Business news from Ukraine

Business news from Ukraine

AFTER OVERHAUL OF BIG ORBITAL ROAD BURDEN ON STREETS IN KYIV TO DECREASE – VITALI KLITSCHKO

After the overhaul of the big orbital road the transport burden on central streets in Kyiv would decrease, as transit vehicles would avoid central roads, Kyiv Mayor Vitali Klitschko has said. The press service of the mayor of Kyiv reported that during the inspection of the construction of the overpass and the junction on the orbital road, in the section from Marshal Rokosovsky Street to Bohatyrska Street, Klitschko said that the main thoroughfare in this section will be about 2 kilometers. The plan provides for the construction of 2 new overpasses, an underground pedestrian crossing, the installation of an embankment, the re-laying of all communications and utility networks. Also landscaping of the adjacent territory will be provided.
According to him, now work has been done to prepare for the construction of overpasses through Bohatyrska Street and through the railway. The tunnel part of the underground pedestrian crossing was made. The development of earth embankment has begun. All the work at the site should be completed next autumn.
Also Klitschko checked up how works on overhaul of Kulzhenko Family Street are being conducted. After the repair there will be a direct exit to the orbital road, which is currently under construction. This will significantly relieve the area of Taras Shevchenko Square from especially transit transport, this will reduce the number of “traffic jams” in the area. Klitschko reminded that over the previous two years more than 500 kilometers of roads were repaired in Kyiv. And at least 300 kilometers are planned to be renewed this year.

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HIGHEST LEVEL OF WAGES ARE IN KYIV, LOWEST IN CHERNIHIV, WAGES IN UKRAINE 13% UP IN JUNE

Real wages in Ukraine in June 2018 compared to June 2017 increased by 13%, compared to May 2018 by 4.8%, the State Statistics Service has reported. It said the average nominal wage of full-time employees in June 2018 compared to May 2018 rose by 4.8%, in annual terms by 24.2%, amounting to UAH 9,141, while in May it was UAH 8,725, in April some UAH 8,480, in March some UAH 8,382, in February some UAH 7,828, and in January UAH 7,711.
According to statistics, the largest growth in the average wage of full-time employees in June 2018 compared with June 2017 was observed in Zakarpattia (28.2%), Zhytomyr (27.4%), Dnipropetrovsk (27%), Poltava (26%), Vinnytsia and Zaporizhia (26.9%), Mykolaiv and Kirovohrad (25.8%), Volyn (25.6%), Ternopil (24.8%), Kyiv (24%), Khmelnytsky (23.7%), Lviv (23.6%), Cherkasy (23.5%), Ivano-Frankivsk (21.9%), Chernivtsi and Chernihiv regions and Kyiv (22.2%).
Wage growth in Donetsk and Luhansk regions (excluding part of the joint forces operation) was 20% and 33.4% respectively.
The highest level of wages in the past month was recorded in Kyiv at UAH 13,553, the lowest one in Chernihiv region at UAH 7,341.

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CITY OF KYIV WITH KYIV REGION, DNIPROPETROVSK, KHARKIV AND ODESA AMOUNT TO 51% OF TOTAL TRADE TURNOVER IN UKRAINE

Ukraine’s retail trade in January-June 2018 increased by 6.2%.
Four regions (City of Kyiv with Kyiv region, Dnipropetrovsk region, Kharkiv region and Odesa region) amount to 51% of total trade turnover.
Luhansk and Ternopil are on the last places.
In June 2018 alone, retail trade decreased by 0.8% compared to May 2018, but it grew by 6.3% compared to June 2017.

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VITALI KLITSCHKO PLANS TO RUN AGAIN FOR KYIV MAYOR

Vitali Klitschko plans to again run for Kyiv mayor, the politician said in an interview with Novoye Vremia publication. “I have been holding this post for four years. I have already done many things, and most importantly – a push. The past years were difficult. But I can say now that I will run for a mayor’s post, because I want to accomplish the plans voiced by me,” said Klitschko.
Klitschko has been holding the post of the mayor of Kyiv and head of the Kyiv city state administration since June 2014.

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HUNGARIAN LOW-COST WIZZ AIR STARTS FLIGHTS FROM KYIV TO PARIS AND BRUSSELS

Hungarian low-cost airline Wizz Air will soon start flights from Kyiv to Brussels-Charleroi and Paris-Beauvais Airports.
“Our newest added destinations of Wizz from Kyiv include: Dortmund, Memmingen (Munich West,) Brussels-Charleroi, Paris-Beauvais and Copenhagen,” says a message sent to the airline’s customers on Thursday.
At the same time, flights from Kyiv to Brussels-Charleroi and Paris-Beauvais are not currently shown in the booking system, while flights to Dortmund and Memmingen (Munich West) have been serviced by the company for several years, and those to Copenhagen since August 2017.
As reported, Wizz Air in January-May 2018 transported 425,000 passengers to/from Ukraine, which is almost twice as many as in the same period of 2017. “From Kyiv, we offer 1.3 million passenger seats this year, which is 79% up. And in total from Ukraine this year, we offer 1.67 million passenger seats,” Head of Corporate Communications at Wizz Air Sorina Ratz said late in June.

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IRISH RYANAIR TO LAUNCH FLIGHT FROM KYIV TO POLAND’S BYDGOSZCZ IN OCTOBER

Ryanair, the largest European low-cost airline, will launch a new flight from Kyiv to Bydgoszcz, the administrative center of Poland’s Kuyavian-Pomeranian Voivodeship, on October 31.
“+1 Ryanair flight from Boryspil to Poland as soon as this fall. In total, there are 17 directions handled by this company between Ukraine and the EU, and this fall there will be pleasant surprises from Europe’s No. 1 carrier!” Ukrainian Minister of Infrastructure Volodymyr Omelyan wrote on Facebook on June 26.
According to Ryanair’s booking system, flights to Bydgoszcz will be carried out twice a week – on Wednesdays and Sundays. Currently, prices start from EUR22 (one way).
Taking into account this route, Ryanair offers flights from Kyiv to six Polish cities and one destination to Germany, Spain, Lithuania, Slovakia, the United Kingdom and Sweden each, as well as two routes from Lviv to Germany and Poland each, and one to the United Kingdom.

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