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News Digest

1. The order of the Ministry of Justice approving new application forms in the field of state registration of legal entities, individual entrepreneurs, and public organizations entered into force in May. Changes have also been made to the Requirements for writing the name of a legal entity, its separate subdivision.

2. For the second month in a row, industrial enterprises expect an increase in their economic results against the background of improved logistics, and reduced production costs to restore energy supply and stabilize fuel prices. The sectoral index of expectations of business activity in April was 50.5 against 51.2 in March.

3. It is allowed to pay taxes with electronic money. In April, the relevant law entered into force. The document equates electronic money on digital media with bank accounts. However, during the period of martial law, the circulation of electronic money is limited, so the above regulations will come into effect after the lifting of martial law.

4. The government has approved the procedure for man-made and fire safety audits, which provides that the relevant inspection will be done on the order of a business. According to the document, the audit is conducted by organizations regardless of the form of ownership, which is entered in the relevant register defined by law.

5. Five Ukrainian startups took part in the “Mastercard Start Path Ukraine” program, which is designed to help companies grow. Among them, RemOnline is an all-in-one platform for small and medium-sized businesses that helps automate business processes, including order processing, sales, customer base management, warehouse accounting, finance, payroll and analytics.

6. The “Frop Wooden Corporation” company has completed another unique design project – the “UnderHill” hotel in Ivano-Frankivsk. To realize the wishes of the customer, special attention should be focused on metal structures, because they have become the “highlight” of the restaurant in this hotel. The scale of the work is 3,000 square meters. m.

7. About 75% of the 800 companies in 45 countries plan to implement artificial intelligence technologies within five years, causing up to 26 million job losses. Those in administrative and accounting positions, including cashiers, salespeople, data entry operators and bookkeepers, will be primarily laid off.

8. During LIGNA 2023, Vecoplan will present the updated biomass chopper VTH 450, which is used in wood chips in the energy, pellet and wood industry, biomass-fired CHP plants and boiler feed systems. The new design limits the penetration of dirt, and therefore the requirements for cleaning raw materials are significantly reduced.

9. The furniture company “VOX” offered buyers of its furniture an interesting service: if necessary (after repair, re-planning of the premises), you can contact the manufacturer to replace the furniture facades with others – in colour, shape, and size. This applies primarily to the facades of the most popular Simple series.

10. New summer offer of “IKEA” – interior accessories and furniture for the balcony. It includes six different series designed to encourage people to spend time outdoors and enjoy those moments as much as possible. Decorative lighting will help make the evenings spent on the balcony or terrace more romantic.

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