Business news from Ukraine

Business news from Ukraine

BENTLEY PLANS TO INCREASE CAR SALES IN UKRAINE BY 70% IN 2021

Bentley Kyiv, the only official dealership of Bentley Motors in Ukraine, plans to sell 63 cars in 2021, while last year it managed to sell 37 cars, Director of the center Oleksiy Kaplaty has told Interfax-Ukraine.
“In the year of the pandemic, when there was a rather difficult situation on the market, this is very indicative. Some markets, for example the European, lost their shares, but we grew and grew very strongly,” he told Interfax-Ukraine, commenting on the results of last year on the sidelines of a press conference on Wednesday held on the occasion of the debut of the Ukrainian racer Ivan Peklin at the first stage of the International GT Open.
The director said that this year there are plans to sell 48 new cars and 15 used ones. According to him, the company places great emphasis on working with used cars.
Commenting on the receipt of two awards for the best Bentley Motors dealers in Europe – Best of Sales 2020 and Best of Marketing & Communications 2020 – by Bentley Kyiv in April, Kaplaty said that this is due to a significant excess of the sales target of 30 vehicles.
The head of the dealership said that Bentley Kyiv was actively working on pricing, as a result of which they managed to make prices in the domestic market competitive: the purchase price of a car in Bentley Kyiv will be lower than that of a European dealer with its official import and customs clearance.
“This is the result of the work that we carried out with Bentley, telling about our share, our investments. Investments in this building [the largest dealership in Europe near the Boryspil airport with an area of 1700 sq. m.] is about $5.5 million. Accordingly Bentley has confidence in such partners as the Winner group of companies, Kaplaty said.
As for marketing, he said that success in this category became possible thanks to non-standard events, such as the presentation of the updated Bentley Bentayga at the Kyiv Fortress Museum.
The director of the center added that 2020, with the COVID-19 pandemic, made fundamental changes in advertising promotion, but the company was ready for this. “I can confidently say that about 40% of our budgets are focused on digital: promotion in electronic networks, social networks,” he said, pointing out that most of the traditional public events were at risk of failure or were not held.
Speaking about market share, Kaplaty said that the main goal set by Bentley in all regions is to occupy a share of at least 12% in the segment of luxury and premium cars. “As of today, according to the results of the first quarter, we hold a share of about 13%, that is, we are growing and strengthening our position,” the director of Bentley Kyiv said.
When asked about new trends for luxury brands, he said that this year the center will officially unveil two new models with hybrid engines – the Bentley Flying Spur and the Bentley Bentayga. The green and renewable materials trend is at the heart of Bentley’s 2030 strategy, he said.
Winner Group Ukraine has been operating on the Ukrainian market for over 28 years, during this time more than 140,000 cars have been sold and more than 50 dealerships have been opened in Ukraine. In August 2016, an agreement of intent was signed with the Bentley brand in Ukraine. Bentley Kyiv is the only official dealer for the sale and service of Bentley on the territory of Ukraine. The official opening of the Bentley Kyiv dealership took place on July 10, 2019.
Winner Imports Ukraine, a member of the group, is the official importer of Ford, Volvo, Jaguar, Land Rover, Porsche and Bentley cars in Ukraine, and in the third quarter of this year it intends to introduce the MG auto brand (property of the Chinese SAIC Motor) to the Ukrainian market.
Ivan Peklin is a 19-year-old pilot from Kyiv who started racing for the Italian Lazarus Team in Bentley Continental GT3 this year.
In his debut race at this year’s first International GT Open on May 15 in France, he took first place with teammate Jordan Pepper from South Africa.

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COPPOOLSE LEAVES STATE-RUN NAFTOGAZ

Head of the Naftogaz Group’s Commerce Division and Director General of Naftogaz Trading gas supplying company Willem Coppoolse has decided to leave the company, Naftogaz said in a Friday press release.
Otto Waterlander will be acting Head of the Naftogaz Group’s Commerce Division.
Iryna Zhuravliova has been appointed acting director general of Naftogaz Trading.

