The Netherlands, together with Denmark, will produce CV90 infantry fighting vehicles for Ukraine, and together with Germany – Patriot.
This was announced on Friday by the Dutch government.
“The Netherlands, together with Denmark, is participating in a €400 million Swedish fund to create CV90 infantry fighting vehicles for Ukraine. Most of them will be produced in the Netherlands. In addition, Germany is launching a European assembly line for Patriot missiles, partly due to demand from the Netherlands,” the press release said.
In addition, the Dutch Ministry of Defense is also investing 54 million euros in the Dutch industry to develop drones for its own armed forces. This is included in the action plan to increase the production and supply of military equipment, the Dutch government said.
The National Bank of Ukraine (NBU) has imposed a penalty of UAH 33.76 million on state-owned Oschadbank, UAH 11.05 million on Pivdenny Bank and UAH 10.05 million on A-Bank, the regulator’s website reports.
According to it, Oschad was fined for improper organization of primary financial monitoring in terms of the obligation to develop, implement and update internal documents on the Law “On Prevention and Counteraction to Legalization (Laundering) of the Proceeds of Crime, Terrorist Financing and Financing of the Proliferation of Weapons of Mass Destruction” (AML/CFT) and the lack of procedures in them sufficient to ensure effective risk management.
It is noted that other reasons for the fine imposed on the financial institution include the bank’s failure to properly fulfill its obligation to implement an automation system, apply a risk-based approach, and verify new and existing customers.
Pivdenny Bank was fined for improper implementation of enhanced due diligence measures in relation to clients with high risk business relationships, untimely submission of documents at the NBU’s request to comply with the requirements of VAT/FT legislation, and failure to identify all the criteria for money laundering risk inherent in business relationships with clients.
A-Bank received a fine due to improper due diligence of the RIAs, new and existing customers, as well as improper application of a risk-based approach.
In addition, the central bank fined Diamond Pay LLC (TM DPAY, Dnipro) of Victoria Golubeva with a turnover of UAH 2.6 billion in 2023 for UAH 13.06 million for a number of violations in terms of primary financial monitoring. According to the company’s website, it is a service for organizing payment acceptance and online transfers, and its main services include payments on gambling websites, including Favbet.
France will allocate 200 million euros to companies that will invest in the restoration of Ukraine’s critical infrastructure, with 60 million euros of these funds going to the Ukrainian energy sector, French President Emmanuel Macron said.
“We held a meeting at the level of the Reconstruction Fund and decided that new instruments will be created to accompany this reconstruction of Ukraine. An agreement has been signed on a 200 million euro fund that will be earmarked for those companies that will invest in Ukraine’s critical infrastructure to rebuild it,” Macron said during a joint press conference with Ukraine’s president in Paris on Friday evening.
At the same time, he said, 60 million euros from this fund will be directed to Ukraine’s energy sector and its priorities.
The French President also announced the decision to expand the mandate of the French Development Agency to support projects in Ukraine at the local level.
In particular, it was decided to second 20 French technical experts to various key ministries of Ukraine to witness the work on standardization.
The new tariff of 4.32 UAH/kWh does not cover the market cost of electricity, which today is 7-8 UAH/kWh, said Prime Minister of Ukraine Denis Shmygal.
“Even this increase did not cover the market cost. The market cost of electricity fluctuates today around 7-8 UAH. We set the tariff at 4.32 based on the cheapest production cost of Energoatom and Ukrhydroenergo. Plus we include the cost of delivery to people from the two components. And this is the lowest cost price of the cheapest electricity, which we have in the state and which is available today”, – said Shmygal on the air of the national telethon on Friday evening.
According to the prime minister, the state pays about 90 billion hryvnias to ensure this non-market price for the population.
Shmygal also emphasized that the tariff of 4.32 UAH/kWh is fixed for one year, it is secured by subsidies.
As reported, the Cabinet of Ministers of Ukraine has established from June 1, 2024, the tariff for electricity for the population in the amount of 4.32 UAH/kWh (including VAT), which is 64% higher than the previously effective tariff of 2.64 UAH/kWh (including VAT).
