Business news from Ukraine

UKRAINE SEAPORTS INCREASE CARGO HANDLING BY 0.6% IN 2018

Ukrainian seaports in January-November 2018 handled 121.5 million tonnes of cargo, which is 0.61% more than a year ago.
“It was possible to improve the performance of the previous year due to the increase in cargo volumes of the metallurgical and agrarian industry, as well as containers,” the Ukrainian Sea Ports Authority said on its website.
According to the report, during this period, the seaports accepted and sent 10,600 ships, which are 3,080 ships (2.9%) less than in 2017.
The authority recorded an increase in the volume of metal products – by 11%, to 1.45 million tonnes, as well as agricultural goods, in particular grain (by 0.1%, to 35.9 million tonnes), peas and corn (by 8.4%, up to 717,000 tonnes).
In general, over the period, the transshipment of export cargoes in Ukrainian seaports amounted to 88.8 million tonnes, which is 1.4% less compared to the same period in 2017. At the same time, there was an increase in exports of ferrous metals, to 13.6 million tonnes (an increase of 9%); including 8 million tonnes of rolled metal products (a decrease of 0.9%) and 2.7 million tonnes of pig iron (an increase of 36.55%).
Handling of imported cargo increased 18.13%, to 21.5 million tonnes. Imports of coke significantly increased (4.7 times, to 408,900 tonnes), chemical and mineral fertilizers (2.7 times to 313,200 tonnes). Almost one third of all imports entering Ukraine through sea ports is ore, which increased by 17.7% compared with January-November 2017, to 6.9 million tonnes.
Cargo turnover of transit cargo amounted to 9.2 million tonnes, 15.2% less than a year earlier.
In addition, from January to November 2018, more than 500,000 passengers were transported.
In January-November 2018, 15,600 passages of ships were carried out along the Dnipro River, which were 1,324 or 8.5% more than a year earlier.

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CHAIN OF RESTAURANTS MAFIA PLAN TO OPEN 200 RESTAURANTS IN UKRAINE

Owners of the restaurant holding, uniting a chain of restaurants under the MAFIA, CASTA, BAO, NĂM, Georgia, Brilliant Bar and Yakitoriya, Oksana and Taras Serediuk plan to open 200 new restaurants in two or three years. “We have the desire and intention to open 200 restaurants under our brands under franchising contracts in two or three years. Not only in Ukraine,” Oksana Serediuk said in an interview with Interfax-Ukraine. She said that the company intends to actively develop the business through franchising. “We will open our own restaurants, but globally we want to go in the direction of franchising and working with partners,” she said.
According to Serediuk, six restaurants under the brands MAFIA, CASTA and Georgia are already being prepared for opening in 2019.
“Three restaurants will be opened in Moldova next year. A restaurant is being built in Volnovakha, a large two-story restaurant is located 15 kilometers from the front line… MAFIA with karaoke and a children’s room will be located in a large two-story room,” the restaurateur said.
She said that the company seeks to enter the international market. So, negotiations are underway regarding the opening of a BAO restaurant outside Ukraine. As of December 2018, the holding includes three franchise restaurants in Moldova.

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CABINET OF MINISTERS DISMISSES HEAD OF STATE ARCHITECTURE INSPECTION

The Cabinet of Ministers has dismissed Oleksiy Kudriavtsev from his post of the head of the State Architecture and Construction Inspection of Ukraine. “Kudriavtsev has been fired,” Oleksandr Sayenko, minister of the Cabinet of Ministers, told the Kyiv-based Interfax-Ukraine news agency on December 12. He said Kudriavtsev had been dismissed because of violating his oath as a state servant.

DANISH MANUFACTURER OF WIND TURBINES AND DTEK TO BUILD WIND FARM IN ZAPORIZHIA REGION

DTEK has signed an agreement with the Danish manufacturer of wind turbines Vestas for building Orlivka wind power station (Prymorsky district, Zaporizhia region).
“The volume of investment in the project is about EUR140 million. We expect that the project will be completed by the end of 2019,” Maksym Tymchenko, DTEK’s director general, said during the signing of the contract.
The project, which envisages the construction of 26 wind turbines with a capacity of 3.8 MW each, is currently at the stage of completion of preparatory work. The main part of the construction work will begin in January 2019.
The capacity of the wind farm, which is the third project of the company in wind power, will provide electricity to about 200,000 households.
“We continue to implement our plans to increase the portfolio to 1,000 MW by the end of 2019, the total investment in these projects will exceed EUR 1 billion,” he said.

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