Business news from Ukraine

Business news from Ukraine

MOBILE COMMUNICATIONS OPERATORS NEGOTIATING PROJECT OF LAUNCHING 4G INTERNET IN SUBWAY

Mobile communications operators Kyivstar, Vodafone Ukraine, lifecell and municipal enterprise Kyiv Metropoliten are negotiating technical documents and the working project to launch 4G Internet in Kyiv’s subway, Director for Corporate & Regulatory Affairs at Kyivstar Oleksandr Kogut has said.
“Since September [2019], intensive and productive cooperation with the subway regarding the implementation of the planned steps continues. In particular, the legal mechanism for providing access for work in the subway has been approved. All the required agreements on technical supervision of the existing telecom network in the subway have been signed. Now technical documentation and a working project are being coordinated, the signing of an access agreement is being prepared,” he wrote on his Facebook page.
At the same time, Kogut said that operators and the subway will be able to sign the agreement on telecom access to the municipal property of the city only after approval by the Kyiv Council of the decision to establish access fees.
“The adoption of the long-awaited decision by the Kyiv City Council will open up the possibility for operators to install their 4G equipment in the subway legally. We will be ready to start installation work right after that,” the Kyivstar director said.
He recalled that according to the plan, the launch of 4G communications at the first stations and in adjacent tunnels should take place at the end of the first quarter of 2020 with the subsequent distribution the network to all stations and tunnels by the end of 2020.

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NAFTOGAZ UKRAINY REDUCES GAS PRICE FOR PUBLIC BY 13%

NJSC Naftogaz Ukrainy has reduced the price of gas for households and heating companies by 13% in December compared with the price in November, to UAH 4,277 per 1,000 cubic meters (excluding VAT, transportation costs and gas sellers’ margins), the company said in a press release.
“Despite the fact that according to the results of exchange trading, the market price of gas in the Ukrainian market did not decrease over the past month, the regulated price in December 2019 decreased in accordance with the declared value of gas cleared in November,” Naftogaz noted.
The company noted that this price level is not market and is determined according to the formula established by the Cabinet of Ministers in its resolution No. 293. In particular, according to the document, the population and heating companies purchase gas at the minimum of four prevailing in the market value: the average import price according to the Ministry of Economic Development and Trade, the price of Naftogaz Ukrainy for industry, the average weighted price at the auctions on the Ukrainian Energy Exchange, PSO under resolution No. 867. This mechanism of social price formation is valid until the end of 2019. From January 1, 2020, in accordance with agreements with the International Monetary Fund, Ukraine will switch to market pricing for household consumers.

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EBRD AND SWEDEN PLAN TO PROMOTE SOLID WASTE TREATMENT PROJECT IN LVIV

Тhe European Bank for Reconstruction and Development (EBRD) and Sweden have issued funds for an information campaign to promote a solid waste treatment project in Lviv, for which the EBRD together with environmental funds allocated EUR35 million. “In Ukraine, more than 95% of solid waste is brought to landfills, 99% of which do not meet EU standards and carry environmental, safety and health risks. In Sweden, in 2018 less than 1% of solid waste was brought to landfills, and more than 99% was recycled,” Ambassador of Sweden Tobias Thyberg said during the official launch of the program in Kyiv.
Within the framework of the project, which is designed for three years, a number of Internet resources will be created, as well as events with mass media, the public and non-governmental organizations will be carried out. The communications agency Noblet Media CIS is implementing the project, and its cost is not disclosed.
“Today, garbage is an element of politics. I would like this issue to be outside of politics,” Lviv Mayor Andriy Sadovy said.
According to him, after setting fire to the landfill in the Velyki Hrybovychi village, the city has been suffering a garbage blockade for almost two years, and the EBRD and other European partners came to the rescue first. The mayor noted that the city is very interested in the implementation of this project, since it annually has to spend UAH 300 million on garbage removal.

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UKRAINIAN FOREIGN TRADE TURNOVER IN JAN-SEPT 2019 (IMPORT)

Ukrainian foreign trade turnover in jan-sept 2019 (import)

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UKRAINIAN FOREIGN TRADE TURNOVER IN JAN-SEPT 2019 (EXPORT)

Ukrainian foreign trade turnover in Jan-Sept 2019 (export)

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TOP 20 COUNTRIES UKRAINE HAS POSTED THE HIGHEST SURPLUS OF TRADE IN GOODS IN JAN-SEPT 2019

Top 20 countries Ukraine has posted the highest surplus of trade in goods in Jan-Sept 2019

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