Business news from Ukraine

LVIV IT CLUSTER LAUNCHES REGIONAL INVESTMENT FUND

Lviv IT Cluster, a community of the largest IT companies, will present the first regional investment fund Lviv Tech Angels in support of start-ups in Lviv on June 28.
The goal of the new investment project is to give an incentive for the development of IT business in Lviv and Ukraine, create favorable conditions for growth of companies, and build a strong start-up culture in Ukraine, Lviv IT Cluster said on its website.
“The club of investors will bring together top managers of Lviv IT companies who would select the best Ukrainian start-ups for investment, mentoring, and consulting. Intellias co-founder and СОО Mykhailo Puzrakov, Sigma Software co-founder Volodymyr Chyrva, and N-iX CEO Andriy Pavlov are the initiators of the projects,” reads the statement.
As reported, Canada’s Brookfield & Partners headed a consortium of investors who joined a project to build the first stage of Innovation District IT Park in Lviv with gross area of 10 ha. The cost of the project is $160 million.
The IT Park will occupy 10 hectares between Stryiska, Chmoly, Luhanska and Kozelnytska Streets in Lviv. The construction of the first stage of the IT Park will last about 2.5 years, which will cover about 90% of the entire project, and the first round of investment will reach $95 million. The second stage of the IT Park provides for the construction of business centers and will last about five or six years.
Six eight-storey Class A office buildings, three business centers, a hotel (5,700 square meters, 150-200 rooms), a kindergarten (2,000 square meters), a university (6,000 square meters), a health club, and a parking lot for 3,167 cars are to be built under the project.
Lviv IT Cluster plans to open modern IT labs there that will be available to IT students of all Lviv-based universities.
Lviv IT Cluster is a community of IT companies in Lviv.

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LVIV INTERNATIONAL AIRPORT RELAUNCHES ONE MORE TERMINAL

The Danylo Halytsky Lviv international airport from June 24, 2019 transferred the servicing of Kyiv (Zhuliany)-Lviv flights Nos. MSI263/MSI265 of Motor Sich airline to the old terminal, the airport has reported on its website. The entrance from the apron will be made through the doors adjacent to the VIP room in the left wing of the building. “We had long planned to use it [the old terminal] for its intended purpose. And now it is very useful for us to facilitate the work during peak periods, maintenance of charter (we will begin in two or three weeks) and special flights operated by small business aircraft,” Director General of the airport Tetiana Romanovska, who is quoted in the report, said.
She thanked the Motor Sich airline, which was the first to agree to service flights on arrival at the premises of the old terminal, which was empty for a long time.
Now the old airport terminal is used for special and VIP flights. At the same time, it will be re-equipped for work with domestic transportation. It will also be attracted to work with charter flights. It will begin in two or three weeks.
The decision to use the premises of the old terminal was made due to the overload of the arrival zone of the new terminal during the peak passenger traffic, which lasts almost every day from 11 am to 5 pm during the summer season.
“At the moment, new Terminal A has only two tapes for baggage claim: one for international and one for domestic flights. Thus, by moving part of the passenger traffic to the old terminal, both of them will be able to be used for servicing the international flights,” the airport said.
In addition, the Lviv airport began work on the launch of another baggage tape and an increase in the length of the two existing ones in the new terminal. Developments are at the design stage and the creation of technical tasks.

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LVIV AIRPORT RAISES PASSENGER TRAFFIC BY 50%

Passenger traffic at Lviv International Airport amounted to 197,700 people in May 2019, which is 49.4% more than in the same period of 2018, the airport said on Facebook.
The number of serviced flights last month increased by 32.1%, to 1,739. Some 1,506 passengers were transported on international flights (up by 36.7%), while 233,000 people (a growth of 8.9%) on domestic flights.
In January-May 2019, some 722,300 passengers travelled through the airport, which is 51.2% more than in the same period of 2018.
The number of flights in January-May reached 6,820, which is 28.9% more than in January-May last year.
As reported, in 2018 the airport increased passenger traffic by 48% compared with 2017, to 1.598 million people.

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UKRAINIAN AIRLINE JONIKA LAUNCHES DIRECT FLIGHTS FROM LVIV TO ATHENS

Ukrainian airline Jonika (Kyiv) from July 21, 2019 will start flying from Lviv (the Lviv international airport) to Athens (Greece, the Eleftherios Venizelos airport).
The press service of the Lviv airport said on its Facebook page that the flights will be performed on Sundays every week. The departure from Lviv is at 16:10, and arrival in Athens – at 19:00. The departure from Athens is at 13:00 and arrival in Lviv – at 15:30 (Kyiv time).
According to the booking system on the airline’s website, the cost of the one-way ticket starts from UAH 4,000. The flights will be serviced until September 15.
The company’s fleet consists of two Boeing 737 aircraft. The airline already operates regular flights from Kyiv (Zhuliany) airport to Greece and charter flights to Turkey, Montenegro, Albania and Bulgaria.
Jonika Airline was registered in 2016.

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CONSTRUCTION OF HILTON HOTEL IN LVIV APPROVED

The Hilton Hotel will be built on the site where a museum in the Bohdan Khmelnytsky Park of Lviv that was closed, Lviv Mayor Andriy Sadovy said at a meeting of the executive committee of Lviv City Council.
“We have made a decision: in Lviv, they want to build a hotel, it seems, Hilton. There should be half of the building – a classic hotel, half of the building – an apartment hotel. This should be a building of high architectural level – a work of art,” Sadovy said.
According to him, the developer agreed to finance the reconstruction of the Bohdan Khmelnytsky Park.
According to the text of the decision of September 20, 2018, the Lviv City Council approved the sale of a land parcel of 1.06 hectares located at 1, Lyzhvyarska Street in Lviv to Aparthotel LLC for UAH 18.52 million.
According to town planning conditions, the height of the building should not exceed 34 m. The building area is approximately 1,600 square meters. The total area of apartments is 8,300 square meters, or 157 apartments. The infrastructure of the facility will also include an underground parking area of 1,400 square meters.

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LVIV INTERNATIONAL AIRPORT INCREASES PASSENGER TRAFFIC BY 59% IN MARCH

Lviv International Airport in March 2019 increased passenger traffic by 59.2% compared to March 2018, to 133,900 people, according to the official page of the airport on Facebook. At the same time, the number of serviced flights last month increased by 31.3%, to 1,292. Some 119,100 passengers were transported on international flights (a growth by 70.4%), and 14,800 people on domestic flights (an increase by 4.2%).
In the first quarter of 2019, some 369,400 passengers (328,800 on international and 40,600 on domestic flights) travelled through the airport, which is 53.5% more than in the same period of 2018.
The number of flights in January-March reached 3,606 (3,053 international and 553 domestic), which is 26.7% more than in January-March last year.
As reported, in 2018 passenger traffic rose by 48% compared with 2017, to 1.598 million people.

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