Business news from Ukraine

Business news from Ukraine

THE PARENT GROUP OF AUSTRIA RECEIVES CONSENT FOR THE CONSTRUCTION OF A PLANT IN VINNITSA

The Austrian-based Head Group has received permission from the State Inspectorate for Architecture and Urban Planning of Ukraine to start the construction of the Head Vinnytsia plant on the territory of the Winter Sport industrial park, Andriy Ocheretny, the deputy mayor of Vinnytsia, said on Facebook.
“The completion of construction of the plant and commissioning of production facilities is scheduled for December 2022. The company plans to invest about EUR80 million in the creation of production, administrative and storage facilities,” he said.
The deputy mayor clarified that since May 12, 2021, preparatory work on the land plot continued at the site: more than 100,000 cubic meters of fertile soil layer were removed, reinforced concrete supports were installed for laying a cable power line, temporary connection networks from the substation were installed.
According to the project, the building of the plant will consist of production and storage facilities, an administrative building, a sewing workshop. The production building will house workshops for the manufacture of skis, boots and bindings, as well as warehouses for raw materials and finished products.
The total area of production premises after the commissioning of the enterprise in 2023 will be 43,000 square meters.
Ocheretny noted that, as expected, this plant will be one of the largest Head Group plants in the world and will provide jobs for more than 1,200 residents of Vinnytsia.
As reported, the total area of the Winter Sport industrial park is 25 hectares. The start of construction of the plant took place in May 2021.
Head International Holding GmbH manufactures sports equipment for winter sports, tennis and scuba diving. The company’s production facilities are located in Austria, the Czech Republic, Bulgaria, China. The company is present in 85 countries around the world.

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LARGEST GROWTH IN RETAIL TURNOVER IN JAN-SEPT IS RECORDED IN VINNYTSIA, TERNOPIL, KYIV

Retail trade turnover in Ukraine (legal entities and individual entrepreneurs) in January-September 2019 in comparable prices increased by 9.8% compared with January-September 2018, the State Statistics Service has said.
According to the report, in September 2019 compared with the previous month, retail trade turnover decreased by 3.3%, in annual terms grew by 8.6% (September 2019 from September 2018).
The largest growth in retail turnover in January-September 2019 compared to the same period in 2018 was recorded in Vinnytsia (by 17.6%), Ternopil (by 16.9%), Kyiv (by 15.7%) regions and Kyiv (by 14.7%).

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VINNYTSIA AUTHORITIES PLAN TO LAUNCH FIRST PHASE OF INNOVATION PARK IN 2021

Vinnytsia authorities plan to launch the first phase of an innovation and technology park in the territory of Krystal (Crystal) plant in 2021, investment in the project is estimated at UAH 200 million, the director of the Vinnytsia City Council economy and investment department, Vitaliy Pohosian, has told Interfax-Ukraine.

“This is the former industrial territory of the giant plant Krystal. It is now operating, but to a lesser extent, so we took unused buildings into municipal ownership … The project [of an innovation and technological park] is fully funded by the city budget. The cost is estimated at approximately UAH 200 million. We’ve received permission from the State Architectural and Construction Inspectorate. We don’t focus on getting the maximum rental income, it’s important for us to fill the park with high quality residents,” Pohosian said on the sidelines of the conference on industrial construction Industrial 2.0 in Kyiv.

According to him, the total area of the park will be 8,500 square meters, the height is three floors. It will include more than 100 offices for 1,000 people. It will host the Center for Enterprise Development, co-working space, an event zone, an office center, a startup accelerator, the first children’s technological park, etc.

“We are creating an eco-system for creative industries in the city. Donetsk National University is operating next to the facility, which moved to us from Donetsk. Therefore, it will be a win-win system – employers will be able to get qualified workers, and students will get job,” he noted.

As expected, the park will be commissioned in stages starting in 2021.

