Business news from Ukraine

Business news from Ukraine

TOURISM INDUSTRY OF UKRAINE LOSES ABOUT UAH 60 BLN IN 2020

The tourism industry of Ukraine in 2020 saw about UAH 60 billion damage due to the coronavirus pandemic.
“The demand is lower today and the damage to the market has been significant. If in the world the losses of the tourism industry amounted to about $ 800 billion, then in Ukraine, according to our calculations, about UAH 60 billion. This is the damage that the industry saw in 2020,” the head of the State Agency of Tourism Development in Ukraine, Maryana Oleskiv, said during a press conference on assessing the impact of COVID-19 on the hotel industry in Ukraine.
At the same time, she clarified that the agency plans to publish the detailed results of the industry in 2020 in early February.
At the same time, there is still no detailed statistical data on the tourism market and its participants in Ukraine, Oleskiv said.
“For the state agency, this will be one of the priorities in the next [2021] year. In the budget that we have, which is UAH 100 million, we plan to use a significant share of funding to create a unified tourism register, where all accommodation facilities and tourist activity subjects can register and receive operational statistics at least monthly,” the expert said.

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UKRAINE INTENDS TO AGREE WITH KFW ON EUR 36.5 MLN FINANCING

The Cabinet of Ministers intends to sign several additional agreements between the government, the Ukrainian Social Investment Fund (USIF) and the German state bank KfW on the development of social infrastructure in the country for the amount of EUR 36.5 million.
The relevant draft documents were adopted at a government meeting on Wednesday.
In particular, a draft supplementary agreement to the agreement dated April 19, 2018 signed with KfW for UAH 9 million was approved for the Promotion of Social Infrastructure Development Project; a draft supplementary agreement to the agreement dated May 20, 2019 signed with KfW for the amount of EUR 14.45 million for the Promotion of Social Infrastructure Development. Improvement of Rural Basic Health Project; a draft agreement with KfW for the amount of UAH 13.1 million for the Promotion of Social Infrastructure Development Project.
Deputy Prime Minister, Minister for Reintegration of Temporarily Occupied Territories of Ukraine Oleksiy Reznikov was authorized to sign the documents.

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UKRAINE GETTING READY TO INTRODUCE VACCINATION PASSPORTS AGAINST COVID-19

Ukraine is preparing for the introduction of vaccination passports against COVID-19, said chief sanitary doctor of Ukraine Viktor Liashko in an interview with Ukraine 24 on the Telegram channel of the TV channel on Tuesday.
According to him, all vaccinated will be entered into the electronic health care system so far.
“When mandatory vaccination passports are introduced at the international level, Ukrainian doctors will be able to promptly issue a certificate of vaccinations,” Liashko stressed.
Also, according to the chief sanitary doctor, the government is doing everything possible to vaccinate the population of Ukraine over 18 free of charge with two doses of the vaccine.

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UKRAINE LOWERS ELECTRICITY EXPORTS BY 26.5%, IMPORTS BY 15.3% IN 2020

Ukraine in 2020 reduced the export of electricity by 26.5% (by 1.715 billion kWh) compared to 2019, to 4.754 billion kWh, according to the data of NPC Ukrenergo.
According to the calculations of Interfax-Ukraine, the supply of electricity from the Burshtyn TPP energy island to Hungary, Slovakia and Romania decreased 32.1% (by 1.428 billion kWh), to 3.02 billion kWh.
Electricity supplies to Poland grew by 7.8% (by 107.3 million kWh), to 1.484 billion kWh. Electricity supplies to Moldova decreased 74.1% (by 476.9 million kWh), to 167.1 million kWh. Export to Belarus amounted to 82.8 million kWh.
Ukrainian electricity was not exported to Russia.
At the same time, Ukraine in 2020 also cut electricity imports by 15.3% (by 413.7 million kWh) compared to 2019, to 2.285 billion kWh, including 1.474 billion kWh supplied from Slovakia, 516 million kWh from Hungary, 152.3 million kWh from Belarus, 89.4 million kWh from Romania, and 53.4 million kWh from the Russian Federation.
In addition, within technological flows associated with the parallel operation of the IPS of Ukraine with the power systems of neighboring countries and power supply of dead-end areas, 58.9 million kWh of electricity was imported from the Russian Federation last year, and 0.9 million kWh from Belarus. Emergency supplies from Hungary amounted to 1.1 million kWh.

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