News Tag: trade show
Resource World Magazine highlighted mining in Ukraine

Resource World Magazine – one of the leading media in the business of mining, oil, gas and green technologies with subscribers in 46 countries published the outputs of the Mining in Ukraine conference, organized by CUTIS Project and the Canada-Ukraine Chamber of Commerce (CUCC) within the framework of PDAC Convention on March 2nd, 2020 in Toronto.

The editor Ellsworth Dickson wrote an article about activities of the state-owned Ukrainian exploration company “Nadra Ukrayny”, represented at the conference by the Chairman Taras Kuzmych.

Please read the whole article below:

Ukraine state exploration company seeking partners

By Ellsworth Dickson

In a presentation at the recent Prospectors and Developers of Canada Convention in Toronto, Canada, Taras Kuzmych, Chairman of National Joint Stock Company (NJSC), Nadra Ukrany, outlined the many activities of the state-owned Ukrainian exploration company.

The company carries out geological exploration and invests in projects in the exploration and production sector in the country – mostly oil and gas projects but some mineral projects as well.

Although Nadra Ukrany has been in existence in one form or another for about 80 years, the current state company was formed in 2000 “….to improve minerals supply for country’s needs [and] to reserve and increase geological enterprises’ potential.”

Considering the tumultuous events Ukraine has had to endure during the 20th century, it is remarkable that the NJSC has explored over 1,800 oil fields, discovered over 350 hydrocarbon deposits, drilled over 1,000 wells and added 2.9 billion tons of fuel reserves with the result that both state-owned and private enterprises represent about 95% of hydrocarbons in Ukraine.

The company has noted that these include hundreds of oil and condensate deposits such as: Shebelinske, Yablunivske, Radchenkivske, Sahaydatske, Mihaylivske, Rybalske, Anastasiyivske that have been discovered, tested and put into operation.

Recently, the NJSC has been modernizing its corporate structure and auditing its Joint Activity Agreements. The company is currently offering a selection of blocks, minerals and cooperating frameworks to investors covering the entire country. Bidding by investors is competition based.

For the oil & gas sector, the NJSC is involved in geological exploration, field development and analysis of wells, environmental monitoring and impact analysis R&D, laboratory studies of core, drilling mud and related activities, including engineering and geological research.

Nadra Ukrany has also been involved with exploring and developing various mineral commodities, including the Dashukivske clay deposit, Muzhiyivske gold and polymetallic ore deposit, coal deposits of the Lviv-Volyn coal basin, native sulphur and potassium salt deposits in the Carpathian region of Ukraine, the Dnieper brown coal basin, the Klintsy native gold deposit (the first Ukrainian gold was extracted out of its ore), and even mineral waters as Naftusya, Morshinska, Polyana Kwasova and Shayanska, as well as numerous deposits of decorative and construction brick.

There are several ways foreign investors can participate such as a Production Sharing Agreement (PSA), a Production Enhancement Contract and Joint Activity.

One example that is available is a farm-in PSA opportunity in the Oleska Oil and Gas Project in western Ukraine. This would involve E&P of conventional and unconventional hydrocarbons. Other oil & gas opportunities are also available.

There are also partnership opportunities for mineral development as well, including titanium in the Zhytomyr region, zirconium in the Krasnorichenske ilmenite field and zirconium, vanadium and scandium in the Paromivske ilmenite field. Scandium is a rare and valuable metal capable of increasing the strength of aluminum to that of steel, making the alloy especially useful for aircraft applications.

Blessed with petroleum and mineral wealth, Ukraine is keen on developing its natural resources and is welcoming foreign investors to participate in a variety of projects.

Ukrainian mining is on the world stage

The world’s premier mineral exploration & mining convention will be held in Toronto on March 1-4. Approximately 1,100 exhibitors, 2,500 investors and 25,800 visitors from 132 countries will attend the PDAC Convention in Canada’s business capital.

The powerful mining industry of Ukraine will be represented in a separate event on March 2nd, organized by the Canada-Ukraine Trade and Investment Support Project in cooperation with the Canada-Ukraine Chamber of Commerce (CUCC).

