Business news from Ukraine

Business news from Ukraine

NEAR KYIV CHRISTMAS WILL BE CELEBRATED BY TRADITIONS OF OUR ANCESTORS

On January, 6-7, 2019 traditional celebrations and Slavic amusements, interactive musical show with special effects, horse riding, the masters fair, delicious hot dishes and drinks, horse riding, the Nativity Scene, and traditional Ukrainian Christmas songs there will be for the guests of “The Kievan Rus Park”.
Ancient Kyiv opens at 10:00. The program starts at 13:00.
The ticket price for January, 6-7 2019: a full adult ticket – 200 UAH, for pensioners and students – 100 UAH, for schoolchildren – 50 UAH, for preschool children – for free.
Ancient Kyiv in the Principality of Kyivan Rus is not far from modern Kyiv – only in a 45-minutes’ drive – in the Kyiv region, Obukhiv district, vill. Kopachiv. Route taxis leave from Kyiv from the «Vydybitchi» metro station (the exit from the metro to the «Fourchette» supermarket), according to the schedule on the website.
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for the adult ticket (at full price) to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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UKRAINE EXPORTS 23.1 MLN TONNES OF GRAIN, LEGUMINOUS CROPS IN CURRENT AGRICULTURAL YEAR

Ukraine boosted exports of grain and leguminous crops 11.5% in the 2018/2019 agricultural year (July-June) so far (by January 2, 2019) to 23.098 million tonnes, as compared with the same period last year.
According to the Ukrainian Ministry of Agricultural Policy and Food, 10.47 million tonnes of wheat, 3.15 million tonnes of barley, and 9.11 million tonnes of corn were exported.
Flour exports stood at 122,008 tonnes.
It was reported, citing the Ministry of Agricultural Policy and Food, that Ukraine exported 39.4 million tonnes of grain in the 2017/2018 agricultural year. Grain exports in the 2018/2019 agricultural year are projected at 47.2 million tonnes.

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STATE FOREST AGENCY REGENERATES 44,000 HA OF FORESTS IN 2018

The State Forest Resources Agency of Ukraine has regenerated 43,700 ha of forests in 2018 with 40,000 ha of clear logging in 2017, the agency has reported on its website.
According to the agency, 1,900 ha of trees planted in 2018 are new forests.
“The volume of forest renewal over the past five years amounted to 251,000 hectares, which is 11% more than the area of clear logging (227,000 hectares),” the State Forest Resources Agency said.
At the same time, the agency said that there is a tendency that the area of degraded plants is expanding, therefore, in the future, an increase in the timber harvesting volume is possible. At the same time, the State Agency is initiating a transition from clear logging to gradual and selective logging systems.
“In recent years, in the Carpathian region, gradual and selective logging systems were used more widely, reaching about 60% of the area,” the agency said.
It indicates that the data are given for forests at the disposal of the State Forest Resources Agency – 7.6 million hectares, or 73% of the Forest Fund of Ukraine.
Data on forests in the temporarily occupied territories of the country is not available.

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UKRAINE RAISES ELECTRICITY EXPORTS BY ALMOST 20% IN JAN-NOV 2018

Ukraine in January-November 2018 increased electricity exports by 19.8% (by 931.2 million kWh) compared to the same period in 2017, to 5.639 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
The supply of electricity from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania increased by 21.9% (by 625.2 million kWh), to 3.474 billion kWh.
Export of electricity to Poland increased by 65.5% (by 424.6 million kWh), to 1.291 billion kWh.
Electricity supplies to Moldova amounted to 873.8 million kWh, which is 19% (204.8 million kWh) less than in January-November 2017.
Ukrainian electricity was not exported to Belarus and Russia in January-November 2017 and January-November 2018.
At the same time, in November 2018, export of Ukrainian electricity amounted to 589.2 million kWh, which is 2.3 times more than in November 2017 (258.6 million kWh).
In addition, Ukraine in January-November 2018 imported 28.507 million kWh of electricity.

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FOXTROT SEEKS TO DOUBLE ONLINE SALES

The Foxtrot. Household Appliances network, developed by the Foxtrot group of companies (Kyiv), is working on a new online platform and wants to increase its share of online sales to at least 20%, Head of the Foxtrot Group and Head of the supervisory board of the Foxtrot. Household Appliances network Valeriy Makovetsky has said.
“The company has decided to invest large amounts of money in a modern online platform, one of the leaders in this segment in the world – SAP. This is quite large investment that will help us restructure the sales technology, the communication interface with consumers, and we hope we will be able to strengthen our position online. We are planning to increase sales in this segment at least twice,” Makovetsky said in an exclusive interview with Interfax-Ukraine.
He did not name the amount of investment in the development of the new online platform, but said that now the share of online sales of the Foxtrot network is about 10%.
According to Makovetsky, the company sees great prospects for the development of multi-channel sales.
“I have to say that Foxtrot also develops multi-channel sales: a consumer can purchase goods on our website, in the nearest store, or order delivery right to the door – from the website or a store using an electronic catalog, also receiving expert advice. I see that the same model is being developed by Comfy and Eldorado. We understand the great prospects of this market,” he said.
According to Foxtrot, the number of visits of the online store in 2017 reached 6.5 million users during peak months.
Foxtrot. Household Appliances network has 162 supermarkets in 90 cities of Ukraine with a retail area of 153,000 square meters.

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