Business news from Ukraine

SKYUP TO OPERATE TWO FLIGHTS KYIV-TASHKENT-KYIV

SkyUp (Kyiv) will operate two nonscheduled flights on the Kyiv- Tashkent (Uzbekistan)-Kyiv route on October 15 and October 29, 2020.
The airline’s press service said on Friday that tickets are available for a price of UAH 8,400 one way. People can buy them on the official website of the company in the All Flights – Special Flights section.
The airline said that from October 1, 2020, to enter Uzbekistan, it is necessary to have a negative PCR test done no later than 72 hours before arrival in the country.

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WINDROSE LAUNCHES FLIGHTS FROM KYIV TO LJUBLJANA

Windrose Airlines (Kyiv) will start operating flights on the Kyiv-Ljubljana route from Boryspil International Airport (Kyiv region) from October 24.
The flights will be operated twice a week on board Embraer-145 and ATR72-600 aircraft, the company’s press service said.
In addition, Windrose offers transit to Ljubljana from Lviv, Kharkiv, Dnipro and Odesa.
The company notes that from October 1, Ukrainians can cross the border with Slovenia without observing a ten-day self-isolation period if there is a negative PCR test for COVID-19, made no earlier than 48 hours.
Windrose was founded in 2003. In 2007, it received an operator certificate and began to perform regular and charter flights under the Windrose Airlines brand.
In 2019, Windrose carried 1.4 million passengers with an average of 28 daily flights.

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SKYUP LAUNCHES FLIGHTS FROM KYIV TO KAYSERI (TURKEY)

SkyUp Airlines (Kyiv) will launch flights from Kyiv to Kayseri (Turkey) from December 27, 2020.
The airline’s press service said on Thursday that the flights will be operated twice a week: on Thursdays and Sundays.
The round-trip will cost at least UAH 5,400 without luggage. The duration of the trip is any of the passenger’s choice.
As reported, SkyUp will launch the Kyiv-Sofia (Bulgaria)-Kyiv flight for the period from December 23, 2020 to January 30, 2021.

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UKRAINE INTERNATIONAL AIRLINES TO START OPERATING KYIV-NEW YORK FLIGHTS IN SPRING 2021

Ukraine International Airlines (UIA, Kyiv) has postponed the launch of Kyiv-New York flights to the end of the low winter season 2020-2021.
“This decision is due to objective circumstances. Long-haul flights is planned in advance. All current changes in the market and forecast of their impact on the future are taken into account,” the airline’s press service said on Friday.
UIA said that the revision of Ukraine’s GDP recovery in 2020 and 2021 due to the negative impact of the pandemic on the country’s economy; deterioration of the epidemiological situation in Eastern European countries, Israel; as well as a significant deterioration of the political situation in the Caucasus, which led to the cancellation of flights to Yerevan, Baku, Tbilisi, which were supposed to provide a transit flow through Kyiv to the United States, negatively affected the forecasts for the launch of flights to New York.
“The combination of these factors, leading to a decrease in both direct traffic from Ukraine to New York and transit traffic to the United States, became the reason for revising the feasibility of restoring a direct Kyiv-New York flight in 2020,” the airline said.
UIA said that they continue planning flights based solely on object.

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U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION TO PROVIDE $27 MLN FOR BUILDING HOTEL IN KYIV

The Board of Directors of the U.S. International Development Finance Corporation (DFC) has approved the allocation of $27 million for building Sheraton Hotel in Kyiv.
“A $27 million loan will support the construction and operation of a Sheraton hotel in Kyiv, Ukraine that will create jobs, build local supply chains, and encourage trade, investment, and economic growth,” DFC said in a press release.
The construction of the five-star Sheraton Kyiv Olympiysky hotel in the territory of the Olympiysky Stadium is being carried out by Construction Investment Company TM, which signed a hotel management agreement with the hotel operator Marriott Hotels & Resort.
According to the company’s website, Sheraton Kyiv Olympiysky is a 14-storey building with 196 rooms, 178 of which are standard rooms and deluxe rooms, 15 luxury rooms, two rooms for people with disabilities and one presidential room. The infrastructure includes an underground parking for 144 cars.
Construction Investment Company TM was founded in 2004, its core business is construction of residential and non-residential buildings.

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GERMAN COMPANY REISSWOLF OPENS REPRESENTATIVE OFFICE IN KYIV

The German company Reisswolf, which provides services for storing and destroying information, has opened its representative office Reisswolf Ukraine in Kyiv.
According to a report of the company released on Tuesday, the capacity of the first archival storage located in Kyiv is 200,000 archive boxes or about 3,000 tonnes of paper.
In addition to offsite storage, Reisswolf Ukraine will provide archival processing, digitization, electronic archiving and confidential destruction of documents.
“The security of document storage is achieved by three-level protection and depersonalization of boxes, when identification occurs exclusively by bar codes. Digitized documents are stored on servers located in the EU,” the company said.
According to Director of Reisswolf Ukraine Serhiy Aloni, there are already operators of archival storage on the Ukrainian market.
“Reisswolf Ukraine sees its role in making storage, digitization and other procedures with business documents familiar to companies of any level, including sole proprietorship,” he said.
The company estimates the volume of the Ukrainian archive storage market at 2 million boxes per year, noting that today only 10% of Ukrainian companies use archive storage services, while in Europe this figure reaches 65-70%.
“In the next five years, Reisswolf plans to expand its presence in other large cities of Ukraine – Kharkiv, Odesa, Lviv, and Dnipro,” the company said.

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