UNISET LLC has acquired land in Bila Tserkva Industrial Park (a project of UFuture). The company will start constructing its office building as well as its production and warehouse facilities next year, with the first operational phase beginning in 2021.
“UNISET’s location is best suited to the industrial park ecosystem, as it will facilitate supply chains and co-operation between residents and bring about the creation of joint projects. This is where the added value of such parks becomes even more visible. We provide comprehensive support to our clients, access to our partners and encourage them to cooperate with each other,” Volodymyr Khmurych, director of the Bila Tserkva Industrial Park, said.
In the first phase, UNISET will create about 20 jobs. To implement its project, the company hopes to involve engineers and other tech specialists as well as graduates. In addition to administrative, warehouse, and production facilities, a training center will be established within the enterprise’s base to improve the knowledge and production skills of UNISET’s staff.
“We’ve spent two years searching for the land and eventually opted for a partnership with UFuture. The offer we received is the most agreeable option for us, and the land has a convenient location and meets the legal and technical criteria. The industrial park provides comprehensive support to our team and we hope to bring the project to life as soon as possible,” Yevhen More, director of UNISET, emphasized.
UNISET is the fourth resident of Bila Tserkva Industrial Park. Plank Electrotechnic, another resident, the first Ukrainian manufacturer of modern electrotechnic systems, is already in operation. Construction of innovative production of composite materials is in process. In 2020, the industrial park will begin erecting a large logistics complex.
ADDITIONAL INFORMATION
UFuture is a Ukrainian private equity firm and group of companies, based in Kyiv. UFuture consolidates UDP, which is a real estate development company specialized in large infrastructure projects, the country’s second biggest Kyiv Sikorsky international airport, national Ukrainian outdoor advertising operator RTM, and Bila Tserkva industrial park. The group develops new and innovative businesses such as renewable energy generator UDP Renewables, pharmaceutical producer Biopharma, and innovation parks UNIT.City and LvivTech.City. UFuture supports and coordinates numerous impact and sustainability projects related to education and economics, some of which are annual Kyiv International Economic Forum, Small and Medium Entrepreneurship School, cutting-edge IT coding school UNIT Factory and Lean Institute Ukraine.
Bila Tserkva Industrial Park is a large-scale investment project aimed at facilitating establishment of modern manufacturing in Ukraine. It is a one-window platform that allows producers to access all necessary assets, utilities and services and focus on the development of their businesses. The park offers industrial land and property with all engineering infrastructure for rent or purchase, turn-key solutions and a possibility of co-investment in manufacturing. Local market insight and substantial experience in real estate development allows the park’s team to provide clients with additional consulting services on setting up an efficient production.
UNISET specializes in the development and production of control cubicles (distribution cabinets, AVR boards, light panels, reactive power compensation units, asynchronous motor control cabinets) as well as production process automation systems, which are equipped with reliable components from the market leaders such as Eaton, Rittal, Danfoss, and Siemens. The company has considerable experience in implementing large-scale programs (more than twenty projects in Ukraine, Estonia, Bulgaria, and Kazakhstan). UNISET provides equipment, after-sales service support, develops and implements individual turnkey solutions for various industries, including machine-building, lighting, food, chemical, pharmaceutical, mining and mineral processing as well as agricultural complexes.
Ukrainian Prosecutor General Yuriy Lutsenko has signed a letter of resignation to Ukrainian President Volodymyr Zelensky.
“Letter to President of Ukraine Volodymyr Zelensky from the Prosecutor General of Ukraine Lutsenko. Please, dismiss me from the post of Prosecutor General on my own wish on the basis of Paragraph 1 of Part 1 of Article 42 of the law of Ukraine on the Prosecutor’s Office,” Lutsenko said, reading the text of the letter, after which he signed it.
The signing of the letter was broadcasted live on Thursday. The document was dated August 29, 2019.
The Danish pig breeding company Goodvalley (previously Danosha) with assets in Ukraine, Poland and Russia, in April-June 2019 achieved a net profit of DKK95 million that is 2.8 times more than for the same period last year. According to the company’s report posted on its website, a revenue in the second quarter of 2019 increased by 2.9%, up to DKK385 million, as a result of a rise of pig sales and an increase in the average price to DKK12.29 per kg (against DKK11.31 per kg in the second quarter of 2018). The volumes of pork sales in this quarter were lower: 48% and 47% of the group’s revenue, respectively.
