Business news from Ukraine


Ukraine International Airlines (UIA) on May 4 expanded its fleet with second long haul widebody Boeing 777-200ER plane. The press service of the airline reported that it was officially registered in Ukraine under the UR-GOB registration number.
Boeing 777-200ER aircraft accommodates 361 passengers in three-class seating configuration, i.e. Business Class, Premium Economy Class, and Economy Class. UIA expects to operate the UR-GOB aircraft under a contract with AerCap which envisages the delivery of two more Boeing 777-200ER in 2018.
“The aircraft is equipped with Panasonic Corporation individual IFE system. Every seat is equipped with personal screen with a vast content menu, including feature movies, TV shows, a variety of Ukrainian movies, movies for children and cartoons. The content is available in several languages, Ukrainian, English, Chinese, Russian, French, Hindi and other languages,” the UIA said.
Moreover, passengers will be able to track the aircraft in real-time mode by using the interactive touch-sensitive 3D-map with 3D globe image, 100 city guides, including 20 cities of Ukraine, Kids map – Animals App, and other information.
USB-units and electrical power sockets are installed in all cabins with Wi-Fi connectivity available during the flight.
The aircraft is equipped with Bruce Aerospace Sky Interior modern lighting system which is customized so that the lighting regime changes according to natural environment.
Two more Boeing 777 aircraft are scheduled to arrive in Q2 – Q3 2018.



National energy company Ukrenergo in January-March 2018 increased transmission of electricity through trunk power grids by 0.5% (by 145.197 million kWh) compared to the same months in 2017, to 30.224 billion kWh. According to a report on the company’s website, the cost of electricity transmission services for January-March fell by 28.8% (UAH 251.344 million), to UAH 1.087 billion.
Ukrenergo in January-March 2018 increased capital investments by 61% (by UAH 403.32 million), to UAH 1.065 billion.
Total expenses increased by 9.2% (by UAH 61.452 million), to UAH 728.505 million, in particular repair costs increased by 1.8% (by UAH 509,000), to UAH 28.045 million.
Ukrenergo operates trunk and interstate power grids, as well as centralized dispatching of the unified energy system of the country. The company is a state enterprise subordinated to the Ministry of Energy and Coal Industry, but will soon be transformed into a private joint-stock company



The Sikorsky Kyiv international airport plans to overhaul a runway in coming two or three years, Board Chairman Denys Kostrzhevsky has said. “The next stage to increase the passenger flow and increase profits and payments to the budget will be the reconstruction of the runway and the airfield. The runway has been operated for about 10 years and gradually deteriorates. To ensure flight safety, it is necessary to overhaul runway in the coming two or three years, with the closure of the airport for a year,” he said in an interview with Interfax-Ukraine.
According to the top manager, the problem is that the runway currently belongs to the municipal enterprise, that is, to the city’s community, and only this enterprise can carry out its reconstruction.
“In order to attract private funding for the reconstruction of the runway, and this is logical, it is necessary to resolve the issue of transferring the runway to either concession or lease on the terms of reconstruction to a private investor. We face this task for the next two or three years: either at the expense of the municipal budget, or with the involvement of a private investor,” Kostrzhevsky said.
Kyiv International Airport (Zhuliany) is located in the business center of the capital, seven km from the city center. It is the second largest airport in Ukraine in terms of the number of flights and passenger traffic. The airport has three terminals with a total area is 21,000 square meters. Terminal B is separate facility for business-class service, it is part of the Fixed Base Operator (FBO) system. The airport’s runway is able to handle B-737 and A-320 aircraft.


The volume of sold industrial products (goods, services) in January-March 2018 stood at UAH 621.436 billion, which is 16.7% more than in January-March 2017, in particular the volume sold abroad was worth UAH 166.784 billion, the State Statistics Service has reported. According to the agency, in March 2018 compared to March 2017 the index of turnover of sold production grew by 10.9%, and by 11.1% compared with February 2018. Sales in mining industry in March 2018 compared with March 2017 grew by 2.25 (4.6% compared with February 2018) and in processing industry – by 12.9% (12.6%).
In the total volume of sales, the largest share accounted for processing industry (60.1%), the supply of electricity, gas, steam and air conditioning (25.1%), metallurgical production (18.4%), production of cast iron, steel and ferroalloys (14.3%), mining and quarrying (13.9%) and
As reported, in 2017 industrial products (goods, services) worth UAH 2.153 trillion were sold, which is 21.9% more than in 2016.

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The Agrofusion Group, a large tomato paste and industrial tomato producer in Ukraine, plans to plant and process 630,000 tonnes of tomatoes in 2018, including 9,900 tonnes of organic tomatoes. According to a posting on the group’s website, in 2017, it started producing organic tomato paste. “Last week all growing divisions of Agrofusion has begun tomato seedling transplanting. Favorable weather conditions and timely field preparation allowed to start the transplanting according to the schedule. Transplanting will continue till the end of May,” the company said.
Agrofusion Group, founded in 2007, belongs to businessman Serhiy Sypko. Agrofusion includes three tomato paste production plants with the processing capacity of about 7500,000 tonnes of tomatoes per season, as well as farms in Kherson and Mykolaiv regions, processing 25,000 hectares of irrigated land, and two greenhouse farms.

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The Sikorsky Kyiv international airport intends to expand Terminal A for servicing growing passenger flow, Board Chairman Denys Kostrzhevsky has said. “In the coming years we predict growth of passenger flow and the new large-scale reconstruction being conducted by Master-Avia (the company that manages the airport) is linked to this. In 2019, the airports arrival and departure capacities would be doubled,” he said in an interview with Interfax-Ukraine. He said that at present, the international flight arrival zone has been re-equipped and expanded, and in the middle of May 2018 the large-scale reconstruction of Terminal A will start at the airport.
“Previously, the airport used Terminal D only for servicing domestic flights. Unfortunately, the domestic passenger traffic decreased significantly. IT practically came to nil. It was decided to re-equip a part of the facilities for servicing the arriving passengers from international flights. I cannot name the exact cost of reconstruction, as we are in the process. This is about UAH 20 million,” Kostrzhevsky said.
He added that two galleries have already been built that joined Terminals D and A. The number of passport control posts doubled, the area for staying passengers has been expanded significantly. The number of luggage delivery belts was doubled.
“It is planned to add more areas, about 9,000 square meters, to Terminal A, which will double the number of check-in counters, to 40. Also, the number of passport control desks, security checkpoints will be doubled, and, as a result, the number of passengers served simultaneously will grow 2.5-fold. Now it is about 700 passengers per hour, and there are plans to bring it up to 1,500,” Kostrzhevsky said.

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