President of Ukraine Volodymyr Zelensky has said Ukraine is awaiting ratification of the free trade agreement (FTA) by the new Knesset after the elections on September 17. “We expect the ratification of the free trade agreement by the new Knesset after the September 17 elections. This will allow increasing the volume of trade between our countries,” Zelensky wrote on his Facebook page on Monday evening following a meeting with Israeli Prime Minister Benjamin Netanyahu.
The president also noted that Ukraine and Israel had signed four important documents that will expand contacts between the countries in education, culture and sports. In addition, close cooperation in the agricultural sector is expected.
“I invited Israeli companies to come to work in Ukraine: to build roads and infrastructure, invest in medicine, education, energy saving and, of course, in IT. In the next five years we will grow rapidly, so Ukraine today is the most attractive place for strategic investors,” Zelensky said.
Coal reserves in the warehouses of thermal power plants (TPP) of energy generating companies in Ukraine as of August 19 stood at 753,400 tonnes, which is 46% (639,200 tonnes) less than a year earlier, according to data from the Ministry of Energy and Coal Industry. According to Interfax-Ukraine’s calculations, the reserves of anthracite currently amount to 262,800 tonnes, which is 8.1% (19,700 tonnes) more than last year. Gas coal reserves are 490,600 tonnes, which is 56.5% (659,000 tonnes) less than last year.
At the same time, coal reserves (anthracite and gas) in the warehouses of thermal power plants today amount to 164,600 tonnes, which is 50% less than a year earlier.
As reported, coal consumption by TPPs and combined heat and power plants in the country in 2018 increased by 5.7% (by 1.409 million tonnes) compared to 2017, to 26.22 million tonnes.
National bank of Ukraine’s official rates as of 21/08/19
Source: National Bank of Ukraine
The focus of this year’s Kyiv Investment Forum that will take place on September 17 at the Mystetskyi Arsenal, lies on the strategy of creation and development of the Kyiv agglomeration. The forum will bring together Ukrainian and international investors, representatives of foreign municipalities, local governments, the Kyiv business elite, IT and art communities. The participants of the forum will discuss the potential of the capital and the Kyiv region as a whole, and will provide recommendations on how to turn Kyiv agglomeration into a modern metropolis: a place of attraction for investors, tourists and innovative entrepreneurs.
“Given the popularity of urban tourism, the Kyiv agglomeration has the potential of becoming one of Europe’s hubs for various festivals, artistic events, culinary tourism, and for the creative economy. Our goal is to create the Greater Kyiv brand, just like the world-famous Greater London,” says Vitali Klitschko, the Kyiv Mayor.
Special guests of the Investment Forum will be representatives of the political elite and foreign municipalities from around the world who will share their experiences.
The event includes panel discussions with the participation of the leading experts on the social identity of Kyiv and the creative economy for the future agglomeration, as well as discussions on the infrastructure solutions for the development of the metropolis of the future. Attention will also be paid to potential accelerators for the development of metropolitan tourism like cultural, musical and sporting events.
The Kyiv Investment Forum 2009 is an event that signals unification and mutually beneficial inter-municipal cooperation to accelerate the socio-economic development of all communities involved.
Last year’s Kyiv Investment Forum was held on November 27 and gathered more than 500 participants from 23 countries. In particular, business and investment communities, central and city governments, international financial institutions and the media. 30 urban projects were presented during the forum to attract investment in various fields of innovation.
Araks Group of Companies (Kyiv) in the end of September will open a new furniture trade center with a total square of 15,000 square meters in the village of Khodosivka of Kyiv region, a group’s press service reported. “A decision to open a new trade center and to develop Araks furniture network is carefully worded. We engross our business and we’re glad to cooperate with the new brands, which will be displayed at the new furniture center,” Araks group quotes one of its shareholders Harush Antonian as saying on Monday.
According to a press release, the new three-storey shopping center, 25 kilometers away from Kyiv, will consist of the shops with household goods: furniture, kitchen, lighting, floor coating, textile, decoration and others. Armenian classicism combined with modernistic forms is at the bottom of the architecture, the company said.
The first Araks furniture trade center with a square of 27,000 square meters at 110 Kiltseva Street opened in 2009.
In public cadastral map, Kyiv-based Business-Techno Plaza LLC is owner of the land plot with a square of three hectares on which the center was built.