Business news from Ukraine

President Zelensky said that Ukraine plans to help Poland in energy sector

President of Ukraine Volodymyr Zelensky said that Ukraine will look for opportunities to help Poland in the energy sector and find a way out of their future energy risks in the near future.
“Today we raised important energy issues. We discussed energy challenges. We are interested that Ukraine can help Poland. We are doing everything to find a way out of their future energy risks in the near future,” Zelensky said at a press conference with Polish Prime Minister Mateusz Moravetsky and Latvian President Egils Levits in Kyiv on Friday.
He also called this issue a priority in relations with Poland.
“For us, this is a priority in our relations. Despite the fact that we have a ban on the export of coal during this difficult period, we will look for an opportunity to help Poland. Because Poland, in spite of everything, found certain steps to help us, when it was not easy for her. We understand this responsibility,” the President added.

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Prime Minister of Poland travels to Kyiv – Polish media

Polish Prime Minister Mateusz Morawiecki has left for Kyiv, where he will hold several meetings to discuss topics such as the geopolitical situation, the energy market and security, government spokesman Piotr Muller told private TV channel Polsat on Friday.
At the same time, he noted that no significant or sudden changes would be announced during the visit, but this visit is a political signal to the Kremlin, reminiscent of Poland’s position in connection with the Russian aggression against Ukraine.
“We will support Ukraine in this very difficult situation, because we believe that Russia is violating all possible international standards. In addition, protecting Ukraine is also protecting our security,” Muller said.

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Poland stops exchanging hryvnia for zloty in three days

The agreement between the National Bank of Poland and the National Bank of Ukraine, under which Ukrainian refugees could exchange cash hryvnia for zlotys from the end of March, is terminated on September 10.
According to the press service of the NBU on Tuesday, over more than five months of the program, Ukrainians in Poland exchanged about UAH 680 million for zlotys, including UAH 383 million in April and UAH 30 million in August.

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UKRAINIANS IN POLAND WILL BE ABLE TO MAINTAIN TAX RESIDENCY IN UKRAINE WITHOUT PAYING TAXES IN POLAND

Ukrainians in Poland will be able to maintain Ukrainian tax residency without paying taxes in the host country from income received in Ukraine, the Better Regulation Delivery Office (BRDO) reported, citing an official letter from the Ministry of Finance of Poland in response to a request from BRDO and the IT Association of Ukraine.

“In May, BRDO and the IT Association of Ukraine appealed to the government of our state and the Ministries of Finance of Bulgaria, Germany, the Czech Republic, Hungary, Poland, Romania and Slovakia with a request not to change the tax residency of refugee entrepreneurs who ended up in these countries. The success of our advocacy is evidenced by clarification that we received the other day from the central executive authority of Poland,” the office said.

According to the letter of the Polish Ministry of Finance, Ukrainians will be able to retain tax residence in Ukraine and not pay taxes in the host country, if it is not about income from sources in Poland.

As reported, the European Business Association called on the government to resolve the issue of tax residence of Ukrainian citizens abroad, since staying outside the country for more than 183 days, they can be recognized as residents of the host country and there will be a risk of double taxation of income received in Ukraine.

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Citizens of Ukraine in Poland got access to medical care on par with Polish citizens

Citizens of Ukraine who were forced to move to Poland, fleeing Russian military aggression, received access to medical care on an equal basis with Polish citizens, the Ministry of Health of Ukraine reports.
“To do this, you need to have a passport of a citizen of Ukraine, which has a mark on crossing the border after February 24, 2022. If you crossed the border without a passport – a document confirming the date of crossing the Polish border by Polish services. The provision of medical care for Ukrainians is free of charge,” the statement reads. message.
In addition, Ukrainians must have refugee status or temporary protection status, as well as an analogue of the Ukrainian identification number – PESEL, which will provide access to healthcare services.
To date, Poland has provided Ukrainians with free access to medical care at all levels: basic medical care – visits to family doctors, calling an ambulance; specialized outpatient care; diagnostic studies (as directed by a doctor); hospital treatment; psychiatric treatment; rehabilitation (except resorts); dental services.
Also, citizens of Ukraine, children and youth under 19 years of age have the right to receive free preventive vaccinations, according to the Polish Preventive Immunization Program. To do this, you should contact your family doctor and get the appropriate referral. In addition, every adult Ukrainian, as well as a child from 5 years old who are in Poland, can also be vaccinated against COVID-19.

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UKRAINIAN KSG AGRO WILL COOPERATE WITH A PASTA MANUFACTURER FROM POLAND

Ukrainian agricultural holding KSG Agro and pasta producer Makarony Polskie (Rzeszów, Poland) signed a letter of intent to establish cooperation in the field of trade in vegetable oil and grain, as well as cooperation in other areas of agricultural production.
Information about the conclusion of the relevant protocol was made public on the Warsaw Stock Exchange on Monday evening.
According to the announcement, the parties intend to arrange the import of rapeseed and sunflower oil from Ukraine for their processing and sale in Poland and third countries.
It is clarified that the letter of intent is not a binding agreement, but only expresses the desire to start negotiations on mutual cooperation of the parties.
According to the website of the Polish company, Makarony Polskie is one of the largest manufacturers of pasta in the country. The company has production plants in Rzeszów and Częstochowa.
Its products are offered under the brands Makarony Polskie, Sorenti and Abak.
The vertically integrated holding KSG Agro is engaged in pig breeding, as well as production, storage, processing and sales of grain and oil crops. His land bank is about 21 thousand. ha in Dnipropetrovsk and Kherson regions.
According to the agricultural holding, it is among the top 5 pork producers in Ukraine.
In 2021, KSG Agro increased net profit 16 times compared to 2020 – to $20.27 million, revenue – by 44%, to $30.75 million, while doubling EBITDA – to $12.28 million.

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