Business news from Ukraine

Business news from Ukraine

Ukrainian bakery chain opens its first location in Bratislava

The Ukrainian bakery chain Lviv Croissants has entered the Slovak market and opened its first outlet in Bratislava, the company’s website reports.

According to the report, the first Slovakian Lviv Croissants opened in the center of the Slovak capital, at 13 Hviezdoslavovo náměstí.

“This is the old town, so there are always a lot of locals and tourists here,” the company said.

Lviv Croissants is a Ukrainian international franchise restaurant chain founded in 2015. It specializes in making croissants and has 160 locations in Ukraine and 11 in Poland. The company intends to open a restaurant in the United States and is already in negotiations. It is part of the Fast Food Franchising Group.

Fast Food Franchising Group LLC was founded in 2015 in Lviv.

The company’s net loss in 2023 amounted to UAH 598.3 thousand compared to UAH 483 thousand of net profit a year earlier. Last year, the company’s revenue increased by 55.1% to UAH 6.939 million, its debt obligations increased 9.7 times to UAH 188.9 thousand, while its assets decreased by 19% to UAH 1.89 million.

The company’s beneficiaries are PE Firm Infobud, which owns 50% of the shares, Yevhen and Andriy Galitsky (20% each), and Yuriy Zagrodsky (10%).

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Bratislava mayor to give Kiev 25 buses and help with rehabilitation center for military

Bratislava Mayor Mateusz Vallo has offered Kiev assistance in attracting world experts in consulting in the restoration of infrastructure, development of the transportation system, said Kiev Mayor Vitali Klitschko after a meeting with his Slovak counterpart.

“Our cities are linked by twinning relations… We agreed on further assistance from Bratislava, in particular in setting up a rehabilitation center for the military, which Kiev is creating. We also discussed the future restoration of Ukraine and Kyiv,” Klitschko wrote in Telegram on Tuesday evening.

Also, according to him, Bratislava will soon hand over 25 city buses to Kiev as aid. Now they are being prepared for shipment, the mayor of the Ukrainian capital said.

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Mayors of Warsaw, Prague, Budapest, Bratislava came to Kiev

The mayors of Warsaw, Prague, Budapest and Bratislava are visiting Kiev, the Polish TV channel Polsat News has reported.
Details of the mayors’ visit to the Ukrainian capital are not yet known.
According to media reports, this is the first visit of Warsaw Mayor Rafal Trzaskowski to Kiev after the war started.
On February 15, 2022, Trzaskowski, accompanied by Prague mayor Zdenek Grzyb on behalf of the Pact of Free Cities went to meet with Kiev mayor Vitaliy Klitschko.

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WIZZ AIR AIRLINE TO LAUNCH FLIGHTS FROM ODESA TO BUDAPEST, BERLIN, BRATISLAVA, WROCLAW, GDANSK, AND KATOWICE

Hungary’s low cost Wizz Air airline in autumn 2019 will launch flights to seven new destinations: six from Odesa and one from Lviv, Paulina Gosk, corporate communications manager at Wizz Air, said at a briefing in Odesa. According to her, from Odesa, in particular, twice a week from November flights will be operated to Budapest (Hungary), Berlin (Germany), Bratislava (Slovakia), Wroclaw, Gdansk, and Katowice (all are in Poland).
In addition, on October 28, it is planned to launch the Lviv-Larnaca (Cyprus) flights.
“In 2019, 17 new destinations from Ukraine were opened,” Gosk said.
The airline expects that thanks to the increase in the number of destinations, 2.6 million seats will be sold this year, and in general, 53 destinations will be covered from Ukraine by the end of 2019, Gosk said.
As reported, in January-July 2019, Wizz Air transported 1.3 million passengers from and to Ukraine and this is almost twice as much compared to the same period in 2018.

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WIZZ AIR TO LAUNCH FLIGHTS FROM LVIV TO VILNIUS, BRATISLAVA, FROM KHARKIV TO GDANSK, WROCLAW

Hungary’s low cost airline Wizz Air from October 2018 will service flights from Lviv to Vilnius and Bratislava, and from Kharkiv to Gdansk and Wroclaw. The press service of the airline reported that Ukrainian passenger can book tickets on the airline’s website at the prices starting from UAH 299 for a one-way ticket, taking into account all taxes and duties.
Flights from Lviv to Vilnius will be serviced from October 29 on Mondays and Fridays; from Lviv to Bratislava – from October 30 on Tuesdays, Thursdays and Saturdays.
Flights from Kharkiv to Gdansk and Wroclaw will be serviced on Wednesdays and Sundays from October 28, 2018.
“We will now service regular flights from the Kharkiv international airport on four Polish routes, and we hope that direct flights to cities such as Wroclaw and Gdansk will open even more opportunities for our passengers: both in the tourism industry and in education, culture, entrepreneurship and others,” Commercial Director for Aviation Activities of the Kharkiv international airport (managed by New Systems AM, a member of the DCH group of businessman Oleksandr Yaroslavsky) Vladyslav Ilyin said.

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