BizLinks, Issue 14 - JULY 22, 2008. If you have trouble viewing this newsletter, please click here
USUF BizLinks
IN THIS ISSUE
NEWS
Ukraine's first Boeing 737-300SF freighter takes to the skies
July 9, 2008


UPCOMING EVENTS
U.S.-Ukraine Business Council Meeting With the U.S. Economic Counselor
July 29, 2008
Washington, D.C.


EMPLOYMENT
Western NIS Enterprise Fund Openings


REPORTS & PUBLICATIONS
New Report - Booming Ukraine Banking Sector



TOOLS AND RESOURCES

Item of the month

Doing Business in Ukraine

Discover and Travel Ukraine

Summer Work Travel Program

Photo Gallery of Ukraine

Summer Work Travel Program

NEWS

UKRAINE'S FIRST BOEING 737-300SF FREIGHTER TAKES TO THE SKIES

UIA, Kyiv, Ukraine, Jul 9, 2008

On July 9, 2008 the first Boeing 737-300SF freighter aircraft of Ukraine International Airlines operated Kiev-Vienna-Kiev commercial flight.

UIA is the first airline in Ukraine expanding its fleet with Boeing 737-300SF freighter, leased from GE Comercial Aviation Services (GECAS). This aircraft is the freighter version of one of the best-selling and popular commercial passenger aircraft in the world today. Such aircraft in UIA’s fleet increases capabilities for a wider range of the airline’s freight services.

Click here to read full article

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AVERION OPENS OFFICE IN UKRAINE
Southborough, Mass., Jul 16, 2008

Averion International Corp. (OTC BB: AVRO), an international clinical research organization (CRO) specializing in oncology, cardiovascular diseases and medical devices, today announced it has strengthened its European operations by opening of an office in the Ukraine.

“With our expansion into the Ukraine, Averion is continuing our growth strategy to provide our clients with international clinical trials services,” said Markus H. Weissbach, MD, PhD Averion International’s Chief Executive Officer. “The Ukraine offers access to large patient populations, motivated investigators and a multitude of medical universities/academic institutions, all of which are critical to the successful conduct of international trials for Averion’s clients. We are currently working on several oncology and cardiology studies in the Ukraine and intend to further expand the operations in the coming months.”

Click here to read full article

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SIEMENS RECEIVES THREE-DIGIT MILLION-EURO CONTRACT
FOR SUPPLY OF MINIMILL TO UKRAINE

Linz, Austria, July 16, 2008

Siemens VAI Metals Technologies received an order from the Ukrainian-based scrap trader Euro Finance Ltd. for the supply of a minimill at a new production facility in Byelaya Tserkov near Kiev. The project includes an electric arc furnace (EAF), a ladle furnace, a billet caster, a long-product rolling mill in addition to auxiliary facilities. The minimill will boast a production capacity of 1.8 million tons per year and is scheduled to go into operation in mid-2011. This investment will enable the company to expand its production and marketing activities for high-quality billets and long products.

Click here to read full article

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SOFTSERV, INC. CELEBRATES ITS 15TH ANNIVERSARY
AS A LEADER IN SOFTWARE DEVELOPMENT

Lviv, Ukraine, Jul 14, 2008

SoftServe, Inc., a leading multinational software development and consulting company, announced that it is celebrating its fifteenth year providing top-notch offshore development services that consistently bring tangible business value to the customers worldwide.

Click here to read full article

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ING RECEIVES APPROVAL TO START LIFE INSURANCE IN UKRAINE
Amsterdam, 9 July 2008

ING announced today that is has received approval from the relevant authorities to start life insurance operations in the Ukraine. This will allow ING to enter the fast growing life insurance market in a country with over 46 million inhabitants and a rapidly growing middle class. ING considers Ukraine to be an attractive emerging market, with strong growth indicators and a huge potential.

Click here to read full article

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BUSINESS EVENTS

U.S.-Ukraine Business Council
Meeting With Edward Kaska, New Economic Counselor, U.S. Embassy, Kyiv

The luncheon will provide an opportunity to meet Ed Kaska and discuss with him the economic and business scene in Ukraine just before he heads off to Kyiv.

RSVP required to Morgan Williams at: mwilliams@usubc.org

WHEN:
Tuesday, July 29th, 2008
12 Noon to 1:30 p.m.

