Business news from Ukraine

DTEK FINDS ZELENSKY’S STATEMENTS AS UNFAIR

DTEK Energy has called the statements made by President of Ukraine Volodymyr Zelensky as unfair and groundless.”Statements that have been made by the top leadership of the state today, DTEK considers to be unfair and groundless,” the website of energy holding said on Friday evening, November 26.At the same time, the company said that instead of the necessary support in the context of the global crisis, it faces pressure and discrimination.”DTEK always helps the state and also needs support during the unprecedented global crisis. Instead, we face constant pressure, fabricated accusations, and discrimination,” the company said.According to the company’s estimations, today, the state’s total debt to DTEK reaches over UAH 15 billion.The company, in particular, said that DTEK was the only one out of almost 1,000 companies to which the state has not repaid the debt yet for the produced green electricity “for unknown reasons”.As reported, the rate of DTEK Energy eurobonds maturing in 2027 collapsed by 11.6% on Friday immediately after the accusations of Ukrainian President Volodymyr Zelensky against the company and its owner Rinat Akhmetov at a press conference on Friday.According to information in the Bloomberg terminal, the fall reached 13.3%, but then it was won back somewhat.They reacted with a 0.5% decline to the president’s words and the quotations of DTEK Renewables bonds maturing in 2024, but then they almost returned to their previous level, falling short of only 0.1%.With regard to eurobonds of the Metinvest mining and metallurgical group maturing in 2029, of which Akhmetov is also the majority owner, their rate fell by 1.4%.Zelensky said that he had undercover information that they were discussing Rinat Akhmetov’s participation in the coup d’etat in Ukraine with representatives of Russia.The president said that businessman Rinat Akhmetov is being “set up”. “I believe that this is a set-up of businessman for Rinat Akhmetov. I believe that this is an operation, he is being dragged into a war against the state of Ukraine. I believe that he started it, and unfortunately, it will be his big mistake, because one cannot fight against your people, against the president who was elected by the people of Ukraine.”On the issue of coal supplies to Ukraine for thermal power plants, the president said that it was possible to provide them from the United States thanks to his agreements at the highest level in this country, while he called on private generation to unite efforts to ensure the passage of the heating season.”This should be solidarity work. If it’s bad with this or that country and they officially cannot sell you some kind of coal, then a private structure should come, help and buy. If I agree at the highest level, I repeat, at the highest level from the United States, so that 11 ships of coal would sail here. Do you think that I said that you should give us, but don’t give DTEK? Nothing of this kind. I say ‘us.’ The heating season is in our country,” Zelensky said at the same press conference.Earlier, Zelensky announced the supply of coal to Ukraine in the amount of seven Panamax ships (about 500,000 tonnes), which should protect Ukrainians, in his opinion, from consumption restrictions.DTEK, for its part, said that these supplies from the United States and Colombia were contracted by it. The first ship for PJSC Centrenergo arrived in Ukraine on November 20, another six are expected in November-January.

, ,

ZELENSKY PROVIDES INFORMATION ON ADDITIONAL PROTECTION OF NPPS

Ukraine has introduced additional security measures at nuclear power plants (NPP) in order to avoid interference in their work with the aim of destabilizing, head of state Volodymyr Zelensky has said.”To date, Energoatom is operating as it never did. Some 13 blocks out of 15 are working. God grant that everything is good. We are additionally protecting them. Frankly speaking, we know that today everyone wants to do so that there is energy destabilization in Ukraine,” Zelenskiy said during a press conference in Kyiv on Friday.”The main thing for us is that there are no blackouts,” the head of state said.

,

PRESIDENT OF UKRAINE: BUSINESS SHOULD NOT INFLUENCE ELECTIONS

President of Ukraine Volodymyr Zelensky, speaking about “red lines” for business representatives, believes that they should not influence people’s votes, participate in elections and finance strikes. “You don’t need to influence people’s opinions because you have something. For example, you have control over a large number of people because of the presence of a large number of enterprises. You cannot tell them to vote for this or that person and pay or delay wages in connection with this. Another story: as a businessman, in principle, you should not take part in elections… Further: you have no right to finance strikes. You have no right to ‘pester’ the population, distribute money. It’s hard for the country,” Zelensky said at a marathon press conference on Friday, answering the question of which “red lines” business representatives should not cross.According to Zelensky, business representatives also have no right to bribe MPs.“Well, how can you buy people? It’s slavery,” he said.He also added that people need to see the real situation with who this or that businessman is.“If there is no influence it is cool. We have so rich people. Well, give jobs, develop. The state is very interested, because today it is very difficult to find international investments in the state, but there is domestic investment. We need to reinvest,” the president added.

