The department of the State Architectural and Construction Inspectorate in Kherson region in late January 2019 put into operation the first two stages of the 14.4 MW Overyanivka wind farm, which is being built by Windkraft Ukraine (Skadovsk, Kherson region). According to the website of the State Architectural and Construction Inspectorate, the total planned capacity of the plant is 69 MW.
Windkraft Ukraine LLC in the fall of last year reported that by the end of 2018 it plans to increase the installed capacity of its wind farms in Kherson region to 170 MW and is considering the next project to increase them by another 150-170 MW.
The members of the American Chamber of Commerce in Ukraine expect the continuation of growth of the Ukrainian economy and the increase of profits in 2019 despite the elections, the co-founder and executive director of Horizon Capital, Lenna Koszarny, has said at a press conference of the organizing committee of Ukraine House Davos.
“We asked the members of our chamber, investors who invested huge money in Ukraine, what they expect in 2019. Some 74% answered growth and profits. That is, they will continue to invest, and these are the investors who understand what is happening in the country, that there will be elections,” she said.
She also noted about raising $200 million to the Horizon Capital investment fund – Emerging Europe Growth Fund III, L.P.
“This is a signal for the market that investors are interested in Ukraine. The investors who entered the fund are $350 billion of total capital,” she said.
Alexa Chopivsky, the Executive Director of Ukraine House Davos, also noted the success of the campaign at the economic forum in Davos.
“Three main conclusions can be drawn from our experience in Davos. First, Ukraine House Davos has created a powerful investment brand. Second, we have opened a window for foreigners and sponsors. Third, we have shown a positive image of Ukraine as a country of creativity, innovations and great opportunities,” the expert said.
Natural gas production in Ukraine in 2018 increased by 0.5% (by 106.3 million cubic meters) compared to 2017, to 20.898 billion cubic meters, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. According to the ministry, the enterprises of Naftogaz Ukrainy increased gas production by 0.9% (by 152.9 million cubic meters), to 16.506 billion cubic meters during this period. In particular Ukrgazvydobuvannia increased gas production by 1.2% (by 176.2 million cubic meters), to 15.420 billion cubic meters, while Ukrnafta reduced it by 2.1% (by 23.3 million cubic meters), to 1.078 billion cubic meters. Chornomornaftogaz retained production at the level of the previous year at 8.7 million cubic meters.
Other oil and gas producing companies operating in the country in 2018 reduced gas production by 1% (by 46.5 million cubic meters) compared to 2017, to 4.391 billion cubic meters.
Ukraine International Airlines (UIA, Kyiv) has been assigned with the right to fly on the Kyiv-Addis Ababa route, the Ukrainian Air Transport Association (UATA) has reported.
The press service of the airline confirmed the fact to Interfax-Ukraine, adding that at present, they cannot say when the airline will start flying to Ethiopia, as the negotiations have not yet been completed.
The airline will fly from the Boryspil international airport.
As reported, in December 2018, the State Aviation Service of Ukraine approved all applications of UIA for servicing regular flights from Kyiv to Riyadh (seven flights a week), Dammam and Jeddah (Saudi Arabia) three times a week with unlimited duration.
UIA was founded in 1992. According to the National Commission for Securities and the Stock Market and the public register, 100% directly or indirectly is controlled by Cypriot-based Ontobet Promotions Limited which beneficiaries are not disclosed. The fleet consists of 45 airplanes of different modifications.