Business news from Ukraine

UFUTURE OF BUSINESSMAN VASYL KHMELNYTSKY PLANS TO LAUNCH INNOVATION PARK IN LVIV

The UFuture Investment Group of businessman Vasyl Khmelnytsky, which portfolio includes UNIT.City innovation park in Kyiv, plans to launch the first phase of LvivTech.City at the end of 2019, the founder of UFuture Investment Group Vasyl Khmelnytsky has said in a blitz interview with Interfax-Ukraine. “We are planning to open LvivTech.City Innovation Park at the end of 2019… We can say that the first Lviv campus will combine office and commercial sections (cafes and restaurants). The office space will be 9,500 square meters, commercial – 3,000 square meters. It will also be built according to the standards of “green” construction,” Khmelnytsky said.
According to him, the company has not yet attracted partners and loan financing for this project and it is building the space at its own expense. “The park has residents, but we do not sign the contracts until we reach the final stage of construction,” the businessman said.
In addition, the company intends to open an educational space in Kharkiv this year. “This year we will launch an institute and a co-working space in Kharkiv. There is already a modern building with an area of 12,000 square meters, in which they will occupy about a quarter… This is the initial stage. The park will expand with the growth of the market,” Khmelnytsky said.
As reported, LvivTech.City will be located on a land parcel of 1.77 ha on the territory of the industrial zone of former Lvivprylad plant. The project would allow creating new jobs and open the territory of the closed enterprise for society.
It is planned that the gross area of the office sector of the LvivTech.City will be over 40,000 square meters. The park would have parking zones, green zone and territories for recreation. In addition, the project will be implemented meeting the LEED green building standards. The completion of the first stage of the LvivTech.City earlier was scheduled for H2 2018.
UFuture and Kharkiv Polytechnic Institute will build and open in Kharkiv the Innovations Campus educational space worth more than UAH 60 million. Earlier it was planned that the campus will start operating at the end of 2018. The training will be based on an innovative educational program, which was developed by UNIT Factory specialists in cooperation with Kharkiv Polytechnic Institute and other Ukrainian higher educational establishments.
In addition, the Small and Medium Entrepreneurship School will continue its work at the campus, whereas modern co-working will open the possibility for start-ups and creative young professionals to get jobs, qualified professional business support, security, access to knowledge.
The organizers also plan to attract investments from the state, enterprises and local business to finance this social and educational project.
UFuture Investment Group, headquartered in Brussels, was established in autumn 2017 and united the business projects of Khmelnytsky. The group includes the Ukrainian development company UDP, whose specialization is the implementation of large infrastructure projects. In addition, the conglomerate united businesses in such areas as UDP Renewables, the Bila Tserkva industrial park, the innovation parks UNIT.City, and LvivTech.City.

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LVIV INTERNATIONAL AIRPORT PLANS TO BOOST PASSENGER TRAFFIC BY 38% IN 2019

Lviv International Airport named after Danylo Halytsky plans to boost passenger traffic by 37.7%, or 600,000 people in 2019 compared to 2018, to 2.2 million people, the airport’s general director Tetiana Romanovska said at a press conference in Kyiv on Tuesday.
She said the airport was negotiating the launch of new flights with Europe’s largest low-cost airlines, Asian airlines and Ukraine’s largest airline, Ukraine International Airlines (UIA).
In connection with the expected increase in passenger traffic, Lviv Airport is planning to launch the old terminal complex to ensure additional working capacity.
In addition, the existing passenger terminal is to be renovated in 2019, in particular, external engineering networks will be built. The project is estimated at UAH 62.06 million. The reconstruction of the airfield (UAH 157.99 million) and the construction of a new terminal (UAH 67 million) are also planned.
As reported, Lviv International Airport named after Danylo Halytsky in 2018 increased passenger traffic by 48% from 2017, to 1.598 million people.
The airport is located 6 km south of the city center.
The new terminal building, built for Euro 2012, was commissioned on April 12, 2012. The new terminal with a total area of 39,000 square meters has nine gates, 28 check-in counters, two self-service check-in kiosks, 18 passport control points and 12 airport security points.
The main routes handled by the airport are: Warsaw (Poland), Istanbul (Turkey), Munich (Germany), Vienna (Austria), Baku (Azerbaijan), Thessaloniki (Greece), Madrid (Spain), Rome (Italy), Tel Aviv (Israel), Bologna (Italy), Radom (Poland), Heraklion (Greece), Minsk (Belarus), and Burgas (Bulgaria).

