Business news from Ukraine

Business news from Ukraine

UKRAINIAN SKYUP CLOSES TICKET SALES TO EUROPE

SkyUp (Kyiv) has withdrawn from sale tickets for 15 routes from Kyiv and Lviv to Europe, which it planned to launch within the summer schedule.
As the company’s press service told Interfax-Ukraine, in particular, the routes from Kyiv (Boryspil International Airport) to Germany – Berlin, Hanover, Nuremberg, Hamburg, Dusseldorf, Munich and Stuttgart were removed from the ticket booking system.
In addition, the sale of tickets for routes from Kyiv to Copenhagen, Stockholm and Ostrava, as well as from Lviv to Alicante, Lodz, Bergamo, Paris and Prague is closed.
According to the company, passengers who purchased tickets for these flights through the airline’s website will receive funds for them to the balance in their personal account. They can be used to purchase any tickets or additional services of the airline. The funds will be kept on the balance sheet without time limits and can be spent in favor of any person, not only the account owner. In addition, it will be possible to withdraw money from the balance to the card.
If the ticket was purchased through an airline sales agent, one needs to contact the place of purchase to clarify the options.

,

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 15/04/21

National bank of Ukraine’s official rates as of 15/04/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF APRIL 15

Official rates of banking metals from national bank as of April 15

One troy ounce=31.10 grams

,

UKRAINIAN PRODUCERS OF ELECTRICITY FROM RENEWABLE SOURCES KEEP GROWING

Ukrainian producers of electricity from renewable sources (RES) produced 222.6 million kWh in the period from April 5 to April 11, which is 17.2% more than the previous week, while electricity consumption in the country decreased by 0.9%, to 2.86 billion kWh.
According to the recent data of NPC Ukrenergo, the average daily electricity consumption on weekdays compared to the previous week decreased by 0.4% (to 416 million kWh), and on weekends by 2.2% (to 387.4 billion kWh).
Ukrenergo, in order to balance the power system in the face of surplus, on Saturday and Sunday of April 10 and April 11, gave dispatch commands to unload RES generation with a total capacity of 4,341 GW per two days.
“One of the main reasons for this was the decrease in electricity consumption during the specified weekend by 2.2% due to seasonal warming [from plus 5 degrees Celsius, on the weekend of the previous week to plus 8.8 degrees Celsius on April 10],” Ukrenergo said on its website.
According to the company, due to the warming, the volumes of electricity production by solar power plants and wind power plants have also significantly increased during the daytime, which accounts for the “decrease” of consumption. For example, on April 10 at 10:00, the RES capacity was 2.8 GW, while on weekdays in the same week it was 1.3 GW, and on the previous Saturday, April 3 it amounted to 2.1 GW.
“To balance the power system during periods of reduced consumption and at the same time intensive generation at solar and wind power plants, the dispatch center of Ukrenergo issued all possible commands for unloading, including at the request of manufacturers within the balancing market, and all available reserves have been used, except for RES producers. Also, all possibilities for increasing consumption by operating the pumped storage power plant in pumping mode have been exhausted, the limit volumes of imports in the Integrated Power System of Ukraine have been reduced to 0,” Ukrenergo said.

, ,

THIRD STAGE OF TRIALS OF NEW ISRAELI VACCINE MAY BE CONDUCTED IN UKRAINE

The visit of the Ukrainian delegation headed by Deputy Prime Minister for the reintegration of the temporarily occupied territories of Ukraine Oleksiy Reznikov to Israel resulted in the solution of a number of important issues for the country, in particular, to overcome the COVID-19 pandemic. The corresponding statement was made by the Ambassador of Ukraine to Israel Yevhen Korniychuk on his Facebook page.
“I want to thank all the delegates for their active position in the work and significant contribution to the issue of reaching agreements in cooperation with Israel. Together, we solved a number of important issues for our country, in particular, interaction in the field of trade, investment, medicine and in overcoming the COVID-19 pandemic,” the diplomat said.
He said that an important aspect of the negotiations was the completion by Israel of the second phase of trials of its COVID-19 vaccine in mid-summer.
“The Ukrainian side proposed to conduct the third stage of testing in Ukraine with the subsequent possibility of producing a vaccine, including at our facilities. Israel is still studying this proposal and, I hope, it will be received positively. It is already clear that the pandemic of coronavirus infection will drag on for more than one year in the world. And the production of the vaccine, its availability for our citizens is a very sensitive and important issue for us,” Korniychuk said.

, ,

PRESIDENT OF UKRAINE AND BILLIONAIRE LAKSHMI MITTAL DISCUSS DEVELOPMENT OF GREEN METALLURGY

President of Ukraine Volodymyr Zelensky met with ArcelorMittal Chairman and CEO Lakshmi Mittal, where the sides discussed the development of green metallurgy and increased investment in Ukraine, taking into account environmental characteristics due to international standards. According to the presidential press service on Wednesday, the company, as the largest foreign investor in Ukraine and one of the largest steel producers in the world, will launch the Steel Billion investment program in our country, which provides for investments of almost $1 billion in the ecological modernization of steel production in Kryvy Rih.
“Investments in the Ukrainian economy and the environment are a positive signal for all investors, to whom we will provide comprehensive support,” Zelensky said.
He also pointed out the need to finish the modernization of coke-chemical, sinter and blast-furnace production as soon as possible, which are the largest pollutants. The company confirmed its readiness to complete this program by the end of 2023.
The meeting was attended by First Assistant to the President Serhiy Shefir; Deputy Heads of the President’s Office Ihor Zhovkva and Yulia Svyrydenko; Director of JSC Helios Rostyslav Shurma; CEO of ArcelorMittal CIS Vijay Goyal; CEO of JSC ArcelorMittal Kryvyi Rih Mauro Longobardo.

, ,