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    Ukrainian tax benefits for star hotels

    Hotel business in Ukraine is gradually recovering, helped by interest from international operators. However, its development is constrained by inexperience Ukrainian players. But, the factor of Euro 2012 and the government’s proposed tax incentives makes a difference for the better. So, we consider the legal norm:
      “Temporarily, for 10 years, starting from January 1, 2011 shall be exempt from income tax business entity received from the hotel services (group 55 CTEA DK 009:2005) hotels” five stars “,” four stars “and” three stars “, including the newly constructed or reconstructed, or in which major repairs or restoration of existing buildings and structures (provided that the income from the sale of accommodation services by providing room for a temporary stay of at least 50% of the total income of an economic for the relevant tax (reporting) period, which shall be discounted). “
     As a result, need to note the positive trend towards the promotion and development of the hotel industry:
    1) Profit hoteliers released on the condition that the hoteliers are really engaged in the provision of accommodation services, which is at least 50% of total revenues;
    2) The exemptions are granted, but only in respect of profits derived from the business entity of hotel services;
    3) With spending hoteliers use at their discretion, but within the 3-year period and to the purpose specified by law, aimed at the development of the hotel industry.

    Global rating of steel exporters-2011

    According to the UGMK.INFO rating, in 2011 the largest exporter in the world became China, while Japan has remained the leader in terms of “pure” export. Ukraine, retaining the 6th place in the top 10 exporters (and the third place in terms of surplus), almost caught up with Russia, which last year was noted by 16% of the fall in exports.
    In 2011, the position of the largest exporter of steel in the world came China (almost 49 million tons), beating the victim of the Fukushima tragedy in Japan (41 million tons). At the third position – the European Union, the external supply of which increased by 11%, to 36 million tons, at the 4th place with South Korea rose indicator 28.5 million tons (9% compared to 2010), on the 5th, respectively, fell in Russia, whose exports in 2011 fell by almost 5 million tons at the 6th position – Ukraine (24 million tons), in pursuit of which Turkey aspires ambitious which set a goal to reach 20 million standard steel export already in 2012
    Rating UGMK.INFO steel exporters-2011, million tons:
    №
    Countries
    2011
    2010
    % of change
    1
    China
    48,9
    42
    15%
    2
    Japan
    41,24
    43,4
    -5%
    3
    EU 27
    36
    32,7
    11%
    4
    South Korea
    28,48
    23,9
    9,3%
    5
    Russia
    24,4
    29
    -16%
    6
    Ukraine
    24,14
    23,8
    2%
    7
    Turkey
    15,54
    14,8
    5,3%
    8
    USA
    13,45
    12
    12%
    9
    Brasilia
    10,8
    8,9
    21%
    10
    Taiwan
    8,3
    9,8
    -16%
    According to ISSB, in 2011, the volume of world trade in metal products (including tubes) grew by 6.2% to 292 million tons in the 3rd quarter of last year from 71.9 million tons of global steel trade half (36 8 million tons) fell flat steel, long products sales totaled 14.7 million tons, semi – 11.9 million tons and pipes – 8.5 million tons
    Rating UGMK.INFO of leading net exporter of steel in 2011:
    №
    Countries
    Net export, million tons.
    1
    Japan
    33
    2
    China
    28,4
    3
    Ukraine
    22,3
    4
    Russia
    18,6
    5
    Brasilia
    7,2
    6
    Taiwan
    6,4
    7
    South Korea
    5,7
    8
    Turkey
    4,8
    9
    EU 27
    2
    CIS
    Russian steel exports in 2011, according to the Ministry of Economic Development of the Russian Federation, have declined by 16%, to 24.4 million tons, while imports increased by 21.5%, to 5.8 million tons. Thus, net exports declined to 18.6 million tons including, semi- finished goods deliveries abroad decreased by 19%, to 12.9 million tons of flat products – by 11%, to 8.6 million tons of long-16 , 5%, to 2.9 million tons.
    Imports to Russia rose by 21.5%, to 5.8 million tons including, flat products increased by 13% to 3.5 million tons of long – by 37%, to 2.3 million tons.
    Ukrainian metallurgical enterprises in 2011, increased exports of steel products by 2% to 24.14 million tons. When imports rose by 10% to 1.84 million tons, and a positive trade balance amounted to 22.34 million tons.
    Last year, Ukraine has reduced export semi-finished goods 5% to 10.81 million tons, including, billets – 13%, to 5.14 million tons, while the supply of slabs rose by 1.6% to 5.572 million tons.
    In 2011, Ukrainian steelmakers have reduced exports of long products by 0.1%, to 5.77 million tons, including exports valves – by 7% to 2.25 million tons, rods – 4, 6% to 1.7 million tons of flat steel deliveries last year rose 15% to 7.56 million tons, including an increase in exports of the c / c rolled by 15% to 6.52 million tons, c/k rolled steel products – by 11%, to 0.9 million tons.
    According to ISSB, the 3rd largest exporter in the CIS remained Kazakhstan, external supply of which in 2011 decreased by 11%, to 2.5 million tons of steel exports from Belarus increased by 6% to 1.8 million tons.

