Business news from Ukraine

BOGDAN MOTORS STARTS MASS PRODUCTION OF GAS BUSES

KYIV. July 18 (Interfax-Ukraine) – Bogdan Motors, part of Bogdan Corporation, is launching a mass production of Bogdan A22115 gas buses on the aggregate base of the Indian Ashok Leyland with a Euro 5 engine at Lutsk plant, the corporation’s press service has said.
According to the report, the production of this bus will allow the company to enter new markets, will facilitate the loading of production facilities.
Bogdan A22115 is a city bus with a low platform 8.21 meters long, which has a methane-powered engine. The bus is adapted for carriage of passengers in wheelchairs, i.e. equipped with a special ramp for boarding and special places.
In addition, the bus is additionally equipped with audio and video devices for convenience of persons with visual impairments and hearing loss.
The total passenger capacity of buses is 56 people, including 18 seats.
The final work on preparing buses for serial production was carried out jointly with specialists from Ashok Leyland.
“The main feature of gas buses is environmental friendliness. Taking into account work on methane, the level of emissions into the atmosphere is minimal compared to diesel engines,” the press release says.

UKRAINE, GEORGIA SEEK TO BOOST GOODS TURNOVER BETWEEN COUNTRIES TO AT LEAST $1 BLN

KYIV. July 19 (Interfax-Ukraine) – Ukrainian President Petro Poroshenko and Georgian Prime Minister Giorgi Kvirikashvili have discussed cooperation in trade and economic spheres, pointing out the aspiration of the two countries to boost goods turnover between the countries to at least $1 billion in the near future.
The press service of the Ukrainian president reported on Tuesday that during a state visit to Georgia the Ukrainian president held talks with the Georgian prime minister and thanked Georgia for solid and extensive support of Ukraine and provision of humanitarian assistance in rehabilitation of Ukrainian military servicemen and recreation of children suffered from the hostilities in Donbas.
The press service said that Poroshenko and Kvirikashvili said that it is important to deepen multilaterally cooperation to de-occupy territories of Ukraine and Georgia.
“It has been arranged to unite efforts in implementing strategic partnership between Ukraine and Georgia as part of the Declaration signed during the visit. This concerns the operations of repeatedly created Ukrainian-Georgian Strategic High-Level Council,” the press service said.
The Ukrainian president and the Georgian prime minister discussed a wide range of issues of the bilateral agenda.
“Main attention was paid to sectoral cooperation, first of all in trade and economic spheres. The sides seek to reach goods turnover of at least $1 billion in the near term,” the press service said.
The sides view favorably the Ukrainian-Georgian business forum and pointed out the importance of increasing effectiveness of working groups of the Ukrainian-Georgian Intergovernmental Commission for Economic Cooperation.

DOPPELMAYR INTERESTED IN BUILDING CABLE CAR CIRCUIT IN KYIV – KLITSCHKO

KYIV. July 18 (Interfax-Ukraine) – Representatives of the Austrian company Doppelmayr, interested in the possibility of building a cable car circuit in the central part of the city, which according to the plans of the authorities will connect the key tourist sites, have visited Kyiv this week, Kyiv Mayor Vitali Klitschko has said.
“This week representatives of Doppelmayr, which is the world leader in construction of cable car route have arrived in Kyiv. The fact that the top management comes and shows interest in the project is a very good signal. I am confident next spring we will be able to talk about the construction of a cable way,” he said.
In addition, the mayor said the city authorities plan to update the Kyiv funicular.
“I want to remind you that last year the funicular transported more than one million passengers. We plan to make both spacious cars and air conditioning in them. The funicular will not only be transport but also one of the attractions that many people and visitors will enjoy,” he said.
The mayor noted foreign investors are interested in investing in Ukraine and Kyiv in particular.

UKRAINE TO DESIGN MOST EFFICIENT WAY TO USE UGS FOR NEXT 20 YEARS WITH EU SUPPORT

KYIV. July 18 (Interfax-Ukraine) – Ukraine and the European Union have launched a project to forecast the demand for underground gas storage facilities (UGS) for the next 20 years and to study the possibilities of using Ukrainian storage facilities in this market, the press service of Naftogaz Ukrainy has said.
According to its data, based on the results obtained, several strategic scenarios for the best use of Ukrainian UGS will be developed.
A kick-off meeting held on July 12 was attended by the representatives of Naftogaz, Ukrtransgaz, Trunk Gas Pipelines of Ukraine, the Ministry of Energy and Coal Industry, the Ministry of Economic Development and Trade, the Energy Community Secretariat and international consultants selected by the EU.
The project will be implemented by a consortium consisting of a top global management consulting firm, French operator of underground gas storages (Storengy) and an international law firm (CMS Cameron McKenna Nabarro Olswang).
The project is funded by the European Union and is designed to build up a sustainable business case for Ukraine’s underground gas storage facilities in the context of the European and Ukrainian energy market. Naftogaz will participate in the project’s steering committee, along with other key stakeholders, including representatives of the Ukrainian government.

UKRAINE EXPORTS NITROGEN FERTILIZERS FOR $72 MLN, IMPORTS FOR $191 MLN IN H1, 2017

KYIV. July 18 (Interfax-Ukraine) – Ukraine in January-June 2017 exported 377,465 tonnes of nitrogen mineral or chemical fertilizers (under foreign activity code 3102) for $72.03 million, while imported 962,441 tonnes worth $191.418 million.
According to the State Fiscal Service, nitrogen fertilizers exports to Turkey amounted to $30.367 million, Italy to $11.579 million, Romania to $6.641 million, and other countries to $23.443 million.
Nitrogen fertilizers in the first half of the year were imported from the Russian Federation for $134.027 million (a share of 70.02%), Uzbekistan for $17.091 million (8.93%), Belarus for $9.598 million (5.01%), other countries for $30.702 million (16.04%).
In addition, Ukraine in January-June of this year exported 110,332 tonnes of ammonia (code 2814) for $33.756 million, imported 168,050 tonnes for $40.993 million. Almost 100% of ammonia was imported from the Russian Federation ($40.979 million). Exports were made to Turkey (for $14.178 million), India ($12.113 million), Jordan ($4.759 million), and other countries ($2.707 million).

GROYSMAN SUGGESTS TURNING HOSTOMEL AIRPORT INTO BASE FOR LOW-COST AIRLINES, INCLUDING RYANAIR

KYIV. July 18 (Interfax-Ukraine) – Ukrainian Prime Minister of Ukraine Volodymyr Groysman has spoken in favor of the development of Hostomel Airport, which today serves as a base for Antonov aircraft and Antonov Airlines, into a home airport for low-cost airlines, including Irish Ryanair.