Business news from Ukraine

Business news from Ukraine

UKRZALIZNYTSIA OPENS WAREHOUSE IN LVIV

Ukrzaliznytsia will take humanitarian cargo to its warehouse in Lviv for further shipment by rail to Kyiv, Kharkiv, Dnipro, Zaporizhia and Odesa.
“The priority types of cargo are medicines, hygiene products, long-term storage food, clothing, bottled water, baby products [food, diapers, etc.], sleeping bags and mats,” Ukrzaliznytsia said on the Telegram channel.
The company asks to provide goods in whole packages, preferably on pallets.
Cargoes are accepted at the address: Lviv, 2 Shyroka Street.

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PHILIP MORRIS SENDS OVER 500,000 PACKS OF CIGARETTES TO UKRAINIAN ARMY

The U.S. tobacco company Philip Morris handed over 500,000 packs of cigarettes to the Ukrainian army, MP from the Servant of the People party Danylo Hetmantsev has said.
“Philip Morris donated 500,000 packs of cigarettes to help the army! Lviv Tobacco Factory and JT International Ukraine also handed over cigarettes to the military today in all regions where there are logistics warehouses,” Hetmantsev wrote in Telegram.

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EUROPEAN PARLIAMENT VOTED “YES” TO EC TO GRANT UKRAINE STATUS OF EU CANDIDATE

The European Parliament voted “yes” to a resolution calling on the institutions of the European Union to work towards granting Ukraine the status of an EU candidate, thus recognizing Ukraine’s European perspective.
The corresponding document was voted on Tuesday as part of an extraordinary meeting of the European Parliament. Some 676 voted, of which 637 gave their affirmative votes, 13 were against, and 26 abstained.
The European Parliament calls on the EU institutions to work towards granting Ukraine candidate status for the EU in accordance with Article 49 of the Treaty on European Union and on merit basis, and in the meantime continue to work towards its integration into the EU single market in accordance with the Association Agreement, the resolution says.

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NOMINATION FOR GAS TRANSIT VIA UKRAINE ON MARCH 2 STILL HIGH

The first published nomination for gas transit across Ukraine on March 2 is 108.8 million cubic meters, according to Gas Transmission System Operator of Ukraine data.
In other words transit capacity utilization will again be high. The nomination is adjusted throughout the day and that for Monday is currently 109.3 mcm.
European buyers have requested more gas from Gazprom after sanctions against Russia sent gas prices soaring: gas is trading at $1,332 per thousand cubic meters at the TTF hub.

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UKRAINIAN PRESIDENT PLANNING TO MAKE DECISION ON SECOND ROUND OF TALKS WITH RUSSIA

The talks with Russia have not brought the results desired by Ukraine just yet, Ukrainian President Volodymyr Zelensky said in a video address on Monday night.
“There is no result desired by us just yet. Russia declared its position, and we made an argument in order to stop the war. We received certain signals. When the delegation returns to Kyiv, we will analyze what we have heard and will decide how to proceed to the second round of negotiations,” Zelensky said.

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HUNGARIAN LOW-COST WIZZ AIR CANCELS FLIGHTS TO UKRAINE

The Hungarian low-cost airline Wizz Air has canceled all flights to Ukraine until March 27, the relevant information is contained in the airline’s booking system. According to it, the first flights available for sale to the company’s destinations from/to Ukraine are on Sunday, March 27.
Ticket holders before this date received an offer from the company to exchange them for flights with a later date, return the money or put them on an annual deposit for the purchase of tickets in the future with a 20% surcharge.
As reported, Wizz Air has suspended flights to Ukraine since February 24, when a full-scale Russian invasion of the country began. In addition, until March 4, the airline also refrains from flights to the capital of Moldova, Chisinau, instead performing them to the Romanian airport Iasi.
Wizz Air also said that it is working on the evacuation of its aircraft and employees with families from Ukraine.
According to Interfax-Ukraine, about three aircraft of the company remained at the Kyiv airport, which did not have time to take off from Kyiv on the morning of February 24.

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