The international investment company Millstone & Co with offices in Ukraine and Poland has become a co-owner of Prydniprovska BioTES LLC (Kyiv) with a 25% share of the authorized capital and intends to increase it to 50%, the company said on Tuesday with reference to Senior Project Manager of Millstone & Co Andriy Bozhenko.
“At the first stage, which already took place at the end of last year, 2020, we received 25%, and after the decision of the Antimonopoly Committee of Ukraine we will receive another 25%,” he said, commenting on the agreement, which provides for two stages of Millstone & Co’s entry into the authorized capital of Prydniprovska BioTES.
In the public register, the owners of Prydniprovska BioTES are Ihor Tynny investing in renewable energy sources with 5.67% and the Memphis venture fund of his father Vladyslav Tynny with 10%, venture funds Avant and Accent of developer Ihor Nikonov with 20%, Oleh Boiko (through Finance Elite Company LLC) with 25.1%, DATE Investment Management Limited (Cyprus) with 24.9% and Hanna Popruha with 13.33%.
Bozhenko said that investments in the construction of a new thermal power plant in Tokmak, Zaporizhia region with a total power generation capacity of 8.6 MW and heat energy of 28 MW were almost EUR 10 million, half of which came from Millstone & Co. By the time the plant is put into operation, it is planned to invest another EUR 3-4 million, he said.
According to Millstone & Co, the TPP will start operating in the second half of this year.
Millstone & Co is a private investment company providing investment services to clients. It has offices in Warsaw, Krakow and Kyiv.
Retail turnover in Ukraine by regions in Jan-Oct 2020 (UAH MLN).
The Cabinet of Ministers of Ukraine has introduced changes to decree of December 9, 2020 No. 1236 “On the establishment of quarantine and the introduction of restrictive anti-epidemic measures in order to prevent the spread in Ukraine of the acute respiratory disease COVID-19 caused by the SARS-CoV-2 coronavirus” that lax trade.
Corresponding decree of January 5, 2021 No. 9 was published on the government website on Thursday evening.
In particular, according to the decree, the government allowed the sale of household chemicals, periodicals, collection and storage of waste.
The Cabinet of Ministers of Ukraine, as part of the implementation of presidential decree No.53 on the concept of combating terrorism in Ukraine dated March 5, 2019, approved a new action plan for the implementation of this concept, which refers to increased state control over the import, registration, production and use in the country of unmanned aircraft systems.
The relevant document was made public on the government website.
“To take measures to implement, within the competence, enhanced state control over the import, registration, production and use of unmanned aircraft systems in Ukraine in order to prevent the use of such systems for terrorist purposes,” the Cabinet of Ministers said in the plan. According to the text of the document, these measures were instructed to be carried out by the State Customs Service, the State Aviation Administration, the State Border Guard Service, the Ministry of Defense, the Ministry of Internal Affairs, the Security Service of Ukraine (by agreement), the Foreign Intelligence Service (by agreement), the Economy Ministry, and other interested public agencies (by agreement).
Map of internet coverings of basic mobile operators.
More than 7,500 entrepreneurs throughout Ukraine have already used the Affordable Loans 5-7-9% program, and in 2021 it will continue and expand, Prime Minister Denys Shmyhal has said.
“As of now, more than 7,500 different businesses across the country have received more than UAH 17 billion. A mechanism of government portfolio guarantees for small and medium-sized entrepreneurs has been introduced, when the government provides up to 80% of the loan. Tax holidays for private entrepreneurs of the first group also continue. Until June, they are exempt from paying a unified social contribution,” the prime minister said on Thursday.
