Business news from Ukraine

Business news from Ukraine

UKRAINIAN SEAPORTS INCREASE CARGO HANDLING IN 2019

The seaports of Ukraine in January-April 2019 handled 48.8 million tonnes of cargo, which is 5 million tonnes, or 12% more compared to the same period of 2018.
According to the Ukrainian Sea Ports Authority, most of all, the positive dynamics of increase in transshipment was influenced by exports, which during the reporting period grew by 20% compared to the same period last year, whereas imports and transit decreased by 5% and 18.5% respectively.
Grain handling grew by almost one-third or 4.4 million tonnes compared to January-April 2018, to 18 million tonnes. Transshipment of ore rose by more than a quarter, to more than 10.5 million tonnes.
The growth trend in container handling is also kept: in the first four months of 2019, compared to the same period of 2018, Ukrainian seaports transshipped 47,800 TEU more (18.6% up).

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GROUND HOUSEHOLD SOLAR PLANTS WITH CAPACITY OF UP TO 30 KV GUARANTEED FEED-IN TARIFF BY LATE 2019

The relevant Rada committee, when preparing the adopted law on green auctions for signature by the speaker, proposes making a clear definition of conditions for providing feed-in tariffs for all household solar power plants with a capacity of up to 30 kV, indicating that their owners are entitled to such a tariff until the end of 2019.
Oleksandr Dombrovsky, the chairman of the Verkhovna Rada committee on fuel and energy complex, nuclear policy and nuclear safety, said on his Facebook page that he had sent a letter to Rada Speaker Andriy Parubiy with a corresponding proposal.
According to him, in the process of technical and legal preparation of the law on green auctions, adopted by the Verkhovna Rada, the main legal department of the Verkhovna Rada revealed inconsistencies that may lead to incorrect practice of its application. Thus, the law established the procedure for calculating feed-in tariffs for households operating solar plants of up to 50 kV, provided they are placed on roofs, facades of buildings and other housing structures. However, he did not foresee the procedure for calculating the tariff for all household solar plants with a capacity of up to 30 kV until the end of 2019.
To eliminate this gap, the procedure of Article 131 of the regulations may be applied, which allows for clarification of the wording of the voted law, the committee believes.

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BORYSPIL AIRPORT SEES RISE IN PASSENGER FLOW IN JAN-APRIL

The Boryspil international airport (Kyiv) in January-April 2019 increased passenger flow by 17.2% from a year ago, to 3.81 million, the press service of the airport has told Interfax-Ukraine.
At the same time, the passenger traffic on international flights amounted to 3.493 million people (growth by 18.3%), on domestic – 316,800 (growth by 6.5%).
In general, in January-April, the airport serviced 30,559 flights (an increase of 10.1%), including 26,480 international and 4,079 domestic.
For the first four months of 2019, on regular flights, the Boryspil airport serviced 3.142 million people (a rise of 22% over the same period in 2018), on irregular flights – 667,790 people (at the level of the same period last year).
The number of transfer passengers since the beginning of 2019 amounted to 964,760, which is 6.2% higher than the figure for the same period of 2018. The share of transfer passengers in the total passenger traffic was 25.3% (a decrease of 2.7 percentage points).
In April of this year, the passenger traffic of Boryspil amounted to 1.155 million people, which is 22.4% more than in April last year.
Passenger flow on international flights in April was 1.07 million passengers (an increase of 24.7%), on domestic flights – 84,800 (a decrease of 0.6%).
In general, in April, the airport served 8,661 flights (an increase of 14.7%), including 7,592 international and 1,069 domestic.

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HARVEST, QUALITY OF SUGAR BEETS TO BE LOWER THAN PROJECTED DUE TO HEAVY RAINS

The harvest and quality of sugar beets in 2019 will be lower than expected due to extra moisture of upper layers of soil and high air humidity caused by heavy rains, the press service of the Ukrtsukor national association of sugar producers has said.
According to the association, rains washed out part of the sugar beet crops, and high humidity contributes to the development of plant diseases. In addition, heavy rains are washing out nitrogen from the soil, as a result of which the growth and development of sugar beet deteriorates.
“Taking into account all the factors, we can predict that the sugar content and yield will be lower than the expected level, which, in turn, will affect the production of sugar. According to our forecasts, this year we will be able to get within 1.1-1.2 million tonnes of sugar. This volume can create a certain shortage in the market,” the association said.
As reported, according to the previous forecast of Ukrtsukor, the production of sugar was projected at the level of 1.3-1.4 million tonnes (a fall of 23-29% compared with 2018).
According to the Ministry of Agricultural Policy and Food of Ukraine, as of May 13, 2019, 217,400 hectares of sugar beet were sown (88.9% of the forecast).

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