Category: News

January, 26, Kyiv – State Geologic and Subsoil Survey of Ukraine (hereinafter – UGS), Ukraine’s national upstream regulator, together with the state agency UkraineInvest, presented a list of strategic and critical minerals, which can be bought at electronic auctions. Their extraction and development can bring more than $10 billion of investments to the country.

The Director General of UGS, Roman Opimakh, presented a unique product, called an Investment Atlas, which is available online and also in English.

The Investment Atlas contains a list of 15 minerals and currently contains 30 promising fields of strategic and critical mineral resources, inter alia lithium, which is in high demand for batteries and computers.

The so called “metals of the future” are used in high-tech industries worldwide. Titanium and beryllium are important components of aerospace technology. An investor will also find proposals of gold, tantalum, cobalt and other rare earth minerals.

A special attention was paid to hydrocarbon fields, which Ukraine is also rich for. The UGS announced a number of new oil and gas concession licenses to be sold via electronic auctions. Also, a large oil and gas ‘Oleska’ block with an acreage of ​​6,324 km2, as the Production Sharing Agreement, was announced to be open for E&P partnership.

Ukraine has recently signed eight Production sharing agreements (hereinafter – PSAs) with the investors. The total acreages of signed PSAs cover an area of almost 10.000 km2. Total investment commitment during the first five years account for $390 million.

Ukraine also re-launched an ex-Shell PSA, ‘Yuzivska’ oil and gas block, with acreage of over 7,500 km2. The PSA has been re-signed between the Government, national company ‘Nadra of Ukraine’ and the national company ‘Naftogaz of Ukraine’.

The slides of the presentation are available online at https://drive.google.com/file/d/1YgkJPOVVCP7zv7BCgJvFKBi7AdimAs8q/view

Open bids can be found under the link https://www.geo.gov.ua/en/open-bids/

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State Geologic and Subsoil Survey of Ukraine https://www.geo.gov.ua/en

UkraineInvest https://ukraineinvest.gov.ua/

We are proud to share that N-iX has been named a Rising Star in the 2020 edition of ISG Provider Lens™ Analytics – Solutions and Service Partners for the UK market.

The company is recognized as one of Ukraine’s top employers according to the 2020 Forbes.ua rating and listed in the Global Outsourcing 100® for the fourth consecutive year.

Find out more https://www.n-ix.com/news/isg-recognizes-n-ix-rising-star-data-engineering/

It is with great sadness and grief, we acknowledge the passing into eternity of a charming and kind woman, caring mother, excellent organizer, and a person of a big heart – Anna Kisil.

Her life was full of outstanding achievements; everything she touched transformed into a success. Neither business projects nor community events that Panni Anna worked on had any chance of failure.

Anna Kisil was a longstanding leader and voice for Ukrainian newcomers to Canada and women’s associations, an active member of Ukrainian Canadian Congress, World Ukrainian Congress and Canada Ukraine Chamber of Commerce. Her tireless work for the benefit of the Ukrainian community in Canada and Ukraine was noticed and recognized by both countries’ governments.

No words may fully express the overwhelming grief due to the loss of a remarkable human, who Anna Kisil undoubtedly was and she will forever remain in our hearts.

We express our deepest condolences to her family and loved ones and mourn with you.

May her memory be eternal.

By Bermet Talant
Here are the Kyiv Post’s picks for some of the most exciting deals and events coming in the first half of 2018:

4G spectrum auction

The faster 4G — a dream for Ukrainian mobile operators and their customers — may soon come true. The state regulator finally set the date for the auction on the 1800 MHz spectrum, which includes the frequency ranges between 1710–1785 MHz and 1805–1880 MHz. The auction is scheduled for Feb. 26.

Ukraine launched 3G only three years, more than a decade behind European Union countries. But local providers — Kyivstar, lifecell, and Vodafone — are ready to roll out 4G.

New link with Europe

The Beskydy railway tunnel connecting Ukraine with Europe will be open in May, Ukraine state railway company Ukrzaliznytsya announced. The 1,822-meter long tunnel is a section of the fifth Pan-European transport corridor connecting western Ukraine with Italy, Slovenia, Hungary and Slovakia. It will boost Ukraine’s trade capacity with the European Union.

New fashion brands

The first store of long-awaited Swedish retailer H&M will open in Kyiv’s Lavina Mall in spring. Leading Turkish retailer DeFacto plans to enter the Ukrainian market with a store in Odesa’s Riviera mall, company vice president Serdar Ersoy told the Retailers Association of Ukraine.

Chornobyl solar plant

The first solar power plant in Chornobyl exclusion zone is being prepared for launch within weeks, Yevgen Varyagin, the head of the Ukrainian-German company Solar Chernobyl, told Agence-France Presse. Located 100 meters away from the new Safe Confinement, installed in 2016, a one-megawatt power plant with about 3,800 photovoltaic solar panels can cover needs of about 2,000 households. Chornobyl zone’s state administration received 60 proposals from foreign companies including Chinese, Danish and American interested in solar developments in the exclusion zone

More flights

A new Ukrainian budget airline SkyUp will start flying in April. The company promises affordable charter flights from four Ukrainian cities to 16 foreign destinations in Turkey, the United Arab Emirates, Spain, Italy, Egypt, Albania, Bulgaria and Cyprus.

