Business news from Ukraine

UKRAINIAN MANUFACTURER STARTS PET FEED EXPORTS TO NORWAY

Kormotech LLC (Lviv region), a large Ukrainian manufacturer of cat and dog feed, has signed a three-year contract with the Norwegian online store Dyrekassen on the supply of a pet ration. According to a press release of Kormotech, through the Dyrekassen online store, an exclusive distributor, the company plans to sell 18 tonnes of feed by the end of 2020. It is planned to sell another 100 tonnes of products over the next two years.
Together with a new partner, Kormotech is also working to ensure that after lockdown Optimeal rations are sold in garden centers in Norway and Sweden. This is about 220 stores.
The company said that these are dry and wet rations for cats and dogs under the Optimeal brand in the super premium segment. They are made according to the Swiss fresh meat technology.
Kormotech said that Norway has become the 29th pet export country.
“We are actively working to enter export markets throughout Scandinavia. These are countries with very high quality requirements for products. We have overcome similar complexity procedures to enter the U.S. and UK markets. Kormotech is on the way to getting into the top five world manufacturers of pet feed,” the company said, citing CEO of Kormotech Rostyslav Vovk.
Kormotech LLC is the leading Ukrainian producer of feed for cats and dogs. The company exports products to 29 countries, including the United States, Great Britain, Germany, France, Finland, Sweden, the Netherlands, Spain, Italy, Poland, Turkey, Iran and Chile.
The ultimate beneficiaries of Kormotech are Olena and Rostyslav Vovk.

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UKRAINIAN ARCHITECTURAL COMPANY OPENS OFFICE IN NORWAY

The Ukrainian architectural company Archimatika (Kyiv) has opened the office Archimatika Norge AS. in Oslo, Norway, the company said on its Facebook page.
“We are pleased to announce that Archimatika has opened an office in Oslo – Archimatika Norge AS. Our Norwegian department consists of nine experienced architects, but it will have all Archimatika resources in Kyiv with more than 250 architects, designers and engineers,” the company noted.
According to the report, Archimatika Norge AS will provide services of urban planning, designing of residential, office, commercial real estate, territory planning, research, technical supervision, development of technical documentation and supervision of construction projects.
Currently, the office in Norway has already taken up several projects at various stages, including, in particular, territory planning and preparation of documents.
Archimatika was founded in 2005 by architects Dmytro Vasilyev and Oleksandr Popov.
According to the company, more than 7.6 million square meters of residential and public buildings were designed during its operation. The project portfolio at the design stage as of December 2019 consists of more than 3.5 million square meters.
The company employs 270 people. Currently (December 2019), the company has three offices in Kyiv, Moscow, and Oslo.

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UKRAINE AND NORWAY SIGN STATEMENT ON ENERGY

Ukraine and Norway have signed a joint statement on nuclear security, “green” energy and energy efficiency, Prime Minister of Ukraine Volodymyr Groysman has said.
“During the business forum, together with head of the Norwegian government Erna Solberg, we signed a joint statement launching important energy initiatives on energy efficiency, integration into the European energy market, cooperation in nuclear safety and “green” energy,” Groysman wrote on Twitter on Monday.

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UKRAINE AND NORWAY IN TALKS ON EUR300-400 MLN INVESTMENT IN RENEWABLE ENERGY

Ukraine and Norway are negotiating about investments in renewable energy projects for EUR300-400 million, Ukrainian Foreign Minister Pavlo Klimkin has said. “We are starting work with a number of Norwegian companies that come to build relations in renewable energy. The matter concerns serious investment of EUR 300-400 million,” the minister said at a joint press conference with the Norwegian foreign minister in Kyiv.
According to Klimkin, the matter concerns projects, in particular, related to solar energy.

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NORWAY PLANS TO INVEST IN UKRAINIAN ENERGY SECTOR – NORWEGIAN FM INE ERIKSEN SOREIDE

Norway is considering the possibility of expanding investments in the energy sector of Ukraine, Norwegian Foreign Minister Ine Eriksen Soreide has said. “We will continue to provide support for energy efficiency, reforms, our dialogue with Naftogaz, corporate governance … We are also looking at how we can expand this support,” she said at the second international Ukraine Reform Conference, held in Copenhagen (Denmark). She noted that Ukraine’s reform efforts in recent years have stimulated a flow of investment in the energy sector of Ukraine, in particular, in renewable energy.
However, we would like to see more investment between Ukraine and Norway in both directions, she added, stressing that investments are possible as a result of effective structural reforms.
A truly independent Anti-Corruption Court will only become a catalyst for private investment, she said.
At the same time, the official said that even pre-election moods should not prevent Ukraine from realizing its goals, so that the expectations of Western partners remain at a high level.

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NORWAY PROVIDES EUR 3.6 MLN TO UKRAINE TO IMPLEMENT COUNCIL OF EUROPE’S PROJECTS

Norway has provided EUR 3.6 million (NOK 34 million) for the implementation of projects of the Council of Europe for Ukraine, Norwegian Ambassador to Ukraine and Belarus Ole Terje Horpestad has said.
“Norway has decided to further support the four-year action plan with EUR 3.6 million… I also want to emphasize that we expect that Ukraine will continue full and deep cooperation with the Council of Europe and will fulfill its obligations. The action plan is important for international confidence and support for further reforms in Ukraine,” he said at a press conference in Kyiv on Tuesday.
In turn, Head of the Council of Europe Office in Ukraine Morten Enberg said that the funds would allow continuing the implementation of the Council of Europe support, in particular, to the judicial reform, the execution of court rulings, decentralization, corruption fighting and support of internally displaced persons (IDPs).
Enberg said that this is the assistance to the Ukrainian government in support of national minorities and the implementation of the action plan under the new law on education.
He said that the total amount for the implementation of the action plan is around EUR 29 million for four years.

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