Business news from Ukraine

AFTER OVERHAUL OF BIG ORBITAL ROAD BURDEN ON STREETS IN KYIV TO DECREASE – VITALI KLITSCHKO

After the overhaul of the big orbital road the transport burden on central streets in Kyiv would decrease, as transit vehicles would avoid central roads, Kyiv Mayor Vitali Klitschko has said. The press service of the mayor of Kyiv reported that during the inspection of the construction of the overpass and the junction on the orbital road, in the section from Marshal Rokosovsky Street to Bohatyrska Street, Klitschko said that the main thoroughfare in this section will be about 2 kilometers. The plan provides for the construction of 2 new overpasses, an underground pedestrian crossing, the installation of an embankment, the re-laying of all communications and utility networks. Also landscaping of the adjacent territory will be provided.
According to him, now work has been done to prepare for the construction of overpasses through Bohatyrska Street and through the railway. The tunnel part of the underground pedestrian crossing was made. The development of earth embankment has begun. All the work at the site should be completed next autumn.
Also Klitschko checked up how works on overhaul of Kulzhenko Family Street are being conducted. After the repair there will be a direct exit to the orbital road, which is currently under construction. This will significantly relieve the area of Taras Shevchenko Square from especially transit transport, this will reduce the number of “traffic jams” in the area. Klitschko reminded that over the previous two years more than 500 kilometers of roads were repaired in Kyiv. And at least 300 kilometers are planned to be renewed this year.

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UKRAINE THRESHES 22 MLN TONNES OF GRAIN, YIELD IS 32.2 CENTNERS PER HA

Ukraine as of July 30 had threshed 22.4 million tonnes of early grain and leguminous crops from 7 million hectares (70% of the forecast for these crops) with the yield being 32.2 centners per ha. According to the Ministry of Agrarian Policy and Food, farmers harvested 17 million tonnes of winter wheat from 4.9 million hectares (76% of the forecast) with the yield of 34.8 centners/ha, 54,400 tonnes of spring wheat from 22,700 hectares (12%) with a yield of 23.9 centners/ha, 3 million tonnes of winter barley from 850,500 hectares (97%) with the yield being 34.9 centners per ha, 1.6 million tonnes of spring barley from 793,000 hectares (49%) with a yield of 20.8 centners/ha, and 590,500 tonnes of peas from 342,400 hectares (79%) with a yield of 17.2 centners/ha.
The country also harvested 86,000 tonnes of rye from 36,000 hectares (24%) with a yield of 22.4 centners/ha and 25,600 tonnes of oats from 14,300 hectares (7%) with a yield of 17.9 centners/ha. In addition, farmers threshed 2.4 million tonnes of winter rapeseeds from 930,000 hectares (95%) with a yield of 25.9 centners per ha and 21,000 tonnes of spring rapeseeds from 12,000 hectares (17%) with the yield standing at 17.3 centners/ha.

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QATAR INTERESTED IN CONCESSION OF UKRAINIAN PORTS

Qatar has showed its interest in concession of Olvia and Kherson seaports, Ukraine’s Infrastructure Ministry has reported on its website. The ministry said that the Ukrainian Sea Port Authority has signed a memorandum of understanding with Qatar ports management company Mwani Qatar, envisaging cooperation aimed at boosting cargo flow between seaports of Ukraine and Qatar, in particular, exports of agricultural products made in Ukraine to Qatar. In addition, it is planned to attract Qatar investments in port infrastructure facilities to include marine terminals in international supply chains.
“The signing of the memorandum opens the way for the further implementation of many projects… First of all, we are talking about the concession of the ports Olvia and Kherson. Qatar is also interested in cooperation in the Yuzhny port, which, according to the strategy of the Ukrainian Sea Port Authority, will start servicing large vessels that can pass the Bosporus Strait in the coming years,” Head of the Authority Raivis Veckagans said.
In turn, Minister of Transport and Communications of the State of Qatar Jassim Saif Ahmed Al Suleithi said that the development of cooperation with Ukraine in the port and aviation spheres is promising for Qatar and confirmed the intention to develop the launch of direct flights between Doha and Lviv at the bilateral level.

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TAROM AIRLINE TO LAUNCH ODESA-BUCHAREST FLIGHTS

Romania’s Tarom airline will launch direct Odesa-Bucharest flights from September 1, 2018, the Odesa international airport has written on its Facebook page. “The flights will be operated three times a week on Wednesdays, Fridays and Sundays. Departure from the Odessa International Airport is at 4:15 and from the Henri Coanda International Airport (Bucharest) is at 1:00 local time. It is planned to use modern turboprop aircraft ATR 42/72,” the airport said.
The airport also said that in Bucharest, passengers are able to connect to air carrier flights on more than 30 routes to Europe, the Middle East and Africa, as well as 10 destinations within Romania.
At the moment, direct flights to Romania from Ukraine are carried out by Windrose on the Kyiv-Bucharest route.

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