Business news from Ukraine

Business news from Ukraine

ANTONOV WANTS TO DEVELOPE AN-148 REGIONAL AIRCRAFT PROGRAM

The transfer of An-148-100 aircraft, previously operated by other airlines, to Ukraine has a positive effect for Antonov state-owned enterprise, Viktor Kazurov, the program director for An-148 and its modifications, said.
“For Antonov state enterprise, this is a new stage in the development of the regional passenger aircraft program, which will have a positive effect on their production,” he told Interfax-Ukraine, commenting on the recent statement by Sergei Turkin, the director of the Voronezh leasing company Ilyushin Finance Co, about the intention, as part of a civil aircraft remarketing strategy, to sell its remaining five An-148s, possibly to Ukrainian operators.
According to Kazurov, the use of An-148-100 by Ukrainian airlines will allow Ukrainian citizens to travel even from small regional airports with the level of comfort and speed of mainline liners, and the planes themselves will fly, not stand idle.
The director of the An-148 aircraft program positively assessed the appearance in Ukraine at the end of October of this year of a new airline Air Ocean Airlines, whose fleet includes An-148s.
“This airline appeared at the right time and in the right place. It is developing an actively growing niche of regional transportation,” he said.
Kazurov recalled that Air Ocean Airlines passed state certification on October 23, and on October 30 it made its first flight on the route Kyiv (Zhuliany)-Mykolaiv-Kyiv. Then in November the company opened flights from Kyiv to Zaporizhia, Lviv, Chernivtsi, and in December it connected Lviv and Kharkiv.
“We welcome the arrival of this company to the Ukrainian market, which contributes to the development of regions, the creation of new jobs, the promotion of An-148 aircraft. Before the New Year, Air Ocean Airlines plans to establish air traffic between Lviv and Zaporizhia, as well as Kyiv and Kharkiv. Antonov provides comprehensive support to the operator and resolves emerging issues as soon as possible,” the expert emphasized.
Kazurov clarified that Air Ocean Airlines plans to receive three or four more aircraft in the first half of 2022, and in the future to bring the fleet to ten aircraft of the An-148/158 type.

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ECOPROD PAYS UAH 30 MLN OF DIVIDENDS

PrJSC Ecoprod (Volnovakha, Donetsk region) will pay dividends following its work performance in 2020 in the amount of about UAH 30 million or UAH 173,415 per share.
The relevant decision was made by the company’s shareholders at an extraordinary meeting on December 18, having sent part of the net profit of UAH 175.145 million received last year to dividends, according to the information on the company’s website.
The rest of the profit will be directed to the expenses provided for by the company’s financial plan for 2021, the documents said.
According to the company’s information, its revenue over nine months of this year increased by 23.2% y-o-y , to UAH 409.82 million, and net profit – by 2.6 times, to UAH 135.6 million.
In production over nine months of this year, the main share fell on sunflower (35.54%), wheat (24.12%) and milk (18.42%), and in sales volume – on wheat (35.54%), sunflower (24.12%) and milk (18.42%).
PrJSC Ecoprod is engaged in plant growing and animal husbandry in Volnovakha district of Donetsk region. It produces dairy products, flour, cereals and compound feed.

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UKRAINE HAS 7,312 NEW CASES OF COVID

Ukraine has registered 7,312 new cases of COVID-19, as well as 16,521 recoveries and 275 deaths in the past 24 hours, the Ukrainian Health Ministry said on Thursday.
“Over the past day, December 22, Ukraine has recorded 7,312 new cases of COVID-19 (including 585 children and 182 medical workers), while 117,443 people have been vaccinated for COVID-19, among them 39,071 who received their first shot of a vaccine, 78,101 who completed their vaccination, and 271 who received a booster shot. In the past 24 hours, 1,691 persons have been hospitalized, 275 have died, and 16,521 have recovered,” the ministry said on Telegram.
Since the beginning of the pandemic, Ukraine has seen a total of 3.630 million coronavirus infections, including 3.393 million recoveries and 94,184 deaths.
As of this date, 14,500,520 people have been vaccinated for COVID-19 in Ukraine, among them 14.501 million who have received their first shot of a vaccine, 13.220 million who have completed their vaccination, and 596 who have received a booster shot. As many as 27.721 million shots have been administered to date.

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THREE BORDER GUARD HELICOPTERS FLY FROM FRANCE TO UKRAINE

Three new AIRBUS H125 helicopters for the State Border Guard Service arrived in Lviv from France on Wednesday, December 22, the Ministry of Internal Affairs has said.
“Today, three helicopters arrived in Lviv. And if the weather conditions permit, then tomorrow, December 23, they will fly to the capital,” the ministry said.
It is noted that they have modern powerful equipment for detecting and suppressing offenses at the state border. The helicopters are equipped with an optoelectronic surveillance system that allows monitoring, including in infrared mode.
“The helicopters are also equipped with a warning system with loudspeakers and specialized aviation searchlights, which can be used synchronously with the optical-electronic surveillance system,” the Interior Ministry said.
According to the Ukrainian-French contract, the Ukrainian border department already has seven H125 helicopters from the French company Airbus Helicopter. The first four helicopters arrived in Ukraine in January 2020 and November 2021.
In total, within the creation of the Unified System of Aviation Security and Civil Protection in Ukraine, the State Border Guard Service should receive 24 new N125 helicopters.

UKRAINE INTERNATIONAL AIRLINES PLANS TO EXPAND FLEET IN 2022

Ukraine International Airlines (UIA, Kyiv), according to the financial strategy proposed by the company’s management, expects an increase in passenger traffic by 34% in 2022 compared to 2021 – up to 4.3 million people, while the number of flights should increase by 30% – to more than 37,000 per year.
According to the press service of the company, the corresponding indicators are included in its budget for 2022, which was approved by the supervisory board the day before.
The airline’s management focuses on the dynamic increase in the volume of regular passenger traffic in 2022, respectively, laying down a decrease in charter programs – to minus 34%. As for cargo and mail, UIA plans to increase the traffic dynamics by almost 36% compared to 2021.
“The budget stipulates that 2022 will be the year of expansion of the UIA fleet after the forced reduction in 2020-2021, as well as the return of long-haul Boeing-777 aircraft to its fleet. The supervisory board confirmed the restart of long-haul flights – New York, Toronto, Delhi. We are also preparing for the resumption of the hub operation at Boryspil airport (Kyiv) with three expansion waves. In general, the restart of the UIA network should be 60% of the pre-crisis 2019 indicator,” CEO of the airline Yevhen Dykhne is quoted as saying.
Currently, the UIA fleet consists of 25 aircraft.

UTILITY TARIFFS IN UKRAINE COULD JUMP – OPINION

The Ukrainian government has taken a number of systemic measures to avoid a sharp rise in tariffs for housing and utility services amid rising energy prices in the world, Deputy Head of the Office of the President of Ukraine Rostyslav Shurma has said.
According to a posting on the website of the Office of the President on Wednesday, he said that some adjustments of some tariffs are possible within the inflation expectations of 10-11%, including tariffs for gas distribution and delivery, but the price of gas for households will not increase during the current heating season.
“The government has provided large funds to keep gas tariffs for households at last year’s level – below UAH 8 per cubic meter. The government has also allocated funds to provide preferential gas to municipal heating companies, so that households can receive heating at almost last year’s prices,” Shurma said.
According to Shurma, the government also managed to keep electricity prices for the population from rising this year and even cut them for some categories of consumers.
He said that the increase in tariffs for the supply or distribution of electricity for regional power companies will not in any way affect the cost of electricity for households.