Business news from Ukraine

Business news from Ukraine

UKRAINIAN CABINET EXTENDS PILOT PROJECT FOR ORGAN TRANSPLANTATION FOR 2020

Ukraine’s Cabinet of Ministers has extended a pilot project for organ transplantation for 2020.
“This will allow agreements to be concluded with all licensed institutions providing medical services,” Ukrainian Prime Minister Oleksiy Honcharuk said on Telegram.
According to the wording of the resolution, published on the Cabinet’s website, all medical institutions that have a license to provide organ transplantation services were included in the list of participants in the pilot project.
In addition, the Cabinet authorized the use of funds to pay for a hematopoietic stem cell transplant from abroad, as well as allowed prepayment of organ transplantation services and the use of the remaining funds of 2019 in 2020.
“We are improving the transparency of procedures for treating Ukrainians abroad, we are laying down financing for such an opportunity for our people, and we are also strengthening the fight against HIV/AIDS and tuberculosis in Ukraine,” he said.

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PAEK GROUP SEEKS TO BUY SILO IN UKRAINE

Pivdenna Agrarian-Export Company (PAEK, Mykolaiv) plans to acquire Buhsky Elevator LLC (Poltava from one of the largest Ukrainian agricultural holdings Kernel.
According to an agenda of the meeting of the Antimonopoly Committee of Ukraine, the committee could permit Pivdenna Agrarian-Export Company LLC to acquire a stake in the charter capital of Buhsky Elevator, which will grant over 50% of the votes in the management body of the company.
In addition, PAEK asked for a permission to acquire assets in the form of property complex belonged to Agroprosperis Trade LLC (Vinnytsia) via Rozdollia LLC (Mykolaiv region), which would allow the company to primarily process and store grain in Mykolaiv region.
In August 2019, the co-owners of the PAEK group announced their plans to divide business.
At the end of September, the Antimonopoly Committee of Ukraine permitted Rostyslav Danylchenko and Yuriy Kormyshkin to divide assets.
After the division of business Kormyshkin owns a land bank of 50,000 ha and the grain storage facilities with a capacity of 200,000 tonnes.

VISA-FREE REGIME BETWEEN UKRAINE AND NORTHERN MACEDONIA TO START OPERATING FROM DEC 22

The visa-free agreement between Ukraine, Northern Macedonia will enter into force on December 22, 2019.
“To northern Macedonia without a visa on an ongoing basis: both short and long-term (immigration) visas have been cancelled!” said State Secretary of the Ministry of Foreign Affairs of Ukraine Andriy Zayats on his Twitter page.
The agreement provides for visa-free travel with biometric passports for a short stay (up to 90 days during 180 days), cancellation of long-term visas for stays of more than 90 days for the purpose of employment, study, family reunion and/or immigration.
In addition, according to the agreement, it is possible to apply for other categories of long-term visas free of charge.

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IMPORT OF ELECTRICITY TO UKRAINE FIRST SINCE LAUNCH OF NEW MARKET EXCEEDS EXPORT

The total volume of imported electricity in November 2019 first since the launch of the new electricity market exceeded the total volume of exported electricity – by 5%, the press service of national energy company Ukrenergo has reported. At the same time, the total import volume amounted to 661,000 MWh, the total export volume reached 629,000 MWh, the company said. According to Ukrenergo, 370,600 MWh were imported into the Burshtyn TPP, and 290,400 MWh to the Integrated Power System (IPS) of Ukraine.
At the same time, Ukrenergo said that in order to ensure balance and operational security of the power grid, the company limited the planned import of electricity. As a result, in November, imports from Belarus were limited by 46% (from 294,700 MWh to 157,800 MWh), by 34% from Russia (from 201,500 0 MWh to 132,600 MWh), and by 1% from countries importing into the Burshtyn TPP (from 374,900 MWh to 370,600 MWh).
According to the company, in November 2019, imports increased by 10% compared with October (from 601,000 MWh to 661,000 MWh), compared to July – by 140% (from 274,600 MWh up to 661,000 MWh).
According to Ukenergo, the largest increase in electricity imports was recorded from Hungary – almost doubled. At the same time, imports from Slovakia increased by 8% and from Russia by 4%.
Electricity export from the Burshtyn TPP amounted to 483,700 MWh, while supplies to Romania almost tripled.
Exports from the IPS of Ukraine amounted to 145,200 MWh.
According to Ukrenergo, the IPS of Ukraine exported electricity to Poland and Moldova.

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UKRAINIANS OPPOSE LEGALIZATION OF GAMBLING

The majority of Ukrainian citizens do not support legalization of gambling in the country, according to a poll conducted by the Kyiv International Institute of Sociology (KIIS) on December 1 through December 12 as part of the KIIS Omnibus regular multi-targeted population survey.
To the question “Do you support the legalization of the gambling business?” 56% of respondents said they did not fully support it. Another 19% of respondents support the legalization of gambling, but on condition that special gambling zones are made for this or the places are localized. Only 18% of respondents fully support the legalization of gambling.
At the same time, the respondents were asked what games can be legalized in Ukraine. Almost half of the respondents (49.7%) believe that they can be lotteries, 22.1% – bookmakers’ odds, 18.7% – casinos, 9.5% – online casinos, 6.9% – gambling with cards. Some 37% said that none of the gambling can be legalized in Ukraine.
According to the results of the study, 52% of the inhabitants of Ukraine react negatively about the fact that President Volodymyr Zelensky approves the legalization of gambling. 35% of respondents have a positive attitude to this initiative of the president. 62% of respondents know that several bills on the legalization of gambling are under consideration in the Verkhovna Rada.
The survey was conducted in 110 populated settlements (PSU) in all regions of Ukraine, except for Crimea and the uncontrolled areas of Donetsk and Luhansk regions. During the field stage, 2,043 questionnaires were collected. The statistical error of the sample (with a probability of 0.95 and with a design effect of 1.5) does not exceed 3.3% for indicators close to 50%, 2.8% for indicators close to 25%, 2.0% for indicators close to 12%, and 1.4% for indicators close to 5%.

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SUGAR PRODUCTION IN UKRAINE AMOUNTES TO 1.375 MLN TONNES

Sugar production in Ukraine as of December 17, 2019 amounted to 1.375 million tonnes.
According to the Ukrtsukor National Association of Sugar Producers, in the 2019/2020 season some 31 sugar plants were operating. To date, they have processed 9.11 million tonnes of sugar beets.
As reported, the sugar season in Ukraine started on September 1.
Sugar production in the 2018/2019 season decreased by 15% compared with the previous agricultural year, to 1.82 million tonnes.

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