Business news from Ukraine

Business news from Ukraine

27623 HOUSEHOLDS INSTALL PV PANELS IN UKRAINE

As of October 1, 2020, some 27,623 Ukrainian households have installed photovoltaic (PV) panels and are consuming “clean” electricity in Ukraine.
The press service of the State Agency on Energy Efficiency and Energy Saving reported that in the third quarter of 2020, almost 2,000 more households switched to PV panels. The total capacity of all PV panels is 712 MW, of which 53 MW (8% up) were launched in the third quarter of 2020.
“Since 2015, households have invested about EUR 560 million in PV panels. This is a contribution to their own energy independence and autonomy, as well as to the development of a large-scale Ukrainian market for services and equipment in green energy,” the press service said, citing acting Chairman of the agency Kostiantyn Hura.

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UKRZALIZNYTSIA INCREASES CARGO TRANSPORTATION BY 3.4% IN Q3

JSC Ukrzaliznytsia transported almost 80 million tonnes of cargo in July-September 2020, which is 2.7 million tonnes more than in the same period.
According to the press service of Ukrzaliznytsia on Thursday, October 22, transport volumes in domestic traffic increased by 11.3%, and in export by 1.8% for the specified period.
At the same time, it is noted that in the third quarter, the transportation of mineral construction materials, scrap ferrous metals, cement, and iron and manganese ores increased.
“The new tariff policy, which is now being implemented, will make rail freight transportation even more attractive for a wide range of customers. In particular, the company has already developed a new technology for the transportation of goods by block trains: three methods of calculating the tariff, the final cost depends on the volume of cargo and distance. The customer will be able to plan the turnover and speed of transportation,” Ukrzaliznytsia reported.

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LOGISTICS OPERATOR MEEST EXPRESS LAUNCHES OWN AIR DELIVERY FROM UNITED STATES TO UKRAINE

The postal and logistics operator Trade House Meest Express LLC (Meest Express, Lviv) has launched air delivery from the United States to Lviv.
“Meest is the first Ukrainian postal and logistic company with its own air delivery from the United States. Today we met the charter flight we rented in Lviv – Boeing 787-9 Dreamliner of the LOT airline – with parcels of our dear customers,” President of Meest Rostyslav Kysil wrote on his Facebook page.
He also said that this flight was the first transatlantic flight in Lviv.
The Lviv international airport said in a report that the Polish airline LOT performed the first test flight for Meest Express.
“We are very pleased with the opening of long-haul cargo transportation to Lviv. Since the onset of the aviation crisis, due to the COVID-19 pandemic, we have actively switched to finding alternative sources of income… Today, we have a beautiful Boeing 787-9 Dreamliner cargo aircraft from the airline LOT, performing a test presentation flight. Next, we will continue to work on which airline will deliver goods to Lviv,” Director General of the Lviv airport Tetiana Romanovska said.
According to her, the opening of such flights will save the situation with the financial condition of the enterprise and will provide an opportunity to improve it in the winter.
“From now on, the Lviv airport becomes not only a passenger, but also a cargo aviation hub,” Romanovska said.
Meest Group is part of Meest Corporation Inc. (Toronto, Canada). It provides postal and logistics services in 20 countries: Canada, the United States, Ukraine, Australia, Germany, the UK, France, Italy, Spain, Greece, Portugal, the Czech Republic, Poland, China, Kazakhstan, Georgia, Uzbekistan, Armenia, Azerbaijan, and Israel.

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AIR ARABIA RESUMES FLIGHTS FROM UNITED ARAB EMIRATES TO UKRAINE

Air Arabia has resumed regular flights from the United Arab Emirates (UAE) to the Boryspil International Airport.
“Yesterday we met flight G9 261 from Sharjah and congratulated the crew on the resumption of regular flights,” the airport said on its Facebook page on Monday.
According to the Boryspil airport, Air Arabia will operate flights four times a week: on Wednesdays, Fridays, Saturdays and Sundays.

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UKRGAZVYDOBUVANNIA REDUCES PRODUCTION OF GAS BY 0.5%

JSC Ukrgazvydobuvannia, part of the Naftogaz Exploration and Production division, reduced the production of marketable gas by 0.5% (by 47.8 million cubic meters) in January-September 2020, as compared to the same period last year, to 10.135 billion cubic meters.
Naftogaz noted that it will be more difficult to maintain production at last year’s level in the fourth quarter due to the cumulative effect of negative factors associated with the four months’ lack of approval of the permits required to start drilling, as well as low prices for energy with a consequent reducing of investment in production activities, and a delay of the delivery of equipment and materials due to quarantine restrictions.
In general, it was possible to maintain production volumes over the nine months due to the modernization and construction of ground infrastructure facilities, the implementation of the development program and additional exploration of existing fields, as well as work on new areas.
So, since the beginning of 2020, the divisions of Naftogaz Group have completed the drilling of 27 wells, performed 210 workovers of wells, 75 hydraulic fracturing operations, and 551 coiled tubing operations, completed the reconstruction of four gas treatment units, the construction of four gas pipelines and 66.8 km of plumes.

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HEALTH MINISTER: DEVELOPMENT OF UKRAINIAN VACCINE AGAINST COVID-19 CORONAVIRUS CAN BE COMPLETED IN YEAR

Three stages of clinical trials of the Ukrainian candidate for vaccines against coronavirus (COVID-19) will take about a year, Health Minister Maksym Stepanov has said.
“We still have a very long way to go for this vaccine candidate to become a vaccine. For this, we need to go through three phases of clinical trials. Now an appropriate production facility is being selected in Ukraine where this can be done. If our expectations come true, and the chosen manufacturer and the chosen path we go through normally, then in […] about a year, we can get original Ukrainian vaccine against COVID-19,” Stepanov said at an online briefing on Monday.
As reported, earlier the developers presented results of the preclinical study phase of original Ukrainian vaccine candidate to Ukrainian President Volodymyr Zelensky.
These studies lasted six months and include the presence of coronavirus neutralization in a sample of infected human cells. It was reported that this candidate for original Ukrainian vaccine is being created on the basis of a unique approach.
At the same time, Zelensky said that he cannot speak today about the timing of appearance of such a vaccine. If someone has a vaccine for COVID-19 earlier, Ukraine will buy it.

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