    Ukraine increases imports of waste paper

    In 2011, imports of waste paper and cardboard (scrap) according to the State Customs Service of Ukraine increased by 25% relative to the previous year. Ukrainian enterprises imported 267,873 tons of waste paper totaling nearly $ 70 million in 2011. And the export of waste paper was only 2843 tons with worth about 0.5 million dollars.
    Ukraineb2b waste+paper
    In 2010 Ukrainian enterprises imported 214,813 tons of scrap worth about $ 45 million.
    The average price of imported waste paper and cardboard in 2011 was $ 260 per ton, while in 2010 was about 211 dollars per ton.
    The main supplier of paper for Ukrainian enterprises still remains Russia. 85% of all imported waste paper in 2011, it received from the Russian Federation. Other major suppliers of waste paper for Ukraine are Hungary, Moldova, Poland and Slovakia.

    Ukraine’s Solar Energy Sector

    The geography of Ukraine shows a great potential for the solar energy market development, thus the potential of solar energy in Ukraine is high enough for the wide application of solar equipment (please, see Appendix I and Appendix II). The incidence of solar radiation increases from northwest (1070 kW/m2) to southeast (1440 kW/m2) with the highest potential on the Crimean peninsula. The time period for the efficient usage of solar collectors in the southern regions of Ukraine is 7 months (from April to October), in the northern regions  ‐ 5 months (from May to September). Photovoltaic equipment can operate effectively during the year. Currently solar collectors for water heating are widely implemented in the southern part of Ukraine and their volume is growing.
    solar energy Ukraine According to National Agency for Energy Saving and Energy Efficiency (former NAER) the solar potential of Ukraine is much higher than that of Germany and it is technically possible that the share of solar energy will reach 10% of Ukraine’s energy balance till 2030. Despite the fact that the equipment for generation of solar energy is still quite expensive, the world experiences a trend of decreasing production costs of such equipment.
     CURRENT STATUS
    According to EBRD, Ukraine appears to be ready to become a leader in Europe’s clean energy economy soon, especially with regard to the solar energy market which seems to be one of the most perspective markets of the renewable energy. Currently, Ukraine became a host for the biggest solar‐ power plant in Europe and it is projected that solar energy market of Ukraine will grow by 90% annually until 2015. Ukraine has all the prerequisites for the successful development of the solar energy market: high indicator of DNI (Direct Normal Irradiance), high feed‐in “green” tariff, possibility to use JI under the Kyoto Protocol for solar power projects and favorable tax exemption provisions. Additionally, Ukrainian energy strategy aims to grow up to 20% of energy from renewable sources by 2020 and Ukrainian feed‐in tariff for alternative energy is nearly twice as of some G8 members.
    The introduction of “green” tariff became a powerful stimulus to the development of industrial photovoltaic generation in Ukraine. Solar energy production chain is between players: monosilikon manufacturers, polysilikon manufacturers and producers of ingots, wafers, solar cells, modules.
    FUNDING FOR PV PLANTS
     The commissioning of photovoltaic facilities in Ukraine is mainly funded by private investment. In addition, there are opportunities to raise international funds. At the end of 2010 a program of the European Bank for Reconstruction and Development called USELF (Ukraine Sustainable Energy Lending Facility) was launched in the country. The program is aimed at facilitating the implementation of projects with the use of renewable energy sources in Ukraine. The program volume is EUR 50 million, which is sufficient to co‐finance the construction of stations with a total capacity of 10–15 MW. Although this amount is not enough to have a global impact on the industry, the initiative of EBRD has an important symbolic nature.
    Small projects can also count on support in the amount of EUR50–350 thousand from the NEFCO (Nordic Environment Finance Corporation). In contrast to the industrial segment, the segment of small and medium‐sized installations in Ukraine develops less actively. The combined stock of such solar stations in the country is estimated at 1100 units with a total capacity of 1.1‐ 1.2 MW. Ukraine puts into operation 50‐100 kW of capacity every year, 80% of them being commercial installations. Low level of private and commercial generation development is explained by the impossibility for individuals to obtain a green tariff, as well as by economical inexpediency of small projects with a capacity of 30 kW amid low prices for centrally supplied power. Moreover, the process of obtaining permits for green tariff is completely identical for investors of commercial and industrial stations. 