,

PRESIDENT OF UKRAINE ON DE-OLIGARCHIZATION: WE ARE AT BEGINNING OF BIG PROCESS

President of Ukraine Volodymyr Zelensky has said that Ukraine is at the beginning of a “big process” and a “big war” on the issue of deoligarchization.“Regarding de-oligarchization, I believe that we are at the beginning of a big process. And we are in progress, and we are in a big war on de-oligarchization,” he said at the press marathon entitled “30 questions for the President of Ukraine” in Kyiv on Friday.According to Zelensky, he “has nothing personal” about the issue of de-oligarchization.“I respect big business with respect to jobs. But it is very important that big business is not top business tycoons who influence the media, politicians. I think this is very important,” he added.

,

PRESIDENT OF UKRAINE MEETS WITH EMIR OF QATAR

During his visit to the UK, where he takes part in the climate summit, President of Ukraine Volodymyr Zelensky met with Emir of Qatar Tamim bin Hamad Al Thani, during which the issue of enhancing bilateral cooperation between Ukraine and Qatar was discussed.
“Discussed with Tamim bin Hamad Al Thani the intensification of Ukraine-Qatar trade-economic cooperation, the development of military-technical cooperation and the possibility of supplying Qatari liquefied natural gas to Ukraine. Thanked for the assistance in evacuating Ukrainian citizens from Afghanistan,” Zelensky said on Twitter on Monday.

, ,

ISRAELI PRESIDENT TO PAY FIRST OFFICIAL VISIT TO UKRAINE

On the occasion of the 80th anniversary of the murders in Babyn Yar, Israeli President Isaac Herzog will make his first official visit to Ukraine, according to the Israeli Embassy in Ukraine.”During his official visit to Ukraine, President Herzog will speak at events dedicated to the 80th anniversary of the Babyn Yar massacre, meet with President Volodymyr Zelensky and Prime Minister Denys Shmyhal, address the Verkhovna Rada and meet with representatives of the Ukrainian Jewish community. The visit is expected on October 5 to 7, 2021,” the embassy said in the statement, which was provided to Interfax-Ukraine on Wednesday.
The Duke will arrive in Ukraine on Tuesday, October 5, 2021, on the first official visit of his presidency, at the invitation of President Volodymyr Zelensky.
During the visit, President Herzog will take part in the official international ceremony dedicated to the 80th anniversary of the murders at Babyn Yar, the opening of Kyiv Holocaust Memorial Center in Babyn Yar. Zeev Elkin, a government representative in Ukraine, and other members of the Knesset will also join the presidential delegation, the embassy said.
“There is a need to keep talking about this terrible event and learning its lessons. The Holocaust Memorial Center at Babyn Yar is an important place to celebrate this painful memory and to make a statement that we must continue to make together: never again. The only way to build a present and a future in which crimes against humanity will not find support – it is to study the past, including the Holocaust and the persecution of the Jewish people, in the spirit of the commandment “and you will tell your son and daughter.” I welcome the invitation of President Zelensky and his dedication to the war against anti-Semitism,” the embassy said.
On the morning of Tuesday, October 5, President Herzog will fly to Ukraine, where he will start his visit by laying a wreath at the Tomb of the Unknown Soldier in Kyiv, and then go to an official reception at the Mariinsky Palace, which will start with a guard of honor.
Later, President Herzog will meet with President Zelensky. The meeting will be followed by a joint press statement. In the evening, President Zelensky will receive President Herzog at an official dinner.
On Wednesday morning, President Herzog will address the Verkhovna Rada. On the same day, President Herzog will take part in an event with the local Jewish community and will meet with President of the Federal Republic of Germany Frank-Walter Steinmeier, who will also attend the Babyn Yar memorial ceremony.
On Wednesday afternoon, President Herzog will deliver a speech at the official ceremony to commemorate the 80th anniversary of the Babyn Yar murders at the Babyn Yar Holocaust Memorial Center in Kyiv, the embassy said.

, , ,