Business news from Ukraine

Business news from Ukraine

ATTRACTION OF INVESTMENTS: UZBEKISTAN INTERESTED IN NEW PROJECTS IN UKRAINE

Today, on July 30, Deputy Economy Minister of Ukraine Iryna Novikova met with the founder of Welfare Investment Alliance consulting company, Ambassador Extraordinary and Plenipotentiary of the Republic of Uzbekistan to Ukraine (2012-2019) Alisher Abdualiev.

The Deputy Minister of Economy expressed hope for the further strengthening of relations between the two countries and stressed that creating comfortable conditions for doing business and implementing new investment projects is an extremely important step for enhancing investment cooperation between the states.

“Today Ukraine is interested in attracting investments and therefore is actively introducing new legislative initiatives. We see a great demand from investors for industrial parks and a new mechanism to support investors in attracting investments, the so-called law on ‘investment nannies’,” Novikova said.

During the meeting, the participants discussed the prospects and possibilities of creating a simplified access to the markets of the countries, a favorable environment for the implementation of joint projects and attracting investments.

So, among the promising industries for cooperation between the two countries is the aviation industry, as well as the implementation of projects to create livestock complexes and silk production in Ukraine.

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UKRAINIAN INTERPIPE EXPANDS PIPE SUPPLIES TO UZBEKISTAN

The Ukrainian industrial company Interpipe is increasing the volume of deliveries of premium products and expanding the list of countries where they are used, according to the company’s Facebook page.
At the same time, it is noted that pipes with premium sleeveless UPJ-F connection are successfully operated in Uzbekistan.
“At the beginning of the year, we talked about the supply of pipes with a sleeveless joint of our own design UPJ-F to our permanent partner, Uzbekneftegaz. In the second quarter, such casing pipes of two diameters – 139.7 mm and 193.7 mm – were successfully run, showed high performance and received positive feedback from the client,” the report says.
The press release specifies that Ukrainian pipes with UPJ-F are used to produce gas in difficult geological conditions. The absence of a sleeve makes it easier to run pipes in wells with complex profiles or in horizontal sections. This connection expands the capabilities of customers in the field of well building, accelerates drilling and guarantees the highest level of gas tightness.
Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company’s products are supplied to more than 80 countries around the world through a network of sales offices located in the key markets of the CIS, the Middle East, North America and Europe. In 2020, Interpipe sold 662,000 tonnes of finished products, including 192,000 tonnes of railway products. Railway products are sold under the KLW brand.
Interpipe employs 11,000 people. In 2020, the company transferred UAH 2.54 billion to the budgets of all levels.

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NEW UKRAINIAN AIRLINE BEES AIRLINE PLANS TO LAUNCH FLIGHTS FROM KIEV TO SAMARKAND (UZBEKISTAN)

The new Ukrainian airline Bees Airline intends to operate flights from Kyiv to Samarkand (Uzbekistan) from July 2021.
As reported on the website of the State Aviation Service of Ukraine, the company’s application will be considered by the regulator’s commission at a meeting on Thursday.
At the meeting, the State Aviation Service Commission will also consider the application of Bees Airline on granting it the right to operate the Kyiv-Helsinki-Kyiv air line from June this year.
In addition, the issue of canceling the right of Ukraine International Airlines (UIA) to operate the Odesa – Baku (Azerbaijan) – Odesa line and granting SkyUp the right to this line will be considered.
In addition, the issue of granting SkyUp the right to operate the Kyiv – Dalaman (Turkey) – Kyiv and Lviv – Bodrum (Turkey) – Lviv lines and Azur Air Ukraine the right to operate the Kyiv – Istanbul – Kyiv flights will be considered.

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INTERPIPE SUPPLIES PREMIUM PIPES TO UZBEKISTAN

Interpipe, the international vertically integrated pipe and wheel company, continues to develop the export of premium pipe products by supplying premium pipes UPJ-F to Uzbekistan.
“We continue to develop the export of our premium products. This time, the Ukrainian industrial company Interpipe has successfully supplied casing pipes with a premium UPJ-F sleeveless connection to our permanent partner Uzbekneftegaz, the national holding corporation of Uzbekistan,” Interpipe said on Facebook.
At the same time, it is explained that this company is engaged in geological exploration, production and processing of oil and gas. Interpipe has been cooperating with it for several years, selling pipe products for the construction of oil and gas wells. But this order is special: Interpipe for the first time delivered 500 tonnes of UPJ-F casing to a client from the CIS, the report explains.
“The complexity of the order consisted not only in high-precision production, the client asked to ship the first batch as soon as possible. In total, over the past six months, Interpipe has supplied Uzbekneftegaz with almost 2,000 tonnes of pipes of various assortments,” the group said in a press release.
The company expects that the supply of premium products to gas wells in Uzbekistan will strengthen the position of Interpipe in the market of sleeveless connections in the Central Asian region.
Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company’s products are supplied to more than 80 countries around the world through a network of sales offices located in key markets of the CIS, the Middle East, North America and Europe.

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SKYUP TO OPERATE FLIGHTS TO UZBEKISTAN

SkyUp Airlines, according to the released information, plans to operate four flights from Kyiv to Tashkent (Uzbekistan). They are scheduled for March 4, 11, 18 and 25.
Upon arrival in Uzbekistan, citizens of Ukraine must sign a commitment to undergo mandatory 14-day self-isolation at their place of residence or hotel.
Regardless of the presence of a certificate of the absence of COVID-19, upon arrival in Uzbekistan, citizens of Ukraine are required to undergo express testing for antigens to COVID-19 at their own expense.

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UZBEKISTAN RESUMES UKRAINIAN CONFECTIONARY IMPORTS

Uzbekistan from December 17 fully resumed customs clearance of goods of Ukrainian origin, including confectionary products, the Ukrkondprom association has reported. According to the association, manufacturers traditionally export the largest amount of confectionary during the New Year and Christmas holidays, so the lack of access to the Uzbek market during this period would cause significant damage to Ukrainian exporters.
As reported, Uzbekistan in the middle of November 2018 suspended customs clearance of goods from Ukraine without official explanation of the reasons. On November 11, the Ukrtsukor association of sugar manufacturers announced a gradual customs clearance of goods of Ukrainian origin.

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