The Business Activity Outlook Index (BAOI) with a BAOI reading above the neutral level of 50 implying a positive business outlook and below the neutral level implying a negative business outlook compared with the previous month grew by 2.1 points in September, to 56.6, the National Bank of Ukraine (NBU) said on Wednesday. “In September, all sectors approved the results of economic activity. Enterprises also expected growth in new orders, cost of contractor services and purchase prices. Companies that provide services were optimistic,” the NBU said in the study.
According to the results of the survey in September, the companies that provide services and industrial enterprises are the most optimistic, for which the index was 57.3 and 58.1 respectively.
According to the report, the largest increase in BAOI was seen in the construction sector – by 7.6 points (to 56.2), thanks to a significant increase in the optimistic expectations of enterprises regarding product prices, the emergence of expectations about the volume of purchases of raw materials and optimistic attitude about the increase in the number of employees in the field.
Along with the general increase in BAOI, the indicator fell by 1 point (to 54.5) in the field of trade. According to the results of the study, despite high estimates of trade turnover, expectations about the goods stocks remain pessimistic.
Former Ukrainian President Petro Poroshenko did not show up at the State Bureau of Investigations on Thursday, where he had been summoned to be questioned as a witness in an inquiry into the organization of the illegal crossing of the Ukrainian border. “Poroshenko did not appear for questioning on Thursday,” State Bureau of Investigations press secretary Anzhelika Ivanova told Interfax-Ukraine.
Poroshenko was summoned to undergo investigative procedures in a criminal inquiry regarding the possible organization of the illegal transfer of individuals across the Ukrainian border using fake documents, she said.
“Investigators from the State Bureau of Investigations will look into reports alleging that the ex-president arranged the illegal transfer [of individuals] across the Ukrainian border using knowingly false documents. In addition, it will look into the possibility that customs and border officials might have entered knowingly false information in official documents to ensure the crossing of the border,” the statement says.
The pretrial inquiry has been opened on counts of official forgery, illegal transfer of individuals across the Ukrainian border, and the use of a knowingly fake passport.
The case concerns Poroshenko’s trip to the Maldivian Islands.
UDP Renewables has launched the Port Solar solar power plant with a capacity of 8.6 MW in Izmail, Odesa region.
According to the press service of the company, more than 25,700 solar panels manufactured by Jinko Solar (the largest global manufacturer of solar panels) are installed on an area of 16 hectares. It is expected that the plant will generate about 11,800 MWh of electricity annually.
The co-investor in the facility is Slovakia’s E-Group, the general contractor is the Metropolia Group of Companies (Kyiv).
“Involving the experience of our partners, UFuture and UDP Renewables are working to ensure that energy production in Ukraine complies with the best global environmental safety and energy efficiency practices. Our goal is more than 300 MW by 2022. Now we are following the plan, gradually implementing projects in the regions with the highest solar activity – Odesa, Zaporizhia, Kherson and Mykolaiv regions,” the press service said, citing the founder of the UFuture investment group Vasyl Khmelnytsky.
The company also reported that Ukrainian-built equipment worth over UAH 44.5 million was used in the construction of this plant. The total amount of attracted investments amounted to EUR 6.75 million.
UDP Renewables is an investment and development company in the field of renewable energy. It is part of the UFuture investment group, which belongs to Khmelnytsky.
E-Group is part of the INDUSTRY investments sub-fund that invests in energy. It belongs to the portfolio of the qualified investors fund ZMJ SICAV.
On Oktober, 5 and 6 The Festival of Horse-Trick art «Centaurs» will take place in the «Kyivan Rus Park». In the program: the performances of the best horseback stuntmen of Ukraine with amazing tricks, horse trick riding competitions, demonstrative performances. And also the Ancient Kyiv theatre performances, interactive ancient Slavic amusements, horse riding, master-classes, dance flash mobs, museums and expositions, extreme attractions. In the evening – a bright fiery program with the shooting of fire balls from the Trebuchet. And all of these in a real, live, medieval city.
Ancient Kyiv opens at 10:00. The program starts at 14:00.
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 Open4Business 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».
American actor Tom Cruise has arrived in Kyiv at the invitation of Ukrainian President Volodymyr Zelensky.
Zelensky met with Cruise in his office on September 30, according to the website of the President’s Office.
“During the meeting, Cruise told Zelensky that he was interested in Ukrainian locations for the filming of one of his new film projects. This was another reason to visit our country,” the website said.
Zelensky, in turn, told Cruise about his experience working in cinema.
He noted that recently the Ukrainian parliament passed a law on compensation to foreign producers who make films in Ukraine. Zelensky said the law law would make Ukraine attractive for to international filmmakers for investment.
Ukraine’s parliament has adopted draft law No. 1071 on amending certain laws of Ukraine involving the development of activities in space and attracting investments to Ukraine’s space sector. The bill will allow private companies to engage in activities in space, including launching rockets into space. Some 308 members of parliament supported the adoption of the bill in its second reading and as a whole, including its technical and legal amendments, at a plenary session on Friday.
According to the explanatory note to the bill, the text of which was published on parliament’s website, the bill will ensure the creation of a competitive environment for the development of private property enterprises along with the public sector of the space industry, and will also help attract investment in Ukraine’s space industry.
According to the text of the document, the basic principles of space activities in Ukraine are: state support for the commercialization of space activities and attracting investments in Ukraine’s space industry, opening outer space for citizens and legal entities and the ability to freely explore and use outer space, including the use of outer space and the resources contained therein, with restrictions only when necessary to ensure compliance with national security interests.
The importance of promoting international cooperation, maintaining and developing existing international relations in the space industry, taking into account national interests, is also emphasized in the bill.
Under the new law, companies will not be required to apply for licenses to work in the space sector.
Currently, only state-owned companies can carry out activities related to testing, production and operation of space launch vehicles in Ukraine.
