Carrying out the reform of the taxi market in Ukraine in a five-year perspective can create 100,000 jobs, according to the Uber taxi service.
“I believe that the adoption of a civilized reform will lead, firstly, to an increase in passenger safety, and secondly, to an inflow of foreign investments into Ukraine, and as a result to the creation of jobs. We estimate that the taxi reform may create 100,000 jobs in Ukraine over a five-year perspective,” Uber’s Development Director in Central and Eastern Europe Georgii Sokolianskyi said during an online discussion on the taxi market on Thursday.
According to him, the main obstacle to the development of the taxi market in Ukraine is the lack of sufficiently high-quality cars for those who are ready to work in this sector, since cars and loans in Ukraine are very expensive, especially in comparison with the EU countries.
Sokolianskyi also said that platforms such as Uber often reach agreements with car manufacturers on special terms of purchase, with leasing companies on cheaper loans, potentially secured by companies. At the same time, there is a model on the market for working with private drivers, when the platform gives money for the first payment for a car, and in return the driver agrees to brand the car for a certain period.
“At the same time, neither we, nor private investors in vehicle fleets can invest in an illegal market, where investments may be lost tomorrow if the head of the State Service of Ukraine for Transport Safety (Ukrtransbezpeka) or the head of the National Police changes,” Sokolianskyi said.
He said that due to problems with regulation in the taxi sector, Ukraine often loses competition for investment to other countries.
“For an investor, the rule of law, fair courts and transparent regulation are always important. And, perhaps, today we cannot change the quality of Ukrainian legal proceedings, but we can change the transparency of taxi regulation,” Uber’s Development Director in Central and Eastern Europe said.
JSC Ukrzaliznytsia plans to repair 313 locomotives in 2021, having invested more than UAH 4 billion of capital investments, the company’s press service said on Wednesday, with reference to Ukrzaliznytsia board member Frantisek Bures.
Ukrzaliznytsia says that next year it is also planned to repair, modernize and build more than 23,500 new cars. In particular, to build 3,000 new cars, overhaul and modernize more than 20,500 cars.
Earlier, Director of the Cargo Traffic unit at JSC Ukrzaliznytsia Irakli Ezugbaia said that Ukrzaliznytsia intends to increase investments in rolling stock and infrastructure.
“So, if this year capital investments amount to UAH 4.8 billion, then next year we plan to invest UAH 25.8 billion, some UAH 28.4 billion in 2022, and some UAH 41.1 billion in 2023. Thus, we will be able to provide our customers with equal access to the infrastructure and not refuse any one along with the transportation of goods that can be placed at Ukrzaliznytsia,” he said.
Passenger traffic at Kyiv Sikorsky International Airport in January-October 2020 amounted to 646,600 passengers, which is 71.1% less than the same period in 2019.
According to the airport’s website, the number of passengers serviced on international flights amounted to 633,700 and to 12,900 on domestic.
The number of flights (arrivals and departures) in January-October 2020 amounted to 10,900, which is 53.5% less than in the same period in 2019, of which 8,750 were international flights, and 2,200 were domestic.
The most popular international destinations since the beginning of 2020 are Warsaw (Poland), Minsk (Belarus), Vienna (Austria), Berlin (Germany), London (Great Britain), Memmingen and Dortmund (Germany), and Zaporizhia, Dnipro and Odesa as for domestic ones.
In October 2020, the airport serviced 46,100 passengers, which is 79.5% less than in October 2019. The number of passengers serviced on international flights is 44,200, on domestic flights 1,900 passengers.
The number of flights (arrivals and departures) in October 2020 amounted to 1,151, which is 49.3% less than in the same period in 2019, of which international were 930, and domestic 221.
The most popular international destinations in October 2020 were Warsaw (Poland), Dortmund (Germany), Billun (Denmark), Dalaman (Turkey), London (Great Britain), Poznan (Poland), Vilnius (Lithuania); and Zaporizhia, Dnipro and Odesa as for domestic ones.
