Business news from Ukraine

Business news from Ukraine

ARCELORMITTAL KRYVYI RIH INVESTS UAH 258 MLN IN KRYVY RIH

PrJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) in 2021 invested more than UAH 258 million in social initiatives in Kryvyi Rih and the region.
According to a press release on Friday, this is the company’s total contribution to large-scale projects in four areas – healthcare, education, cooperation with local communities, and the development of Kryvy Rih.
Summing up the results of 2021, CEO of ArcelorMittal Kryvyi Rih Mauro Longobardo said that the company has identified key areas for the implementation of social projects and the creation of a comfortable environment in Kryvy Rih, which is fully consistent with the development priorities of the city and local communities.
Investments in healthcare amounted to UAH 158 million, in the development of Kryvy Rih – UAH 70 million, in education – UAH 23.5 million, and in the development of local communities – UAH 7.1 million.
ArcelorMittal Kryvyi Rih is the largest manufacturer of rolled steel in Ukraine. It specializes in production of long products, in particular, rebar and wire rod.

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KIEV SIKORSKY INTERNATIONAL AIRPORT PLANS TO DOUBLE PASSENGER TRAFFIC

Kyiv Sikorsky International Airport (Zhuliany) expects a significant increase in the number of flights in 2022-2023, as a result of which it is planned to double passenger traffic, according to the airport’s website with reference to Board Chairman Denys Kostrzhevsky.
“Our forecasts for the resumption of passenger traffic came true by 98%. We celebrate the new year with pleasure from the work done in difficult 2021 and look to the future with the hope of an even greater increase in passenger traffic,” Kostrzhevsky is quoted as saying.
In his opinion, the next few years will not be easy for the airport team, since it will require considerable efforts, in particular, in connection with the planned expansion of Wizzair’s presence at the airport and preparations for a runway reconstruction in 2023-2024.
“2022 and 2023 are extremely important for us. We will have to make a lot of efforts, because we expect a significant increase in the number of flights. We plan to double our passenger traffic and actually accumulate a financial reserve so as not to lose the team during the period when reconstruction begins,” he said.
The board head also explained that reconstruction will last two years and will take place in two stages.
“In 2022, a runway reconstruction project will be approved and a source of funding for it will be found. The first stage of reconstruction is 2023. The airport staff will work as usual. During this year, aprons, taxiways and lighting equipment will be reconstructed. The second stage is 2024. We will stop the airport operation for the runway reconstruction, but we will keep all the jobs and salaries of employees. We will live on the savings that we will make in 2022-2023. After all, it is very important for me to preserve jobs, professional skills of our employees,” Kostrzhevsky said.
He also said that as a result of reconstruction, the airport’s production capacity will be increased, equipment will be updated, the quality of service and flight safety will improve, and the number of jobs will increase by a third.

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KHERSON AIRPORT RECEIVES FIRST FLIGHT AFTER RECONSTRUCTION

Kherson International Airport, where reconstruction of a runway started this year, will receive its first flight in March 2022.
According to Kherson Regional State Administration with reference to first deputy director of Kherson International Airport Anatoliy Tkach, currently the construction readiness of the facility is already 95%.
Reconstruction of the runway at the airport is part of President Volodymyr Zelensky’s Great Construction program.
Now the airport is completing reconstruction of the runway, in the near future the installation of modern lighting and navigation equipment will begin, which will allow aircraft to land in difficult weather conditions.
Repair of the fence around the airport will begin next year. In addition, a waiting room on the second floor of the airport terminal, which had not been used before, will be reconstructed. A tender for these works with an expected cost of UAH 23 million has already been announced.
According to Tkach, before the start of reconstruction, the airport received four to five flights daily. After reconstruction, it will be able to increase the capacity to 10-15 flights, including high-capacity aircraft of the 4D category.
“Due to this, the passenger traffic will increase to 500,000 passengers per year, and the airport will be able to open new air routes. Representatives of the airport are already negotiating this issue with domestic and international airlines,” the statement says.
The runway of Kherson airport has been in operation since 1985 and during this time it has never been overhauled.
As reported, earlier it was planned to complete work and resume flight services by the end of 2021.

