Net revenue of JSC Kyivstar in 2018 totaled UAH 18.719 billion, which is 13.2% more than in 2017. According to a report of the VEON parent company, revenue of the operator from providing mobile communications services grew by 13.6%, to UAH 17.412 billion, and from the provision of fixed-line communication services – by 6.5%, to UAH 1.206 billion. In addition, earnings before interest, taxes, depreciation and amortization (EBITDA) last year rose by 14.2%, to UAH 10.529 billion, and EBITDA margin – by 0.5 percentage points (p.p.), to 56.2%.
Kyivstar’s capital expenditure in 2018 (not including the cost of licenses) increased 18.4%, to UAH 3.1 billion. The number of mobile operator’s subscribers in the fourth quarter of 2018 decreased 0.5% compared with the fourth quarter of 2017, to 26.4 million, while the number of fixed-line subscribers increased 11%, to 0.9 million.
In the fourth quarter of 2018, the operator’s income increased 16.6%, to UAH 5.009 billion. Of these, UAH 4.671 billion was revenue from mobile services (a rise of 17.2%), and UAH 311 million – income from fixed-line services (a rise of 9.1%). EBITDA over this period increased 12%, to UAH 2.793 billion, EBITDA margin decreased 2.3 p.p., to 55.8%. Capital investment in the fourth quarter of 2018 amounted to UAH 749 million, which is 40.4% more than in the same period of 2017. According to the operator, mainly the funds were sent to the development of the 4G network, improving the quality of services.
In the last quarter of last year, the ARPU (average income per subscriber) grew by 18.2%, to UAH 58, while MoU (minutes per user) decreased 1%, to 584 minutes.
According to the Kyivstar’s press release, in the fourth quarter of 2018 the number of mobile Internet users increased 18.2% compared with the same period in 2017, to 14.8 million, the consumption of data traffic increased by 152.4%, to 2.753 GB per subscriber. “The 2.5-fold increase in the consumption of data traffic, the increase in the number of mobile Internet users influenced the ARPU indicator: in the fourth quarter, this figure increased 18.2%, to UAH 58,” the company said.
In addition, Kyivstar also reminded that in recent years, the need for subscribers to use several SIM cards at the same time has been decreasing in the mobile market of Ukraine. Last year, the operator transferred taxes and other payments totaling UAH 10.5 billion to the national budget, including more than UAH 4 billion for licenses to develop new communication technologies in the country.
Kyivstar is a Ukrainian mobile communications operator. VEON international group (earlier VimpelCom) is the shareholder in Kyivstar. The group’s shares are listed on NASDAQ (New York).
One troy ounce=31.10 grams
Budget receipts from tourism fee in Ukraine in 2018 increased by 29.2%, to UAH 907 million, and taking into account tax payments the tourism industry raised payments by 20.7% last year, to UAH 4.2 billion, the Ministry of Economic Development and Trade has reported.
“This indicates an increase in the volume of domestic tourism flows and the effectiveness of implementation of the decentralization reform, namely local fiscal discipline improvement,” the agency said.
The ministry added there were also qualitative changes in the structure of foreign tourist flow to Ukraine in 2018. According to the ministry’s press release, the State Border Service recorded an increase in the number of tourists from the countries not bordering Ukraine, particularly Europe: from Spain by 68% Britain by 47.3%, Lithuania by 23.4%, Italy by 15.4%, Germany by 13.3%, and France by 9.2%.
The number of tourists from India over the past year rose by 57.4%, China by 38.8%, Japan by 38.3%, Israel by 21.7%, and the United States by 19%, while cross-border traffic, on the contrary, declined, the ministry said. According to the authority, this was achieved thanks to visa liberalization, and an increased offer of direct and low-cost flights.
The National Bank of Ukraine (NBU) has stated the requirement for the mandatory sale of export earnings could be cancelled, governor of the central bank Yakiv Smolii has said.
“As market conditions develop, we think we’ll cancel this rule,” he said at a conference of the American Chamber of Commerce in Kyiv.
As reported, the National Bank of Ukraine in early February 2019 announced the decision to reduce the norm for the mandatory sale of export earnings from 50% to 30% from March 1.
On March 5-6, the main event of the milk production market will take place at the International Exhibition Center (IEC).
The XII International Dairy Congress is the place, that every spring brings together more than 1,500 dairy business participants to discuss key industry issues. Among the invited this year there are:
– Industry experts: Andriy Dykun, the chairman of the Ukrainian Agri Council (UAC); Mikhail Sokolov, deputy chairman of the UAC; Hanna Lavreniuk, vice-president of the Association of milk producers (AMP); Andriy Yarmak, Investmant Officer for Food and Agriculture Organization of the United Nations (FAO), and others;
– – representatives of the Government: Olga Trofimtseva, acting Minister of Agrarian Policy and Food of Ukraine; Volodymyr Topchiy, Deputy Minister of Agrarian Policy and Food of Ukraine; Olena Alshanova, Head of the Department of Animal Husbandry Development, Ministry of Agrarian Policy and Food of Ukraine; Volodymyr Lapa, chairman of the State Service of Ukraine for Food Safety and Consumer Protection, etc.;
– representatives of the embassies of Austria, the Netherlands, France, Canada, USA, Israel and other countries.;
– representatives of international organizations: USAID, IFC, FAO, EBRD, etc.;
– People’s deputies: Ivan Miroshnichenko, Sergei Labasiuk, Tetyana Ostrikova, Olexander Bakumenko, Oleh Kulinich, Serhiy Leshchenko, Valeriy Davydenko, Nina Yuzhanina and others;
– owners and managers of the country’s leading farms;
– media representatives.
The main issues that will be discussed during the congress are:
Land market and animal husbandry.
State support of animal husbandry in Ukraine. What is needed for the sustainable development of the dairy industry?
The way to export through cooperation.
The transition to European standards of safety and quality of milk – milk ghetto or among world leaders?
Results of the national dairy industry and key areas of development for 2019.
World Milk Market and Ukrainian perspective: supply-demand balance, prices and cost, forecasts.
Not by milk alone: where to find additional reserves for dairy farm profitability?
Technologies of milk production and management of modern dairy farm.
This year, in addition to the usual exchange of experience, the Veterinary Conference “Veterinary provision of dairy farming” will take place at the Congress.
Congress organizers: Association of milk producers (AMP), Ukrainian Agri Council (UAC) and Dykun Company.
