Business news from Ukraine

UKRAINE WANTS TO BROADEN COOPERATION WITH G7 MEMBER STATES

Ukraine is ready to broaden cooperation with G7 member states on many issues, ranging from security to gender equality, Ukrainian Prime Minister Volodymyr Groysman told Canadian Foreign Minister Chrystia Freeland at a meeting. “We are grateful for the support for Ukraine at talks with international partners and for measures to counter the Nord Stream 2 gas pipeline project,” the government’s website cited Groysman as saying.
Groysman and Freeland met on the sidelines of the second Ukraine Reform Conference in Copenhagen during the Ukrainian prime minister’s visit to Denmark. The sides signed a bilateral energy cooperation document, in particular, with participation of Canada’s ICORE NFP.

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IRISH RYANAIR TO LAUNCH FLIGHT FROM KYIV TO POLAND’S BYDGOSZCZ IN OCTOBER

Ryanair, the largest European low-cost airline, will launch a new flight from Kyiv to Bydgoszcz, the administrative center of Poland’s Kuyavian-Pomeranian Voivodeship, on October 31.
“+1 Ryanair flight from Boryspil to Poland as soon as this fall. In total, there are 17 directions handled by this company between Ukraine and the EU, and this fall there will be pleasant surprises from Europe’s No. 1 carrier!” Ukrainian Minister of Infrastructure Volodymyr Omelyan wrote on Facebook on June 26.
According to Ryanair’s booking system, flights to Bydgoszcz will be carried out twice a week – on Wednesdays and Sundays. Currently, prices start from EUR22 (one way).
Taking into account this route, Ryanair offers flights from Kyiv to six Polish cities and one destination to Germany, Spain, Lithuania, Slovakia, the United Kingdom and Sweden each, as well as two routes from Lviv to Germany and Poland each, and one to the United Kingdom.

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PEUGEOT CITROEN UKRAINE TO LAUNCH DISTRIBUTION OF OPEL CARS IN UKRAINE FROM 2019

The centralized operational management of sales and servicing of Opel cars in Ukraine from January 1, 2019 will be transferred to the official importer of the PSA group in Ukraine – Peugeot Citroen Ukraine LLC.
Ukraine will be the first market in Eastern Europe where Opel will launch activities “under the wing” of the PSA, the importer said in a press release on Monday, June 25.
The company notes that after the acquisition of the Opel brand in 2017, the PSA group began implementing a new strategy for the development of the brand in the European and world markets. The new stage of development of Opel in Ukraine corresponds to the strategic “PACE!” plan, which will restore the financial framework of the brand, improve competitiveness indicators and accelerate the growth of the Opel company.
“The automotive market of Ukraine retains a high potential for further growth, which makes it a good platform for a new stage in the development of the Opel brand. With the new competitive products, offers in after-sales service and a competently built car dealership network, we intend not only to retain existing customers of the brand, but also to win new ones,” the press service quoted CEO at Peugeot Citroen Ukraine Viktor Kordylevsky as saying.
General Auto Group, part of the UkrAVTO corporation, was engaged in the official distribution of Opel cars in Ukraine since 2003.
Currently, the PSA’s brand portfolio includes Peugeot, Citroёn, DS, Opel and Vauxhall, and also the Free2Move car sharing trademark.
In 2018, PSA plans to boost its share on the market of new passenger cars and commercial vehicles in Ukraine to 6.2% against 4.63% in 2017. The share of Peugeot alone is expected to be 3.75%, and that of Citroёn 2.45% (2.75% and 1.88% in 2017, respectively).

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THERE IS POTENTIAL FOR POPULARIZING SQUASH IN UKRAINE – WORLD SQUASH FEDERATION CEO

The development and popularization of squash in Ukraine is promising, CEO of the World Squash Federation Andrew Shelley has stated.
“There are good squash courts in Ukraine and new ones are coming in. Your young squash federation is doing a good job, therefore you have everything. Squash in Ukraine is moving forward,” he said during his visit to Ukraine.
Shelley noted squash does not require large financial resources.
“This is a great sport, and the more people try to play it, the more will be involved,” he said.
Multiple world squash champion Ramy Ashour and six-time European champion Camille Serme visited Ukraine within the worldwide program for squash development “Ambassador WSF 2018” on June 23-24.
Coach and referee seminars, demonstration matches, thematic conferences, the sparring and training of the Ukrainian men’s and women’s squash teams with the leading world players, trainings for children from the children’s squash academy were held in Kyiv within the framework of this program.
“More than 20 million people play squash all over the world. In Ukraine their number amounts to thousands. We have room for improvement, and we really are developing. Squash is appreciated as an entertaining sport and an excellent relaxation for amateur sportsmen. We are grateful to the World Squash Federation for including our country in the program of squash popularization and teamwork,” the program coordinator, Vice President of the Ukrainian Squash Federation Maksim Urakin said.
Squash is a sport with a ball and a racket played indoors. The game is conducted by special rackets on a court surrounded by walls from four sides. In 2003 the Forbes magazine recognized squash as one of the most “healthy sports” both in terms of injury rate and the most energy-consuming sport in the world by the number of calories burned. More than 20 million people around the world play squash.

photo by Larisa Okhtienko

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