Business news from Ukraine

Business news from Ukraine

SERVANT OF THE PEOPLE GAINS 42%, OPPOSITION PLATFORM-FOR LIFE – 12% OF VOTES AFTER 25% OF E-PROTOCOLS PROCESSED

According to the data of 25.82% of the protocols processed, the Servant of the People Party with 42.03% of the vote, the Opposition Platform – For Life – 12.64%, European Solidarity – 8, 64%, Batkivschyna – 8.33%, Holos – 6.38% are passing to the Verkhovna Rada.
According to the CEC website, Radical Party with 4.08%, Strength and Honor, which gains 3.68% of the votes in Ukraine as a whole, Opposition Bloc – 3, 28%, and Svoboda – 2.35% don’t overcome the 5% barrier to parliament.

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TRANSPORT COMPANIES OF UKRAINE REDUCE PASSENGER TRAFFIC IN H1

The transport companies of Ukraine in January-June 2019 carried 2.137 billion people, which is 6.3% less than in the same period of 2018, the State Statistics Service has reported. According to its data, the passenger traffic of transport companies for the reporting period amounted to 52.2 billion passenger-kilometers, which is 3.8% more than in January-June last year. According to the State Statistics Service, in the first six months, 78.3 million passengers were transported by rail (taking into account the city electric train), which is 0.3% more than in January-June 2018, and 907 million passengers were carried by road (5.6% less).
Air transport increased passenger traffic by 8.3%, to 5.9 million people.
In addition, according to the State Statistics Service, in January-June 2019 some 313 million passengers used the services of trams (a decrease of 10% compared to the same period in 2018), 355 million travelled by subway (a decrease of 1.9%), and 477.6 million people used trolleybuses (a drop of 9.1%).
Passenger transportation by water increased by 4.5% compared with January-June 2018, to 200,000 people.
The service said the figures are given excluding the temporarily occupied territory of Crimea, Sevastopol and part of the temporarily occupied territories of Donetsk and Luhansk regions.

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VOTER TURNOUT AT UKRAINE’S PARLIAMENTARY ELECTION 19.24% AS OF NOON

Voter turnout at snap parliamentary election in Ukraine as of noon on Sunday was 19.24% according to data from 195 constituencies out of 199 constituencies all over the country, according to a posting on the website of the Central Election Commission (CEC) of Ukraine.
Turnout in Vinnytsia region was 18.68%, in Volyn region – 15.77%, Dnipropetrovsk region – 22.53%, Donetsk region – 21.62%, Zhytomyr region – 19.25%, Zakarpattia region – 12.32%, Zaporizhia region – 22, 96%, Ivano-Frankivsk region – 13.07%, Kyiv region – 19.46%, Kirovohrad region – 23.61%, Luhansk region – 25.37%, Lviv region – 13.86%, and Mykolaiv region – 20.72%.
Odesa region showed a turnout of 18.43%, Poltava region – 23.25%, Rivne region – 16.19%, Sumy region – 20.46%, Ternopil region – 15.19%, Kharkiv region – 21.53%, Khmelnytsky region – 20.48%, Cherkasy region – 22.67%, Chernivtsi region – 12.21%, Chernihiv region – 22.84%, Kherson region – 21.72%, and Kyiv City – 16.63%.

UKRAINIAN PRESIDENT VOLODYMYR ZELENSKY SEES ECONOMIST AS UKRAINIAN PRIME MINISTER

Ukrainian President Volodymyr Zelensky has said that he is holding consultations with people who he potentially sees at the post of the Ukrainian prime minister. He said that these are people who do not have a political past and who are professional economists.
“The Prime Minister … must be an absolutely professional economist who must have no political [past]. I would very much like this to be an absolutely independent person who has never been a prime minister, a speaker or a leader any [parliamentary] faction. I see this kind of person. Honestly, I will tell you. I am already holding consultations, talking … with some people,” Zelensky told reporters at a polling station on Sunday.
The head of state said that he has an unchanged position as for the issue of voiced requirements for the prime minister, but admitted that “some people who go to parliament now may not like it because they see themselves in this post.”

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AFTER UKRAINIAN PARLIAMENT ELECTION, AD HOC GROUP WILL PREPARE FIRST SESSION

The session of the Verkhovna Rada of the ninth convocation, according to the law, should take place no later than September 10, the parliament staff predict that the newly elected members of parliament will gather as soon as possible after the elections. After voting at the extraordinary elections of the Verkhovna Rada on July 21, the Central Election Commission (CEC) should within 20 days publish official results in the official newspapers Holos Ukrainy and Uriadovy Kurier with the list of elected parliamentarians.
According to the legislation, the Verkhovna Rada meets for the first session in the hall of the parliament no later than on the 30th day after the announcement of the voting results.
Thus, the first session of the parliament should take place before September 10.

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UKRAINE’S PRESIDENT DISCUSSES WITH CHINESE BUSINESS REPRESENTATIVES INVESTMENT POTENTIAL OF AROUND $10 BILLION

Ukraine’s President Volodymyr Zelensky has met with Chinese business representatives to discuss investment and the two sides made a preliminary list of joint projects with a potential investment of around $10 billion.
“The meeting attendees made a preliminary list of projects with an investment potential of around $10 billion, which Ukraine is planning to implement jointly with Chinese companies of private and public ownership. The projects will be coordinated by the national investment board led by the president,” the presidential press service said.
“We spend a lot of effort to attract investors to Ukraine. We are ready to protect investments. That requires a new parliament and government as well as our desire,” Zelensky told his guests.
He offered to discuss the potential investment in infrastructure development, agriculture and gas field development in Ukraine.
“One issue is to build a concession road around Kyiv,” Zelensky said.
For their part, representatives from a Chinese state corporation, which specializes in building military infrastructure, told about projects they could implement in Ukraine at their expense.
Representatives from a private Chinese company, which owns one of the world’s top 500 biggest banks, suggested a number of projects on infrastructure, agriculture, energy efficiency and financial services.

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