Subscribe to News

14 July 2014 Federation of Employers of Ukraine

The FEU To Support Donbass Restoration – Dmitry Firtash 

The Federation of Employers of Ukraine stands ready to participate in Donbass program development and financing. This was stated by the President of the Federation of Employers of Ukraine Dmitry Firtash in the interview to Inter TV Channel.

“The Federation of Employers stands ready to participate. We are ready to donate money. More so, not only are we ready to donate, we are also ready to be involved in the Donbass restoration program development”, said the President of the Federation of Employers of Ukraine.

Dmitry Firtash noted that FEU was analyzing recent economic and infrastructure state of the Donetsk and Luhansk regions and was going to suggest its plan for region restoration to the Prime-minister and the President. The President of the Federation of Employers of Ukraine stressed, that in such conditions the country needed support of the Ukrainian business. According to Dmitry Firtash, the Federation of Employers of Ukraine, that unites 8.5 enterprises generating 70% of Ukraine’s GDP, stands ready to uphold the state.

“Without engaging entrepreneurs, without engaging the FEU, without engaging major employers I don’t think the government will be able to cope with this challenge, they just have to rely on somebody”, stressed Dmitry Firtash. He explained that the government had to decide upon its targets for investments and upon investment targets for business people. “But as a whole we must act as a band led by one conductor to do our job right”, said Dmitry Firtash. Also he noted that that sum necessary for region restoration was still unknown because there was no understanding about damages scale.

Talking about priority tasks in the Donetsk and Luhansk regions, Dmitry Firtash named people’s residences and infrastructure reconstruction.  “The top priority is to reconstruct people’s residences, supply them with water, gas, to rebuild the destroyed infrastructure, schools, nurseries, to put all the facilities in operation for people to understand that the normal life conditions are back”, said Dmitry Firtash.

The FEU President also added that the second task was to get the people who had fled to come back. “They had no choice so they decided they should leave. They can’t be blamed for it but we do have to have them back – they are our fellow Ukrainians. It’s not just about a territory, it’s about the people living in it. And it is vital that these people are where they belong – in our country”, said the FEU President.

In parallel to that, re-commission of the enterprises and infrastructure renovation were a must. “Bridges have been demolished, roads destroyed. Even if you re-launch a company, you can’t ship its products out of the facility. This is a major problem”, explained Dmitry Firtash.

Also according to Dmitry Firtash, the FEU was negotiating with other countries on providing state guarantees to foreign investors planning to invest funds in Ukraine.

Also the FEU President stated about putting in place a small and medium enterprise fund capitalized with some 500 million Euro. Among the potential investors are the EBRD, European governments, big foreign and Ukrainian companies. “The main task is to create new jobs”, stressed Dmitry Firtash.

“I am sure that Ukraine faces great future, I most sincerely believe in it. I think that we will decently get by and many countries will watch us successfully meeting all our challenges”. 

SEE ALSO:

All articles...

Dmitry Firtash: Businesspeople Stand Ready to Cooperate With the Cabinet 18 April 2016

Dmitry Firtash: Businesspeople Stand Ready to Cooperate With the Cabinet

The Ukrainian business community looks forward to cooperating with the new Cabinet of Ministers towards the country’s economy restoration, said Mr. Dmitry Firtash, President of the Federation of Employers of Ukraine in his interview to Inter...
Ukraine Needs Peace, Income and Parliamentary Elections – Dmitry Firtash 04 April 2016

Ukraine Needs Peace, Income and Parliamentary Elections – Dmitry Firtash

People who are interested in stability and peace in Ukraine have to come to power after the elections to the Parliament of Ukraine. This was stated by Dmitry Firtash, the President of the Federation of Employers of Ukraine, in an interview to...
The Government Treats Business People As Enemies 08 June 2015

The Government Treats Business People As Enemies

The government treats business people as enemies that’s why business has to fight against the government. This was stated by Dmitry Firtash, the President of the Federation of Employers of Ukraine, in the interview to Inter TV Channel
The Government Has To Negotiate About Cheaper Gas Import – Dmitry Firtash 08 June 2015