Investment opportunities in Ukraine will be described by, among others, Roman Opimakh, Head of the State Service of Geology and Subsoil of Ukraine; Taras Kuzmych, Chairman of “Nadra Ukrayny”; Matt Simpson, CEO Black Iron Inc. (Shymanivske Iron Ore Project). The full list of speakers and the agenda of the “Mining in Ukraine” conference is available by the link

 

Ukrainian footwear producers have made a breakthrough in the Canadian market

Six leading Ukrainian footwear producers took part in the Toronto Shoe Show on February 20-22. Overall more than 700 Canadian and European brands participated at the international exhibition.

Ukrainian shoe industry was presented by such well-known trademarks as:

  • Belsta (Bilhorod-Dnistrovsky, one of the largest producers of indoor footwear in Ukraine);
  • Caman (Brovary, stylish men’s and women’s shoes, specialized sports shoes);
  • KaDar (Lutsk, casual men’s shoes);
  • Kredo (Khmelnytskiy, winter shoes on EBA sole);
  • Litma (Khmelnytskiy, rubber footwear);
  • Olteya (Zhytomyr, women’s leather shoes).

Ukrainian producers have already taken part in the Toronto Shoe Show last August.  It has prompted the companies to work more seriously, and with greater dedication and better preparation. They took into account all the recommendations of Canadian expert of the CUTIS project Phil Zwibel and upgraded the models.

‘Five of six Ukrainian producers have already delivered their samples to Canadian buyers, now three deals are almost on a finish line. That’s a wonderful achievement after only 6 months of appearance in Canada. Because in order to succeed in North America you have to modify your products according to the market and customers preferences. I’m glad that Ukrainian producers overcame this way to consumers in such a short time,’ Phil Zwibel said.

Ukrainian companies were presented at Toronto Shoe Show under the export support program “U CAN Export” of the CUTIS project.

‘Free trade with Canada opens up new business opportunities for Ukraine which faces the challenge of diversifying export flows. The example of footwear producers demonstrates that Ukrainian product is a great combination of high quality and reasonable prices,’ Ihor Sanzharovsky, CUTIS Project Director in Ukraine concluded.

The Canada-Ukraine Free Trade Agreement (CUFTA) entered into force on August 1, 2017, and opened customs-free access to 98% of Canada’s market for Ukrainian companies. Canada’s situation is more complex. The duties were eliminated for 72% of Canadian goods. The customs tariffs for the rest of 27% will be gradually reduced in compliance with transition periods – 3, 5, and 7 years.

The Canada-Ukraine Trade and Investment Support (CUTIS) Project is a 5-year (2016-2021) Canadian development assistance initiative designed to lower poverty in Ukraine through increasing exports from Ukraine to Canada and investment from Canada to Ukraine. The project funded by the Canadian Government through the Global affairs Canada and implemented by the Conference Board of Canada in partnership with the Canada-Ukraine Chamber of Commerce.

The CUTIS project implements U CAN EXPORT Support Program in five priority sectors: clothing, footwear, furniture, confectionery, and IT services.

(Українська) Українські виробники взуття відкривають канадський ринок

Sorry, this entry is only available in Ukrainian.

14 Ukrainian food producers took part in Ukrainian-Canadian Trade Show in Toronto

On April 2, 2017, 14 representatives of the Ukrainian food industry took part in the Ukrainian-Canadian Trade Show, held in Toronto.

Ukrainian trade mission included representatives of the following companies: Alan, Chumak, Frau Marta, Frutica, Galicia, Healthy Traditions, Karapuz, Hlibprom, PREMIER Fructus Nobilis, Selecto, Soyuz Konditer, The Gardens Of Prikarpattya, Univer, Vognyar.

Ukrainian business had the opportunity to demonstrate their products to the Canadian buyers, as well as communicate with potential partners in Canada.

The food industry representative will also have a series of B2B meetings with representatives of the Canadian supermarket networks and retail chains.

The Ukrainian-Canadian Trade Show was organized by the Ukrpages. The mission of Ukrainian producers to Canada was made possible thanks to the assistance of the Canada-Ukraine Chamber of Commerce and the support of the Export Promotion Office and the Canada-Ukraine Trade and Investment Support project.

The photo report of the event: