Business news from Ukraine


Ukraine and Moldova agreed to deepen cooperation in the field of food safety, as well as expand the list of permitted commodity items for export to Moldova, in particular, for pigs and composite products.
Relevant agreements were reached during a meeting between the head of the State Service of Ukraine on Food Safety and Consumer Protection, Anatoliy Vovniuk, and Ambassador of the Republic of Moldova to Ukraine Valeriu Chiveri, according to the website of the Ukrainian department.
According to the Food Safety and Consumer Protection Service, as of today, 18 forms of veterinary certificates for export from Ukraine to Moldova have been agreed between the countries.
“During the Russian military aggression against the Ukrainian people, the support of friendly countries is extremely important for our state,” Vovniuk said.

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A memorandum of cooperation in the development and implementation of projects for production of green hydrogen in Ukraine was signed by PrJSC Ukrhydroenergo with the German companies Andritz Hydro and MAN Energy Solutions, Andriy Lets, head of the project technical support department at Ukrhydroenergo, said.
“A memorandum was signed with Andritz Hydro and MAN Energy Solutions on cooperation in the development and implementation of projects for production of green hydrogen in Ukraine. Today, in a war, this topic is extremely important not only for Ukraine, but for entire Europe,” he said during an Energy Club online discussion “Hydrogen production in Ukraine. Resource base” on Thursday.
Lets expressed his conviction that the signing of the memorandum would launch global processes that would help create a so-called hydrogen hub in our state in the future, with the advent of which Ukraine can achieve real energy independence.
At the same time, it is specified that Ukrhydroenergo, together with Andritz Hydro and MAN Energy Solutions, are considering and carrying out fruitful work on a pilot project for launching a 1 MW electrolysis plant for production of green hydrogen.
“There are many issues in terms of legislation, technical capabilities that are being worked out today,” the representative of the Ukrainian hydro-generating company explained the situation.
According to him, according to the pilot project, we are talking about production of 100 kg of hydrogen per day. At the same time, Lets noted that Ukrhydroenergo has the potential to produce green hydrogen with the use of renewable sources through water electrolysis.
“This is a promising type of energy, which is also important for decarbonization of the economy and Ukraine’s entry into new markets,” he summed up.

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Ukraine and Poland have signed a Memorandum on strengthening cooperation in the railway sector, Prime Minister Denys Shmyhal said. “I met with the great friend of Ukraine, Prime Minister of Poland Mateusz Morawiecki. We discussed the resumption of our country from the consequences of Russian aggression. We signed a Memorandum on strengthening cooperation in the railway sector. After Russia unleashed a full-scale war, Poland became a key logistics center for helping Ukraine. Particularly close cooperation takes place at the level of iron roads of the two countries, and such interaction should be strengthened,” Shmygal wrote on the Telegram channel.

According to him, the memorandum provides for the creation of a joint logistics venture between the two countries, which will dramatically increase the volume of rail transportation of Ukrainian exports to the EU and world markets through Europe.

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Prime Minister of Ukraine Denys Shmygal discussed with US Secretary of Commerce Gina Raimondo the development of bilateral trade and the reduction of trade barriers.
“Denis Shmihal noted the importance of continuing and strengthening sanctions pressure on Russia in order to reduce its ability to finance the war against Ukraine. An important blow to bleed the Russian economy and the Russian military machine should be the sanctions of the energy sector. According to the head of government, this concerns the imposition by partner countries of an embargo on the import of oil, gas, coal and nuclear fuel from Russia,” the government’s press service said in a statement.
Shmyhal urged countries to look for ways to diversify sources of nuclear fuel supplies to reduce dependence on Russia.
The prime minister also focused on the need to identify and eliminate any loopholes and potential opportunities for Russia to circumvent the already imposed sanctions.
“Russia is trying to adapt to some sanctions with the help of certain countries and companies. We will work with our partners to eliminate such opportunities for Russia,” he stressed.
It is noted6 that one of the most important tracks, according to Shmyhal, is a large-scale restriction of Russia’s trade opportunities while expanding the opportunities for unhindered trade for Ukraine by reducing import quotas and barriers for strategic sectors of Ukrainian industry.
According to him, along with the financial support of international partners, it is equally important for Ukraine to open new markets for Ukrainian-made products, in particular, this applies to products of the steel industry and the agro-industrial complex.
In particular, Shmyhal noted that the release of Ukrainian steel from US duties would allow for a stable supply of metallurgical enterprises with orders, and thousands of Ukrainian metallurgists with jobs.

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On Monday, January 31, the President’s Office will host a meeting of the delegations of Ukraine and the Republic of Poland with the participation of representatives of a number of ministries and departments of the two countries, the press service of the President of Ukraine reports.
“The Polish delegation arrived in our state in fulfillment of the agreements reached during the visit of President of Ukraine Volodymyr Zelensky to the Republic of Poland on January 20-21, 2022,” the message says.
The Ukrainian delegation at the talks will be headed by Head of the President’s Office Andriy Yermak, the delegation of Poland – by Secretary of State of the Office of the President of the Republic of Poland, head of the Bureau for International Policy Jakub Kumoch.
In addition, the negotiations, in particular, will be attended by Minister of Infrastructure of Ukraine Oleksandr Kubrakov and Minister of Infrastructure of Poland Andrzej Adamczyk.
“During the meeting, topical issues of bilateral cooperation in the economy, energy and infrastructure will be discussed,” the President’s Office said.

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A Ukrainian delegation headed by First Deputy Prime Minister, Economy Minister Yulia Svyrydenko is on an official visit to Paris, it is planned to pay special attention in the talks to joint infrastructure projects, as well as the participation of French companies in the Big Construction program and the creation Ukrainian national air carrier.
“During the one-day stay of the delegation, the First Deputy Prime Minister of Ukraine will meet with Minister of Economy, Finance and Recovery of France Bruno Le Maire. In addition, a number of meetings are planned with French partners, in particular, leading French companies Airbus, Alstom and Bouygues,” the Economy Ministry said on its wesite on Wednesday.
The visit takes place in order to implement the agreements between the leaders of Ukraine and France and in the context of the planned visit of French President Emmanuel Macron to Ukraine, the ministry said.
Svyrydenko said on Facebook that among the issues of French-Ukrainian cooperation are the attraction of financial guarantees or a direct loan from the French government, the development of promising nuclear energy projects: cooperation between the Ukrainian Energoatom and EDF is essential, as well as consultations on holding the World Exhibition EXPO in Ukraine 2030.
In addition, within the signed memorandum of understanding, the parties will touch upon the issues of cooperation between the national air carrier and Airbus, under the signed intergovernmental agreement on the supply of 130 locomotives manufactured by Alstom for Ukrzaliznytsia, the organization of the conversion of Airbus passenger aircraft into cargo aircraft on the basis of SOE Antonov (Kyiv).

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