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LVIV INTERNATIONAL AIRPORT INCREASES PASSENGER TRAFFIC BY 48%

Lviv International Airport in 2018 increased passenger traffic by 48% compared with 2017, to 1.598 million people, according to the airport’s official page on Facebook. The number of serviced flights in 2018 rose by 29%, to 15.429. Some 1.39 million passengers were transported on international flights, and 207,300 people on domestic flights.
The airport in December 2018 carried 129,600 passengers (113,800 on international flights and 15,800 on domestic flights), which is 58% more than in December 2017.
The number of flights made in December reached 1,282 (1,067 international, 215 domestic), which is 34% more than in December last year.
As reported, Lviv airport in January-October 2018 increased passenger traffic by 46.3%, to 1.343 million people.
Lviv International Airport is located 6 km south of the city center.

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LVIV AIRPORT SEES 47% RISE IN PASSENGER FLOW

The Lviv International Danylo Halytsky Airport in January-November 2018 increased passenger flow by 47.1% year-over-year, to 1.468 million people, the airport has reported on its official Facebook page.
At the same time, the number of flights in January-November 2018 increased 28.3%, to 14,148 (11,000 a year ago).
According to the results of the airport in November 2018, 124,900 passengers (109,100 international and 15,800 domestic) took advantage of the air traffic, which is 57.1% more than in November 2017 (79,500).
The number of flights serviced in November reached 1,235 (1,035 international and 200 domestic), which is 31.4% more than in November last year (940).
As reported, the Lviv airport in January-October 2018 increased passenger traffic by 46.3%, to 1.343 million people.
Lviv International Danylo Halytsky Airport is located 6 km south from the city center.
The main international routes serviced by the airport are Warsaw, Istanbul, Munich, Vienna, Baku, Thessaloniki, Madrid, Rome, Tel Aviv, Bologna, Radom, Iraklion, Minsk, and Burgas.

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LVIV AIRPORT HAS 46% RISE IN PASSENGER TRAFFIC

The Lviv international airport in January-October 2018 saw a 46.3% rise in passenger traffic, to 1.343 million people, the airport has reported on its official Facebook page.
According to the airport, in October 2018, 138,500 passengers took advantage of air transportation (119,900 international, and 18,600 domestic), which is 43.4% more than in October 2017 (96,600).
The number of flights made in October reached 1,355 (1,117 international, and 238 domestic), which is 28% more than in October last year (1,101).
The number of flights in January-October increased 28%, to 12,900 from 10,100.
The new terminal complex of the Lviv airport, built for Euro 2012, was put into operation on April 12, 2012. The new terminal with a total area of 39,000 square meters has nine boarding gates, 28 check-in desks, two self-registration kiosks, 18 passport control points and 12 points for aviation security.
The main international routes served by the airport are: Warsaw, Istanbul, Munich, Vienna, Baku, Thessaloniki, Madrid, Rome, Tel Aviv, Bologna, Radom, Iraklion, Minsk and Burgas.

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LATVIA’S AIRBALTIC TO LAUNCH FLIGHT FROM LVIV TO RIGA

Latvia’s airBaltic will launch direct regular flights on the Riga-Lviv-Riga route from April 1, 2019.
Accordig to the booking system, airBaltic will operate flights between Riga and Lviv four times weekly: on Mondays, Wednesdays, Fridays and Saturdays from Riga and on Tuesdays, Thursdays, Satrudays and Sundays from Lviv.
The round trip ticket prices start from EUR 130.
airBaltic also flies to Kyiv and Odesa.
airBaltic connects the Baltic region with 70 destinations in Europe, the Middle East, and the CIS. The state of Latvia owns 80.05% of the airline, and Aircraft Leasing 1 holds 20%.

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