Business news from Ukraine

Business news from Ukraine

PRESIDENT OF UKRAINE INVITES PRESIDENT OF TURKMENISTAN TO VISIT UKRAINE

President of Ukraine Volodymyr Zelensky has received credentials from Ambassador of Turkmenistan to Ukraine Toila Ataev, and expressed belief that both sides would take effective steps to further develop Ukrainian-Turkmen mutually beneficial cooperation.
“The two noted the interest of Ukraine and Turkmenistan in the intensification of political, trade, economic, cultural and humanitarian cooperation between the two countries. Special attention was paid to strengthening cooperation in the construction industry,” the presidential press service said on Friday.
Zelensky expressed hope that the distribution of COVID-19 would not interfere with plans to intensify bilateral dialogue, and conveyed an invitation to President of Turkmenistan Gurbanguly Berdimuhamedow to visit Ukraine.

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PRESIDENT OF UKRAINE DECLARES UAH 28.6 MLN INCOME IN 2019

President of Ukraine Volodymyr Zelensky has declared his property, income, expenses and financial liabilities for 2019. “According to the declaration, the income of the head of state and his family in 2019 amounted to UAH 28.602 million. Zelensky’s family paid taxes in the amount of UAH 3.6 million to the budget,” the presidential press service said.
Since May 2019, Zelensky has not been engaged in entrepreneurial activities and receives salaries exclusively in the state administration. His salary from May to December 2019 amounted to UAH 208,787.
“In the reporting period, an increase in his spouse’s salary and a decrease in the salary and business income from the entrepreneurial activities of Volodymyr Zelensky were recorded,” the report said.
In particular, in 2019, the president’s family received funds in repayment of government domestic loan bonds for a total of UAH 5.1 million and incurred expenses for the acquisition of government bonds in the amount of UAH 5.2 million.
Zelensky declared UAH 4.423 million, which were received from the sale of real estate in Kyiv in Velyka Vasylkivska Street, owned by his wife.
Also, the Zelensky family received UAH 3.2 million for renting an apartment in the UK.
In 2019, the wife of the president, Olena Zelenska, received a loan from the first assistant to the head of state, Serhiy Shefir, in the amount of UAH 5 million. The loan was repaid by the end of the reporting year.
Zelensky in 2019 spent UAH 11.5 million as a contribution to the election fund of the candidate for the president of Ukraine.

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UKRAINIAN PRESIDENT PLANS TO FIND $3 BLN FOR BIG BRIDGES PROJECT

Ukrainian President Volodymyr Zelensky plans to find financing in the amount of $3 billion for the construction program to restore bridges across Ukraine.
“There is a planned large program, which I am looking another $3 billion for, as this is my responsibility. These are all the bridges of our country,” he said during a press conference on Wednesday.
According to the president, only in Ivano-Frankivsk region there are about 1,900 bridges of different sizes.
Zelensky also said that it is planned to complete the construction of a bridge in Zaporizhia in two and a half years.

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PRESIDENT OF UKRAINE: TREND IN NUMBER OF COVID-19 CASES IS OPTIMISTIC

President of Ukraine Volodymyr Zelensky has said that a trend in number of coronavirus (COVID-19) cases in the country is optimistic, however one should not be careless about the infection. The president’s press service said that on Tuesday, during a regular meeting on the prevention of the spread of COVID-19 in Ukraine, the head of state was informed that the number of new COVID-19 cases in Ukraine in the past 24 hours was 260 and 356 patients have recovered.
“The coronavirus epidemic has forced us all to make new decisions and accept new living conditions. All countries in the world have revised their approaches. Today’s trend in the number of those who fell ill and those who recovered inspires hope that we have passed the first challenges with dignity. However, this does not mean that we should be careless with coronavirus infection. We will do everything to guarantee the safety of Ukrainians,” Zelensky said.
Minister for Communities and Territories Development of Ukraine Oleksiy Chernyshov informed the president that so far almost all regions have paid 300% bonuses to medical workers who worked with COVID-19 patients in March. Three regions will resolve this issue in the coming days.
Also, some regions have already started paying bonuses for April, and by the end of the week the Cabinet of Ministers expects a significant increase in the number of agreements with the National Health Service, which is necessary to make these payments.

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UKRAINIAN PRESIDENT: BUILDING OF SUCCESSFUL EUROPE CANNOT BE COMPLETED WITHOUT UKRAINE

Ukrainian President Volodymyr Zelensky is convinced that the “Ukraine is Europe” slogan should not be formal, which Ukrainians recall once a year, it should be part of their consciousness. “I have always said that Europe is, first of all, a way of thinking. Europe begins with each of us, with each citizen, with the observance of laws, payment of taxes, protection of democratic values and civil society, free expression of will, freedom of speech, thought and religion, equality and respect, with the “allergy” to taking or giving bribes, with a properly parked car and a cigarette butt thrown into the garbage bin. Let’s make Europe Day every day,” he wrote on his page in the Facebook social network on the occasion of Europe Day.
Zelensky recalled that the European friends of Ukraine in 2020 marked the 70th anniversary of the Schuman Declaration, with which the European Union actually began its countdown.
“The words of Robert Schuman are still relevant today: “Europe will not be made all at once, or according to a single plan.” The building of a united, prosperous and successful Europe continues. It is obvious to me that this process cannot be considered completed without Ukraine. We believe that this day will definitely come, and our state will be a full part of the European family!” the President of Ukraine said.

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PRESIDENT OF UKRAINE PLANS TO CREATE STATE AIR CARRIER

President of Ukraine Volodymyr Zelensky is initiating the creation of a state airline, whose fleet will be formed from aircraft manufactured by Antonov state-owned enterprise, he said this in the film “The Year of President Zelensky,” broadcasted by Ukraine 24 TV Channel.
“Antonov is a large enterprise with a large number of jobs. Not a single aircraft has been built in recent years. I do not understand why our planes do not fly on domestic flights. Where are our ANs (aircraft manufactured by Antonov state concern)? We agreed with them, now we are developing a program, and we will do it. We have to create a state airline. It is my dream to create a state-owned modern airline at the level of Turkish Airlines or Singapore Airlines. The state is ready to allocate money for this,” he said.
Zelensky noted that in this way the state would not only create a national airline, but would also provide orders to Antonov state aircraft concern, creating additional jobs.

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