The Ministry of Agrarian Policy and Food has signed an agreement with Lindsay (the United States), a large international company, on the production of irrigation equipment and the creation of an industrial cluster in Ukraine to localize some of the products for irrigation. Minister of Agrarian Policy Roman Leschenko wrote about this on Facebook, commenting on the results of the working trip of President Volodymyr Zelensky and a number of government members to the United States made early September. “An agreement has been signed with Lindsay, the world leader in the field of irrigation equipment. It is ready to launch the production of a full range of irrigation equipment with a significant local content in Ukraine,” the minister wrote.
Leschenko said that each investment project that forms a new industry and provides new jobs will be accompanied by a profile minister in the “investment nanny” mode.
“On these terms, we will cooperate with Lindsay, because this is about creating a new cluster and a new technological base for the rational use of water resources: from pumps, irrigation machines to IT technologies, monitoring systems and artificial intelligence,” he wrote.
In addition, he recalled the $3 billion agreement signed on September 2 between Ukraine and the U.S. Export-Import Bank (EXIM), in which agriculture was named one of the priority areas of financing.
Independent members of the supervisory board of NJSC Naftogaz Ukrainy resigned on Tuesday, a government source has told Interfax-Ukraine.
As reported, Naftogaz CEO Yuriy Vitrenko and independent members of the board were not able to to develop a constructive dialog. Prime Minister of Ukraine Denys Shmyhal on Monday evening met with independent members of the Naftogaz supervisory board, and on Tuesday morning, the members of the supervisory board talked with the company’s management board.
On September 7, the prime minister announced in his Telegram channel that the competition for the selection of four members of the supervisory board of Naftogaz Ukrainy will be announced within a week.
According to him, the competition should end in November this year so that the new supervisory board has enough time to determine the requirements for a candidate for the post of chairman of the Naftogaz board and hold a competition to select him no later than May 1 of next year.
The Cabinet of Ministers of Ukraine, by order No. 494-r dated May 19, 2021, elected three independent members of the Supervisory Board for a new term of up to one year: Clare Spottiswoode (Great Britain), Bruno Lescoeur (France) and Ludo Van der Heyden (Belgium), as well as two representatives of the state: Nataliya Boyko and Yulia Kovaliv.
In addition, the powers of a member of the Supervisory Board representing the state, Robert Bensch, were prematurely terminated, and Yulia Svyrydenko, Deputy Head of the Office of the President of Ukraine, replaced him.
Some 13 participants of the nonbank market were removed in August of this year from the registers: two financial companies, seven insurers (one insurance company left the market voluntarily, six – forcibly), one pawnshop, two credit unions and one leasing company, according to the website of the regulator.
Some 153 non-life insurers (there were 160) and 17 life insurers, 286 pawnshops (there were 287), 301 credit unions (there were 303), 138 leasing companies (there were 137), 977 financial companies (was 973) and 61 insurance brokers are operating on the nonbank market now.
The NBU said that in general, in August, the number of participants in the nonbank financial market decreased from 1,938 (as of July 31) to 1,933 (as of August 31). The number of banks decreased from 73 to 72, since in August OJSC Settlement Center ceased its banking activities.
The regulator also said that in August, the NBU registered eight new players in the nonbank financial market: six financial companies and two leasing companies.
Some 37 payment systems created by residents and 14 international payment systems created by nonresidents operate on the payment market. In August, the registration of the Khazri international payment system, created by nonresidents, was canceled.
The National Bank received 604 requests from market participants for registration and licensing actions in August. The largest number of inquiries related to financial companies, pawnshops and lessors – 490. The number of inquiries from credit institutions (banks and credit unions) was 32, insurers – 82.
During the reporting period, the National Bank continued to apply enforcement measures to participants in the nonbank financial market. In particular, the regulator, on its own initiative, canceled all licenses for 45 institutions: 28 financial companies, one insurance company, 13 pawnshops and three leasing companies. Also in August, the NBU temporarily suspended the licenses of six insurance companies for violations committed by them.
There are no grounds for the introduction of a “red” level of epidemiological danger in any region of Ukraine, said Minister of Health of Ukraine Viktor Liashko.
“Now there are no grounds for the introduction of a ‘red’ level of epidemiological danger in any region of Ukraine. There are only indicators to transfer the territory of all Ukraine to the ‘yellow’ level,” he said on the air of the Ukraina 24 TV channel on Tuesday.
He stressed that there are no restrictions on the use of public transport in the “yellow” level of epidemic danger.
Regarding educational institutions, Liashko noted that “offline schools will work if 80% of teachers are vaccinated against COVID-19.”
