Business news from Ukraine

Business news from Ukraine

Business forum “Vision of Ukraine 2030” will be held in Kiev on July 24

The international business forum “Vision of Ukraine 2030” dedicated to post-war scenarios of Ukraine’s future development will be held in Kiev on July 24, according to the forum’s website.

It will be attended by leading Ukrainian statesmen and representatives of international financial organizations, representatives of state authorities, including regulators who determine the vector of development of the entire country. Founders and heads of innovative educational institutions, successful businessmen, experts in finance, taxation, digital transformation and other key areas will be present.

The main issues to be discussed will be the European future of Ukraine, a new economic model, digital transformation of the banking system, sports, culture and art after the war, fair permanent taxes, and the role of the human factor in the development of the state;

The forum will become a unique permanent platform for exchanging ideas, establishing strategic partnerships and forming a joint contribution to the ambitious plan to build a new European Ukraine after the victory, the information says.

A detailed program and list of speakers is available at: https://www.vu2030.kyiv.ua

Ukraine has started talks on holding second peace summit – Volodymyr Zelenskyy

Ukraine has started negotiations with a number of countries that have expressed interest in holding a second Peace Summit, President Volodymyr Zelensky has said.

“Every step towards a just peace has attracted the attention of certain groups of summit participants and countries that have not yet joined but are interested in peace,” Zelensky said at the conclusion of the first inaugural Peace Summit in Bürgenstock, Switzerland, on Sunday.

According to him, “we already have countries that have expressed their interest in holding a second peace summit, and we have started negotiations with them.”

The head of state did not name the list of such countries.

He also noted that “these days, uniting 101 countries and an international organization, we have achieved a great success for Ukraine and all partners.” “And our fair goal is that all countries of the world join this noble cause,” summarized Zelensky.

 

, ,

Ukraine and Palau establish diplomatic relations

On the margins of the Global Peace Summit in Switzerland, Ukrainian President Volodymyr Zelenskyy met with President of the Republic of Palau Surangel Whipps Jr.

According to the President’s Office, in the presence of the leaders, Ukrainian Foreign Minister Dmytro Kuleba and Palau Secretary of State Gustav Aitaro signed a Joint Communiqué on the establishment of diplomatic relations between the states.

The meeting between the presidents was the first high-level contact between Ukraine and Pacific Palau.

Zelensky thanked Surangel Whipps Jr. for supporting the territorial integrity and sovereignty of Ukraine and invited Palau to join the implementation of the “Environmental Security” clause of the Peace Formula. “It is very important that you have found the opportunity to come to the Peace Summit. Thank you for your clear position. The issues being discussed at the Summit are important not only for Europe, but for the whole world,” the Ukrainian head of state said.

 

, ,

Schedules of hourly power outages will be in effect on Monday from 8:00 to 24:00

Schedules of hourly power outages on Monday, June 17, will be in effect from 8:00 to 24:00, NPC Ukrenergo reported.

In a message on Telegram on Sunday, the system operator noted that from 11:00 to 22:00, the restrictions will affect more consumers than at other times.

The reason for the restrictions is the projected increase in consumption with the start of the working week, NPC explained.

As reported, at the end of this week, another NPP unit went out for scheduled maintenance, which increased the deficit in the power system.

DTEK manufactured 7 new mining combines in 5 months

In January-May this year, DTEK Energo’s machine builders manufactured and repaired 606 units of mining equipment, including seven new roadheaders and shearers.
“Machine-builders also provided miners with 450 thousand spare parts and components,” the energy holding company said in a press release on Friday.
As the company noted, such volumes of necessary manufactured equipment allow it to continue laying a stronger foundation for the thermal generation to pass the next heating season.
“Debris removal and restoration work at thermal power plants damaged by the attacks continues 24/7. Everyone is working in their place. Miners and machine builders are also in their places. Miners – to extract enough coal for reliable operation of thermal power plants. And machine builders – to make sure that miners always have everything they need,” said Ildar Saleev, CEO of DTEK Energy, quoted in the press release.
As reported, in 2023, the company’s investments in Ukrainian coal mining amounted to about UAH 7 billion, which is almost twice as much as in 2022.
“DTEK Energo” provides a closed cycle of electricity production from coal. As of January 2022, the company’s installed capacity in thermal generation amounted to 13.3 GW. A full production cycle has been created in coal mining: coal extraction and preparation, machine building and servicing of mining equipment.

 

,

Innovative pharmaceutical companies remain leaders of the Ukrainian market due to budget purchases – analytics

Innovative pharmaceutical companies remain in the top 15 leaders of the Ukrainian pharmaceutical market due to budget procurement.
According to the presentation of SMD analytical company, presented during the joint seminar with Arzinger law firm “Participation in budget procurement brings multinational pharmaceutical companies good results”.
In particular, budget purchases account for 68% of sales in Ukraine of Roche, 54% of Boehringer and 46% of Pfizer. At the same time, Yuria Pharm is the leader among domestic pharmaceutical companies in budget purchases, budget purchases from which account for 68% of total sales.
At the same time, the reimbursement program “Affordable Medicines” provides a significant volume of sales to such companies as Kyiv Vitamin Plant (KVZ), Astra Zeneca, KRKA and TEVA.
In general, Pharmak with a 6.1% share, Darnitsa (4.6%) and Yuria-Pharm (4.1%) remained the leaders of the pharmaceutical market in terms of sales in 2024.
Among foreign pharmaceutical companies, the leaders were Sanofi and Teva, which at the end of 2023 held 2.7% of the market each, as well as AstraZeneca with a 2.1% share.

 

,