Business news from Ukraine

Business news from Ukraine

KYIV REGION TO HOST INTERNATIONAL HORSE MARTIAL ARTS COMPETITION

On November, 2 and 3 the «Kyivan Rus Park» invites everybody to a grandiose event of autumn – the International horse martial arts festival «The Scythians».
The key event of the Festival will be the International horseback archery Championship. The best horseback archers from all over the world, including Turkey, Poland, Austria, Finland, Canada, Kuwait and Ukraine will take part in the competition.
The experienced sportsmen-virtuosos from different countries will compete in the traditional (historical) bow shooting accuracy on a horseback at full gallop. It is an incredibly difficult task for the competition participants and, at the same time, a thrilling spectacle for the viewers.
Also the guests of the Principality will see the demonstrative performances of actors-stuntmen of the horse-trick theatre on the virtuoso possession of different medieval weapon: swords, spears and sulitsas.
The sportsmen and the actors-stuntmen will perform in a tandem with the unique horses of historical breeds gathered from all over the world in the Princely stable. Some of these horses can be seen nowhere else in Ukraine because they were brought to our country in a single number. The horses can be palmed, taken a photo with, ridden on a horseback or in a carriage.
The guests of the Principality will be not only the viewers of the festival but will get a chance to become the active participants of the event and join the merry and interesting games, contests, Slavic amusements, fiery round dances and dance flash mobs.
Details on the website www.parkkyivrus.com
Ancient Kyiv opens at 10:00. The program starts at 13:30.
The ticket price: a full adult ticket – 250 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.
Route taxis leave from Kyiv from the «Vydybitchi» metro station.
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».

UKRAINIAN SEA PORTS AUTHORITY, COFCO AGRI RESOURCES UKRAINE AGREE TO ATTRACT UAH 1.3 BLN IN DEVELOPMENT OF MARIUPOL PORT

State-owned enterprise (SOE) Ukrainian Sea Ports Authority, COFCO Agri Resources Ukraine (the agricultural exporter), SOE Mariupol Maritime Merchandise Port and STT LLC signed a memorandum of cooperation to develop the Mariupol port during the RE:think. Invest in Ukraine forum, held in Mariupol on Tuesday.
Ukrainian Sea Ports Authority Head Raivis Veckagans, Ukrainian Infrastructure Minister Vladyslav Krykliy, Director of Mariupol Maritime Merchandise Port Oleksandr Oliynyk, COFCO Agri Resources Ukraine Director General Volodymyr Osadchuk and STT Head Volodymyr Sudeiko signed the document.
“The memorandum provides for the implementation of an infrastructure project in the port of Mariupol, which will ensure the attraction of a total of more than UAH 1.3 billion of investment in infrastructure development and increase cargo traffic by 2.3 million tonnes,” Krykliy said.
According to him, within the framework of this document, reconstruction of two berths, construction of the second stage of the grain terminal and the creation of a single transshipment complex of food and liquid food cargoes are also planned.
Veckagans said told Interfax-Ukraine that, in particular, within the framework of cooperation, an increase in the cargo flow of the Mariupol port in grain, meal and oil to 1.2 million tonnes is expected.
“Today, we see an increase in the agro-industrial business [in ports], which was smaller before and this leads to a better result. Business, for its part, and our customers are targeted for prospects and we must support this,” he said.

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OWNER OF THE DCH GROUP READY TO INVEST $100 MLN IN CONSTRUCTION OF NEW DONETSK AIRPORT

Ukrainian businessman, the owner of the DCH Group, Oleksandr Yaroslavsky is ready to invest $100 million in construction of a new Donetsk airport.
“I have been thinking for a long time and have decided to give $100 million and build a new airport in Donetsk. Considering that I understand this, our company has experience in both construction and operation, I am ready to build the new airport on the site of the completely destroyed old one,” he said in an interview with Interfax-Ukraine on Tuesday in Mariupol on the sidelines of the First Investment Forum.
Yaroslavsky said that the airport will become a symbol of the return of peaceful life.
The businessman said that the implementation of this project will be possible after the completion of the process of reintegration of the occupied territories of Donbas into Ukraine.

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PRESIDENT OF UKRAINE PROMISES TAX REFORM

Tax reform in Ukraine will start in 2021, Ukrainian President Volodymyr Zelensky has said during the RE:THINK. Invest in Ukraine investment forum in Mariupol.
“We will carry out a serious tax reform, which will begin in 2021,” he said.

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CHERKASYOBLENERGO INTENDS TO BUILD POWER GRIDS FOR CONNECTING SOLAR PLANT OF SCATEC SOLAR

JSC Cherkasyoblenergo intends to build two overhead power grids of 150 kV for connecting Greenteco LLC solar power station with a capacity of 55.4 MW (Chyhyryn district of Cherkasy region) to the 150/35/10 kV Orbita substation, according to the website of the unified register of environmental impact assessment.
It is also planned to reconstruct the 35 kV PRK-1 and PRK-2 grids to transfer them to a power of 150 kV.
Greenteco solar plant belongs to the Norwegian company Scatec Solar.
As reported, in July the European Bank for Reconstruction and Development issued a loan of EUR19.7 million to Greenteco solar plant for the construction of a solar station. The total project cost is EUR56.2 million.
In 2018, Scatec Solar established and acquired about half a dozen companies in Ukraine to carry out its solar plant construction projects. The company plans by 2020 to build about 400 MW of capacity in Ukraine.

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INTERNATIONAL COMPANIES INTERESTED IN CONCESSION OF UKRAINIAN PORTS

International companies are interested in concession of Olvia stevedoring company and Kherson maritime merchandise port, and four or five applications have arrived, Ukrainian Infrastructure Minister Vladyslav Krykliy said on the sidelines of the RE:think Invest in Ukraine forum opened in Mariupol on Tuesday.
“[Investors] are already applying for concession of the Olvia stevedore, Kherson port, although there is time until the end of December. There are already four or five applications [for both stevedore and port], and when we held the conference, we had about 30 participants, and two thirds of them are international companies not from the local market. So, the talks that our [Ukrainian] companies will come and take them into concession have not come true,” he said.
According to Krykliy, some of the companies interested in the concession have already invested in Ukraine and are ready to continue their work in the country.
“Among the companies that have already submitted applications, there are both foreign and Ukrainian investors… There are applications from China, Qatar, Singapore and several more,” the minister said.
As reported, the government announced the start of competitions for pilot concession projects in the port industry on September 12, 2019.

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