Business news from Ukraine

Business news from Ukraine

LVIV INTERNATIONAL AIRPORT SEES 38% RISE IN PASSENGER FLOW IN 2019

Passenger traffic of the Lviv international airport named after Danylo Halytsky in January-September 2019 amounted to 1.671 million people, which is 38.7% more than in the same period in 2018, the airport’s press service has reported on its Facebook page.
The number of flights in January-September reached 14,445, which is 25% more than in January-September last year.
According to the results of September 2019, 226,300 passengers used the airport services, which is 34.3% more than in August 2018.
At the same time, the number of operated flights in September 2019 increased 29.6%, to 1,948.
As reported, the Lviv Airport in 2018 increased passenger traffic by 48% compared to 2017, to 1.598 million people.
The airport is located 6 km south of the city center.
The new terminal building, built for Euro 2012, was commissioned on April 12, 2012. The new terminal with a total area of 39,000 square meters has nine gates, 28 check-in counters, two self-service check-in kiosks, 18 passport control points and 12 airport security points.
The main routes handled by the airport are: Warsaw (Poland), Istanbul (Turkey), Munich (Germany), Vienna (Austria), Baku (Azerbaijan), Thessaloniki (Greece), Madrid (Spain), Rome (Italy), Tel Aviv (Israel), Bologna (Italy), Radom (Poland), Heraklion (Greece), Minsk (Belarus), and Burgas (Bulgaria).

UKRAINE INCREASES ROLLED STEEL BY 2%, STEEL BY 4%

Ukrainian metal and mining enterprises in January-September 2019 tentatively increased rolled steel output by 1.9% year-over-year, to 14.103 million tonnes.
According to the Ukrmetallurgprom association, steel smelting grew by 4.1%, to 16.414 million tonnes, cast iron output increased by 1.1%, to 15.471 million tonnes.
In September 2019, Ukrainian metal companies produced 1.746 million tonnes of cast iron (95.4% to the previous month), 1.759 million tonnes of steel (90.8%), and 1.583 million tonnes of rolled steel (103%).
As reported, Ukrainian metal and mining enterprises in 2018 tentatively increased rolled steel output by 1% year-over-year, to 18.446 million tonnes. Steel smelting fell by 2%, to 21.06 million tonnes, and cast iron output increased by 2%, to 20.531 million tonnes.
Ukrainian metal and mining enterprises in 2017, taking into account the two months of operation of the enterprises on the government uncontrolled areas, reduced steel output by 12% year-over-year, to 21.284 million tonnes, rolled steel – by 14%, to 18.439 million tonnes, and cast iron – by 15%, to 20.035 million tonnes.
In 2016, Ukraine boosted steel output by 6% year-over-year, to 24.2 million tonnes, cast iron – by 8%, to 23.6 million tonnes, and rolled steel – by 6%, to 21.4 million tonnes.

KYIVSTAR MOBILE OPERATOR LAUNCHES FOUR NEW TARIFFS

Kyivstar mobile operator starting from October 1, 2019 launches four tariff plans for new customers within the Kyivstar All Together line.
According to the company’s press service, all new tariff plans include home Internet with a speed of 100 Mbps, unlimited calls within the Kyivstar network and unlimited non-tariff Internet for using 42 applications. Among them are Google Maps, Snapchat, Pinterest, Google Play Music, SoundCloud, Spotify, Netflix, as well as the online games Minecraft, World of Tanks BLITZ, the Steam service, etc.
The new Kyivstar All Together Basic tariff, in particular, provides subscribers with 120 minutes to the numbers of other telecom operators, as well as 12GB of mobile Internet.
Within the Kyivstar All Together Favorable tariff, subscribers will have unlimited mobile Internet and 180 minutes for calls to other mobile operators and abroad, as well as 180 SMS for sending within Ukraine.
The Kyivstar All Together Generous tariff includes unlimited mobile Internet and 300 minutes for calls to other mobile numbers in Ukraine and abroad.
The Kyivstar All Together Gaming tariff is designed for fans of the World of Tanks online game. It has additional gaming advantages. In addition, this package includes 300 minutes for calls to other mobile operators in Ukraine and abroad, as well as 300 SMS within Ukraine.

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UKRAINIAN ARTBUILD HOTEL GROUP PLANS TO OPEN HOTEL IN ROME

ArtBuild Hotel Group (ABHG, Kyiv) plans in October 2019 to open the Santa Sofia hotel of the economy+ class in Rome (Italy), managing partner of the company Oleksiy Yevchenko has told Interfax-Ukraine.
“In October, we open a hotel project in Rome. We have long been working in the international market as consultants, but our own hotel will appear abroad for the first time. The object is located in the tourist center of Rome, not far from the Coliseum. This is the reconstruction of a commercial apartment building for pilgrims into an economy+ hotel,” he said.
ArtBuild Hotel Group rented premises for the hotel.
The hotel has 50 rooms, a restaurant on the ground floor and a wine bar on the open roof terrace.
According to him, currently ArtBuild Hotel Group is also developing concepts for four hotels in Kyiv, another one in Rome and another in Budapest.
“Hotels will be represented in economy and midscale segments that are most popular in Kyiv now. They have different locations, but none of them will be located in the central part of Kyiv. One of them will be managed by ArtBuild Hotel Management,” the managing partner said.
ArtBuild Hotel Group is one of the first companies in Ukraine specializing in hotel fee development and consulting. The company implements hotel real estate projects in different segments.

