Business news from Ukraine

THE CLUB OF EXPORTERS OF UKRAINE LAUNCHED ONLINE PROJECT “DIGITAL EXPO – UKRAINIAN GOODS AND SERVICES”

Fierce competition in all industries and the rampant development of information and communication technologies constantly require businesses to look for new means to expand markets.

In August 2021, the Ukrainian Exporters Club launched a new online “Digital expo – Ukrainian Products and Services” Project. The Scope of the Project is to draw the attention of foreign importers, distributors, representatives of trading networks to Ukrainian products, attract them to cooperation and, thus, increase Ukrainian exports.

Digital expo is a web resource where only Ukrainian companies are represented. Each of them has its own web site with a scope of activities description, photos and presentations of products and services and a feedback form to send requests for cooperation. For ease of search, all companies are grouped by main categories, namely:

PRODUCTS:

Metallurgy and Metalworking Production

Energy and Raw Materials Resources

Agriculture and Animal Husbandry

Food Industry

Mechanical Engineering

Vehicles and equipment

Chemicals and Pharmaceuticals Industry

Agriculture

Wood and Furniture

Construction Industry and Public Works

Glass and building materials

Precision equipment

Electrical and electronic equipment

Textiles and clothing

Luxuries

Products for sports and recreation

SERVICES:

Information Technology

Printing and publishing

Transport and related services

Marketing, Advertising and Mass Media

Banking

Finance and Insurance

Business services

Health Care

TOURISM

Digital expo is three sites, each in its own language: in Ukrainian, English and Chinese. This is done in order to improve market coverage and increase the confidence of foreign companies located in different regions of the world.

In fact, “Digital expo – Ukrainian Products and Services” is not a new project of the Ukrainian Exporters Club. It is a modernized, updated and adapted to modern market needs “Inspired By The Best In Ukraine” Project, which was created in 2015.

The previous project was supported by DHL and the EBRD at various stages of its life. It presented Ukrainian products and services at the international exposition IF CHINA in Beijing in 2016 and CIIE in China in 2019.

In the summer of 2021, the electronic catalogues of the Ukrainian Exporters Club became Digital expo.

In the last 3 months (June to August) of 2021, the exhibitors received more than 10,000 requests for cooperation from Malaysia, Poland, Turkey, China, Korea, Baltic States and other countries.

The modern project has become even better. It participates in international online expositions, including: worldexpo, expotobi, food1.com, echemi.com, infobel.com, foodfocus.co.za and others.

“Digital expo – Ukrainian Products and Services” is supported by world and Ukrainian reputable organizations, including: Ministry of Economy of Ukraine, Kyiv Chamber of Commerce and Industry, Entrepreneurship And Export Promotion Office, Euromonitor International and Others. The general media partner of the exposition is the Interfax-Ukraine News Agency.

You can learn more about the “Digital expo – Ukrainian Products and Services” Project and apply for participation at the link: https://inspiredbythebestofukraine.ticketforevent.com/ru/home/40010/

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STRUCTURE OF EXPORT OF SERVICES IN JAN-JUNE 2021 (GRAPHICALLY)

Structure of export of services in Jan-june 2021 (graphically)

SSC of Ukraine

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STRUCTURE OF IMPORT OF SERVICES IN JAN-JUNE 2021 (GRAPHICALLY)

Structure of import of services in Jan-June 2021 (graphically)

SSC of Ukraine

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BOLT RAISES EUR 20 MLN OF INVESTMENT TO DEVELOP SERVICES IN EASTERN EUROPE (INCLUDING UKRAINE) AND AFRICA

Bolt, a ride-hailing service, has raised EUR 20 million of investment from the International Finance Corporation (IFC), a member of the World Bank Group, to increase access to mobility services in Eastern Europe (including Ukraine) and Africa (Nigeria and South Africa), the press service of the company reported on Thursday.
“Technology can and should unlock new pathways for sustainable development… Our investment in Bolt aims to help tap in to technology to disrupt the transport sector in a way that is good for the environment… and provides safer and more affordable transportation access in emerging markets,” IFC Chief Operating Officer Stephanie von Friedeburg said in a statement.
“We are looking forward to partnering with IFC to further support entrepreneurship… and increase access to affordable mobility services in Africa and Eastern Europe. Together with the investment from the European Investment Bank last year, we are proud to have sizeable and strategically important institutions backing us and recognising the strategic value Bolt is providing to emerging economies,” Bolt CEO Markus Villig said.
In Ukraine, Bolt ride-hailing service was launched in summer 2018.

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STRUCTURE OF EXPORT OF SERVICES IN THE FIRST HALF OF 2020 (GRAPHICALLY)

Structure of export of services in the first half of 2020 (graphically).

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STRUCTURE OF EXPORT OF SERVICES FROM UKRAINE IN FIRST HALF OF 2020

Structure of export of services from Ukraine in first half of 2020

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