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AGROTON INCREASES ITS EBITDA BY 14.6 TIMES IN 2020

At the end of 2020, Agroton Agroholding (Luhansk region) increased its net profit by 2.3 times compared to 2019 – up to $11.76 million, and its EBITDA increased by 14.6 times – up to $33.04 million.
According to the company’s annual financial report on the Warsaw Stock Exchange website, its annual revenue increased by a quarter – to $67.55 million, gross profit -by 3.2 times, to $32.91 million, operating profit amounted to $26.69 million versus an operating loss of $4.30 million obtained in 2019.
The assets of Agroton last year increased by 5.1% – up to $120.34 million.

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THE MEDIEVAL COMBAT FESTIVAL «THE CALL OF HEROES»

On May, 22 and 23 in the «Kyivan Rus Park» the battle Festival «The Call of Heroes» will take place.
The best fighters of Ukraine – multiple world champions in medieval combat – will enter the Big tilting-yard and take part in real medieval battles. The sportsmen – knights in heavy metal armor will fight with real weapons made in accordance with historical models.
These will not be staged fights, but real medieval battles!
The competitions will be held according to the rules of medieval combat, in the format of single fights, «shield-sword» and group fights «5 versus 5».
The co-organizer of the competition is the All-Ukrainian Federation of Medieval Combat.
Also, the guests will be awaited by an interesting entertainment program on historical themes, horse-trick performances, ancient Slavic amusements, flash mobs, master-classes, games, contests and the drawing of gifts.
The culmination of the program will be the evening show program with fire special effects and shooting from a huge medieval missile weapon – trebuchet.
And most importantly, the competition will be held in a unique place – a real, live medieval city – Ancient Kyiv of the Хth century. The guests will see with their own eyes what Kyiv was like a thousand years ago, and how the life of our ancestors really was during the Middle Ages.
The program will pass in compliance with the quarantine measures.
Ancient Kyiv opens at 10:00. The program will start around 13:30.
* The program may change
Ancient Kyiv is located in a 45-minutes` drive from modern Kyiv – Kyiv region, Obukhiv district, the vill. Kopachiv.
You can get by your own car or by public transport. The schedule of route taxis check on the «Obukhivtrans» website or on the «Kyivan Rus Park» website in the «Contacts» section.
The ticket price: a full adult ticket –250 грн., for pensioners and students – 150 грн., for schoolchildren – 100 грн., for preschool children – for free.
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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UKRTRANSNAFTA REDUCES OIL TRANSIT BY 8%

Oil transit through the territory of Ukraine by pipeline transport to European countries and Belarus in January-April 2021 decreased by 8.3% compared to the same period in 2020, to 3.848 million tonnes, according to the data of JSC Ukrtransnafta.
According to the calculations of the Interfax-Ukraine agency, in particular, transit in the direction of Budkovce (Slovakia) amounted to 2.656 million tonnes (6.4% less from January-April 2020), Fenyeslitke (Hungary) – 832,000 tonnes (less by 24.4%), Mozyr (Belarus) – 359,600 tonnes (more by 37.5%).
The volume of oil transportation to refineries of Ukraine for the four months of 2021 amounted to 729,700 tonnes, which is 12.7% less than in January-April 2020. In particular, oil transportation along the Odesa-Kremenchuk route amounted to 284,300 tonnes (less by 20.8%).
Thus, in January-April 2021, the total transportation of oil through the company’s pipelines amounted to 4.578 million tonnes (less by 9.1%). The share of transit volume in it is 84.1%, pumping to the country’s refineries – 15.9%.
In April 2021, oil transit through Ukraine by pipeline transport increased by 18.4% compared to the same month in 2020, to 888,700 tonnes, in particular to Budkovce – 670,000 tonnes (more by 23.5%), Fenyeslitke – 129,700 tonnes (less by 37.6%), Mozyr – 89,000 tonnes (more by 100%).
Pumping at Ukrainian refineries last month decreased by 16.6%, to 203,700 tonnes.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 21/05/21

National bank of Ukraine’s official rates as of 21/05/21

Source: National Bank of Ukraine