Business news from Ukraine

Business news from Ukraine

ORTHODOX JEWISH CHAMBER OF COMMERCE (NEW YORK) ASKS UKRAINIAN PRESIDENT ZELENSKY TO CLEAN UP LOCAL CORRUPTION IN UMAN

Founder and head of the Orthodox Jewish Chamber of Commerce (New York) Duvi Honig has called on Ukrainian President Volodymyr Zelensky to take measures to clean up corruption among local officials in Uman, Cherkasy region and in so doing resurrect the city as one of the largest Jewish spiritual centers. Honig said during a press conference at the Kyiv-based Interfax-Ukraine news agency on Friday that for more than 10 years the Jewish religious community of the Bratslav Hasidim has been fighting for the right to build a Jewish memorial complex in Uman. He said a synagogue with a capacity of 30,000 is also planned.
He said in 2008, a one-hectare land plot was leased for 49 years to the community for the construction of the facility. A detailed plan of the territory allocated for the construction of the center was then developed. However, he said local authorities began to demand a bribe for approving the construction plan of the complex.

Honig said after the refusal to give a bribe, the purpose of the land on which the construction was supposed to be was changed.
“I would like to thank President Volodymyr Zelensky for saying that he wants to build little Jerusalem out of Uman, that he wants to stop corruption in Ukraine. I came to Uman and looked at what was happening there, sorted out the mayor, deputy mayor, created a committee or commission if necessary to monitor the situation […] how the purpose of the site was changed, because now the construction site has been stolen,” Honig said.

According to him, currently there are no opportunities for the construction of the memorial complex.
“In fact, there may be a good wave of investments that can help Uman and Ukraine prosper. […] But this may not happen precisely because of corruption,” he said.
As reported, Israeli Prime Minister Benjamin Netanyahu will visit Kyiv on August 18-20. He is expected to meet with Zelensky during his trip.

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SWEDISH OWNER OF H&M TO OPEN STORE AT RIVER MALL IN KYIV

The Swedish owner of the clothing chain Hennes & Mauritz AB (H&M) will open a third store in Ukraine at River Mall shopping and leisure center at 12 Dniprovska Naberezhna Street on September 12.
As a press service of River Mall’s broker Colliers International (Ukraine) reported, the two-storey store with an area of 2,900 square meters will be designed in a new interior concept.
According to the broker, H&M Sport men’s collection will be on display in the new store for the first time in Ukraine.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 16/08/19

National bank of Ukraine’s official rates as of 16/08/19

Source: National Bank of Ukraine

FORMER WORLD CRUISERWEIGHT CHAMPION OLEKSANDR USYK TO MAKE HEAVYWEIGHT DEBUT IN CHICAGO

Former world cruiserweight champion Oleksandr Usyk (16-0, 12 KOs) will make his heavyweight debut at Wintrust Arena in Chicago on October 12, ZN.UA has reported, quoting manager Egis Klimas. The name of the opponent has not been disclosed yet.
Usyk was to make his heavyweight debut on May 25, but the fight against Carlos Takam (36-5-1, 28 KOs) was postponed due to Usyk’s injury. It was reported that the postponed fight would take place in October, but the Cameroonian boxer signed a contract with the Star Boxing promotion company, which could dramatically change the boxer’s plans.
Last November, Usyk successfully defended his titles, defeating Briton Tony Bellew in Manchester. Later, the Ukrainian gave up his cruiserweight belts and decided to move to heavyweight.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF AUGUST 16

Official rates of banking metals from national bank as of Аugust 15

One troy ounce=31.10 grams

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IBM GETS NEW CEO IN UKRAINE

IBM Corporation (the United States) has appointed Bohdan Khoroschak new director general of the company in Ukraine from August 13, 2019, according to the website of the company. “I am very pleased to be able to scale my experience in IT services for the benefit of IBM customers throughout the ecosystem in Ukraine. They increase business efficiency by implementing the most advanced solutions, taking advantage of open source technologies and multi-cloud environments,” the company quotes Khoroschak as saying.
Khoroschak has been working in IT-industry for 14 years. He deals with business development, sale management and consulting.
In 2012, Khoroschak appointed as IBM’s trade representative in Ukraine. Through 2014-2015, he became head of corporation’s software department; within 2015-2017 he chaired section of digital sales and updating of software licensing in the states of Central and Eastern Europe; and since November 2017 and until nowadays he managed technical service department in Ukraine.
His predecessor Valeriy Shliakhov held the post since January 2018.
IBM is an American company headquartered in Armonk. It is one of the world’s largest manufacturers and suppliers of hardware and software, as well as IT and consulting services.

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