    Ukraine: prices on the export market of crude sunflower oil down

    According to data of APK-Inform Agency, the prices on the Ukrainian export market of crude sunflower oil with FOB delivery basis started decreasing. The trend was mainly caused by the range of macroeconomic factors. Besides, a gradual increase of the number of offers from the major countries-producers of crude sunflower oil provides the significant influence on formation of the prices.
    Thus, the offers to purchase of Ukrainian sunflower oil on FOB terms arrive the prices of 1215 USD/t (delivery in October-November). In turn, the Ukrainian trading companies announced the offer prices not below 1230 USD/t FOB.
    As a reminder, at the end of the previous week, the purchasing prices for sunflower oil of Ukrainian origin were announced within the range of 1225-1230 USD/t FOB.

    The Ukrainian market of alternative energy – one of the most attractive in the world

    alternativnaya energetika
    The Ukrainian market of alternative energy sources is recognized as one of the most attractive in the world.
    The main development of alternative energy is because of private investment, but it is necessary to be developed a range of incentives with the green tariff, certain preferences, privileges on the land tax, and others. Today, investors are going to deal with the development of alternative energy sources by themselves. In Ukraine was created a green tariff which is why this industry is very attractive. Considering that in Europe, already-competitive market and the company’s push each other’s elbows, and then look for new markets. At the end of last year, the Ukrainian market of alternative energy was one of the most attractive in the ranking of the young one and those who grow. Many companies want to work in Ukraine and came here with real money. There are more different foreign investor companies are working in the field of wind and solar energy.
    In Ukraine, there are places where the sun is good, and they should be used to produce this kind of energy, since there are no opportunities to develop marketable projects in the field of wind energy.
    And there are the opposite – more wind, and others places unsuitable for both, but it is possible to build a biomass power plant for a scrap of wood. Now we have a lot of land, which is not suitable for agricultural activities.
    Also Ukraine has a tremendous potential for construction solar power on the. Therefore, if there is no land, solar power can be developed on the roofs and green tariff because of it is extremely attractive.

    What is holding back the development of the biomass market in Ukraine?


    biomass Ukraine

    Major constraints wide implementation of power generation from solid biomass is the high cost of equipment, the lack of biomass fuel market, the lack of affordable credit system, the complexity of the sale of heat and little practical experience in conducting such activities in Ukraine.

