Subscribe to News
Ukraine Should Maintain Economic Impact on Crimea – Dmitry Firtash
24 June 2014 Promotion of Enterprise

Ukraine Should Maintain Economic Impact on Crimea – Dmitry Firtash

Having lost political influence on the Autonomous Republic of Crimea Ukraine should use all available resources in order to keep the economic impact on the peninsula. This was stated by the President of the FEU Dmitry Firtash during the FEU Board meeting
Bukovyna Fund: Business Idea Implementation Took Less Than a Year
08 November 2013 Promotion of Enterprise

Bukovyna Fund: Business Idea Implementation Took Less Than a Year

A year ago – in autumn 2012 – investment fund “Bukovyna” aimed at supporting small and medium-sized business allocated the first million for realization of 8 business ideas. Two of them were offered by the students
We Have Created Unique Business Development System – Dmitry Firtash
08 November 2013 Promotion of Enterprise

We Have Created Unique Business Development System – Dmitry Firtash

Due to the work of the venture investment fund "Bukovyna" aimed at supporting small enterprise in the Chernivtsi region, a unique for Ukraine ecosystem of entrepreneurship development has been created
Group DF To Present Scenarios for Ukraine
05 November 2013 Promotion of Enterprise. Development of enterprise

Group DF To Present Scenarios for Ukraine

Group DF is co-sponsoring the Scenarios for Ukraine project, a joint initiative of the World Economic Forum (WEF), major Ukrainian businesses, and the Ukrainian government
Bukovyna Fund Has 9 Projects in Its Portfolio
13 June 2013 Promotion of Enterprise

Bukovyna Fund Has 9 Projects in Its Portfolio

Investment fund aimed at supporting small and medium-sized businesses ‘Bukovyna’ provided concessional financing to ‘Open-air’ attraction’ specializing in karts and quad bikes rent. To fund purchase of new cars ‘Bukovyna’ allocated 320 thousand UAH at 12% per annum. The company ‘Open-air’ attraction’ is a ninth project received funding from the fund ‘Bukovyna’
Polissya Fund To Help Students To Start Business
10 June 2013 Promotion of Enterprise

Polissya Fund To Help Students To Start Business

Winners of the student business ideas competition initiated by Zhytomyr City Employers Organization were identified. Six projects were selected as finalists, authors of the three of them will be given a possibility to draw business plans of their projects – expert support will be provided by the investment fund “Polissya”
Bukovyna Fund Financed One More Business Project
14 May 2013 Promotion of Enterprise

Bukovyna Fund Financed One More Business Project

The owner of MellanZhe company Maria Zheznomirskaya noted that there were great opportunities for the development of the sewing business in Ukraine due to the absence of low-cost high-quality clothing. MellanZhe sewing workshop became the eighth project received financing from Chernivtsi fund
 

Ukraine Has To Improve Quality Requirements For Domestic Products
27 April 2013 Promotion of Enterprise

Ukraine Has To Improve Quality Requirements For Domestic Products

The task of the committee is to set up a system of quality and safety technical regulations for products imported and sold in Ukraine”, – stressed Dmitry Firtash
Ukraine Needs An Economic Development Plan Uniting Society
26 April 2013 Promotion of Enterprise

Ukraine Needs An Economic Development Plan Uniting Society

Agriculture is directly connected to 30% of all Ukrainian economy sectors. Its development will encourage development of engineering, chemistry, energy, and food industry. Therefore, it is necessary to elaborate an economic development plan based on the agricultural sector progress
Ukraine Needs To Change Rules Of Doing Business
25 April 2013 Promotion of Enterprise

Ukraine Needs To Change Rules Of Doing Business

We do not accept the rules of doing business. The existing rules are beneficial to those who operate profitably in “grey” economy. I can not accept these rules, because I have to pay salaries to people, I have to develop the business. There is no doubt that we have to change the rules of the game
Lean Manufacturing System Will Give Ukraine $40 billion
25 April 2013 Promotion of Enterprise

