Business news from Ukraine

UKRAINE REGISTERS UAH 706 MLN INVESTMENT FUND OF MANAGING PARTNER CHERNOVETSKYI INVESTMENT GROUP

The National Securities and Stock Market Commission of Ukraine in the last days of 2020 registered the issue of shares of JSC closed-end non-diversified venture corporate investment fund CIG, the beneficiary of which is managing partner of Chernovetskyi Investment (CIG) Volodymyr Kryvko.
According to the public register, the charter capital of the fund is UAH 706 million.
The asset management company (AMC) for the new CIG fund is AMC Univer, on the website of which it is listed among the other 25 similar venture funds.
Chernovetskyi Investment Group, president of which is the son of former Kyiv Mayor Leonid Chernovetsky Stepan, is an investment company established in 2012, positioning itself as a venture investor in Eastern Europe and estimating its investment potential at $100 million.

, ,

UKRAINE REGISTERS RIVNE INDUSTRIAL PARK

The Ministry for Development of Economy, Trade and Agriculture of Ukraine included Rivne industrial park (Rivne region) with an area of 125.13 hectares, initiated by the Rivne regional state administration, in the register of industrial parks on February 1, 2021.
According to the information on the ministry’s website on Friday, the planned term of operation of the park, located on the territory of Mala Liubasha rural council of Kostopil district, is 40 years. It is planned to create 1,750 jobs.
Priority types of economic activity in the industrial park will be: woodworking and furniture industry; production of construction and heat-insulating materials; mechanical engineering; recycling of secondary resources.
According to a posting on the website of the Rivne Regional State Administration, the industrial park has already won the Golden Site 2020 contest, implemented by the Polish Investment and Trade Agency.
The press service of the ministry said that today, 46 parks are already included in the register of industrial parks, including 23, which selected management companies, and eight, which involved participants (10 participants in total).
In addition, industrial parks, which are not included in the specified register, are being created and are functioning, including four parks created before the adoption of the law of Ukraine on industrial parks.

, ,

ECONOMY MINISTRY REGISTERS PATON INDUSTRIAL PARK IN KYIV REGION

On December 24, 2020, the Ministry for Development of Economy, Trade and Agriculture of Ukraine included the Paton industrial park (Kyiv region) in the register of industrial parks. The park, the initiator of which was the Pilot Paton Plant (Kyiv), the manufacturer of welding equipment, has an area of 17.0597 hectares.
According to the information on the ministry’s website, the planned life of the park, located on the territory of the Hlevakha village council of Fastiv district, is 30 years. It is planned to create up to 2,000 jobs.
The priority types of economic activity in the industrial park will be the creation of industrial production of modern electric welding equipment for various purposes, electric welding materials, packaging for various purposes, logistics and others.
The press service of the ministry said that today 45 parks have already been included in the register of industrial parks, including 23 management companies have been selected, and eight parks have participants (10 participants in total).
In addition, industrial parks, which are not included in the specified register, are being created and are functioning, including four parks created before the adoption of the law of Ukraine on industrial parks.
The Pilot Paton Plant was established in 1959 on the initiative of Borys Paton, as one of the elements of the Electric Welding Institute. The plant is the leader of the Ukrainian market of welding equipment and materials.

, ,

UKRAINE PLANS TO CHANGE TRADITIONAL POPULATION CENSUS FOR ONE BASED ON REGISTERS IN TEN YEARS

Minister of the Cabinet of Ministers of Ukraine Oleh Nemchinov announced intention to create a working group that will develop a draft document for Ukraine’s transition from a traditional population census to a census based on registers in 2030.
“Today, along with the State Statistics Service of Ukraine and the United Nations Population Fund, we signed a joint statement on the creation of a working group that will work on the development of a comprehensive draft document for Ukraine’s transition from a traditional population census to a census based on registers in the 2030 round of population and housing censuses,” Nemchinov wrote on the Telegram channel.
According to him, the creation of a working group with the involvement of international experts is an important stage in preparation for a high-quality census in registers, recognition of its results by Ukraine’s international partners, digital transformation and a modern culture of data use. The minister believes that the transition to the population census using registers contains numerous advantages and opportunities, in particular, a decrease in financial costs, a reduction in the timing of the census, a decrease in the time for obtaining the results of the population census, a decrease in the burden on respondents, the ability to conduct a census more often than once every ten years.

,

JUSTICE MINISTRY REGISTERS UKRAINIAN STATE CUSTOMS SERVICE

The State Customs Service on July 16 was registered in the unified state register of legal entities, individual entrepreneurs and public organizations of the Ministry of Justice. “When you enter the register and you are happy. Today Maksym Nefyodov [the head of the State Customs Service appointed as a result of a tender] has registered the State Customs Service,” Finance Minister Oksana Markarova said on Facebook.
As reported, on July 13 Nefyodov completed his work as deputy minister of economic development and trade and from July 15 began to serve as head of the customs service.
The government of Ukraine in December 2018 decided to divide the State Fiscal Service into the State Customs Service and the State Tax Service. The State Tax Service was registered earlier, and the creation of the State Customs Service was delayed because of contesting the tender for the head of the department in court.

, ,

UKRAINE REGISTERS TWO MORE INDUSTRIAL PARKS

Ukraine’s Economic Development and Trade Ministry on November 7 placed the Energy industrial park (Mykolaiv) and the Innovation Forpost industrial park (Dnipro) with areas of 36 ha and 49.5 ha respectively to the register of industrial parks.
According to the information posted on the ministry’s website last week, the initiators of the creation of the parks were the Mykolaiv and Dnipro city councils, respectively.
The stated period of operation of the Energy park is 30 years. According to preliminary calculations of the initiator, 1,800 jobs will be created on its territory. The priority types of economic activity are the production of food and beverages, rubber and plastic products, building materials, glass, chemical products, finished metal products, machinery and equipment, as well as research and development activities in the field of information and telecommunications.
According to the ministry, the Innovation Forpost park was established for 45 years and provides for the production of electrical machines, electrical equipment, metallurgical production, production of non-metallic mineral products, as well as the provision of computer services. On the territory of the industrial park, according to the Dnipro City Council, up to 600 new jobs could be created.
The ministry said that 35 parks are already placed to the register of industrial parks, 17 of which selected management companies, and five have already attracted members. According to the ministry, another 14 industrial parks are not registered.

, ,