Business news from Ukraine

FINLAND READY TO HELP UKRAINE WITH RENEWABLE ENERGY KNOWLEDGE

President of Finland Sauli Väinämö Niinistö has assured Ukraine of support in the area of energy sector reforms, in particular renewable ones.
“We are cooperating in the energy sector. We are interested in cooperation in the field of renewable energy sources and, I think, it will be for the benefit of both states. Therefore, we are ready to share our knowledge in this area,” he said at a joint press conference with President of Ukraine Volodymyr Zelensky in Kyiv.
He emphasized that Finland had also done a lot of work on forests.
“For the forests not only contribute to the economy, but also improve the life of society,” Niinistö added.

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PRESIDENT OF FINLAND SAULI NIINISTO TO VISIT UKRAINE IN SEPTEMBER

President of Finland Sauli Niinisto will visit Ukraine on September 12-13.
“President of the Republic Sauli Niinistö will make an official visit to Ukraine and will meet President of Ukraine Volodymyr Zelensky in Kyiv on 12–13 September 2019. This will be the first meeting of Presidents Niinistö and Zelensky,” the official website of the Finnish president said.
President Niinistö last visited Ukraine in 2014.

PRESIDENT OF UKRAINE ACCEPTS CREDENTIALS FROM AMBASSADORS OF GERMANY, FINLAND, KOREA, SOUTH AFRICAN REPUBLIC, SLOVENIA

President of Ukraine accepted credentials from ambassadors of a number of foreign states: the Republic of Korea – Chang-Kwon Chi, the South African Republic – Andre Johannes Groenewald, the Republic of Slovenia – Tomaz Menzin, the Federal Republic of Germany – Anka Feldhusen, the Republic of Finland – Päivi Maarit Laine. During the conversation with Ambassador of the Republic of Korea to Ukraine Chang-Kwon Chi, the parties discussed issues of strengthening political dialogue at the highest level between Ukraine and South Korea as well as prospects of trade, economic and investment cooperation, the presidential press service said on Wednesday.
“The issue of introducing a visa-free regime for Ukrainian citizens was discussed, which would facilitate the development of interpersonal contacts,” it says.
The president invited President of the Republic of Korea Mun Zhe Ying to visit Ukraine.
During the conversation with new Ambassador of the South African Republic to Ukraine Andre Johannes Groenewald, the president of Ukraine emphasized the importance of strengthening political dialogue.
According to Zelensky, Ukraine considers the South African Republic as a prospective partner in Africa and is focused on more intensive cooperation in all spheres.
“Special attention was paid to the discussion of trade and economic cooperation, in particular prospects of Ukrainian-South African business forum which would be held this year,” the message reads.
President of Ukraine spoke out about the establishment of closer and constructive bilateral cooperation between Ukraine and the Republic of South Africa within the framework of its non-permanent membership in the United Nations Security Council.
The president of Ukraine also invited President of the Republic of South Africa Matamela Cyril Ramaphosa to visit Ukraine in the framework of the official visit.
The president thanked Ambassador of the Republic of Finland to Ukraine Päivi Maarit Laine for consistent support of the territorial integrity and sovereignty of Ukraine, as well as the substantial humanitarian and expert assistance provided by Helsinki to Ukraine at the bilateral level. Particular attention was paid to the practical assistance provided by Finland in implementing systemic reforms, in particular in the field of school education and energy efficiency.
During the conversation with Ambassador of the Republic of Slovenia to Ukraine Tomaz Menzin the president of Ukraine thanked Slove nia for the consistent political support of the territorial integrity and sovereignty of Ukraine. Zelensky appreciated the assistance of Slovenia in promoting the rehabilitation of 400 children from Ukraine whose parents had died as a result of Russian aggression.
During the conversation with Ambassador of the Federal Republic of Germany Anka Feldhusen the head of state thanked the German side for the continued support of Ukraine in countering Russian aggression, as well as substantial financial and technical assistance to facilitate the process of structural reforms in Ukraine.
“During the meeting, the main focus was on discussing the security situation in Donbas and a set of further steps to revitalize the peace process. The importance of continuing international pressure on the Russian Federation to ensure its implementation of the decision of the International Tribunal for the Law of the Sea was emphasized,” the presidential website says.
President of Ukraine also expressed hopes for the preservation of the traditionally active political dialogue at the highest level in the future.
In addition, the parties discussed the issue of involving German business representatives to work in Ukraine and the creation of joint enterprises.

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UKRAINIAN MANUFACTURER OF CAT AND DOG FEED STARTS EXPORTS TO BRITAIN AND FINLAND

Kormotech LLC (Lviv region), a large Ukrainian manufacturer of cat and dog feed, has made the first shipments of cat feed under a private label to the UK and Finland.
According to the press service of the company, 19 tonnes of dry cat feed were delivered to the UK and 5,000 tonnes to Finland. The company plans to supply wet feed to Britain, which makes up 75% of the feed market in this country, and export products under its own trademark to these countries after obtaining the necessary certification.
“Northern Europe has a very developed market, and the largest share in this market belongs to super premium feeds. The UK is among the ten most powerful pet food markets in the world. Our goal is to enter the top 50 industry leaders in the world by 2023. Now our product exports account for about 15%, and we need to triple this figure to achieve our goal,” Ihor Paraniak, the production director of Kormotech, said.
The company planned in 2019 to make the first private label shipments to the UK and Finland, as well as to enter U.S. retail chains (now products are sold through Amazon in this country).
Kormotech exports products to over 20 countries, including France, Estonia, the Netherlands, Slovenia, and Poland.

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