Business news from Ukraine

POLAND’S LOT AIRLINE TO LAUNCH REGULAR FLIGHTS BETWEEN KHARKIV, WARSAW ON MARCH 1

KHARKIV. Nov 10 (Interfax-Ukraine) – Poland’s LOT airline will start servicing direct regular flights on the Kharkiv-Warsaw route on March 1, 2016.

The press service of Kharkiv international airport reported on Monday that Embraer planes will service the flights five times a week. The departure time from Kharkiv is planned in a way to allow passengers access to as many as possible connecting flights to North America and Europe.

“The resumption of direct flights between Kharkiv and Warsaw is of large importance from the point of view of developing business communication between the two countries and for tourism. Taking into account experience, one can say for sure that this route is of large demand. The interest of Ukrainian and Polish citizens in the route is stably high. In particular, only in 2014, the General Consulate of Poland in Kharkiv issued over 65,000 visas,” the press service said, citing Director General of Kharkiv airport Volodymyr Vasylchenko.

Kharkiv will be one of the first new cities LOT will fly to after it finishes its restructuring. Along with the launch of flights to Kharkiv, LOT will also launch flights to Tokyo, Seoul, Barcelona, Zurich, Venice, Athens, Nice, Beirut, Ljubljana, Cluj-Napoca, Palanga and Kosice.

NIBULON BOOSTS YIELD OF EARLY GRAIN AND OILSEEDS BY 19% IN 2015

KYIV. Nov 10 (Interfax-Ukraine) – Mykolaiv-based Nibulon agri-business, one of Ukraine’s largest producers and exporters of grain and oilseed crops, boosted the yield of early crops by 19% in 2015 from 2014, to 130,000 tonnes.

“Our increase in the yield of early crops is 19%, to 130,000 tonnes,”

Nibulon Deputy Director General Kostiantyn Khmelnytsky told Interfax-Ukraine.

In his words, the average crop capacity of wheat was 43.7 centners per hectare, that of barley 445.1 centners per hectare, and rapeseeds 34.7 centners per hectare.

Nibulon completed the sowing of winter crops, having insignificantly reduced areas under crops from the previous year, to 30,000 hectares, including 23,000 hectares under wheat and 3,500 hectares under rapeseeds.

As was reported, Nibulon JV was founded in 1991. It is one of the largest operators on the Ukrainian grain market.

SKHIDNY MINING, CHINA’S CNEIC DISCUSS COOPERATION IN DEVELOPING NOVOKOSTIANTYNIVSKE URANIUM FIELD

KYIV. Nov 10 (Interfax-Ukraine) – Skhidny Mining state enterprise (Zhovti Vody, Dnipropetrovsk region) and representatives of China Nuclear Energy Industry Corporation (CNEIC) have discussed prospects of cooperation in the realization of the investment project on developing the Novokostiantynivske uranium field, the press service of Skhidny Mining has reported.

The press service said that representatives of the Chinese corporation visited the enterprise at the end of October.

“The discussion of ways to realize the project on developing the Novokostiantynivske field and the possibility of signing the agreement of cooperation was continued by the representatives of the Chines delegation on October 30 at a meeting in Nuclear Fuel state enterprise,” the company said.

As reported, Skhidny Mining saw a 0.4% rise in uranium concentrate production in 2014, to 925.7 tonnes.

Skhidny Mining is the only uranium ore producer in Ukraine and the largest one in Europe. The annual demand of the Ukrainian nuclear power industry for uranium totals 2,400 tonnes, and in 2015 the company plans to produce 1,200 tonnes.

 

UKRAINE, UAE CONFIRM PLANS TO EXPAND AVIATION COOPERATION AT 2015 DUBAI AIRSHOW

KYIV. Nov 10 (Interfax-Ukraine) – Ukraine and the United Arab Emirates (UAE), during the 2015 Dubai Airshow, agreed to continue discussion on their aviation partnership potential in the near future in Kyiv at the governmental level, Deputy Economic Development and Trade Minister of Ukraine Ruslan Korzh has said.

“In the afternoon we had a meeting with a high-ranking official from the UAE government to discuss joint projects. The result is: we’re sending potential projects within one month, then we will accept a delegation in Ukraine and reach a concrete result,” he wrote on his Facebook page on Monday.

“The quotations from our counterpart: “you have phenomenal engineers; they could create, in the truest sense of the word, whatever one likes. However, you cannot organize it in the project that could give a result,” he wrote, adding “Would you be stuck with the shame? I was. And we will change it.”

Korzh said that as a part of the ongoing cooperation with Ukraine’s Emirati partners he also visited the servicing center of public joint-stock company Motor Sich in Sharjah, and another international company which employs over 200 Ukrainian engineers, technicians and pilots.

“The UAE have created a favorable business climate. One can learn a lot here,” he said.

The Dubai Airshow has been held once every two years since 1989. It is the largest airshow in the Middle East.

Ukraine, represented by its leading designer and manufacturer of aircraft Antonov State Enterprise (Kyiv), is exhibiting an An-178 new transport aircraft with a transport capacity of up to 18 tonnes. An-132 light multipurpose aircraft with a transport capacity of 9.2 tonnes which are being manufacturing under the order of Saudi Arabia, and the An-148/158 regional next generation jet family are also being presented at the exhibition.

TRIPADVISOR TOURISTS’ ONLINE RESOURCE PLANS TO EXPAND ACTIVITIES TO ALL OF UKRAINE – PUBLIC OFFICIAL

KYIV. Nov 10 (Interfax-Ukraine) – The Economic Development and Trade Ministry of Ukraine has held its first talks with the largest global tourists’ online resource TripAdvisor on the expansion of its operation to cover the entirety of Ukraine, Advisor to the Economic Development and Trade Minister of Ukraine Ivan Liptuha has said.

“Today, we held the first talks on expansion of partnership to all of Ukraine in the London office of TripAdvisor,” he wrote on his Facebook page.

Liptuha said that three years ago, the Tourism of Odesa association signed an agreement with TripAdvisor for an unbiased appraisal of hotels and restaurants in Odesa, with the association also receiving analytical materials.

Every year, on September 27, the city and the association issues awards to the top ten hotels, restaurants and attractions under the TripAdvisor rating, he said.

Liptuha said that expansion of the partnership with TripAdvisor to cover all of Ukraine would mean that statistics and analysis of online resources would be used to ensure unbiased ratings on the basis of the real feedbacks of guests.

Additionally, it is planned to launch the Ukrainian language version of www.tripadvisor.ua and integrate its tools with the national tourist portal, he said.

Liptuha noted that the expansion of cooperation will include seminars for hoteliers and restaurateurs on optimizing their sales, increasing feedback, and to award the best hotels, restaurants and attractions under the TripAdvisor rating.

UKRAINE INCREASES EXPORTS OF PORK BY 3.8 TIMES, POULTRY EXPORTS 4% DOWN IN TEN MONTHS

KYIV. Nov 9 (Interfax-Ukraine) – Ukraine in January-October 2015 exported 23,795 tonnes of pork, which is 3.8 times more than in the same period in 2014.

According to customs statistics made public by the State Fiscal Service of Ukraine, in monetary terms exports of these products during the first ten months of the year was $49 million.

Pork imports amounted to 3,442 tonnes against 28,500 tonnes a year earlier. In monetary terms imports for the ten months 2015 totaled $7.631 million.

Exports of poultry and by-products decreased by 4%, to 136,902 tonnes. Poultry exports amounted to $193.324 million.

At the same time, imports amounted to 47,312 tonnes ($30.616 million), which is 0.47% higher than in January-October 2014, which amounted to 47,090 tonnes worth $45.7 million.