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Kyiv and Washington, D.C.| Tue, Nov 26, 2024
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The U.S.-Ukraine Business Council (USUBC), along with the family of its late President, Morgan Williams, is proud to announce a joint donation to Ukraine’s National Museum of the Holodomor-Genocide.
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The donation consists of a collection of artworks and books dedicated to the Holodomor, the genocide by forced starvation that claimed millions of Ukrainian lives in the first half of the 20th century under the Soviet regime.
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Since the early 1990s, Morgan Williams devoted decades to meticulously gathering Holodomor-related art and literature, creating the largest and most significant private collection in the world. His lifelong goal was to ensure this collection would belong to the Ukrainian nation. The donation was symbolically finalized during the recent commemoration of the Holodomor anniversary.
Williams dedicated much of his life to fostering strong business relations between the United States and Ukraine. His unparalleled contributions to Ukraine’s economic and cultural landscape, combined with this donation, affirm his status as a profoundly influential figure in Ukraine's modern history.
Coverage of Williams' legacy and the significance of the collection can be found in a recent article by Voice of America: Read the article and watch the accompanying video, where members of his family share their reflections on his dedication to Ukraine.
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U.S.-Ukraine Business Council Welcomes SPYRT Worldwide Inc. as a New Member
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SPYRT Worldwide is an importer and distributor of Ukrainian wine and vodka, driven by a mission of service and cultural exchange.
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The company’s journey began in April 2022 in a Ukrainian safe house, with US and Ukrainian military veterans serving as wartime volunteer advisors. Over time working on the war effort, and many nights at the safe house dining room table, the realization dawned that some of the best wines and spirits in the war were completely unavailable in the United States. These products could create a new understanding of Ukraine for American consumers and help the economic recovery of Ukraine. At that safe house table the concept for Spyrt Worldwide was born.
“SPYRT Worldwide’s story is a testament to wartime resilience and innovation,” said Sam Lerman, CEO of SPYRT Worldwide Inc. “Our company was born out of a shared commitment to Ukraine's freedom and future. By creating opportunities for Ukrainian entrepreneurs and introducing the unmatched flavors of Ukraine to the US, we are not only sharing a piece of Ukraine’s soul but also contributing to its economic recovery. Joining USUBC strengthens our ability to build lasting connections between Ukrainian producers and American consumers.”
SPYRT Worldwide stands out not only for its commitment to quality but also for its dedication to supporting Ukraine’s liberation and post-war reconstruction. A significant portion of the company’s profits are allocated to humanitarian and defense causes. After Ukraine’s victory, these contributions will transition to rebuilding efforts, further demonstrating SPYRT Worldwide’s unwavering commitment to Ukraine’s prosperity and resilience.
“We are thrilled to welcome SPYRT Worldwide to the USUBC,” stated Irina Paliashvili, Acting President of USUBC. “Their innovative approach to promoting Ukrainian products to the US and their commitment to supporting Ukraine during and after the war aligns with USUBC’s mission. SPYRT Worldwide exemplifies how business can be a force for positive change, even in the face of adversity.”
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Kyiv: USUBC team continues to facilitate war relief donations between USUBC members
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On November 26, the USUBC team continued its on-going initiative on facilitating war relief donations among its members. This time, the donation was provided by USUBC Member Accordbank, a nationwide universal bank with a full range of services across all segments—from private clients to large corporate businesses.
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Accordbank is ranked among the Top 5 in Ukraine for cash collection services, the Top 8 for its extensive regional network, and the Top 20 by total assets.
Accordbank provided critical equipment to Dmytro Kushnir, Development Director of Deminetec, which is also a USUBC member. Dmytro recently began serving with the 4th Rapid Reaction Brigade "Rubizh" of the National Guard of Ukraine. Deminetec specializes in explosive risk management, including munitions (UXO) detection through geophysical diagnostics, mine clearance, and the destruction or neutralization of explosive devices.
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Shell Exits Ukrainian Market After a Legacy of Significant Contributions
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Shell, a prominent member of the U.S.-Ukraine Business Council, has announced its exit from the Ukrainian market through an agreement with PJSC Ukrnafta to acquire its stake in Alliance Holding LLC.
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This transaction, subject to approval by the Government of Ukraine, will transfer Shell's network of 131 filling stations under new management while ensuring continued operations, customer service, and employment for its workforce. Since entering Ukraine in 2007, Shell has invested over $460 million in the economy, retained its workforce during the ongoing conflict, and remained one of the largest taxpayers in the fuel sector.
