Business news from Ukraine

UKRAINIAN AVIATION SERVICE ALLOWS WINDROSE, ATLASJET-UKRAINE TO FLY FROM KYIV TO TEL AVIV

The State Aviation Service of Ukraine has approved the applications of Windrose and Atlasjet-Ukraine airlines for flights on the Kyiv-Tel Aviv route (Israel), as well as SkyUp (all based in Kyiv) for Lviv-Tel Aviv and Zaporizhia-Tel Aviv flights. According to the website of the service, Windrose can operate flights from Kyiv to Tel Aviv and back on a charter basis (16 flights a week) from September 23 to October 6, 2019.
Atlasjet-Ukraine can fly from Kyiv to Tel Aviv and back on a charter basis (seven flights a week) from September 25 to October 3, 2019.
SkyUp can fly from Lviv and Zaporizhia to Tel Aviv and back on a regular basis (three times a week) from October 1, 2019.
Earlier, on July 26, the State Aviation Service from 00:00 (UTC) on July 27, 2019 suspended the certificate of an operator of the cargo airline Europa Air LLC (Kyiv, No. UK 046).

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CHINESE HUAWEI TO BUILD 4G NETWORK IN KYIV METROPOLITEN

The Big Three mobile operators (Kyivstar, Vodafone Ukraine and lifecell) have declared the Ukrainian subsidiary of the Chinese company Huawei the winner of the tender to find a contractor for the construction of a 4G network in Kyiv Metropoliten. “The contractor has been defined, it is Huawei. And we are awaiting the start of construction. The works are funded by the three mobile operators,” Kyivstar’s press service told Interfax-Ukraine.
At the same time, the press services of the operators refused to name the cost of work.
In October 2018, the Big Three operators began an independent tender for the supply of equipment and technical work on the transition to the 4G standard in the Kyiv subway.

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ARCELORMITTAL KRYVYI RIH CONDUCTS PRESS CONFERENCE IN KYIV

On Tuesday, July 23, at 16.00, the press center of the Interfax-Ukraine news agency will host a press conference entitled “ArcelorMittal Kryvyi Rih on Radiation Measurements and SBU’s version.” Participants include: Acting Chief Executive Officer of PJSC ArcelorMittal Kryvyi Rih Aleksandr Ivanov and General Legal Counsel of PJSC ArcelorMittal Kryvyi Rih Artyom Filipyev (8/5a Reitarska Street). Journalists must be accredited by phone: +38 067 639 8495.

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NORDIC ENVIRONMENT FINANCE CORPORATION TO GIVE EUR 4.35 MLN TO NORWAY’S NORSK SOLAR FOR CONSTRUCTION OF SOLAR PLANT NEAR KYIV

The Nordic Environment Finance Corporation (NEFCO) will lend EUR 4.35 million to Norway’s Norsk Solar for the construction of a 9 MW solar power plant near the town of Brovary in Kyiv region. According to NEFCO’s press service, Norsk Solar itself will allocate another EUR 4.35 million for the construction of the plant.
“We are happy to be able to join forces with NEFCO to construct this solar power plant in Ukraine. We estimate that it will provide more than 5,000 households with renewable energy over the next few decades,” NEFCO’s press service quoted CEO at Norsk Solar AS Oyvind Vesterdal as saying.
The solar plant is located in the village of Semypolky and will be built on a total land area of 12.6 hectares. The plant is to be commissioned at the end of 2019.
The project owner and majority equity contributor, Norsk Solar AS, is part of the Norsk Vind group.
Norsk Solar is owned by Norwegian Lars Helge Helvig.
As reported, at the end of January, Norsk Solar and the Ukrainian engineering company Pro-Energy, which is owned by Ruslan Delidon and Dmytro Osypov, signed an agreement on the construction of a solar power plant in Kyiv region.

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GGF WILL ISSUE EUR 9 MLN TO NORWEGIAN SCATEC SOLAR FOR BUILDING SOLAR PLANT NEAR KYIV

The Green for Growth Fund (GGF) will provide the Norwegian company Scatec Solar, represented by Scatec Solar ASA, with a loan of EUR 9 million for the construction of a 45 MW solar power plant near Bohuslav (Kyiv region).
According to a press release from GGF, this year this is the second major investment by the Norwegian company in the renewable energy fund in Ukraine. The first one was the project of the 250 MW wind farm Syvash (Kherson region).
In general, the fund’s investments in Ukraine amount to almost EUR63 million. This project will contribute to the country’s strategy to increase the share of renewable energy in its total supply to 25% by 2035, the fund said in a press release.
The Green for Growth Fund finances renewable energy projects aimed at reducing carbon dioxide emissions in 19 countries of South-Eastern Europe, the Caucasus, Ukraine, Moldova, the Middle East and North Africa.

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NINE-STOREY BUSINESS CENTER UNDER THE SPACES BRAND TO OPEN IN KYIV

British-based IWG Plc, which provides rental services for office space and temporary workplaces, plans to open a nine-storey office space under the Spaces brand in the Maidan Plaza business center (Kyiv). “In 2019, the first center of the global network of creative space for work Spaces will open in Kyiv. The Maidan Plaza business center was chosen as the location. The space of 6,100 square meters for 600 workplaces will occupy nine floors at once. The official opening of the first stage of the premises is scheduled for August,” according to a press release from Spaces in Ukraine.
According to the report, one of the key components of the Spaces concept are also regular events – both business and lifestyle. The goal is not only to provide new opportunities for development, but also inspire the creation of ideas, encourage the use of non-standard approaches in solving daily operational problems, and promote networking.
The Spaces brand was founded in 2006 and is managed by IWG. The Spaces premises are located in 39 countries of the world (including the Netherlands, the United States and Australia) and 150 locations. The format of Spaces offices is designed to promote the active development of business – from entrepreneurs and startups to major corporations.

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