WHERE:
U.S.-Ukraine Business Council
1701 K. Street, Suite 903
Washington, D.C.

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IV International Specialized Exhibition  «EXPO BUSINESS-2008»
August 20-23, 2008
Kyiv, National complex «Expocenter of Ukraine», Ukraine

In the framework of the exhibition: conferences, seminars, “round-table” discussions, business meetings, competitions, master-classes, presentations, and also rewarding of the best companies and exhibition organizers.

For more information visit: www.expocenter.com.ua

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Ukraine - UGOL & Mining 2008 (Mining)
September 5-9, 2008
Donetsk, Ukraine

The International specialized exhibition “UGOL/MINING” is the largest coal-mining forum in Ukraine. It has been held at “EXPODONBASS” since 1983 together with the exhibition company “Messe Duesseldorf” (Germany). The exhibition substantially influences the process of the development of coalmining industry and is an ideal platform to present foreign companies in the Ukrainian market.
Participation applications are taken till the 5th of August, 2008.
Foreign participants are welcome to address to:
Tel/Fax: +38 (062) 381-23-63; E-mail: fair@expodon.dn.ua - Peter Degtyar
Tel/Fax: +38 (062) 381-21-21; E-mail: buhtiarova@expodon.dn.ua - Tatyana Buhtiarova

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PR Days in Ukraine 2008 
September 26-7, 2008
Kyiv, Ukraine

This summit is being holding in international format with the participation of PR-specialists from world leading countries. It gives excellent opportunity for PR-specialists to make themselves familiar with modern progress trends.
Organized by: Agency 'Bohush Communications'

Website: http://www.prdays.com.ua

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Infrastructure Investment & PPP Finance in Ukraine 2008
September 30 – October 1, 2008
Kyiv, Ukraine

5th Pan-European PPP Forum focusing this year on Ukraine, the Caucasus and the CIS Markets:
     

  • PPP − roadmap to success for Infrastructure finance
  • Improving legal framework
  • Making PPP Projects bankable
  • Project finance − prerequisites for a PPP debt market
  • Regional co-operation on regulatory standards
  • Investment opportunities and current projects
  • Learning from the best practices in PPP

Website: http://www.euroconvention.com/2752-kiev-introduction.htm

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International Water Forum 'AQUA Ukraine - 2008
October 7-10, 2008
Kyiv, Ukraine
 
IV International Water Forum 'AQUA Ukraine' is the attraction to the decision of problems existing in water management and water resources protection of Ukraine, showing high technologies and equipment for resource-saving, water preparation, water supply, water removal and water treatment. Companies providing goods and services related to irrigation, drainage and water resources; water management; operation and maintenance; and environmental issues are invited to exhibit.
 
For more information visit: http://www.biztradeshows.com/trade-events/aqua-ukraine.html

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Climate Change & Business
October 21-22, 2008
Kyiv, Ukraine

For the fourth consecutive year Point Carbon hosts Climate Change and Business 2008 Conference in Kiev, Ukraine, which gathers annually over 300 participants from 25 countries.

Among them: project developers and owners, representatives of the Ukrainian and foreign governments, carbon unit buyers, technology providers, scientific institutions, as well as international organizations. The event will provide an overview of the developments and trends in the Eastern Europe carbon markets.

For more information visit: http://www.pointcarbon.com/events/climatechange08/1.937350

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World Food Ukraine
October 28-31, 2008
Kyiv, Ukraine

World Food Ukraine 2008 is the country's premier food industry event and provides the right environment for suppliers to meet and do business with many influential professionals in Ukraine's food and drink sector.

For more information visit: http://www.worldfood.com.ua/en/exhibition/

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EMPLOYMENT

Investment Manager of Western NIS Enterprise Fund (WNISEF), Emerging Europe Growth Fund (EEGF) and Emerging Europe Growth Fund II (EEGF II) Due to our business growth, we have the following openings available now:

JUNIOR ACCOUNTANT (2 entry level positions)
Based in Kyiv, Ukraine

THE MAIN REQUIREMENTS ARE:
- Good command of oral and written English, Ukrainian
- Computer skills in MS Office, Excel is a must, Knowledge of 1C, online banking programs is a plus
- An optimistic, multi-task and service oriented attitude

RESPONSIBILITIES:
- Extensive invoice processing and preparation of online transactions
- Maintaining general finance, vendor and bank files
- Petty cash control and transactions
- Dealing with foreign banks regularly
- Data entry and administrative responsibilities

WE OFFER:
- Challenging work in a Western environment
- Competitive remuneration and benefits package
- Professional development

OPENING DATE: IMMEDIATE
Qualified candidates are invited to submit a resume to
tbega@horizoncapital.com.ua or hr@horizoncapital.com.ua with the position title in the subject line of the message.