Lean Manufacturing System Will Give Ukraine $40 billion

“Today, the system of lean production ­­is a new revolution in the industry. Production becomes flexible, allows adapting to market demand. As a result, this system will improve quality and save up to 30% of production costs”, – said Dmitry Firtash.
Capacity of Nikolaev Seaport Nika-Tera To Be Raised Five-Fold
17 April 2013 Promotion of Enterprise. Nika-Tera

Capacity of Nikolaev Seaport Nika-Tera To Be Raised Five-Fold

Until the end of 2013 specialized sea port Nika-Tera, part of Group DF, to complete the construction of a grain silo-type elevator with a capacity of 170 thousand tons. While making a visit to Nika-Tera in 2012, Dmitry Firtash said that upon port reconstruction completion, it would rank among the country’s three major ports along with Odessa and Yuzhny
Business Environment Simplification To Increase Ukraine's GDP by 1.5-2%
16 April 2013 Federation of Employers of Ukraine. Promotion of Enterprise

Business Environment Simplification To Increase Ukraine's GDP by 1.5-2%

Today, a huge number of supervisors come to entrepreneurs with checks. All these numerous audits take a long time. This makes difficult to do business - people do not work, they just answer inspectors’ questions - said Dmitry Firtash.
Ukraine Needs To Raise New Generation of Entrepreneurs
21 March 2013 Federation of Employers of Ukraine. Promotion of Enterprise

Ukraine Needs To Raise New Generation of Entrepreneurs

By establishing SME support funds we can address two issues: first of all, we will create new jobs, secondly, we will give a chance to young people with interesting and perspective ideas. Country can be developed only by people who are long term thinkers, who do not afraid to do what employers do – President of the Federation of Employers of Ukraine Dmitry Firtash
Ukrainians Trust In Business More Than In Political Parties
20 March 2013 Federation of Employers of Ukraine. Promotion of Enterprise

Ukrainians Trust In Business More Than In Political Parties

About 70% of Ukrainians have a positive attitude towards entrepreneurs as a class, and a third of respondents put a great deal of trust in business for economic development. These are the results of a sociological survey conducted by Social Monitoring Center on demand of the Federation of Employers of Ukraine, said Dmitry Firtash
Employers Will Be Represented By The Interfactional Group In The Parliament
19 March 2013 Federation of Employers of Ukraine. Promotion of Enterprise

Employers Will Be Represented By The Interfactional Group In The Parliament

Interfactionalgroup of employers established in the Parliament will push for laws important to domestic producers and address the issue of unemployment, said the President of the Federation of Employers of Ukraine Dmitry Firtash in Zaporizhzhya
FEU Has Compiled Registry of Inspecting Agencies
19 March 2013 Federation of Employers of Ukraine. Promotion of Enterprise

FEU Has Compiled Registry of Inspecting Agencies

The Federation of Employers of Ukraine has finished compiling theNational Registry of Inspecting Agencies and will present it in the nearest future. On the basis of the Register Federation will initiate inspecting agencies and checksreduction, said President of the Federation of Employers of Ukraine Dmitry Firtash in Zaporizhzhya
Ukrainian Industry Needs New Electricity Pricing
19 March 2013 Federation of Employers of Ukraine. Promotion of Enterprise

Ukrainian Industry Needs New Electricity Pricing

"Everyone understands what role the price of electricity plays, for example, for the non-ferrous metal sector. It is half of the production cost, and this is an issue of thousands of jobs. The Federation of Employers of Ukraine will submit the issue to the government," – said Dmitry Firtash.
Industrial Parks Have to Be Established In All Regions of Ukraine
19 March 2013 Federation of Employers of Ukraine. Promotion of Enterprise

Industrial Parks Have to Be Established In All Regions of Ukraine

“It is much more expensive to build a plant in Ukraine than in Europe.  Reasons are well known: an investor besides a plantconstruction has to invest in construction of roads, utility systems, and getting a set of permissions. Zaporizhzhya region is a first region in Ukraine which proposed a concrete solution to the problem of industrial infrastructure”, – Dmitry Firtash
 
