Business news from Ukraine

UKRAINIAN PRESIDENT TO TAKE PART IN DAVOS FORUM

President of Ukraine Petro Poroshenko on January 23-24 will make a working visit to Switzerland to participate in the annual World Economic Forum, his press service said. “The head of state will take part in the session on the Strategic Outlook for Central and Eastern Europe and hold a series of bilateral meetings with leaders of international organizations, world leaders, and representatives of leading business circles of the world,” the message says. The president of Ukraine will also chair the second meeting of the National Investment Council, which will be held in Davos.

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ZELENSKY SAYS HE WILL RUN FOR PRESIDENT IN UKRAINE IN 2019

Showman and actor Volodymyr Zelensky has announced that he will run for president in the presidential elections in Ukraine on March 31, 2019.
Zelensky made the corresponding statement during his appeal on the air of the 1+1 TV Channel, which was shown before the New Year’s address by President of Ukraine Petro Poroshenko. The congratulation of the head of state was shown on the TV Channel after the New Year’s Eve.
“Now there is such a situation in Ukraine when every Ukrainian has three ways: the first one is to live as you live, go with the flow and this is normal, this is everyone’s choice; the second way is to collect your things and go to another country, earn money there and send them to the relatives and friends, and this is also normal; but there is also the third way – to try to change something in Ukraine. And I chose it for myself,” Zelensky said.

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PRESIDENT OF UKRAINE SIGNS AMENDMENTS TO BUDGET CODE

President Petro Poroshenko of Ukraine has signed the law on making amendments to the Budget Code (No 9084). A statement on the Verkhovna Rada’s website says the document was returned with the signature of the president on December 22. The amendments to the Budget Code were approved by the parliament at second reading on November 22. In particular, the changes allow for agricultural produces to use up to 20% of state funding they receive for purchasing special wagons for transportation of grains and equipment for producing bioethanol and electric energy out of biomasses.
At present, the Budget Code stipulates that 15% of state funding in 2018 and 20% of state funding in 2019 are to be used by agricultural producers to purchase farming equipment from local manufacturers. In the new edition of this norm, “20%” is replaced with “up to 20%.”

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PRESIDENT OF UKRAINE SIGNS LAW ON STATE BUDGET FOR 2019

President of Ukraine Petro Poroshenko said that he had signed the law on the state budget of Ukraine for 2019.
“I have signed a budget law,” the president said, speaking at the 2nd Ukrainian Women’s Congress in Kyiv on Friday.

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VEON APPROVES ALEXANDER KOMAROV KYIVSTAR PRESIDENT

The VEON international telecom group has appointed Alexander Komarov President of Kyivstar, the leading Ukrainian mobile communications operator.
Komarov in July 2018 was appointed acting President of Kyivstar and replaced Peter Chernyshov. He also runs the post of CEO of Beeline Kazakhstan.
“In Ukraine, Kyivstar is a national success story and I am convinced that with Alexander [Komarov] at the helm the company will continue to be the leading provider of connectivity and internet services in Ukraine,” VEON reported on Thursday, citing VEON’s Executive Chairperson Ursula Burns.
Komarov, born in 1972, graduated from the Kyiv Polytechnic Institute, began his career in 1994 at the Kyiv Research Center of the Military Institute of Management and Communications, from 1997 to 2002 worked for Globalstar in marketing and sales. In 2002, he was invited to the post of business development director at Adell Saatchi & Saatchi (Video International Kyiv), in 2004 he became CEO of this advertising agency, and later headed the Video International in Ukraine, a group of companies.
In 2007-2013, Komarov was CEO of a large Ukrainian marketing company GroupM. In July 2013, he received an invitation from Kazakhstan from Beeline and was appointed Chief Commercial Officer, and in January 2016 he headed the company.
Kyivstar is the largest Ukrainian mobile communications operator. According to latest data, its subscribers’ base is around 26.6 million.
VEON international group (earlier VimpelCom) is the shareholder in Kyivstar. The group’s shares are listed on NASDAQ (New York).

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YULIYA TYMOSHENKO LEADS OPINION POLLS AS CANDIDATE FOR PRESIDENT

Yuliya Tymoshenko, the leader of the All-Ukrainian Union Batkivschyna (Fatherland), has been on the top of presidential ratings in opinion polls, followed by President Petro Poroshenko and showman Volodymyr Zelensky.
According to the results of a recent poll conducted by Sociological Group Rating from September to October 2018, 17% of the people polled who said they had made their choice and were willing to go to vote said they have decided to vote for Tymoshenko as president. Poroshenko and Zelensky are supported by 10% of those polled each.
Anatoliy Hrytsenko, the leader of the Civil Position party, got 9% of the vote, Yuriy Boyko of the Opposition Platform — For Life received 8%, and Vadym Rabinovich of the same platform got 5%.
Some 5% of those polled said they would vote for Oleh Lyashko, the leader of the Radical Party, another 4% supported the singer and civil activist Sviatoslav Vakarchuk.
Among all the people polled, Tymoshenko received support from 14% of the people, Poroshenko and Zelensky got 8% each, and Hrytsenko received 7%.
The poll entitled “The Dynamics of Socio-Political Views in Ukraine” was conducted from September 28 to October 14, 2018, by Sociological Group Rating by order of the International Republican Institute (IRI.)
A total of 2,400 people aged 18 and above were polled across Ukraine in formal face-to-face interviews. The non-sampling error is no more than 2%.

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