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On April 22, 2021 CUCC in cooperation with US-Ukraine Business Council (USUBC) hosted a webinar “Development of Extractive Industries in Ukraine”. More information about the event, including a recording you may find here.
An event gained a big audience and as a response to numerous requests, we are posting the presentations of the event speakers:
1. Presentation by Sergiy Tsivkach, Executive Director of UkraineInvest
The Canadian-Ukrainian Chamber of Commerce (CUCC) continues to closely monitor developments surrounding a lawsuit in which the Canadian renewable energy investor TIU Canada is defending its rights against the Nikopol Ferroalloy Plant in connection with the illegal shutdown of its Nikopol solar power plant from the power grid.
The company, also a member of CUCC, appealed the initial decision of the Commercial Court of Kyiv. The first hearing in the appeal process was supposed to take place on April 12, 2021, but was postponed due to the judge’s illness and a reported bomb threat towards the Northern Commercial Court of Appeal in Kyiv. The next meeting is scheduled for May 17, 2021, at 11.40 AM. According to TIU Canada, they are fully committed to asserting their rights, including with the Supreme Court of Ukraine.
As the largest Ukrainian Canadian business association, we cannot stand aside and express our hopes that the rule of law will prevail in this matter. What is also important is the continued public discourse this situation has gained abroad, especially in Canada, where high-ranking politicians have published direct statements on the matter. This continued attention may cause further negative impacts on Ukraine’s investment image and exacerbate the tendency to reduce foreign investment due to further negative signals regarding the investment climate.
We call on the Government of Ukraine to bring further attention to this case, promote equal conditions for doing business for all stakeholders in compliance with the norms and provisions set forth in the legislation of Ukraine. We also call on the Government of Ukraine to adhere to their own prior public statements on foreign investment protection.
April 22, 2021, marked an unprecedented online discussion of 2021 development opportunities for Ukraine’s extractive industries sector between UkraineInvest, State Geologic and Subsoil Survey of Ukraine and State Property Fund of Ukraine and mining business representatives and investors.
The discussion was opened by Zenon Potoczny, President, Canada-Ukraine Chamber of Commerce (CUCC) and Morgan Williams, President/CEO, U.S.-Ukraine Business Council (USUBC) and moderated by Morgan Williams and Emma Turos, Managing Director for Ukraine, CUCC.
The event was attended by over 300 participants representing the North American and global investment community.
Sergiy Tsivkach, UkraineInvest’s Executive Director, made a presentation on the role and activities of UkraineInvest as an investment promotion agency and the institution designated to provide support for investment in Ukraine, as well as on investment climate improvements, recent regulatory developments, and work in the regions in various fields.
Roman Opimakh, Director General of the State Geological and Subsoil Survey of Ukraine presented investment opportunities in the subsoil sector of Ukraine and Taras Yeleyko, Deputy Head of the State Property Fund of Ukraine, made the presentation on state property privatization objects in Ukraine’s extractive industries sector.
The presentations were followed by a lively and candid discussion with the participation of three companies who already invested in operations in Ukraine and are at various stages of their projects. The business community noted the progress which Ukraine has made recently in oil & gas upstream, mining and other areas and confirmed interest in further exploring investment opportunities which Ukraine has to offer.
The top management of the state agencies and the business community agreed to continue discussion of and cooperation in resolving various issues which are important for international and domestic businesses alike to further improve Ukraine’s attractiveness for investment.
The recording of the event is available at USUBC’s YouTube channel: https://www.youtube.com/watch?v=Pv2fd5fvFKg
We would like to share with you the presentation of the Kherson region of Ukraine that was shared with the CUCC during the International Council of Business Associations and Chambers (ICBAC) where our Managing Director-Ukraine Emma Turos is currently serving as a General Secretary.
Should you have any questions regarding the presentation or would like to contact Kherson region investment office, please contact our team at info@cucc.ca
Our friends at Mills&Mills LLP and InterJurisconsult are hosting an Expanding business to Canada Program on April 28, 2021.