Business Ideas Competition in Zhytomyr Region Received First Projects
15 March 2013 Promotion of Enterprise

Business Ideas Competition in Zhytomyr Region Received First Projects

The competition organized as part of the FEU’s SME support program has already received first business projects from Zhytomyr students. Results of thebusiness ideas competition organized for the first time in Zhytomyr region will be announced at the end of April this year
Polissya Fund To Finance Business Ideas From Zhytomyr Students
27 February 2013 Promotion of Enterprise

Polissya Fund To Finance Business Ideas From Zhytomyr Students

Students in Zhytomyr region will pitch their business ideas at a competition initiated by Zhytomyr City Employers Organization. Investment Fund for SME Support Polissya has pledged its partnership to the competition.
Polissya Investment Fund Invites Proposals for Financing
20 February 2013 Promotion of Enterprise

Polissya Investment Fund Invites Proposals for Financing

Zhytomyr-based investment fund Polissya supporting small and medium enterprise has launched financing proposals admission. The Fund has become the second-of-a-kind venture founded by Ukrainian entrepreneurs and following a model of operation of Chernivtsi-based investment fund ‘Bukovyna’
Federation of Employers of Ukraine Develops Small and Medium Business
24 January 2013 Promotion of Enterprise

Federation of Employers of Ukraine Develops Small and Medium Business

The Ukrainian business community is committed to putting in place a system of support to small and medium enterprise through regional investment funds. The successful operation of ‘Bukovyna’ fund inspired Zhytomyr entrepreneurs
SME Support Funds Have To Be Established In All Regions
27 November 2012 Promotion of Enterprise

SME Support Funds Have To Be Established In All Regions

Dmitry Firtash, President of the Federation of Employers of Ukraine has urged businesspeople to use active efforts towards establishing small and medium enterprise support funds across the whole of Ukraine. Such investment funds capitalized with contributions from local businesspeople
Business To Fuel Crisis Mitigation
26 November 2012 Federation of Employers of Ukraine. Promotion of Enterprise

Business To Fuel Crisis Mitigation

Economy of Ukraine may recover from the crisis effects as long as business is capable of producing impact on key decisions in the national economic policy. This was a keynote of the speech that Mr. Dmitry Firtash, President of the Federation of Employers of Ukraine delivered at the meeting of the International Coordination Council of Employers’ Organizations
Bukovyna Fund Reviews New Business Project
22 November 2012 Promotion of Enterprise

Bukovyna Fund Reviews New Business Project

Bukovyna Fund managing 8 million UAH worth of capital has already committed 1.1 million to the implementation of seven projects. March 2013 is expected to see another finale which will determine more winners qualifying for funding of their proposals
Bukovyna Fund Approves the Commitment of First 1 Million UAH
18 September 2012 Promotion of Enterprise

Bukovyna Fund Approves the Commitment of First 1 Million UAH

Three of the qualified proposals talking about building business from scratch will receive the total of 240 thousand UAH. The remaining three projects involve the expansion of the existing enterprises for which the Fund will issue three-year loans against a 12-percent
Dmitry Firtash To Support Kharkiv Business People
07 September 2012 Promotion of Enterprise

Dmitry Firtash To Support Kharkiv Business People

Speaking at the 4th International Economic Forum “Innovations. Investments. Kharkiv Initiatives” in Kharkiv today, Dmitry Firtash, President of the Federation of Employers of Ukraine proposed the establishment in Kharkiv region of a private investment fund supporting small and medium enterprises
Bukovyna Fund Receives 70 Applications Seeking Business Projects Financing
21 August 2012 Promotion of Enterprise

Bukovyna Fund Receives 70 Applications Seeking Business Projects Financing

Having operated for 4 months to date, Bukovyna Fund has already received 70 applications for the financing of business projects filed by entrepreneurs from Kiev, Lviv and Chernivtsi region. The principal investor in Bukovyna Fund is Mr. Dmitry Firtash
Promotion of Enterprise in Ukraine – Driver of National Economy Development
26 April 2012 Employers Movement. Promotion of Enterprise

