Business news from Ukraine

HUTCHISON PORTS REGISTERS SUBSIDIARY TO WORK IN ODESA

Hutchison Ports (the parent holding is CK Hutchison Holdings) has registered subsidiary Hutchison Ports Ukraine (Odesa) for work in Ukraine. According to the single state register of legal entities, individual entrepreneurs and public associations, the charter capital of Hutchison Ports Ukraine is UAH 700,000, of which UAH 7,000 were contributed by Hutchison Ports Netherlander, UAH 693,000 by Hutchison Ports Turkey.
The company will deal with the transport processing of goods (the core business), as well as provide auxiliary services for water transport and carry out other supporting activities in the field of transport. Yevhenia Chirikova has been appointed head of the company since July 18, 2018. The company was registered on July 18 of this year.
As reported, in December 2017 the Infrastructure Ministry commission approved the application of Hutchison Ports to rent the territory of Chornomorsk port (Odesa region) in the area of berths Nos. 1-6.

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ATLASJET UKRAINE TO START FLIGHTS FROM ODESA TO ISTANBUL

Atlasjet Ukraine (the AtlasGlobal brand) will begin flights from Odesa International Airport on the route Istanbul-Odesa-Istanbul from November 1, the airport press service has reported.
Such a decision is dictated by operational reasons, the company told Interfax-Ukraine.
“The company continues to work, but in the summer season it will carry out only the charter program,” the source added.
At the first stage, flights will be operated four times a week on Mondays, Thursdays, Fridays and Sundays. The journey takes one hour and 40 minutes.
All flights will be operated by Airbus 320 aircraft with eight business class seats and 156 economy class seats.
As reported, on April 24 Atlasjet Ukraine suspended the scheduled flights to Istanbul from Ukrainian cities.
Atlasjet Ukraine was registered in Ukraine on September 13, 2013, and on April 2, 2014 it received a license from the State Aviation Service of Ukraine to carry out regular passenger flights.
The company carried out regular flights, in particular, from Lviv, Kharkiv and Zaporizhia to Istanbul from September 2015. It uses the AtlasGlobal trademark for provision of services in Ukraine.

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ODESA PORT-SIDE PLANT ANNOUNCES TENDER TO SELECT PARTNER FOR TOLLING PRODUCTS

Public joint-stock company Odesa Port-Side Plant until July 12, 2018 accept applications for selecting a new partner for processing gas into mineral fertilizers on a tolling basis. “We invite interested companies to send their bids, meeting the mandatory conditions regarding the processing of tolling natural gas at the plant until 16:00 Kyiv time on July 12, 2018,” the enterprise said on its website.
First Deputy Director Mykola Schurikov said that if it is necessary to conduct preliminary negotiations, it is possible to organize working meetings with the management of the enterprise.
As reported, All-Ukrainian Energy Company won a tender to use the facilities of Odesa Port-Side Plant for processing gas into mineral fertilizers on a tolling basis in December 2017.
However, on April 30, 2018, the plant was stopped, as the company violated the contract with Ukrtransgaz.
Schurikov said that the plant in two months of cooperation with All-Ukrainian Energy Company received over UAH 140 million and saw no losses.
Odesa Port-Side Plant refers to work on a tolling basis as the only possible option for resuming its operation in the conditions of a failure of privatization attempts and accumulated debt for gas to Naftogaz Ukrainy, which exceed UAH 1.5 billion.
The State Property Fund this week announced a tender to select an adviser for another attempt to privatize the plant and solve the problem of its debts to Naftogaz and Ostchem belonged to Dmytro Firtash. The adviser is given up to six months to find a way out of the situation.

