Freenet LLC Internet provider (the O3 trademark, Kyiv) increased its earnings before interest, taxes, depreciation and amortization (EBITDA) by 24.1% in 2017, to UAH 73.87 million, and its subscribers’ base expanded by 11%, to 134,400 users.
The press service of the company reported last week that in the past five years gross revenue of the operator soared 2.6-fold, including by 23.4% in 2017, to UAH 178.2 million.
EBITDA margin reached 50% in 2017.
Last year the company invested UAH 84.46 million in development of own networks, which is UAH 20 million more than in 2016.
Today Freenet has 17 branches and subscribers’ servicing centers in nine regions of Ukraine.
Freenet provides services under the O3trademark. It is the national operator of broadband Internet access.
The company builds networks using FTTx technology using 10 and 40 gigabit fiber-optic cables.
The share of cashless payments using cards increased from 38.4% in Q1 2017 to 44.4% in Q1 2018, the National Bank of Ukraine (NBU) has reported on its website.
The volume of cashless transactions in Internet using mobile banking applications and e-commerce grew by 66.5%, to UAH 272.571 billion, and the number of these transactions by 34.1%, to 673 million.
The central bank said that payments in the Internet had the lion’s share of total cashless transactions – 35.9% (40.7% of the total number of transactions). The share of transactions in retail chains was 29.6% (50.6%), that for transactions to transfer money from one card to another – 26.9% (6.7%) and that for transactions using self-service machines (SSMs) – 8% (2%).
Ukrainians carried out 193 million transactions to withdraw cash for UAH 341.513 billion in Q1 2018.
The NBU said that the total number of payment cards over the period grew by 3.12%, to 59.9 million, including 34.762 million actively used cards (at least one transaction in the past three months).
As of January 1, 2018, a total of 77 banks members of the card payment systems worked in Ukraine (eight less than a year ago).
Public joint-stock company Sumy Machine-Building Science and Production Association (Sumy NPO) is preparing for the delivery of equipment for modernization of gas pumping units of the Pamuk boosting compressor station (Uzbekistan) for the amount of $3.7 million.
The company said that the supervisory board of the company on May 17, 2018 approved the signing of the respective contract with Ingenieurbüro Reinhold Großmann GmbH & Co KG (Germany), part of the Grossmann Group.
Grossmann Group implements comprehensive engineering turn-key projects in the oil, gas and chemical industries, as well as environment and resources.
Sumy Machine-Building Science and Production Association is one of the biggest producers in Europe of gas re-pumping units and outfitted compressor stations for various uses: centrifugal, vacuum, and chemical pumps, and centrifuges and other equipment for the chemicals gas and oil-refining industries.
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GEFCO Ukraine, a logistic operator, a representative of France’s GEFCO Group, plans to triple warehouses areas in Ukraine in 2018, to 15,000 square meters, leasing new premises in Kyiv city and region, GEFCO Ukraine Director General Oksana Yakovleva has said.
“This year we are planning to triple the warehouse space in Kyiv city and region, but we are also considering Odesa and Dnipro. The main customers of these warehouses are spare parts and machinery (automobile, agricultural and household appliances), FMCG has already appeared. We are mulling the launch of the fulfillment service for one of our clients, perhaps this year,” Yakovleva told Interfax-Ukraine.
According to her, GEFCO does not have its own warehouses in Ukraine, all warehouse space in the portfolio is leased. At the same time, the company has its own truck fleet.
According to Yakovleva, the total area of storage facilities is now about 5,000 square meters, except for them there are motor transport depots in Chornomorsk, Odesa region (a port terminal for 54,000 square meters) and one in Kopyliv, Kyiv region (an automobile terminal with customs-licensed warehouse for 15,700 square meters and a commercial warehouse of 127,000 square meters), in which the process of storing and sorting cars is carried out.
“At the same time, we use a large number of Polish warehouses of the GEFCO Group, since a lot of products need to be exported from Ukraine and this service is even more in demand now, because customers do not have their own representative offices or warehouses in the EU, so we offer our solutions: export and distribution,” the general director of GEFCO Ukraine said.
GEFCO Group has more than 300 sites in 150 countries with 13,000 employees. In 2017, the turnover of the group was EUR 4.4 billion.
In Ukraine, the group started operations in 2008. In 2016, the company recorded an increase in turnover by 47% compared to 2015, UAH 230 million. The company employs 55 people.