Promotion of Enterprise in Ukraine – Driver of National Economy Development

In the course of his regular field trip in a capacity of the President of the Federation of Employers of Ukraine – this time to Nikolaev region – Mr. Dmitry Firtash met with the local administration and business people
Bukovyna Fund Starts Admission of Funding Applications
23 April 2012 Promotion of Enterprise

Bukovyna Fund Starts Admission of Funding Applications

Bukovyna Fund for Support of Small and Medium Enterprise initiated by Mr. Dmitry Firtash and formed due to his investment has started financing applications admission. This announcement was made by the Governor of Chernivtsi region Mr. Mykhaylo Papiev while presenting the investment fund in Chernivtsi
Dmitry Firtash’s Fund for Small Enterprise Promotion Finalizes Its Format of Operation
12 April 2012 Promotion of Enterprise

Dmitry Firtash’s Fund for Small Enterprise Promotion Finalizes Its Format of Operation

The operational mode of BUKOVYNA venture fund for small business support initiated by Dmitry Firtash in February 2012 during his meeting with business community in Chernivtsi has been identified
FEU’s In-House Commodity Exchange – New Opportunities For Business Promotion
28 March 2012 Employers Movement. Promotion of Enterprise

FEU’s In-House Commodity Exchange – New Opportunities For Business Promotion

Speaking at a meeting with small and medium businesses owners and executives in Crimea, Mr. Dmitry Firtash announced that the Federation of Employers of Ukraine is working to institute its in-house commodity exchange where the Federation
Dmitry Firtash’s New Initiatives Towards Business Liberalization and Promotion
27 March 2012 Employers Movement. Promotion of Enterprise

Dmitry Firtash’s New Initiatives Towards Business Liberalization and Promotion

Making his regular field trip in his capacity of the President of the Federation of Employers of Ukraine, Mr. Dmitry Firtash has had a meeting with the administration of Lviv region and entrepreneurs of Western Ukraine
Technological Revolution in Agriculture Key to Ukrainian Farming Development
03 March 2012 Employers Movement. Promotion of Enterprise

Technological Revolution in Agriculture Key to Ukrainian Farming Development

“Ukraine may well be one of the world’s leaders in foodstuff exports, and the key role in this regard must be played by regions where agricultural infrastructure is particularly developed,” said Dmitry Firtash
Ukraine’s Business Climate Improvement – Common Cause For Business Community And Government
28 February 2012 Employers Movement. Promotion of Enterprise

Ukraine’s Business Climate Improvement – Common Cause For Business Community And Government

Investments serve as an indispensible fuel for any economy and the less they come, the slower the economy evolves. At the moment, Ukraine is in a perilous situation: the growth rate of both foreign and domestic direct investments is far from meeting the business
Federation Of Employers Of Ukraine Initiates Long-term Program Of National Industry Development
21 February 2012 Employers Movement. Promotion of Enterprise

Federation Of Employers Of Ukraine Initiates Long-term Program Of National Industry Development

The Federation of Employers of Ukraine will institute an information system of Ukrainian enterprises’ interaction which will boost cooperative ties within the country and reduce import into Ukraine
Dmitry Firtash: Big Business Interested In Small and Medium Enterprise Development
09 February 2012 Employers Movement. Promotion of Enterprise

Dmitry Firtash: Big Business Interested In Small and Medium Enterprise Development

Meeting with executives of large enterprises and owners of small and medium businesses, Mr. Dmitry Firtash, President of the Federation of Employers of Ukraine, stated that big companies are interested in the development of small and medium enterprise
Dmitry Firtash Initiates Establishment of Fund For Support to Young Entrepreneurs’ Projects
09 February 2012 Employers Movement. Promotion of Enterprise

Dmitry Firtash Initiates Establishment of Fund For Support to Young Entrepreneurs’ Projects

Mr. Dmitry Firtash, President of the Federation of Employers of Ukraine has announced an initiative to set up a fund to support projects of young entrepreneurs. The most promising investment projects will qualify for financing through the Federation of Employers