KYIV. Sept 28 (Interfax-Ukraine) – The fate of capital markets in the financial sector development program until 2020 and the reform of capital market infrastructure in Ukraine will be discussed by participants of the Ukrainian Financial Forum 2016 to be held in Odesa on September 29 and September 30.
ICU Investment Group, the organizer of the forum, told Interfax-Ukraine that four other panel discussions will be devoted to the macroeconomic and financial situation in Ukraine, development of financial tools, the institutional capability of capital market regulators and institutional investors as the base for revitalizing the Ukrainian stock market.
Leaders of the National Commission for Securities and the Stock Market, National Bank of Ukraine, national commission for financial service markets regulation and representatives of the government and international financial institutions will speak at the forum.
Partners of the forum are American Chamber of Commerce in Ukraine, the Ukrainian Stock Traders, ACI Ukraine (the Financial Markets Association) and Independent Association of Banks of Ukraine.
KYIV. Sept 28 (Interfax-Ukraine) – Israeli businessmen show their interest to the privatization in Ukraine to take place in 2016 and 2017, Ukrainian President Petro Poroshenko has said.
“We have agreed on significant broadening of economic cooperation. I proposed to our Israeli partners and investors to take part in the large-scale privatization to take place in Ukraine in 2016 and 2017. We heard the large interest in it,” he said at a joint briefing with Israeli President Reuven Rivlin on Tuesday in Kyiv.
The parties have also agreed to promptly conduct the regular session of the Ukraine-Israel Joint Commission for Trade and Economic Cooperation.
“We have agreed that we need to hold the next session of the joint Ukrainian-Israeli committee on trade and economic cooperation as soon as possible. It was planned that the first meeting will take place in three years, but we agreed to hold it now,” Poroshenko said.
He also expressed his hope that the delegation made progress on the further liberalization of air traffic.
“We need to remove any obstacles both for Israeli and Ukrainian companies,” he said.
“We have also agreed to initiate practical cooperation in scientific-technical sphere, tourism and agriculture. Ukrainians are particularly interested in the experience of Israel in irrigation farming,” Poroshenko said.
KYIV. Sept 27 (Interfax-Ukraine) – Investment in the launch of a new sunflower seeds crushing plant belonged to Agroliga Group are assessed at $9 million, the group has reported on its website.
“The total sum of financing is estimated at $9 million, including $6.7 million financed from external sources,” Director General Oleksandr Berdnik said.
He said that a land parcel to build the plant with all communications and railway track has been allocated in Kharkiv region.
The group said that the company raised the required funds and settled first advance payments for equipment.
The group’s share of the sunflower oil market in Kharkiv region would reach 10-12% after the launch of the plant.
KYIV. Sept 27 (Interfax-Ukraine) – Public joint-stock company Ukrgazvydobuvannia has started producing diesel fuel meeting Euro 4 emission standard at the facilities of Shebelynka gas refinery.
The company’s press service reported that the certificate confirms compliance of fuel with Euro 4 emission standard and GOST 7688:2015 standard.
First batches of Euro 4 diesel fuel made at Shebelynka gas refinery will be sold via own filling station chain and shipped to fuel own trucks and special machinery.
The press service said that the modern equipment bought by the company requires modern fuel. In H1 2016, the company bought specialized machinery for UAH 248 million.
KYIV. Sept 27 (Interfax-Ukraine) – KTD Group importing and producing household appliances (Saturn, Kupava trademarks) seeks to open a new refrigerator plant in the first half of 2017 in Cherkasy, the press service of Cherkasy Regional Administration has reported.
KTD Group President Oleksandr Hromyko gave this information at the Cherkasy Investment Forum held last week.
“We do not see obstacles for business in Cherkasy region now. They really love investors and create hothouse conditions for them. When we decided to start a new investment project to produce refrigerators in Cherkasy, we simply wrote a letter to the Regional Administration and were surprised with the quick reaction,” the press service said, citing Hromyko.
It is planned to create 500 new workplaces at the plant. According to the Business weekly, investment in the project will total $25 million.
The company said that it recently started the full reconstruction of a large plant in Cherkasy.
KTD Group has been operating on the household appliances market for 19 years.
KYIV. Sept 26 (Interfax-Ukraine) – Ukrainian President Petro Poroshenko in New York City met Hungarian President Janos Ader and agreed on stepping up a bilateral political dialog at the highest level.
The press service of the Ukrainian president reported on Wednesday that Ader confirmed the unwavering support for sovereignty and territorial integrity of Ukraine and continuation of the policy of sanctions against Russia.
The Hungarian President supported the provision of the visa-free regime for Ukraine as soon as possible.
Poroshenko thanked Hungary for the provision of financial and humanitarian assistance to Ukraine and treatment of Ukrainian military.
The parties agreed on enhancing economic cooperation, particularly in the spheres of energy, agriculture and infrastructure projects.
Ader confirmed his participation in the activities on the 75th anniversary of the Babyn Yar tragedy that will be held on September 29 in Kyiv.
