Business news from Ukraine

Kyiv Mayor Vitali Klitschko Awarded Title of Honorary Citizen of Warsaw

The authorities of the capital of Poland have awarded the mayor of Kyiv, Vitali Klitschko, the title of honorary citizen of Warsaw, the Kyiv city state administration reported.
The ceremony took place at a solemn meeting of the Warsaw City Council, which takes place every year on July 31, the day of the Warsaw Uprising, according to the press service on the City Hall website.
The mayor of Kyiv recorded a video message to his Polish colleagues and friends and thanked them for their help and support. He noted that Ukrainians today are defending not only their independence and European choice, but also democracy, stability and security of all of Europe.
In turn, Warsaw Mayor Rafal Trzaskowski stressed that Poland would continue to help Ukraine. And both countries will remain free and independent states. “We are with you and you can always count on us!”, – stressed the mayor of the Polish capital.

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Kyiv Mayor Klitschko: One of officials of transport department of Kyiv City State Administration was detained for extorting bribe

Employees of the State Bureau of Investigation (SBI), together with the Kyiv prosecutor’s office, detained one of the deputy directors of the transport department of the Kyiv city administration for extorting a bribe, Mayor of the capital Vitaliy Klitschko said.
“As long as law enforcement agencies are dealing with the bribe-taker and the investigation continues, he will be immediately suspended from duty,” he wrote on his Telegram channel on Tuesday evening.
“The city authorities are ready to continue to cooperate with law enforcement agencies to prevent and fight corruption. We constantly transfer the materials of internal audits of the Kyiv City State Administration and cooperate with law enforcement agencies,” the mayor emphasized.

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VITALI KLITSCHKO: MADRID BECOMES SISTER CITY OF KYIV

Kyiv Mayor Vitaliy Klitschko and Madrid Mayor Jose Luis Martinez-Almeida have signed an agreement on twinning between the two cities, the press service of the Mayor of Kyiv has reported.
“Today, a memorandum of twinning between our cities was signed with the mayor of Madrid, Jose Luis Martinez-Almeida. Madrid became the first Spanish sister city of Kyiv. This is a historic event for our cities and it happened during the historic NATO summit, which is taking place these days in Madrid,” Klitschko said.
He noted that when signing the agreement, several joint projects of Kyiv and Madrid were planned.
“I thank our Western partners, our Spanish partners for supporting Ukraine at this critical time for it. And I am convinced that our cooperation with Madrid will be effective and beneficial for our capitals. Today Madrid accepts refugees from Ukraine, provides humanitarian assistance to Kyiv and Ukraine. We also discussed many projects that we plan to jointly implement in the Ukrainian and Spanish capitals,” Klitschko summed up.

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MAYOR OF KYIV, EX-WORLD HEAVYWEIGHT BOXING CHAMPION VITALI KLITSCHKO AWARDED ARTHUR ASHE PRIZE

The mayor of Kyiv, ex-world heavyweight boxing champion Vitali Klitschko has been awarded the prestigious Arthur Ashe Courage Award, Boxing Scene reports.
The award is presented by the American television channel ESPN to a worthy representative of the sports community for his work, which goes beyond sports and has a significant impact on the world.
“Vitaliy’s poise and strength as his city and country face unfathomable trials far exceeded the incredible determination he displayed as one of boxing’s finest heavyweight champions. His dedication to the people of Ukraine has been an inspiration to the world and his courage is a shining example of the bones of the human spirit. We are honored to present him with the Arthur Ashe Award for Courage,” said ESPN Content executive editor Rob King.
The publication emphasizes that Vitali Klitschko became a central figure in the defense of his country when Russian troops invaded Ukraine.
In turn, Klitschko noted that he perceives this award as recognition of the courage of every Ukrainian who defends his state.
“It is a great honor for me to receive this award. I am convinced that this is a recognition of the courage and inviolability of the Ukrainian people, who have courageously resisted the Russian aggressor for more than 3 months. This is an award for everyone who defends the independence and freedom of Ukraine,” he said.
The Vitali Klitschko award ceremony will take place on July 20.
The Arthur Ashe Award for Courage is one of the most distinguished, prestigious and well-known awards in sports. Previously, it was awarded to such stars and figures as Muhammad Ali, Nelson Mandela and others.

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VITALI KLITSCHKO: KYIV MADE ANOTHER PAYMENT ON EXTERNAL DEBT IN AMOUNT OF $28.8 MLN

Kyiv has redeemed the payment on the participation bonds in the PBR Kyiv Finance Plc loan in the amount of $28.8 million on June 13 in accordance with the schedule, Kyiv Mayor Vitaliy Klitschko said.
In addition, the city will also pay a semi-annual $2.2 million coupon.
“Despite the war in Ukraine and the difficult economic situation, Kyiv fulfills its obligations, remaining a stable and predictable partner for foreign investors,” the mayor stressed.
As reported, the international rating agency S&P Global Ratings downgraded the long-term credit rating of Kyiv in foreign and national currency from “B-” to “CCC +” with a negative outlook.

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MAYOR OF CAPITAL KLITSCHKO: KYIV WILL ALLOCATE ABOUT 18 MILLION EUROS FOR RESTORATION OF BUILDINGS DAMAGED BY SHELLING

Kyiv is allocating funds and is starting to reconstruct and overhaul residential buildings and premises of the social infrastructure of the capital, damaged by the shelling of Russian barbarians. This was announced by the mayor of the capital Vitali Klitschko in the Telegram channel on Monday.
“The capital allocates about UAH 600 million from the budget. The government promised to provide another UAH 200 million. We very much count on it. After all, almost 390 buildings need to be restored in the capital. Of these, more than 220 are residential buildings. Others are social infrastructure facilities (medical institutions, kindergartens, schools, social security institutions, administrative buildings),” Klitschko wrote.

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