Business news from Ukraine

PROMISING FOR INVESTORS IN MARIUPOL ARE METALLURGY, ENGINEERING, AGRICULTURE, TOURISM – EUROPEAN COMMISSIONER HAHN

KYIV. June 7 (Interfax-Ukraine) – European Commissioner for European Neighborhood Policy and Enlargement Negotiations Johannes Hahn believes that promising for investors in Mariupol are metallurgy, engineering, agriculture, and in the medium and long term tourism.
“First of all, we should mention metallurgy and everything related to it … production of engines. And if you look around you can see that this is a rich agricultural area, so agricultural production is another promising area. I would also not underestimate the potential of tourism in the medium and long term perspective,” he said at a briefing in Mariupol (Donetsk region).
The European Commissioner noted Mariupol has a significant number of highly qualified personnel and a good scientific base.
Deputy Prime Minister, Minister of Regional Development, Construction, Housing and Utilities Services Hennadiy Zubko noted it is important for Ukraine to offer Europe its spheres for investment.

DART AIRLINE LAUNCHES REGULAR FLIGHTS ON KYIV-BOLOGNA ROUTE

KYIV. June 7 (Interfax-Ukraine) – Dart airline from June launched regular flights on the Kyiv-Bologna (Italy) route from Kyiv Zhuliany International Airport.
According to a press release from the airport, flights will be carried out on Tuesdays and Fridays on board modern Airbus A320/319 aircraft.
Departure from Kyiv will be at 09:50, departure from Bologna at 12:35. Air tickets can be bought on the official website of the airline and the agencies selling tickets.
Dart airline has been operating as a charter air carrier since 1997. It operates Bombardier Lear Jet 60, Airbus 320 and Boeing 737-300/500 aircraft.

VOLUME OF SOLD INDUSTRIAL PRODUCTS IN UKRAINE 31.8% UP IN JAN-APRIL 2017

KYIV. June 7 (Interfax-Ukraine) – The volume of sold industrial products (goods, services) in January-April 2017 amounted to UAH 691.988 billion, which is 31.8% more than in January-April 2016.
According to the State Statistics Service, in April 2017 compared to April 2016 the volume of sold products in extracting and processing industry (turnover) grew by 20.2% (including abroad by 21.6%), in particular in mining and quarrying industry by 58.9% (by 67%), in processing industry by 14% (by 16.5%).
The largest share in total sales was that of the supply of electricity, gas, steam and conditioned air (24.6%), production of food, beverages and tobacco goods (20%), metallurgical production and production of finished metal goods (17.1%) and mining and quarrying (15%).
As reported, in 2016 the volume of sold industrial products (goods, services) stood at UAH 1.766 trillion, which is 18% more than in 2015.

UKRAINEINVEST OPENS REPRESENTATIVE OFFICE IN WESTERN UKRAINE

KYIV. June 7 (Interfax-Ukraine) – Office of attracting and supporting investment UkraineInvest opened its regional office in Ivano-Frankivsk on Tuesday, according to a press release of UkraineInvest.
The mission covers seven regions: Ivano-Frankivsk, Lviv, Zakarpattia, Chernivtsi, Ternopil, Rivne and Volyn.
The office is headed by expert on public administration Oleh Doskach, who before had been engaged in crisis management and audit of administrative and administrative activities.
Office of attracting and supporting investment of Ukraine UkraineInvest was established on October 19, 2016. The purpose of its work is to increase the volume of foreign direct investment in Ukraine through interaction with investors who seek to enter the Ukrainian market. Oksana Markarova, the government commissioner on investments, coordinates its work. The work of UkraineInvest is financed by the Western Direct Investment Fund Western NIS Enterprise Fund (WNISEF).

PIVDENMASH RESUMES MANUFACTURE OF ZENIT CARRIER ROCKETS FOR SEA LAUNCH, LAND LAUNCH

KYIV. June 7 (Interfax-Ukraine) – Ukraine’s state-owned Production Association Yuzhny Machine-Building Plant named after A.M. Makarov (Yuzhmash, or Pivdenmash from Ukrainian) has announced it is about to resume the manufacture of the Zenit carrier rockets under such international projects as the Sea Launch and the Land Launch, the plant’s press service said on Friday, June 2.
On April 28, Pivdenmash and S7 Sea Launch Limited signed a contract for manufacturing and supplies of 12 carrier rockets of the Zenit family for space exploration and use for peaceful purposes as part of the Sea Launch and the Land Launch international programs, the press service said.
“A great step in overcoming the deep crisis, in which Pivdenmash has been since 2013 and which was caused by a dramatic drop in output, was made by signing of this contract,” the press service said.
The manufacture of Zenit carrier rockets at Pivdenmash was suspended due to financial difficulties, which the project operators of the Sea Launch and the Land Launch had faced, in 2014.
Pivdenmash’s portfolio for the coming years exceeds $350 million, its major customers are companies from the United States, Italy, India, and Korea.
The Zenit-3SL launch vehicle consists of the Zenit-2S two-stage rocket (created by Yuzhnoye (Pivdenne) Design Bureau and built by Pivdenmash in Ukraine mostly using Russian-made component parts) and the DM-SL booster unit designed and manufactured by Energia Corporation in Korolyov, Moscow region.

UKRAINE WANTS TO STUDY ANTARCTICA TOGETHER WITH CHINA, MALAYSIA AND TURKEY

KYIV. June 7 (Interfax-Ukraine) – Ukraine will begin cooperation in the field of scientific research in the Antarctic region with China and Malaysia, and will expand cooperation with Turkey.
Such an agreement was reached during the 40th consultative meeting on the Antarctic Treaty, which ended in Beijing, China, on June 1, the press service of the Ministry of Education and Science of Ukraine reported.
“During bilateral meetings with the delegations of China and Malaysia, we agreed to hold talks on cooperation and, based on their results, to sign memorandums on scientific and technical cooperation in the field of Antarctic research. With Turkey, however, such a memorandum has already been signed, therefore we discussed with its representatives the areas for further cooperation,” the head of the Ukrainian delegation, the director of the scientific and technical development department of the Education Ministry, Dmytro Cheberkus, said.
In his words, it is important for Ukraine to carry out joint research with China, exchange scientists at stations and cooperate in the field of logistics. “With regard to Malaysia and Turkey, which do not have their own stations in Antarctica, they want to participate in research at the Ukrainian station ‘Academician Vernadsky’. Our task is to create proper conditions for this,” Cheberkus said.
According to him, last year Turkish scientists already participated in short-term research projects using the Ukrainian infrastructure – they studied the marine biology and the process of glaciers melting.
The Ukrainian delegation also agreed to hold joint events with their counterparts from France, in particular, cultural ones, on the basis of the French Institute.
In addition, Ukraine intends to participate in an inter-session contact group to discuss future challenges of the Antarctic research. The relevant agency was proposed by Australia, which will lead the group.
“The location of the Ukrainian station ‘Academician Vernadsky’ makes it possible to conduct unique observations, since there is a rapid melting of the ice cover in this region of Antarctica. We have excellent prospects for expanding international scientific cooperation in at least two areas: marine biology and monitoring of melting of the continental ice,” Cheberkus said.