Business news from Ukraine

Special Representative of Chinese Foreign Ministry arrives in Kiev tomorrow

Chinese Foreign Ministry special envoy Li Hui will visit Ukraine on May 16-17, Reuters reported, citing a Ukrainian government representative.
“Li Hui, China’s special envoy for Eurasian affairs and former ambassador to Russia, will visit Ukraine, Russia and other European cities as part of a trip that Beijing says is aimed at discussing a ‘political settlement’ of the Ukrainian crisis,” the report said Monday.
Earlier, it was reported that Li Hui will travel to Ukraine, Russia and European countries from May 15 to discuss the settlement of the situation around Ukraine.

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UKRAINE’S OFFICIAL SITE CAN BE READ IN CHINESE

Now the official website of Ukraine has become available in Chinese, Ukrainian Foreign Minister Dmytro Kuleba said.
“Today we launched the sixth language version of the official website of Ukraine, Chinese: https://ukraine.ua/zh/. More than 1.5 billion people speak Chinese in the world, it is one of the official languages ​​of the UN. Promotion of a positive image of Ukraine in the world is the priority of the Foreign Policy Strategy,” Kuleba said on Twitter.
The official website of Ukraine is already available in English, German, French, Spanish and Arabic.

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UKRAINE REGISTERS CHINESE VACCINE AGAINST CORONAVIRUS

Ukraine has registered a Chinese vaccine against COVID-19, CoronaVac made by Sinovac Biotech Ltd, its authorized Ukrainian representative, the Kyiv-based Lekhim told Interfax-Ukraine on Tuesday.
Under its contract with the Health Ministry for 1.9 million doses of the Chinese vaccine, Lekhim is to supply the first 700,000 doses this month.
Lekhim Group and Sinovac Biotech reached the agreement after ten months of talks over cooperation on the distribution and localization of the vaccine production for a five-year period.
Earlier, Ukraine registered the Pfizer and AstraZeneca vaccines.

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UKRAINE’S REIKARTZ HOTEL GROUP LAUNCHES SERVICING IN CHINESE

Reikartz Hotel Management LLC (Kyiv), the managing company of the Reikartz Hotel Group, has launched the Chinese friendly program intended for tourists and business travelers from China, the press service of the chain has reported.
“We analyzed the market and found that 25,200 tourists arrived in Ukraine from China in 2017, which means that during the year tourist flow increased by 40%,” Director of Corporate Culture at Reikartz Hotel Group Oleksiy Larionov said.
He said that the Chinese friendly program has already existed in different countries of the world, but it is unique in Ukraine at the moment.
Six Reikartz hotels have already become participants of the program, including Raziotel Kyiv Yamska, VitaPark Borysfen, Reikartz Zaporizhia, Raziotel Marenero Odesa, Reikartz Dworzec Lviv and Reikartz River Mykolaiv: voice translation, navigation in hotels and information in the rooms translated into Chinese, and for breakfast you can choose Chinese dishes and use traditional chopsticks.
The company said that the program will be distributed to all hotels of the chain by the end of 2019.

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TWO NEW CHINESE DRILLING RIGS FOR UKRGAZVYDOBUVANNIA ARRIVE IN UKRAINE

Two new drilling rigs with a carrying capacity of 450 tonnes from China’s Sichuan Honghua Petroleum Equipment arrived in Odesa seaport late on Monday, the press service of JSC Ukrgazvydobuvannia has reported.
Ukrgazvydobuvannia Board Chairman Oleh Prokhorenko said that as of 2016, the average age of drilling rigs of the company was 23, and the average age of drilling rigs in Russia was 10 years and in Belarus – nine years.
“Finally, Ukraine has begun to invest in the development of its own gas production, its own drilling fleet and the exploration of its own resources. The arrival of these new drilling rigs is one of many concrete steps that will increase gas production in Ukraine,” he said.
As reported, late 2017, Ukrgazvydobuvannia signed a contract with Bentec GmbH Drilling & Oilfield Systems (Germany) to supply five drilling rigs with a capacity of 450 tonnes (2,000 HP) for $110 million. The first rig was delivered to the company in October 2018.
It is also planned to buy ten Chinese drilling rigs with a capacity of 450 tonnes.

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CHINESE EXCHANGE INTERESTED TO BUY OVER 25% IN UKRAINIAN PFTS EXCHANGE

Chinese Bohai Commodity Exchange (BOCE), which last year became the owner of the Ukrainian Bank for Reconstruction and Development (EBRD), is mulling the possibility of buying over 25% of shares in public joint-stock company PFTS stock exchange. The Antimonopoly Committee of Ukraine reported that BOCE (Hong Kong) Co., Limited asked the committee to present the preliminary conclusions on the acquisition of the stake in the Ukrainian exchange.
As reported, BOCE (Hong Kong) Co., Limited at the end of November 2016 won at the auction of the State Property Fund of Ukraine for the sale of 99.9% of UBRD shares being in state property. The final selling price was UAH 82.83 million.
The contract for the sale and purchase of shares was signed on June 8, 2017 and in early July China’s BOCE completed the payment of shares purchased at the privatization auction.

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