Business news from Ukraine

ANTONOV AIRCRAFT MANUFACTURER TO SHOWCASE NEW PROJECTS AT AERO INDIA SHOW 2019 ON FEB 20-24

Kyiv-based Antonov State Enterprise, a leading Ukrainian designer and manufacturer of aircraft, will showcase its new projects at the 12th international Aero India Show 2019, which will be held in Bangalore, India, on February 20-24.
The An-132D lightweight multi-purpose aircraft will be shown at the static parking lot and in demonstration flights at the air show; it will become one of the new aircraft of the air show, the enterprise said on Facebook on Tuesday.
The new plant, which was developed on the basis of the An-32, a well-known transport plane in India, boasts a weight-lifting ability of 9.2 tonnes, and in future may be an effective replacement for the famous “Silver Horse” [An-32] in the Air Force of India. “Also, Antonov State Enterprise is ready to continue the program of cooperation with India for extending the resource of the existing An-32 fleet from 40 to 50 years,” the company said.
As part of India’s national programs to provide regional passenger airports and passenger transportation, Antonov will present the Regional Wings project, based on proposals for the use of An-148/158 passenger aircraft. They can work effectively in the climatic and landscape conditions of the region.
The new projects that will be presented at the air show also include a program for the creation of the An-188 military transport aircraft for short take-off and landing, the company said.
The presentation of the An-132D multi-purpose aircraft at Aero India Show 2019 is planned jointly with the Saudi partners in the project – King Abdulaziz City for Science and Technology (KACST) and TAQNIA Aeronautics Co. Currently, the partners are negotiating the development of the project and the conclusion of a contract for the finalization of the An-132D to the serial sample, Antonov told Interfax-Ukraine.
Antonov State Enterprise is the leading Ukrainian developer and manufacturer of aircraft, the world’s recognized leader in the niche of transport aircraft. By decision of the Ukrainian government, Antonov in 2015 became part of state-run Ukroboronprom Concern.
India is among the long-standing and promising partners of Ukraine, as the parties have been cooperating in the field of aircraft manufacturing and repair services for 20 years. In 2009, the parties concluded one of the largest contracts in the field of bilateral military-technical cooperation in the amount of about $400 million for the repair and retrofitting of 105 An-32 aircraft of the Indian Air Force.

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NEW CERAMIC TILE PLANT IS LAUNCHED IN KYIV REGION

The Epicenter K Group (Kyiv) has invested UAH 3 billion in construction of the largest ceramic tile plant in Kalynivka (Kyiv region) and plans to launch the first phase in the middle of 2019, the founder of Epicenter K LLC Oleksandr Hereha said at a briefing. “We are developing our [white clay] quarry. We will fully use Ukrainian raw materials in the production of tiles… We also signed a second contract for the supply of equipment in Kalush, Lviv region, where we will build a second [ceramic tiles] plant,” he said.
According to Hereha, the SACMI international group acted as the anchor partner for the supply of equipment to the plant, which, in connection with the implementation of this project, decided to open an official representative office and service center in Ukraine.
The second phase of construction is scheduled for 2020.
“The production capacity of the first and second phases of the plant will amount to 6 million square meters of tiles per year, with the possibility of expanding it to 15 million square meters,” Deputy Director of Epicenter K for customs issues Volodymyr Pidrushniak said. The facility is located on a land parcel of 20 hectares near the Kalynivka customs terminal and the warehouse complex of the Epicenter group. According to the press release of the group, the total area of the plant is 70,000 square meters, and its annual production capacity is 12 million square meters tiles. Some 300 people will be hired.
Epicenter K was created in 2003. The first construction hypermarket of the company was opened in Kyiv in December of the same year.

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LVIV INTERNATIONAL AIRPORT PLANS TO BOOST PASSENGER TRAFFIC BY 38% IN 2019

Lviv International Airport named after Danylo Halytsky plans to boost passenger traffic by 37.7%, or 600,000 people in 2019 compared to 2018, to 2.2 million people, the airport’s general director Tetiana Romanovska said at a press conference in Kyiv on Tuesday.
She said the airport was negotiating the launch of new flights with Europe’s largest low-cost airlines, Asian airlines and Ukraine’s largest airline, Ukraine International Airlines (UIA).
In connection with the expected increase in passenger traffic, Lviv Airport is planning to launch the old terminal complex to ensure additional working capacity.
In addition, the existing passenger terminal is to be renovated in 2019, in particular, external engineering networks will be built. The project is estimated at UAH 62.06 million. The reconstruction of the airfield (UAH 157.99 million) and the construction of a new terminal (UAH 67 million) are also planned.
As reported, Lviv International Airport named after Danylo Halytsky in 2018 increased passenger traffic by 48% from 2017, to 1.598 million people.
The airport is located 6 km south of the city center.
The new terminal building, built for Euro 2012, was commissioned on April 12, 2012. The new terminal with a total area of 39,000 square meters has nine gates, 28 check-in counters, two self-service check-in kiosks, 18 passport control points and 12 airport security points.
The main routes handled by the airport are: Warsaw (Poland), Istanbul (Turkey), Munich (Germany), Vienna (Austria), Baku (Azerbaijan), Thessaloniki (Greece), Madrid (Spain), Rome (Italy), Tel Aviv (Israel), Bologna (Italy), Radom (Poland), Heraklion (Greece), Minsk (Belarus), and Burgas (Bulgaria).

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TAS INSURER OPENS 35 NEW BRANCHES IN 2018

Kyiv-based TAS Insurance Group opened 35 new branches in Khmelnytsky, Lviv, Zakarpattia, Vinnytsia, Poltava, Sumy, Rivne regions, as well as in other regions of Ukraine in 2018, according to the company’s website. The company also informs that new sales centers opened not only in those small towns where they did not previously have their offices, but also in cities where several of its branches already worked. For example, last year new representative offices of the company began work in the cities of Vinnytsia, Dnipro, Kharkiv, Rivne, Sumy and others.
As reported, more than 1.9 million insurance contracts were concluded by the insurer with more than 1 million customers in 2018. The company’s insurance revenue for 2018 exceeded UAH 1.387 billion. In this case, car insurance accounted for the lion’s share of collected premiums. In particular, UAH 481.15 million in premiums was raised under OSAGO (mandatory insurance of civil liability of vehicle owners) agreements, UAH 273.01 million under Green Card agreements, and UAH 255.03 million under KASKO (voluntary car insurance) agreements.

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