Business news from Ukraine

Business news from Ukraine

FRENCH DECATHLON TO OPEN STORE IN ODESA

Decathlon Ukraine in June will open a store in the Riviera shopping center (Odesa) with an area of about 3,000 square meters, director general of the company Florent Guieu said in an interview with the Interfax-Ukraine agency.
“We are opening in the Riviera shopping and entertainment center in Odesa in June. There are about 3,000 square meters. Today it will be the largest store in the chain in Ukraine,” he said.
According to him, Decathlon Ukraine intends to open stores in all major cities. Locations in Lviv, Dnipro, Kharkiv, as well as two or three sites in the capital are being actively discussed. We are considering premises with an area of 2,000-3,000 square meters in locations with good transport links.
“Our requirements for the capital involve location not far from the metro. At the same time, we are extremely attentive to the quality of the project and the quality of the partner – our values must coincide,” Guieu explained.
According to him, at least two more Decathlon Ukraine stores will be opened next year. “But I will want to open all four. We also have many projects at the concept stage,” he added.

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GREECE STILL BANS UKRAINIAN TOURISTS FROM ENTERING COUNTRY

As of Friday, May 14, the Greek government did not make a decision on allowing Ukrainian citizens to enter the country for tourist purposes, the Ukrainian Embassy in Greece reported.
“As of May 14, 2021, the Greek government has not made a decision on the entry of Ukrainian citizens into Greece for tourist purposes!” the embassy said on its page on Friday.
The embassy informed that changes in the regime of entry of Ukrainian citizens to Greece will be immediately posted on the website and Facebook page of the Ukrainian Embassy in Greece.
As reported, in mid-April, the Greek authorities canceled the compulsory quarantine for travelers from the EU and the Schengen area. In addition, the quarantine was canceled for those entering from the UK, U.S., UAE, Serbia and Israel.

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BASIC INDICATORS OF SOCIAL AND ECONOMIC DEVELOPMENT OF UKRAINE

BASIC INDICATORS OF SOCIAL AND ECONOMIC DEVELOPMENT OF UKRAINE

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BRITISH COMPANY ENGAGED IN PROVIDING ASSISTANCE TO TRANSFORM UKRAINE’S COAL REGIONS

International consulting company Environmental Resources Management (ERM, the United Kingdom) will provide assistance to the Energy Ministry in the implementation of the program for the transformation of coal regions, the Energy Ministry said on its website on late Thursday. According to the report, ERM, which specializes in drafting sustainable development projects, presented a draft plan for a pilot project for the transformation of coal regions on May 13.
It is noted that in preparation for the project, British and Ukrainian specialists must determine the coal region where the pilot project will be implemented, conduct preliminary consultations with stakeholders and develop a transformation plan directly by late March 2022.
The program, which provides for drafting a project for a fair transformation of one of the coal regions of Ukraine, is funded by the British government, the Energy Ministry said.
As reported, in March this year, the Canadian mining company Black Iron, which is implementing a project to create a new iron ore project in Kryvy Rih (Dnipropetrovsk region), announced the involvement of Environmental Resources Management to conduct an environmental and social impact assessment (ESIA).
ERM was selected to lead this ESIA based on their highly regarded global reputation of expertise in this field that includes several successful projects also conducted in Ukraine.
ERM has over 140 offices globally with headquarter in London.
In the second half of March, the Energy Ministry, headed at that time by Yuriy Vitrenko, withdrew for revision the concept of reforming the coal industry, which envisages, in particular, the merger of promising mines with PJSC Centrenergo and subsequent privatization and liquidation of unprofitable enterprises.

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OPEN4BUSINESS HELPS FOREIGN BUSINESSES TO SEARCH FOR OPPORTUNITIES AND EXPAND TO UKRAINIAN MARKET

Open4Business is a platform created to help foreign businesses to search for opportunities and expand to Ukrainian market.
The platform and related organizations provide a holistic set of services needed to successfully penetrate the Ukrainian starting from establishing foreign trade relations with local companies and up to establishing a subsidiary or acquiring a company in Ukraine.

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info@open4business.com.ua
tel./fax: +38(067)970-52-59

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