Business news from Ukraine

Business news from Ukraine

LVIV AIRPORT SEES 47% RISE IN PASSENGER FLOW

The Lviv International Danylo Halytsky Airport in January-November 2018 increased passenger flow by 47.1% year-over-year, to 1.468 million people, the airport has reported on its official Facebook page.
At the same time, the number of flights in January-November 2018 increased 28.3%, to 14,148 (11,000 a year ago).
According to the results of the airport in November 2018, 124,900 passengers (109,100 international and 15,800 domestic) took advantage of the air traffic, which is 57.1% more than in November 2017 (79,500).
The number of flights serviced in November reached 1,235 (1,035 international and 200 domestic), which is 31.4% more than in November last year (940).
As reported, the Lviv airport in January-October 2018 increased passenger traffic by 46.3%, to 1.343 million people.
Lviv International Danylo Halytsky Airport is located 6 km south from the city center.
The main international routes serviced by the airport are Warsaw, Istanbul, Munich, Vienna, Baku, Thessaloniki, Madrid, Rome, Tel Aviv, Bologna, Radom, Iraklion, Minsk, and Burgas.

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EXPORTS OF UKRAINIAN AGRICULTURAL PRODUCTS TO EU 1.3% UP

Ukrainian agricultural exports to the European Union countries in January-October 2018 grew by 1.3% year-over-year, to $4.7 billion, according to a posting on the website of the Agricultural Policy and Food Ministry of Ukraine.
According to the report, over the period foreign trade flow with agricultural goods and food between Ukraine and the EU countries rose by 7.15, to $6.9 billion.
“The EU countries are extremely important partners for Ukraine in terms of trade and economic relations in the agro-industrial sector. The pace of bilateral trade in agricultural and food products confirms this. The EU’s share of the regional structure of Ukrainian agricultural export in January-October 2018 is 31.6%,” Deputy Minister of Agrarian Policy and Food for European Integration Olha Trofimtseva said.
According to her, the Netherlands ($865,500), Spain ($713,600), Italy ($583,700) and Poland ($535,300) became the largest importers of Ukrainian agricultural products among the EU countries in January-October.
“During this period, Ukrainian producers increased exports of a number of products to EU markets. First of all, these are rapeseed, meat and edible poultry byproducts, wheat, corn, dried leguminous vegetables, nuts, confectionery goods made from sugar, rapeseed or mustard oil, chocolate and other products,” Trofimtseva said.
The deputy minister said that imports of European goods showed an increase over the specified period and amounted to almost $2.2 billion. In January-October 2018, Ukraine imported from the EU countries tobacco and products from it, chocolate and cocoa beans, animal feeding products, meat and byproducts, alcoholic beverages, grain products and cereals and other products.

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WEEKLY CHANGES IN RETAIL FUEL PRICES IN UKRAINE

Average retail prices for petrol and diesel fuel in Ukraine in the period from November 23 to November 30, 2018 fell by 0.85-1.03%, while prices of LPG by 2.41%, according to data from the A-95 Consulting Group (Kyiv).
As reported, in 2017, average retail prices for petrol in Ukraine increased 19.2-20.1% (UAH 4.61-4.76 per liter), and for diesel fuel 22.6% (UAH 4.84 per liter). At the same time, average prices for liquefied petroleum gas (LPG), despite a sharp increase in August due to deficit, showed an increase of only 2.9% for the year (by UAH 0.36 per liter).
Changes in average retail fuel prices UAH per liter in Ukraine:

©Source: A-95 Consulting Company

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UKRENERGO INSTALLS NEW AUTOTRANSFORMER WITH MODERN MONITORING SYSTEM

National Energy Company Ukrenergo has launched second 750/330 kV 999 MVA autotransformer at the Kyivska 750 kV substation, the press service of the enterprise has reported.
The press service said that the new AT-1 has the SERGI modern monitoring and fire protection system. The monitoring system allows remotely monitoring the main modes of operation of the AT-1, generates warning and alarm signals regarding the limiting modes of its operation, allows tracking the technical condition of the autotransformer and, if necessary, taking measures in a timely manner.
The project to install the second autotransformer at the Kyivska substation was implemented by Ukrenergo together with the Croatian company Dalekovod at the expense of loan funds from the European Investment Bank and the European Bank for Reconstruction and Development.
According to Deputy Director for Operational Management, Chief Dispatcher of Ukrenergo Vitaliy Zaichenko, the establishment of the second autotransformer reduced the load on the existing 750/330 kV autotransformers in Kyiv region, which, in turn, increases the reliability of power supply to Kyiv region and city.
“After the completion of the construction of diversions of the Chornobyl NPP-Kyivska and Pivnichna-Kyivska 330 kV transmission lines, which will connect the Kyivska 750 kV substation to the 330 kV networks of the Kyiv energy complex, this substation will provide 1 GW of additional power to the Rivne and Khmelnytsky NPPs. This will reduce the dependence of consumer power on the generation of Kyiv’s combined heat and power plant five (CHPP) and CHPP six, which burn gas. It will increase the reliability of energy supply and give a new impetus to the industrial and economic development of Kyiv region,” he said.
Ukrenergo operates trunk and interstate transmission lines, as well as centralized dispatching of the country’s integrated power grids. Ukrenergo is a state-owned enterprise under Ukraine’s Ministry of Energy and Coal Industry, but it will be transformed into a private joint-stock company soon.

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