Baker Tilly Ukraine LLC from the Baker Tilly international audit network, has won a tender to select an auditor of consolidated statements of the Ukroboronprom state concern.
According to the ProZorro platform, where the auction was held on Thursday, Baker Tilly initially offered UAH 29.988 million for its services, while Ernst & Young LLC, its only rival, offered UAH 32.5 million, which corresponded to the starting price, and the total price amounted to UAH 29.336 million.
“This will be the first consolidated audit of the concern in the entire history of its existence,” the Ukroboronprom said in a statement.
The state concern said that earlier international audits were carried out only at individual enterprises –members of the concern. In particular, Baker Tilly Ukraine has already conducted an independent financial audit of the state-owned company for the export and import of military and special-purpose products and services Ukrspecexport, which is the largest Ukrainian special exporter and part of the Ukroboronprom group of companies.
Ukroboronprom recalled that the search for an auditor has been ongoing since 2017 and was unlocked in the summer of 2019, when Ukrainian President Volodymyr Zelensky reshuffled the concern’s supervisory board.
Sixteen hotels had received the hotel rating certificates issued by the Economic Development and Trade Ministry as of August 19, 2019. The respective information is outlined in data from the register published by the ministry on September 2. The following hotels were placed to the register: five star hotels Opera in Kyiv, California and Black Sea hotels (Odesa), Black Sea and Gold Buhaz (Hribovka of Odesa region), two four-star hotels: Black Sea in Odesa, Taor Karpaty in the village of Korotysche of Lviv region.
Seven three-star hotels, such as Reikartz Zaporizhia, Reikartz Kharkiv, Optima Rivne, Optima Cherkasy, Boryspil in the village of Hora of Kyiv region, Voskresensky in Sumy, Bon Hotel in Dnipro, one two-star Airport hotel in Boryspil and two one-star hotels, received respective certificates.
As reported, the assignment of stars to hotels was suspended on January 1, 2018 due to the termination of the certification authority UkrSEPRO.
Under the decree of the Cabinet of Ministers, the agencies, which are accredited by the National Accreditation Agency of Ukraine, are authorized to issue certificates to the hotels.
The European Bank for Reconstruction and Development (EBRD) will finance the modernization of infrastructure of JSC Ukrzaliznytsia via the purchase of eurobonds worth almost $100 million, Ukrzaliznytsia Board Chairman Yevhen Kravtsov wrote on his Facebook page. “Today we signed the framework agreement: the EBRD finances the Ukrzaliznytsia infrastructure project via an additional issue of eurobonds. We received up to $100 million exclusively for infrastructure modernization. Against the background of permanent headline-grabbing tenders for the purchase of anchoring beams, switches this is a signal to the market: tenders will be held in accordance with EBRD rules,” Kravtsov wrote.
He said that the funds raised will go exclusively for the purchase of materials. Ukrzaliznytsia will carry out the work on its own.
The head of Ukrzaliznytsia recalled that over the past two years, the company’s attention has been focused on updating the rolling stock and locomotive fleet.
“Now it is the turn of the railroad track. Firstly, it is safety, secondly, we will increase the throughput, and thirdly, it is a possibility of increasing speed in some sections for both freight and passenger trains, thereby reducing energy-consuming stops,” Kravtsov said.
He also thanked the EBRD and the new Cabinet of Ministers team for helping to implement this agreement.
Hungary’s low-cost airline Wizz Air has announced its plans in June 2020 to launch direct flights from Kharkiv and Lviv to Budapest (Hungary). According to a posting on the official page of the airline in the Facebook social network, the possibility of servicing the respective flights will appear thanks to the allocation of another state-of-the-art Airbus A321neo aircraft at the airline’s base in Budapest.
From Kharkiv the flights will be launched on June 1, 2020. According to a posting on the Kharkiv International Airport in the Facebook social network, they will be performed on Mondays and Fridays. The fare starts from UAH 289 (without luggage).
The launch of the flights from Lviv is scheduled for June 3, 2020. They will be performed on Wednesdays and Sundays. The fare starts from UAH 289 (without luggage), according to a posting on the Facebook page of the Lviv International Airport.
Jysk Ukraine LLC (Kyiv), developing the JYSK furniture and household goods store chain of Jysk Group (Denmark), plans next fiscal year (September 1, 2019 – August 31, 2020) to boost sales in Ukraine by 20% compared with the previous year figure. “We plan sales growth in the next fiscal year by 20% thanks to better service, better range of products choice and prices. In this case, we are talking only about growth in comparative stores. Plus, there is a plan to open 12 new stores,” Jysk Executive Director Yevhen Ivanitsa told Interfax-Ukraine.
According to him, the net sales growth (for comparative stores) of the network in Ukraine in 2018/2019 fiscal year amounted to 23.6%. In general, according to the results of the year, the gross increase in the network’s turnover amounted to more than 45%, being more than UAH 2 billion. Payment of taxes grew by a third, to UAH 200 million.
According to Jysk, last year the network expanded by 12 outlets and now has 54 stores in 25 cities of Ukraine.
President of Ukraine Volodymyr Zelensky has instructed the Cabinet of Ministers to ensure a gradual transfer of certain public services to an electronic form, simplify the procedure of their provision and introduce an effective control mechanism.
According to presidential decree No. 647/2019 of September 4 on some measures to ensure the provision of high-quality public services, the government should introduce new approaches to the establishment and operation of administrative service centers, in particular, switch the provision of administrative services in regional and district state administrations to the administrative service centers of local self-governance bodies on the basis of the co-financing by the state of relevant expenses with the provision of an appropriate network of these centers and the availability of such services with the subsequent elimination of the obligation to form such centers at district state administrations. In addition, to send part of payment for the provision of administrative services for the logistics of the centers and remuneration to the administrators of such centers.
The document also raises the question of the appropriateness of the further provision of administrative services by state and municipal enterprises. It is proposed to resolve the issue of payment for administrative services by introducing uniform principles for determining the size of administrative fees for the services, the procedure for its payment and use.