More than 2,000 people from over 60 countries will participate in the Ukraine Recovery Conference (URC-2024), which Germany and Ukraine will co-host on June 11 and 12 in Berlin, the German Ministries of Foreign Affairs and Economic Cooperation and Development said in a press release on Friday.
“Together with numerous partners from politics, business, civil society and municipalities, we want to use the Ukraine Recovery Conference to do everything we can to support Ukraine on its path of reform and recovery. Our common message is clear: we stand firmly by Ukraine’s side and support it with all our strength – as long as it needs us,” German Foreign Minister Annalena Berbock was quoted as saying in the release.
She noted that Ukraine is defending the free European way of life with great determination, and Germany and the EU, for their part, continue to provide Ukraine with all-round support: economic, humanitarian and political, as well as supplying much-needed weapons.
“We are doing everything possible so that Ukraine can soon have a seat at the negotiating table in the European Union,” the German foreign minister added.
German Development Minister Svenja Schulze emphasized that even in the current wartime, Ukraine needs to constantly rebuild homes, water pipes, hospitals and power grids.
“Surrendering is not an option. People want to continue living in their country, and for that they need electricity, water and a roof over their heads. The reconstruction conference in Berlin is a strong message of solidarity. Partners from around the world are joining forces to support Ukraine’s reconstruction,” the minister said.
According to her, this task is too big to be solved by governments alone, so companies, civil society and municipalities have been invited to the conference.
It is specified that more than 2,000 conference participants represent approximately equal parts of three groups: governments and international organizations; businesses and civil society; and municipalities and regions. In particular, more than 600 representatives of Ukrainian, German and international companies from such sectors as energy, healthcare, logistics and armament, as well as representatives of municipalities and civil society will present their work in the framework of URC-2024.
“The goal of the conference is to bring together this wide range of activities and target them to address Ukraine’s short- and long-term recovery needs,” Schulze summarized.
The release announces the launch at the upcoming conference of a new initiative for skilled workers, a skills alliance for Ukraine, and an alliance for SMEs, as well as a host of other cooperative agreements.
It is pointed out that for the first time at the Ukraine Recovery Conference, Germany, as co-organizer, is focusing on social and community recovery in areas such as education, health, and municipal and regional recovery.
“To ensure Ukraine’s early accession to the EU, the focus is also on the necessary reforms in Ukraine. In some 30 panels, participants will address this wide range of topics under the motto “United in Defense. United in Recovery. Stronger Together,” the release noted.
According to the currently available program, the conference will be attended, in particular, by European Commission President Ursula von der Leyen and German Chancellor Olaf Scholz, foreign ministers of Germany, Italy, Great Britain, France, Poland and the U.S. special envoy for Ukraine’s recovery, as well as heads of leading international financial organizations.
The Ukraine Reconstruction Conference in Berlin is the third reconstruction conference to be held since Russia’s full-scale war of aggression against Ukraine began in 2022. In July 2022 in Lugano, Switzerland, conference participants agreed on guiding principles for Ukraine’s recovery: the recovery process should be reform-oriented, transparent, democratic and sustainable. The 2023 Ukraine Recovery Conference in London focused on mobilizing the private sector. In 2025, Italy will co-host the recovery conference with Ukraine.
Nazariy Volyansky became the new Head of the ZPP Representative Office in Ukraine. The Union of Entrepreneurs and Employers (ZPP) is a fast-growing and one of the most active employers’ organizations in Poland. The Union was founded in 2010 and unites 17 regional and 19 sectoral organizations, as well as a number of Polish and international companies (over 21 thousand in total). ZPP supports the principles of free market, fair competition, legal stability and transparency.
ZPP is a member of the Social Dialogue Council in Poland, operates in Brussels through its own Representative Office, and is a member of the European Enterprise Alliance and SME Connect. It has two representatives in the European Economic and Social Committee and is the first Polish employers’ organization to open an office in Ukraine.
Together with European financial institutions, ZPP is actively involved in providing economic support to Ukraine in times of war and promotes the development of Ukrainian-Polish business cooperation at all levels.