The profit of Ukrainian banks in April-September 2020 fell by 22.2%, to UAH 37.6 billion compared to the same period a year earlier (year-over-year), at the same time, the National Bank of Ukraine (NBU) expects that till the end of 2020 the banking system of Ukraine will be profitable.
According to an overview of the banking sector on the NBU website, the banking sector continues to overcome the consequences of the COVID-19 pandemic, in the third quarter of 2020 the main indicators of banks resumed growth. At the same time, losses from the deterioration of the loan portfolio quality remain the main challenge for the profitable activities of banks.
According to the NBU report, during the third quarter, the rate on 12-month deposits in hryvnias decreased by only 0.9 percentage points, to 8.7% per annum. It is noted that, although the NBU refinancing rate remains unchanged, a further decrease in loan rates is expected, since the potential for their reduction has not yet been exhausted.
According to the National Bank, the spread between three-month and 12-month deposits in hryvnias increased slightly from 0.2 percentage points to 0.5 percentage points, but this did not create incentives for the continuation of the maturity of deposits, and corporate hryvnia funds fell by 1.4 percentage points, to 3.8% per annum.
According to the report, the average interest loan rates to economic entities in hryvnias decreased by 1.0 percentage points, to 9.6% per annum in July-September, and for loans to individuals by 1.9 percentage points, to 30.9% per annum.
It is indicated that the net assets of Ukrainian banks in the third quarter increased by 7.6% to UAH 1.71 trillion, the share of government domestic loan bonds in assets by 4.8 percentage points, and NBU deposit certificates by 17%.
Chornomorsk seaport (Odesa region) reduces handling of goods by 7.7%, to 19.437 million tonnes in January-October 2020 compared to the same period in 2019.
According to the website of the Ukrainian Sea Ports Authority (USPA), over the ten months Chornomorsk port reduced the transshipment of export cargo by 2.1%, to 15.838 million tonnes compared to January-October 2019, import cargo by 30.3%, to 2.654 million tonnes, and coastal cargo by 71.3%, to 51,600 tonnes, but increased handling of transit cargo by 1.3%, to 892,260 tonnes.
Handling of bulk cargo in the seaport decreased by 11.7%, to 1.216 million tonnes, dry bulk cargo by 4.7%, to almost 13.749 million tonnes, and packaged goods by 14.9%, to 4.472 million tonnes.
Handling of containers amounted to 125,282 TEU (increased by 12.6%).
Chornomorsk seaport is a universal international port, one of the largest on the Black Sea. The enterprise has specialized terminals and complexes that allow handling a wide range of cargo: liquid, bulk, general. The seaport’s 29 berths are capable of receiving vessels with a carrying capacity of up to 100,000 tonnes. The port’s annual designed capacity is over 30 million tonnes.
Electricity production by all power plants of state-owned enterprise Energoatom in January-October 2020 decreased by 6% (by 4.057 billion kWh), to 63.214 billion kWh compared to the same period in 2019.
According to the company’s report, the target for electricity production for the specified period was exceeded by 2.8%.
The power plants of the state-owned enterprise supplied 59.059 billion kWh of electricity versus 63.170 billion kWh in January-October 2019.
The share of Energoatom in the total structure of electricity production in the country amounted to 52.8%, which is by 0.3 percentage points less than in the ten months last year.
The volume of capital investment use amounted to UAH 7.091 billion versus UAH 11.293 billion in January-October 2019, financing of capital investments some UAH 7.404 billion versus UAH 12.544 billion.
According to the results of the reporting period, Energoatom transferred UAH 8.980 billion to the budgets of all levels, insurance payments amounted to UAH 2.593 billion.
The installed capacity utilization factor of the enterprise amounted to 62.2%, which is 4.3 percentage points less than in January-October 2019. At the same time, the coefficient of readiness to bear nominal electric load amounted to 71.8%, which is 4 percentage points more than in the ten months of 2019.
