AS Silvano Fashion Group (SFG, Tallinn), engaged in tailoring and sale of lingerie under the Milavitsa, Alisee, Lauma and Laumelle brands, saw a 58.8% rise in sales in Ukraine in 2017, to UAH 75.2 million.
The company said in a report on the Warsaw Stock Exchange (WSE) on Friday that its revenue grew by 52.5% in foreign currency, to EUR 2.53 million.
According to the report, the franchise shop chain in Ukraine remained unchanged in Ukraine – 50 shops.
In 2016, sales in Ukraine fell by 19.4%, to EUR 1.66 million and in hryvnias – by 3.5%, to UAH 47.37 million.
Ukraine’s share of total revenue last year was 4.1% compared with 2.9% a year ago.
SFG said that its sales grew by 7.7% in 2017, to EUR 62.35 million.
Hungary’s low cost airline Wizz Air from November 25, 2018 will start servicing flights from Kharkiv to Vienna twice a week – on Wednesdays and Sundays.
The press service of the airline reported that from March 23, 2019 the frequency of the flights will be increased to three times a week, and the flights will be serviced on Tuesdays, Thursdays and Saturdays.
Ukrainian passengers who plan to travel to Austria can book tickets on the airline’s website. The fares start from UAH 1,009/EUR 29.99.
According to the report, this year Wizz Air will resume flights from the Kharkiv International Airport on the recently announced routes to Dortmund and Katowice, and also expand its route network from Lviv to Dortmund, Gdansk, Katowice and London. In addition, the third airplane Airbus A320 will be added to the Kyiv base, thanks to which flights of the airline will connect Kyiv with 21 destinations in 10 countries, taking into account new directions to Tallinn and Lisbon.
Nova Poshta, a leader in express delivery in Ukraine, plans to open 1,000 departments in 2018, the founder of the company, Viacheslav Klimov said during the opening of a sorting center of the company in Kyiv on Friday.
According to him, this year it is planned to open 400 own departments in big cities and 400 partners’ branches in small towns.
“Another 200 are existing departments that will change the location, or will be significantly improved,” Klimov said.
In addition, the company plans to install in 300 pick-up and drop-off points in 115 own departments.
Klimov recalled that today the company’s network has about 2,300 departments.
He also reminded that earlier Nova Posta had signed a cooperation agreement with the international company DPD, and intends to actively develop this cooperation in 2018.
“A joint project that will connect our networks is on the way, and 28,000 DPD offices in Europe will be available to Ukrainians,” he said.
Reikartz Hotel Management LLC (Kyiv), a managing company of the Reikartz Hotel Group, has started developing a new brand – Reikartz Collection Hotel of the four plus and five star segments. The hotels will be located in large cities and resorts of Ukraine.
The press service of Reikartz Hotel Group reported that recently the Milano four-star hotel joined the Reikartz chain under the new brand. The hotel was opened early 2017. The facility is now named Hotel Milano by Reikartz Collection. The hotel has 39 rooms and a restaurant.
CEO of Reikartz Hotel Group Sebastian Kremer said that in April the company plans to expand the number of rooms in the hotel by 40 and open 20 more rooms and a multifunctional conference hall by late 2018. By the end of this year the number of rooms would grow to 99.
Reikartz plans to open hotels under the Reikartz Collection Hotel in other cities of the country.
As of March 2, 2018, the brand unites two hotels in Odesa and Dnipro.
Alebor Group in 2017 transshipped more than one million tonnes of grain at elevators.
According to a report on the website of Alebor Group, since the beginning of December and as of the end of February the group had handled 136,000 tonnes of grain.
“This is the joint amount for all the elevators of our group of companies: Khrystynivsky, Voronovytsky and Chesne. This volume is about 1.5 times more than last year,” Oleksiy Tsurkan, the head of the elevator department at Alebor Group, said.
As reported, Alebor Group plans in 2018 to increase the grain storage capacity by 60%, to 315,000 tonnes.
Alebor Group was established in 2014. Its founder is businessman Oleksiy Kustov.
The group includes Voronovytsky Elevator LLC (Vinnytsia region), Khrystynivsky Elevator LLC (Cherkasy region), and Chesne Elevator LLC (Odesa region).
As of the end of 2017, the group had capacities for transshipment of more than one million tonnes of grain a year. The total capacity of the three elevators is 205,000 tonnes. They are able to accept 12,000 tonnes of grain per day, dry 10,000 tonnes per day and ship 8,000 tonnes per day (120 wagons).
Goods flow between Ukraine and Estonia in 217 grew by 29.97%, reaching $322.3 million.
“According to the results of 2017, Estonia is 25th in terms of bilateral trade in goods between Ukraine and EU countries with a share of 0.5% of total flow. In 2017, the total trade turnover between the two countries amounted to $322.3 million, which is 29.9% higher than the volume of trade in goods for 2016,” the press service of Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Ivanna Klympush-Tsintsadze reported after her meeting with Foreign Minister of Estonia Sven Mikser.
According to the report, exports of Ukrainian goods and services to Estonia grew by 34.1%, to $177.8 million, and imports grew by 25.1%, to $144.5 million. The surplus of Ukraine’s trade with goods with Estonia in 2017 was $33.3 million.
In addition, meeting participants discussed the issues of cooperation of the two countries in economic, humanitarian and security spheres.
“The sides also discussed the challenges related to labor migration of the population and ways to prevent negative trends through educational and economic factors,” the press service said.
