Huawei Ukraine seeks to increase its share of the Ukrainian information and communication technology market (ICT) from 1% to 10%, the press service of the company has told Interfax-Ukraine, referring to Huawei Ukraine Head Haojie Zhou. “Ukrainian enterprises are ready to introduce modern ICT. We set ambitious goals – to occupy 10% of the market in a year,” he said at the first Enterprise Day annual partner meeting in Kyiv on Tuesday.
The company said as of late 2017 they assess the ICT market in Ukraine in the amount from $100 million to $200 million, and their share of the market at over 1%.
Huawei is a large Chinese communication company and a large smartphone manufacturer in the world. It was founded in China in 1987.
Huawei Ukraine was registered in 2005.
Private joint-stock company HeidelbergCement Ukraine (Dnipro), uniting Ukrainian cement plants of HeidelbergCement Group (Germany), saw a 14.4% rise in net loss in 2017, to UAH 431 million. According to a company report in the information disclosure system of the National Commission for Securities and the Stock Market, its net revenue grew by 11.3%, to UAH 1.8 billion, and assets rose by 4.5%, to UAH 1.75 billion.
The company saw UAH 1.2 billion of uncovered loss in 2017 (62% up year-over-year).
Current liabilities soared 2.4-fold, to UAH 2.4 billion, and noncurrent liabilities fell by 92%, to UAH 89.1 million.
HeidelbergCement Ukraine was founded in 2002. It is engaged in production of cement and clinker. The main shareholder of the company with a share of 99.8308%, according to the National Securities and Stock Market Commission, is CBR Portland B.V., part of HeidelbergCement Group.
Average retail prices for petrol, diesel fuel and liquefied petroleum gas (LPG) in Ukraine in the period from April 16 to April 23, 2018 changed in various ways, according to data from the A-95 Consulting Group (Kyiv).
As reported, average retail prices for petrol in Ukraine for 2017 increased by 19.2-20.1% (by UAH 4.61-4.76 per liter), for diesel fuel by 22.6% (by UAH 4.84 per liter). At the same time, average prices for liquefied petroleum gas (LPG), despite a sharp increase in August due to deficit, showed an increase of only 2.9% for the year (by UAH 0.36 per liter).
Changes in average retail fuel prices UAH per liter in Ukraine:
©Source: A-95 Consulting Company
The founder of the Ciklum outsourcing company, Danish entrepreneur Torben Majgaard, has invested in Andriy Kolodiuk’s AVentures Capital venture fund, which invests in innovative companies at early stages, and became a financial partner of the fund, the press service of AVentures Capital has reported.
The invested funds will be used to finance globally oriented Ukrainian start-ups and IT companies of different stages of development.
“In addition to AVentures Capital, previously Torben Majgaard joined financial partners and other funds from America and Europe, and in Ukraine for the first time. This is the indication that the Ukrainian venture ecosystem is not only competitive at the global level but also increasingly attractive to the world’s entrepreneurs and investors. In addition to Torben Majgaard, AVentures Capital’s financial partners are also ourselves, managing partners, as well as IT entrepreneurs of Ukraine and the United States,” Managing Partner of AVentures Andriy Kolodiuk said.
The press service refused to disclose the amount of investment, but clarified that the matter concerns a seven-digit figure (in dollars).
Majgaard stated if investments in joint projects are successful, he is ready to invest even more.
AVentures Capital was founded in 2012. It invests in projects at early stages. It is focused on cooperation with global companies that have R&D in Ukraine and the countries of Central and Eastern Europe. The fund focuses on investments in IT, including such areas as software, e-commerce, cloud services, mobile technologies, IoT, etc.
AIS group of companies, a large Ukrainian automobile holding, in April opened two dealer centers in Chernihiv in the existing complex AIS Autocenter Chernihiv: Peugeot AIS Chernihiv and Citroen AIS Chernihiv.
According to a company press release, each brand has a separate showroom, within the complex there is a service station and a sales department for spare parts. AIS Chernihiv is another new 3S complex (sales, service, spare parts) of the dealer network Peugeot Citroen Ukraine.
This is the sixth dealer center of Citroen and the second Peugeot one in the national trading network for AIS.
The press release says Peugeot and Citroen are one of the fastest growing brands in the Ukrainian car market with the sales growth dynamics exceeding the average market indicators. The expansion of geographical representation is part of the company’s development strategy.
As reported, PSA Group (Peugeot-Citroen) in Ukraine plans in 2018 to increase the share in the market of new cars and commercial vehicles to 6.2% against 4.63% in 2017, including 3.75%, as expected, will be the Peugeot brand, while the share of Citroen will be 2.45%.
T.B.Fruit, one of the largest processors of fruits and berries in Ukraine, intends to invest EUR3-5 million in the launch of a mandarin processing plant with a capacity of 50,000-60,000 tonnes in Georgia by December 2018. “Mandarins will be processed in Georgia and imported to Ukraine. In late autumn this year we’ll start production. This will be the processing of 50,000-60,000 tonnes of mandarins,” group founder Taras Barschovsky told Interfax-Ukraine.
According to him, mandarin juice produced in Georgia will be bottled in Ukraine under the trademark Galicia.
The founder of the group pointed out that 35-40% of T.B.Fruit’s business is concentrated in Ukraine.
T.B.Fruit Group was established in July 2011, uniting all assets of Taras Barschovsky: Yablunevy Dar, T.B.Fruit Dwikozy fruit processing plant in Poland, Tank Trans Ukraine and Tank Trans Polska, which transport bulk cargo by road, and a fruit-growing complex, which includes apple-trees, cherry-trees, and strawberry and raspberry fields on 700 hectares.
T.B.Fruit Group owns eight juice concentrate plants in Ukraine, Moldova and Poland.
T.B.Fruit produces freshly squeezed juice under the Galicia trademark in Ukraine.
