Business news from Ukraine

HUNGARIAN LOW COSTER WIZZ AIR OPENS BASE IN LVIV

The Hungarian low cost airline Wizz Air has opened the second base in Ukraine at Lviv International Airport.
According to the press service of the Infrastructure Ministry of Ukraine, in July the company will operate five new flights from western Ukraine, in particular, from Lviv to Billund (Denmark), Tallinn (Estonia), Lisbon (Portugal), Hamburg (Germany), and Szczecin (Poland).
Wizz Air also plans to expand its route network by opening flights from Kharkiv to Tallinn and Berlin.
“The Ukrainian aviation industry needs to be restored as soon as possible for a further stable functioning and growth. Therefore, it is very pleasant that both Ukrainian and leading international airlines do not lose optimism during the coronavirus crisis, but rather seek new opportunities for development, opening up new popular directions. Wizz Air is a leading low cost company, which was one of the first to enter the Ukrainian market back in 2008,” Minister of Infrastructure Vladyslav Krykliy said.
It is expected that the opening of a new Wizz Air base will bring Lviv more than $100 million investment in 2020 and create more than 30 jobs.
“We are convinced that investments in opening the base and new routes will stimulate the development of the local economy, aviation and tourism,” Andras Sebok, the chief supply chain officer at Wizz Air, said.
The director general of Lviv Airport, Tetiana Romanovska, in turn, noted that 17 directions to different cities of Europe have already been opened from the airport.

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HUNGARIAN WIZZ AIR TO OPEN BASE AT LVIV AIRPORT IN UKRAINE

The Hungarian low-cost airline Wizz Air on July 1, 2020 will open a new base at the Lviv International Airport, where it will place one Airbus A320 aircraft.
“It will become the second airline’s base in Ukraine. In addition, Wizz Air announces the opening of seven new routes to Billund (Denmark), Tallinn (Estonia), Lisbon (Portugal), Hamburg (Germany), Szczecin (Poland) from Lviv, and also from Kharkiv to Tallinn and Berlin (Germany),” the airline said on Wednesday.

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LVIV INTERNATIONAL AIRPORT LAUNCHES FREIGHT TRANSPORT PROGRAM

The Lviv International Airport has launched the international freight transport program, the airport has said on its official Facebook page.
The first Lviv–Riga–Lviv flight was serviced on April 3, 2020.
“The cargo of the Ukrposhta company is transported by An-26 aircraft with the registration code UR-CSK of the Ukrainian transport airline Eleron,” the airport said in a statement.
The airport also said that freight transportation is a separate area of the enterprise.
“Last year, cargo was transported on the Kyiv-Lviv-Kyiv, Lviv-Dniptro-Lviv lines. It is time to expand horizons. Soon we are waiting for even more new international destinations,” the Lviv international airport said in the statement.

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INTERNATIONAL FINANCE CORPORATION COULD ISSUE EUR32 MLN TO LVIV TO BUY TROLLEYBUSES

The International Finance Corporation (IFC) from the World Bank Group could issue EUR 32 million to Lvivelektrotrans municipal company for the purchase of 100 trolleybuses and reconstruction of contact networks.
According to the IFC’s website, the board of directors of the financial corporation intends to consider the relevant issue on April 30.
According to the report, in addition, within the framework of the Cities of Ukraine program, the IFC provides advisory support to Lviv on the issue of modernizing the city’s public transport system.
The report notes that at present public transport in Lviv is provided by two municipal operators: ATP-1, which operates about 200 buses daily, and Lvivelektrotrans (about 80 trams and 65 trolleybuses daily).
There are also four private operators that operate about 250 buses, most of which are small-capacity diesel buses (also known as minibuses). About 60% of passengers are transported by buses, 25% by trams and 15% by trolleybuses, the financial corporation said.
After the commissioning of new trolleybuses, it will be possible to modernize the overall system and optimize the public transport network.

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LVIV INTERNATIONAL AIRPORT SEES 28.6% RISE IN PASSENGER FLOW

The passenger flow of the Lviv International Airport totaled 163,400 people in January 2020, which is 28.6% more than in January 2019.
The airport’s press service said on its Facebook, in particular, 143,400 people were transported on international flights, and 20,000 people on domestic flights.
The number of flights was 1,347 (1,134 international and 213 domestic), which is 6% more than in January 2019.
As reported, the passenger flow of the Lviv International Airport in 2019 amounted to 2.217 million people, which is 38.8% more than in 2018.

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ONUR GROUP TO BUILD MULTIFUNCTIONAL EXHIBITION CENTER IN LVIV

Turkey’s Onur group, engaged in construction and repair of roads and buildings, plans to build a multifunctional exhibition center with a hotel and business centers in Lviv. “We plan to build a complex in Ukraine with a hotel, a multifunctional exhibition center for 3,000 people, and several IT business centers. We want to place all this in one place on a good location in Lviv,” the head of the representative office and general coordinator of Onur Group, Emre Karaahmetoglu, said in an interview with Newsweek in the framework of the Ukrainian promo for the World Economic Forum.
He also mentioned the company’s plans to invest in the Ukrainian tourism sector.
According to the decree of Lviv City Council of September 19, 2019, a joint venture was established between the Agency for Resources of Lviv City Council and Onur Construction International LLC – Synergy Alliance LLC, and a land plot of 4.82 hectares worth UAH 105.9 million in Shyretska-Riashevska Street was transferred to it.
Zaxid.net reported, with reference to Onur’s investment analyst Olena Chepurnova, construction work will begin in 2020. Construction will take about two years, the cost of the project is $70 million.
Onur Construction International LLC (Kyiv) was founded in 2004.

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