The signing of the Free Trade Agreement between Ukraine and Israel

Exposure of Ukrainian design in the heart of Paris!

Investing Horizon Capital in the amount of 200 million dollars in Ukraine!

World and Ukrainian news last week worthy of attention!

Therefore, we read more:

1. January 21, 2019 is already called a historical day in relations between Ukraine and Israel. On this day, the Free Trade Agreement between these countries was signed. The Ministry of Economic Development has calculated that the result of the signing of the agreement will increase Ukrainian exports to Israel and improve the trade balance of Ukraine with Israel.

What result will Ukrainian furniture makers get from the deal? In February, the first business tour of Israel furniture companies in Ukraine will take place. 11 Israel companies, more than 200 planned B2B  meetings with Ukrainian furniture companies.

2. At the exhibition Maison & Objet-2019, which was held in January 18-22 in the suburbs of Paris, an object design from the Ukrainian studio Sergey Makhno Architects was selected for the permanent exhibition in the Paris gallery Mettlesome Design. The exhibition space housed the Elephant chair and two Khmara lamps from the UKRSAVANA collection. The authors of the exhibits: studio founder Sergey Makhno, chief architect Ilya Tovstonog and head of the subject department Igor Gavrilenko.
3. The press service of the National Investment Council reports that Horizon Kapital is going to invest $ 200 million in Ukrainian export-oriented companies. “The fund aims to support export-oriented Ukrainian companies operating primarily in the field of IT, as well as agriculture, light industry and food production,” the press service said. It is also reported that the amount of investment for each individual company will be 5-20 million dollars, which will be invested in the next 2-3 years.
4. Ukrainian apartments in 2018 went up. According to statistics from the State Service, compared with 2017, prices in the primary market for housing in Ukraine increased by 5.4%, in the secondary – by 5%. It is reported that the average cost of construction of residential real estate in the regions of Ukraine is 11-12 thousand UAH per m². The most expensive apartments – in Kiev, cheap – in the Kirovograd region.
5. The General Director of the Group of Financial Solutions Group tells about what to prepare for Ukrainian business in 2019 and gives advice on behavior in a predictable environment:

– The expected next tranche of the IMF. We still need to rely on our own strength, and not be on the constant maintenance of anyone. In business, you come to this through the definition of clear strategies, optimization of business processes, and, as a consequence, the gradual abandonment of lending and external financial injections. It is important to conduct financial diagnostics of the business in order to understand what risks exist, how to prevent them and strengthen the financial balance of the company.

– According to experts, even a 10% decline in prices for the main export products – metal, grain, can lead to a fall by 3% of Ukrainian GDP. In such cases, it is worth thinking about the diversification of business and the search for new sources of income, to calculate the prospects in advance.

– We could have developed infrastructure and logistics for a long time. We have long been able to switch to energy efficient technologies and get rid of gas dependence. We have lagged behind the world for many years and we need to make up for it. And you need to start with yourself – with a view of personal and business strategies, optimization of business processes, the organization of new jobs and decent remuneration of young people, leaving the country in masse.

Follow our digest every Monday!