Business news from Ukraine

LAW FIRM REVEALING INFORMATION LAUNCHES PROJECT FOR ACCIDENT VICTIMS IN UKRAINE

The Revealing Information (RI) law firm and LLC DTP Expert RI Group (LLC Accident Expert RI Group) have launched a project to protect motorists in accidents, and plan to make it available throughout Ukraine, the law firm said in a press release.
DTP Expert RI Group Partner Oleksandr Keer said the project is needed because of “the increasing number of cases where incorrectly filed documents about the accidents do not let objectively determine who caused them and, therefore, who should seek compensation for damages suffered in court or insurance companies.”
Practice shows that the final result on recovering property and health damage depends on how administrative offense protocols and traffic accidents reports have been drawn up at the scene of an accident. They will later be sent to the court or an insurance company, he said.
Keer also stressed that transport companies, including those in municipal ownership, can also participate in the project along with the owners of personal vehicles.
“We are faced with the fact that no one represents the interests of utility carriers in the event of an accident. The carriers are often found guilty of accidents because the second participant in the incident hires a lawyer and uses professional legal assistance. As a result, utility companies suffer significant damages,” he said.
Keer says independent technical examinations carried out after accidents often help to objectively establish the causes.
“The accuracy of the paperwork influences the final decision of the investigator, the court and the insurance company,” he said.
Keer added that the project for the protection of accident victims provides for settlement by negotiation between parties to the accident, thus avoiding lengthy consideration of the case.
He said that in European countries, representatives of law firms engaged in protecting accident victims travel to the scene of accidents. The police in such cases are not involved, he said, adding there is no such practice in Ukraine.
Keer said the project is already working in 22 regions of Ukraine. Its offices are located in regional centers, while they have the resources for rapid response and departure to the scene.
As reported, according to the National Police of Ukraine the number of registered accidents from January to April 2019 was 47,400, which was 4.2% more than in during the same period in 2018.
According to the Motor (Transport) Insurance Bureau of Ukraine, from January to March 2019 it took an average of 76 days to settle insurance claims for damage caused to property declared for compulsory insurance of civil liability of vehicle owners (from the time of the accident to the last payment).
Insurance companies over the period increased the amount of insurance premiums collected under agreements on compulsory insurance of vehicle owners’ civil liability (OSAGO) by 12.3% compared to the same period of 2018, to UAH 2.023 billion, while insurance claim payments grew by 13%, to UAH 1.022 billion. The number of OSAGO contracts, meanwhile, increased by 3.3%, to 3.364 million.
Revealing Information is an all-Ukrainian legal association of a wide range of experts providing services for the protection of the rights of victims from any types of offenses, fraud and banditry. Services of the association include legal support of business, analytical information support and investigative activities, measures to counter the illegal seizure of property, support for clients in criminal, economic and civil disputes, etc.

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ZE!TEAM LAUNCHES LIFT PROJECT TO ATTRACT NEW SPECIALISTS, INNOVATIVE IDEAS

The team of newly elected President Volodymyr Zelensky (Ze!Team) has launched the LIFT project, which is intended to become a social elevator and unite qualified specialists and innovations, ensure changes in the country and its comprehensive socio-economic and cultural development.
“This is a platform that will finally give impetus to changes in the country: new people for state and social projects, innovative ideas and developments that will form the state as a modern service for every citizen of Ukraine,” the project initiators note.
Anyone can join the project. “We have combined the best recruiting companies and specialists who will closely monitor the selection process,” Ze!Team said.
LIFT, as an innovative platform, will help people find jobs, become specialists and work on changes in the country. Authors of the project say it will solve difficult issues or be useful for the country, bringing positive changes at the state level.
A beta version of LIFT project: https://lift.net.ua/ was launched on Tuesday, May 28.
On May 23, Zelensky, during his speech at the Ukrainian forum of Internet figures, iForum announced the launch of this project in the near future. He said it would allow anyone to offer their ideas as part of the process of digitalization of the state, dubbed “creating a state in a smartphone,” announced during his election campaign.