    Biomass and waste are 76.6% of world production of renewable energy. The volume of production of solid biomass is 71.7%, liquid biofuels  – 3%, biogas – 1%, TBT org. – 0.9%. While the production of energy from wind – 1.2%, hydropower – 17.7%, solar energy – 0.8% and geothermal energy – 3.7%.
    “There was a trend of market development of biomass in Ukraine – said George Geletukha, director of SEC” Biomass “-” the country is already running a “green” tariff for solid biomass and it is valid until 2030 two companies’ Kirovogradoliya “and” Smelaenergopromtrans “received “green” tariff. There is significant potential of solid biomass available for energy use. “
    The expert stressed that the cost of natural gas is growing, making economically attractive to use expensive biofuels   – pellets and briquettes. The main difficulties associated with the implementation of the projects organizational activities, not technical. Lack of government support, the practical experience of the construction and operation of a biomass thermoelectric plant, and the absence of domestic biofuels market and credit availability hinders the development of this field.
    “These difficulties are surmountable, and the availability of existing incentives makes the implementation of power generation projects economically attractive,” – said Giorgi Geletukha.

    The largest bakery in Ukraine will be launched in July

    images

                     In July 2012 Ukraine’s largest bakery capacity of 250 tons per day, located in the village Krushinka, Kiev region, will be put into operation and will launch products .

                     In the range of products the largest bread-baking plant will include a variety of bakery and confectionery products. Along with the opening of the largest bakery trade will build a network of 300 stores, and the total number of staff will be up to seven thousand people.
             Market bakery products: competition
                With the advent of powerful new competitor in the bread market in a metropolitan area his balance, and so shaken after starting in the village Petrivtsi Ltd. “The First Metropolitan Bakery”, owned by holding “Grain Investments,” will clearly be violated.
    In the most disadvantaged was Vasilkovsky Bakery, part of the holding “Kyivkhlib” as a bakery in the village of buckthorn will be able to meet the demand for bread of Vasilkovskaja area, which could lead to a reduction in output at Vasilkovskiy bakery, and some of its equipment may be transferred to other plants holding.
                 Investor company is Vladimir Misikov owner plant “Kulinichi,” one of the leading manufacturers of bread in Kharkov and complex “Kulinichy” in Poltava. According to preliminary data of investment in the project amounted to 45 million U.S. dollars.
               The structure of the grain market in Ukraine
                  Note that in the past year and a half structure of the grain market of Ukraine  – is still one of the most stable in the country – has changed significantly. Clear separation of the regional players, which was characteristic of the market for many years, no longer exists, and a series of mergers and acquisitions has made ​​adjustments to the rating of the largest producers. The author of the majority of transactions in the grain market was the company Lauffer (holding “Harvest”). Sold part of its asset holding “Tees” are assets of bread sells Arsen Avakov.

                     Despite all these changes ambiguous, we note the piece of news is clearly positive character for all owners of the meat business, the purchase and delivery of imported equipment will now be cheaper. In Ukraine, came into effect on the decision of the Cabinet of Ministers № 392 of April 11, 2012 on the introduction of equipment for the bakery industry in the list of energy-saving materials, equipment and components that are exempted from import duties and import operations for which the customs territory of Ukraine are exempt from VAT.

    2012 is a Year of the Ukrainian organic market

    251394How to invest in organic market in Ukraine? Leave an inquiry on [email protected]  
    Experts predict that in 2012 to the Ukrainian market of organic products will come major players and big capital.

