Business news from Ukraine

MULTIPLEX PLANS TO OPEN CINEMA IN KYIV’S TSUM SHOPPING CENTER

PJSC Multiplex-Holding, developing the Multiplex cinema chain in Ukraine, is holding negotiations with managers of Kyiv’s TsUM shopping center, seeking to open a cinema in the new premium format in it.
“We are at the final stage of negotiations. It remains to agree on some details… In the next few weeks we will sign it [the lease agreement],” Commercial Director of Multiplex Holding Vitaliy Pysarenko told Interfax-Ukraine, confirming the company’s intentions.
According to him, after signing the contract, it will take up to six months to open the cinema.
“This will be a format that corresponds to the audience of the department store itself — premium. I think it will be very popular in the center of Kyiv,” Pysarenko said.
He added that the nearest cinema to the TsUM (the Oscar cinema network) operates in the Gulliver shopping center, but Multiplex intends to offer a unique format. Pysarenko did not provide more details, but added that in connection with the change of management at TsUM, the cinema operator “has high expectations regarding the new team.”
In general, according to him, by the end of 2019, Multiplex plans to open about 40 more cinema halls (about five facilities).
“We have big plans for the next year. What I can say specifically – we will open [cinema halls] in the Spartak shopping mall (Lviv), as well as at the end of the (current) year in the Gagarin Plaza shopping mall in Odesa, which will be our first cinema in this city,” Pysarenko said.

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UKRAINIAN DANONE STARTS EXPORT TO POLAND

Danone in Ukraine has begun exporting yoghurt to Poland with the weekly deliveries of 20 tonnes, the company’s press service has reported. According to the report, Danone exports products for children under the Danonki brand (in Ukraine the Rastishka brand), as well as Activia bifidus yoghurt. The export volume of each product category is 10 tonnes per week.
“In 2018, the company received a request from partners from Poland for the supply of products for children under the Danonki brand. The request has been successfully implemented, therefore Poland became the first country in the European Union to which Ukrainian yoghurt was delivered,” the manufacturer said.
The company also reported on the request for an increase in export volumes. In addition, Danone intends to organize the supply of dairy products to other EU countries.
According to the company, Danone is now also exporting Prostokvashino sour cream and Activia drinking bifidus yoghurt to the United Arab Emirates. According to Danone, the exported products are manufactured at Danone Dnipro plant (Kherson). Danone Group is represented in 120 countries. It owns more than 190 factories, which employ about 102,000 people.

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ON NOVEMBER,10 AND 11 A SHOW-EXHIBITION “THE WORLD OF HORSES” WILL TAKE PLACE IN THE «KYIVAN RUS PARK»

An interesting and cognitive program with horse-trick performances, live vocal, theatrical performances on historic theme, ancient Slavic amusements will be waiting for the guests. Also the guests will be presented a historical horse breeds collection from all over the world in the Princely stable.
Beside this, in these days starting from 14:00 an Interregional historic battle tournament «The Vytyaz of the Kyivan Detynetz» will be held.
Ancient Kyiv opens at 10:00. The program starts at 13:00 and will last till 18:00
The ticket price: a full ticket for an adult – 150 Uah., for pensioners and students – 100 Uah., for schoolchildren – 50 Uah., preschool children – for free.
Ancient Kyiv in the Principality of «Kyivan Rus» is not far from the modern Kyiv – only in a 45-minutes drive – in the Kyivan region, Obukhivskiy district, vill. Kopachiv. Route taxis from Kyiv leave from the «Vydybitchi» metro station (the exit from the metro to the side of the «Fourchette» supermarket), according to the schedule on the website.
The Interfax subscribers can spare money using the promo code “openbusiness-20” for the 20% discount when buying a ticket for an adult (at full price) to the Principality of Kyivan Rus:
– by previous booking by tel.: +38 044 461-99-37, +38 050 385-20-35
– at the cash desk at the entrance to the «Kyivan Rus Park».

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2.56 MLN PEOPLE USE SERVICES OF UKRAINIAN TOUR OPERATORS IN 2017

A total of 2.56 million people used services of Ukrainian tour operators in 2017, and total revenue of tour companies accounted for UAH 13.14 billion, according to a posting on the website of the Regional Development, Construction, Housing and Utilities Economy Ministry of Ukraine. According to the report, the largest number of tourists in 2017 used services of Join UP! tour operator (703,400 people, including 678,000 Ukrainians travelling abroad), ANEX Tour (453,800), and Travel Professional Group (240,700). ANEX Tour (UAH 5.53 billion), Travel Professional Group (UAH 3.27 billion) and TUI Ukraine (UAH 1.95 billion) saw the largest profit.
Among the leaders in the number of tourists are also companies TEZ Tour (233,700), Coral Travel (199,800) and TUI Ukraine (136,200); by the amount of profit seen – Kyivsky Sputnik (UAH 237 million), Siesta (UAH 173 million), Yana Luxury Travel (UAH 123.3 million), Kiy Avia (UAH 11.1.2 million), New Standard (UAH 100.3 million), Orbita (UAH 57.3 million), and Club Med (UAH 57.2 million).
In 2017, tour operators sold 1.26 million vouchers with a total value of about UAH 27.9 billion. 790,700 vouchers were sold directly to the population, of which 742,100 were vouchers for Ukrainians to travel abroad, 38,600 vouchers for Ukrainians to travel within the country, and 10,000 to foreigners for traveling in Ukraine.

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UKRAINE INITIATES TO CREATE A FREE TRADE AREA WITH CHINA

First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has proposed to Vice-Premier of the State Council of the People’s Republic of China Liu He to commence joint consultations about the possible creation of a free trade area (FTA). “I have offered Vice-Premier of the State Council of the People’s Republic of China Liu He to start joint Ukrainian-Chinese consultations on the prerequisites for creating a Ukraine-China free trade area,” he wrote on his Facebook page, following a meeting with Liu He during his working visit to Beijing (China) on Thursday.
According to a posting on the website of the Economic Development and Trade Ministry, after a long interruption in the work of the intergovernmental commission on cooperation between Ukraine and China, its activities were resumed, which favored increased trade and cooperation between enterprises of the two countries. “However, this volume of trade does not correspond to the existing potential. In the next five years, we can increase trade turnover to $20 billion a year,” the ministry said, citing Kubiv as saying.
As reported, trade turnover between Ukraine and China in January-August 2018, compared with the same period last year, grew by 21%, to $5.8 billion.

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