Business news from Ukraine

Business news from Ukraine

UKRAINE TO IMPLEMENT STRATEGY OF REFORMING PUBLIC ADMINISTRATION

The Cabinet of Ministers of Ukraine approved the strategy for reforming the public administration of Ukraine for 2022-2025, as well as an action plan for the implementation of this strategy.
The relevant decision was made at the Wednesday government meeting.
“The new strategy is a continuation of the previous stage of implementation of public administration reform and is based on the results of the assessment of the government of public administration in Ukraine, carried out by experts from the Support for Improvement in Governance and Management (SIGMA),” Minister of the Cabinet of Ministers Oleh Nemchinov said in the Telegram channel.
According to him, some 82% of the surveyed citizens consider the reform of public administration important, some 65% of citizens are satisfied with the service in the centers for the provision of administrative services.
“At the same time, the introduction of the general administrative procedure, the reform of remuneration in the civil service and a number of other aspects requires implementation,” he said.
The main goal of the strategy is to build a capable service and digital state in Ukraine that protects the interests of citizens based on European standards and experience.
The expected results of the public administration reform until 2025 include ensuring the provision of high quality services and the formation of a convenient administrative procedure for citizens and businesses; formation of a professional and politically neutral public service system focused on protecting the interests of citizens; development of effective and accountable to citizens of public institutions that form government policy and successfully implement it for the sustainable development of the country.

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US TO RETURN JEWISH ARTIFACTS STOLEN BY NAZIS TO UKRAINE

The United States will return to Ukraine, Romania, Hungary and Slovakia funeral scrolls and manuscripts stolen by the Nazis from Jewish synagogues and homes in Europe during the Holocaust, according to the website of the U.S. Department of Justice.
“Countries will return 17 funeral scrolls, manuscripts and other historical documents dating from the middle of the 19th century to the Second World War. They were confiscated from Jewish communities and disappeared during the Holocaust. The artifacts were found through a Brooklyn auction house that offered them for sale,” the U.S. Department of Justice said.
It is noted that the artifacts contain invaluable historical information that belongs to the descendants of families who lived in Jewish communities before the Holocaust.
At first, the artifacts were going to be auctioned in New York, but they were confiscated.
The auction house Kestenbaum&Company, in consultation with the World Jewish Restitution Organization, removed the artifacts from the auction.

UKRAINIAN CITIES ODESA, LVIV, NOVOMOSKOVSK, KHMELNYTSKY ATTRACT UAH 1.55 BLN LOANS

The city of Odesa in June this year attracted five-year loans from the state-owned Oschadbank, Ukreximbank and Ukrgasbank for a total of UAH 1.2 billion, and the cities of Lviv, Novomoskovsk and Khmelnytsky – three more five-year loans for UAH 350 million.
According to the information of the Ministry of Finance on its website, apart from Khmelnytsky, all loans were obtained at a floating rate pegged to the key policy rate of the National Bank of Ukraine.
In the case of Odesa, the loan price was the NBU key policy rate + 4.5%: Oschadbank and Ukreximbank each allocated UAH 450 million, and Ukrgasbank – UAH 300 million.
Lviv managed to attract funds the cheapest of all – UAH 220 million from Ukrgasbank at the NBU key policy rate + 2.5%, while the smaller city – Novomoskovsk (Dnipropetrovsk region) raised UAH 70 million from Ukreximbank at the NBU key policy rate + 5.3%.
Khmelnytsky was able to get UAH 60 million from Ukrgasbank at 11.9%.

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN- APRIL 2021

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN- APRIL 2021

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UKRAINE IN JUNE INCREASES STEEL PRODUCTION BY 3.4%

Following the results of the work of metallurgical enterprises in June 2021, Ukraine increased steel production by 3.4% compared to the same period in 2020, to 1.870 million tonnes, remaining in the 14th place in the ranking of 64 countries – the main world producers of these products compiled by the World Steel Association (Worldsteel).
In June, an increase in steel production versus June 2020 was recorded in all countries of the top ten.
The top ten steel-producing countries in June 2021 was as follows: China (93.880 million tonnes, an increase of 1.5% compared to June 2020), India (9.362 million tonnes, an increase of 21.4%), Japan (8.108 million tonnes, an increase of 44.4%), the United States (7.144 million tonnes, an increase of 44.4%), Russia (6.350 million tonnes, an increase of 11.4%), South Korea (5.969 million tonnes, a rise of 17.3%), Germany (3.421 million tonnes, an increase of 38.2%), Turkey (3.355 million tonnes, an increase of 17.9%), Brazil (3.120 million tonnes, an increase of 45.2%) and Iran (2.470 million tonnes, an increase of 1.9%).
They are followed by Italy (2.179 million tonnes, an increase of 20.1%), Vietnam (1.970 million tonnes, an increase of 42.8%), Taiwan (PRC, 1.875 million tonnes, an increase of 11.2%), Ukraine (1.870 million tonnes). tonnes, an increase of 3.4%) and Mexico (1.640 million tonnes, a rise of 48.1%).
In general, in June this year, steel production grew by 11.6% compared to the same period last year, to 167.920 million tonnes.
In general, in H1 2021, 64 countries produced 1.004 billion tonnes of steel, which is 14.4% more than in the same period last year.

SPAIN OPENED FOR UKRAINIANS

Spain will open for citizens of Ukraine on July 27 in accordance with the recommendations of the EU Council, Ukrainian Foreign Minister Dmytro Kuleba said.
“Spain will open for Ukrainians from July 27 in accordance with the decision of the EU Council. Visa-free travel returns. Freedom of travel for Ukrainians is among the priorities of the Foreign Ministry,” Kuleba wrote on his page in Twiiter on Saturday.
The minister said that upon entering the country, it is necessary to present a certificate of complete vaccination or a fresh negative test for COVID-19.