Business news from Ukraine

UKRAINE FULLY PROVIDED WITH VACCINES

Ukraine is fully provided with vaccines for routine immunoprophylaxis, the Ministry of Health has stated.
“For the first time in seven years, Ukraine is fully provided with vaccines needed for immunization in accordance with the vaccination schedule,” according to materials for the extended meeting on providing citizens with medicines and medical products held in Kyiv.
According to the materials, as of June 1 Ukraine had 2,248,666 doses of DTP vaccine for prevention of diphtheria, tetanus and pertussis, 557,463 doses for prevention of diphtheria and tetanus, and 5,281,517 doses for prevention of diphtheria and tetanus with a reduced antigen.
In addition, the department has 547,672 injections and 1,243,229 doses of oral poliomyelitis vaccine, 1,909,450 doses from hepatitis B, 39,578,000 doses from hemophilia, 2,557,040 doses of BCG vaccine and 967,217 doses of MPR vaccine.

IT CLUSTER ABOUT TO LAUNCH FIRST STAGE OF IT PARK CONSTRUCTION

Lviv IT Cluster is about to launch the construction of the first stage of a 10-hectare Innovation District IT Park in Lviv, the press service of Lviv IT Cluster has reported.
“The tech industry has an urgent need for such a large-scale project as the Innovation District IT Park. Even before the construction of the facility, more than 60% of the area has been booked by IT companies,” head of the Lviv IT Cluster Supervisory Board and CEO of N-iX Andriy Pavlov has said in the report.
The construction project is estimated at US$160 million.
Volodymyr Zhenchak’s Gallery Center Ltd. is the developer and investor of the project, the press service said.
“We see this complex as a new, city-forming center in Lviv, a place for work, meet-ups, creativity, and a venue for family leisure on weekends. Close to it, there will be a ‘center of science for children and the youth’ and an entertainment promenade connected to Stryisky Park,” Zhenchak said.
As reported, the IT Park will occupy 10 hectares between Stryiska, Chmoly, Luhanska and Kozelnytska Streets in Lviv. The construction of the first stage of the IT Park will last about 2.5 years, which will cover about 90% of the entire project, and the first round of investment will reach $95 million. The second stage of the IT Park provides for the construction of business centers and will last about five or six years.
Six eight-storey Class A office buildings, three business centers, a hotel (5,700 square meters, 150-200 rooms), a kindergarten (2,000 square meters), a university (6,000 square meters), a health club, and a parking lot for 3,167 cars are to be built under the project.
SoftServe, N-iX, GlobalLogic, Intellias and Perfectial will be first residents of the Innovation District IT Park. They will occupy about 50,000 square meters of office space. The university block will house a department of Lviv’s Ukrainian Catholic University.
In addition, Lviv IT Cluster plans to open modern IT labs there that will be available to IT students of all Lviv-based universities.
Lviv IT Cluster is a community of IT companies in Lviv.

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UKRAINE RAISES GAS STOCKS IN UNDERGROUND STORAGE FACILITIES BY 45%

Ukraine has raised natural gas reserves in its underground storage facilities (UGS) by 3.362 billion cubic meters after the end of the heating season, PJSC Ukrtransgaz has said.
Thus, from April 8 to June 23 gas reserves in storage facilities grew by 45.2%, to 10.797 billion cubic meters from 7.435 billion cubic meters.
According to Interfax-Ukraine’s estimates, gas stocks on June 1-23 expanded by 1.231 billion cubic meters (53.54 million cubic meters per day), in May by 1.632 billion cubic meters (52.65 million cubic meters per day), April 9-30 by 500.84 million cubic meters (22.77 million cubic meters per day).
If the existing volumes of imports and current domestic production are preserved, the country will have about 11.2 billion cubic meters of reserves in storage facilities in July.
Ukrtransgaz, 100% owned by NJSC Naftogaz Ukrainy, operates the system of trunk gas pipelines and 12 underground gas storage facilities of the country with a total capacity of 31 billion cubic meters.

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UKRAINE’S STATE DEBT IN DOLLARS SHRINKS BY 1%

Ukraine’s aggregate state (direct) and government-guaranteed debt in May 2018 shrank by 1%, or $0.79 billion, to $76.26 billion, the Ukrainian Finance Ministry has said on its website.
The state debt estimated in the national currency, the hryvnia, declined by 1.4%, or UAH 27.97 billion, to UAH 1.993 trillion.