Business news from Ukraine

STATE PROPERTY FUND HEAD SIGNS ORDERS ON 22 LARGE OBJECTS PRIVATIZATION

Acting Head of the State Property Fund of Ukraine (SPF) Vitaliy Trubarov has signed orders on the privatization of 22 large facilities. “There is no way back. The fund signed 22 orders for the privatization of large facilities. This is the first large list of enterprises for sale for the last ten years,” he said on Facebook. As reported, the SPF intends by July 1 to declare tenders for the selection of advisors for the privatization of 22 facilities.
At the end of May, the Cabinet of Ministers of Ukraine published a list of enterprises of “big” privatization for 2018, which included 23 enterprises. The approved list, in particular, included five regional energy companies, Centrenergo, Odesa Port-Side Chemical Plant, Turboatom, Zaporizhia Titanium and Magnesium Combine, United Mining and Chemical Company, and Sumykhimprom.

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UKRAINIAN PRESIDENT PLANS TO VISIT RECEP TAYYIP ERDOGAN ON TUESDAY

Ukrainian President Petro Poroshenko will pay a working visit to Turkey on Tuesday, June 12, to participate in the ceremony to launch the Trans-Anatolian Natural Gas Pipeline (TANAP). According to the press service of the head of state, Poroshenko is making the visit at the invitation of Turkish President Recep Tayyip Erdogan. The program of the visit foresees a number of bilateral meetings between the Ukrainian president and the leaders of foreign countries.

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BEER MARKET IN UKRAINE WILL SHOW POSITIVE DYNAMICS – AB INBEV EFES PRESIDENT

The Ukrainian beer market in 2018 will show positive dynamics, AB InBev Efes President Dmytro Shpakov believes. “We expect that the market in 2018 will not only stabilize, but will show positive dynamics, given that in 2018 excise tax was not raised,” he told Interfax-Ukraine during Corona Save Trukhaniv Island, the environmental campaign to clean up the Trukhaniv Island. The expert noted that, according to research by Nielsen global company, beer consumption in Ukraine increased by 1.6% in 2017 against the fall of this indicator by 7.2% in 2016.
According to Shpakov, now there observed the trend towards the growth of premium and super-premium segments in Ukraine.
“However, the mid-price segment still remains the most popular. Beer with fruity taste is becoming more popular,” he said.
Local production accounted for 97.5% in the portfolio of Sun InBev Ukraine in 2017, while imports for 2.5%.
“In 2017 we increased the volume of imported products in our portfolio by 23.7%,” the president of AB InBev Efes said.

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MYWAY AIRLINES TO LAUNCH REGULAR FLIGHTS TO KHARKIV FROM TBILISI, BATUMI IN JUNE

New Georgia’s Myway Airlines will launch regular flights to Kharkiv from Tbilisi and Batumi in June 2018, the airline has reported.
The airline will fly on the Tbilisi-Kharkiv-Tbilisi route from June 12 twice a week (on Tuesdays and Saturdays) using Boeing 737-800 planes.
The regular Batumi-Kharkiv-Batumi flights will be also serviced by Boeing 737-800 twice a week – on Wednesdays and Saturdays – from June 13, 2018.
“We should say that Kharkiv would not be the only destination in Ukraine. By the end of this year the airline seeks to launch flights to Kyiv,” the airline said.
Myway Airlines’s fleet consists of two Boeing 737-800 planes. The airline will receive the third plan early July and the fourth in December.
Myway Airlines was founded in 2018. This is a project of China’s Hualing Group.

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