PrJSC Kyivoblenergo has stated DTEK had gained control over the company, having received relevant information from the Agency for the Development of the Ukrainian Stock Market Infrastructure.
In addition, according to reports on the website of the regional energy company, the supervisory board of the company at a meeting on May 24 fired the board headed by Volodymyr Cherniavsky.
New members of the board have not been elected, but it is absent DTEK-controlled power grid companies, while the director general is in charge of operative management.
The Ukrainian airline SkyUp from May 25, 2019 started servicing regular flights from Kharkiv and Zaporizhia to Barcelona (Spain).
Regular flights on the Kharkiv-Barcelona and Zaporizhia-Barcelona routes will be operated twice a week: on Wednesdays and Saturdays. These are the first direct flights from Kharkiv and Zaporizhia to Barcelona.
The cost of one-way tickets for the flight from Kharkiv starts from UAH 2,900.
In addition, in summer, SkyUp will also operate charter flights from Kharkiv to Sharm el-Sheikh (Egypt), Tivat (Montenegro), Monastir (Tunisia) and Antalya (Turkey).
Along with flights to Barcelona, in the coming months, the airline will launch regular flights from the Kharkiv International Airport to five destinations at once: June 2 to Odesa and Rimini (Italy), June 4 to Kutaisi (Georgia), June 6 to Larnaca (Cyprus), and on June 11 to Paris (France).
The airline also said that flights to Barcelona from Odesa will be operated during the summer navigation period – from May 25 through October 26. The one-way ticket price starts from UAH from 2,500.
SkyUp Airline LLC was registered in Kyiv in June 2016. The founder of SkyUp was ACS-Ukraine belonging to Tetiana Alba and Yuriy Alba, who also own JoinUp! tour operator.
Delta Wilmar is buying the Chumak food producer from Dragon Capital.
“Chumak is one of the largest food producers in Ukraine. Delta Wilmar is buying the entire company,” Delta Wilmar CEO Yuri Golyanich said in an interview with Interfax-Ukraine.
Details of the transaction will be known early this week.
According to the information on the website of the Antimonopoly Committee of Ukraine, the regulator agreed on the purchase of Flottotrade Limited by Crestone Investments Limited (both from Cyprus).
Crestone Investments owns Chumak subsidiary LLC. The ultimate beneficiary is the head of Dragon Capital Tomas Fiala.
Chumak is the largest producer of food products: canned vegetables, sauces, ketchups, pasta, mayonnaise, desserts. The company also produces products for retail chains and HoReCa under the private label.
The volume of services rendered by enterprises in Ukraine in January-March 2019 amounted to UAH 215.2 billion, which in comparable prices is 2.7% more than the level of the same period in 2018, according to the State Statistics Service of Ukraine.
According to its data, the volume of services rendered to the population was 21.1% of the total volume of services provided.
The authority recalled that in January-March 2018, the volume of services rendered by enterprises in Ukraine grew by 3%, in April-June 2018 – by 5.8% and in July-September 2018 – by 4.8%.
The volume of construction work performed in Ukraine in April 2019 increased by 29.4% compared with April 2018, while the indicator in March 2019 compared with March 2018 rose by 29.7%.
The State Statistics Service said that the data are given excluding the occupied territory of Crimea and the temporarily uncontrolled territories in Donetsk and Luhansk regions.
According to the agency, the volume of construction work performed in April 2019 decreased by 4.1% compared with March 2019 (according to seasonally adjusted data by 3.2%), while in March 2019 it grew by 3% compared with February 2019.
According to the report, in April 2019 compared with April 2018 the volume of construction work decreased only in residential construction and in engineering – by 3.1% and 44.5% respectively.
Nonresidential construction in April 2019 rose by 41%.
The European Bank for Reconstruction and Development (EBRD) has recommended recommending the postponement of the wholesale electricity market opening in Ukraine, since the current state of groundwork for its implementation is not complete and the detailed regulatory and technical infrastructure required for a successful market is not yet in place.
According to a press release of the bank, on this basis, launching the new market on 1 July is likely to cause market malfunctioning and, therefore, be counterproductive to the interests of Ukrainian consumers and market participants.
“A postponement of the market opening should be, however, accompanied by a clear action plan of sequenced steps that would ensure its smooth introduction,” the bank said, adding that the EBRD is ready to offer all of its support in ensuring that this delay is as short as possible.
The EBRD said that the bank strongly endorse the introduction of a liberalized, competitive wholesale market in the power sector as the best route to deliver the highest possible efficiency in the generation of electricity.
