Business news from Ukraine

ELECTRICITY EXPORTS FROM UKRAINE ESTIMATED AT $213 MLN, LEADING CUSTOMER – HUNGARY

Ukraine in January-August 2018 exported electricity worth $213.38 million, including $27.254 million in August alone. Hungary bought electricity worth $127.415 million, Poland $49.233 million, Moldova $31.397 million, other countries $5.335 million, Ukraine’s State Fiscal Service has said. Exports of Ukrainian electricity in monetary terms in January-August 2018 increased by 21.1% compared to the same period in 2017 ($176.241 million).
Over the period under review, Ukraine imported electricity worth $1.056 million, in particular, electricity imports from the Russian Federation were estimated at $1.005 million, from Belarus at $0.046 million, from Moldova at $0.006 million.
As reported, Ukraine plans in 2018 to increase exports of electricity to the EU and Moldova by 13.3% from 2017 to 5.855 billion kWh. According to the forecast for 2018, deliveries from the Burshtyn TPP energy island to Hungary, Slovakia, Romania will be 3.6 billion kWh, to Poland 1.2 billion kWh, and to Moldova 1.055 billion kWh.

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HUNGARY, POLAND, MOLDOVA LEADERS OF ELECTRICITY IMPORTS FROM UKRAINE

Ukraine in January-June 2018 exported electricity worth $160.663 million, including $23.485 million in June alone. Hungary bought electricity worth $97.355 million, Poland $39.004 million, Moldova $20.483 million, other countries $3.821 million, Ukraine’s State Fiscal Service has said.
Exports of Ukrainian electricity in monetary terms in January-June-2018 increased by 17.8% compared to the same period in 2017 ($136.351 million).
Over the period under review, Ukraine imported electricity worth $0.803 million, in particular, electricity imports from the Russian Federation were estimated at $0.766 million, from Belarus at $0.035 million, from Moldova at $0.002 million.
As reported, Ukraine plans in 2018 to increase exports of electricity to the EU and Moldova by 13.3% from 2017 to 5.855 billion kWh. According to the forecast for 2018, deliveries from the Burshtyn TPP energy island to Hungary, Slovakia, Romania will be 3.6 billion kWh, to Poland 1.2 billion kWh, and to Moldova 1.055 billion kWh.

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HUNGARY, POLAND, MOLDOVA ARE TOP MARKETS FOR UKRAINIAN ELECTRICITY

Ukraine in January-May of this year exported electricity worth $137.168 million, in particular in May for $27.837 million. According to the State Fiscal Service, Hungary received electricity worth $85.312 million, Poland for $32.575 million, Moldova for $15.629 million, other countries for $3.652 million.
Thus, in monetary terms exports of Ukrainian electricity in January-May 2018 increased by 25% compared to the same period in 2017 ($109.749 million). In addition, Ukraine for this period imported electricity for $658,000 (from the Russian Federation for $629,000, from Belarus for $28,000, and from Moldova for $1,000).

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UKRAINE EXPORTS ELECTRICITY FOR $109 MLN IN 2018, HUNGARY BUYS FOR $69 MLN

Ukraine in January-April this year exported electricity for $109.331 million, in particular in April for $28.86 million. According to the State Fiscal Service, in January-April electricity was supplied to Hungary for the amount of $69.146 million, Poland for $26.466 million, Moldova for $10.939 million and other countries for $2.779 million.
Thus, in monetary terms exports of Ukrainian electricity in January-April 2018 increased by 33.5% compared to the same period in 2017 ($81.899 million).
In addition, Ukraine in January-April 2018 imported electricity for $562,000 (from Russia for $539,000, from Belarus for $22,000 and Moldova for $1,000).

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UKRAINE CONSIDERABLY INCREASES ELECTRICITY EXPORTS IN Q1, MAIN IMPORTERS – POLAND, MOLDOVA, HUNGARY, SLOVAKIA, ROMANIA

Ukraine increased electricity exports 18.3% in January-March 2018 year-on-year to 1.596 billion kilowatt-hours (kWh), the Ministry of Energy and Coal Industry has told Interfax-Ukraine. Electricity supplies from the Burshtyn thermal power plant energy island in the direction of Hungary, Slovakia and Romania for the three month grew 0.9% compared to January-March 2017, to 1.026 billion kWh.
Electricity supplies to Poland rose 27.6%, to 423.327 million kWh. Ukraine exported 146.218 million kWh to Moldova in January-March 2018 compared to nil a year earlier.
No electricity was exported to Belarus or Russia in January-March 2018 or January-March 2017.
In March 2018, exports of Ukrainian electricity totaled 563.7 million kWh, which is 49.6% more than in March 2017.
Ukraine imported 8.92 million kWh of electricity in January-March 2018 (of which 8.559 million kWh from Russia and 0.361 million kWh from Belarus) versus 11.6 million kWh in the same period last year. Energomarket contracts account for the imports as technological transfers.

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UKRAINE INCREASES FREQUENCY OF FLIGHTS TO GERMANY AND HUNGARY

The State Aviation Service of Ukraine has agreed to increase the frequency of flights on the main routes to Germany. The press service of the agency said now the maximum total number of flights on the air lines Kyiv-Berlin, Kyiv-Frankfurt, Kyiv-Munich reaches 52 flights a week. The appropriate agreement was achieved by correspondence between the aviation authorities of the countries.
The frequency on regional routes remains unchanged – seven flights a week for each side. The number of destinations is limited. In addition, Ukraine has achieved agreement with Hungary to increase the frequency of passenger and freight traffic on the Kyiv-Budapest route from nine to 14 flights a week.

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