Business news from Ukraine

Business news from Ukraine

On November 26, Save Childhood Charity Evening will be held

On November 26, at 18:00, Premier Palace Hotel Kyiv will host the Save the Childhood Charity Evening.

All the funds raised will be used to create a crisis rehabilitation center for psychological and physical assistance at the Okhmatdyt National Children’s Hospital, which aims to support children affected by war trauma.

The event will include a welcome drink, a concert by contemporary Ukrainian artists CHEEV, SESTRA and VILNA, and an auction featuring works of art, jewelry, products by leading Ukrainian designers, sports and military artifacts.

Among the auction items will be T-shirts signed by Vitali Klitschko, Olga Harlan, Oleksandr Zinchenko, Mykhailo Mudryk, a fur coat by Ukrainian designers, a rare Kobzar, a doll of Volodymyr Zelenskyi, a painting on canvas of an ammo box, a map of Ukraine signed by the head of the Defense Intelligence of Ukraine Kirill Budanov, and a set of coins signed by General Valeriy Zaluzhnyi.

The event was hosted by Yuriy Horbunov.

The event was organized by the Art Initiative Charitable Foundation, which helped to completely renovate the shelter of the Okhmatdyt National Children’s Hospital.

Co-organizers of the event:
Charitable Foundation “BATALION VOLUNTEER”
Charitable Foundation “RENOVATION”
Charitable Foundation “MILA”
Ukrainian brand MARISTEP

Official partner – Premier Palace Hotel Kyiv.

Welcome drink from the Wines of the World Trade House.

Media partner – DJ FM radio.

Let’s do a good deed together!

Number of vacancies as of 01.11.2023 (thousand units) according to data of state employment center

Number of vacancies as of 01.11.2023 (thousand units) according to the data of the state employment center

Source: Open4Business.com.ua and experts.news

Number of unemployed people registered in public employment service as of 01.11.2023 (in thousands)

Number of unemployed people registered in public employment service as of 01.11.2023 (in thousands)

Source: Open4Business.com.ua and experts.news

Ukrnafta starts drilling new exploration well in western Ukraine

PJSC Ukrnafta is drilling a new exploration well in western Ukraine, the company’s CEO Sergiy Koretskyy wrote on his Facebook page.

According to him, the total depth of the new directional well is 2,213 meters, and more than 1,000 meters have already been drilled. The work is being carried out with the company’s own rig, which was used to drill the previous well in the same region.

The facility should provide access to two productive horizons. According to the digital 3D geological and hydrodynamic model of the field, the deeper horizon contains 464 thousand tons of recoverable reserves. The shallower horizon has 1.121 million tons of reserves.

“Thus, when we reach the resource at a deeper horizon and when production volumes decline, we can go back higher and give the well a second life with a workover. Such an approach will help the company to use the existing technological resource more efficiently,” Koretsky said.

As reported, Ukrnafta intends to drill nine new wells in 2023 and 30 in 2024. The company’s strategic goal is to double its oil and natural gas production to 3 million tons and 2 billion cubic meters by 2027, respectively. According to the latest forecast, oil production in 2023 is expected to increase by 4% to 1.405 mln tons.

“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of 537 filling stations, of which 456 are in operation.

Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. On November 5, 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense, to the state.

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Finland proposes to increase aid to Ukraine

On Thursday, November 23, the Finnish government submitted a proposal to the parliament to amend the draft budget for 2024, among other things, the proposal contains amendments to support Ukraine, the government’s website reports.

In particular, it is proposed to increase by €95.7 million the maximum amount of authorization for the purchase of military equipment for the UKR 2023 Defense Forces for 2024-2028. The proposal will cover the cost of replacing equipment as a result of the 19th package of material assistance provided to Ukraine. The increase in allocations in 2024 will amount to EUR 20.7 million. As a result of the increase, the maximum amount of procurement authorization will be EUR 1 billion 451 million.

In addition, the government proposes to increase the capital of the Finnfund by EUR 25 million, which will be used for investments and loans focused on Ukraine.

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Entry of large vehicles to Kyiv will be restricted on Monday

On Monday, the entry of large vehicles to Kyiv will be restricted due to expected snowfall on November 26-27, Kyiv Mayor Vitali Klitschko said.

“The entry of large vehicles into the city on Monday, November 27, will be restricted,” Klitschko wrote on his Telegram channel on Friday, recalling the warning of weather forecasters.

The mayor also asked drivers and pedestrians to “take into account the weather conditions and be as careful as possible on the roads. Do not go to the city in a private car unless absolutely necessary. Use public transportation instead. And if you are traveling by car, do not park it along roadsides or on sidewalks. This interferes with the work of snow removal equipment.”

According to Klitschko, this season in Kyiv, “525 units of main and additional special equipment of Kyivavtodor will be fighting ice and removing snow on roads, bridges and sidewalks. In total, 17.3 thousand tons of salt and 54.5 thousand tons of sand have been prepared.”

According to the Ukrhydrometeorological Center, a significant increase in snow cover is expected on the afternoon of November 26 and at night on November 27, with winds of up to 17-22 m/s, blizzards, snow drifts, and ice on the roads.

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