Agrovalley Limited, controlled by the chairman of the board of directors of IMC agricultural holding, Oleksandr Petrov, on May 27, 2019 acquired 56,573 shares of IMC S.A. (Luxembourg), increasing the share in the agricultural holding by 0.17 percentage points, to 72.68%.
According to the IMC report on the website of the Warsaw Stock Exchange (WSE), the purchase price of one share was PLN 14.10 ($3.67 at the rate of the National Bank of Poland on May 28).
Agrovalley Limited after the transaction increased the total stake to 24.174 million shares.
Hungary’s low cost airline Wizz Air Holdings Plc in its report for FY2019 posted on the London Stock Exchange (LSE), referring to Innovata source, named Russia’s Aeroflot and Nordwind Airlines among the largest on the Ukrainian market.
According to the report of Wizz Air, referring to Innovata portal, Aeroflot is second with the market share of 8.2% in Ukraine after Ukraine International Airlines (UIA) with 35.9% market share according to the report. The share of the Ukrainian market of Wizz Air is 7.7%.
As for the low cost segment, Wizz Air named itself number one with the market share of 43.1%, placing Nordwind Airlines with 12.9% second and Pegasus Airlines with 12.5% third.
According to the report of Wizz Air Holdings Plc, Wizz Air Ukraine is inactive, and the number of flights from Ukraine as of March 31, 2019 was 30.
According to the information from the route network of airlines, both Aeroflot and Nordwind Airlines fly to the annexed Crimea, in particular, Nordwind Airlines is among airlines serviced the largest number flights to Crimea from Russia.
Motor Sich airline from June 3, 2019 will resume Kyiv-Uzhgorod flights, Sikorsky Kyiv international airport has said on its Facebook page.
Flights will be operated on Mondays, Wednesdays and Fridays with departure from Uzhgorod at 7:00 and arrival at the Kyiv airport at 9:00. In the opposite direction, departure from Kyiv is scheduled for 18:30, arrival in Uzhgorod – at 20:30.
Flights will be serviced by the Yak-40 plane.
Air tickets are already available on the airline’s website.
As reported, Motor Sich airline from May 11, 2019 stopped servicing the Kyiv-Uzhgorod flight.
As reported, the flight was launched on March 15, 2019. Ukrainian President Petro Poroshenko and Infrastructure Minister Volodymyr Omelyan attended the launch ceremony.
The European Bank for Reconstruction and Development (EBRD) could provide Kyivteploenergo with up to EUR140 million in a loan to modernize the heat and power complex of the capital, Senior Adviser of the EBRD Anton Usov has said.
The parties under the ERBD Green Cities program signed an agreement on the preparation of financing.
It is expected that the result of this work will be a loan of up to EUR140 million, Usov said on Facebook.
As reported, Kyiv, following Lviv, became the second city in Ukraine, which joined the EBRD Green Cities project.
In the autumn of 2018, the EBRD approved the extension of this program with the possibility of allocating additional financing in the form of various loans with a total volume of up to EUR700 million. According to the program’s website, it currently has over EUR1 billion of confirmed funding, of which more than EUR250 million has already been invested.
DTEK Group in January-March 2019 reduced coal imports by 24.1% (224,700 tonnes) compared to the same period last year, to 707,700 tonnes, according to a press release from the company.
In the first quarter, DTEK enterprises increased production of coal by 1.3% compared to the same period of 2018, to 6.476 million tonnes.
In particular, the production of G and DG grade coal (Ukraine) in January-March 2019 increased by 0.4%, to 5.782 million tonnes. Production of A grade coal by Obukhovskaya mine (the Russian Federation) for this period increased by 9.9%, to 694,600 tonnes.
Concentrate output rose by 1.4%, to 2.843 million tonnes. In particular, output at third-party processing plants in Ukraine decreased by 74.7%, to 58,000 tonnes, while at Obukhovskaya mine rose by 33.2%, to 472,900 tonnes.
Reikartz Hotel Management LLC (Kyiv), the management company of the national hotel chain Reikartz Hotel Group, will open a new building of the Reikartz Park Hotel Ivano-Frankivsk from June 2019, having doubled its number of rooms, to 78 rooms, the press service of the company has reported.
“The construction of the new building, the opening of a conference hall and a banquet hall are primarily due to the increased interest in hotel services in Ivano-Frankivsk and the growth of both tourist and business activity in the region. The new rooms will be performed in the classic Reikartz style and will have the following categories: grand standard twin, grand superior twin and two-room suite,” operating director of the network Andriy Dema said.
According to the company, the new building includes 40 rooms, a multifunctional conference hall for 100 people and a banquet room for 90 people.
As reported, Reikartz Hotel Management signed an agreement on the management of the hotel complex Park Hotel with 38 rooms in Ivano-Frankivsk in 2012.
