Business news from Ukraine

Business news from Ukraine

INTERNATIONAL FINANCIAL FORUM WILL BE HELD ON SEPTEMBER 12-15 IN ODESSA

The Business Strategy Center “Perspektiva” invites participants to the XIX International Financial Forum, which is held annually with the support of the League of Insurance Organizations of Ukraine and will be held on September 12-15, 2019 in Odessa.
The Forum, launched in 2001, aims to support the effective integration of Ukraine into key international financial systems and become a major international event. Its main tasks are development of productive processes in the international financial services market, consolidation of the financial sector of the domestic market, dissemination of best practices and achievements of modern management, exchange of new ideas and experience, business meetings of insurers and development of partnership relations.
The participants of the Forum will discuss the development of the financial sector of Ukraine and the priority directions of the insurance market development. At the conference and discussion of the Forum, issues related to new standards and requirements of conducting insurance business in Ukraine and abroad, thematic round tables will be held, etc.
For more information, the program of the Forum and the terms of participation, please, visit www.cbs.org.ua
Contacts:
Ukraine, Kyiv, Business Strategy Center “Perspektiva”
Tel/fax: +38 044 406 65 55 – multi channel
hot-line: +38 067 540 01 02
e-mail: forum@cbs.org.ua
www.cbs.org.ua

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CHINESE HUAWEI TO BUILD 4G NETWORK IN KYIV METROPOLITEN

The Big Three mobile operators (Kyivstar, Vodafone Ukraine and lifecell) have declared the Ukrainian subsidiary of the Chinese company Huawei the winner of the tender to find a contractor for the construction of a 4G network in Kyiv Metropoliten. “The contractor has been defined, it is Huawei. And we are awaiting the start of construction. The works are funded by the three mobile operators,” Kyivstar’s press service told Interfax-Ukraine.
At the same time, the press services of the operators refused to name the cost of work.
In October 2018, the Big Three operators began an independent tender for the supply of equipment and technical work on the transition to the 4G standard in the Kyiv subway.

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PRESIDENT WANTS TO DISMISS VITALIY KLITSCHKO FROM POST OF KYIV STATE ADMINISTRATION HEAD

The Office of the President of Ukraine has asked the Cabinet of Ministers to submit a request for the dismissal of head of the Kyiv City State Administration Vitaliy Klitschko, press secretary of the Prime Minister Vasyl Riabchuk said.
“We’ve received such an appeal, now it is being processed in the prescribed manner,” Riabchuk told the Interfax-Ukraine news agency.

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RUS CHRISTIANIZATION DAY WILL BE CELEBRATED NEAR KYIV

On July, 27 and 28 the Kyivan Rus Christianization day will be celebrated in a big way in the «Kyivan Rus Park». In the program: theatricalization of bylinas, legends, and historical events related to the adoption of Christianity by Kyivan Rus, horse-trick performances, merry games and fiery round dances, master classes, and the fair of folk crafts. The guests may join the procession to the Basyl`s church where the prayer for Ukraine will take place. In the evening on the Forest lake there will be the reconstruction of the Kyivers` baptizing in Pochayna-river. Shooting fireballs from the Trebuchet will be the culmination of the program and on Saturday, July, 27 – also a fire-show.
Ancient Kyiv opens at 10:00, the theatrical program from 14:00. The end of the program: July, 27 – at 20:30, from 20:30 till 22:30 – a festive disco; July, 28 – at 20:00.
The ticket price: a full adult ticket – 200 UAH, for pensioners and students – 150 UAH, for schoolchildren – 60 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».

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UKRAINIAN STARTUP PATENTBOT ENTERES CIS MARKET

PatentBot, a chatbot of the trademark registrar, has launched to the CIS market. Users from all over the world can check a trademark in Russia, Belarus, and Kazakhstan for free search and submit an application 24/7, the whole process takes up to 10 minutes.

The startup is actively expanding the markets:

“Our global goal is to become an international patent office and any user, no matter where he is physically located, has the opportunity to register trademark worldwide in just a few minutes,”

Natalia Vladimirova, CEO of PatentBot.
PatentBot was launched in the USA and Ukraine in 2017 and in April 2018 bot became available in the European Union, China and in the Middle East in test mode. During these 2 years, more than 1,500 applications for the TM were submitted with the bot and tens of thousands of free searches by name were conducted.

UKRAINE RAISES IMPORTS OF CUCUMBERS BY 38% AND TOMATOES BY 15% – UKRAINIAN HORTICULTURAL ASSOCIATION

Ukraine in January-June 2019 imported 7,000 tonnes of cucumbers and 55,000 tonnes of tomatoes, which is respectively 38% and 15% more than in the same period of 2018, according to the website of the Ukrainian Horticultural Association. According to the association, the import of both cucumbers and tomatoes in the six months was a record high for the last decade.
The association noted that the export of greenhouse vegetables continues declining. Thus, the supply of tomatoes abroad since the beginning of the year amounted to a mere 970 tonnes, which is three times less than last season. The export of cucumbers also almost halved compared with 2018 and amounted to 1,300 tonnes.
“This trend in the cucumber and tomato markets is explained by the fact that Ukraine has been focused on the Russian market for a very long time, which after the worsening of the political situation between the countries became inaccessible to us. Moreover, domestic producers find it difficult to compete in the domestic market with Turkish products, because the cost of gas and electricity in Turkey is much lower than in Ukraine. Now, Ukrainian producers of greenhouse vegetables require import quotas and the introduction of trade duties for imported products,” Yekateryna Zvereva, the director for development at the association, said.
The loss of the Russian market forced greenhouse owners to seek new sales markets and expand the range of products.
“Today, the main importers of Ukrainian tomatoes and cucumbers are Belarus and Poland, the countries that re-export these products,” the report says.

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