Posts

DuPont Opens Ukrainian Seed Facility to Meet HIgh Demand.

Image
DuPont Co . (DD), the largest U.S. chemical company by market value, is opening a seed plant in Ukraine tomorrow to meet increasing demand in the region that supplies corn and sunflower products. The facility, with a planned annual capacity of 500,000 units and the potential to expand, cost DuPont $41.5 million, Jeffrey D. Rowe, the regional director for DuPont Pioneer Europe, said in an interview in Kiev today. The central Ukrainian plant will process seeds from this year’s harvest mostly for sale to domestic customers in 2014, Rowe said. Some output may be shipped to Russia. “We feel that Ukraine is in a great position because of the location, the access to the Black Sea region, the ability to export, the ability to improve productivity on hectares that are in production right now and the ability to bring new hectares into production,” Rowe said. Ukraine is the world’s biggest supplier of sunflower seed oil and the fourth-biggest exporter of corn in the marketing year end

National Bank of Ukraine sets an upper limit on cash payments

On 6 June 2013, the Board of the National Bank of Ukraine adopted the Resolution on setting an upper limit on cash payments, which takes effect from 1 September 2013, the press office of the National Bank of Ukraine announced . In accordance with the requirements of the above Resolution, settlements in cash carried out between enterprises (entrepreneurs) within one business day shall be limited to UAH 10,000. Cash payments for goods (works and services) between a natural person and an enterprise (entrepreneur) shall not exceed UAH 150,000. In addition, cash payments of up to UAH 150,000 are permitted between natural persons under purchase and sales agreements subject to notarization. Natural persons are allowed to make payments exceeding UAH 150,000 by transferring funds from one current account to another one, depositing and/or transferring funds to current accounts, including notary's deposit account, or separate current account in national currency. The Board of the National

Another very good video from city of Kiev.

Another very good video from city of Kiev. Kiev - Capital city of Ukraine from Red Film Tv on Vimeo .

Dutch company Multi Development's first shopping centre in Ukraine under construction.

Image
On June 6, Dutch company Multi Development Ukraine LLC started the construction of the Forum Lviv shopping centre in the inner city of Lviv. It is Multi’s first shopping centre in Ukraine and it will be one of the most prestigious retail projects in the country. Multi is developing Forum Lviv together with two experienced Ukrainian real estate partners, Galereja Centre and Bud House Group. Forum Lviv covers an area of 69,000 m2 with retail, restaurants, entertainment, a cinema and an underground car park. The EBRD (European Bank for Reconstruction and Development) and UniCredit are responsible for financing the construction of the project. The opening of Forum Lviv is planned for the first quarter of 2015. Multi Corporation bv Ellen van der Feltz, Communication Manager T: +31 (0) 182 690 900 E: evdfeltz@multi-development.com Multi Development Ukraine LLC Arvid Krechting, Project Manager T: +38 044 220 06 70 E: akrechting@multi-development.com

Kiev puts up monument to Sweden Euro 2012 fans on the Trukhaniv Island.

Image
Kiev has unveiled an unusual monument paying tribute to the thousands of exuberant Swedish football fans who flooded into the city last year for the 2012 European championships hosted by Ukraine and Poland. Up to 25,000 Swedish supporters visited Kiev where their team played all of its three matches. They were the largest group of fans and generally left a favourable impression on locals, who are keen for them to return as tourists. City officials on Saturday unveiled the sculpture on the picturesque Trukhaniv Island in the Dniepr River where many Swedish fans camped out in tents. The sculpture is topped with Viking horns and depicts the number "12" in Sweden's national colours of blue and yellow. Fans are sometimes described as the "number 12" player in a team. Nevertheless some Swedish fans complained the figures also brought back bad memories of the first game of the championship when Sweden lost 1:2 to Ukraine. "I see the numbers. It i