The Government Has To Negotiate About Cheaper Gas Import – Dmitry Firtash

If the government had imported some cheaper gas into the market, there wouldn’t have been any need for lifting the utility tariffs. This was stated by Dmitry Firtash, the President of the Federation of Employers of Ukraine
In 2015 the FEU Representative Office To Be Opened in Brussels 25 November 2014

In 2015 the FEU Representative Office To Be Opened in Brussels

In 2015, the Federation of Employers of Ukraine plans to open a representative office in the political center of the European Union – Brussels. This was stated by the FEU President Dmitry Firtash at the meeting of the Board of the Federation...
The EU, Russia and Ukraine May Create a Single Trade Area – Dmitry Firtash 03 November 2014

The EU, Russia and Ukraine May Create a Single Trade Area – Dmitry Firtash

Ukraine-Russia-EU common market formation could be a basis for finding a solution to the conflict in Ukraine. More than 100 participants from Germany, Austria, Ukraine and Russia who were discussing the creation of a common market from Lisbon to...
Ukraine Should Connect the West and Russia – Dmitry Firtash 01 October 2014

Ukraine Should Connect the West and Russia – Dmitry Firtash

Ukraine should become a bridge between the West and Russia, and not be a launching ground. This was stated by the President of the Federation of Employers of Ukraine Dmitry Firtash during the international Round table “Ukraine in Europe:...
Strong Economy Is a Guaranty of Ukraine’s Security – Dmitry Firtash 01 October 2014

Strong Economy Is a Guaranty of Ukraine’s Security – Dmitry Firtash

Countries with such indicators are constantly at risk of conflicts. If an economy is weak, a country is always on a tinder-box. An explosion can occur from anything. Only the strong economy will guarantee the security of Ukraine”
Dmitry Firtash Urged Business To Continue Operating in Ukraine 11 April 2014

Dmitry Firtash Urged Business To Continue Operating in Ukraine

Dmitry Firtash called business in Ukraine not to stop and continue operating despite the difficult economic situation. The President of the Federation of Employers urged big Ukrainian business to follow the logic of “economic...
Ukraine Does Not Receive Benefits From Business Checks 03 April 2014

Ukraine Does Not Receive Benefits From Business Checks

In 2013, Ukraine's state budget received only 7% of penalty amounts that were applied by the regulatory authorities during inspections of business. This was studied by the Federation of Employers of Ukraine
FEU Proposes To Develop Investment Map of Ukraine 29 November 2013

FEU Proposes To Develop Investment Map of Ukraine

The Federation of Employers of Ukraine will propose the Government to develop an investment opportunities map of Ukraine which will allow local entrepreneurs finding resources to grow their business. This was stated by the FEU President Dmitry...
Business Inspecting Agencies To Prepare Reports for FEU 21 November 2013

Business Inspecting Agencies To Prepare Reports for FEU

All 70 controlling agencies will provide the administration of the Federation of Employers of Ukraine with information about inspections of enterprises. As was stated by the President of the Federation of Employers of Ukraine Dmitry Firtash such...
Ukraine Should Regulate Technical Requirements For Imported Products – Dmitry Firtash 21 November 2013

Ukraine Should Regulate Technical Requirements For Imported Products – Dmitry Firtash

The Federation of Employers of Ukraine initiated establishment of a special state agency in charge of technical requirements for goods imported to Ukraine and domestically produced goods
Reserves For Economic Development Are Located Inside The Country – Dmitry Firtash 06 November 2013

Reserves For Economic Development Are Located Inside The Country – Dmitry Firtash

Ukraine needs to find inner resources for economic development. This was stated by the President of the Federation of Employers of Ukraine Dmitry Firtash during the session of the FEU Council which took place on Wednesday in Kie
FEU To Compile Rating of Inspecting Agencies Effectiveness 06 November 2013

FEU To Compile Rating of Inspecting Agencies Effectiveness

The Federation of Employers of Ukraine will develop the system for monitoring of activities of all 70 state agencies having right to audit work of enterprises. According to Dmitry Firtash, for polling purposes a pool of enterprises representing...
Dmitry Firtash Included To The State Commission On Cooperation With The WTO 03 October 2013

Dmitry Firtash Included To The State Commission On Cooperation With The WTO

The President of Ukraine V. Yanukovych signed the Decree № 540 of October 3, 2013 whereby Mr. Dmitry Firtash, President of the Federation of Employers of Ukraine, is enrolled on the State Commission on cooperation with the World Trade Organization
FEU Offers Government To Revise Labor Protection System 19 September 2013

