Business news from Ukraine

Business news from Ukraine

EUROPEAN TRAVEL INSURANCE FROM KIEV COLLECTS INSURANCE PREMIUMS IN AMOUNT OF UAH 182 MILLION

European Travel Insurance (Kyiv) in 2020 collected insurance premiums in the amount of UAH 182.440 million, which is 43% less than in 2019.
According to a press release from the insurer, if in 2019 the company insured 1.805 million tourists for the first time, then in 2020 some 825,328 people used its services. The net profit of the insurer after taxation according to the IFRS system in 2020 amounted to UAH 24.497 million.
According to the press release, 2020 has changed the attitude towards travel insurance and its individual types. Thus, there was an increased demand from both tour operators and individual tourists for insurance of financial risks in case of travel cancellation or interruption. If in 2019 such risks were insured by 22% of tourists, then in 2020 some 38% of the total number of insured.
In 2020, the company registered 8,924 insurance events with tourists, the total amount of insurance payments was UAH 68 million. In 2020, the ratio of events with tourists registered by the company also changed towards an increase in the share of requests due to the occurrence of an insured event due to cancellation/interruption of travel.
The total amount of payments in connection with cancellation/interruption of travel in 2020 stood at UAH 19.543 million, in 2019 – some UAH 15.673 million. In total, over the past year, 840 payments were made in connection with the cancellation or interruption of a trip, 498 such payments were in 2019.
The company also notes that the tourism industry is reporting a more than 70% reduction in tourism in 2020. Almost the same drop in international passenger air transportation (approximately 72% of the volume of 2019) is noted by the Ukrainian aviation business.

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KIEV TO ADHERE TO STRICT QUARANTINE TO PREVENT POSSIBLE COLLAPSE OF MEDICAL SYSTEM

Kyiv will adhere to additional strengthened quarantine restrictions in order to save lives and prevent a possible collapse of the medical system, mayor of the capital Vitali Klitschko has said.
“Kyiv, where the incidence rate remains high, is forced – whether we like it or not – to comply with a lockdown. Yes, the economic consequences of quarantine will be disappointing. We understand how difficult it is for business now … But today the main thing is the health and life of each of us, our relatives and friends, our friends, the health and lives of Ukrainians. It is very important to prevent a possible collapse of the medical system,” Klitschko wrote on his Facebook page.
The Mayor of Kyiv recalled that many other countries had previously introduced strict restrictions, and today they have also extended them.

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ONE OF THE LARGEST COFFEE PRODUCERS BUILDS DISTRIBUTION CENTER IN KIEV

The Strauss Group international company, one of the largest coffee producers in the world, in the third quarter of 2020 put into operation a warehouse and distribution center at 56A, Novopyrohivska Street, in the Holosiyivsky district of Kyiv.
“An innovation distribution center in Ukraine opened in the third quarter,” the group said in its third quarter report.
According to the unified public register, Strauss Ukraine LLC on October 9 also changed its legal address to 56A, Novopyrohivska Street (formerly – 5B, Antonova Street).
“09/25/2020. Now this date has historical value for us. For 20 years of work in Ukraine, we have had many achievements in all areas of consumption, production and preparation of coffee. And today one of our achievements is the opening of the doors of a new home for all our employees! Congratulations to all our colleagues on moving to a new, very modern, functional, stylish location,” the company said on its Facebook page.
Strauss Group specializes in the production of food and beverages and is one of the five coffee companies in the world. It has 29 production sites in 22 countries. The staff includes 14,000 people.
In the Eastern European market, Strauss represents the brands Black Card, Ambassador, FORT, Totti Caffe, Elite Health Line, and Sucrazit.

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WINDROSE LAUNCHES FLIGHTS FROM KIEV TO SOME BALKAN COUNTRIES

Windrose Airlines (Kyiv) in December will start operating regular flights to the capitals of the Balkan countries.
The press service of the airline reported on Friday that from December 1, in particular, the Kyiv – Podgorica (Montenegro) – Kyiv flight will be launched. Flights 7W747/748 will be operated twice a week: on Tuesdays and Saturdays.
From December 6, the flight Kyiv – Skopje (Macedonia) – Kyiv will be launched. Flights 7W791/792 will be operated on Thursdays and Sundays.
From December 7, the flight Kyiv – Belgrade (Serbia) – Kyiv will be launched. Flights 7W727 / 728 will be operated on Mondays and Fridays.
Flights from Boryspil airport will be operated by Embraer-145 and ATR72-600 aircraft.
In addition, Windrose offers transits from regions of Ukraine, in particular from Kharkiv, Dnipro, Odesa and Lviv.
In addition, from December 2020, the airline will introduce additional flights in the following directions: Kyiv – Zagreb (Croatia), Kyiv – Sofia (Bulgaria). Flights to Zagreb will be performed three times a week: every Wednesday, Friday and Sunday and to Sofia – every day, except Sunday.

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ANCIENT EQUESTRIAN MARTIAL ART FESTIVAL WILL BE HELD NEAR KIEV

On October, 24 and 25 «The Kyivan Rus Park» invites everybody to a grandiose event of the autumn – Ukrainian Open Horseback Archery Championship «The Scythians».
The best horseback archers of Ukraine – prize-winners of international championships will take part in the competition.
Experienced virtuoso athletes dressed in historical costumes will compete in the accuracy of shooting with traditional (historical) bows on horseback at full gallop. It is an incredibly difficult task for the participants of the competition, and at the same time, an exciting show for the audience!
Also the guests will see the demonstrative performances of actors-stuntmen of the horse-trick theatre on the virtuoso possession of different medieval weapons.
The sportsmen and the actors-stuntmen will perform in a tandem with the unique horses of historical breeds gathered from all over the world in the Princely stable. Some of these horses can be seen nowhere else in Ukraine because they were brought to our country in a single number. The horses can be palmed, taken a photo with, ridden on a horseback or in a carriage.
In between competitions, the guests will find a bright entertainment program on a historical theme with equestrian performances and ancient Slavic funs.
The event is held in accordance with the requirements of the quarantine regime.
Ancient Kyiv opens at 10:00. The program starts at 13:30. * The event program is subject to change.
The ticket price: a full adult ticket – 250 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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PRESIDENTS OF UKRAINE AND POLAND TO MEET IN KIEV ON OCT 12

President of Ukraine Volodymyr Zelensky and President of Poland Andrzej Duda will hold a meeting in Kyiv on October 12, the presidential press service of Ukraine said.
“On October 12, a meeting will take place between President of Ukraine Volodymyr Zelensky and President of the Republic of Poland Andrzej Duda, who will be in Ukraine on an official visit,” the service said in the statement.
According to the presidential website, the official meeting ceremony will take place at Mariyinsky Palace, where the signing of Ukrainian-Polish bilateral documents will also take place.
In addition, on October 13, Zelensky and Duda will visit Odesa, take part in the work of the Ukrainian-Polish economic forum.

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