Business news from Ukraine

TIS CONTAINER TERMINAL INCREASES CARGO TURNOVER BY 54% IN JAN-SEPT

TIS container terminal (Odesa region) in January-September 2018 increased its cargo turnover by 54% compared to the same period in 2017, to 78,200 TEU, the company has said. “This is the result … of investment in the amount of $52 million in the installation of two new STS cranes, the launch of weekly container trains to Kyiv, Dnipro, Kharkiv, and Ternopil, increasing berth 22 to 600 meters,” the company notes.
TIS added that the launch of new Maersk ME-3 service and the high processing speed of 5 STS re-loaders also contributed to the rapid growth in container handling. The TIS group of terminals is the largest stevedoring operator in Ukraine. Cargo turnover in 2017 amounted to 26.012 million tonnes. The depth of berths near the terminals ranges from 15 to 16 meters, the total length of the eight berths of TIS exceeds 1,800 meters with the prospect of expansion by another 1,500 meters.

, ,

UKRAINE INCREASES CHEESE IMPORTS BY 35.6%, EXPORTS FALL BY 7.8% IN 2018

Ukraine in January-September 2018 exported 6,050 tonnes of cheese, which is 7.8% less than in the same period of 2017. According to customs statistics, promulgated by the State Fiscal Service, in monetary terms exports amounted to $22.5 million, which is 2.3% less than in the nine months of 2017. At the same time, imports of cheese in January-September 2018 amounted to 9,200 tonnes, which is 35.6% more than in the same period of 2017. In monetary terms imports increased by 44.6%, to $44.9 million.
In January-September this year, exports of butter from Ukraine increased by 9%, to 23,250 tonnes. In monetary terms this figure increased by 16.3% and amounted to $100.1 million. According to the State Fiscal Service, butter imports rose by 2.1 times, to 780 tonnes ($5.4 million).
In January-September exports of milk and cream (condensed) decreased by 21.5%, to 29,200 tonnes. Ukraine supplied condensed milk and cream for a total of $48 million against $63.8 million in January-September 2017. Imports of this group of goods increased by 1.6 times, to 1,630 tonnes ($3.96 million).

, ,

KYIV SIKORSKY AIRPORT PLANS TO BOOST PASSENGER TRAFFIC BY 30% NEXT YEAR

Kyiv Sikorsky International Airport (Zhuliany) in 2019 plans to boost passenger traffic by 25-30% compared with the current year, when it plans to serve 2.6 million people. “We plan passenger traffic will grow by about 25-30% next year from the current level,” Chairman of the airport’s Board of Directors Denys Kostrzhevsky said at a conference at the airport. The previously announced forecast for 2018 set at 2.8 million passengers was reduced because flydubai (the UAE) had switched flights to another airport while the density of the schedule of Estonia’s Nordica had decreased.
As reported, Kyiv Sikorsky International Airport plans to complete the reconstruction and expansion of its main Terminal A from 14,000 to 23,500 square meters by until May 2019. The project is estimated at UAH 630 million.
Kyiv Sikorsky International Airport is located in the business center of the capital, seven km from the city center. It is the second largest airport in Ukraine in terms of the number of flights and passenger traffic.
The airport has three terminals with a total area being 21,000 square meters. The airport’s runway is able to handle B-737 and A-320 aircraft.
In the nine months of 2018, the airport serviced 2.165 million passengers, which was 57.3% up on January-September 2017. In September 2018 alone, passenger traffic grew by 30.6%, to 307,500 people.

, ,

BUSINESSMAN VASYL KHMELNYTSKY’S UFUTURE GROUP TO INVEST IN RECONSTRUCTION OF KYIV SIKORSKY AIRPORT’S TERMINAL UAH 630 MLN

Businessman Vasyl Khmelnytsky’s UFuture Group plans to complete the renovation and expansion of Terminal A, which is the main terminal of Kyiv Sikorsky International Airport (Zhuliany), from 14,000 to 23,500 square meters by May 2019, the project is estimated at UAH 630 million.
“We are building a new [terminal] not to increase the number of passengers, but to create comfort for those who fly,” the businessman said at a press conference on Thursday, explaining that often one time slot at the airport can be shared by seven low-cost airlines.
He says the airport’s throughput capacity, which is about 700 people per hour, can double.
Construction works at the airport began two months ago, Chairman of the airport’s Board of Directors Denys Kostrzhevsky said. The runway will not be closed for the period of the works at the terminal.
“The existing runway is good enough, its warranty is valid. We are not going to overhaul it, sometimes we fix something, improving some processes,” Khmelnytsky said.
Both own reinvested funds of the managing company and loans are the source of financing of the works, Kostrzhevsky said.
Khmelnytsky says that the payback period of investment in the expansion of Terminal A is expected to be from eight to nine years. UFuture invested more than UAH 2.5 billion in the airport’s complex in seven years.
He also said that he was considering the possibility of building a low-priced hotel and hangars next to Terminal A, but it might happen no earlier than the end of its reconstruction.
“Our resources are not unlimited. First, we will build the terminal. I hope we will launch it. It will give us a little more income, and we will make estimates proceeding from this,” Khmelnytsky said.
UFuture Investment Group, headquartered in Brussels, was established in autumn 2017 and united the business projects of Vasyl Khmelnytsky. The group includes the Ukrainian development company UDP, whose specialization is the implementation of large infrastructure projects. In addition, the conglomerate united businesses in such areas as UDP Renewables, the Bila Tserkva industrial park, the innovation parks UNIT.City, and LvivTech.City.
Kyiv Sikorsky International Airport is located in the business center of the capital, seven km from the city center. It is the second largest airport in Ukraine in terms of the number of flights and passenger traffic. The airport has three terminals with a total area being 21,000 square meters. The airport’s runway is able to handle B-737 and A-320 aircraft.
In the nine months of 2018, the airport serviced 2.165 million passengers, which was 57.3% up on January-September 2017. In September 2018 alone, passenger traffic grew by 30.6%, to 307,500 people.
Master-Avia LLC began managing the airport after winning a tender in 2010 and leasing airport property for 49 years.
Khmelnytsky and Kostrzhevsky are the beneficiaries of Master-Avia LLC, according to the state register of legal entities of entrepreneurs, are businessmen. Master-Avia indicates it owns terminals and the apron, while the airfield and the runway are on the balance sheet of municipally owned Kyiv International Airport (Zhuliany).

, , , , , ,