Business news from Ukraine

Business news from Ukraine

Austrian Embassy in Ukraine held solemn diplomatic reception in Kyiv

On October 24, 2024, Ambassador Extraordinary and Plenipotentiary of the Republic of Austria to Ukraine Dr. Arad Benkyo held a solemn diplomatic reception in Kyiv on the occasion of the main Austrian National Holiday, which has been celebrated on October 26 every year since 1965. On this day in 1955, the Austrian Parliament adopted the Federal Constitutional Law on Permanent Neutrality, which defines the policy of the Alpine Republic – not to participate in war, not to allow the establishment of military bases of foreign countries on its territory and never join any military alliances in the future. Although Austria is a member of the European Union, the country has renounced membership in NATO.
On this occasion, numerous guests – partners and friends of Austria – gathered in the capital’s Hilton Kyiv hotel to celebrate this special day together. These are representatives of foreign diplomatic missions in Ukraine, representatives of government agencies, including the Deputy Minister of Foreign Affairs of Ukraine Yevhen Perebiynis, representatives of Austrian companies in Ukraine, educators.
The event solemnly began with the singing of the anthems of the Republic of Austria, Ukraine and the European Union.
Dr. Arad Benjo, Ambassador Extraordinary and Plenipotentiary of the Republic of Austria to Ukraine, and Yevhen Perebiynis, Deputy Minister of Foreign Affairs of Ukraine, addressed the guests with welcoming remarks.
On June 24, 1992 diplomatic relations between Ukraine and Austria were established.
On June 24, 1992 the Austrian consulate in Kiev was transformed into the Embassy. Austria is the only country that has not formalized the diplomatic recognition of Ukraine, as it believes that the fact of Ukraine’s membership in the UN and a number of international special organizations is a sign of Ukraine’s recognition by the world community in 1945.

Source: https://www.facebook.com/UkrDiplomatic

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Starting tomorrow, Kyiv will limit speed to 50 km/h in areas where it was possible to drive up to 80 km/h in summer

Starting November 1, the speed limit on the roads of the Ukrainian capital will be limited to 50 km/h on all eight sections where it was allowed to drive at speeds up to 80 km/h in the spring and summer, according to the website of the Kyiv City State Administration.

These are the sections on Naberezhne Shosse (from Poshtova Square to Prydniprovske Shosse), Prydniprovske Shosse, Stolychne Shosse (to Akademika Zabolotnoho Street), Bazhana Avenue (from the Southern Bridge Crossing to Kharkivska Square), Shukhevycha Avenue (from the Northern Bridge to Balzaka Street), Bankova Avenue, and Balzaka Street. Bandera Avenue (from Obolonskyi Avenue to the Northern Bridge), Naberezhno-Rybalska Street (from Havanskyi Bridge to Elektrykiv Street), P-69 highway (from Ozerna Street to the Kyiv city border, except for the section near the traffic light facility).

In total, 105 road signs will be dismantled in the city, which allowed driving at speeds up to 80 km/h. During the works, there may be short-term partial traffic restrictions on these streets.

“Please note that the speed limit is 30 km/h on the streets near schools and kindergartens with access to the road. Speed limits are also in effect on road sections where repairs are being carried out,” the KCSA emphasized.

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10th Kyiv International Economic Forum will be held in Kyiv

On November 7, the 10th Kyiv International Economic Forum ( KIEF) 2024 will be held with the theme “The Power of Challenge. What will shape the future of Ukraine and the world?.

For the third time, the forum will be held in Kyiv under martial law. Its participants will discuss the war in Ukraine in the context of the global world: protecting Ukraine’s economic interests in the EU, opportunities and challenges for human capital, the future of the energy system, Ukrainian Defense Tech in the global technology market, and business relations with the government to restore Ukraine.

This year’s Forum will be held against the backdrop of the US presidential election scheduled for November 5. The election results will be one of the key topics for discussion among speakers and participants.

“It is important that business, government and society work together to create effective mechanisms of cooperation. Especially now, when the full-scale invasion of Ukraine is compounded by global instability. We are on the verge of great changes, and the question before us is: how will we use them? Will these challenges become an insurmountable obstacle or, on the contrary, an incentive to find new solutions and move forward? “ said Yuriy Pyvovarov, CEO of the Kyiv International Economic Forum.

The organizers expect more than 100 speakers to take part in 16 panel discussions.

Among them:

Representatives of the international community

Vyacheslavs Dombrovskis, Minister of Economy and Energy of Latvia (2014), Minister of Education and Science of Latvia (2013-2014)

Katarīna Mathernova, Ambassador of the European Union to Ukraine

Michael McFaul, Professor of Political Science at Stanford University (online)

John Denton, Secretary General of the International Chamber of Commerce (ICC)

Crispin Allison, senior partner at Marsh McLennan

Konstantinos Nakis, Partner and President of Chicago Atlantic Trident

Dan Rice, President of American University Kyiv, former US Army officer

Leaders of the business community

Olga Ustinova, CEO of Vodafone Ukraine

Vasyl Khmelnytsky, Forum initiator, founder of UFuture holding

Yevhen Osypov, CEO of Kernel

Natalia Yemchenko, Director of Public Relations and Communications at SCM

Galina Gerega, co-founder of Epicenter Group of Companies

Taras Kitsmei, co-founder and member of the Board of Directors at SoftServe

Sergiy Voitsekhovsky, member of the Board of Directors, BGV Group Management

The discussion panels will also include participants from the public sector – representatives of the Cabinet of Ministers, the Office of the President of Ukraine, and the Verkhovna Rada.

