KYIV. Jan 29 (Interfax-Ukraine) – The French-Ukrainian investment forum, initially scheduled for November 18, 2015 in Paris and postponed due to terrorists’ attacks in the city, will be held on April 5, 2016, Ukrainian Deputy Economic Development and Trade Minister and Ukraine’s Trade Representative Natalia Mykolska has said.
“On April 5 the forum in France that was postponed in 2015 will be held. The date is confirmed. We want to make a public announcement jointly with France,” she said at a press conference in Kyiv on Thursday.
She said that the conference will be officially announced within a week.
She said that the holding of the similar forum with Canada is being discussed.
Mykolska added that it is planned to hold two more large conferences outside the country this year. One conference is devoted to the opportunities in trade with Ukraine and another one both to investment and trade.
As reported, in 2015, the Ukrainian government jointly with business organizations held two investment conferences in Washington and Berlin.
KYIV. Jan 28 (Interfax-Ukraine) – Ukrainian developers have launched an ODA (One Day Auction) mobile application for iOS, which allows users to sell, bid and buy artworks from all over the world, and are now in talks to raise $2 million for this project, ODA said in a press release.
The application works with all types of mobile platforms, including Web. It is free for all users. The initial investment in the project was $200,000.
“Now we are holding talks with large world companies, which are very interested in further investment of $2 million in our product,” the press release quoted CEO and Founder at ODA Inc. Olha Nikitova as saying.
ODA is a combination of Instagram-like features and popular platforms for sales of artworks online – Paddle8, ArtNet, Artsy, Saatchi Online, but it also offers social networking features, the press release said.
ODA’s content is updated on a daily basis. Besides its main function as a platform for online auctions, the ODA app is also a great application to discover art world and connect with another artlovers.
The bid span on ODA is from $50 to $10,000.
“In the next six or 12 months, we will expand the range of any collectibles – starting from pieces of decorative and applied arts and paintings and ending with rare automobiles and collections of fine and rare vintage wines,” ODA Frontend Developer Vlad Yanchevsky said.
KYIV. Jan 28 (Interfax-Ukraine) – Frunze Plant (Kharkiv), the leading Ukrainian manufacturer of fencing systems, plans to increase its presence in the European market and is studying the issue of setting up production in Kazakhstan or Belarus to compensate for losses from the abolition of a free trade area (FTA) regime between Russia and Ukraine.
According to a press release from the company, with reference to its board chairman Oleksandr Vasylenko, January showed that exports of goods to Russia are becoming much more expensive.
“Duties of 6% to 15% were imposed on our products. In addition, Russian customs officers, guided by internal documents, sometimes increase the price of products by almost two times that simultaneously raises the amount of VAT for our trading partners,” he said.
In addition, he said the devaluation of the ruble plays into the hands of Russian manufacturers making similar products.
Frunze Plant, founded in 1885, produces screens for agriculture machinery, flooring grills, netting and fencing systems for the construction industry, elements of urban environment (waste baskets, benches), storage racks and others.
KYIV. Jan 28 (Interfax-Ukraine) – Kyiv Mayor Vitali Klitschko together with his deputies in charge for the relevant issues has discussed the participation of China Haisum Engineering Co. in the development and construction of infrastructure projects in Kyiv.
“I am happy that investors are interested in projects in Ukraine, in particular, in Kyiv. Our task is to create the best conditions for investors, so that they have an opportunity to invest money and develop business in the Ukrainian capital. Kyiv has an enormous potential in terms of resources. We have many attractive investment projects and a large number of qualified professionals in various sectors. Despite the challenging economic environment, Kyiv has managed to attract UAH 1.7 billion, and we continue working with investors,” the press service of the Kyiv City Administration cited Klitschko on Wednesday.
The city major noted that the city was actually looking for investors to finance the construction and development of its infrastructure in order to finish the construction of the Podilsko-Voskresensky bridge, a subway line to Troyeschyna, and a large motorway orbital road, as well as to fund the construction of social objects, namely, kindergartens, schools, hospitals, and sports facilities.
