The State Fiscal Service of Ukraine in January 2019 issued 9,707 EUR.1 movement certificates that allow goods of Ukrainian origin benefiting from favorable trade terms under a preferential trade policy of the EU, the authority has reported on its website.
The authority said that in general, during the 2016-2018 years, customs officers issued 219,000 certificates.
“As of February 1, 2019, the status of an authorized exporter has been granted to 231 enterprises, which export their products to EU countries on preferential terms,” the State Fiscal Service said.
The authority reminded that in order to be granted with the preferential access to the EU market as part of a free trade area between Ukraine and the EU, a company must confirm the origin of goods from Ukraine and receive the EUR.1 movement certificate.
The State Fiscal Service has been issuing these documents since 2016 free of charge for each consignment of goods when exported to the EU. At the same time, the status of an authorized exporter lifts the requirement to receive the certificate, the authority said.
In addition, the requirement for having the EUR.1 movement certificate does not apply to goods with a total invoice value no higher than EUR 6,000, and also, if these are goods to which the EU applies a zero import duty rate.
The Cabinet of Ministers of Ukraine has approved a draft framework agreement with the government of Denmark regarding the general conditions and rules, organization measures and financial conditions of the implementation of the Danida Business Finance programme in Ukraine.
The respective government resolution was approved at a meeting on February 20.
“In order to strengthen cooperation between the government of Ukraine and the Kingdom of Denmark, the Ministry of Foreign Affairs of Denmark, under Danida Business Finance, agreed to provide funds to invest in sustainable infrastructure projects that are implemented by Danish suppliers,” according to the framework agreement, which is available to Interfax-Ukraine.
This program involves the provision of interest-free loans by the Kingdom of Denmark to the Government of Ukraine, or economic entities under government guarantees, to finance projects related to renewable energy, energy efficiency, water supply and water treatment.
The direct creditor will be a commercial bank or a financial institution with a representative office in the Kingdom of Denmark, which has concluded an agreement with the Danish Ministry of Foreign Affairs.
The projects will be selected in accordance with the Ukraine 2020 Sustainable Development Strategy and approved by the Danida Program Committee under the Ministry of Foreign Affairs of Denmark.
The benchmark cost of one project is EUR 100 million. Projects worth less than EUR 13.5 million are not eligible for financing, except for separately selected projects. A loan can cover up to 100% of the value of the facility, and no less than 35%.
Along with the financing fee, there is also no export credit premium and bank margin. Borrowing will be provided in euros or U.S. dollars. The repayment period is up to 10 years after the completion of a facility, for which the loan is taken.
Danida Business Finance provides soft loans for funding of sustainable infrastructure projects in energy, water and sanitation, which cannot otherwise be financed on commercial terms in developing countries tied to transfer of technology and knowhow through Danish companies. Danida Business Finance offers technical assistance and support to authority-to-authority cooperation, if necessary, to transfer institutional knowledge in the relevant sector area.
Mover Mill LLC has launched a plant for processing grain in the village of Kryvi Kolina, Cherkasy region. According to the press service of Cherkasy Regional State Administration, the capacity of the plant is 350 tonтуs of flour per day, it also produces semolina and bran. The products are sold under the Pershy Mlyn brand.
The cost of investments in the plant is about UAH 100 million.
According to Deputy Minister of Agrarian Policy and Food Viktor Sheremeta, this company is currently one of the largest potential exporters of flour.
According to data from the state register of legal entities and individual entrepreneurs, Mover Mill LLC was registered in 2016. Its owner is Volodymyr Movchan. Its statutory capital is UAH 5 million.
On February, 23 and 24 the «Kyivan Rus Park» invites to say goodbye to winter in the magic atmosphere of the Middle Ages. Delicious food prepared on open fire, authentic Prince’s tavern, Slavic traditions, rites, and games, horse-trick performances, round dancing, horse riding, bow shooting, museums and expositions, zip-line – these and much more will be waiting for the guests during the weekend.
Ancient Kyiv opens at 10:00. The program starts at 13:00.
The ticket price: a full adult ticket – 150 UAH, for pensioners and students – 100 UAH, for schoolchildren – 50 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Route taxis leave from Kyiv from the «Vydybitchi» metro station.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».
Ukraine in 2018 logged around 22 million cubic meters (mcm) of wood, Deputy Head of the State Agency of Ukraine for Forest Resources Volodymyr Bondar said, presenting a report of the authority in Kyiv on Friday. According to him, the enterprises of the agency logged 16.5 mcm of wood (a rise of 3.7% compared with 2017), and about 5-6 mcm of timber was logged by other forest users.
The state forest agency sold 13.7 mcm of round wood to the domestic market (a rise of 9%) for the amount of UAH 12.8 billion, another 2.2 mcm of wood was sent to processing enterprises. Some 527,000 cubic meters of wood were sold to foreign markets (a fall of 40%) for the amount of UAH 0.4 billion. The average price of a cubic meter of wood sold is UAH 946.
According to Bondar, illegal logging in 2018 in the forests managed by the agency amounted to 17,700 cubic meters, and the loss from illegal logging was UAH 117 million. The stock of timber in the Ukrainian forests is estimated at 2.1 billion cubic meters, the annual increase is about 35 mcm of wood. The average annual volume of logging is about 22 mcm.
According to the deputy head of the agency, the agency intends to focus on forest inventory and environmental protection measures in 2019. “We hope this year to improve the work on forest reproduction through the creation of the forest fund in the national budget. In particular, we hope to increase the rate and volume of forest reproduction in the South and East,” Bondar said.
According to the agency, the area of forest reserves of the agency’s forest structure is 16.6%.
According to the national budget for 2019, UAH 614.7 million was announced for the State Agency of Ukraine for Forest Resources, of which UAH 462 million is for forestry and hunting, protection of forests in the forest fund. As reported, the State Agency of Ukraine for Forest Resources plans to launch a pilot project of an electronic register of logging tickets in March.
The total area of forest areas in Ukraine is almost 10.4 million hectares, the forest cover of Ukraine is 15.9%. Some 7.6 million hectares of forests (73% of the forest fund of Ukraine) are subordinate to the State Agency of Ukraine for Forest Resources.
DTEK Energy Holding has announced the start of transformation of its corporate university into an innovative educational business platform, Academy DTEK, and on February 21 presented a training platform in UNIT.City, where it occupied two floors of a new six-storey campus, the total rental area of which is 12,000 square meters. “Academy DTEK is becoming an innovative educational business platform open to business representatives, the public sector, the public, and international partners,” Oleksandr Kucherenko, the Director for Sustainable Development at DTEK, said at a press conference during the presentation.
He clarified that the corporate university was created nine years ago, and in 2014 began entering foreign markets. According to him, it currently works with 17 government organizations, including the National Bank, the Ministry of Environment and Natural Resources, the Ministry of Infrastructure, the Ministry of Finance, the Ministry of Energy and Coal Industry, Ukrposhta, for which 72 training events were held last year.
Kucherenko noted that in the new quality Academy DTEK will introduce in Ukraine international HR practices together with its partners: the business schools and organizations INSEAD, IE Business School, Thunderbird, HRCI, Kyiv-Mohyla Business School.