In addition, Bulgaria Air launches a direct flight Kyiv – Sofia in February, and Air Malta will start flying to four Ukrainian cities in April. And a Hungarian low-cost airline Wizz Air keeps expanding its presence in Ukraine, adding Kharkiv to its list. The company also announced two new flights from Lviv to Dortmund starting from March 26 and to London’s Luton airport from May 1.

Privatization start

Sumy-based chemical producing plant Sumykhimprom will be put on sale in February for Hr 248.8 million ($8.7 million). Although 99.99 percent of the plant belongs to the Ukrainian government, it is de facto controlled by oligarch Dmytro Firtash’s companies, according to a Radio Free Europe/Radio Liberty investigation. In total, the State Property Fund plans to sell its stakes in some 100 enterprises for Hr 22.5 billion, or $773 million, this year.

 

Source: Kyiv Post

Sometimes it’s hard to get rid of the cliché that there are traditional “male” and “female” professions. According to HR agencies, sectors such as construction, IT, energetics, heavy industry and mechanical engineering, defence and security, metallurgical industry, surgery, shipping, and mining are usually managed by men. The “traditionally female” profession fields include HR, statistics, accounting, education, sales management, communications, art, psychology, and media.

Who would you imagine a metallurgical company is managed by? A charismatic man wearing a tailored suit and a tie. Apparently, 90% of the metallurgical enterprise managers look like that, but not the Energosteel manager…

Allow me to introduce Ms. Liudmyla Kravets, a successful businesswoman.

 

Liudmyla reveals us her own secrets of success: “Half of our top managers are women. They got their posts thanks to their professional qualities, experience, and ability to make managerial decisions.” Ms. Kravets believes that such a management structure brings more harmony and higher efficiency. Thanks to effective management Energosteel is the second ranked Ukrainian company in the manufacture of steel grinding balls and is successfully competing with metallurgical giants within the industry. Moreover, the company is a successful exporter to neighboring countries, Europe, Latin America, along with exploring the US and Canadian markets.

Gender equality research shows that companies managed by women are more profitable. The metallurgical industry is facing new challenges and an employment crisis. More and more heavy industry companies are transforming outdated approaches to recruitment and persistently looking for women with professional education. Canada is among the countries which actively support and promote women’s entrepreneurship, and works on a diversity principal basis. Why companies have changed their recruitment strategies? It’s important to emphasize a woman’s role in this process. Women are more adaptable by nature. They usually go with their gut feeling, combining their high emotional intelligence with attention to details and capacity for work.

More information about Energosteel achievements and its team is available at http://ukraine-trade-and-investment-portal.com/energosteel/

Canada and Ukraine are expanding cooperation in the ICT Industry and we hope that the next revision of the CUFTA (Canada Ukraine Free Trade Agreement) will include trade in services and investments. In the last two years, the Canadian Embassy in Ukraine took an active part in our major ICT show Lviv IT Arena, the largest tech conference in Ukraine and Eastern Europe IT ARENA. Canada is the only country that is allowed to have its national program within the frameworks of this event.

The Embassy of Canada to Ukraine – Canadian Trade Commissioner Service (Canadian TCS) in partnership with Canada-Ukraine Chamber of Commerce (https://www.cucc.ca/) and Canada-Ukraine Trade & Investment Support Project (CUTIS Project) invites you to participate in the

Canada Program @ Lviv IT Arena – the largest Eastern European and leading Ukrainian IT Forum going 100% online on 8-10 Oct 2020

  The registration gives access to all Conference’s activities including participation in the Canadian MeetUp.

We have secured FREE access for all Canadian participants:

• Between 6,000 – 10,000 qualified international participants from several continents
• A two-screen custom-built App to maximize experience & B2B networking (similar to Web Summit’s Collision From Home stream+meetings engine)
• Renown speakers in all 4 conference Tracks: Business, Product, Technologies and Start-ups
• Exclusive B2B, B2C concierge service for all participating Canadian companies*
• “Canadian Meet-Up” 60min event on Day 3 of the Forum – a great chance to dive into big picture Canada-Ukraine relations and local IT ecosystem dynamics**
• Excellent ‘podium’ for engaging with creative, entrepreneurial, dynamic, socially active middle-class Ukrainian and international ICT audience
• For reference: latest speakers line-up  here (added daily) and last year’s Arena’s aftermovie

Please, register by filling this typeform – get advance access to exclusive B2B/B2C matchmaking! 

Canadian TCS in Kyiv and partners look forward to seeing your name on the list. Your success matters, as we continue to level up bilateral ICT commercial, STI and investment collaboration – please stay tuned***

*The App will allow you to follow speeches, chat, to create chats based on shared interests. A separate group for B2B matchmaking will be set up.

** Canadian Meet-Up will be streamed in a talk-show fun and engaging format and will feature business, politics, STI industry and government speakers.

***Stay tuned for a follow up online event we shall put up in the next 4-6 months. Meanwhile, I attach an outstanding snapshot of the local IT market, courtesy of N-iX.