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RADA RATIFIES AGREEMENT WITH FRANCE ON PROVISION OF EUR 64 MLN LOAN FOR DRINKING WATER PROJECT IN MARIUPOL

The Verkhovna Rada has ratified an agreement between the governments of Ukraine and France regarding the official support of a project on supply of drinking water to the city of Mariupol (Donetsk region). An Interfax-Ukraine correspondent has reported that a total of 258 lawmakers backed the agreement. According to the Framework Agreement, the French side provides Ukraine with a loan in an amount not exceeding EUR 64 million for the project on supply of drinking water to Mariupol.
The agreement also provides for the development of a master plan for improving the water supply and drainage system of Mariupol until 2040.
According to an explanatory note to the bill on ratification, the project will include the construction and launch of modern filtering stations in Mariupol, as well as the modernization of the existing centralized water supply pipelines and drainage system to reduce the consumption of drinking water and discharge of sewage into the environment.

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KYIV MAYOR VITALI KLITSCHKO PRESENTS PROJECT OF PEDESTRIAN AND CYCLE BRIDGE

Kyiv Mayor Vitali Klitschko has presented a construction project for a big tourist route in Kyiv downtown, including a pedestrian and cycle bridge across Volodymyrska Hill, at UNESCO Headquarters in Paris, according to mayor’s press service.
“Preservation of precious world heritage facilities is of major importance for us. This was our main principle during project development. The bridge will create comfortable conditions for Kyiv residents and tourists to visit landmarks of global impact,” Klitschko said.
He added that an advisory mission from UNESCO would visit Kyiv in the latter half of April.
The media earlier reported that the UNESCO World Heritage Committee demanded to suspend the construction of the bridge. However, no relevant document was made public.

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FRANCE TO FINANCE JOINT PROJECT OF UKRENERGO AND RTE FOR BUILDING PILOT ENERGY STORAGE

The Ministry of Economy and Finance of France has allocated a grant of EUR 560,000 to Ukraine to finance a joint project of Ukrenergo and RTE International for the implementation of Ukraine’s first energy storage system, the press service of the Ukrainian company has reported. According to its data, in the next six months, RTE International plans to implement the first phase of the project: a feasibility study and technical assignments for further work. At the second stage, the possible cost will be determined, a model of the future storage system and a roadmap will be created with a list of all necessary measures for the implementation of the joint project.
Ukrenergo notes that the project is of a great importance for the future development of the Ukrainian energy sector and the integration of the domestic energy system into the energy system of continental Europe, since one of the requirements is to ensure the required amount of primary frequency control.
In addition, over the past few years, there has been an increase in wind and solar power generation in Ukraine, which will require the construction of additional highly maneuverable capacities that meet the environmental requirements of European countries.
“The start of cooperation with RTE, the leading player in the European market, the implementation of a complicated and innovative energy storage project is a significant step towards our European integration and the strengthening of Ukraine’s energy security,” Ukrenergo Head Vsevolod Kovalchuk said.

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UKRAINE PLANS TO BUYS 227 BUSES, 153 TROLLEYBUSES UNDER EIB PROJECT IN 2019

Ukraine under the Ukraine Urban Public Transport Project of the European Investment Bank (EIB) plans to buy 227 buses, 153 trolleybuses, 56 trams and 35 subway wagons in 2019, according to a posting on the website of the Infrastructure Ministry.
“The Infrastructure Ministry together with the Finance Ministry and local governments (11 cities) are implementing the EIB project, which main goals are to implement subprojects in the cities of Ukraine to develop environmentally friendly and socially significant transport,” the ministry said.
The project provides for the renewal of the fleet of buses, trolleybuses, trams, metro cars, construction and reconstruction of tram and trolleybus lines, funicular, replacement of traction substations, introduction of modern fare collection systems and information systems using borrowed funds from the EIB and EBRD.
According to the Infrastructure Ministry, in particular, in 2018, under the project 167 trolleybuses were purchased, including 47 units for Odesa, 40 units for Kremenchuk, 23 trolleybuses delivered to Dnipro, 10 to Kremenchuk, and eight – to Kryvy Rih.
Thanks to these purchases, taking into account the trolleybus fleet in these cities as of January 1, 2018, Odesa has now updated its fleet by 28%, Kremenchuk – by 70%, Dnipro – by 17%, Rivne and Kryvy Rih – by 10% each.
As reported, in April 2017, Ukraine’s Verkhovna Rada passed a bill ratifying the financial agreement between Ukraine and the EIB under the Ukraine Urban Public Transport Project.
The approximate total cost of the project is EUR 400 million.

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