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UIA LAUNCHES COMBINED AIRCRAFT + BUS SERVICE FROM VINNYTSIA JOINTLY WITH ATASS-BORYSPIL

Ukraine International Airline (UIA) jointly with ATASS-Boryspil bus operator (earlier it carried passengers from the Boryspil international airport to the central railway station of Kyiv) launched intermodal transportation between Vinnytsia and Boryspil International Airport, the press service of the UIA has reported.
The UIA combined services connecting Vinnytsia and Kyiv are operated daily on Neoplan buses. Buses depart from Terminal D, Boryspil International Airport, at 20:25, and Terminal Square, Vinnytsia airport, at 03:00.
“UIA baggage and hand baggage allowance applies to this type of travelling. Meanwhile, passengers are not required to check-in their luggage for the bus service. Animals, bulky sporting equipment, non-folding wheelchairs, and weapons are not permitted for transportation by bus,” the press service said.
The press service said that this is the first time UIA launches an intermodal service. The intermodal service is successfully provided by some European airlines.

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MYRONIVSKY HLIBOPRODUCT TO COMPLETE PHASE 2 OF VINNYTSIA POULTRY COMPLEX BY 2022

Myronivsky Hliboproduct (MHP) plans to complete Phase 2 of the Vinnytsia poultry complex with a capacity of 260,000 tonnes by 2022.
According to an annual report of the company, MHP launched the first site of Phase 2 of the complex in 2018 with a capacity of 30,000 tonnes. The expansion of production would allow MHP to increase poultry production by 36%, to 840,000 tonnes from 618,000 tonnes.
According to the report, MHP also continues actively seeking opportunities for mergers and acquisitions of companies that produce or process poultry meat in the EU, the Middle East and North Africa.
According to the report, since 2018 the company is building the second and largest biogas complex with a capacity of 24 MW at the Vinnytsia poultry complex. The complex will reach its full capacity in two years. The launch of Phase 1 with a capacity of 12 MW is scheduled for the middle of 2019.
MHP also intends to increase the land bank to 500,000 hectares (by the end of 2018 it had 370,000 hectares) “over the medium term in order to further reduce the dependence on third-party suppliers of ingredients for fodder, and to provide additional hard currency revenues from grain export sales.”
According to the report, the capital investment of MHP in 2018 amounted to $232 million, mainly thanks to the launch of the production sites of Phase 2 of the Vinnytsia poultry complex. The planned volume of capital investments for 2018-2022 is $420 million.

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INVESTMENTS IN VINNYTSIA AIRPORT TO BE UAH 1 BLN

The State Agency for Infrastructure Projects jointly with Infrastructure Ministry has presented a plan on reconstruction of municipal enterprise Vinnytsia International Airport for 2019-2020. Head of the State Agency for Infrastructure Projects Mykola Bozhko said at a press conference in Kyiv on Tuesday that it is planned to spend UAH 2.2 billion on the reconstruction project, including UAH 1.013 billion in 2019 for the first phase of the project.
According to him, the airport modernization project was developed as part of the program to modernize regional airports and the public expertise of the project is now being completed, and the reconstruction of the Vinnytsia International Airport will begin soon. “We plan to launch the first flight by the end of this year,” he said.
The first part of the reconstruction project includes: reconstruction of the runway, partial reconstruction of the apron, lighting, radio and meteorological equipment, cable networks and engineering networks of power supply and communications.
“This will allow us to get a modern, highly optimized international complex. The project is divided into two phases, which will allow, after putting into operation the first phase, to receive a fully operational aerodrome complex, which will be able to accept all types of aircraft of class B, C and, in some cases class D (767-200, 767-300),” Bozhko said.
According to him, this will increase the number of passengers served. He also noted the great potential of the Vinnytsia airport for freight shipments.
According to Bozhko, radio equipment and means of radio navigation will be supplied at the expense of Ukraine’s State Air Traffic Services Enterprise (UkSATSE).

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