Business news from Ukraine

Business news from Ukraine

MRIYA AGROHOLDING LAUNCHES INTERACTIVE MAP FOR BEEKEEPERS

Mriya agroholding launches interactive map for beekeepers
Mriya agroholding has launched a first interactive map of bee plants in Ukraine, where it has fields with all bee plants of the agroholding. The press service reported that the map also indicates variety of plants, the projected period of blooming, information about scheduled spraying works and the required number of be families for good entomogamy and other information.
Director for Public Relations and Social Projects at Mriya Nonna Shmidik said that the agroholding actively supports the cooperative movement and the share of beekeeping cooperatives among those created by the agroholding is large. This tool would allow beekeepers to effectively organize their work, gather more honey and increase income.
“Beekeepers from six regions of Western Ukraine, where Mriya operates (Ternopil, Khmelnytsky, Chernivtsi, Ivano-Frankivsk, Lviv and Rivne) using this tool will be able to access the relevant information on more than 60,000 hectares of bee plants grown by the agroholding , apply for and reserve seats for their apiaries in certain areas. In addition, users of the interactive map are provided with SMS-information about the blooming time and the application of crop protection agents,” the agroholding said.

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SD CAPITAL (TIS PORT) WANTS TO GO BEYOND PORT BUSINESS

SD Capital investment company, founded by the co-owner and Director General of the TIS port (a stevedoring company operating at the Yuzhny port) Andriy Stavnitser and TIS manager Filip Hrushko, is ready to invest in some projects not in the field of port business. “We are ready to invest not only in the port business. This vehicle, in Russian – a tool for investment, was created by Hrushko and me a little more than a year ago. There are about 15 projects in the pipeline today, but this does not mean that they will all be implemented: three or four may be left, and maybe even one. Let’s see,” Stavnitser said in an interview with Interfax-Ukraine.
According to him, the projects can be very different: the automotive industry, agriculture and natural resources.
“I would probably be happy if we made five of these projects in the next 18 months,” Stavnitser said.
Speaking about the fields of projects, he said that 70% of these projects concern food security and processing.
“This is the production of meat, dairy products, vegetables and fruits, berries, honey – simply everything is there! I think the world of those people who banned the export of sunflower seeds many years ago. Thus, the industry of oil refinery appeared,” the head of the TIS port said.
He also said that SD Capital is ready to act as a private equity investor, to buy and develop assets.
“We rely on our money, money of our friends and family, our old business partners who can also co-invest. And, of course, we want to see strategists here. The more strategists are in this country, the less space remains for corruption and more space for good lobbying and support of the best Western practices,” Stavnitser said.
Among other things, talking about the employees of SD Capital, he said that today 15 people are working.
“It’s normal. There should not be a lot of people. We have a good team. The average age is about 25 years old: all young, funny and interesting. An American girl recently joined us, who fell in love with the Ukrainian IT specialist and she moved here. She has a lot of experience. We have a lot to learn from her, because here all the experts are still homegrown, and there the traditions are completely different,” Stavnitser said.

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UKRAINE CUTS GAS PRODUCTION IN Q1, 2018

Production of natural gas in Ukraine in January-March 2018, according to live data, decreased by 0.7% (by 36.9 million cubic meters) compared to the same period in 2017, to 5.101 billion cubic meters, according to data from PJSC Ukrtransgaz. According to calculations by Interfax-Ukraine, in particular gas production by PJSC Ukrgazvydobuvannia amounted to 3.763 billion cubic meters (1.8% up from January-March 2017), PJSC Ukrnafta to 261.2 million cubic meters (16% down), by other companies to 1.076 billion cubic meters (4.8% down).
In March 2018, gas production amounted to 1.735 billion cubic meters (2.5% down compared to March 2017), in particular extraction by Ukrgazvydobuvannia was 1.289 billion cubic meters (0.1% up), Ukrnafta some 88.6 million cubic meters (16.2% down), other companies some 357.7 million cubic meters (7.3% down).
Ukrtransgaz, 100% owned by Naftogaz Ukrainy, operates a system of trunk gas pipelines and 12 underground gas storage facilities of the country with a total capacity of 31 billion cubic meters.

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UKRAINE ISSUES FIRST ELECTRONIC VISA FOR ENTRY WITH BUSINESS OR TOURIST PURPOSES

The first electronic visa (e-visa) for entry with business or tourist purposes to Ukraine was issued on Thursday, April 5, Ukrainian Foreign Minister Pavlo Klimkin has said. “The system for issuing electronic visas is working. We have just issued the first Ukrainian e-visa to a citizen of Thailand. We are moving from the trial mode to the full operating mode,” Klimkin wrote on Twitter.
On April 4, Ukraine launched an online registration service for citizens of 46 states of electronic visas (e-visa) for entry with business or tourist purposes. to fill out an e-Visa, one need to take a few simple steps without leaving home: fill out an online application form, download scanned copies of the required documents, pay by bank card (MasterCard Worldwide or Visa International) and print out electronic visa which was e-mailed to you. Processing time is up to nine business days; fee – $65; the term of validity – single entry for up to 30 days.
E-visas are introduced for citizens of the following states: Australia, Antigua and Barbuda, the Commonwealth of the Bahamas, Barbados, Bahrain, Bolivia, Bhutan, Vanuatu, Haiti, Guatemala, Honduras, Greenland, Dominica, Dominican Republic, Indonesia, Cambodia, Qatar, Costa Rica, Kuwait, Laos, Mauritius, Malaysia, Maldives, Mexico, Micronesia, Myanmar, Nepal, Nicaragua, New Zealand, Oman, Palau, Peru, El Salvador, Samoa, Saudi Arabia, Seychelles, Saint Vincent and the Grenadines, Saint Lucia, Singapore, Suriname, Thailand, Timor-Leste, Trinidad and Tobago, Tuvalu, Fiji, Jamaica.

UKRAINE EXPORTS ELECTRICITY FOR $80 MLN IN JAN-MARCH, LARGEST CUSTOMERS – HUNGARY, POLAND, MOLDOVA

Ukraine in January-March this year exported electricity for $80.471 million, in particular in March for $30.813 million. According to the State Fiscal Service, in January-March electricity was supplied to Hungary for the amount of $51.395 million, Poland for $19.024 million, Moldova for $8.147 million and other countries for $1.905 million.
Thus, in monetary terms exports of Ukrainian electricity in January-March 2018 increased by 18.1% compared to the same period in 2017 ($68.12 million).
In addition, Ukraine in January-March 2018 imported electricity for $457,000 (from Russia for $442,000, from Belarus for $15,000 and Moldova for $1,000).

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