Business news from Ukraine

Business news from Ukraine

AMCU ALLOWS VODAFONE TO BUY VEGA

The Antimonopoly Committee of Ukraine has allowed PrJSC Vodafone Ukraine to concentrate more than 50% of the telecom operator Vega (Farlep-Invest).
According to a statement released on the AMCU website, the committee made such a decision following the meeting on Thursday.
“The aggregate shares of concentration participants in the involved regional markets do not exceed 11%. In all commodity markets involved in the concentration, except for the voice traffic termination services market, there are a large number of business entities, they are competitors of the concentration participants and offer consumers similar services,” the AMCU said.
According to the AMCU, the seller within the planned concentration is SCM Group, which also includes PrJSC Ukrtelecom.
Both of these companies own a frequency resource in the 2.3 GHz range (15 MHz in six regions), as well as in the 2.5-2.7 GHz range.
Vodafone Ukraine is the second largest mobile operator in Ukraine.
The national telecom operator Vega is part of the telecommunications division of Rinat Akhmetov’s SCM group. The operator offers complex solutions in the field of fixed telephony, broadband Internet access and data transmission. The company is present in 22 regions of Ukraine.

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RATIO OF FERTILITY AND MORTALITY BY REGION IN JAN-MAY 2021

RATIO OF FERTILITY AND MORTALITY BY REGION IN JAN-MAY 2021

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7,100 FARMLAND SALE TRANSACTIONS CONCLUDED IN UKRAINE AFTER MARKET LAUNCH

Since the launch of the land market on July 1 and as of the morning of August 16 in Ukraine, a total of 7,100 transactions of agricultural land purchase for agricultural plots with a total area of ​​14,830 hectares were held, Poltava and Kharkiv regions are leaders in the number of concluded agreements, the Ministry of Agrarian Policy and Food reported on the website on Friday, August 13.
It is reported that Poltava region is in the lead in terms of the total area of ​​sold land plots with an indicator of 1,740 hectares, followed by Kharkiv (1,710 hectares), Dnipropetrovsk (1,230 hectares), Kirovohrad (1,210 hectares) and Kherson (1,100 hectares) regions.
The Ministry of Agrarian Policy also said that during this period, 5,240 applications for access to the State Land Cadastre for the purpose of online verification of land plots purchase legality were received from notaries. Among them 4,590 applications were agreed, 49 applications are in the queue for consideration, 0,600 applications denied access. In total, there are more than 6,000 notaries in the country.
As reported, the agricultural land market launched in Ukraine as part of the government’s land reform began operating on July 1. At the first stage of the reform, only citizens of the country will be able to buy and sell land plots. One individual will be able to dispose of no more than 100 hectares.
The right to purchase agricultural land on January 1, 2024 will be given to legal entities established in accordance with the legislation of Ukraine, while the final beneficiary of one or more legal entities will be able to consolidate through them a total of not more than 10,000 hectares.

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ZAPORIZHIA IRON ORE PLANT RAISES IRON ORE PRODUCTION

Zaporizhia Iron Ore Plant (Dniprorudne, Zaporizhia region) in January-July this year increased iron ore production by 7.5% compared to the same period last year, to 2.84 million tonnes (in January-July 2020 – some 2.642 million tonnes).
The company told Interfax-Ukraine that during this period, 2.705 million tonnes of products were shipped to consumers. At the same time, 423,000 tonnes of ore were mined in July, and 385,900 tonnes were shipped to consumers.
Zaporizhia Iron Ore Plant sells its products to metallurgical enterprises in Slovakia, the Czech Republic, Austria and Poland, as well as to Zaporizhstal metallurgical plant in Ukraine.
The main shareholders of the plant are Slovak company Minerfin, a.s. with 51.1697%, Zaporizhstal with 29.5193%, and Czech KSK Consulting, a.s. with 19.0632%.

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BIDEN, ZELENSKY TO MEET ON AUG 31

The meeting of the Presidents of Ukraine and the United States, Volodymyr Zelensky and Joseph Biden, will take place on August 31 in Washington, Ukrainian Foreign Minister Dmytro Kuleba has said.
“In connection with the extension of the elements of the visit program, the meeting of the heads of state of Ukraine and the United States, Presidents Biden and Zelensky, will take place on August 31,” Kuleba said at an online briefing on Thursday.
The minister said that it was agreed to postpone the date of the meeting, in particular, due to the fact that the format of the meeting of the presidents was expanded, and now it will envisage not only a meeting of delegations, but also a face-to-face meeting. According to him, the head of the Ukrainian state will begin a visit to the United States at the invitation of the President of the United States on August 30 and will visit not only the capital of Washington, but also the state of California.
“The agenda will include a number of important events in Washington DC and the state of California. These are two basic points for the president’s visit. No president of Ukraine has been so far in the United States before, never visited another U.S. coast in the Pacific Ocean, although it is the state of California where the largest IT companies, high-tech space industry is located, and this is exactly where Ukraine has strong trump cards,” he said.
Kuleba added that the president would visit the state of California to create new opportunities for interaction between the United States and Ukraine in these areas and attract new U.S. investments in the Ukrainian economy.

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THE INDEPENDENCE DAY OF UKRAINE WILL BE CELEBRATED IN A BIG WAY NEAR KYIV

On August, 21, 22, 23 and 24 Ancient Kyiv in the Principality of Kyivan Rus («Kyivan Rus Park») invites to a grandiose celebration of the Independence Day of Ukraine. A bright show-program on historical theme, horse-trick performances, Slavic amusements, master-classes, tasty dishes prepared on open fire, horse riding and much more from the life of Kyivan Rus will be waiting for the guests.
Ancient Kyiv opens at 10:00. The program starts at 14:00.
The ticket price: a full adult ticket – 230 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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