Business news from Ukraine

Business news from Ukraine

“Club of Experts” held a scientific seminar on Ukrainian and foreign vintage wines

On the 28th of October the scientific and practical seminar on “Vintage (molesime) wines and cognacs” was held in Kiev analytical center “Club of experts” with the assistance of the public association “Association of gardeners, winegrowers and winemakers of Ukraine” (“Ukrsadvynprom”) and with the participation of an expert collector of vintage alcoholic beverages Igor Magalyas.
There were 17 kinds of wine drinks, produced in Ukraine and Europe, aged up to 80 years. During the tasting the expert group evaluated the individual qualities of drinks with different ageing and determined their organoleptic characteristics.

According to Maxim Urakin, the organizer of the conference, in the future holding of such events will help to develop the market of vintage beverages in Ukraine and increase the export potential of domestic producers.
“At the moment vintage wines and cognacs are considered elite and unattainable for the average buyer. In reality this is not the case. In EU countries this category of drinks is available for all segments of the population and their prices are not much higher than the average price for ordinary wine on the supermarket shelves”, he said.
Co-organizer of the conference, wine expert Igor Magalyas stressed the importance of popularization of Ukrainian brands of vintage beverages in Europe.
“The market of vintage wines and cognacs in the European Union is quite extensive. The main exporters of such products are Italy, Spain and France. Ukraine has no less potential in this direction,” Magalyas emphasized.
Vintage (molesim) in wine-making means a year of vintage of a certain type of grapes, from which wine, cognac or other drink on its basis is produced. This indicator is important in determining the characteristics of the drink because weather and climatic conditions change every season, which can both positively and negatively affect the organoleptic characteristics of beverages of the same brand.

The Club of Experts is Kiev analytical center, which is engaged in researches in the field of economics, sociology and other scientific disciplines. In particular, with the assistance of the Club of experts during the last year there were held several events for the promotion of the national winemaking products.
Public Union “Ukrsadvindindprom” was a partner of the seminar and tasting. “Ukrsadvindwinprom” unites about 200 producers of fruits, berries, nuts and grapes, enterprises that process fruits and berries and produce wine, as well as scientific institutions for implementation of new scientific approaches in production.

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Club of Experts announces main events of week – video

The Club of Experts YouTube channel has released another video announcing the events which will take place in Ukraine and in the world from November 7 to 13, 2022. In the new release the founder of the Club of experts Maksim Urakin and co-host Olga Levkun analyzed the main events planned for the nearest future.

This week in Ukraine there will be a number of events devoted to the development of business, the implementation of new technologies in the agricultural sector, IT-innovations and other topics. Among these events we should mention the presentation of a free support tool for Ukrainians on digital security – Nadiyno online platform, as well as the Ukrainian-Slovak Business Forum to be held in Uzhgorod.

In the world this week there will also be a number of major conferences and forums. Several meetings of the EU Economic and Financial Affairs Council will be held in Brussels to discuss the EU budget for the next year; on November 10-11 in Washington the International Monetary Fund will hold its annual research conference devoted to the world economy; and in France there will be the Paris Peace Forum, designed to bring together heads of state, representatives of international organizations, business leaders and civil society. November 13, Bali will also host the Business 20 Summit (B20) on the theme “Promoting innovative, inclusive and shared growth,” which will be a prologue to the main global political event of this autumn: the G20 Summit.

The main sporting events in the next seven days will be the basketball qualifying matches for the World Championship and the Formula 1 Brazilian Grand Prix. Read more details about the future sports events on the portal Sport.ua. The full version of the video can be viewed at the link:

Subscribe to the Club of Experts channel here: https://www.youtube.com/channel/UC4plQ0XBaoLOKPIXrb1aMGQ.