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REDI Capital, Ukraine, a foreign investment company working in the area of real estate investments and development, is looking for

International Tax & Legal Counsel
(international law, off-shore taxation, investments, M&A)

Business Analyst (Real Estate)

PR & Communications Manager
(corporate PR, PR of investment/real estate projects)

Translator (Construction & Real Estate)

Excellent knowledge of English is a must for all above vacancies.
We offer a competitive salary, a full social package and an opportunity of career growth.

Please send your CVs to skuratovska@redicapital.com. www.redicapital.com

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Marketing - Associate Brand Manager
PG, UKRAINE

Career in Marketing in P&G usually starts with position of Junior Brand Manager. During the first 12-18 months of your career, some responsibilities will include marketing plan development to identify specific marketing tactics that build on consumer and customer insights to deliver overall business objectives and strategies. You will also be using your skills to analyze the business, in addition to financial, competitive and research analysis, and research planning.

Beyond that, additional responsibilities will include:
(1) Developing Plans and Strategies (forecasting, strategy/concept/packaging development and product/marketing qualification);
(2) Advertising (strategy/creative brief development, copy evaluation, copy clearance, commercial production and media planning);
(3) Promotion (promotion/pricing planning and strategy and promotion/pricing execution);
(4) Consumer/Customer Training (consumer decision-making, customer operations, customer decision making and market segmentation);
(5) Complex Business and Financial Analysis;

Qualifications:

Higher education
Strong leadership skills in envisioning, direction setting and enrolling others
Good thinking/problem solving skills
Creativity, innovation and priority setting
Good communication skills
Fluent English
Ability to travel a lot based on business needs
Apply online: www.pg.com.ua

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REPORTS AND PUBLICATIONS

New Report - Booming Ukraine Banking Sector

Research and Markets has announced the addition of the "Booming Ukraine Banking Sector" report to their offering. The market research report, "Booming Ukraine Banking Sector," is an analytical study of the thriving banking industry of the southeastern European country, Ukraine. It evaluates the products and services provided by the Ukraine banking industry. It will help clients to dissect the leading-edge opportunities critical to the success of the banking industry and help investors, financial service providers and global banking players to navigate through the market.

Click here to read full report

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Ukraine Pharmaceuticals and Healthcare Report

The Ukraine Pharmaceuticals and Healthcare Report provides independent forecasts and competitive intelligence on Ukraine’s pharmaceuticals and healthcare industry.

BMI forecasts that Ukraine’s pharmaceutical market will grow by 12% in 2008, following 22% growth recorded in 2007. Our updated five-year forecast for the period 2007 to 2012 envisions an annual average growth rate of 8.7% reaching a total value of US$3.65bn, reflecting slowing growth towards the end of the forecast period. Much depends on the Ukrainian government’s ability to deliver on promises to introduce major healthcare reform and a level of universal coverage. If successful, the market could see strong double-digit rates through the forecast period. But BMI remains deeply sceptical about the central government’s ability to deliver reform.

Click here to read full report

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Bulletin 'Leasing in Ukraine' №1, 2008

The first 2008 issue of the journal "Leasing in Ukraine" has been published.

Contents:
Ukraine: economic review.
Potential Lessees for agricultural equipment.
How to issue and place bonds: theory and practice.
Risk management of a leasing company.
"Companies which anticipate clients’ needs can enrich market with new products".
For leasing companies we control leased assets.
Internet and modern marketing.
Useful Web-Resources.
The Bookshelf.
 
For more information visit: http://www.leasing.org.ua/en/bulletin/?pid=1096

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Tel. 202.223.2228, Fax. 202.223.1224, Websites: www.usukraine.org / traveltoukraine.org / businessinukraine.org / buyukraine.org / exchangeusa.org