Program updates and speaker announcements can be found on the website.

This year, in partnership with Gen.Ukrainian, KIEF is allocating part of the proceeds from ticket sales to the psychological rehabilitation of children affected by the war. The funds will be used to organize Gen.Camp camps where children will receive professional help from qualified psychologists and psychotherapists. In addition, those interested can make additional donations at the link.

TheKyiv International Economic Forum is one of the largest international forums in Eastern Europe, bringing together representatives of business, government and society to discuss key economic issues and global trends.

A number of ideas discussed at KIEF were later implemented, in particular, at the legislative level: industrial parks, an export credit agency, energy service contracts, a moratorium on the export of roundwood, and a reduction in the unified social tax. These tools have attracted billions of dollars in investment and increased Ukraine’s GDP.

Registration for the Kyiv International Economic Forum is available here.

Title partners: UFuture, Mastercard, Nova Poshta, AEQUO

Partners: Biopharma, INTERPIPE, FUIB, MHP, Epicenter, PrivatBank, DTEK, Lamel, Ajax Systems, Biosphere Corporation, Sense Bank, Kernel, Vodafone, OKKO, Metinvest

Program partners: ACC (American Chamber of Commerce in Ukraine), Center for Social Change and Behavioral Economics, GLOBSEC

Business expert: Forbes Ukraine

Title media partners: Starlight Media, 1+1 media

Media partners: New Voice, LIGA.net, RBC-Ukraine, Delo.ua, Interfax-Ukraine, The Kyiv Independent, TAVR Media, Mind.ua, Kyiv Post

To apply for media accreditation: accreditation form.

Contact person for registration of participants:

Oleksandra Barabash

Tel.: +380 50 880 0010

Email: tickets@forumkyiv.org

Contact person for media accreditation:

Bohdana Myshkovska

Tel: +380 63 597 4806

Email: bogdana@sameandfriends.com

Interfax-Ukraine is a media partner of the Forum.

https://interfax.com.ua/

 

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Unique investment offer for commercial real estate on Landscape Alley

A new unique opportunity for investors in one of the most famous and picturesque places in the capital – Landscape Alley. This place, which has a great historical and cultural value, is known not only for its landscapes, but also for the constant flow of tourists and locals. The only available commercial space is located here, which creates an exceptional opportunity to open and develop a successful business in the heart of Kyiv.

Characteristics of the property

The offer includes three combined apartments on the ground floor of the historic building, as well as additional space on the sixth floor. The total area of the premises allows to accommodate various types of commercial enterprises, such as a restaurant, boutique hotel or other projects focused on the tourist and local market. All premises have recently undergone major repairs with modernization of engineering systems and interior renovation, which allows the new owner to start their business promptly.

Advantages of the investment project

Landscape Alley is a park popular among tourists and locals, known for its historical significance and picturesque views. The daily flow of visitors creates favorable conditions for any commercial project.

The 185-square-meter premises, with the possibility of expanding to 225 square meters, have just undergone a major renovation with the replacement of all communications. The space is ready to be used for a variety of businesses – from a family restaurant to a boutique hotel or sports complex.

Due to its central location and constant flow of tourists, the property has high profitability and a wide range of business opportunities.

The transfer of the premises to non-residential use will be fully supported by the legal team, including the development of a design project and the execution of all necessary works. The price of the property includes the entire range of works, except for the final finishing works. This allows investors to start their business as soon as possible.

This unique commercial offer provides investors with transparent transaction terms and the most comfortable conditions for starting a business in a prestigious area of Kyiv.

Contact information for inquiries: Phone: (050) 340 66 44

Address: 16 Velyka Zhytomyrska St., Kyiv, Ukraine

Watch more in the video at the link: https://www.youtube.com/watch?v=PnI7rJzq5Og

 

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Radiation background and air pollution level in Kyiv are normal

As of 8:00 a.m. on September 28, the level of air pollution in Kyiv is very low, and the radiation background throughout the city is normal, according to the Department of Environmental Protection and Climate Change Adaptation of the Kyiv City State Administration.

According to the KCSA website, a total air quality index of 20 to 36 (very low level of pollution) was recorded at seven stationary air monitoring stations in different districts of the Ukrainian capital. The radiation background is 0.1 μSv/hour.

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Serbia plans to reopen its embassy in Kyiv

Ukrainian Foreign Minister Andriy Sybiga held talks with Serbian Foreign Minister Marko Djuric in New York.

“I met with Marko Djuric. We highly appreciate Serbia’s support for Ukraine’s sovereignty and territorial integrity and participation in the Peace Formula. I informed him about the Russian attacks on our energy system. I welcome Serbia’s decision to reopen its embassy in Kyiv this year,” Sibiga wrote on social media site X.

On May 13, Ukrainian Foreign Minister Dmytro Kuleba announced after a meeting with the Serbian head of state that Serbian President Aleksandar Vucic had agreed to hold a Ukrainian-Serbian business forum in the near future, as well as to reopen the Serbian embassy in Ukraine for the first time since March 2022.

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