Business news from Ukraine

KYIV, KHARKIV, RIVNE REGIONS LEADERS IN RATING OF UKRAINIAN REGIONS IN 2017 – MINISTRY

Kyiv, Kharkiv and Rivne regions are leaders in the rating of Ukrainian regions, according to the social and economic development monitoring for 2017 drawn up by the Regional Development, Construction, Housing and Utilities Economy Ministry of Ukraine.
According to the study, Kyiv city (Mayor Vitali Klitschko) and Kharkiv region (Head of Regional Administration Yulia Svitlychna) retain their positions for the second year in a row.
Kyiv city was first in most figures. In Kharkiv region, the smallest unemployment rate in Ukraine – 6.1%, and the highest share of power generated from alternative sources, as well as the level of the introduction of energy saving technologies – 30.4% and 72% respectively.
Rivne region is third (Head of Regional Administration Oleksiy Muliarenko). The region climbed by three positions compared with 2016. Dnipropetrovsk region is fourth (Valentyn Reznichenko). The region climbed six positions up.
Chernivtsi region is fifth (Oleksandr Fyschuk).
Outsiders of the rating are Luhansk, Donetsk, Mykolaiv, Chernihiv and Odesa regions.
The study is conducted under government resolution No. 856 dated October 21, 2015 on the approval of the rules of conducting monitoring and assessing results.

, , , , ,

LAVINA MALL IN KYIV POSTS UAH 120 MLN OF NET PROFIT IN Q1

Lavina Mall LLC (Kyiv), the owner of Lavina Mall in Kyiv, posted UAH 119.9 million of net profit in January-March 2018 compared with net loss of UAH 114 million year-over-year.
According to a financial report of the company in the information disclosure system of the National Commission for Securities and the Stock Market, net revenue grew 2.6-fold, to UAH 154.9 million.
Gross profit soared 11-fold, reaching UAH 98.4 million, and operating profit – 19-fold, to UAH 154.9 million.
Uncovered loss in Q1 2018 fell by 34%, to UAH 229 million.
Total bills receivable over the period rose by 6.8%, to UAH 546.8 million.
Non-current liabilities increased 5%, to UAH 1.72 billion, and current liabilities decreased 18%, to UAH 820 million.
Lavina Mall was opened early December 2016.
Megaline LLC (Kyiv) was the developer of the mall.
Lavina Mall LLC was founded in 2013. Its core business is leasing and operation of own and leased property.
According to the unified public register of companies, the only participant of Lavina Mall LLC as of April 2018 was Iksoria Business Limited (Nicosia, Cyprus). The ultimate beneficiary is Toms Per Andres (Sweden), while as of Q3 2017 Vagif Aliyev was the ultimate beneficiary.

, ,

UKRAINIAN TAX SERVICE STATES RISE IN NUMBER OF MILLIONAIRES, 44% OF THEM ARE REGISTERED IN KYIV

Some 4,063 taxpayers declared income in the amount of more than UAH 1 million received in 2017, the youngest millionaire living in Cherkasy is seven years old, the State Fiscal Service has said. “Compared with the corresponding period last year, the number of millionaires this year increased by 559 citizens or by 16%. One citizen declared income exceeding UAH 1 billion,” the press service of the agency said, citing acting head of the service Myroslav Prodan.
The largest number of millionaires, some 2,270 taxpayers, are citizens aged 45 and older, whereas 1,605 citizens at the age of 30 to 45 years declared income exceeding UAH 1 million, and 188 citizens under 30 years. The oldest millionaire is 99 years old (Kyiv).
According to the agency, millionaires received UAH 9.8 billion income mainly at the expense of the item “other income” (additional benefit, interest accrued on deposit accounts at the bank, dividends, etc.), UAH 6.3 billion of foreign income, UAH 3.6 billion of income from operations for the sale or exchange of movable and immovable property, and UAH 2.5 billion of inheritance or received as a gift.
“Almost 44% of the total number of millionaires are registered in Kyiv (1,816 people). Among the leaders are also Kharkiv region with 299 people, Dnipropetrovsk region with 269 people, Kyiv region with 275 people, and Odesa region with 207 people,” Prodan said.
At the same time, according to the agency, the average annual income of one millionaire in Ukraine is UAH 8.2 million.

, ,

KYIV TO OPEN SEVERAL TOURIST SITES

Kyiv Mayor Vitali Klitschko has said that the city authorities are preparing to open several updated tourist sites in 2018 that will help attract more tourists in Kyiv, Kyiv City State Administration’s (KCSA) press service reported on March 31.
“The Champions League final will be held on May 26. We are expecting many tourists. Our goal is to make sure that each of them, upon return home, could tell about the wonderful city of Kyiv. The tourism industry is one of the profitable articles of each city. In the past year, our capital was visited by one-and-a-half million tourists. This year we expect two-and-a-half million guests. I am convinced that Kyiv has great tourist potential, and we are developing it. This year, we will renew St. Volodymyr Hill, the Alley of Artists, and the Landscape Alley. We will soon open very beautiful stairs from the Landscape Alley to the Honchari-Kozhumiaky natural landmark. We will develop the territory around St. Andrew’s Church,” Klitschko said.
According to him, each tourist spends an average of $150 a day in Kyiv, which also invests in the capital’s economy.
According to the report, many guests will come to the city this autumn, when Kyiv hosts the 56th Congress of the World Boxing Council (WBC). Such a great boxing event in Ukraine will be held for the first time.

, , ,

KYIV AUTHORITIES RENAMES INTERNATIONAL AIRPORT ZHULIANY “IGOR SIKORSKY KYIV INTERNATIONAL AIRPORT”

Kyiv authorities formally renamed international airport Zhuliany “Igor Sikorsky Kyiv International Airport”. The airport is widely known as ‘Zhuliany’ after the surrounding neighborhood of the same name. Igor Sikorsky was born in Kyiv. During World War I, he designed and constructed bombers for Russia’s military. After the communists came to power and threatened him and his family, Sikorsky emigrated to the USA. There, he gained renown for designing and manufacturing fixed wing aircraft and helicopters.
The Kyiv international airport (Zhuliany) serviced 130,800 passengers in February 2018, which is 51.6% more than in February 2017, the airport’s press service has reported.
The press service said that the number of passengers on international flights was 124,900 and on domestic flights – 5,900.
The number of flights in February 2018 was 1,648, which is 20.5% more than a year ago, including 1,356 international flights and 292 domestic flights.
The most popular international destinations in February-2018 remained similar to January: Dubai (the UAE), Minsk (Belarus), Ankara (Turkey), Budapest (Hungary), Warsaw (Poland), Memmingen (Germany), Rome (Italy); and domestic – Odesa, Zaporizhia and Lviv.

, , , ,