Business news from Ukraine

Business news from Ukraine

RYANAIR LAUNCHES FLIGHTS ON ODESA – DUSSELDORF WEEZE ROUTE

The Irish low-cost airline company Ryanair (Dublin) has launched flights on the Odesa – Dusseldorf Weeze (Germany) route.
The flights will be operated twice a week as part of Ryanair’s winter 2020 schedule, the airline’s press service said on Friday.
“We are delighted to start operating flights Odesa-Dusseldorf Weeze. This flight will connect Odesa and western Germany, in addition, Weeze airport is located in close proximity to the Netherlands. Thus, our passengers, besides Dusseldorf, have received an opportunity to conveniently plan their trips to Duisburg, Essen, Dortmund and Cologne, as well as to the neighboring cities of the Netherlands,” commercial director of Odesa International Airport Vyacheslav Chehlatonev said quoted by the airline’s press service.
Annual flow of tourists in Ukraine to grow to 30 mln foreigners, 60 mln domestic travelers by 2030 – National Economic Strategy

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ANTIBIOTIC USE IN UKRAINE INCREASES BY 3.5 TIMES – MINISTRY OF HEALTH

The use of antibiotics in Ukraine to date has grown 3.5 times compared to the same period last year, the Minister of Health said during a meeting of the Verkhovna Rada on Friday.
“Indeed, our use of antibiotics has grown 3.5 times compared to the same period last year. There is a program regarding provision with pharmaceutical companies – they are fully provided with raw materials. If antibiotics have disappeared in some pharmacy, I think these are isolated cases,” he said. At the same time, the minister urged not to self-medicate.
“We held meetings with the heads of pharmacy chains regarding the provision of antibiotics and other drugs, in particular, anticoagulants. There was a big request from this industry to appeal to the population not to self-medicate,” Stepanov said.

PHILIP MORRIS CUTS CIGARETTE SHIPMENTS IN UKRAINE BY 4.8% IN JAN-SEPT

Philip Morris International Inc. (PMI) in January-September 2020 cut cigarette shipment volume by 4.8%, mainly due to the lower total market, partly offset by a higher market share, driven by heated tobacco units.
According to a quarterly report published by PMI, the total market in Ukraine was down by 9.7%, mainly reflecting the impact of excise tax-driven price increases, as well as reduced adult smoker average daily consumption, notably in the second quarter of 2020, due to lockdown measures.
The company said that in Q3 2020 the total market in Ukraine fell by 7.4%.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 06/11/20

National bank of Ukraine’s official rates as of 06/11/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF NOVEMBER 06

Official rates of banking metals from national bank as of November 06

One troy ounce=31.10 grams

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STATE-RUN UKRZALIZNYTSIA ENDING NEGOTIATIONS ON SIGNING CONTRACTS ON CONTAINER SHIPMENTS TO EUROPE, ASIA

JSC Ukrzaliznytsia is discussing the possibility of carrying out transit container traffic along the China-EU route through the territory of Ukraine, the operator will be Ukrzaliznytsia branch Lisky, the press service of Ukrzaliznytsia reported with reference to executive director of the branch Edvins Berzins.
The company, in particular, notes that negotiations are at the final stage on signing long-term service agreements with DHL, PKP Cargo Connect and BTLC Germany. The agreement with DHL provides for the transportation of containerized cargo throughout Ukraine with the provision of a range of turnkey services at the terminals of the Lisky branch.
Together with PKP Cargo Connect, container trains will be transported from/to Ukrainian railway stations at Polish stations with further transportation to recipients throughout the EU. The agreement with BTLC Germany provides for the transportation of goods en route to China – Ukraine/EU and in the opposite direction.
“Ukraine occupies a strategically important position on the transport routes between Europe and Asia. Previously, this potential was almost never used. Therefore, now one of the priorities of the management of Ukrzaliznytsia is to uncover the possibilities of the railway transport routes of Ukraine and, together with partners from the East and West, to establish a mutually beneficial system of international container transportation,” the press service quoted Berzins as saying.