Business news from Ukraine

Business news from Ukraine

KHERSON AIRPORT WILL RAISE PASSENGER TRAFFIC IN 2019

The head of Kherson Regional State Administration, Yuriy Husev, expects that Kherson International Airport will increase passenger traffic in 2019, in addition, work is underway to modernize its terminal.
“Kherson International Airport transported 150,000 passengers last year. We plan to increase passenger flow this year. On July 30 we resumed negotiations with Ryanair, which confirmed its willingness to fly from Kherson airport. Today, the airport operates regular flights to Istanbul, Kyiv. Scheduled flights to Egypt will be launched soon,” he said in an interview with Interfax-Ukraine.
Husev noted that there is a fruitful cooperation with the EBRD and the IFS developer of software for integrated corporate management, which help build a concept for the development of the airport.
“There is an understanding of what we need to do first. Kherson airport, the air gates of the south of Ukraine, should be developed,” he said.
The head of Kherson Regional State Administration also said that work is underway to modernize the airport terminal.
“There are certain ideas. We are working with the representatives of the regional council so that the necessary funds are provided for in the budget. We are also discussing the idea of a possible concession with the EBRD,” he said.

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WIND SOLAR ENERGY INTENDS TO BUILD 60 MW WIND FARM IN UKRAINE

Wind Solar Energy LLC (Kyiv) intends to build a 60 MW wind power plant in Zhytomyr region, according to the website of the unified register of environmental impact assessment.
The project includes building 18 wind turbines with a capacity of up to 5.6 MW each. The height of the towers will be 166 meters, the diameter of the rotor is up to 150 meters.
In addition, the plans include the construction of 12 km of technological roads, 12 km of cable networks, as well as power lines of up to 6 km. The operation life of the wind farm is 20 years.
As reported, Wind Solar Energy intends to build three phases of the Lisova wind plant with a total capacity of up to 190 MW in the area of the Pokaliv village (Korosten district, Zhytomyr region).
According to data posted on the company’s website, Wind Solar Energy through its subsidiary Solar Kvant has been operating solar plants of 5 MW on 10 hectares in Dnipropetrovsk region since 2013.
According to the unified register of legal entities, the ultimate beneficial owner of Wind Solar Energy is Elvira Tesliuk, before that the Cypriot company WSE CYPRUS LTD was in the ownership structure.

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UKRAINE RAISES IMPORTS OF ALUMINUM ORE BY 10%

Ukraine in January-July of this year increased imports of aluminum ore and concentrate (bauxites) in natural terms by 9.8% compared to the same period in 2018, to 3.42 million tonnes.
According to customs statistics released by the State Fiscal Service, during this period bauxite imports in monetary terms increased by 21.3%, to $133.376 million.
At the same time, imports were mainly from Guinea (58.31% of deliveries in monetary terms), Guyana (36.62%), and Brazil (2.19%).
In January-July 2019, some 22 tonnes of bauxite were exported to Poland for $1,000, whereas in January-July 2018 some 45 tonnes of bauxite were re-exported to Poland for $5,000.

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UKRAINE BOOSTS IMPORTS OF IRON ORE BY THREE TIMES IN 7 MONTHS

Ukraine’s ore mining enterprises increased imports of iron ore and raw materials (IORM) in physical terms by 33.6% in January-July 2019 year-on-year, to 775,935 tonnes.
Import of IORM for the mentioned period in monetary terms grew by 26.4%, up to $143.995 million, according to a State Fiscal Service of Ukraine customs statistics report.
The bulk of iron ore was imported from Ghana (74.74% of total imports in monetary terms), Russia (20.74%), and Georgia (3.95%).
In January-July 2018, Ukraine exported 18,983 tonnes of IORM worth $1.693 million to Czech Republic (30.38%), Hungary (28.43%) and Slovak Republic (23.29%), while through seven months of 2018 the country exported 29,491 tonnes for $2.144 million.

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KHARKIV AIRPORT RAISES PASSENGER TRAFFIC BY 25%

Passenger traffic at Kharkiv International Airport in January-July 2019 amounted to 683,300 people, which is 25% more than in the same period of 2018, the airport writes on its page in Facebook.
In July 2019, some 130,700 people used the airport’s services, which is 25% more than in July 2018.
The most popular destinations for this period were Antalya, Kyiv, Istanbul, Sharm el-Sheikh, and Warsaw.
As reported, passenger traffic at Kharkiv airport in 2018 was 962,500 people, which is 19% more than in 2017.
Kharkiv Airport has a runway with a length of 2,500 meters and a width of 50 meters. There are two passenger terminals with a capacity of 100 and 650 people per hour in its territory.

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ZAKHIDNY BUG AGRI COMPANY FROM UKRAINE ENLARGES BANK LAND TO 53,000 HECTARES

Private enterprise Zakhidny Bug in Lviv region enlarged a bank land by 1,700 hectares, up to 53,000 hectares after purchase of the enterprise Hai Halychyny LLC.
As the company wrote on Facebook on Wednesday, now the company’s agrochemical laboratory is analyzing the soils to determine the crops for which the newly acquired territory will be the most favorable place to grow, and is also working over the recommendations for nutrition and protection of these crops. Afterwards, the soils will be prepared for cultivating new crops.
As reported, Zakhidny Bug acquired Hai Halychyny LLC, which provided the buyer with over 50% of the voting shares on the company’s board.
Zakhidny Bug, founded in 2003, is engaged in the cultivation, storage and sale of grain, industrial and feed crops. It rents nearly 53,000 hectares of landd in Lviv and Volyn regions, and since 2019 it also uses lands in Chernivtsi and Ternopil regions.
Hai Halychyny LLC is engaged in the cultivation of grain, legumes and oilseeds.

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