Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES ELECTRICITY EXPORTS BY 4.1%

Ukraine in January-March 2019 increased electricity exports by 4.1% (by 66.2 million kWh) compared to the same period in 2018, to 1.662 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Electricity supplies from the Burshtyn TPP Energy Island in the direction of Hungary, Slovakia and Romania increased by 0.4% (by 2.7 million kWh), to 1.027 billion kWh.
Electricity supplies to Poland decreased by 3.1% (by 12.9 million kWh), to 410.4 million kWh.
Electricity supplies to Moldova amounted to 224.6 million kWh, which is 53.6% (78.4 million kWh) more than in January-March 2018.
For the three months of 2018 and 2019, Ukrainian electricity was not exported to Belarus and Russia.
In addition, in the first quarter of this year, Ukraine imported 5.9 million

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YUZHNY SEAPORT RAISES CARGO HANDLING BY 19%

Yuzhny seaport (Odesa region), the largest seaport of Ukraine in terms of transshipment, increased cargo transshipment by 18.7% in January-March 2019 compared to January-March 2018, to 11.6 million tonnes.
According to the Ukrainian Sea Ports Authority, during this period the port increased the handling of exported cargo by 39.8%, to 8.973 million tonnes, decreased the handling of imported cargo by 31.98%, to 1.203 million tonnes, transit cargo handling fell by 10.22%, to 1.422 million tonnes, and the port increased handling of coastal freight 2.86-fold, to 31,930 tonnes.
According to the types of cargo, the port in January-March 2019 increased the transshipment of liquid cargo by 9.13%, to 1.077 million tonnes, increased the transshipment of dry bulk cargo by 19.45%, to 9.207 million tonnes, and increased the transshipment of packaged goods by 22.16%, to 1.315 million tonnes.
Container handling amounted to 52,000 TEU (a more than threefold increase).
Yuzhny port was founded in 1978. It is located on the Adzhalyk firth and is the deepest harbor in Ukraine. The length of its berths is around 2.6 kilometers.

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UKRAINE INCREASES IMPORTS OF COPPER BY 30% IN Q1 2019

Ukrainian enterprises increased imports of copper and copper products in terms of money by 19.7% in January-March 2019 compared with January-March 2018, to $27.419 million.
Exports of copper and copper products decreased 57.4% over the year to $19.412 million, according to customs statistics released by the State Fiscal Service of Ukraine.
In March, copper and copper products were imported to the tune of $11.753 million, and copper exports were estimated at $7.739 million.
In addition, Ukraine in January-March 2019 increased imports of nickel and products made of it by 3.4%, to $24.133 million (imports in March were estimated at $8.338 million), while imports of aluminum and products made of it fell by 4.4%, to $78.605 million ($27.829 million). Imports of, lead and products made of it rose by 11.8%, to $3.193 million ($0.918 million) and imports of tin and products made of it decreased 38%, to $0.809 ($0.45 million). Imports of zinc and zinc goods decreased 43.1%, to $12.237 million ($4.986 million).
Exports of aluminum and products made of it decreased 33.5% in January-March 2019, to $23.888 million ($8.836 million in March alone), while shipments of lead abroad decreased 49.8%, to $5.285 million ($2.302 million). Exports of nickel fell by 70.8%, to $0.671 million ($0.265 million in March).
Zinc exports in January-March 2019 amounted to $0.197 million (some $0.111 million in March) compared to $0.042 million in January-March 2018.
Exports of tin and products made of it in January-March 2019 were estimated at $0.02 million (some $0.005 million in March) compared to $0.257 million in January-March 2018.

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UKRAINIAN COMPANIES INCREASE EXPORT OF FERROALLOYS BY 7.7% RISE

Ukraine in January-March 2019 boosted exports of ferroalloys by 7.7% compared to the same period last year, to 238,167 tonnes (221,163 tonnes in January-March 2018).
According to customs statistics made public by the State Fiscal Service of Ukraine, exports of ferroalloys in monetary terms grew by 1.7%, to $262.904 million.
Major exports were carried out to Italy (18.1% of supply in monetary terms), Turkey (15.62%), and the Netherlands (8.06%).
In addition, in January-March 2019, Ukraine imported 13,855 tonnes of similar products, which is 21.6% more compared to the same period last year. In monetary terms, imports for this period increased by 4.9%, to $36.827 million.
Imports were mainly made from Norway (22.11%), the Czech Republic (22.11%), and Kazakhstan (15.68%).
As reported, Ukraine in 2018 increased exports of ferroalloys in natural terms by 3.5% compared to the same period last year, to 904,290 tonnes. Exports of ferroalloys in monetary terms fell by 12.3%, to $977.858 million. Major exports were carried out to Turkey (16.84% of supply in monetary terms), Italy (15.78%), and the Netherlands (13.73%).
Last year Ukraine imported 60,373 tonnes of similar products, which is 2% less compared to 2017. In monetary terms, imports for this period increased by 26.9%, to $170.530 million. Imports were mainly made from Norway (21.9%), the Czech Republic (17.58%), and Kazakhstan (14.75%).
PrivatBank (Kyiv) prior to its nationalization organized the business of Stakhanov and Zaporizhia ferroalloys plants. Nikopol Ferroalloy Plant is under control of the EastOne Group, established in autumn 2007 as a result of the restructuring of the Interpipe group, as well as the Privat Group.

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KYIV SIKORSKY INTERNATIONAL AIRPORT INCREASES PASSENGER TRAFFIC BY 44% IN Q1

Kyiv Sikorsky International Airport in January-March 2019 served 638,100 passengers, which is 44.3% more than in the same period of 2018.
According to statistics released by the airport’s press service, the number of passengers served on international flights in the first quarter was 622,300, and on domestic flights some 15,800.
At the same time, the number of flights amounted to 6,669 on arrival/departure, which is 21.3% more than in the same period in 2018, including 5,624 international flights, and 1,045 domestic flights.
The most popular international destinations at the airport in January-March 2019 were Sharm el Sheikh (Egypt), Warsaw (Poland), Minsk (Belarus), Ankara (Turkey), Vienna (Austria), Berlin (Germany), Budapest (Hungary), internal – Odesa, Zaporizhia, and Lviv.

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