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PRESIDENT OF UKRAINE ISSUES DECREE ON GOALS OF SUSTAINABLE DEVELOPMENT UNTIL 2030

President of Ukraine Volodymyr Zelensky has ruled to ensure compliance with 17 goals of sustainable development of Ukraine for the period until 2030.
According to decree No. 722/2019, posted on the presidential website on Monday, this document is aimed at ensuring the national interests of Ukraine in the sustainable development of the economy, the civil society and the state in order to achieve an increase in the level and quality of life of the population, observe the constitutional rights and freedoms of man and citizen.
Thus, Zelensky, supporting the global goals of sustainable development until 2030 and the results of their adaptation, taking into account the specifics of Ukraine’s development, as set out in the national report “Sustainable Development Goals of Ukraine” proclaimed by resolution No. 70/1 of the United Nations General Assembly on September 25, 2015, ruled to ensure compliance with the goals and also listed 17 such goals.

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INVESTMENTS IN UNIT.CITY CONSTRUCTION IN KIEV BY 2021 TO BE EUR245 MLN

By 2021, the first Ukrainian innovation park, UNIT.City (a project of UFuture), will be built at 20%, and the amount of investment in it will reach 245 million euros.
“UNIT.City must integrate into the international innovation ecosystem. To do this, we are ready to actively invest in the project, attract global technological leaders, and interact with global financial institutions. The park has reached a new level and is an understandable partner for key industry players,” Vasyl Khmelnytsky, Founder of UFuture, said.
Today, about EUR50 million have been invested in the innovation park and 36 thousand square meters of infrastructure have been built. Three campuses, an IT-school for gifted youth, UNIT Factory, coworking Chasopys.UNIT, a free sports complex and several cafes have been opened. By the end of this year, EUR70 million will be invested in the construction of two business campuses and the first phase of UNIT.Home with a total area of 60 thousand square meters. The construction of five new business campuses, the second phase of UNIT.Home, and a school (with a total area of 110 thousand square meters) is planned to start next year with EUR125 million of investments. Thus, a fifth part of the territory of the innovation park will be built.
According to UNIT.City’s CEO Dominique Piotet, in 2020, comfortable conditions for 150 resident companies as well as for education of more than 1,200 students will be created in the innovation park. Partnership with two of the world’s leading universities is planned. Five venture capital funds, eight laboratories, and ten accelerators are expected to operate in UNIT.City next year. The top manager hopes that international events such as Web Summit, IT Arena, CES, and Davos will be held at UNIT.City in 2020.
“My goal is to ensure that in 2025, when 90% of UNIT.City is built, the world appreciates Ukraine no longer for outsourcing, but for the high quality of innovations, startups. I would like the world to perceive our ecosystem as a place where ideas grow into world-famous companies. Where billion-dollar unicorn startups appear. I would like the next Tesla or iPhone to be born here in UNIT.City,” Dominique Piotet said.
The symbol of the “New Era” of the innovation park’s development is the opening of the unique “Beacon” art object at UNIT.City square. With the onset of darkness, light gradually rises along the two sides of a 60-meter factory pipe lighting a bright beam at the top. The diameter of its base is 3.5 m, and the length can reach 100 meters.
Inside the art object, a dome screen and a projection system were installed by a Ukrainian company, developer of visual solutions and technologies for planetariums and museums, Front Pictures. The image on the screen is being created by four projectors under the control of the Screenberry media server. The planetarium can be controlled remotely through the application on the tablet. “Beacon” was designed by a British artist, Sebastian Kite. The concept of the project was implemented by UDP development company.

ADDITIONAL INFORMATION
UFuture is a holding company of Ukrainian entrepreneur Vasyl Khmelnytsky that integrates his business and impact-investment projects. The Company has a diversified portfolio of assets in real estate, industry, infrastructure, renewable energy, pharmaceuticals, and IT. As of today, UFuture’s assets are estimated at $550 million with total capitalization of the businesses invested in exceeding $1 billion.
UNIT.City is Ukraine’s first innovation park. It is the location where matchless infrastructure and all-inclusive ecosystem enable high technology, innovative and creative businesses to happen and flourish. The goal is to become the center of innovations and a one-point entry into Ukraine for investors, partners and new technology from all over the world. The mission of UNIT.City is to create a unique innovation platform where advanced companies, start-ups and mavens get an opportunity to cross paths and work together ramping up their growth.

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