Business news from Ukraine

Business news from Ukraine

UKRAINIAN RDS GROUP WANTS TO ENTER EUROPEAN MARKETS

The RDS road construction group invested almost UAH 170 million in the upgrade of its machinery fleet in 2019 and ready to enter the road construction markets of Poland and Romania, the co-owner of the group, Yuriy Shumakher, has said.
“The acquisition of modern machines, mechanisms and vehicles cost the company UAH 167.16 million. For several years now, we have been investing annually about $8 million in the renewal of our fleet of road machines,” he said in an interview with Interfax-Ukraine.
According to him, in 2019 the company’s fleet was expanded with 114 units of road machines and equipment.
Shumakher said that RDS uses its own funds, funds borrowed from Ukrainian banks and leasing companies to upgrade its fleet. Also, part of the equipment is bought through financing of manufacturing companies such as Wirtgen and Zeppelin.
The co-owner of the group said that RDS purchases mainly foreign equipment from leaders in modern engineering.
“We have ambitions to participate in tenders abroad,” Shumakher said.
According to him, unlike Ukraine, tenders in Europe have very strict criteria and a mandatory requirement, in particular, is experience in the European Union for at least three to five years.

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UKRAINE AND TURKEY AGREE TO SIGNIFICANTLY EXPAND REGULAR FLIGHTS

The aviation authorities of Ukraine and Turkey have agreed to significantly expand regular flights, Ukraine’s Ministry of Infrastructure has said.
“Based on the results of successful negotiations at the level of the aviation authorities of Ukraine and Turkey, regular flights with the Republic of Turkey were substantially expanded. The weekly frequency for passenger transportation on most routes was almost doubled. The limit on the number of flights was removed for the Odesa-Istanbul route. Cargo transportation is also without restrictions,” Minister of Infrastructure Vladyslav Krykliy said.
According to him, now 11 cities of Ukraine have the opportunity of direct air communication with Turkey, namely Kyiv, Odesa, Kherson, Mykolaiv, Kharkiv, Dnipro, Lviv, Chernivtsi, Vinnytsia, Ivano-Frankivsk, and Zaporizhia.
“This is an impetus for the development of regional airports. Thanks to the State Aviation Administration for a good work. We are not resting on our laurels. We are confidently stepping west towards the Open Sky,” the minister said.
The minister also emphasized that the expansion of regular international and domestic flights to/from Ukrainian cities is an important part of the integrated development of the aviation industry in Ukraine.
“We liberalize international air transportation, modernize regional airports, create equal conditions for airlines to enter and develop a transparent and competitive market for passenger and cargo transportation by air,” Krykliy said.

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MASLENITSA WILL BE CELEBRATED NEAR KYIV ACCORDING TO ANCIENT TRADITIONS

If you are tired of the gloomy winter and waiting very much for the spring sun come to the «Kyivan Rus Park» to the biggest celebration of Maslenitsa in Ukraine on February, 29 and March, 1 2020.
The horse performances, ancient rites, burning large scarecrows, tasty pancakes with different fillings and various dishes prepared on open fire, gifts on the Maslenitsa`s post, traditional Slavic round dances and amusements, horse riding, master-classes, extreme rides, museums and expositions will be waiting here for the guests. In the evening – a spectacular fire program with shooting fire balls from the enormous Trebuchet and on Saturday – also a fire show.
And all of this in a real, live medieval city!
Ancient Kyiv opens at 10:00, the program starts at 13:30.
The ticket price: a full adult ticket – 250 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv opens at 10:00. The program starts at 13:30.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Route taxis leave from Kyiv from the «Vydubychi» metro station.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 25/02/20

National bank of Ukraine’s official rates as of 25/02/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF FEBRUARY 25

Official rates of banking metals from national bank as of February 25

One troy ounce=31.10 grams

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KYIVSTAR SUBSCRIBERS DOUBLE USE OF MOBILE INTERNET IN ROAMING

The subscribers of Kyivstar mobile operator in 2019 used twice as much mobile Internet in roaming as in 2018, the company has said.
On average, one subscriber used abroad 550 megabytes and 16 minutes for calls in roaming.
In general, the number of Kyivstar subscribers who used roaming last year, according to the operator, grew by 18% compared to a year earlier.
The ranking of countries popular among Ukrainian tourists was led by Poland, followed by Turkey, Germany, Italy, and Egypt.
“Some 65% of all Kyivstar travelling subscribers visited the European Union,” the company said.
In 2019, the operator worked on expanding 4G Internet in roaming for its customers: high-speed 4G mobile Internet from Kyivstar can be used in 61 countries of the world, including all popular tourist destinations.