Business news from Ukraine

Business news from Ukraine

PRESIDENT OF UKRAINE BELIEVES RAILWAY SERVICES SHOULD CONNECT MORE UKRAINIAN, POLISH CITIES

President of Ukraine Volodymyr Zelensky is in favor of railway services connecting more and more cities of Ukraine and Poland.
“Both Ukrainians and Poles should have comfortable conditions for mutual trips. In particular, railway services should connect more and more Ukrainian and Polish cities,” he said at the Ukrainian-Polish economic forum in Odesa on Tuesday.

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PRESIDENT OF UKRAINE SIGNS LAW ON PROMOTING DEVELOPMENT OF PHYSICAL CULTURE, SPORTS

President of Ukraine Volodymyr Zelensky signed law No. 910-IX on amendments to certain laws of Ukraine concerning the promotion of physical culture and sports, the presidential press service said.
“The document is aimed at supporting and developing the sphere of physical culture and sports. The law provides for the granting of the right to lease state-owned and municipal property without an auction to state-owned and municipal sports clubs, youth sports schools, schools of higher sports skills, Olympic training centers, physical culture and health-improving facilities, centers of physical health of the population, centers of physical culture and sports for persons with disabilities, as well as bases of Olympic, Paralympic and Deflympic training,” the presidential press service said.
In addition, the document coordinates the terminology of the current legislation in the field of physical culture and sports with the law of Ukraine on education, in particular, the term “teaching establishment” has been replaced by the term “educational institution.”
The law comes into force one month after the date of its publication.

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PRESIDENTS OF UKRAINE AND POLAND TO MEET IN KIEV ON OCT 12

President of Ukraine Volodymyr Zelensky and President of Poland Andrzej Duda will hold a meeting in Kyiv on October 12, the presidential press service of Ukraine said.
“On October 12, a meeting will take place between President of Ukraine Volodymyr Zelensky and President of the Republic of Poland Andrzej Duda, who will be in Ukraine on an official visit,” the service said in the statement.
According to the presidential website, the official meeting ceremony will take place at Mariyinsky Palace, where the signing of Ukrainian-Polish bilateral documents will also take place.
In addition, on October 13, Zelensky and Duda will visit Odesa, take part in the work of the Ukrainian-Polish economic forum.

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PRESIDENT OF UKRAINE SUPPORTS ADOPTION OF LAW ON INLAND WATERWAY TRANSPORT

President of Ukraine Volodymyr Zelensky advocates the adoption of a law on inland waterway transport, which will allow the development of a cheap type of freight transportation and save Ukrainian highways.
During a conversation with media representatives in Kherson region, the president noted that now the state is investing billions of hryvnias in the repair and construction of highways, and then overloaded trucks move along them and destroy the roadbed.
“The country should have several routes of transportation. Water transport is one of the cheapest types of transportation,” Zelensky said.
According to the head of state, the draft law on water transport is under consideration in the profile committee of the Verkhovna Rada.
“I am sure that we will vote this law, and this type of transport, which we really need, will work. And we will develop shipping and transportation,” Zelensky stressed.
The adoption of the law will contribute to an increase in freight traffic of 35 million tonnes per year, saving roads and UAH 1 billion for road surface repairs over four years. The document, if adopted, will provide constant funding for safe river infrastructure, stimulate shipbuilding and the restoration of Ukrainian enterprises and jobs, and also open the admission of vessels under a foreign flag to the inland waterways of Ukraine, which will contribute to the development of international trade.

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TIME FOR GOVERNMENT TO MOBILIZE TO PREVENT SECOND COVID-19 WAVE – UKRAINIAN PRESIDENT

Ukrainian President Volodymyr Zelensky has instructed Prime Minister Denys Shmyhal to urgently assess the readiness of hospitals to help patients, to provide institutions with all the necessary equipment, given the rapid growth in the number of cases of COVID-19 coronavirus infection in the country.
The Office of the President reported on Saturday that the head of state instructed the government to provide medical workers with personal protective equipment in full amount and to strengthen control over compliance with quarantine rules.
Also, the Cabinet of Ministers must revise the operation of the entry points on the administrative border with the temporarily occupied territory of the Autonomous Republic of Crimea and the city of Sevastopol.
“Ukraine knows how to mobilize if necessary. It’s time for the government to mobilize to prevent a second wave of coronavirus infection, which can have dire consequences not only for the economy, but also for our human capital,” Volodymyr Zelensky said.

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PRESIDENT OF K.FUND FOUNDATION IS ASSIGNED LIDIA PASHCHUK

The Vasyl Khmelnytsky K.Fund foundation was headed by Lidia Pashchuk, who had been managing one of the foundation’s key projects for about four years — the Small and Medium Entrepreneurship School. Under her leadership, the SME School covered 15 Ukrainian cities, and more than 1,000 entrepreneurs graduated from it. Lidia will replace Fedor Logvinenko, who decided to focus on developing his own business.
“The main goal of K.Fund is to support creative industries through education and personal development. As President of the foundation, I plan to develop and deepen cooperation with international and Ukrainian partners for the development of Ukraine’s economy, as well as to implement educational projects aimed at developing people of all ages, including schoolchildren. Of course, the development of small and medium enterprises will be one of my priorities,” said Lidia Pashchuk.
The new president of K.Fund is a candidate of economic sciences, a certified lecturer at the Chartered Institute of Marketing (CIM) and an associate professor at the Department of International Economics and Marketing at Taras Shevchenko National University of Kyiv, consultant to international organizations. Lidia has more than 15 years of experience in leading international and domestic companies and institutions, in particular, in the World Bank. As a consultant, marketer and manager, she participated in the development and implementation of projects for the assessment and restructuring of enterprises, business reorganization, strategic marketing, communication policy, creation and promotion of new brands, research of local and international markets, etc.
ADDITIONAL INFORMATION
K.Fund is a foundation of Vasyl Khmelnytsky, established to support projects in the field of education and economics. K.Fund’s mission is to provide the keys to development and implementation, provide opportunities to gain new knowledge and skills, promote discoveries and help reach a new level.

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