Business news from Ukraine

Business news from Ukraine

UKRAINIANS REGISTER 23,000 IMPORTED USED PASSENGER CARS IN SEPTEMBER

Ukrainians registered 23,000 imported used passenger cars in September, which is 3.2 times more than the registrations of new passenger cars in the same month, the Ukrautoprom association has reported.
Compared with September 2018 registrations of imported used passenger cars grew 2.3 times, and their share of the primary market grew from 60% to 76%.
The most popular car was Volkswagen Passat (1,460 cars registered). Renault Megane with 1,315 cars, and Skoda Octavia with 1,203 cars was third.
Volkswagen Golf with 912 registrations was fourth and Ford Focus with 789 used cars registered was fifth.
The association said that since the start of 2019, 321,600 imported used passenger cars have been registered in Ukraine, which is 4.5 times more than a year ago. The new passenger car market over the period was only 61,700 cars.
On September 12, 2019, the Verkhovna Rada repeatedly postponed the application of fines for owners of cars with foreign license plates for 90 days.

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WORLD INTELLECTUAL PROPERTY ORGANIZATION AND UKRAINE SIGN COOPERATION PROGRAM

Deputy Minister of Economic Development, Trade and Agriculture – Trade Representative of Ukraine Taras Kachka and Director General of the World Intellectual Property Organization (WIPO) Francis Gurry discussed bilateral cooperation in the field of intellectual property and signed a Cooperation Program for 2020-2021.
According to a message on the ministry’s website, the parties also signed a memorandum of cooperation, which, in particular, provides for the establishment of a National Intellectual Property Center in Ukraine.
“We plan to create a National Center for Intellectual Property according to the methodology of the World Intellectual Property Organization, as well as to develop a network of Technology and Innovation Support Centers. In the future, Ukraine will join the WIPO-administered Marrakesh Treaty to Facilitate Access to Published Works,” the ministry quoted Taras Kachka as saying.

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CHANGES IN CURRENCY EXCHANGE, UAH/USD, 31.07.19.-30.09.19.

Changes in currency exchange, UAH/USD, 31.07.19.-30.09.19.

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MOST POPULAR INTERNATIONAL DESTINATIONS IN KYIV AIRPORT ARE MINSK, WARSAW, SHARM EL-SHEIKH, ROME, VIENNA

Kyiv Zhuliany International Airport served 2.009 million passengers in January-September 2019, which is 7.2% less than in January-September 2018.
According to statistics released by the airport’s press service, the number of passengers served on international flights for the nine months amounted to 1.959 million, on domestic flights some 50,200.
The number of flights in January-September 2019 amounted to 21,264 for arrival/departure, which is 8.3% less than in the same period in 2018, in particular 17,835 international flights and 3,429 domestic flights.
The most popular international destinations for the indicated period were Minsk (Belarus), Warsaw (Poland), Sharm el-Sheikh (Egypt), Rome (Italy), Vienna (Austria), Ankara (Turkey), Berlin (Germany), internal – Odesa, Zaporizhia, and Lviv.
In September 2019, the airport served 153,800 passengers, which is 50% less than in September 2018. The number of passengers served on international flights amounted to 151,400, on domestic flights some 2,400.
At the same time, the number of flights in September amounted to 1,601 for arrival/departure, which is 48.2% less than in the same period in 2018, including 1,344 international and 257 domestic.

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DCH GROUP WANTS TO INVEST IN RECONSTRUCTION OF DNIPRO AIRPORT

DCH Group, a Ukrainian industrial and financial group of Oleksandr Yaroslavsky, is ready to invest in the reconstruction of Dnipro International Airport.
According to the press service of Dnipropetrovsk Regional State Administration, the project for the reconstruction of the airport was discussed by head of the regional administration Oleksandr Bondarenko and President of DCH Group Oleksandr Yaroslavsky during a meeting in Dnipro.
“A modern international airport is one of the main priorities of Dnipropetrovsk Regional State Administration. The reconstruction of the airport, which has long been morally and physically outdated, will give an impetus to the development of the entire region. These are new opportunities for business, medicine, tourism and the region’s economy as a whole,” Bondarenko said.
According to Yaroslavsky, DCH Group is ready to invest in Dnipro airport under public-private partnership.
He noted that the company already has experience in implementing a similar project in Kharkiv. There, the construction of the runway cost $200 million, the terminal some $107 million.
According to the president of the group, thanks to optimization and modern technologies, in Dnipro such work will be at least $100 million cheaper.
“I’ve repeatedly confirmed that I am ready to use our experience in the construction and development of Kharkiv International Airport in favor of the Dnipro community, the surrounding regions, the whole Ukraine. As soon as full funding for the construction of a runway is actually allocated and fixed in the 2020 national budget, DCH as a private investor will be able to begin work on the construction of the airport complex,” Yaroslavsky said.

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UKRAINE IN 2018/2019 MARKETING YEAR EXPORTES 409,800 TONNES OF SUGAR FOR $144.3 MLN

Ukraine in the 2018/2019 marketing year (MY, September-August) exported 409,800 tonnes of sugar for $144.3 million, which is 27% less than in the previous MY, the Ukrtsukor National Association of Sugar Producers has reported
According to the association, during the reporting period there were changes in the geography of export deliveries.
“Although Uzbekistan remains the leader in imports, shipments to this country have significantly decreased from 210,000 to 96,000 tonnes. Azerbaijan ranked second with 74,000 tonnes, which ranked third last season (43,000 tonnes). Tajikistan ranks third with 36,000 tonnes (16,000 tonnes, the ninth place),” Ruslana Yanenko, the deputy chairman of the board of Ukrtsukor, said.
She noted that the share of deliveries to Uzbekistan in total exports decreased from 37% in the 2017/2018 MY to 24% in the 2018/2019 MY. The reasons for the reduction in shipments, in her opinion, are, first of all, changes in the tax policy of Uzbekistan, as well as a large number of logistic problems in the season related to the supply of Ukrainian sugar to Uzbekistan. In the 2018/2019 MY season, shipments to Israel and Libya increased, which ranked seventh and eighth in the overall ranking of Ukrainian sugar importers.
According to the association, sugar exports in the 2019/2020 MY will amount to approximately 300,000 tonnes.

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