Business news from Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF FEBRUARY 25

Official rates of banking metals from national bank as of February 25

One troy ounce=31.10 grams

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QATAR AND UKRAINE TO DISCUSS RELATIONS IN ENERGY AND AGRICULTURAL SECTORS

Ukraine and Qatar intend to discuss opportunities for developing relations in the energy and agricultural sectors, as well as in military-technical cooperation and investments, Ukraine’s Minister of Finance Serhiy Marchenko said following an online conference with Ambassador Extraordinary and Plenipotentiary of Qatar to Ukraine Hadi Nasser Al-Hajri.
“Soon, as the head of the Intergovernmental Commission on Economic, Trade and Technical Cooperation between the government of Ukraine and the State of Qatar, I will initiate a discussion of new opportunities for the development of relations between our countries,” Marchenko said.
“In particular, we’ll pay attention to the energy and agricultural sectors, military-technical cooperation, investments,” the minister stressed.

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UKRAINE MAY OFFER U.S. COMPANY BOEING TO LOCALIZE AIRCRAFT PRODUCTION AT ANTONOV

Ukraine has an experience of possible cooperation with the U.S. company Boeing, in particular, on the localization of their aircraft, Deputy Prime Minister for Strategic Industries Oleh Urusky said in an interview on Army FM radio.

“I do not exclude that during my visit to the United States we will contact Boeing with these proposals, in particular regarding the possible localization of the production of this company’s aircraft at our Antonov,” he said.

Urusky said that due to the coronavirus crisis, Boeing, like many companies, has significantly decreased the number of orders.

“Now everyone is looking for new markets and opportunities. We are setting ambitious goals for ourselves to develop our military aviation. I hope that cooperation with Boeing will be useful for us in this direction,” the deputy prime minister said.

He also said that in addition to the contract signed by the Defense Ministry with Antonov at the end of 2020 on the production of three An-178s, an order for four An-74s is being prepared in 2021. Urusky said that the delivery date for the first An-178 is 2023.

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) IN JAN-NOV

Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in Jan-Nov.

SSC of Ukraine

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OXFORD/ASTRAZENECA VACCINE AGAINST CORONAVIRUS REGISTERED IN UKRAINE

An Oxford/AstraZeneca (Covishield) vaccine for emergency medical use against coronavirus (COVID-19) was registered in Ukraine on Monday, the Health Ministry’s press service said.
During a press briefing in Kyiv on Tuesday, Deputy Health Minister Yaroslav Kucher said the vaccine will arrive in Ukraine in the morning on Tuesday.
Previously, the Oxford/AstraZeneca vaccine for emergency use has already been approved by the World Health Organization (WHO), and the UK, EU and India have also given permission for its use.
Oxford/AstraZeneca (Covishield) applied for registration with the State Expert Center of the Health Ministry on February 15. Ukraine has a law that simplifies the registration procedure for COVID-19 vaccines and reduces it to five working days.

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WINDROSE AIRLINES (KYIV) TO EXPAND DOMESTIC FLIGHTS IN UKRAINE TO TEN AIRPORTS

Windrose Airlines (Kyiv) plans in 2021 to expand the map of domestic flights in Ukraine and unite at least ten cities of Ukraine, director general of the airline Volodymyr Kamenchuk has said.
“We want to expand our flight map by at least ten airports in 2021. If the situation with the pandemic declines, there will be an economic recovery in the country, I think this will be implemented,” he said during the Ukraine 30. Infrastructure forum.
At the same time, he noted that at present the program of internal transportation for the company is unprofitable.
“Unfortunately, the international [transportation program] is also unprofitable, but this is due to the general situation in the world. But if there really is government assistance, this will help us reach the payback of these flights earlier,” Kamenchuk added.
Currently, the company unites nine cities of Ukraine: Kyiv, Lviv, Kharkiv, Ivano-Frankivsk, Dnipro, Zaporizhia, Mykolaiv, Odesa, and Kherson.

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