KYIV. Jan 25 (Interfax-Ukraine) – The Cabinet of Ministers of Ukraine expects the number of foreign tourists in Ukraine to rise to 21 million people by 2020, First Deputy Minister of Economic Development and Trade Maksym Nefyodov has said.
“We expect the number of tourists to rise from 14 million to 21 million people,” he said at a round table dedicated to the discussion of the economic issues of the medium term plan of the government’s priority actions until 2020 in Kyiv.
The plan also foresees the increase in the number of domestic tourists from 500,000 to 1.5 million people by 2020.
KYIV. Jan 24 (Interfax-Ukraine) – The Ukrainian government expects the increase in the net inflow of foreign direct investment (FDI) in 2017 to reach $4.5 billion, according to First Deputy Minister of Economic Development and Trade Maksym Nefyodov.
“The net inflow of direct investment we expect will grow from about $3.8 billion last year to $4.5 billion in 2017,” he said at a round table to discuss the draft medium-term plan of the government’s priority actions until 2020 in Kyiv.
According to Nefyodov, the government expects the net FDI inflow of $8 billion in 2020.
HELSINKI. Jan 24 (Interfax-Ukraine) – The authorities of Ukraine and Finland have signed a memorandum on cooperation in the areas of energy efficiency, renewable energy (‘green energy’) and alternative fuels.
The document was signed on Tuesday by Ukrainian Deputy Prime Minister Hennadiy Zubko and Minister for Foreign Trade and Development of Finland Kai Mykkanen in the framework of the official visit of President of Ukraine Petro Poroshenko in Helsinki, according to the Kyiv-based Interfax-Ukraine news agency.
KYIV. Jan 24 (Interfax-Ukraine) – Ovostar Union, a leading egg producer in Ukraine, produced 1.479 billion eggs in 2016, and this is 24% more than a year ago.
The company said on its website that egg sales last year rose by 22%, to 1.054 billion. Exports grew by 34%, from 229 million in 2015 to 307 million in 2016.
The company processed 407 million eggs (2015: 347 million eggs). Sales volume of dry egg products increased by 9% to 2,125 tonnes (2015: 1,941 tonnes), while volume of dry egg products exported went up by 45% to 1,320 tonnes. Sales volume of liquid egg products increased by 30% to 8,689 tonnes (2015: 6,692 tonnes), while volume of liquid egg products exported amounted to 2,161 tonnes mostly due to sales to the EU countries.
Average selling price of shell eggs remained mostly the same and amounted to 1.348 UAH/egg compared to 1.374 UAH/egg in 2015. Average selling price of dry egg products increased by 13% year-on-year to 121.44 UAH/kg; average selling price of liquid egg products increased by 10% to 29.56 UAH/kg.
As at December 31, 2016 the total flock increased by 16% to 7.6 mln hens (2015: 6.5 million hens). The laying hens flock reached 6.5 million hens, up by 22% year-on-year from 5.3 million hens.
“In 2016 the company continued to follow its organic growth strategy. We managed to achieve significant growth rates in all operating indicators. I would like to note that the company started to systemically deliver the liquid egg products to the EU countries,” Ovostar Union CEO Borys Bielikov said.
KYIV. Jan 24 (Interfax-Ukraine) – Representatives of the Japanese shipping company NYK Line have visited Chornomorsk seaport, the practical result of the meeting might become the first NYK Line vessel entry to the port in the first quarter of 2017.
According to the website of the port, the purpose of the visit was to familiarize with the production capacities of Chornomorsk seaport, particularly the ferry terminal and other facilities.
“The NYK Line representatives gave a satisfactory estimate of the port infrastructure and the prospects of its development,” the report reads.
Chornomorsk seaport is a universal international port, one of the largest on the Black Sea. The enterprise has specialized terminals and systems, which allow overloading a wide range of goods: liquid, bulk, general. Its 29 berths are capable of receiving ships with a carrying capacity of up to 100,000 tonnes. The annual designed capacity of the port is more than 30 million tonnes.
The port’s capacity of container handling is 1.15 million TEU. Since 2007 the port has been capable of providing the simultaneous accepting of three ocean-going container ships with a capacity of more than 5,000 TEU and a length of up to 300 meters.
KYIV. Jan 23 (Interfax-Ukraine) – The European Bank for Reconstruction and Development (EBRD) is extending a hryvnia denominated loan of UAH 135 million (equivalent of $5 million) to Rukavychka group, a major food retailer operating 110 convenience stores in western Ukraine for the expansion of the company’s operations.
“A six-year loan by the EBRD will support Rukavychka’s investment program, which envisages the opening of 42 new stores across western Ukraine by the end of 2018, modernization and energy efficiency improvements in the existing stores and the development of a logistics centre,” the bank said.
The project will also benefit from an incentive grant of almost $200,000 extended under the EBRD Finance and Technology Transfer Centre for Climate Change (FINTECC) program designed to transfer technology in the area of climate change mitigation and adaptation, launched in Ukraine in February 2016.
“The grant to the Rukavychka group will cover introduction of a wide range of energy efficiency measures including the installation of heat recuperation systems and biomass boilers as well as the replacement of the existing cooling compressors and other equipment in the stores of the Rukavychka chain,” the bank said.
The bank said that the EU4Business Initiative groups together all the EU support for small and medium-sized enterprises in the region of the Eastern Partnership which brings together the EU, its member states and six partner countries: Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine.
Lvivkholod trade and industrial company LLC, founded in 2004, develops the Rukavychka store chain.
As of January 20, 2017 the chain had 110 supermarkets in Lviv, Ternopil, Ivano-Frankivsk, Khmelnytsky and Rivne regions.
