Hungary’s low cost airline Wizz Air Holdings Plc plans to carry around 2.4 million passengers to/from Ukraine in 2019, which is 60% more than in 2018, Wizz Air Holdings Plc Chief Marketing and People Officer Johan Eidhagen said at a press conference in Kyiv on Tuesday.
He said that in January-September 2019, the airline carried 1.8 million passengers, which is twice more than a year ago.
Currently, the airline flies from four Ukrainian cities: Kyiv, Lviv, Kharkiv and Odesa, but from March 2020 also plans to start flying from the Zaporizhia airport.
Wizz Air, the largest low cost carrier in Central and Eastern Europe, offers flights on more than 600 routes from 25 bases, connecting 145 destinations in 44 countries. The airline fleet consists of 120 Airbus A320 and Airbus A321 aircraft.
By the end of 2019, the company intends to carry 40 million passengers.
Ukrainian farmers received 1,238 crop receipts for the amount of UAH 8 billion since the beginning of 2019, which is 721 receipts and UAH 4.8 billion more than a year ago, the Ministry of Economic Development, Trade and Agriculture has reported.
According to the ministry, since the introduction of the project in Ukraine in 2015 a total of 2,116 crop receipts were registered for the amount of UAH 14.5 billion. Over 130 companies lend using crop receipts, both Ukrainian and international.
By the number of the receipts 60% are financial ones, providing for relations in cash. The average size of liabilities for one financial crop receipt is UAH 5.8 million, for a commodity one – UAH 8.4 million.
Deputy Minister of Economic Development, Trade and Agriculture Inna Meteleva on October 21 at a meeting with representatives of the Crop Receipts Project in Ukraine of the International Finance Corporation (IFC) discussed the issue of changing the nature of relations on the use of crop receipts from contractual obligations for operations with securities by introducing separate legislative changes.
“Changes in the legislation will strengthen the balance of interests of the debtor and the creditor, as well as expand the business opportunities of working with crop receipts, which will provide the prerequisites for the development of refinancing,” Head of the Crop Receipts Project in Ukraine Leah Soroka said.
In the near future it is planned to submit these changes for discussion with stakeholders and interested central executive bodies to form a consolidated position.
The Crop Receipts project in Ukraine is being implemented by IFC, a member of the World Bank Group, in partnership with the Swiss Confederation. The practical application of crop receipts began in 2014 in Poltava region. Soon other regions of the country joined this financial tool.
JTI Ukraine, one of the largest tobacco companies in Ukraine, has submitted an application to the State Fiscal Service of Ukraine (SFS) seeking to withdraw 16 million excise labels for which the company paid UAH 350 million in connection with the adoption of bill No. 1049 containing a requirement of regulating the cigarette markup, the company told Interfax-Ukraine on Tuesday.
“We are withdrawing UAH 350 million of excise tax paid due to the adoption of a bill establishing a fixed markup for cigarettes by the Verkhovna Rada,” the press service of the tobacco company said.
According to JTI Ukraine, the company reduced production by 73% in the second half of October compared to its plans.
As reported, British American Tobacco (BAT), a large global tobacco manufacturer, halted production at the B.A.T.-Pryluky factory in Chernihiv region on October 11, 2019. The company said that the reason was bill No. 1049 adopted by the Verkhovna Rada with the requirement on the government regulation of the markup on their goods. Then the company applied to the SFS with the purpose of withdrawing 25 million excise labels and returning UAH 505 million paid for them.
Earlier Philip Morris Ukraine, British American Tobacco, JTI and Imperial Tobacco in Ukraine are mulling the possibility of decreasing production and later closing the tobacco factories on the territory of Ukraine over the adoption of the legislative requirement on the government regulation of markup on their goods by the Verkhovna Rada.
Bill No. 1049, passed at second reading, introducing a single account for paying taxes and duties, the single social security contribution, sets a fixed markup for wholesale and retail traders of tobacco products at 7% and 13% of the maximum retail price per package.
Later, the Council of Entrepreneurs under the Cabinet of Ministers has asked Ukrainian President Volodymyr Zelensky to veto bill No. 1049 introducing a single account for paying taxes and duties, and the single social security contribution, as it deprives enterprises of the right to set prices for tobacco goods.
The Hungarian low cost airline Wizz Air Holdings Plc launches flights from Zaporizhia to Gdansk, Wroclaw, Krakow (all from Poland), Vienna (Austria), and Vilnius (Lithuania).
This was announced by Human Resources Director at Wizz Air Holdings Plc Johan Eidhagen during a press conference in Kyiv.
According to him, flights will be operated twice a week, in particular, to Gdansk on Mondays and Fridays (from March 30), to Wroclaw on Wednesdays and Sundays (from March 29), to Budapest on Thursdays and Sundays (from March 29), to Vienna on Thursdays and Sundays (from March 29), to Krakow on Wednesdays and Sundays (from March 29), to Vilnius on Mondays and Fridays (from March 30). Their cost is from UAH 569 one way.
“We are always trying to find “diamonds” that have not yet been processed. This is one of the examples when the airport [of Zaporizhia] has developed so much over the past couple of years. There is a great potential for further growth there,” he said.
Wizz Air, the largest low cost carrier in Central and Eastern Europe, offers flights on more than 600 routes from 25 bases, connecting 145 destinations in 44 countries. The airline fleet consists of 120 Airbus A320 and Airbus A321 aircraft.
By the end of 2019, the company intends to carry 40 million passengers.
Legal entities in Ukraine in January-September 2019 purchased and registered 20,300 passenger cars, which is 12% more than for the same period in 2018, including 19,000 new cars and 1,300 imported used cars, Ukrautoprom has said.
According to the association, the share of new cars in total corporate acquisitions this year was 97% compared to 93% a year earlier.
As for new cars, the highest demand among legal entities was recorded for Renault brand cars with 4,457 cars, Toyota ranked second with 2,968 cars, and Skoda ranked third with 2,533 cars.
When choosing imported used cars, legal entities more often chose Volkswagen cars, having acquired 173 passenger cars of this brand since the beginning of the year. This is followed by Nissan (129 units) and Mercedes-Benz (113 units).
Ukrautoprom noted that since the beginning of the year, 383,300 cars have been registered in Ukraine, of which 61,700 are new cars and 321,600 were used cars imported from abroad.
Ovostar Union agricultural group of companies, one of the leading producers of eggs in Ukraine, in January-September 2019 reduced egg sales by 15.9% compared to the same period in 2018, to 888 million pieces, due to a decrease in trading activity.
According to the group’s report on the Warsaw Stock Exchange, egg production during this period declined by 0.9%, to 1.191 billion pieces.
Egg exports for the nine months of this year were down by 0.7%, to 440 million eggs. The share of exports in the total volume of egg sales was 50% compared to 42% for the same period in 2018.
