Business news from Ukraine

FRANCE’S LEROY MERLIN PLANS TO OPEN FIRST HYPERMARKET IN ODESA

Leroy Merlin Ukraine LLC (Kyiv), developing the DIY hypermarket chain of the French brand Leroy Merlin in the country, in spring 2019 plans to open a first hypermarket outside Kyiv – in the Riviera shopping and entertainment center in Odesa.
The retailer wrote on its Facebook page that the company is looking for employees to work in the Leroy Merlin hypermarket in Odesa, which will be opened soon.
The fifth hypermarket of the Leroy Merlin chain in Ukraine (four operating in Kyiv) will be located in the Riviera shopping and entertainment center in Odesa, Senior Marketing Advisor at Riviera mall Yan Shkuro told Interfax-Ukraine.
“The opening of Leroy Merlin is scheduled for early spring. There is no the exact date. The total area of the premises is 10,500 square meters, without a greenhouse. Active construction of residential complexes is seen near the mall. There are over 60 residential complexes, and demand on construction materials is high,” Shkuro said.
Leroy Merlin Ukraine LLC was registered in 2008. As of October 31, 2017 the company had four Leroy Merlin stores in Kyiv.

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70,000 UKRAINIAN TOURISTS TO VISIT THAILAND THIS YEAR

Around 70,000 Ukrainian tourists will visit Thailand in 2018.
According to a press release of the representative office of the Tourism Authority of Thailand in Ukraine, in 2017, some 61,000 Ukrainians visited Thailand. Thus, Ukraine was second in Central and Eastern Europe after Poland in the number of tourists who visited Thailand.
Head of the representative office of the Tourism Authority of Thailand in Ukraine Nicholas Dimitroff said that growth in tourist flow from Ukraine will be linked to the launch of direct flights between Kyiv and the post popular island of Thailand – Phuket. Azur Air by late April 2019 will service charter flights for Aneх tour operator. Thanks to the charter program the tour operator plans to transport around 8,000 tourists from Ukraine.
As reported, Ukrainians are the leaders in the world for the duration of their trips to Thailand: in 2017, the average duration of one trip Ukrainians spent in that country was almost 22 days.
In 2017, Thailand was visited by more than 35 million tourists from all over the world, which brought this country $57.5 million. Thus, Thailand took the 4th place in the world in terms of revenue from tourism (after the United States, Spain and France).
The Ukrainian office of the Tourism Authority of Thailand has been operating since February 2017.

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UKRAINE EXPORTS 13.3 MLN TONNES OF GRAIN SINCE START OF 2018/2019 MY

Ukraine since the beginning of the 2018/2019 marketing year (MY, July-June) and as of October 31 had exported 13.285 million tonnes of grain, which is 0.6% less than on the same date of the previous MY.
According to the Ministry of Agrarian Policy and Food, farmers produced about 7.54 million tonnes of wheat, 2.69 million tonnes of barley, and 2.8 million tonnes of corn.
In addition, 65,700 tonnes of flour had been exported on the specified date.
As reported, with reference to the ministry, Ukraine exported 39.4 million tonnes of grain in the 2017/2018 MY. Grain export in the 2018/2019 MY is projected to be 42.5 million tonnes.

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ENERGOATOM SEES UAH 2 BLN OF NET PROFIT IN 2018

National Nuclear Generating Company Energoatom in January-September 2018 saw UAH 2.067 billion of net profit compared with UAH 473.602 million of net loss a year ago.
According to a company report in the information disclosure system of the National Commission for Securities and the Stock Market, in January-September 2018, its net revenue totaled UAH 31.484 billion, which is 9% more than a year ago (UAH 28.891 billion), and gross profit of Energoatom grew by 59.4% or UAH 2.719 billion, to UAH 7.295 billion.
Energoatom is the operator of all four Ukrainian-based operating nuclear power plants, which have 15 VVER reactors with an overall generating capacity of 13.835 gigawatts.

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