Representatives of the Ukrainian government and Germany have signed an intergovernmental agreement on the provision of EU 84.8 million for technical and financial assistance projects to Ukraine, Ukrainian Ambassador in Germany Andriy Melnyk has said. “We have signed the Ukrainian-German intergovernmental protocol on the provision of EUR 84.8 million to Ukraine for technical and financial assistance projects in Berlin,” he wrote in his twitter microblog.
Ukrainian Prime Minister Volodymyr Groysman will pay a working visit to Germany from November 28 to 29 to take part in a business forum there.
“Ahead of my visit to Germany, I have met with journalists from Die Zeit. We spoke about our mutual relations and plans for 2019,” Groysman wrote in a tweet on Twitter.
In a comment to Interfax-Ukraine news agency, the prime minister’s press secretary Vasyl Riabchuk said the working visit will take place from November 28 to 29.
He said Groysman will leave for Germany on Wednesday, November 28, after a meeting of the government.
Riabchuk said the Ukrainian prime minister will hold several bilateral meetings there and attend the opening of a business forum on November 29.
Prime Minister of Ukraine Volodymyr Groysman and German Chancellor Angela Merkel at a meeting in Kyiv have agreed to provide German expert assistance to Ukraine in the privatization process of state enterprises, Minister of the Cabinet of Ministers of Ukraine Oleksandr Sayenko has said. “We have agreed that there will be a separate expert from Germany who will work with the working group on privatization,” Sayenko said on the air of Novoye Vremia (New Time) Radio station, the press service of the Cabinet of Ministers said on Saturday.
According to the minister, not many state-owned objects fall under the criteria of “large-scale privatization,” and each of them has significant problems (either toxic shareholders, or large debts, or the production process is made dependent on a particular intermediary, etc.). “Considering this, the term of preparing the objects of the “large-scale” privatization for sale will take a long time – from six months and more,” Sayenko said.
The minister recalled that today Centrenergo is the closest to the sale – the auction for the sale of the state package will be held on December 13 of the current year. “And the next year we will advance in sale of the following objects from this list,” he added
As reported, on October 29, the State Property Fund of Ukraine (SPF) announced a tender to sell 78.289% of shares in PJSC Centrenergo. A tender to sell a 78.289% stake in power generating enterprise PJSC Centrenergo is to begin at 11:00 a.m. Kyiv time on December 13, 2018. The tender will take place, if at least two bidders register for the tender. The SPF also selected investment advisors to prepare 11 out of 23 objects for the sale from the list of “large-scale” privatization for 2018. In particular, the state has hired advisors with the highest reputation, including White & Case, E & Y, KPMG, BDO, Baker McKenzie.
Ukraine’s Prime Minister Volodymyr Groysman will participate in a business forum in Germany that starts on November 29. “I will be happy to visit Germany in late November to participate in the third business forum,” Groysman said during his meeting with German Chancellor Angela Merkel in Kyiv on November 1. Also, he recalled that a Ukrainian-German chamber of commerce started to work recently. It was created on Merkel’s initiative with Ukraine’s support.
“I think that we are now in a very good dimension of our relations. And your visit is the latest evidence that theses relations will have a very good perspective in the future,” Groysman said.
Ukraine will participate in the Third Ukrainian-German Investments Business Forum on November 29.
Germany could finance construction of the Mariupol-Zaporizhia highway, Ukrainian Infrastructure Minister Volodymyr Omelyan wrote on his Facebook page on Monday. “Germany is considering the possibility of allocating financing to build the road in Eastern Ukraine. Probably it will be the Mariupol–Zaporizhia road. It will be the first real highway in Ukraine built according to all EU requirements,” he said.
According to the minister, together with Hyperloop Transportation Technologies, the certification of this new type of transport (highway) by TÜV SÜD, the leading German safety association has been launched. As reported, last week in Germany Omelyan held talks with the ministries of economy and transport, and met with Federal Minister for Economic Affairs and Energy Peter Altmaier.
Earlier, the Cabinet of Ministers of Ukraine approved the state targeted economic program for the development of public roads of state importance for 2018-2022.
Germany’s Bayer chemical concern has launched a seed plant in the village of Pochuiky (Zhytomyr region) for $200 million, Ukrainian President Petro Poroshenko has written on his Facebook page.
“Today on September 5 in Zhytomyr region, a new modern plant for the production of seeds of agricultural products of Bayer company was opened. These are 85 permanent and 220 seasonal jobs for Ukrainians. It is important that Bayer helps to solve social issues of the local community – supports the school and library, financed the construction of a new road and an outpatient clinic,” he wrote.
Poroshenko said that $200 million of investment funds were attracted for the construction of the plant.
“This is more evidence that Ukraine is an attractive country for international investment,” the president said.
Bayer is an international company specializing in life sciences, namely, health and agriculture. The company has been operating in Ukraine since 1992 in the form of Bayer LLC, is a major supplier of crop protection agents (pesticides, herbicides and fungicides) and seeds in Ukraine.