The National Securities and Stock Market Commission of Ukraine in the last days of 2020 registered the issue of shares of JSC closed-end non-diversified venture corporate investment fund CIG, the beneficiary of which is managing partner of Chernovetskyi Investment (CIG) Volodymyr Kryvko.
According to the public register, the charter capital of the fund is UAH 706 million.
The asset management company (AMC) for the new CIG fund is AMC Univer, on the website of which it is listed among the other 25 similar venture funds.
Chernovetskyi Investment Group, president of which is the son of former Kyiv Mayor Leonid Chernovetsky Stepan, is an investment company established in 2012, positioning itself as a venture investor in Eastern Europe and estimating its investment potential at $100 million.
The Ukrainian League of Industrialists and Entrepreneurs (ULIE) is concerned about the latest decision of the Supervisory Board of JSC Ukrzaliznytsia to cancel the establishment of the UZ-Cargo freight branch.
According to a statement issued by the ULIE on Thursday evening, the decision in fact suspends the reform of Ukrzaliznytsia and blocks the planned capital investment in infrastructure, in particular, in the renewal of the freight car fleet.
In addition, the ULIE said that the decision of the supervisory board to stop financing the construction of new cars at the expense of the state will lead to the inability to absorb budget funds by the end of the year, which, in turn, will prolong the problem of critical wear of rolling stock and losses for export-oriented industries. This will negatively affect the national manufacturer in the field of transport engineering.
“Thus, ULIE expresses its concern about stopping the reform of Ukrzaliznytsia and calls on the Cabinet of Ministers of Ukraine as the main shareholder of the state-owned company to intervene in the situation and prevent growing confrontation between the supervisory board and the management board of Ukrzaliznytsia,” industrialists and entrepreneurs said.
In their opinion, the government should pay special attention to the support of the national interests of Ukraine in general and those already made strategic decisions regarding the development of the domestic railway, in particular, when selecting members of the Ukrzaliznytsia’s supervisory board.
“Ukrzaliznytsia’s modernization should be based on the principles of economic patriotism and understanding of the strategic importance that the company has for the transport infrastructure and the Ukrainian economy, its development in general,” the press service of ULIE said, citing President Anatoliy Kinakh as saying.
Earlier, former Business Development Director of Ukrzaliznytsia Andriy Riazantsev said that the supervisory board at its meeting on February 1, 2021 decided to cancel the decision of the Board of Ukrzaliznytsia to establish UZ-Cargo.
The Ministry for Development of Economy, Trade and Agriculture of Ukraine included Rivne industrial park (Rivne region) with an area of 125.13 hectares, initiated by the Rivne regional state administration, in the register of industrial parks on February 1, 2021.
According to the information on the ministry’s website on Friday, the planned term of operation of the park, located on the territory of Mala Liubasha rural council of Kostopil district, is 40 years. It is planned to create 1,750 jobs.
Priority types of economic activity in the industrial park will be: woodworking and furniture industry; production of construction and heat-insulating materials; mechanical engineering; recycling of secondary resources.
According to a posting on the website of the Rivne Regional State Administration, the industrial park has already won the Golden Site 2020 contest, implemented by the Polish Investment and Trade Agency.
The press service of the ministry said that today, 46 parks are already included in the register of industrial parks, including 23, which selected management companies, and eight, which involved participants (10 participants in total).
In addition, industrial parks, which are not included in the specified register, are being created and are functioning, including four parks created before the adoption of the law of Ukraine on industrial parks.
Health Minister of Ukraine Maksym Stepanov told President Volodymyr Zelensky that today Ukraine received confirmation for the supply of 12 million doses of vaccines produced by AstraZeneca and Novavax, the presidential press service said.
“The sooner we receive vaccines, the faster we will overcome pandemics in Ukraine. I know that the Cabinet of Ministers is carefully working on the development of a website that will help Ukrainians to easily and conveniently register for vaccination. Like every Ukrainian, I look forward to the start of the vaccination process. Some 12 million doses is a good signal from our partners, and this will be enough to ensure vaccinations within the first months after the start of supplies,” Zelensky said.
Deliveries will take place from February 2021.
Thus, during a meeting with the president, Stepanov said an agreement had been reached on the supply of vaccines developed with the participation of AstraZeneca (Great Britain and Oxford University) and Novavax (the United States), which are produced under license agreements at the facilities of Serum Institute (India).
The confirmation received will be implemented through a contract between the Serum Institute and Crown Agents.
In October-December 2020, the Business Ombudsman Council (BOC) received 451 complaints on malpractice of state officials, which is 9% more than in the same period of 2019 and 3% more than in July-September 2020, the BOC reported on Thursday.
According to a Thursday press release, businesses complained the most about actions of tax authorities (64%), law enforcement bodies (12%), state regulators (7%), customs and local government authorities (7%).
“Among the most common tax problems for businesses were tax invoice suspension (177 complaints) consisting of three types of issues: classical tax invoice suspension (100 complaints), inclusion of entrepreneurs in “risky” taxpayers’ lists (29 complaints) and non-enforcement of judgments on tax invoice registration (48 complaints),” the BOC said.
At the same time, actions of law enforcement bodies (56) were one of the reasons for the increase in the number of business complaints in the reporting quarter. The number of business complaints against the State Security Service of Ukraine (SBU) in Q4 2020 was the largest in the last ten quarters, the BOC said.
“In particular, entrepreneurs complained more about procedural abuses of the National Police and the State Security Service of Ukraine,” the BOC said.
National bank of Ukraine’s official rates as of 08/02/21
Source: National Bank of Ukraine
