The flights and destination map of Hungary’s low cost airline Wizz Air in Ukraine would be expanded by two new destinations – from Kyiv to Athens from May 21 and from Kyiv to Thessaloniki from May 20, 2019. “With these two new routes connecting Ukraine with Greece, Wizz Air is now offering a total of 45 routes to 13 countries from 3 Ukrainian airports in 2019,” the airline said in a press release on Tuesday.
The low-fare connection Kyiv-Athens is commencing on May 21 with two weekly frequencies, on Tuesdays and Saturdays, while flights on a route Kyiv-Thessaloniki are commencing on May 20 and will be operated two times per week, on Mondays and Fridays.
The fares start from EUR19.99 one way, including all taxes and fees.
The airline also said that in 2018, Wizz Air carried over 1.5 million passengers on its low fare routes to and from Ukraine, which represents more than 107% growth compared to the similar period last year and makes Wizz Air the largest low cost carrier in Ukraine.
The State Agency of Ukraine for Forest Resources plans to launch a pilot project of an electronic register of logging permits in March, Viktor Melnychenko, the director general of the Forestry Innovation Analytical Center at the agency, has said. “This software solution will allow controlling logging permits issued for the use of a certain amount of raw materials. Now this will be a pilot project, and in future, to attract all forest users regardless of subordination, it is necessary to make appropriate changes in the regulatory framework,” he explained.
According to him, the center began the development of an e-register of wood felling licenses in December 2018. The register will allow controlling the annual volume of harvested wood. The expert noted that in the autumn of 2018 the Verkhovna Rada adopted law No. 5495 on preservation of forests, which limits the annual harvesting volume to 25 million cubic meters.
According to Melnychenko, the register will also keep records of documents that were the basis for the issue of logging permits.
A wood felling license is a permit for logging, which contains information about the place and volume of logging. This document is issued by the regional forestry and hunting directorates under the State Forestry Agency.
The total area of forest areas in Ukraine is almost 10.4 million hectares, the forest cover of Ukraine is 15.9%. Some 7.6 million hectares of forests (73% of the forest fund of Ukraine) are subordinate to the State Forestry Agency.
One troy ounce=31.10 grams
The first shopping mall, Cherry Mall, with a total area of 18,000 square meters in the town of Vyshneve in Kyiv region is to open in April 2019. Edelburg Development is the exclusive agent of the mall and developer of the project, while Fine Partners Invest is engaged in the construction of the facility, Kyiv-based UTG told Interfax-Ukraine. “Considering that the mall is located in a new, densely populated residential area where 85% of residents are families with children, we tried to think of its content so that you can easily combine shopping and sports, going to a restaurant and watching the premiere at the cinema,” Chief Commercial Officer of Edelburg Development Maryna Kravchenko said.
Project manager and partner of UTG Artem Neposedov estimates the attendance of the mall will be 15,000-18,000 people per day. “More than 25,000 people live in walking distance from the Cherry Mall shopping center. In addition, there are three public transport stops near the shopping and entertainment center, thanks to which the site’s coverage area includes almost all 75,000 residents of Vyshneve. Therefore, the expected attendance of the facility will be 15,000-18,000 people per day,” he said.
The rental area of the facility is 13,000 square meters, with 65% of the area already leased. In particular, the anchor tenant of the Cherry Mall will be the Sport Life fitness club with an area of 3,500 square meters. Its infrastructure includes dry and wet zones with three swimming pools. Its anchor tenants also include the five-hall Linia Kino cinema; the Fora food supermarket in the new concept (1,500 square meters), the Foxtrot electronics supermarket (740 square meters). The Cherry Mall will also house a children’s entertainment center with a climbing wall, rides and a children’s room. In addition to boutiques, shops and beauty salons, there will be a family restaurant and four cafes.
Edelburg Development was founded in 2007 with the participation of WBA Immo GmbH, an engineering company, foreign investment was raised. It is a representative of the international development group on the Ukrainian primary real estate market.
In particular, the company is engaged in the construction and implementation of integrated residential business-class projects and commercial real estate. The Fine Partners Invest group of companies has been operating in the residential and commercial real estate market since 2011.
Kyiv-based UTG was founded in 2001. Its core business is overall support for development projects. More than 100 real estate objects were opened with the participation of UTG, including Lavina Mall, New Way, Ocean Plaza, Gulliver, Piramida, and Komod (all based in Kyiv), Megamall (Vinnytsia), Most City Center (Dnipro), French Boulevard (Kharkiv), and Global.UA (Zhytomyr). UTG also operates in Russia, Belarus, Georgia, and Moldova.
PJSC Ukrnafta boosted oil and gas condensate production in January 2019 by 4.4% compared to the same period last year, to 128,000 tonnes, while natural gas output grew by 7.4%, to 99 million cubic meters, the company’s press service has said.
“The increase in production is due to repairs to prospective wells and measures to intensify production, including perforating operations with the use of foreign-made systems with increased efficiency,” it said.
The company’s production in February continues to grow it said. So, as of February 14, the average daily production of oil and condensate was 4,200 tonnes vs. 4,100 tonnes in January 2019.
As reported, Ukrnafta in 2018 increased the production of crude oil and gas condensate by 5% (0.069 million tonnes) compared to 2017, to 1.448 million tonnes. Natural gas production in 2018 decreased by 2.3% (0.026 million cubic meters), to 1.082 billion cubic meters, production of liquefied gas fell by 5.2% (6,000 tonnes), to 110,000 tonnes.
Ukrnafta is the largest oil producing company in the country. NJSC Naftogaz Ukrainy owns 50% + one share of Ukrnafta, a group of companies associated with former shareholders of PrivatBank holds about 42% of its shares.
