Business news from Ukraine

Business news from Ukraine

Cabinet of Ministers simplifies import of generators and transformers to Ukraine

The Cabinet of Ministers has simplified the import of power equipment, including generators and transformers, to Ukraine, Prime Minister Denys Shmyhal said.
“We are preparing for winter at all levels. Today we will approve a resolution that simplifies the import of power equipment, in particular generators and transformers, to Ukraine,” Shmyhal said at a government meeting on Friday.
According to him, to do this, the government will actually suspend six technical regulations that were applied to the import and sale of energy equipment.
“Now, a number of these goods will not require a declaration of conformity and marking with a conformity mark,” he concluded.

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American Chamber of Commerce Presented Thanksgiving Awards to Ukraine’s Defenders and American People at Thanksgiving Dinner in Kyiv

The American Chamber of Commerce in Ukraine presented the 2023 Thanksgiving Awards to Ukraine’s defenders fighting for freedom, sovereignty, and independence, and to the American people for their support of Ukraine and Ukrainians during Russia’s full-scale invasion. The awards were presented during a Thanksgiving dinner in downtown Kyiv.

240 top executives of American and international Chamber member companies, partners, friends, and stakeholders gathered in downtown Kyiv for the 2023 American Chamber of Commerce in Ukraine Thanksgiving Dinner during the war. The event demonstrated the resilience and commitment to Ukraine and its recovery, and sent a clear message to the world – the business community working on the ground is grateful to those who support Ukraine on its path to victory, and Ukraine is open for business.

“On this Thanksgiving Day, we express our gratitude to the brave defenders of Ukraine who are fighting for the freedom and preservation of the Ukrainian nation. We are honored to be inspired by their heroism, which shows the world what true bravery is. We are grateful to the united American people for their unwavering commitment and support of Ukraine on its path to victory. Together to victory,” commented Andy Hunder, President of the American Chamber of Commerce in Ukraine.

U.S. Ambassador to Ukraine Bridget Brink received the award on behalf of the American people. As Ukraine moves forward on its path to victory, the world has witnessed the unwavering commitment of the American people, the U.S. government, and U.S. business leaders to Ukraine and the enduring partnership between the two countries.

“AmCham members continue to invest in Ukraine and play a vital role in the economic recovery. The Government of Ukraine and the private sector, working together, can help Ukraine implement reforms, create a vibrant economy, and realize its Euro-Atlantic future. Together, we can ensure that Ukrainians have the freedom to determine their own future,” said Bridget Brink, United States Ambassador to Ukraine.

In 2015, the American Chamber of Commerce launched the tradition of celebrating Thanksgiving in Ukraine. The Chamber member companies recognize organizations, projects, and individuals who have made a significant contribution to the development of a favorable business and social environment in Ukraine, promoted the country on the international stage, and made efforts to make it prosperous.

The American Chamber of Commerce in Ukraine has many people to whom it is grateful, people who are changing Ukraine every day, bringing Ukraine’s victory closer, and making it a better place to do business.

Please see details on who received the Thanksgiving Recognition in 2022 and previous years.

About the American Chamber of Commerce in Ukraine:

The American Chamber of Commerce in Ukraine (the Chamber) is the leading international business association serving 600+ member companies in Ukraine since 1992, delivering the unified voice of the best American, international and Ukrainian companies that have invested over $50 billion in Ukraine and remain committed to the country.

Contact person:

Yuliana Chyzhova, Chief Public and Media Relations Officer at the American Chamber of Commerce in Ukraine, ychyzhova@chamber.ua

How to promote Tik Tok in 2023

TikTok is one of the most popular social networks in the world, which has become a platform with huge competition over time, and every video fights for the audience’s attention. To attract views, likes, and subscribers, you’ll have to put in a lot of work to promote your content.

Creating high-quality and engaging content is the foundation of success, on which high-quality Tik Tok promotion is based. Your videos should be not only interesting but also original, something that viewers will want to watch again and again. Don’t forget that the content should be not only funny but also useful.

To stay at the peak of popularity, follow current trends and implement them in your videos. This will help attract attention and increase the number of views. But remember that trends on TikTok change rapidly, and your task is to catch these changes and adapt to them.

Using hashtags is another important strategy to increase views on TikTok. Choose current and relevant hashtags that match your video. This will help your work get into popular sections and attract a new audience.

Don’t limit yourself to TikTok. Promote your videos on other social networks, on your blog or website. This will open up access to new viewers and help you gain additional subscribers.

Paid promotion can also be part of your strategy. Advertising on TikTok or other social networks can speed up the promotion process and bring new viewers to your account.

Every successful TikTok user has a unique concept. Determine what sets you apart from others and what story you want to tell your viewers. Analytics also plays a key role. Analyze which videos get the most views and use this information to plan future content.

Be proactive and update your content regularly. Regular posts will help maintain viewer interest and strengthen your presence on the platform.

TikTok is characterized by its unique dynamics and requires special approaches to promotion. In addition to general tips for creating and promoting content, there are a number of TikTok-specific strategies that will help you succeed on this platform.

Use effects and filters. The platform offers a wide range of visual effects and filters that can make your video more attractive and interesting. Experiment with them to add uniqueness to your work.

