Business news from Ukraine

Business news from Ukraine

Kiev’s economic court has canceled entry in state register on change of president of Ukrainian Boxing Federation

The Kiev economic court has cancelled the entry in the Unified State Register of Legal Entities, Physical Entrepreneurs and Public Formations, which contained information that the president of the All-Ukrainian public organization Boxing Federation of Ukraine (FBU) was replaced by Kyrylo Shevchenko instead of Volodymyr Prodivus.

According to the state register of court decisions, the court made such a decision on June 21, having considered Prodivus’s lawsuit.

According to the materials of the court hearing, Shevchenko was elected president of the FBU at an extraordinary conference of the federation, held on February 22, 2022, the corresponding entry in the state register was made on June 15, 2022.

In turn, Prodivus on his Facebook page called the decision to elect Shevchenko as FBU president a “raider seizure of the Boxing Federation”.

He also emphasized that he does not plan to return to the post of head of the FBU, the head of the Federation will be elected in the near future.

“I by my work at the international level will not be able and do not see possible to take the post of President of the Boxing Federation of Ukraine, there are quite a few worthy representatives of the boxing family, who have such ambitions and competence. About the official date of the election will be announced later,” he wrote.

In turn, in an appeal posted on the website of the Federation Shevchenko noted that “opponents illegally changed the record of the unified state register”.

“I immediately filed an appeal, which was accepted and appointed a panel of judges for further consideration of my case,” he said.

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Unified register of weapons in Ukraine to be launched in three months

The unified state register of weapons is planned to be launched in three months, on June 23, 2023, Minister of Internal Affairs of Ukraine Igor Klimenko said
“The first steps that we are doing now is the development of a unified state register of weapons, to be able to exchange data electronically with business entities and other law enforcement agencies,” the website of the Ministry of Internal Affairs of Ukraine reports with reference to the words of the Minister on the air of the national telethon.
The head of the Interior Ministry said that the Interior Ministry plans to launch a single register of weapons in exactly three months – June 23, 2023.
Klimenko noted that there is a security factor in this issue, which will be discussed with the public, experts and people’s deputies.
The minister also reminded that all weapons that were legally issued to citizens at the beginning of the full-scale invasion, including units of the National Police, are registered in a single database.
“And we don’t see any problems with control of its use now,” Klimenko emphasized.

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Six non-banking financial institutions excluded from state register

The National Bank of Ukraine on 19 January revoked the license of Standard Capital Financial Company LLC to provide factoring services on the basis of the received application, according to the regulator’s website.
In addition, six non-bank financial institutions were excluded from the State register of financial institutions due to the decision of the National Bank to cancel all of their existing licenses to provide financial services: PO “Pawnshop goods Garashov R.A. and company”, LLC “Galician financial company”, PO “Pawnshop “Primary capital” involving JSC “Logos” and company”, LLC “Solano Finance”, LLC “FC “Vilardo”, CC “Pridunavie.
Also from the State Register of financial institutions on the basis of the submitted documents was excluded LLC “FC “Standard Capital”, and on the basis of the received application – PO “Pawnshop PE “Basis” and company”.

Uzhgorod Industrial Park was included in register of industrial parks of Ukraine

The Cabinet of Ministers of Ukraine included Uzhhorod industrial park in the register of industrial parks, the Economy Ministry’s press service said on Friday.
“The government is pursuing a consistent policy of creating conditions for the development of industrial parks as points of economic growth and post-war reconstruction of the country. The development of industrial parks will contribute to the recovery of industry, including export-oriented, with a high share of added value. It will also contribute to the development of local communities: they will get new budget revenues, new small and medium enterprises will be created in their regions”, stated First Deputy Prime Minister, Minister of Economy Yulia Sviridenko.
The new industrial park is situated in the city of Uzhgorod in Zakarpattya region. According to the concept of the industrial park, up to 500 working places in the production sphere (processing industry) are supposed to be created on the area of 10,1907 hectares.
Today the register of industrial parks includes 60 industrial sites.

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MECHANISM FOR FORMING REGISTER OF OLIGARCHS IN UKRAINE LAUNCHED

Oleksiy Danilov, the Secretary of the National Security and Defense Council of Ukraine (NSDC), has announced the launch of a mechanism for the formation of the register of oligarchs, commenting on the implementation by President of Ukraine Volodymyr Zelensky of the relevant decision of the National Security and Defense Council.
“The mechanism for forming the register of oligarchs has been launched. President Zelensky approved the regulation (presidential decree of June 29, 2022), which establishes the procedure for forming and maintaining the register,” Danilov wrote on Twitter on Thursday.
As reported, Zelensky put into effect the decision of the National Security and Defense Council dated June 29 on approval of the regulations on the register of persons with significant economic and political weight in public life (oligarchs), the procedure for its formation and maintenance. Corresponding decree No. 459/2022 of June 29 was published on the presidential website and comes into force from the day of publication. Control over its implementation is entrusted to the Secretary of the National Security and Defense Council.
According to the regulations, the register will be maintained in an electronic form, for its maintenance, the NSDC office will determine the structural units that are empowered to ensure the performance of the functions of the holder and administrator of the register.
Information about the oligarchs will be entered by the creator of the submission through the electronic account and include, in particular, their passport details, registration address, a list of legal entities, the beneficiary of which he is, a list of individuals to whose election funds the oligarch made contributions, as well as the rationale for recognizing the person as an oligarch. Users of the register with the right to access it will be, in addition to administrators, the creators of submissions, declarants, registrars, employees of the holder and administrator of the register, the chairman, secretary and members of the National Security and Defense Council, as well as authorized employees of other state bodies.

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FIFTH PRESIDENT OF UKRAINE POROSHENKO COULD ENTER REGISTER OF OLIGARCHS

Businessman Ihor Kolomoisky and the fifth president of Ukraine, leader of the European Solidarity party, MP Petro Poroshenko meet the criteria under which they are included in the register of oligarchs provided for by the president’s bill on de-oligarchization, Justice Minister Denys Maliuska has said.
“There are official partners of Mr. Kolomoisky in the Verkhovna Rada, and he is not alone, therefore Mr. Kolomoisky definitely could be included [in the register of oligarchs] European Solidarity understands that their leader [Petro Poroshenko] also automatically falls into the register,” Maliuska said on the air of Savik Shuster’s Freedom of Speech program on Ukraina TV channel on Friday.
As reported, President of Ukraine Volodymyr Zelensky this week submitted a bill on the prevention of threats to national security associated with the excessive influence of persons with significant economic or political weight in public life (oligarchs) (No. 5599) to the Verkhova Rada.
According to the document, any three of four conditions are sufficient for the National Security and Defense Council to include a person in the register of oligarchs: significant influence on the media, participation in political life, beneficial ownership of a monopoly company and a fortune equaling over 1 million living wages (about $83 million at the current exchange rate).

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