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HIGH-SPEED RAIL TRAFFIC TO 250 KM/H BETWEEN KYIV, ODESA AND LVIV WILL COST $16 BLN

PJSC Ukrzaliznytsia estimates the cost of implementing high-speed rail service of up to 250 km/h between Kyiv, Odesa and Lviv via Vinnytsia at $16 billion, the director for strategic development and investment policy at Ukrzaliznytsia, Anton Sabolevsky, has told Interfax-Ukraine. “Within the framework of the working group on the introduction of high-speed rail traffic, we estimated how much the construction of infrastructure for organization of high-speed communication between Kyiv, Odesa and Lviv via Vinnytsia could cost in principle. To build this infrastructure, about $16 billion is needed, taking into account the acquisition of appropriate rolling stock, its service centers and management,” he said.
At the same time, he noted Ukrzaliznytsia has not calculated the cost of high-speed communication between all the regional centers of Ukraine, since the implementation of such a project goes beyond the long-term planning and can be carried out exclusively in stages.
According to him, the work on implementing the infrastructure project for organization of high-speed rail service along the Kyiv-Kharkiv route could take at least ten years.

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UKRAINIAN SEA PORT AUTHORITY ANNOUNCES TENDER TO CONDUCT DREDGING WORKS AT ODESA SEAPORT

The Ukrainian Sea Port Authority has announced an open tender to select a contractor to conduct dredging works in the internal water area of Odesa Maritime Merchandise Port, the authority has said in a report. It is planned that dredging will be conducted in 2018-2019. Over 91,000 cubic meters of soil is to be removed. The expect cost of works is UAH 19.03 million. “We conducted dredging works at Odesa seaport last year using own fleet, and this year we will attract a contractor, as the authority’s fleet is used at other sections, in particular, works in Danube and Azov regions,” Ukrainian Sea Port Authority Head Ravis Veckagans said.
Bids can be submitted both by Ukrainian and international companies before June 4, 2018.

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ODREX MEDICAL HOUSE OPENS INNOVATIVE HEART CLINIC IN UKRAINE, ODESA

The Odrex medical house (Odesa) under an agreement on supply of comprehensive solutions in the healthcare sphere with the largest global company designing medical technologies Medtronic has opened the Odrex heart clinic. “Today we are opening the first private heart clinic in Ukraine, which is a significant event for the Odrex medical house and, we think, for the whole medicine [in Ukraine]. We attach great hopes to this project,” Odrex Executive Director Tigran Harutyunyan said during the opening of the medical institution on Thursday, April 12.
In turn, Medtronic Director for Emerging East Stefan Linder said, commenting on his discovery, that the main goal of the partnership agreement between Odrex and Medtronic, within which the clinic received innovative equipment, was to expand access to high-quality therapies and to improve the quality of medical services.
The hospital has two X-ray operating rooms and one operating room for open heart interventions.
Among the equipment presented in the clinic is the first in Ukraine and the seventh in the world apparatus of artificial circulation, developed by NASA engineers (provided by Medtronic), the first cryoablator in the country, providing low-temperature elimination of atrial fibrillation, a device for 4D-ultrasound examination of the heart in real time, allowing substantial reduce the time to establish an accurate diagnosis of the patient, as well as a device of flowmetry, which reveals the passability of the operated vessel during the operation, which is considerably reduces the risk of postoperative complications, Chief Doctor of the Heart Clinic Denys Sebov said.
At the same time, he said that at present a part of the equipment is being certified and all other relevant procedures necessary for its importation into Ukraine.
In the clinic, a technique for testing the quality of aortocoronary cardiosurgical operations has been introduced.
Sebov said that among the innovations for Ukraine in the Heart Clinic is a special team of doctors – the heart team: a cardiologist, a cardio-surgeon and an interventional cardiologist. This allows you to carefully approach the choice of the optimal method of treatment, as well as, if necessary, to resort to hybrid methods.
“We hope that we will be able to reduce the level of 15-20% in-hospital mortality compared with the average Ukrainian indicators, which, respectively, reduce the mortality from cardiovascular diseases in the region. We expect a reduction in mortality of 10-15%,” Sebov said.
In turn, Deputy Health Minister Pavlo Kovtoniuk expressed the hope that the reform of the system of financing healthcare services from the state budget in time would allow paying for healthcare services using the budget also in these private specialized medical institutions.
In addition, at present Odrex created its own insurance company, as well as an ambulance service, which will begin work in June.
In general, the capacity of the center allows serving about 4,500 patients per year. An increase in the number of interventions to this level is planned by 2023. The first surgery will be performed at the clinic on April 26.
In 2018, the clinic plans to serve about 1,000 patients.

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