ZAMMLER POLSKA Sp.z o.o. (Poland), part of Ukraine’s ZAMMLER Group, providing transport and warehouse logistics services, plans to expand its own fleet of trucks by 100 Volvo trucks by the end of 2019, ZAMMLER Group Director Viktor Shevchenko has said in an interview with Interfax-Ukraine.
“We have analyzed the prospects of development on the Polish logistic market and came to the conclusion that we need to focus on transportation by road… Thanks to the fact that we have received access to cheap Polish loans, in summer we will expand our own fleet by 38 Volvo trucks, and by the end of next year we plan to have over 100 new trucks. We buy them in Poland. The cost of one truck is EUR 120,000,” Shevchenko said.
He said that after expanding the fleet the logistic operator would consider a possibility of expanding warehouses in Poland.
“After entering the Polish market we acquired seven trucks and leased 3,000 square meters of warehouse space near Warsaw to service our Ukrainian clients (their share in the warehouse is 90%). This should be a platform for training for us and our clients, who also plan to enter the European market. We offer lower price to these clients if they need it, provide them with consultations of our lawyers. We see prospects in long cooperation and hope to develop together with them on the European market,” Shevchenko said.
The ZAMMLER Group incorporates Zammler Ukraine (Kyiv), Zammler Warehouse LLC (Martusivka, Kyiv region), Zammler Fulfilment LLC (Krasylivka, Kyiv region), MLS LLC (Kharkiv), Ningbo Zammler Trading Co LTD (China) and ZAMMLER POLSKA Sp.z o.o. (Poland).
The group provides services in the sphere of transportation by road, by rail, by sea and by air, customs clearance services and a full range of warehouse services.
The Kyiv airports (Boryspil and Kyiv) on the days of holding the Champions League 2018 finals are going to additionally accept about 140-160 flights with fans and guests, according the Ukrainian State Air Traffic Services Enterprise (UkSATSE). According to the agency, the matter concerns medium-haul aircraft. In addition, the arrival of a significant number of business aircraft is expected, but there are no exact data on the number.
As reported, UEFA expects that the majority of fans who will come to the Champions League finals in Kyiv on May 26 will fly back by charter flights after the match.
“It is expected that the preferred option for most traveling fans will be charter flights arriving and departing on the day of the final, and therefore accommodation in hotels and other places of residence won’t be needed,” the press service of UEFA told Interfax-Ukraine, asked whether UEFA is concerned about the situation with the availability of rooms and prices for hotels and other accommodation in Kyiv on the days of the Champions League final.
UEFA also noted that the issues of transport communication and accommodation are resolved by the city authorities of Kyiv and the local organizing committee, which will help plan the transfer to the finalist clubs and their fans.
The European Bank for Reconstruction and Development (EBRD) has left unchanged its forecast for Ukrainian economy growth in 2018 at 3% and expects that the same pace would be retained in 2019, the bank has said in a survey on its website. The bank said that large foreign exchange debt repayments by the public sector falling due in 2018-20 and the forthcoming presidential and parliamentary elections cycle in 2019 represent important risks to the growth outlook.
Continuation of the IMF (the International Monetary Fund) programme is uncertain due to the lacking commitment on the part of the authorities to meet key reform requirements, the bank said.
The EBRD said that the growth of Ukrainian economy remains subdued.
As reported, the World Bank remained unchanged its forecast for Ukraine’s GDP growth in 2018-2019 at 3.5% and 4% respectively.
However, the bank said that if reforms are delayed, growth could drop below current levels in an uncertain macroeconomic environment as financing risks rapidly increase and GDP growth could slow to 2%.
The IMF retained its forecast for Ukraine’s GDP growth in 2018 at 3.2%, while it reviewed downwards the forecast for 2019 to 3.3% from 4%.
The National Bank of Ukraine (NBU) predicts that Ukraine’s GDP would accelerate in 2018 to 3.4% from 2.5% in 2017 and slow to 2.9% in 2019-2020.
One troy ounce=31.10 grams
The Ukrainian government at a meeting on May 10 is to approve a list of largest facilities for privatization in 2018, which will launch the process of preparation of them for privatization which could start at the end of this autumn, acting Head of the State Property Fund of Ukraine (SPF) Vitaliy Trubarov has said. “If we have the timing of all the procedures in a single thread, then we get actual privatization – this is the end of the autumn, relatively speaking, from the middle of October through December,” he said on Channel 5 TV.
Trubarov said that the SPF as soon as possible after the meeting of the Cabinet of Ministers will launch all the required procedures, including selection of advisers.
“There is a danger that the procedures that we will launch this year will not be finished before the end of the year. We will transfer some of the facilities to the beginning of 2019,” he said.
Answering the question about the term of the privatization of the Odesa Port-Side Plant, which tenders in 2017 ended twice as a failure, Trubarov called this facility “the most problematic” and urged not to hurry with a new attempt of selling it because of the unsolved debt problem. “The most important problem is its debts, which are fixed by the court decision. Unfortunately, at the moment we are just approaching the decision together with our international advisors to the issue related to the possibility of debt restructuring,” he said. “So far we have not found a solution to what to do with the debt. We do not need to put it up for sale now. We still have time, in this situation it is better not to rush,” the head of the SPF said.
