Business news from Ukraine

On December 1, 2023, UkraineInvest will organize Annual Investors’ Meeting, created to improve dialogue between business and government.

  The goal is to organize analytical discussions on the implementation of industrial investment projects, present a report on the prospects and mechanisms for creating new investment funds, and award investors who have started and are implementing projects after February 24, 2022.

The event will take place on December 1, 2023, at the UCCI and will bring together high-ranking government and business representatives.
The recovery and economic transformation of Ukraine depends on adequate funding for reconstruction projects and attracting private investment. Despite the significant challenges of today, Ukrainian and international companies continue to invest, create new jobs, support the country’s economy, and show the world an example of project implementation without waiting for the end of hostilities.
Participants will discuss the needs of business and the state in terms of industrial, energy-efficient equipment and materials, economic transformation, and factors of Ukraine’s investment attractiveness.
The event will include an award ceremony for companies investing in Ukraine after 02/24/22, public figures and media contributing to the development of Ukraine’s investment environment.

Time: 14:00-18:00

Among the speakers:
– Sergiy Tsivkach – Executive Director of UkraineInvest, the government office for attracting and supporting investments
– Volodymyr Kuzio – Deputy Minister of Economy of Ukraine
– Dmytro Kysylevsky – Member of Parliament of Ukraine, Deputy Chairman of the Committee on Economic Development of the Verkhovna Rada of Ukraine
– Hanna Zamazeyeva, Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine

Organizers: UkraineInvest, Government Office for Investment Promotion and Support, and the Ukrainian Chamber of Commerce and Industry

Program of the event
https://shorturl.at/gixO4

Media accreditation is required:
E-mail: nazarii.volianskyi@ukraineinvest.gov.ua; tel. +38063-023-11-93

, , , , ,

On November 15, UkraineInvest will organize largest investment forum FIT for Ukraine in Warsaw: Annual Meeting.

The goal: to attract private investment for Ukraine’s reconstruction. Participants will discuss the most important issues facing investors in Ukraine, outline investment achievements in 2023, and define plans for the next year.

The event will take place offline, as part of the largest exhibition for the reconstruction of Ukraine, ReBuild Ukraine. Anyone wishing to invest in Ukraine and participate in its reconstruction will receive the most up-to-date analytical data, information on available investment incentives, successful investment cases, regulatory changes, practical aspects of project implementation, and investment projects in the development of UkraineInvest.

The annual forum will bring together high-level representatives of government and business, investment agencies, international organizations, and financial institutions. Speakers will include government officials, representatives of BlackRock, DFC, EBRD, CSIS, Kingspan, Kovalska, Bayer, and others. The event is expected to be attended by 500 international delegates.

The forum will include an award ceremony for representatives of the government, business and international organizations that have contributed to the development and support of Ukraine’s economy.

Program of the event

https://shorturl.at/jsyJY

Media accreditation:

E-mail: nazarii.volianskyi@ukraineinvest.gov.ua; tel. +38063-023-11-93

 

, ,

On 15th of June UkraineInvest organises online investment forum “FIT for Ukraine: Investment Innovations”

On the 15th of June UkraineInvest organises the online investment forum “FIT for Ukraine: Investment Innovations”. The purpose of the event is to present an overview of the investment market in Ukraine, investment projects, successful business cases and preliminary conclusions of the analytical report on this topic, which was initiated by UkraineInvest with the support of UNDP and other authoritative international organisations.

The event will be held online in Ukrainian and English. Simultaneous translation will be provided during the broadcast.

About this event:

Ukraine has undergone a significant economic and industrial decline as a result of full-scale military aggression. The country’s GDP has contracted by almost 30%, and the share of manufacturing has dropped to 7% from 11% in 2021. Although businesses have shown resilience in their operations, they face limitations in terms of accessing finance and technologies. The ongoing war in Ukraine represents the largest land military operation in Europe since World War II, highlighting the urgent need for innovative approaches to finance investments.

To revitalize the economy and industrial sector in Ukraine, immediate action is required in the form of impact investments utilizing blended finance, combining state, donor, and private capital, along with attached war/political risk insurance mechanisms. These measures will help stimulate economic growth and attract international companies interested in entering the Ukrainian market.

FIT for Ukraine: innovative investments program has been designed to present the landscape of the investment market in Ukraine, pipeline of projects that seek investment, the most current investment success cases, and preliminary findings of the analytical report on the topic that was initiated by UkraineInvest with the support of the UNDP, and other reputable international organizations

Time:  16:00-18:00 (Kyiv)

Speakers:

  • Yulia Svyrydenko – First Deputy Prime Minister – Minister of Economy of Ukraine
  • Oleh Nemchynov – Minister of the Cabinet of Ministers of Ukraine
  • Jaco Cilliers – UNDP Resident Representative to Ukraine
  • Sergiy Tsivkach – CEO, UkraineInvest
  • UNDP – TBC
  • Maria Håkansson – MD and CEO of Swedfund
  • Natalie Jaresko – Former Minister of Finance of Ukraine currently with EY-Parthenon
  • Konstantin Magaletskyi – Co-owner of Ukraine Green Recovery Fund
  • Pavlo Kartashov – Director of the Ukrainian Startup Fund
  • Amit Shah – Investment Director at Bridges Fund Management

Organised by:

UkraineInvest – Government of Ukraine Investment Promotion Office.