Participants will be able to learn key questions and concerns regarding legal issues of starting and doing business in Canada delivered by three experienced lawyers:
Taras Kulish, business lawyer
Sabina Mexis, tax lawyer
Joseph Milevich, immigration lawyer
Q&A session will follow each presentation.
To get your ticket go to https://www.eventbrite.ca/e/expanding-business-to-canada-tickets-134801285273?aff=erelexpmlt
Members of CUCC in Canada and Ukraine enjoy a special discount to participate in the event.
Contact us at info@cucc.ca or ukraine@cucc.ca to get a code.
Please join the panel discussion Prospects for the economic development of relations between Ukraine andCanada to take place on Thursday, April 15, 2021 at 10 AM ET (5 PM EET)
Conducted by the think tank Adastra in cooperation with the CUCC.
Invited Speakers are:
– Andrew Rasiulis (CGAI Fellow)
– Diane Francis (Editor-at-Large, National Post)
– Larisa Galadza (Ambassador, Embassy of Canada to Ukraine)
– Robert Cutler (CGAI Fellow)
– Matt Simpson (CEO, Black Iron)
– Zenon Potoczny (President of the CUCC)
N-iX, a leading software development provider, announced today that it has achieved Amazon Web Services Advanced Consulting Partner status in the AWS Partner Network (APN). It is the second-highest tier for AWS Consulting Partners, and N-iX has become one of only 9 Ukraine-based companies that obtained this accreditation. Also, out of over 9,000 AWS partners worldwide, only 13% have been able to receive the Advanced or Premier Consulting tier.
“N-iX partnered with AWS early in 2020 and has since solidified its position in AWS Partner Network, moving up several tiers in just one year. During this time, we have invested a lot into presenting our work to AWS, validating the quality of services, providing training, and motivating our engineers to get certified. Having all this recognized by AWS and reaching the important milestone of Advanced Tier demonstrates our ongoing commitment to delivering business value and driving customer success together with AWS,” comments Orest Furhala, Head of Partnerships at N-iX.
To reach the AWS Advanced Consulting Partner status, companies have to undergo a rigorous approval process and demonstrate extensive technological expertise, proven customer success within the AWS ecosystem as well as training and certification of the company’s specialists. This accreditation allows N-iX to work more closely with AWS, ensuring the company continues to develop its expertise and deliver high-quality AWS solutions.
“N-iX is honoured to be recognized by AWS as an Advanced Consulting Partner,” said Nazariy Zhovtanetskyy, Chief Strategy Officer at N-iX. “This achievement reflects the experience and value our experts bring for each of our customers. A lot of our partners, including Gogo, Currencycloud, Lebara, TuneIn, and others have already enjoyed the benefits of AWS, such as reduced costs, increased security, better flexibility, faster time to market, to name a few. So, we are determined to grow further our cloud expertise to help our clients drive maximum value from their cloud investments.”
On March 10th Ukraine at MIPIM will host the first online meeting on the growing role of alternative, responsible, and impact investments in a post-COVID future involving international real estate players
As part of the preparation for MIPIM, the international property investment exhibition taking place annually in Cannes, Ukrainian representatives will host the first online meeting on March 10th. The main topic of the event is the growing role of alternative and responsible investments.
The online discussion aimed to answer the following questions:
Which asset classes are in the focus of investors after the pandemic?
What are the investment moods in the world — challenges, opportunities, transformation for the countries and cities?
What is the role of responsible investments in real estate today?
How will projects, cities, and countries compete for investors?
Speakers:
Mathieu de Bruin, Managing Partner at Portico Investments (Netherlands)
Aida Feriz, Executive Director at Wimmer Family Office (Great Britain)
Yuriy Fyliuk, CEO at Promprylad.Renovation (Ukraine)
Wolfgang Gomernik, CEO at DELTA Ukraine (Ukraine/Austria)
Moderators:
Yuriy Kryvosheya, President and Managing Director at Toronto-Kyiv
Anna Nestulia, Principal at Invest in Projects | STRIX.