Haisum Engineering’s Manager of International Business Department Gong Jun, in turn, said that his company was interested in cooperation with Ukrainian municipal authorities and participation in the construction of social objects of the city.
The parties have agreed that the next meeting to deliberate the details of the company’s participation in Kyiv’s construction projects will be held in April. “The Chinese partners will take this time to get acquainted with the projects which were presented by the city administration and the Kyiv investment agency,” the statement said.
Haisum Engineering is a state-run Chinese company with offices in South and South-East Asia, Europe, Middle East, and Latin America, the press-service of the Kyiv City Administration said. The company implements numerous projects in housing, utilities and infrastructure rehabilitation and modernization and can raise funds from the Chinese Investment Bank.
KYIV. Jan 28 (Interfax-Ukraine) – The State Property Fund of Ukraine (SPF) has put state concern Ukrtorf, state enterprise Kryvy Rih combined heat and power plant (CHP), state enterprise Severodonetsk CHP and 26 coalmines and coal producers to the list of facilities that are to be prepared for the privatization in 2016.
The list of facilities is approved in SPF order No. 106 of January 22, 2016, a copy of which has been sent to Interfax-Ukraine.
The following facilities will be prepared for the privatization:
Three coalmines of Volynvuhillia: Novovolynske colliery group (run-of-mine coal production in 2015 totaled 20,100 tonnes), Buzhanska (123,100 tonnes) and Novovolynska 9 (92,600 tonnes);
Seven coalmines of state enterprise Lvivvuhillia: Mezhyrichenska (227,500 tonnes), Vidrodzhennia (295,100 tonnes), Velkomostivska (280,000 tonnes), Lisna (263,000 tonnes), Stepna (337,700 tonnes), Chervonohradska (351,100 tonnes), Zarichna (60,000 tonnes);
Four coalmines of state enterprise Selydivvuhillia: Novohrodivska 1-3 (791,500 tonnes), Rosiya (237,200 tonnes), Ukraina (124,700 tonnes) and Kurakhivska (94,700 tonnes);
Four coalmines of state enterprise Krasnoarmiyskvuhillia: Dymytrova (13,500 tonnes), Tsentralna (14,300 tonnes), Stakhanova (362,800 tonnes) and Rodynska (16,000 tonnes);
Four coalmines of state enterprise Pervomaiskvuhillia: Zolote (14,300 tonnes), Karbonit (9,300 tonnes), Toshkivska (48,000 tonnes) and Hirska (294,300 tonnes);
State enterprise Pivdennodonbaska Mine 3 (350,600 tonnes, earlier was part of DUEK state enterprise);
Krasnolymanska (641,700 tonnes);
Public joint-stock company Lysychanskvyhillia (543,800 tonnes),
Public joint-stock company Nadia Mine (228,200 tonnes).
As reported, the Cabinet of Ministers of Ukraine approved the privatization of these state-run coalmines and state enterprise Ukrtorf in resolution No. 271 of May 12, 2015.
KYIV. Jan 28 (Interfax-Ukraine) – The Ukrainian parliament has ratified the protocol on the application of the free trade area agreement dated October 18, 2011 between the parties of the agreement and Uzbekistan.
A total of 234 parliamentarians supported bill No. 0060 on Wednesday.
The protocol aims at providing the effectiveness of the provision of the free trade area agreement dated October 18, 2011 in relations between Uzbekistan and the parties of the agreement, taking into account the conditions foreseen in the protocol and the expansion of the free trade area within the CIS.
According to the protocol, the free trade agreement signed by the Ukrainian and Uzbek governments on December 29, 1994 is valid.
Uzbekistan does not apply imports and exports duties towards Ukraine.
The protocol on the application of the free trade area agreement dated October 18, 2011 between Uzbekistan and the parties of the agreement was signed on May 31, 2013 in Minsk.