Since 2020 we:

  • supported attraction, and unlocked over $ 1,5 billion in FDIs
  • provided 4000+ consultations to investors (legal, financial, analytical, etc)
  • resolved over 150 issues of investors operating in Ukraine
  • developed over 80 legislative proposals to improve the investment climate
  • ranked in the top 5 of best IPA’s out of 23 CEE countries, 2020-2022

Media accreditation: https://docs.google.com/forms/d/e/1FAIpQLSccvY7ZQ_ZQk0qHpuwOFiAQpJnzIMtjCJHiX62wr0yOeB6K3w/viewform

For media partnership, please call: +38063-023-11-93

Moderator:

  • Marina Besignano – Partner, Mayer Brown (New York); advisor to UkraineInvest.

On April 21, 2023, UkraineInvest will organize an online investment forum FIT for Ukraine

Dear media representatives!

On 21 April, UkraineInvest will hold an online investment forum FIT for Ukraine: Logistics, the purpose of which is to promote the investment needs of the logistics industry, as well as to present current analytical information and investment projects already implemented in Ukraine. The event will be held online in Ukrainian and English. Simultaneous translation will be provided during the broadcast.

About the event:

The total amount of direct damage to Ukraine’s infrastructure and logistics as a result of a full-scale invasion has risen to nearly $144 billion. This has caused major problems for business in Ukraine and around the world. However, Ukraine is gradually restarting logistics operations and rebuilding to the best international standards.

The role of the private sector in rebuilding logistics in Ukraine is important in attracting investment and the latest technologies. The opportunities for private companies are significant and can be realised through various mechanisms, including public-private partnerships, international investors and local companies.

Anyone wishing to invest in Ukraine and participate in the reconstruction of its logistics sector will receive the latest analytical data, information on available investment incentives.

Time: 16:00-18:00 (EET)

Languages: English/Ukrainian (simultaneous translation)

Speakers:

  • Rustem Umerov – Chairman of the State Property Fund of Ukraine (TBC)
  • Sergiy Tsivkach – Executive Director of UkraineInvest, Ukrainian government’s investment promotion office
  • Viktor Dovgan – Project Manager of the “Mostysky Dry Port” Industrial Park
  • Olena Voloshyna – Head of International Finance Corporation (IFC) in Ukraine
  • Andriy Dligach – EVA/VARUS Group
  • Mykhailo Sakun – Project Manager of M10 Industrial Park, Dragon Capital

Organized by:

UkraineInvest – Government of Ukraine Investment Promotion Office.

Since 2020 we:

  • supported attraction, and unlocked over $ 1,5 billion in FDIs
  • provided 4000+ consultations to investors (legal, financial, analytical, etc)
  • resolved over 150 issues of investors operating in Ukraine
  • developed over 80 legislative proposals to improve the investment climate
  • ranked in the top 5 of best IPA’s out of 23 CEE countries, 2020-2022

Accreditation for the media:

shorturl.at/anAJX

To become a media partner, please call: +38063-023-11-93

UKRAINEINVEST INVESTS IN CLEAR ENERGY GROUP’S EUR 30 MLN WASTE PROJECT IN ODESA

The Investment Promotion Office (UkraineInvest) has signed a memorandum of understanding with Clear Energy Group LLC (Kyiv), operating in the field of bioenergy, on the implementation of a project for construction of a waste management complex at the site of the Dalnytski Quarries landfill (Odesa) with an investment of about EUR 30 million over three years.
“UkraineInvest provides organizational and advisory support to the investor in the preparation and implementation of the project, in accordance with the law on ‘investment nannies,'” the Office said in a statement.
According to a statement on the Clear Energy Group website, the project provides for creation of a sorting complex for up to 400,000 tonnes of municipal solid waste per year and a combined heat and power plant (CHPP) using RDF fuel with a capacity of 20 MW, generating 74,000 Gcal of thermal energy per year.
It is noted that the sorting line will reduce the amount of waste for disposal in the region by at least 30%, and the generated energy will substitute for 10.5 million cubic meters of natural gas during the heating season.
The report specifies that the thermal energy obtained by burning waste will be supplied at a lower tariff than in the case of burning natural gas.
The Office’s website notes that the project implementation involves creation of 85 new jobs.
Clear Energy Group says on its website that it is the leader in terms of generating electricity from biogas. Its “green” portfolio for production of electricity from biomass and biogas amounted to 21 MW by the end of 2020, and annual electricity production exceeds 91 million kWh. In addition, the portfolio of Clear Energy Group, according to the website, includes 15 projects for the degassing of solid waste landfills throughout the country, the key of which is Odesa-based Dalnytski Quarries landfill.
The company’s plans for the coming years include the launch of 250 MW of “green” capacities throughout Ukraine.

, ,

INVESTMENT PROMOTION OFFICE RECEIVES 23 REQUESTS FROM POTENTIAL INVESTORS FOR A TOTAL OF $1.35 BLN

The Investment Promotion Office (UkraineInvest) has received 23 requests from potential investors for a total of $1.35 billion within the framework of the adopted law on “investment nannies,” UkraineInvest Executive Director Serhiy Tsivkach told Interfax-Ukraine on the sidelines of Hyperloop 3.0 organized by the Biosphere Corporation in Lviv.
“As of today, we have 23 projects. The 24th is being confirmed. The total amount is $1.35 billion. I think that after this event, the pipeline will increase by another 500 million,” Tsivkach said.
According to him, now UkraineInvest employs about 14 people in this direction. “Some of them work directly with investors, some do their homework. We try to ensure that one manager has 7-10 projects,” the head of UkraineInvest said.
He said that the government has already adopted four by-laws necessary for the launch of the investment nannies mechanism in practice.
“We are still expecting three acts: on keeping the register of projects, requirements for feasibility studies and methodology for calculating the amount of state aid. I think that within a month, God forbid, we will be able to process the first applications and submit them to the Ministry of Economy,” Tsivkach said.

, ,