Business news from Ukraine

Business news from Ukraine

There 4.9 mln registered IDPs in Ukraine

There are 4.9 million registered internally displaced persons (IDPs) in Ukraine, the Ministry of Social Policy reports.

“The war started by the Russian Federation has forced many Ukrainians to leave their homes to escape enemy shelling or occupation… In total, there are 4.9 million IDPs in Ukraine today, including those who moved after 2014,” the ministry’s press service said in a statement.

It is noted that the number of those who have become internally displaced or have moved again since 2022 has reached 3.5 million.

Entrepreneurs received UAH 181 mln in compensation for employing over 14,000 IDPs

More than 8,000 entrepreneurs received compensation of UAH 181 million last year for employing more than 14,400 internally displaced persons (IDPs), the press service of the Ministry of Economy reported on Tuesday.

The ministry noted that since the compensation is set at the minimum wage, it has increased from UAH 6,700 to UAH 7,100 since January 1 this year, and will rise to UAH 8,000 since April 1.

“In addition, the duration of the compensation payment has been increased from two to three months, and for the employment of IDPs with disabilities, the employer will be able to receive such compensation for six months,” Deputy Minister Tetyana Berezhna said in the release.

As reported, in April 2022, the government introduced a compensation program for employers to encourage entrepreneurs to hire IDPs.

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“DTEK Energy” has employed over 2.6 thousand IDPs since beginning of war

Since the beginning of Russia’s full-scale invasion of Ukraine, DTEK Energy’s coal mining, power and machine-building companies have hired over 6.8 thousand new employees, more than 2.6 thousand of whom are IDPs, the energy holding said in a press release on Wednesday.
“The lion’s share (of the total number of employees – IF-U), which is more than 2.6 thousand people, are Ukrainians who were forced to leave their homes due to the occupation or the proximity of hostilities,” the document says.
According to the company, the vast majority of IDPs, which is about 95%, were employed at DTEK Energy’s coal mining enterprises. Most of them did not have a mining specialty and were retrained directly at the workplace.
“Another 850 new employees are young people who have just graduated from educational institutions and found their first jobs at mines,” the energy holding said.
According to DTEK Energy CEO Ildar Saleev, during the war it is extremely important that each company not only works to the maximum but also remains a responsible employer and a reliable partner for communities.
“In the history of DTEK Energy, we have experienced numerous relocations of employees from dangerous places and relocations of our enterprises. That is why we understand and always try to support people forced to leave their homes because of the hostilities,” said Saleyev in a press release.
“DTEK Energy provides a closed cycle of electricity generation from coal. The installed capacity of thermal generation as of January 2022 is 13.3 GW. A full production cycle has been created in coal mining: coal mining and enrichment, machine building and maintenance of mine equipment.
DTEK Group is the largest private investor in the energy sector of Ukraine.
DTEK Group companies are engaged in coal and natural gas production, electricity generation at wind, solar and thermal power plants, energy trading on local and international markets, distribution and supply of electricity to consumers, and energy efficiency services to customers.
The group employs about 60 thousand people.
100% of DTEK Group is owned by SCM Limited, with Rinat Akhmetov as the ultimate beneficiary.

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Another 500 IDP families will receive a loan for purchase of housing at 3% per annum

The 12th stage of selection of recipients of preferential mortgage loans for internally displaced persons (IDPs) at the expense of a grant from the German lending institution KfW was held at the State Youth Housing Assistance Fund (Gosmolodzhile), the press service of the Ministry of Regional Development reported.
As a result, 500 winners will receive housing loans on favorable terms.
“Thanks to the German government for systematic support at such a difficult time for Ukraine. After all, the housing program is being implemented under an agreement on financial cooperation between the Cabinet of Ministers of Ukraine and the government of the Federal Republic of Germany. Therefore, another 500 families from internally displaced persons have the opportunity to receive a soft loan to purchase housing “, – Natalya Kozlovskaya, Deputy Minister for the Development of Communities and Territories, is quoted in a press release.
The selection of the winners of the program “Housing for internally displaced persons” was carried out using a random number generator using software (RandomPicker.com service).
Under the terms of the program, loans to IDPs will be provided for up to 20 years at 3% per annum, based on the standard housing area (21 sq. m of total area per person and an additional 10.5 sq. m per family).
As reported, on September 20, the State Youth Ministry held the 11th stage of selection of participants in the “Housing for internally displaced persons” program. 500 winners were selected.
To date, based on the results of the selections, 411 mortgage loans have been issued for a total of UAH 515.6 million.
29,961 applications have been registered in the open register of candidates for obtaining a loan under this program.
The program “Housing for internally displaced persons” is being implemented by the State Youth and the Ministry of Reintegration of the Temporarily Occupied Territories.
The project is funded by a EUR25.5 million grant from the German government provided under an intergovernmental agreement through KfW.
Lending objects can be an apartment in a multi-apartment residential building or a single-apartment residential building, put into operation no more than 50 years ago or reconstructed later – 25 years ago.
You can register for participation in the program through the Diya public services portal or at the regional departments of the State Youth Housing.
At the time of the start of the program, there were about 1.5 million IDPs in Ukraine, of which about 120,000 used the digital certificate of an migrant in the Diya application.

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