In this context, in 2022, ZPP launched a global initiative – “Europe-Poland-Ukraine. Rebuild Together”, within the framework of which the Business for Ukraine Centre (BFUC) was opened in Warsaw, and the ZPP Representative Office was opened in Kyiv on July 8, 2022. The initiative is aimed at establishing bilateral trade relations, facilitating the implementation of joint investment projects, and assisting Ukrainian companies considering options for entering the European market through Poland. BFUC provides Ukrainian companies with free legal, tax, information and consulting services to establish and develop direct business contacts on an ongoing basis, assist in the process of relocation, export-import operations, and use of technical and economic services (logistics, warehouses, production infrastructure, access to Polish modern equipment).
ZPP supports the investment activities of Ukrainian companies in Poland to enter the EU market, using the mechanisms of cooperation between the state and business developed in Poland to expand the presence of Ukrainian companies in the relevant segments of foreign economic activity. In this context, the search, selection, and implementation of promising investment projects in Ukraine is carried out with the involvement of Polish state financial institutions (Polish Development Fund (PFR), Bank of National Economy (BGK)) with the support of Polish government agencies.
In June 2023, ZPP, together with the Warsaw Institute of Entrepreneurship (WEI), launched the Polish Service for the Reconstruction of Ukraine project. The aim of this project is to support the modernization and reconstruction of Ukraine in the process of economic development by involving Polish companies in the reconstruction and promoting Ukrainian-Polish cooperation. The project is aimed at establishing contacts with central and local authorities, businesses, and creating a database of investment needs of cities and regions. It covers eight western and central regions: Lviv, Volyn, Rivne, Ternopil, Ivano-Frankivsk, Zhytomyr, Khmelnytsky, and Vinnytsia. The project opened a WEI office in Kyiv and three contact points in Lviv, Lutsk, and Vinnytsia to facilitate connections between Polish and Ukrainian entrepreneurs/local authorities.
To assist Ukrainian citizens in finding employment abroad, ZPP has implemented a separate educational project called IT Skills 4U. This is a free program aimed at improving IT skills and assisting in finding a job and gaining professional knowledge in the IT industry.
About Nazariy:
Nazariy has extensive experience in international relations, communications and investments. He started his career in journalism, where he worked for more than a decade as a production editor, anchor, and head of international affairs at leading Ukrainian TV channels and portals. After the full-scale invasion, Nazariy created the English-language project “Spotlight Ukraine” on one of the country’s most popular TV channels, Espresso. The goal of the project is to raise international awareness of the events in Ukraine.
In 2021, Nazariy was appointed Director of Corporate Communications at the Ukrainian Chamber of Commerce and Industry (UCCI). In this position, he focused on raising the brand of the chamber system both in Ukraine and abroad. An important part of his work was establishing communication with the UCCI members, regional offices and local authorities, as well as organizing various events to increase the UCCI’s visibility in the information space of Ukraine and the world.
In 2023, Nazariy Volyansky was appointed Head of the Department of International Relations and Communications at the Government Office for Investment Attraction and Support under the Cabinet of Ministers of Ukraine (UkraineInvest). During his tenure, Nazariy developed and implemented a communications strategy that significantly increased UkraineInvest’s profile in the European and American markets. He also launched a large-scale media campaign aimed at attracting private capital to Ukraine and successfully explained UkraineInvest’s role in rebuilding the country to international investors.
In addition, Nazariy actively participates in the moderation of international and national business forums, panel discussions and other events, facilitating the exchange of knowledge and experience between participants.
Nazariy Volyansky specializes in government relations, strategic communications, investment, economics, media relations, crisis communications, corporate communications, public relations, event management and digital marketing. His wide range of knowledge and skills allows him to effectively implement innovative solutions and develop new projects.
On April 1, 2024, Nazariy Volyansky was appointed Director of ZPP Ukraine. The main task is to strengthen ZPP’s position in the Ukrainian market, expand cooperation with local authorities, partners, and businesses, and implement new initiatives for more active cooperation between Poland and Ukraine.
