Business news from Ukraine

Business news from Ukraine

MINISTER OF FOREIGN AFFAIRS OF CANADA TO VISIT UKRAINE ON MARCH 4

Minister of Foreign Affairs of Canada François-Philippe Champagne will visit Ukraine with a working visit on March 4.
The visit will last until March 6, the press service of the Department of Foreign Affairs and International Trade of Canada reported.
“In Kyiv, Ukraine, Minister Champagne will meet with Volodymyr Zelenskyy, President; Oleksiy Honcharuk, Prime Minister; and Vadym Prystaiko, Minister of Foreign Affairs, to discuss the close ties between our two countries, the on-going threats to Ukraine’s security and territorial integrity as well as our support for economic and democratic reforms in Ukraine,” the press service said.
Minister Champagne will also speak with his counterpart about joint response of Ukraine and Canada to the Flight PS752 tragedy in Iran.
Champagne will also visit troops deployed to Operation UNIFIER at the International Peacekeeping and Security Centre in Yavoriv, Ukraine.

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RECORD-BREAKING SWIMMER MYKHAILO ROMANYSHYN WILL HOLD A TRAINING WORKSHOP ON THE SUBJECT: “THE COACH LEVEL, OR WHY OTHER PEOPLE EARN MORE?”

On Monday, March 2, at 13:00, the MaxEvents Educational Center invites you to attend an inspiring lecture on the subject: “The Coach Level, or Why Other People Earn More?” during which Mykhailo Romanyshyn will share his secrets of work as a personal trainer in premium fitness, increasing the cost of services and self-motivation. The record-breaking swimmer will speak about difficulties and negative thinking which interrupt financial development of athletes, as well as about the methods of attracting high paying clients.
Mykhailo Romanyshyn is a master of sports, who set the national record of Ukraine by swimming 985 kilometers along the Ukrainian stretch of the Dnipro River from the North to the South from Belarus to the Black Sea.
With a training experience of nine years, he has taught more than 500 people to swim. His training session costs UAH 1,000 ($40). His personal record is 196 training sessions per month and 15 per day.
Venue: MaxEvents Educational Center, Kyiv, 51/1a Vasylia Tiutiunnyka Street (formerly Henri Barbusse Street), Office 112, French Quarter Apartment Complex, Palats Ukraina Metro Station.
Contact phone number: +38 (095) 787 7787.
Participation fee: UAH 300.
The number of seats is limited. Do not hesitate to register.
Additional information:
www.maxevents.info
www.facebook.com/MaxEvents.Kiev
www.instagram.com/maxevents.kiev

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TAVRIA-V LAUNCHES ONLINE DELIVERY

Tavria-V LLC, which develops a network of eponymous supermarkets and is a part of the Tavria group of companies (all of them are located in Odesa), in collaboration with Zakaz.ua platform, launches goods online ordering service for goods from stores.
“From February 25, users of Zakaz.ua product delivery service in Kharkiv have the option to make purchases in another supermarket chain – Tavria V. Now, more than 15,000 items of food and non-food products are available for orders. During the next few months, the assortment will continue expanding with new products,” the Zakaz.ua press service said.
According to the press service, now, Zakaz.ua operates in Kharkiv on the basis of one store, located on 30 Gagarin Avenue.
“During 2020, it is planned to connect not only supermarkets of this network, but also other local players,” the company said.
The Tavria-V chain has been operating since 1992, as of February 2020, it consists of 95 retail outlets.
According to the unified public register of legal entities, private entrepreneurs and public organizations as of February 25, 2020, the participants of Tavria-V LLC were ultimate beneficiaries of the company Borys Muzalev (60%) and Mykhaylo Muzalev (40%).
The charter capital of Tavria-V LLC is UAH 40 million.
Zakaz.ua, the online delivery service, was founded in 2010 and operates in eight Ukrainian (Kyiv, Kharkiv, Dnipro, Odesa, Lviv, Zaporizhia, Vinniytsia, Zhytomyr), as well as in Moldova (Chisinau).
The company provides food ordering and delivery services from Metro, Auchan, Novus, MegaMarket, and Furshet retail chains.

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IMPORT OF FISH TO UKRAINE IN 2019 AMOUNTES 399,100 TONNES WORTH $753.2 MILLION

Import of fish, fish products and other aquatic biological resources in Ukraine in 2019 amounted to 399,100 tonnes for a total of $753.2 million, which is $117 million, or 18.5% more than in 2018, the State Fishery Agency has reported. In natural terms, according to data released by the Ukrainian Importers of Fish and Seafood Association (UIFSA) this week, import growth was 5%.
The association indicates that in 2018 the volume of imports in monetary terms increased by 20.5%, and in natural terms by 16%.
According to the agency, the main suppliers of aquatic biological resources to Ukraine (in natural terms) are Norway (80,000 tonnes for $205.4 million), Iceland (60,700 tonnes for $93.5 million), Estonia (39,600 tonnes for $16.8 million), the United States (30,700 tonnes for $67.6 million) and Canada (20,600 tonnes for $39.4 million).
Also, large volumes of fish products were delivered from Latvia, Spain, China, and the UK.
The agency said that about 80-90% of the volume of imports accounts for fish species, to which Ukraine does not have access, and are caught exclusively in the marine economic zones of other states.
“Basically, frozen fish or its fillets are imported to our country, which makes up 80% of imports. These products are mainly processed at domestic fish enterprises,” the agency said.

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ARCELORMITTAL PLANS TO INVEST $700 MLN IN MODERNIZATION OF EQUIPMENT IN UKRAINE

PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) plans to invest $700 million in modernization of equipment before 2023, CEO Mauro Longobardo has said.
“We have a specific plan focused specifically on protecting the environment. From 2020 to 2023, we plan to invest $700 million only on the environment,” he said during a presentation of the Ecology and Sustainable Development Committee under auspices of the European Business Association (EBA) on Tuesday, responding to a question of Interfax-Ukraine.
According to Longobardo, the company considers the new committee as a platform, including for discussions of a transition period for the transformation of the enterprise into a more modernized one.
The CEO of ArcelorMittal Kryvyi Rih said that the company plans to update the sinter plants and also invest in a new pelletizing factory.
“We plan to complete the repair and upgrade of two sinter plants by June 2021. The new pelletizing factory will take longer, at least 24 months is required from the moment we finalize negotiations with the contractor,” Longobardo said.

DONETSK FC SHAKHTAR REACHES 1/8 FINALS OF UEFA EUROPA LEAGUE

Donetsk Shakhtar Football Club has reached the 1/8 finals of the UEFA Europa League.
After defeating the Portuguese Benfica a week ago in Kharkiv with a score of 2:1, Shakhtar played a 3:3 draw in the second leg in Lisbon, which allowed them to advance to the next round of the tournament.
As a result, Shakhtar went further and will learn its next rival on Friday, February 28