Business news from Ukraine

Business news from Ukraine

SLOVAKIA AND UKRAINE LAUNCH REGULAR TRAIN BETWEEN KOSICE AND MUKACHEVO

Ukrzaliznytsia in partnership with Slovakian Railways (ZSSK) from June 9, 2019 will launch daily trains between Kosice (Slovakia) and Mukachevo (Zakarpattia region). According to the press service of Ukrzaliznytsia, in particular, train pair Nos. 960/961 will depart from Kosice at 09:10 (local time) with arrival in Mukachevo at 14:00; and back – at 14:54 with the arrival at 18:13.
Train pair Nos. 962/963 will depart from Kosice at 12:01 with arrival in Mukachevo at 16:42; and back – at 18:20 with the arrival at 21:33. The train will make stops in Cierna nad Tisou and Chop. The ticket price will be about EUR 7.50.

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BOSCH-UKRAINE STATES 19% RISE IN SALES

Bosch in Ukraine saw a 19% rise in sales in Ukraine in 2018 compared with the previous year, to almost EUR 90 million, the company said in a press release on Tuesday.
As reported, the initial sales forecast for the company this year planned at least 15% growth.
“Last year was successful for the company, all directions showed a good result, which allowed us to reach the pre-crisis level and significantly improve overall profitability in euros,’ Director General of Robert Bosch Ltd Vitaliy Bulda said.
According to him, “positive business development” is also expected in the current year, based on the results of the first quarter.
According to the company, in 2018, all business areas showed a positive development, in particular the Mobility Solutions sector, which is mainly represented by the auto parts division, significantly increased, the industrial technologies and electric tools divisions significantly increased, and in the construction technologies sector the growth was 75%.
The Bosch Auto Service network, according to the company, remains the largest independent network of car maintenance stations in Ukraine. Today it unites 108 stations (a year ago 104): 92 Bosch Car Service stations and 16 Bosch Diesel Service stations.
The Thermotechnology division continued its participation in the energy efficiency program developed by the European Bank for Reconstruction and Development (EBRD), which allows end users to have compensation for 35% of the cost of energy efficient housing upgrades.
Bosch in Ukraine has also implemented several innovative projects, in particular, on installing solar cell batteries on the roof of a sports complex, shopping centers, and business centers.

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