Oil transit through Ukraine to European countries in January-November 2019 decreased by 1.1% (by 138,400 tonnes) compared to the same period in 2018, to 11.967 million tonnes, according to data from JSC Ukrtransnafta. The volume of oil transportation to oil refineries in the country for the 11 months amounted to 2.175 million tonnes, which is 13% (249,600 tonnes) more than in the same period in 2018.
Thus, in January-November 2019, the share of transit volume in total oil transportation (14.142 million tonnes) amounted to 84.6%, the share of pumping to the country’s refineries some 15.4%.
In November 2019, oil transit through Ukraine by pipeline increased by 33.6% (by 334,700 tonnes) compared to the same month of 2018, to 1.330 million tonnes, pumping to the country’s refineries by 10.5% (by 19,700 tonnes), to 206,800 tonnes.
Kyiv Zhuliany International Airport intends to serve 2.6 million passengers in 2019, which is more than 7% less than in 2018, Denys Kostrzhevsky, the head of the airport’s board of directors, has said. “I won’t say that we have a catastrophic decline in growth rates. Compared to last year, when we transported almost 2.8 million people, this year we expect to service 2.6 million passengers. That is, the decrease in passenger traffic will be about 8%. I even won’t call it a fall, it’s an adjustment. In 2018, Kyiv airport showed an explosive growth – we grew by 52% compared to 2017. This year there will be a drop in passenger traffic. This is not a catastrophic drop,” he said in an interview with Interfax-Ukraine.
At the same time, he noted that in 2020 passenger traffic growth is expected.
“The airline’s plans for scheduled flights are quite conservative and long-term. At present, we already know the airline’s plans for spring-summer navigation, until October 2020,” he added.
According to forecasts announced at the international conference Global Airport Development in Dublin (Ireland), in the medium term the growth rate of passenger traffic in the world will be 5-8% per year.
“In Ukraine, the market is underestimated and underdeveloped due to low purchasing power … We have been slowing down for a long time and now we must catch up with the world figures for the number of flying citizens per capita. All this is closely connected with state policy. If the economic and political situation in the country allow saying that business and the economy are developing steadily, household incomes are growing, respectively, and aviation growth will be large,” he said.
Farmak pharmaceutical company (Kyiv) will expand its focus to the development of products, which could be presented on global markets, Farmak CEO Volodymyr Kostiuk has said. “In development, we are now focusing on well-regulated markets. The molecules we are developing will be interesting for the global market,” he told Interfax-Ukraine on the sidelines of the Ukrainian Pharmaceutical Forum organized by Adam Smith Conferences in Kyiv.
Kostiuk said that the new molecules, which are developed by scientists of Farmak, “are complex medicines, they will require large investments in development, great knowledge.”
He said that Farmak will continue its strategy of launching at least 20 new products per year on the market, and in the coming years it will be drugs which patent protection expires.
According to him, these are drugs based on 118 molecules.
Kostiuk also said that Farmak plans to increase its export share to 40%.
PJSC Farmak is one of the three leaders in the pharmaceutical industry of Ukraine. It is a member of the Association Manufacturers of Medications of Ukraine (AMMU). The beneficiary of the company is the head of the supervisory board, Filia Zhebrovska.
The volume of remittances by labor migrants to Ukraine this year is expected to exceed $11 billion.
Such a forecast was unveiled by Deputy Governor of the National Bank of Ukraine Oleg Churiy in an interview with UATV.
“The numbers will be slightly higher than last year, but there is a clear tendency to slowdown in the pace of labor migration. This is due to the fact that incomes in Ukraine are growing quite quickly, the nominal growth in wages is about 20%,” Churiy said.
He added that the strengthening of the hryvnia in 2019 by 12% influenced the growth in income in foreign currency equivalent, which is also a positive signal for Ukrainians.
“The volume of dividend repatriation this year is not much different from last year. About $3 billion has been repatriated this year,” Churiy said.According to him, such a level of the indicator does not threaten financial stability, however, the fact that businesses can manage their profit is an attractive factor for investors.
As reported, on September 10, the central bank canceled a monthly limit of EUR5 million for repatriation of funds from the sale of securities, corporate rights, as well as funds received as a result of a decrease in the charter capital of legal entities and withdrawal of foreign investors from business entities.
Ratio of fertility and mortality by Ukrainian regions
The Ministry of Energy and Environment Protection offers renewable energy market participants the voluntary restructuring of feed-in tariffs with its reduction by 17% for existing solar power plants and 10% for wind power plants with the extension of the payment term for five years.
The corresponding bill will be registered in the Verkhovna Rada in the coming days, Kostiantyn Chizhik, the deputy energy minister for European integration, said during the tenth International Investment Forum on Renewable Energy in Kyiv.
According to him, for projects that are planned to be implemented within the framework of signed pre-PPA (contracts for the sale and purchase of electricity at the current feed-in tariff for future facilities), restructuring in the form of a 15% reduction in the feed-in tariff for solar plants and a 10% reduction for wind farms is proposed.
“We expect that, firstly, it will balance the deficit of Guaranteed Buyer and, secondly, it will make tariffs closer to market prices. I want to emphasize that these proposals, perhaps with slight deviations, were supported by the majority of relevant renewable energy associations,” the deputy minister said.
The bill also provides for increased liability of electricity producers for imbalances.