“In case such a norm is not observed, schools will go online,” he said.
Liashko clarified that for the “yellow” level, those vaccinated with the first dose will be taken into account, for the “red” level, teachers will need to be vaccinated with two doses.
TIU Canada, a major foreign investor in Ukrainian solar energy, returns to court tomorrw seeking reconnection of its Nikopol solar station. The case will be heard by the Kyiv Northern Appellate Commercial Court at 11:00 PM, September 8, 2021. A three judge panel consists of the presiding Judge A.G. Maydaneevych, B.O. Tkachenko and O.M, Gavryliuk will hear the case number is 910/3844/20. The address is courtroom #7, 1a Sholudenka Street in Kyiv.
TIU Canada, the plaintiff in the case, was illegally disconnected from the electricity grid on March 2, 2020, by the Nikopol Ferroalloy Plant (NFZ) whose ultimate beneficial shareholders are Igor Kolomoyskyi, Gennadiy Bogolyubov, and Viktor Pinchuk. The case can be viewed online at: https://www.youtube.com/watch?v=TnljwMv_fuE
TIU Canada is a leading Canadian-based solar energy producer, which has been working in Ukraine since 2016, and is a leading solar energy producer. The company commissioned a 10.5 megawatt solar power plant in Nikopol, Ukraine, in January 2018, and an 11.3 megawatt solar station in the Mykolayiv region in April 2019. An additional 33 megawatts of solar power generation has been commissioned in the Odesa region, for a total of 56 megawatts nationwide. TIU Canada has invested more than $65 million in Ukrainian solar energy over the last four years and was the first investor in Ukraine under the Canadian Ukrainian Free Trade Agreement (CUFTA).
Together with Andrii Dligach, a futurist, and Vlad Mikhnenko, Oxford’s Associate Professor, CEOs of the major Odessa-based companies have released an economic business vision of the city. Its presentation will take place on September, 17 as part of the Odessa Business Forum.
The Club’s Mission is to promote a positive image of Odessa in Ukraine and worldwide, to make a statement as a city built for life, investments, and doing business.
The Odessa Region Economic Strategy 2050 outlines the priorities in such sectors as investments, exports, industrial development, transport and logistics, tourism, culture, and entertainment.
The Odessa Business Forum is a standing platform and an annual event. Its key objective is to present mid-term and short-term plans to implement the main vectors of the economic strategy, to summarize and compare results, and to update its aims and purposes.
Dmytro Kazavchynskii, the Co-founder of the Odessa Business Club, emphasizes: “Loving Odessa in words alone is not enough. We need to do something for our beloved city.”
This was the commitment taken when the Economic Business Vision of the Odessa Region 2050 was created.
Speakers that support the OBF:
● Vlad Mikhnenko, Candidate of Science, Associate Professor of sustainable urban development, researcher at St. Peter’s College at Oxford University
● Karl-Filip Coenegrachts, strategist and innovator from Ghent (Belgium), creator of an alternative vision and concepts for Smart Cities and Cities of People
● Andrii Dlygach, Founder and CEO of Advanter Group; Doctor of Economics, strategist, futurologist; Expert in shaping business breakthrough strategies; Member of the Boards of Directors at the Digital Transformation Institute and SingularityU Kyiv; CEO, Luniter troubleshooting; Professor at the KSE Business School; Co-founder of the Board business community
● Cees Donkers, Urban designer at City as a LAB, one of the key founders of Dutch Design Week. Eindhoven’s chief urbanist
● Valeria Ionan, Deputy Minister of Digital Transformation for European Integration since 2019. Responsible for the national projects Diia.Business and Diia.Digital Education, online security and European integration
● Dmytro Kazavchinsky, Co-founder of Odessa Business Club and GST Company
● Andreas Flodstrom Co-founder and CEO at Beetroot and Beetroot Academy, Ukrainian-Swedish companies
● Andrii Zdesenko, Founder and CEO of Biosphere Corporation, owner of Charisma Fashion Group and co-founder of the Ukrainian restaurant chain Vapiano, Co-founder of the Inspira business club in the city of Dnipro
● Oleksandr Bornyakov, Deputy Minister of Digital Transformation for IT Development. Co-founder of IT-Cluster Odessa
● Maxim Bakhmatov (Moderator), Managing Partner of UNIT.City, Advisor to the Mayor of Kyiv, Ukrainian comedian, entrepreneur, innovator
…and more.
The host of the first Odessa Business Forum will be a Ukrainian marketer, founder of Fedoriv Group Andrii Fedoriv.
We are open to cooperation with everyone who cares about Odessa and the positive image of Ukraine abroad.
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