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Yatsenyuk invites U.S. business to privatize Ukrainian companies

Prime Minister Arseniy Yatsenyuk has urged the U.S. businessmen to participate in privatization of Ukrainian enterprises, Ukrinform reports.

"We call on the U.S. business to participate in the large-scale privatization of the Ukrainian state-owned enterprises," the PM said during the Ukraine-US Investment Conference.

Poroshenko: Government won't let destabilization happen

Ukrainian President Petro Poroshenko has warned that the authorities will not allow the domestic situation to be destabilized, and said that the incident in Mukacheve, Zakarpattia region, was about re-distribution of contraband flows and the inquiry should lead to relevant staff reshuffles, Interfax-Ukraina reports.

IMF warns Ukrainian authorities about the loan conversion bill

Representatives of the International Monetary Fund in Ukraine expressed concern about the possibility of adoption by MPs of seven "fiscal" bills, including the loan conversion bill.

The statement was made by Director of the IMF European Department Poul Thomsen, Ukrinform reports.

"Legislative initiatives – like bill 1558-1 on the conversion of FX loans into hryvnia – would impose a significant cost on banks, and through them on most banks’ depositors and borrowers, for the benefit of the few," Thomsen said.

Arcus - Celebrating 10 Years on the Market

Arcus.com.ua has been actively working for 10 years on the Ukrainian market of plastic and metal-plastic windows installation in Kyiv and all over Ukraine.

During this time the company has increased its portfolio by making and installing gates and aluminum constructions, balconies and shutters. Today this has grown up to a gallery of works that shows how versatile the challenges of the Ukrainian market are today.

Stylet does it with style

The Ukrainian online retail market has been showing remarkable development over the past few years growing 50% in 2013 alone to reach over $3 bln in annual revenues. The fashion segment of the general retail market has been expanding even faster than the overall online retail dominated by the more mature segments of electronics and house utensils.

‘Stronger together’

Having got inspired with the aired Ukrainian official direction towards joining the European Family, the EU Delegation in Ukraine launched the information campaign to support this decision. The project, named ‘Stronger together’, aims to deliver information about benefits and opportunities, given if singing up the EU Association Agreement by Ukraine. To present the campaign with a formal ceremony, the leading politicians and officials came (e.g.

No entry for kids

President of Ukraine approved the Law that restricts time limits when the under ages may be outside without adult supervision. The regulation defines hours from 22:00 till 6:00 as period when such public places as night clubs, pubs, bars, game clubs, bowlings, internet cafes are banned to host teens without any of parents or their authorized person.

A minor in Ukraine is a person under 16.

WebMoney Ukraine renovated its work

WebMoney International payment system faced serious problem in Ukraine. The company local office was searched by the State Tax Service June, 11th. That caused UAH 60 mln. was blocked on WebMoney's accounts. 

Some news agencies, reffering to the company account on FB, announced WebMoney has started to fulfil its commitments. All the enqueries for June, 10-11th, are settled. At the same time, final completion of the restoration is still under question.    

Ukraine gets stuck on Euro-3

Ministry of coal industry and energy of Ukraine offered to leave fuel Euro-3 standard valid till the end of 2015. The Department recommended the Cabinet of Ministers to approve the technical regulations, indulging fuel quality conditions for the traders. Whereas Euro-3 standard has been cancelled in Europe for rather long time ago, the new document doesn't even outline possible term for Euro-5 standard  impementation in Ukraine. 

Is Ukraine about to simplify getting work permits for foreigners?

The Ukrainian Cabinet of Ministers has approved a new order of employment of foreigners and stateless persons. It aims to protect the internal employment market from non-qualified workforce, and to decrease the number of necessary permissions.

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