EBITDA grew by 1.9 times, to DKK136 million, EBITDA margin to 35.2% from 19.6% in April-June 2018.
The pig breeding segment revenue in Ukraine saw 5.4% rise, up to DKK97 million based on moderately high sales and prices, in Poland it slightly decreased and amounted to DKK240 million, in Russia it grew by 11.6% to DKK48 million.
In the second quarter of 2019, Goodvalley sold 9,500 tonnes of pigs (live weight), which is more than over the same period a year ago (9,100 tonnes of pigs) with an average price DKK12.13 per kg (DKK11.66 per kg in Q2, 2018).
Goodvalley Ukraine is a pig breeding company established in June 2004 in the village of Kopanky, Ivano-Frankivsk region. In addition to pig breeding, the group is engaged in crop production, feed production, biogas and electricity generation in Ukraine.
It is part of the Danish group Goodvalley, which develops pig breeding complexes in Poland, Ukraine and Russia.
Health Ministry of Ukraine has initiated rescheduling of a pilot project on 2D coding (the special QR code on packages) of medicine packages, acting Health Minister Ulana Suprun said at a press conference on Wednesday. “Due to the need to bring 2D coding into line with the EU requirements, we will initiate amendments into the government’s decree, which envisaged the launch of a pilot project from September 1, 2019. Producers and government agencies were not ready for this,” she said.
According to Suprun, profile associations backed rescheduling of the project, in particular because Economic Development and Trade Ministry failed to work out the procedures for introduction of this system.
Director General of Health Ministry’s Pharmaceutical Directorate Oleksandr Komarida has reported that the required amendments now are being drafted for the respective government’s decree and by the end of the week they will be put for a public discussion.
According to Chairman of the Board of Directors of the Association of Manufacturers of Innovative Medicines Vitaliy Hordiyenko, the amendments will affect the content of the information that will be encoded.
He noted that at present production sites of foreign manufacturers had necessary equipment for applying coding, however, it is not used for medicines manufactured for Ukraine, since manufacturers do not know what information the code should contain.
As reported, the Cabinet of Ministers of Ukraine approved a pilot project on introduction of 2D control marking and monitoring of medicines, which is part of the Concept for the Implementation of the State Policy for Prevention of Medication Falsification.
As expected, the project to be fulfilled from September 1, 2019 to December 31, 2020.
Real wages in Ukraine in July 2019 increased by 9.5% year-over-year, while compared with June 2019 increased by 2.4%, the State Statistics Service has reported.
According to the service, the average nominal wage of full-time employees in July 2019 compared with the previous month increased by 1.7%, in annual terms – by 19.6%, reaching UAH 10,971.
The authority said that in June 2019 it amounted to UAH 10,783, in May – UAH 10,239, April – UAH 10,269, March – UAH 10,237.
According to the statistics department, the largest increase in the average wage of full-time employees in July 2019, compared with July 2018, was observed in Vinnytsia (24.8%), Mykolaiv (23.7%), Donetsk (23%), Kyiv (22.9%), Cherkasy (22.3%), Zaporizhia (22.1%), Dnipropetrovsk (21.8%), Rivne (21.6%), Ternopil (21.5%), Volyn (21%), Khmelnytsky (20.6%), Luhansk (20.2%), Chernivtsi (19.8%), Kharkiv (19.5%), Chernihiv and Sumy (19.1% each), Ivano-Frankivsk (18.6%), and Kherson regions (17.7%).
The highest level of wages in July was recorded in Kyiv city – UAH 16,249, and the lowest – in Kherson region (UAH 8,547). Meanwhile, the average wages of the employee in Donetsk region totalled UAH 12,010 and UAH 9,291 in Luhansk region (except for temporarily occupied territories).
In July 2019 compared with the same month of 2018, wages increased the most in agriculture (25%), industry (24.7%), administrative and support services (23.8%), in the field of IT and telecommunications (23.1%), in transport, warehousing, postal and courier activities (by 22%), building (20.7%), healthcare (20.7%), financial and insurance activities (18.5%), in the field of temporary accommodation and catering (18.1%), arts, sports and recreation activities (17.8%).
National bank of Ukraine’s official rates as of 29/08/19
Source: National Bank of Ukraine
