Business news from Ukraine

Business news from Ukraine

HUNGARY’S LOW-COSTER WIZZ AIR TO LAUNCH FLIGHTS FROM KHARKIV, LVIV TO BUDAPEST

Hungary’s low-cost airline Wizz Air has announced its plans in June 2020 to launch direct flights from Kharkiv and Lviv to Budapest (Hungary). According to a posting on the official page of the airline in the Facebook social network, the possibility of servicing the respective flights will appear thanks to the allocation of another state-of-the-art Airbus A321neo aircraft at the airline’s base in Budapest.
From Kharkiv the flights will be launched on June 1, 2020. According to a posting on the Kharkiv International Airport in the Facebook social network, they will be performed on Mondays and Fridays. The fare starts from UAH 289 (without luggage).
The launch of the flights from Lviv is scheduled for June 3, 2020. They will be performed on Wednesdays and Sundays. The fare starts from UAH 289 (without luggage), according to a posting on the Facebook page of the Lviv International Airport.

JYSK FROM DENMARK PLANS TO BOOST SALES IN UKRAINE

Jysk Ukraine LLC (Kyiv), developing the JYSK furniture and household goods store chain of Jysk Group (Denmark), plans next fiscal year (September 1, 2019 – August 31, 2020) to boost sales in Ukraine by 20% compared with the previous year figure. “We plan sales growth in the next fiscal year by 20% thanks to better service, better range of products choice and prices. In this case, we are talking only about growth in comparative stores. Plus, there is a plan to open 12 new stores,” Jysk Executive Director Yevhen Ivanitsa told Interfax-Ukraine.
According to him, the net sales growth (for comparative stores) of the network in Ukraine in 2018/2019 fiscal year amounted to 23.6%. In general, according to the results of the year, the gross increase in the network’s turnover amounted to more than 45%, being more than UAH 2 billion. Payment of taxes grew by a third, to UAH 200 million.
According to Jysk, last year the network expanded by 12 outlets and now has 54 stores in 25 cities of Ukraine.

PRESIDENT OF UKRAINE OBLIGES CABINET OF MINISTERS TO SIMPLIFY PROVISION OF PUBLIC SERVICES

President of Ukraine Volodymyr Zelensky has instructed the Cabinet of Ministers to ensure a gradual transfer of certain public services to an electronic form, simplify the procedure of their provision and introduce an effective control mechanism.
According to presidential decree No. 647/2019 of September 4 on some measures to ensure the provision of high-quality public services, the government should introduce new approaches to the establishment and operation of administrative service centers, in particular, switch the provision of administrative services in regional and district state administrations to the administrative service centers of local self-governance bodies on the basis of the co-financing by the state of relevant expenses with the provision of an appropriate network of these centers and the availability of such services with the subsequent elimination of the obligation to form such centers at district state administrations. In addition, to send part of payment for the provision of administrative services for the logistics of the centers and remuneration to the administrators of such centers.
The document also raises the question of the appropriateness of the further provision of administrative services by state and municipal enterprises. It is proposed to resolve the issue of payment for administrative services by introducing uniform principles for determining the size of administrative fees for the services, the procedure for its payment and use.

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UKRAINE THRESHES 40 MLN TONNES OF GRAIN AS OF SEPT 10

Ukraine as of September 9, 2019 threshed 39.7 million tonnes of grain and leguminous crops from 10.1 million ha (66% of the target) with an average yield of 3.92 tonnes per ha, the Agricultural Policy and Food Ministry of Ukraine has reported. According to the ministry, 281,000 tonnes of corn were threshed from an area of 46,000 ha (1%), buckwheat – 29,000 tonnes from 46,000 ha (32%), millet – 110,000 tonnes from 58,000 ha (64%). Early grain and leguminous crops collected 39.2 million tonnes from an area of 9.96 million hectares.
In addition, 2.5 million tonnes of sunflower were harvested from 1.2 million hectares (21%) with a yield of 2.04 tonnes per ha and 484,000 tonnes of soybeans from 214,000 ha (14%) with a yield of 2.26 tonnes per ha.
As reported, the ministry predicts this year’s harvest in Ukraine at 71.1 million tonnes (of which 27.8 million tonnes of wheat) compared to 70.1 million tonnes in 2018.

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NATIONAL FOOTBALL TEAM OF UKRAINE MANAGES TO GET 2-2 DRAW IN FRIENDLY MATCH WITH NIGERIA

The national football team of Ukraine has tied the score of 2-2 in a friendly match with the team of Nigeria. The meeting took place in Dnipro on Tuesday evening. The Ukrainians played a poor half time, missing a quick goal in the fourth minute, and then the Nigerians in the 34th minute secured their advantage.
After the break, the team of Andriy Shevchenko managed to reverse the game course. In the 78th minute, Oleksandr Zinchenko kicked a goal, and two minutes later Roman Yaremchuk leveled.
Ukraine confidently leads in its qualifying group Euro 2020, being ahead of the teams of Portugal and Serbia.

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STATE-RUN UKRZALIZNYTSIA PLANS TO REFORM PROCUREMENT SYSTEM

JSC Ukrzaliznytsia (Kyiv) in several weeks will present a strategy for reforming procurement, Ukrzaliznytsia Board Chairman Yevhen Kravtsov has said.
“Everyone asks if a conversation has already taken place with the new head of the Ministry of Infrastructure of Ukraine Vladyslav Krykliy. Yes, and very detailed. I can already say about the priority steps. Ukrzaliznytsia has a green light to make order in procurements,” he wrote on his Facebook page.
According to him, in particular, Ukrzaliznytsia intends to create a public council on increasing transparency and procurement efficiency with the participation of representatives of anti-corruption nongovernmental organizations and the media.
In addition, Kravtsov said that Ukrzaliznytsia begins a comprehensive audit at the branch of the Center for the Provision of Production, where, according to him, the largest amount of procurement is made. In addition, an internal audit of the Service Center is ongoing.
“I am tired of reading media reports about obscure tenders and personally canceling them. Such a volume of procurement cannot be coordinated manually. It is good that we respond to signals from the public, but it is bad that we give them reasons [to make these signals],” he said.

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