as of August 26

One troy ounce=31.10 grams

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PASSENGERS CARRIED IN JAN-JUNE OF 2020, IN MLN

Passengers carried in Jan-June of 2020, in Mln

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 25/08/20

National bank of Ukraine’s official rates as of 25/08/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF AUGUST 25

Official rates of banking metals from national bank as of August 25

One troy ounce=31.10 grams

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ENERGOATOM SIGNS MEMO WITH H2 ON BUILDING DATA CENTER FOR $700 MLN

Acting President of National Nuclear Generation Company Energoatom Petro Kotin and the H2 company have signed a memorandum of cooperation on the construction of a computing data center near Zaporizhia Nuclear Power Plant (NPP), the press service of Energoatom said on Thursday, August 20.
According to the press service, the data center will become one of the largest in Europe, and the investment will amount to $700 million.
The press service reported that the document signing took place in presence of President of Ukraine Volodymyr Zelensky during his working trip to Zaporizhia region.
In turn, PrJSC Ukrhydroenergo during the same visit of the president announced the signing of a memorandum of cooperation with H2 LLC on the construction of a hydrogen electrolysis plant.
The expected investments in the project may amount to about EUR 300 million. The cooperation envisages “the construction of production facilities with constant electricity consumption”.
As reported, during his working trip to Zaporizhia on August 19, Zelensky attended the presentation of an action plan for the implementation of the Development Strategy of Zaporizhia region for the period until 2027, which provides, in particular, for the construction of data centers.
During a meeting with Acting Energy Minister Olha Buslavets in early August, Director of H2 LLC Andriy Zhovner and CEO of Yom Capital Ltd Walter Komarek voiced their interest in building a hydrogen plant and a data center in Ukraine.
Investors, in particular, are interested in the southern region of Ukraine, where there is a significant surplus of electricity, cooperation with NNPGC and PJSC Ukrhydroenergo.

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UKRAINE TO ISSUE E-VISAS ACCORDING TO MORE CONVENIENT PROCEDURE

From November 1, 2020, Ukrainian electronic visas (e-Visas) will be issued according to a new and convenient procedure, the press service of the Ministry of Foreign Affairs of Ukraine reports.
“For many foreigners, a meeting with our country begins with obtaining a Ukrainian visa. This first impression should be positive. Foreigners should associate Ukraine with convenient, fast electronic services. So we will not only restart the tourism industry, but also stimulate foreign investment in Ukraine, development of trade, strengthening of contacts between people, and generally making the Ukraine brand more modern and attractive,” said Foreign Minister Dmytro Kuleba.
On August 19, the Government approved the corresponding initiative of the Ministry of Foreign Affairs of Ukraine, which is being implemented in pursuance of the order of President of Ukraine Volodymyr Zelensky.
According to the innovations, the applicant will be able to choose the desired procedure for issuing an e-visa: a usual or an urgent procedure (with a doubling of the tariff rate in case of an urgent procedure). E-Visas will be issued much faster: an urgent electronic visa processing will take only one working day, and the usual processing procedure will be three working days (so far, the processing time for visa applications has reached nine days). In addition to the existing one-time e-Visa, there will be a new type of visa: e-Visa for double entry.
In addition, the differentiated tariff rates of the consular fee are significantly reduced: instead of $85 for a single e-visa, now the consular fee for a single e-Visa will be $20, for a double one – $30.