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UKRAINE SHOULD USE EU ASSOCIATION AGREEMENT

The Ministry of Infrastructure of Ukraine considers it necessary to defend the rights of Ukraine, including by using the possibilities of the Association Agreement with the EU.
“We need to start using the Agreement with the EU as our opportunity to defend our rights in the European market. We signed the agreement not to be guilty all the time, but in order to get the right to enter the markets, to have equal rights with all European countries,” Deputy Minister of Infrastructure of Ukraine Mustafa-Masi Nayyem said during the Great Construction: Roads and Bridges forum in Kyiv on Friday.
According to him, the Association Agreement allows it to be revised in five years, as well as to sign additional agreements and protocols.
“In particular, Article 136 says that we can sign an additional agreement that will allow us to move to the transit liberalization. So that the countries with which we border cannot prohibit the delivery of our products to other EU countries. Yes, there can be a two-way relationship. But Poland, Hungary or Slovakia, for example, cannot prohibit us from delivering our products to Germany,” Nayyem said.
According to him, such actions by the EU countries are an artificial trade barrier and discrimination against Ukrainian carriers.
As reported, Ukraine plans to go to arbitration if Poland refuses to resolve the situation with the reduction of international haulage permits by the Polish side.

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CHRISTMAS WILL BE CELEBRATED NEAR KYIV ACCORDING TO THE TRADITIONS OF OUR ANCESTORS

On December, 25, 26 and 27, 2021 Ancient Kyiv in the Principality of Kyivan Rus («Kyivan Rus Park») invites you to a grandiose celebration of Christmas according to the traditions of our ancestors.
Traditional folk festivities, horse-trick performances, an interactive musical with special effects, a Christmas nativity scene, the master-classes on carol singing, the New Year’s Residence, hot drinks and tasty dishes from fire, extreme rides – all of this and much more waits for young and adult guests in the real live medieval city.
Visiting Ancient Kyiv takes place in compliance with the requirements of the quarantine regime.
Ancient Kyiv opens at 10:00. The program starts at 13:30.
The ticket price: a full adult ticket – 250.00 UAH, for pensioners and students – 150.00 UAH; for schoolchildren – 100.00 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in the vill. Kopachiv, Obukhiv district, Kyiv region. Route taxis leave from Kyiv from the «Vydybitchi» metro station.
Detailed information on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for the adult ticket (at full price) 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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UKRAINIAN FOREST AGENCY: ELECTRONIC TIMBER ACCOUNTING SYSTEM NOW MANDATORY FOR ALL COMPANIES

All timber that will not be included in the electronic timber accounting system will be considered illegal due to the adoption of instructions on the electronic timber accounting system, the press service of the State Forest Resources Agency said.
According to its press release, the relevant instructions for the timber accounting system were approved by the order of the Ministry of Natural Resources and registered by the Ministry of Justice. Electronic timber accounting is a program for monitoring harvested and sold timber.
“The delay in the adoption of the electronic timber accounting instruction lasted more than a year and a half, since the adoption of the document was extremely unprofitable for the participants in the shadow market. Now we will bring out of the shadow those processes that take place in a third of the area of Ukrainian forests,” Viktor Smal, the deputy chairman of the State Forest Resources Agency for digital development, is quoted as saying.
The agency explained the work of the electronic timber accounting system: a special tag is stuffed onto the harvested wood, in which information about the characteristics of the wood and the place of harvesting is encrypted. When timber is moved further to the warehouse, a consignment note is attached, which contains information about the transportation. All information goes to the electronic timber accounting system.
“Thus, it is possible to compare how much wood was harvested and how much sold. Wood that did not enter the system is considered illegal,” the press release said.
According to Smal, until recently, the e-wood accounting system was used exclusively by state-owned enterprises under the management of the state forestry agency, in whose jurisdiction 73% of the area of Ukrainian forests is, and there was no information on the rest of the forests in the system. While the adoption of the electronic timber accounting instruction in practice means that its use is mandatory for 100% of forest users and forest owners, all volumes of harvested and sold timber must be reflected in the system, the agency clarified. The action of the electronic consignment note applies to all forest users.

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