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MAIN MACROECONOMIC INDICATORS OF UKRAINE IN AUG-SEPT 2022

Ukraine’s real GDP will fall by 31% in 2022 and recover by 8% in 2023 if by the end of 2022 half of the current main negative factors are resolved, and by the end of 2023 they will come to nothing, Concorde Capital investment company predicts.
The real gross domestic product (GDP) of Ukraine in the second quarter of 2022 fell by 37.2% compared to the second quarter of 2021 after falling by 15.1% in the first quarter of this year, the State Statistics Service published such a preliminary estimate.
The negative dynamics of the economy is still softer than the NBU expected, but the experience of 2014-2015 and the prolongation of the war allow us to assume that the situation may worsen in the future, Oleksandr Paraschiy, the head of the analytical department of Concorde Capital investment company, believes.
Export of goods from Ukraine in August increased by 13.9% compared to July to $3.363 billion, while imports decreased by 2.3% to $4.416 billion, the Ministry of Economy reported.
The National Bank of Ukraine (NBU) preliminary estimates the growth of annual inflation in August at the level of up to 23%, Deputy Governor of the NBU Serhiy Nikolaychuk said.
The growth of consumer prices in Ukraine in August 2022 accelerated to 1.1% from 0.7% in July, the State Statistics Service of Ukraine reported on Friday. In August last year, 0.2% deflation was recorded, so year-over-year, in August this year, inflation rose to 23.8% from 22.2% in July and 21.5% in June.
Underlying inflation jumped even more last month, to 2.1% from 1.2% in July, 1.6% in June and 1.4% in May.
The draft state budget for 2023, which the government approved on Tuesday, is based on a forecast of 4.6% growth in real gross domestic product (GDP) and 37% nominal growth with inflation up to 30% and an average annual exchange rate of UAH 42/$1, Prime Minister Denys Shmyhal said.
The National Bank of Ukraine (NBU) kept the key policy rate at 25% at the September 7 meeting of the Monetary Policy Committee (MPC) unanimously supported MPC members, the NBU said on its website.
The total area of residential buildings for which construction permits have been issued (new construction) in January-June 2022 decreased by 1.8 times (44.5%) compared to the same period in 2021, to 2.5 million square meters, according to the State Statistics Service.
Economic Monitoring’s Project Manager – PhD in Economics, Maksim Urakin

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Club of Experts releases overview of events that will happen in Ukraine and world this week – video

The Club of Experts YouTube channel published a new video overview dedicated to current events and events which will take place from October 31 to November 6, 2022. In the video review the founder of the Club of experts Maksim Urakin together with host Olga Levkun discussed the most important announcements of the events in the nearest future.

Particularly in Ukraine in the coming days there will be several events devoted to reconstruction and development of economy, business and innovations implementation. Among them we can single out Digital Regions Week, the opening of which will take place in Bucha (Kiev region) at the Dia.Biznes center on Tuesday. On Wednesday there will be a presentation of the Interactive map of destruction of the Ukrainian agricultural sector where the Minister of Agrarian Policy Mykola Solskyi and the Head of the VR Committee on Agriculture Daniil Hetmantsev are expected to speak. On the same day the II National Conference “Women’s Leadership on Decentralization and Local Self-Government in the Context of War” will be held.

There are also several important events in the world, the most important of which will be by-elections to the U.S. Senate and Congress on November 8, which will determine the party composition of these bodies for the next 6 years. On the economic front, the ADIPEC 2022 strategic oil and gas conference in the UAE and the UN climate change conference in Sharm el-Sheikh, Egypt will be of interest.

As for sport events we should mention the next matches of the leading Ukrainian clubs in European competitions, you can read more detailed information about them at sport.ua.

About these and many other events you can watch in the new video on the Club of Experts channel by the link:

Subscribe to the Club of Experts channel here – https://www.youtube.com/channel/UC4plQ0XBaoLOKPIXrb1aMGQ

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Expert Club speaks about announcements of main events from October 17 to 23

The Expert Club YouTube channel has released a new video dedicated to the announcement of the events that will take place in Ukraine and the world from October 17 to October 23, 2022. In the new issue, the founder of the Club of Experts Maksim Urakin and co-host Olga Levkun analyzed the main events planned for the coming days.
One of the main events in Ukraine this week will be the start of the IMF mission, the main goal of which will be the development of a new program of cooperation between the fund and Ukraine. Also this week, a number of events are expected to be dedicated to the restoration and development of the Ukrainian economy, the agro-industrial complex, science, education and other topics.
Among world events, a number of conferences in the field of economics can also be distinguished. The European Union will host high-level meetings, in particular of foreign ministers and leaders of countries, dedicated to the situation in Ukraine, energy issues and relations with China. Also next week, the start of the election campaign in Kazakhstan is expected.
The main event in the world of sports in the next 7 days will be the next stage of Formula 1. Read more about future sporting events on the Sport.ua portal. The full version of the video can be viewed at the following link:

You can subscribe to the Expert Club channel here: – https://www.youtube.com/channel/UC4plQ0XBaoLOKPIXrb1aMGQ

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Nearly 20% of Ukrainian citizens lost contact with relatives – study

Almost 20% of Ukrainians have close relatives with whom they have lost contact as a result of the Russian invasion and do not know where they are. This is evidenced by the results of a survey conducted within the framework of the project of the Public Organization “Center for Assistance to the Volunteer Movement “Volunteer.Org”: “Assessment of the damage caused by war crimes of the Russian Federation in Ukraine.”
“Almost 20% reported that they have among their close relatives those with whom they have lost contact and do not know where they are now. Russia or the occupied territories of the east or Crimea. 7% of respondents noted that personally or their close relatives were injured, maimed due to hostilities,” the results of the survey, presented on Wednesday at the Interfax-Ukraine press center, say.
Every tenth respondent indicated that his housing was either completely destroyed (2% of respondents) or damaged (8% of respondents). Another 5% said they did not know the state of their housing now. For 85% of respondents, the housing situation has not changed.
“About a third of those whose house is located in the de-occupied territory or the territory of hostilities noted that their housing was damaged. Also, one in five of those who still have housing in the zone of occupation do not know what condition it is in,” the results say. .
It is also noted that 95% of those surveyed have not contacted law enforcement agencies in the past six months on issues related to the full-scale Russian invasion.
At the same time, special courts with the participation of national and foreign judges (63%) and international institutions (23%) are considered the most effective mechanism for bringing Russia to justice for war crimes.
“A third of the respondents are ready to personally participate in lawsuits in order to demand compensation for lost property / health in courts and international courts,” analysts point out.
According to Oleksandr Kopyl, co-founder of the consulting company K&K Group, head of the Nuremberg-2022 volunteer initiative, which has been collecting and cataloging the crimes of the Russian army against the Ukrainian population since the first day of Russia’s full-scale war against Ukraine, more than three thousand facts have been published by the Nuremberg-2022 initiative alone. war crimes.
“In addition to informing the public, all the facts are sent for further work to the relevant law enforcement agencies of Ukraine, as well as to the prosecutor of the International Criminal Court in The Hague. We are sure that thanks to the cooperation of public initiatives and state authorities, war crimes will be investigated, and all war criminals will be fairly punished,” Kopyl noted.
The survey and the report were prepared within the framework of the project “Urgent EU support for civil society”, implemented by the Initiative Center for the Promotion of the Activity and Development of the Public Initiative “Unification” with the financial support of the European Union. Its content is the sole responsibility of the Public Organization “Volunteer.Org Volunteering Assistance Center” and does not necessarily reflect the position of the European Union. Expert support and advice during the study was provided by representatives of the Coalition “Ukraine. Five in the morning.”
The survey was conducted among the population of Ukraine aged 18 years and older in all regions, except for the temporarily occupied territories of Crimea and Donbass, as well as territories where at the time of the survey there was no Ukrainian mobile communication. The survey period is from 15 to 19 September 2022.
Results are weighted using up-to-date data from the State Statistics Service of Ukraine. The sample is representative in terms of age, gender, and type of settlement. Sample population: 2000 respondents. Survey method: CATI (Computer Assisted Telephone Interviews – telephone interviews using a computer). The error of the representativeness of the study with a confidence probability of 0.95: no more than 2.2%.
We remind you that in April a team of journalists and media workers put forward an initiative to create a project to search for missing people “Find your loved ones”.
We ask citizens whose relatives do not get in touch to send us all the information they have. We recommend using the following form:
1. Full name of the missing person;
2. Your contact details;
3. Photo of the missing person, description of special signs;
4. Approximate place of the last stay of the missing person.
The project is non-commercial, all your appeals will be edited and published free of charge in the media.
The project coordinator is Maxim Urakin, deputy head of the Interfax-Ukraine news agency and publisher of the Open4Business project.
Please send information about the missing to e-mail maksim.urakin@gmail.com

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