The European Bank for Reconstruction and Development (EBRD) plans to provide Kormotech LLC (Lviv region), a large Ukrainian producer of pet food, with a loan in the amount of EUR 10 million.
According to the EBRD, the loan could be issued to Kormotech for the construction of a pet food plant in Lithuania and the expansion of feed production facilities in Ukraine.
The bank said it would support the first cross-border investment of the Ukrainian company, consisting of the construction of a new production facility in Lithuania.
According to the EBRD, Kormotech is one of the three largest producers of pet food in Ukraine.
The EBRD could approve the decision on the loan on December 11, 2019.
As reported, Kormotech launched the construction of a feed plant in Lithuania in 2018 and plans to launch it in 2019. The planned capacity is 5,000 tonnes of wet feed per year.
Kormotech exports products to over 20 countries, including France, Estonia, the Netherlands, Slovenia, and Poland. The company’s facilities include two plants for the production of dry and wet feed in Lviv region. The company produces goods for cats and dogs under its own brands Optimeal, Club 4 Paws.
The ultimate beneficiaries of Kormotech are Olena and Rostyslav Vovk.
Motor Sich airline cancels most flights from Kyiv to Odesa and Lviv, focusing on flights from Zaporizhia to Kyiv and Minsk (Belarus).
According to the airline’s Facebook page, flights to Kyiv will be operated twice a day, to Minsk four times a week.
The airline said flights from Kyiv to Odesa and Lviv were canceled from November 9 to December 20. At the same time, the number of flights from Zaporizhia to Kyiv and Minsk doubles.
Motor Sich airline is a structural subdivision of PJSC Motor Sich (Zaporizhia), an enterprise developing, manufacturing, repairing and servicing aircraft gas turbine engines for airplanes and helicopters, as well as industrial gas turbine units.
Currently, the airline operates a fleet of nine aircraft, carrying out regular passenger international and domestic flights, passenger and cargo charter flights, as well as special flights that support the operations of the main company.
The airline’s base airport is Zaporizhia International Airport.
AIRLINE, KYIV, LVIV, MOTOR SICH, ODESA
The Irish low cost carrier Ryanair (Dublin) from January 16, 2020 opens direct flights from Kharkiv to Budapest (Hungary).
According to the press service of Kharkiv International Airport, flights will be operated twice a week on Thursdays and Sundays. The flight duration is two hours and ten minutes.
The cost of a one-way ticket without baggage starts from UAH 468.
As reported, on June 1, 2020 Wizz Air intends to launch flights from Kharkiv to Budapest.
Ryanair entered the Ukrainian market in 2018. During the first months, the low-cost carrier operated flights from Boryspil Airport and Lviv. In June 2019, the airline began operating flights from Kharkiv and Odesa, then announced flights from Kherson.
Ryanair daily carries out more than 2,000 flights to/from 236 airports. In the past financial year, the company transported 130.3 million people. Its fleet has 460 Boeing-737 aircraft. In 2020, Ryanair intends to increase passenger traffic on Ukrainian flights by 33%, to more than 2.1 million people.
FFHL Group Ltd., a subsidiary of Fairfax Financial Holdings Limited (Canada), a financial services holding company headquartered in Toronto (Canada), on November 6, 2019 acquired a controlling stake in Universalna insurance company (Kyiv), according to the insurer’s website. The company also reports that as a result of the transaction, no changes are planned in the operating activities of Universalna insurance Company, and all insurance contracts remain valid in accordance with the conditions under which they were concluded.
In addition, under this agreement, no additional actions are required from the clients or partners of Universalna, and the company continues its operations.
As reported, at the beginning of October 2019 FFH Ukraine Holdings LLC (Kyiv) announced its intention to acquire 136.021 million shares, or 70.58% of the charter capital of Universalna insurance company. It was planned to purchase shares at a nominal value of UAH 1 per share.
Universalna insurer was founded in 1991. It specializes in providing services in the field of risk insurance. It offers services on 42 types of insurance, the regional network has more than 300 sales points throughout Ukraine.
On November, 9-th and 10-th a show-program “The World of Horses” will take place in the «Kyivan Rus Park».
An interesting program with horse shows, live vocal, theatrical performances on historic theme, traditional Slavic funs will be waiting for the guests. Also the guests will be presented a historical horse breeds collection from all over the world in the Princely stable.
Ancient Kyiv opens at 10:00. The program starts at 13:30.
The ticket price: a full adult ticket – 190 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Route taxis leave from Kyiv from the «Vydybitchi» metro station.
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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