Business news from Ukraine

DONALD TRUMP CONGRATULATES RUSSIA AND UKRAINE ON EXCHANGE OF PRISONERS

U.S. President Donald Trump has congratulated Ukraine and Russia on the successful implementation of the mutual release of persons held by the states, calling it a “giant step towards peace.”
“Russia and Ukraine just swapped large numbers of prisoners. Very good news, perhaps a first giant step to peace. Congratulations to both countries!” he said on Twitter.

, , ,

BELARUSIAN PRESIDENT LUKASHENKO: BELARUS TOGETHER WITH RUSSIA OR UKRAINE COULD HOST OLYMPIC GAMES

Belarus could host Olympic Games together with Russia or Ukraine, Belarusian President Alexander Lukashenko said.
“Of course, it is hard for us to compete with giants, but we can host the Olympics together with, let us say, Ukrainians or Russians,” the BelTA state news agency cited Lukashenko as saying in Brest.
Facilities for the Olympic Games are ready in Belarus, he said. “We’re going to build the national soccer stadium and a facility for water sports now, and soccer remains. Russia has the infrastructure for soccer. We can easily host the Olympics with them. And here, in Belarus, we can host mostly the Summer Olympics with the help of Russians or Ukrainians. They have facilities we’re lacking,” Lukashenko said.
Belarus hosted the Second European Games in June.

, , , ,

DANISH AGRO-COMPANY AGROMINO WITH ASSETS IN UKRAINE, RUSSIA AND ESTONIA POSTS EUR 6.6 MLN NET PROFIT

The Danish agro-company Agromino with assets in Ukraine, Russia and Estonia received EUR 6.6 million of net profit in January-June 2019 against EUR 2.8 million of net loss for the same period in 2018.
According to a company report on the website, total income, adjusted for the fair value of assets and reserves, for the first half of this year increased 10%, up to EUR 30.2 million.
Agromino’s EBITDA for the six months was positive and totaled EUR 10.2 million in comparison with negative indicator in p2018 – EUR 1.8 million.
Consolidated assets of the agricultural company at the end of June 2019 were estimated at EUR 92.9 million compared to EUR45.4 million by the end of 2018.
Agromino in the second quarter of 2019 saw 21% million rise in net profit against EUR 9.8 million of net profit for the same period last year. Total revenue for this period increased by 9.5%, to EUR 22.2 million.
Agromino (formerly Trigon Agri) was established in 2006. It specializes in grain and dairy production, agricultural trade.
In Ukraine, the company owns four silos with a capacity of 145,000 tonnes. Its land bank is about 45,000 hectares in Kharkiv, Mykolaiv, and Kirovohrad regions.

, , , ,

UKRAINE BUYS $68.7 MLN WORTH NUCLEAR FUEL FROM RUSSIA, SWEDEN IN 2019

Ukraine spent $68.666 million on nuclear fuel for its power plants in the five months of 2019.
According to the State Statistics Service, $17.437 million was spent on Russian fuel and $51.229 million on Swedish fuel. Thus, Russia’s TVEL provided 25.4% of its fuel, and Sweden’s Westinghouse 74.6%.

, ,

UKRAINE RECOGNIZED SAFER THAN USA AND RUSSIA FOR WOMEN TRAVELING ALONE – STUDY

A study of the world’s most dangerous countries for women traveling alone reveals the good, the bad and the ugly
There’s hearsay. There are personal anecdotes from other travelers. There are specific worries. Then, there are the hard facts. We’ve gathered data from a variety of trusted international sources to create a “Women’s Danger Index” that will help you find the worst (and safest) countries for solo female travel.
At the end of the article we also have 42 tips on how women can stay safe while traveling alone.

Our Methodology
Ranking the top 50 countries with the most international tourists by a grand total of eight different factors, our “Women’s Danger Index” was compiled using the following data sources:
Gallup World Poll (2018): Percentage of women who feel safe walking alone at night = 2 points
Equal Measures 2030 (2018): Female victims of intentional homicide index = 2 points
UN Women (2016): Lifetime Non-Partner Sexual Violence = 1 point
Georgetown Institute (2017/2018): Lifetime Intimate Partner Violence = 1 point
Georgetown Institute (2017/2018): Legal Discrimination = 1 point
World Economic Forum (2017): Global Gender Gap = 1 point
UN Development Program (2017): Gender Inequity = 1 point
OECD (2018): Attitudes Toward Violence Against Women Survey = 1 point
To measure safety abroad, one cannot look at only data on street safety, rape or violence. It also depends on the general attitude of the culture, minutiae of the legal system, and systematic oppression of local women. These issues can affect everything, from easily getting a taxi alone to having your voice be heard in a conversation to even needing a male escort for your personal safety. A lot on our list, such as attitudes toward partner violence, may not affect solo female travelers directly, but these factors are a good indication of overall attitudes within the culture.
Sadly, not one country received an “A” which indicates we have a long way to go before there is true equality between men and women on Earth. Thankfully, there are many signs that things are improving and there is light at the end of the tunnel.
Please note: We gave both the “percentage of women who feel safe walking alone at night” and the “female victims of intentional homicide index” a double weighting score because they are very good indicators of safety for foreign female travelers and are more likely to be highly accurate since it isn’t “shameful” to admit. Whereas, non-partner and intimate partner sexual violence are obviously strong indicators for rape but the seriously widespread underreporting (to differing degrees per country) makes it hard to justify double weight because it could skew the results more than is fair.

, , , , ,

EIGHT PEOPLE TO FACE TRIAL IN UKRAINE OVER EMBEZZLEMENT IN PROJECT WALL ON BORDER WITH RUSSIA

Charges brought in a case opened into the embezzlement of state funds allocated for the construction of fortifications, also known as Project Wall, along the border with Russia have been forwarded to the Darnytsky District Court of Kyiv. “Charges have been filed against three officials of the State Border Guard Service of Ukraine, three directors of contractor firms and two intermediaries. A total of eight people will go on trial,” the Specialized Anti-Corruption Prosecutor’s Office of Ukraine said on its Facebook page.
These persons are suspected of embezzling Ukrainian budget money allocated for efforts to equip the Russian-Ukrainian state border, territories adjoining the zone of the anti-terrorist operation in Donbas and the Autonomous Republic of Crimea, the post said.
Investigators have established that Ukrainian State Border Guard Service officials, acting in complicity and with the help of companies, misappropriated UAH 16.688 million (over $630,000) worth of budget funds.
Project Wall includes the construction of fortifications along the Russian-Ukrainian state border and in territories adjoining the area of the anti-terrorist operation in Donbas.
In February 2019, Ukrainian State Border Guard Service spokesman Oleh Slobodian estimated the readiness of Project Wall at around 30% at that time.

, ,