Business news from Ukraine


President of Ukraine Volodymyr Zelensky has appealed to foreign investors to invest in Ukraine.Zelensky posted the corresponding video on his Facebook page on Thursday.
So, Zelensky said that it is necessary to carry out a series of reforms that would contribute to the economic growth of the country.
“We need to change a lot here: fire non-professionals and hire professionals, deregulate industries, simplify rules, improve the infrastructure and many other things. As you know, changes take time … I invite you, investors, from any part of the world to join the opportunity,” Zelensky addressed investors in the English language.

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President of Ukraine Volodymyr Zelensky has ordered that a strategic plan be developed for qualifying to host the Olympic Games in Ukraine. “We need a plan, let’s say, that we are ready to build in 3-4 years and then we can get in line to host the Olympics. We must be ambitious,” Zelensky put the corresponding task during a conversation with Minister of Youth and Sports Ihor Zhdanov and President of the National Olympic Committee of Ukraine Serhiy Bubka on the territory of the State Enterprise Olympic Educational and Sports Center Koncha Zaspa on Tuesday.
According to the head of state, now we need to develop a sports infrastructure which can then be used for the Olympic Games.
“We should give a task to our guys, who are looking for investments, give a task to our budget, to allocate money annually to the objects we need, and then will be used for the Olympics. At least, we must try to achieve this,” Zelensky said.
For his part, Bubka noted that the upcoming Olympic Games for which Ukraine can apply is the 2030 Winter Olympics or the 2032 Summer Olympics.
At the same time, President of the National Olympic Committee of Ukraine noted that it would be more real if we host some of the following Winter or Summer Youth Olympic Games in our country.



President of Ukraine Volodymyr Zelensky has criticized the Mining and Metallurgical Combine PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) for failing to fulfill its commitments to improve the environmental situation in the region and urged to provide targeted financial support to people affected by harmful emissions into the atmosphere.
“If this program has been postponed for five years and not agreed with the citizens, I would like to ask you if you can consider some financial compensation for residents of Kryvy Rih, who have suffered for five years, to help them with treatment? I think that the municipality can help us find a list of people who, unfortunately, fell ill with cancer over the years,” he said at a meeting on the environmental situation in Kryvy Rih and Dnipropetrovsk region in Kryvy Rih on Friday.
According to Zelensky, over the past five years, an average of 25,000 people have appeared in Kryvy Rih, who have had cancer in one form or another.

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President of Ukraine Volodymyr Zelensky has proposed turning the Chornobyl zone into one of the points of economic growth in Ukraine.
“Today I’ve signed a decree that will be the beginning of transformation of the exclusion zone into one of the growth points for new Ukraine,” he said at Chornobyl Nuclear Power Plant, where the ceremony of transferring a new safe confinement will take place.

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President of Ukraine Volodymyr Zelensky has appointed Ihor Bondarenko head of Zakarpattia Regional State Administration.
“To appoint Bondarenko Ihor Samoilovych head of Zakarpattia Regional State Administration,” according to presidential decree No. 492 of July 5.
By another decree, Zelensky dismissed Ivan Duran from the post of acting head of Zakarpattia Regional State Administration.

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President of Ukraine Volodymyr Zelensky has approved the Regulations on the Presidential Office of Ukraine.
This is enshrined in decree No. 436/2019 of June 25. The document comes into force from the date of publication.
According to the Regulation, the Presidential Office is a permanent subsidiary body formed by the head of state in accordance with Paragraph, 28 Part 1 of Article 106 of the Constitution of Ukraine.
The tasks of the Office include the implementation of expert analysis of political, economic, social, humanitarian and other processes taking place in Ukraine and in the world, preparation of its results for submission to the President of proposals for domestic and foreign policy; participation in the processing of proposals regarding the implementation by the President of leadership in the areas of national security and defense of Ukraine, his fulfillment of the powers of the chairman of the Council of National Security and Defense of Ukraine, monitoring the security and defense sector; the examination of the laws passed by the Verkhovna Rada, received by the head of state for signature, the preparation of proposals on the signing of laws or the use of the right of veto, etc.
The Presidential Office ensures, in the established manner, the interaction of the President with the Verkhovna Rada, the Cabinet of Ministers, law enforcement, other state bodies, local governments, associations of citizens (including political parties, trade unions), enterprises, institutions, organizations, and contributes to the effectiveness of this interaction.
Among the tasks are the preparation of drafts of constitutional motions, appeals of the President to the Constitutional Court of Ukraine and proposals regarding the position of the President in matters considered by the Constitutional Court; ensuring the consideration of requests of deputies, groups of deputies and committees of the Verkhovna Rada to the President.
The Office has the power to request and receive information, documents and materials from government bodies and local government agencies, businesses, institutions and organizations of all forms of ownership and from their officials. It may engage researches and experts, and employees of central and regional executive bodies to perform works and missions and to participate in studying specific matters, including on a contractual basis.
The Office has the following staff in its structure: the head of the Office and their first deputy and deputies; the head of the Presidential Office secretariat; the first presidential aide and other presidential aides, presidential advisors, the presidential press secretary, and presidential envoys and representatives. In addition, the Office includes the president’s chancellery, the chancellery of the Presidential Office head, and several directorates and departments.
As reported earlier, Zelensky set up the Presidential Office by way of reorganizing and cutting the number of employees at the Presidential Administration of Ukraine.
Zelensky has appointed Andriy Bohdan as the chief of the Presidential Office. Zelensky issued another decree to dismiss him as the Presidential Administration head.
First Deputy Head of the Presidential Administration Serhiy Trofymov, Deputy Heads of the Presidential Administration Oleksiy Honcharuk, Yuriy Kostiuk, Vadym Prystaiko, Ruslan Riaboshapka, Kyrylo Tymoshenko, and Oleksiy Dneprov were appointed to similar positions in the Presidential Office.
Zelensky has repeatedly revealed plans to move from the existing Presidential Administration building on Kyiv’s Bankova Street to a new office.