Shell's contributions extend beyond business operations, with a strong commitment to corporate social responsibility. Recognized as one of the best employers in Ukraine, Shell Ukraine has supported initiatives such as gender equality through the HeForShe movement and inclusion efforts, earning awards like the Veteran Friendly Award from Veteran Hub. The company has also played an instrumental role in Ukraine's recovery, supplying over 3,000 tons of bitumen for road reconstruction projects and maintaining electric vehicle charging stations across 16% of its network.
In response to Russia's war against Ukraine, Shell has demonstrated solidarity through significant humanitarian aid, with donations exceeding $74 million by 2023. This includes funding for critical infrastructure, support for refugees in partnership with international organizations, and contributions to local Ukrainian charities. Shell’s unwavering commitment to Ukraine's resilience and development underscores its legacy as a responsible and impactful international investor.
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Members and Partners Upcoming Events
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Warsaw, Poland
Dec 2-3, 2024
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Agro & Food Security Forum 2024
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The forum, organized by the Community of Pulse Producers and Customers of Ukraine and the Polish-Ukrainian Chamber of Commerce, will address critical issues in agriculture, trade, logistics, and investment. The event will feature over 300 participants from 25 countries, offering insights into the dynamic agricultural market, innovative solutions, and networking opportunities.
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Kyiv and Online
Wed, Dec 4, 2024
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Energy Security Dialogue 2024
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The conference, organized by DiXi Group, will bring together experts, policymakers, and stakeholders to address Ukraine’s pressing energy challenges and explore strategies for resilience and independence. Key discussions will focus on countering threats, strengthening regional energy security, and leveraging EU partnerships to enhance the reliability of energy systems. Register
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Kyiv and Online
Thu, Dec 12, 2024
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5th International Forum "Human Capital: Value, Quality, Development"
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The forum is organized by the National Qualifications Agency (NQA) in partnership with Helvetas Ukraine within the project “Contributing to a Favorable Economic Environment for Returnees, IDPs, and War-Affected Populations in Ukraine”. This event will explore the European integration of Ukraine’s qualifications system, development of qualification centers, and advancements in the National Qualifications Framework. Register
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Washington, DC
Tue, Dec 17, 2024
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U.S. launch of renowned Ukrainian wine and vodka brands by SPYRT Worldwide: SHABO Wine, Hetman Vodka, and Ukrainian Spirit Vodka
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The event, organized by SPYRT Worldwide, will celebrate the U.S. launch of premier Ukrainian brands SHABO Wine, Hetman Vodka, and Ukrainian Spirit Vodka. Hosted by Crowell & Moring LLP, this exclusive evening will feature wine tastings, signature cocktails, and insights from distinguished speakers, including Kurt Volker and SHABO Winery owner Giorgi Iukuridze. Register
For questions, please contact Rose Sarti at rose@spyrtworldwide.com
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Members and Partners News
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DFC, IFC, and Raiffeisen Bank Ukraine Join Forces to Support Ukrainian Businesses
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by DFC | Wed, Nov 20, 2024
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EBRD, European Union and United States help Kyiv prepare for winter
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by EBRD | Tue, Nov 19, 2024
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EOD market in Ukraine: opportunities beyond mine clearance
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by DLF attorneys-at-law| Thu, Nov 14, 2024
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Tech Trends and Related Legal Issues in Construction
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by Baker & McKenzie | Thu, Nov 14, 2024
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Current trends in healthcare technology: Report from N-iX
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by N-iX | Mon, Nov 25, 2024
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UkraineInvest and Japan International Cooperation Agency join forces to attract investment for Ukraine's reconstruction
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by UkraineInvest | Thu, Nov 14, 2024
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Ministry of Economy of Ukraine
Tue, Nov 26, 2024
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The Export Credit Agency insures another investment project against war risks
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Its total amount is UAH 92 million. The project is being implemented by Vilis, a private enterprise that produces pasta and apple jam. The company is investing half of the amount (UAH 52 million) with its own funds, and taking out an investment loan from Ukreximbank for another UAH 40 million.
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If you are a USUBC member, we would like to share news and updates about your company with our network. Please send Ukraine-related materials to Khrystyna Titarchuk, Social Media Manager at ktitarchuk@usubc.org
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