FEU Offers Government To Revise Labor Protection System

The Federation of Employers of Ukraine offers the government to reform the system of industrial production safety and labor protection. This was announced by Dmitry Firtash, the FEU President, Chairman of Group DF Supervisory Council, during a...
FEU To Stimulate Youth To Start Own Business 12 September 2013

FEU To Stimulate Youth To Start Own Business

The FEU President stressed that today in Ukraine there was a serious problem of the first employment of young people who had graduated from universities. According to Dmitry Firtash, Ukraine needs a new class of people who will try to create jobs...
WTO Should Maintain Open Markets – Dmitry Firtash 12 September 2013

WTO Should Maintain Open Markets – Dmitry Firtash

The main task of Ukraine, the European Union and the Customs Union is to keep open markets within the WTO. This was stated by Dmitry Firtash, the President of the Federation of Employers of Ukraine, at the annual forum of the International...
Employers To Reduce Youth Unemployment 16 May 2013

Employers To Reduce Youth Unemployment

Youth unemployment will be significantly reduced, if the demand for trained professionals will be formed by employers. This was stated by President of the Federation of Employers of Ukraine Dmitry Firtash during the meeting with owners and...
Concert Dedicated To Spring and Labour Festival Gathered 40 thousand people 28 April 2013

Concert Dedicated To Spring and Labour Festival Gathered 40 thousand people

People in Zaporizhya were enjoining hits of such famous Ukrainian singers as Alexander Ponomarev, Arsen Mirzoyan, Natalia Koroleva, Taisia Povaliy, Maria Yaremchuk, the Aviator band, Tina Karol, Boris Moiseyev, Verka Serduchka and Sofia Rotaru
FEU To Publish Labor History Book 28 April 2013

FEU To Publish Labor History Book

This project, first of all, is important for the younger generation. Young guys should be proud of people who built our country and desire to become their successors. Therefore, our main task today is to return public respect to a working man, a...
Increasing Requirements For Imports To Protect The Domestic Market 04 April 2013

Increasing Requirements For Imports To Protect The Domestic Market

Committee created at the FEU would coordinate developing of requirements for quality and safety of imported goods, President of the Federation of Employers of Ukraine Dmitry Firtash said after the meeting of the organization’s Presidium held...
In Ukraine Enterprises Can Be Inspected By 75 State Agencies 04 April 2013

In Ukraine Enterprises Can Be Inspected By 75 State Agencies

Enterprises can be inspected by 75 state agencies in Ukraine. According to President of the Federation of Employers of Ukraine Dmitry Firtash, such amount of regulatory authorities is listed in the Register of inspecting agencies compiled by the...
Dmitry Firtash: Ukrainian Business Has To  Maintain And Strengthen Its Positions In Foreign Markets 04 April 2013

Dmitry Firtash: Ukrainian Business Has To Maintain And Strengthen Its Positions In Foreign Markets

Ukrainian business has to maintain its market position in countries of the Customs Union, despite the imposed protective trade barriers, said President of the Federation of Employers of Ukraine Dmitry Firtash
Youth Unemployment to Shrink Due to Securing Balance Between Education and Labor Market 27 June 2012

Youth Unemployment to Shrink Due to Securing Balance Between Education and Labor Market

Mr. Dmitry Firtash, President of the Federation of Employers of Ukraine is sure that orienting the education system towards real needs of Ukraine’s economy will help dramatically reduce the youth unemployment
Employers To Devise Controlling Agencies Monitoring System 25 May 2012

Employers To Devise Controlling Agencies Monitoring System

I fully concur with an idea of creating such a monitoring system. Sumy has a very powerful employers’ organization and it is perfectly capable of making this project happen. Once this system becomes operational, many conflicts between the...
FEU Seeks Simplification of Business Launch Approvals Procedure 17 May 2012

FEU Seeks Simplification of Business Launch Approvals Procedure

In 20 years, there have been multiple programs devised in Ukraine but none of them met with fulfillment. There has to be one yet realistic and meaningful program. Business does not need ten or fifty programs – we need one but workable program