Industrialists, entrepreneurs and employers of Ukraine have summed up their performance in 2016 and outlined plans of the business community for next year. In particular, they noted the first positive results of joint efforts made by the business circles: the National Committee for Industrial Development has been established; the “Ukraine is a Country of Entrepreneurs” program is being implemented. Further, work with parliamentarians has been organized. Ideas from the public to develop the country is presented by the “Transformation of Ukraine” parliamentary group, the Office of the Business Representative in parliament.
The document provides for coordination of partners’ efforts to fight corruption, lobby and adopt relevant legislation, remove similar obstacles to doing business, start up own business, raise investment funds, and others.
“Today, the joint efforts with our friends and partners bring positive results. The authorities have finally realized that deindustrialization is an unacceptable process in such an industry-oriented state. There are positive changes in the field of aerospace and wagon building,” ULIE President Anatoliy Kinakh said. In his words, there is much work ahead to switch from words to deeds. After all, GDP does not demonstrate noticeable growth so far; the level of the population’s financial solvency is low while necessary tax, customs, monetary reforms to stimulate business activity have not been enacted yet.
The business community focused its attention on the most practical initiatives whose implementation began in 2016 and will continue in future. The “Ukraine is a Country of Entrepreneurs” project will further be developed, according to the ULIE president. A number of forums held in Kyiv and regional centers gathered over 7,000 young businesspeople, experts, representatives of local administrations. The local authorities expressed readiness to partly offset rates of loans issued for the development of business and startups, using mechanisms of public-private partnership. In particular, Kyiv Mayor Vitaliy Klitschko announced the allocation of UAH 10 million for these purposes. After the forum, revised regional programs for the support of entrepreneurship and businesses were presented in the cities of Lutsk, Uzhgorod, Rivne, and other municipalities. These are first positive steps towards the ambitious goal of the project to create one million jobs in Ukraine.
The ULIE Board approved proposals regarding international business relations in the wake of a recent Ukrainian-Lithuanian forum with the participation of the Presidents of the two countries along with recommendations of the newly created Spain-Ukraine Business Council, and a number of forums and meetings with partners from Austria, Canada, Israel, Iran, the United States, and others.
The ULIE also awarded diplomas and gifts to partners from media organizations and experts.
“The year 2017 promises to be very active. And we’ll proceed not only with the implementation of the initiatives we’ve already started, but will press for the achievement of visible and tangible results for the Ukrainian economy and our citizens,” the head of the Ukrainian business community said.
KYIV. Dec 28 (Interfax-Ukraine) – State-run enterprise Zorya-Mashproekt (Mykolaiv) is finishing 2016 with profit.
The press service reported on Tuesday that sales revenue in 2016 grew by 13%. The company will see profit this year. The financial target is met by 102%.
In 2016 Zorya-Mashproekt mainly produced marine equipment: the share of ship units of total supplies reached 87%. The enterprise also shipped products for the energy sector and gas pipelines.
The press service said that this year the enterprise met all its contract liabilities.
“The customers of the products are mainly foreign companies. The exports share totaled 96.4%. The products were delivered to South Asia, Southeast Asia, Eastern Europe and the Middle East,” the press service said.
The enterprise continued implementing production facilities modernization programs in 2016: investment amounted to UAH 155.8 million (the same as in 2015).
Zorya-Mashproekt is a member of the Ukroboronprom State Concern.
KYIV. Dec 28 (Interfax-Ukraine) – Ukrposhta postal service enterprise seeks to increase net revenue by 20% in 2017 and this is UAH 1 billion more than the target for 2016.
Ukrposhta Director General Ihor Smeliansky told Interfax-Ukraine that according to the financial plan for 2017 approved by the Infrastructure Ministry net profit of Ukrposhta would be UAH 300,000, while in 2016 the company will be almost breakeven.
“It was planned to see UAH 16 million of net profit in 2016, but due to the increase in capital investment we plan to be breakeven,” he said.
Ukrposhta is managed by Infrastructure Ministry. It provides over 50 types of services in almost 12,000 departments all over Ukraine.
KYIV. Dec 28 (Interfax-Ukraine) – Nova Poshta has launched the express delivery service from China to Ukraine designed in cooperation with China’s SF Express logistic operator.
The press service of the Ukrainian company reported that now buyers can order delivery from largest Chinese online shops (Gearbest, Sammydress, Everbuying, 139shopping.com, Banggood, JD.com, LightintheBox, DHGate), including Ali Express, to anywhere in Ukraine.
The test period preceded the official start of the service. Nova Poshta reregistered feedback and polished the service mechanism. The company in November 2016 delivered over 500,000 of parcels from China to Ukrainians.
The sellers pay for delivery. Clients that select free-of-charge SF Express and SF eParcel can use the delivery service. The clients are able to track all categories of parcels at all delivery stages. The quick delivery term, the absence of hidden payments and the client service are available for the clients.
According to Ukrainian legislation, after arrival to Ukraine all cargo is inspected by the Customs Service. Nova Poshta fully controls the cargo and the company is responsible for its safety from the arrival to the Boryspil airport to the door delivery.
“The company seeks to have leading positions in Ukraine in the volumes of e-commerce parcel imports from China and to deliver over 2 million parcels from China in 2017,” the company said.
KHARKIV. Dec 28 (Interfax-Ukraine) – Head of Kharkiv Regional State Administration Yulia Svitlychna and Vietnamese Ambassador to Ukraine Nguyen Minh Tri have discussed the expansion of bilateral cooperation between Kharkiv region and Vietnam.
Nguyen Minh Chi suggested organizing a business forum with the participation of Vietnamese entrepreneurs in Kharkiv region, the regional administration’s press service reported.
“I would like to have a large-scale business forum organized in Kharkiv region as part of expansion of economic and trade cooperation between Ukraine and Vietnam. After all, we are very interested in your region, and the potential of our cooperation is huge,” the press service quoted the ambassador as saying.
For her part, Svitlychna said Vietnamese enterprises continue to develop their business in on the territory of Kharkiv region, and local enterprises also export their products to Vietnam.
“I believe that our cooperation will be expanding in various directions, and further cooperation has a great future and will bring stable and strong economic result,” Svitlychna said.
KYIV. Dec 28 (Interfax-Ukraine) – Head of Dnipropetrovsk Regional Administration Valentyn Reznichenko has liquidated the Pavlohrad industrial park created under a decision of his predecessor Ihor Kolomoisky dated February 5, 2015. He decided to create it again.
The decision approving the park concept was made on December 13.
According to the document, the park is created for the period of 30 years on a land parcel of 250 ha having borders with the territories of state-run enterprise Pivdenmash and Pavlohrad Technological Equipment Plant LLC.
“The top priority directions of operation for determining the functional importance of the Pavlohrad industrial park are new production facilities that use environment friendly, energy saving, innovative and hi-tech technologies in a wide range of sectors, particularly: engineering, construction materials, logistics, light and processing industries,” reads the document.
It is planned that infrastructure for the park will be built in three stages: 50 ha, 100 ha and 100 ha.
Almost UAH 156 million is required to create the park. The funds would be raised from the national and regional budgets and a managing company. UAH 11 million is required to build power lines and some UAH 4 million to connect to gas, water and roads. It is planned that the creation of the park would help to raise $375 million of investment.
Dnipropetrovsk Regional Administration has announced a tender to select a managing company for the industrial park. Bids can be submitted until January 13, 2017.
