Business news from Ukraine

ENTERPRISES AND ORGANIZATIONS OF UKRAINE RAISE PRETAX PROFIT BY 74.4%

The enterprises and organizations of Ukraine in January-September 2019 increased pretax profit from ordinary activities by 74.43%, to UAH 342.8 billion (UAH 196.5 billion in January-September 2018), the State Statistics Service has said. According to the service, in January-September 2019 Ukrainian enterprises that worked profitably received UAH 454.978 billion in profit, which is 28.9% more than in the same period in 2018.
At the same time, 22.7% of enterprises worked with a negative financial result. Their losses in January-September of this year decreased by 28.3% compared with January-September of last year, to UAH 112.169 billion.

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‘ODESA NATIVES TOGETHER’ ORGANIZATION TO INTEREST FOREIGN TOURISTS BY INVITING FOREIGN AMBASSADORS TO ODESA

NGO “Odesa Natives Together” invites foreign ambassadors, in particular those from the G7 countries, to Odesa in the hope of attracting more foreign tourists to the city in future. “We plan that foreign tourists, whom, unfortunately, there are not so many in Odesa, [will come] … I would like people from Europe, Canada, the United States to come here,” Head of NGO “Odesa Natives Together” Illia Luponosov said at a press conference at Interfax-Ukraine.
“A good and fast way to help the city is to attract tourists, show our city, invite people,” he added.
According to the head of the organization, activists, actors, the “living statues” of Potemkin and Duke de Richelieu with theatrical performances on March 30 visit the embassies of foreign countries in Kyiv and invite ambassadors to visit Odesa.
Luponosov noted that representatives of the public organization also state “they guarantee security and good rest” in the city.
He added that invitations will be given in the diplomatic missions of the G7 countries (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States), as well as Bulgaria and Belgium.

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