Business news from Ukraine

Ukrainian restaurants Tarantino Family come under control of a businessman from Germany

Florian Bollen, a German businessman and co-owner of craft breweries German Kraft Beer, Tarantino Family restaurant chain is coming under the control of Florian Bollen, the chain’s website says.
“From October 1, 2022, the Tarantino Family will come under the control of the German businessman and co-owner of craft breweries Florian Bollen. The new owner already owns the German Kraft Beer chain in London, plans to invest and develop the restaurant market in Kyiv,” the message says.
Bollen’s LinkedIn indicates that the businessman will take over the restaurant chain.
“The start of work in Kyiv will be a great confirmation of our belief in the victory of the Ukrainians and a good example for European investors,” he commented.
The Tarantino Family network in Kyiv includes restaurants “Rukkola”, “Murakami”, Villa Riviera and others, in total 28 objects. Among the owners of the network is Dmitry Fedotenkov.
As reported, the capital’s law enforcement officers are investigating the criminal activities of the owners of a well-known restaurant chain for the legalization and withdrawal of funds in the Russian Federation. According to the Kyiv prosecutor’s office, citizens of Ukraine – the owners of a large restaurant chain – retained control over the business in the territory of the aggressor country, transferring it to the management of a Russian restaurateur. The name of the network was not called, but later information spread in the media that it was about the Tarantino Family.

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Vitali Klitschko asked Germany for generators and heating points for Kyiv

Kyiv Mayor Vitaliy Klitschko appealed to the Federal Minister of Economic Cooperation and Development of Germany to transfer generators and mobile heating units to Kyiv as an aid, according to the website of the mayor of the Ukrainian capital on Wednesday.
“I am talking with German partners about helping the Ukrainian capital and the people of Kiev to get through this heating season, which will be very difficult under martial law. In particular, I appealed to the Federal Minister for Economic Cooperation and Development of Germany to provide Kyiv with generators and mobile heating points as assistance,” wrote Klitschko in the Telegram channel.
The mayor of Kyiv also said that the Ukrainian capital will acquire mobile mobile boilers as a backup source of heat supply in case of emergency during the heating season. They will provide heat to hospitals, kindergartens, schools, and will work at heating points that the city will deploy.

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Germany from September 1 changes rules of stay for citizens of Ukraine

The Federal Council of Germany has published a decision to change the rules for the stay of Ukrainian citizens in the country from September 1, 2022.

According to the decision of the government, from September 1, for citizens of Ukraine, the registration of the time spent in the country begins. All days of stay will be taken into account, starting from February 24. Those Ukrainians who stay in Germany for more than 90 days will have to receive temporary protection status or leave the country for the next 90 days.

At the same time, Ukrainians who arrive in Germany after September 1, 2022 will also be able to legally stay in the country for 90 days without having to apply for registration of temporary protection status.

Registration for citizens of Ukraine will be open throughout the war.

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Germany’s GDP was at zero growth in second quarter

The volume of the German economy in the second quarter did not change compared to the previous three months, according to preliminary data from the German Federal Statistical Agency (Destatis).
In annual terms, GDP growth, adjusted for the number of working days, was 1.4%.
Analysts on average expected the first indicator to rise by 0.1% and the second by 1.7%, according to Trading Economics.
In the first quarter, GDP grew by 0.2% qoq and increased by 3.8% yoy.
The volume of the German economy is still 0.2% lower than in the fourth quarter of 2019 – that is, in the last quarter before the onset of the coronavirus pandemic, Destatis said.
Destatis will publish final data on the dynamics of the country’s economy in the second quarter on August 25.
At the same time, the statement of the statistical office notes that due to the ongoing COVID-19 crisis and the Russian invasion of Ukraine, the data is subject to more uncertainty than usual. This indicates the possibility of a stronger revision of the figures compared to those originally announced.

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Germany to supply bridge-laying tanks to Ukraine

Germany will supply Ukraine with 16 Biber bridge-laying tanks, the German Ministry of Defense has reported.

“We continue to support! To further support the ground forces of Ukraine, Minister Lambrecht has decided to deliver a batch of 16 Biber armored bridge layers. They can be used to overcome water or other obstacles in battle,” the ministry said on Twitter on Friday.

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PM of Ukraine said that in autumn international conference on restoration of Ukraine could be held in Germany

Prime Minister of Ukraine Denys Shmihal says that the Ukrainian authorities expect to hold an international expert conference in Germany on the restoration of Ukraine in autumn.
“We appreciate Germany’s contribution to ensuring the unity of the European Union in support of Ukraine and measures to counter full-scale Russian aggression. I also want to thank the German side for the fact that, following the results of the G7 summit, German Chancellor Olaf Scholz announced the convening of an international expert conference on the restoration of Ukraine and the creation of an appropriate recovery plan within the framework of the German G7 presidency,” the government press service quotes Shmyhal after a meeting with German Federal Minister of the Interior Nancy Feser and German Federal Minister of Labor and Social Affairs Hubertus Geil.
The prime minister stressed that Ukraine expects such a conference to be held this autumn in Germany, and according to him, the European Commission also expressed its readiness to join the event.
In addition, Shmigal thanked Germany for providing Ukraine with 1 billion euros in grant financial assistance.
The parties also discussed the development of projects in the social sphere, as well as the issue of recognition of Ukrainian documents in the Diya application.
In turn, German Federal Minister of the Interior Nancy Feser said that Germany is ready to help in clearing Ukrainian territories and will do everything in its power to help Ukraine in the war.

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