    Small shops of eco-products and farmers, who sell through the Internet products of their labor, soon will feel strong competition.
    In the perspective of the domestic organic market believed large investors. The growth of enviromental awareness, not only in the West, but also in ukraine in 2012 will be even more obvious. In addition, organic products are perceived as better.
    If in 2008 the market volume of organic matter was estimated at $ 660 thousand, today it is $ 4-5 million a number of manufacturers of such products during this period increased from 92 to 142.
    In March of this year, one of the largest Ukrainian agricultural companies – “Argo Dakor Holding” has announced its intention to grow organic crops, the price of which in Europe is for 40% higher than the usual wheat. This holding company plans to deliver products just in the EU countries. The market attracts investor’s profitability of organic matter in 40% and in high demand both domestically and in foreign markets. Large-scale investments inhibit only the absence of legislation.
    Expensive health
    Today, the organic market accounts for only 1% of products sold in Ukraine. In Europe, organic products occupy 6-7% of the market. The demand for organic products by consumers is growing rapidly: today it is much greater than the supply.
    “People began to think more about their health. They were disappointed in the products that can be purchased in supermarkets, and are looking to buy quality food, “- says the chairman of the Association of Producers of organic products of Ukraine Basil Pindus.
    Organics, usually bought by people wealthy and middle class: the price of these products is 50-80% higher than their inorganic counterparts. Experts explain the difference in price that producers of eco-products don’t use chemicals and fertilizers, so the yield of organic crops is lower than conventional plants. Expensive are also non-mechanical prossecing and storage products. The price may lay and other costs, like promotion of goods and insurance of non implementing. 
    If earlier the major problem for producers of organic products was distribution then more recently, these products are actively interested by supermarkets.
    “There are no specialty stores that would offer only organic products – says Pindus. – This can be explained by the fact that there are little of such products. Therefore, on the shelves with organic products you can find its conventional counterparts. Pindus said that specialty stores can appear very soon. Prerequisite for this is enough: growing demand from customers and interest of this business segment will contribute to further growth of the market.
    How to invest in organic market in Ukraine? Leave an inquiry on [email protected] 

    Ukraine is the leader in the CIS on the use of stem cells

    Ukraine is the leader among the CIS countries in the legitimate use of stem cells in clinical practice.

    As reported by the press conference in UNIAN – Ukrainian scientists – Biotechnology – Ukraine became the first country in the CIS, where stem cell therapies have received state registration in 2012, the Ministry of Health officially approved method of stem cell treatment of serious diseases such as panktreonekroz, critical limb ischemia , as well as injuries and burns.
    stem cells Ukraine

    Director of the Coordination Center of organ transplant, tissues and cells the Ministry of Health Ruslan Salyutin stressed that Ukraine has the right to declare the promise of clinical use of cell-tissue grafts, and this allows the current national regulatory framework.

    “Today, from all countries of the former Soviet Union in Ukraine, there is a complete legal framework, which allows for clinical trials with stem cells. On the basis of the legal framework and the relevant permits in 2008 began the first phase of clinical trials, which were held in well-known scientific and medical centers – the Institute of Reconstructive and trauma surgery im.Gusaka, Institute im.Shalimova, National Academy of Postgraduate Education im.Shupika. A series of clinical trials could not have been possible without the participation of the Institute of Cellular Technology “, – said R.Salyutin.

    According to the director of the Institute of Urgent and Reconstructive Surgery im.Gusaka Vladislav Green. The idea of ​​using stem cells to treat burns and their effects, arose 15 years ago in medical facility, which Vladislav Green heads.

    “Then in the Donbass was the large number of accidents in the mines and other industrial enterprises, when our burn center were many patients with critical burns. There were nothing to close burns. Then I got the idea to use the latest biotechnology and grow from them a kind of skin. In 2003, we opened the laboratory of cell tissue cultivation, unique to this day. Now we have treated hundreds of patients burned, hundreds of lives saved. But we have seen that the ability of the laboratory extend far beyond burns. Therefore, we began to apply biotechnology in patients with severe trauma, fracture nonunion, false, false joints, then in cardiology, neurology, diseases of the gastrointestinal tract, liver cirrhosis, “- said V.Grin.

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