Integrate music and sounds. Music and sound effects play a key role on TikTok. Use popular tracks or create your own unique soundtracks to provide your TikTok followers with a colorful and diverse content.

Participate in challenges. Regularly participating in popular challenges or launching your own is a great way to increase your reach and engagement.

Use Duet and Stitch features. Use the Duet and Stitch features to interact with other users and create collaborative content. Not only does this increase your reach, but it also gives you a new way to look at content creation.

Create short and engaging videos. TikTok loves short and dynamic videos. Strive to make your videos catchy and memorable, but short enough to keep the viewer’s attention.

Be active during peak hours. Determine when your target audience is most active on the platform and post your videos during those hours to maximize your reach.

Hold more live broadcasts. Regular live broadcasts give you the opportunity to communicate with your audience in real time. This is what strengthens the connection with subscribers, and, most importantly, collects likes on Tik Tok, as well as helps to form a loyal community.

Respond to comments and questions. Pay attention to comments and try to respond to them. This shows that you value your audience and are interested in their opinions and suggestions.

On TikTok, success depends not only on general strategies for creating and promoting content, but also on understanding the unique features of this platform. By integrating these specific approaches into your promotion strategy, you can maximize your reach, increase audience engagement, and stand out from the competition.

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Ukrgazvydobuvannia launches well at depleted field

JSC Ukrgazvydobuvannia launched a well at a depleted field in the Carpathians with a daily flow rate of 200,000 cubic meters of natural gas, CEO of NJSC Naftogaz Ukrainy Oleksiy Chernyshov said on Facebook.
“Recently, a well was put into operation at what was thought to be a depleted field in the Carpathians. The depleted field broke a 20-year production record in the entire region and produced more than 200,000 cubic meters of gas per day,” he wrote.
“No happy coincidence. The well is the result of coordinated work, the use of 3D seismic surveys and modern drilling technologies,” Chernyshov added.

Up to 40% of sugar mills in Ukraine have switched to alternative fuel sources

Currently, 30-40% of sugar factories in Ukraine have switched to the use of alternative fuel sources: coal, pellets, fuel oil, peat, industry association Ukrtsukor reported.
“The cost of gas has not increased this year. In previous years, the price of blue fuel was quite high. Our Association has repeatedly appealed to the Ministry of Agrarian Policy and Food, the Ministry of Economy and the Ministry of Energy with a request to provide benefits for gas. Due to the lack of privileges at high prices for blue fuel, the cost of sugar was growing. As a result, some sugar factories carried out certain modernization before the full-scale war and switched to other types of fuel,” the press service of the association quoted acting chairman of the board of Ukrtsukra Nazar Mykhailovin as saying.
According to his information, some plants have been working on alternative fuel, such as peat or fuel oil, since their launch.
“There are those working on pellets and in parallel burning pulp, which is the second raw material of sugar beet processing,” Mikhailovin specified.
As reported, sugar exports in 2022 reached 3% of all agricultural exports of Ukraine. In 2023-2024 marketing year it is expected to reach 650 thousand tons.

Ukraine needs to implement $15 bln worth of energy projects in next 5-10 years

Ukraine needs to implement in the next 5-10 years a number of projects to increase the capacity and flexibility of the energy system, the volume of investments in which will amount to about $15 billion, the chairman of the board of the NEC Ukrenergo Volodymyr Kudrytskyy said.
“There will be countless more winters to come. And our crazy neighbor will not go anywhere from us. So we need to think not only about this winter, but also about the future. That is why we, as a system operator, have a calculated vision of what the optimal energy mix of our country will be for 5-7-10 years, what we should build to secure our facilities from massive shelling, and also to make the energy mix cheaper and cleaner. There is a certain investment menu,” Kudrytskyy said at a briefing at the Media Center in Kyiv on Friday.
According to him, the best defense for Ukrainian generation is dispersal of facilities, as well as their construction according to new technologies and green transition principles, without using expensive fuels like gas and coal.
According to his presentation, Ukraine will require 1.4 GW of new highly maneuverable thermal power plants in the coming years (now 0 GW), as well as 1.1 GW of biofuel-fired thermal power plants (now 0.3 GW). In addition, 3.8 GW of SES (now 6.2 GW), 4.5 GW of WPP (now 0.5 GW) and 0.8 GW of Energy Storage (now 0 GW) are to be added. At the same time, 2 GW of capacity is to be built at Dniester and Kanev HPPs (now 2 GW).
According to rough estimates, this will require $15 bln, of which the most can be invested in WPP – $5.4 bln. SES will cost $2.5 bln, TPP (both types) – $2.3 bln, SNPP – $1.2 bln, SHPP – $3.7 bln.
During the briefing, he added that additional nuclear power plant capacity would also be needed, expressing hope for the return of the Russian-occupied ZNPP.
“There are reserves to increase generation at existing NPPs, plans to build new units. They are long-term, but nuclear electricity will be in demand, especially when the withdrawal of coal-fired thermal power plants from the balance,” Kudrytskyy explained.
He pointed out that Ukrenergo made calculations with the help of specialized software to get a vision “how to build such a system, which would be ready at any time to meet the demand of consumers and be the cheapest of all such systems”.
At the same time, the head of the company emphasized that the calculation should be based on private investment.