Business news from Ukraine

Business news from Ukraine

NATIONAL BANK REGISTERS DOMESTIC LIME MONEY PAYMENT SYSTEM

The National Bank of Ukraine (NBU) has agreed the rules and registered the domestic payment system Lime Money, the NBU said in a statement on its website.
According to the report, Lime Money’s payment company is Smart Finexpert LLC (Mykolaiv).
Lime Money payment system became the twelfth national payment system in the Ukrainian market, which is created by non-banking institutions.

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VOLKSWAGEN BRAND REMAINS LEADER OF REGISTRATIONS AMONG IMPORTED USED CARS IN UKRAINE

The primary registrations of imported used cars in Ukraine in January-June 2019 totaled 250,100, which is almost six times more than a year ago, the Ukrautoprom association has reported.
The Volkswagen brand remains the leader of registrations in the first six months of 2019 (48,793), Opel is in the second position (24,414), Audi is third (19,072), Renault is fourth (18,822), and Skoda is fifth (17,766.).
According to the association, in June, the Ukrainians registered 19,200 imported used cars, which was the lowest since the beginning of the year, but compared to June last year, registration increased 2.2-fold.
Cars aged from 5 to 10 accounted for the largest share in the registrations of used imported cars – 46%. Cars older than 10 years covered 35% of the June market, the remaining 19% were cars under the age of five years.
The most popular Volkswagen brand registered 2,960 vehicles last month, followed by Skoda (1,742), Renault (1,588), Ford (1,393) and Opel (1,321).

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NEW DOLPHINARIUM WITH HOTEL TO BE BUILT IN KYIV

The new Nemo dolphinarium with a hotel is being built a land parcel of around 1 ha near Art Mall shopping and entertainment center located at 37, Zabolotnoho Street in Kyiv.
“Nemo dolphinarium will open at the parking area in six months. It moved. We sold 1 hectare of land and, not mobile, as previously it was at VDNG, but full-function dolphinarium and a hotel are being built… The facility was designed and construction is underway,” A Sky LLC Head and Director General of the Sky Mall shopping center Yulia Vanchenko said at the CP Round Table “Retail Property of Ukraine: the Market is on the Rise”.
She said that she took part in the launch and development of the Art Mall project.
Vanchenko said that the location of the Art Mall shopping and entertainment center is not good in terms of traffic: there are no houses, the subway nearby.
In this regard, as she said, a few years ago it was decided to change the concept of the shopping and entertainment center: the “children’s world” direction was chosen as the key one, and the facility increased its performance.
“The shopping gallery worked for three years, and we reformatted it into a new business focused on children, also new to Ukraine…” Vanchenko said, adding that Planet Toys, Kids Will, Kids Island, wow park, Reserved and LC Waikiki with large children’s departments, Luxoptika Kids are operating now.
“Now the Art Mall shopping center is improving the composition of neighbors around it, and thus the traffic of regular customers,” she said.

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UKRAINIAN ASSOCIATION OF AGRARIAN EXPORT TO CONDUCT PRESS CONFERENCE “RESULTS OF EXPORTS OF FRUITS AND BERRIES IN 2018-2019. FORECAST FOR HARVEST”

On Tuesday, July 9, at 10.00, the press center of the Interfax-Ukraine news agency will host a press conference entitled “Results of Exports of Fresh Fruits and Berries in 2018-2019. Forecast for Harvest (and Ukrainian Exports) for 2019-2020 Season.”
Participants: Dmytro Kroshka, the chairman of the Ukrainian Association of Agrarian Export, Volodymyr Hurzhiy, an expert for exports at First Ukrainian Apples Producers Aggregating Company USPA FRUIT, Oleksandr Yaschenko, the deputy director for research of the Institute of Horticulture, and Oleh Bosy, the agricultural technologist and managing partner of FruiTech (8/5a Reitarska Street). Registration of journalists requires press accreditation.

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UKRAINIAN ENERGOATOM SIGNS MEMO OF COOPERATION WITH FRANCE’S TECHNETICS GROUP

National Nuclear Generating Company Energoatom and France’s Technetics Group have signed a memorandum of cooperation in the nuclear and energy sphere.
The press service of Energoatom reported that the agreement was signed on June 19, 2019 in Brussels.
During the talks, the parties pointed out their interest in establishing direct business relations between the enterprises and reached arrangements on this issue. Representatives of Energoatom notified the Technetics Group about their interest in purchasing spare parts for pipeline fittings and pneumatic power drives made by the French company.
The Technetics Group is part of the EnPro Industries group of companies. It is a large supplier of engineered industrial products, sealing solutions for nuclear energy, heat energy, semiconductor, aerospace and biomedical industries.
At the end of June, President of Energoatom Yuriy Nedashkovsky, together with CEOs of the leaders of the nuclear industry of the European Union signed a joint manifesto on preventing climate change and maintaining the economic efficiency of the EU energy industry.

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UKRAINE AND CANADA DISCUSS MILITARY COOPERATION

Minister of Internal Affairs of Ukraine Arsen Avakov has met with Minister of National Defense of Canada Harjit Sajjan to discuss the issue of military cooperation between the countries, as well as the purchase of new technology, the press service of the Ministry of Internal Affairs reported. “The interaction of the Armed Forces of Ukraine, the National Guard of Ukraine with the Canadian armed forces and the purchase of new equipment were discussed with the Minister of Defense of Canada,” Avakov said at the 3rd International Ukraine Reform Conference in Ukraine in Toronto.
The parties also discussed security issues in Ukraine, in particular, during the extraordinary parliamentary elections on July 21.
“Today, the issue of security is not only a question of the boundary line of the conflict or the contact line. This is the issue of security in society, the mood of people. Therefore, the mechanism of democratic elections that we now provide is a key component of security,” Avakov said.

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