EconomyInvestments Thursday, April 8 This summer work starts on a $66 million program to upgrade Bila Tserkva airport into an international air cargo center, reported Interfax-Ukraine. Located 80 km southwest of Kyiv’s Ring Road, Bila Tservka is to win a multimodal cargo complex, a passenger terminal, hangars for an aircraft maintenance center, runway repa... #BilaTserkva #BilaTserkvaairport
Economy Thursday, April 8 The number of flights through Ukraine’s airspace in March was down 43% yoy, to 12,160, reported UkSATSE, the air traffic control agency. This is an improvement over the 58% drop registered in 2020 and the 56% drop registered in February. Looking ahead to summer travel to the ... #FlightsthroughUkraine #Ukraineairspace
Economy Thursday, April 8 Boryspil’s air cargo traffic dropped by 12% in the first quarter of 2021, the airport reported. Of the nearly 9,000 tons of cargo, 71% was inbound. Cargo for export dropped by 27%, to 2,560 tons. #aircargo #AirCargoBoryspil #AirCargoUkraine
Economy Thursday, April 8 Kyiv Boryspil, Ukraine’s busiest airport, handled one half the passengers in the first quarter of 2021 compared to January-March 2020, the airport reported. Of the 1.2 million passengers, 47.5% flew on charters, a big increase over last year. The top 5 destinations for all travelers in March alone were... #Boryspil #PassengerTraffic
Economy Thursday, April 8 Dnipro day trips from Kyiv — north to Chornobyl and south to Kaniv – will also be developed , said Infrastructure Minister, Vladyslav Krykliy, in a recent online forum dedicated to reviving river tourism in Ukraine. “The restoration of inland waterways is not only about increasing cargo traf... #RivertriptoChornobyl #ToChornobylbyriver #TriptoChornobyl
Economy Thursday, April 8 Commencing this week, five passenger boats will ply the Dnipro from Kherson, taking residents to their dachas and tourists on day trips through the river delta, reports the city transit agency, Khersonkommuntransservice. With a six-month season, river tourism is increasingly p... #DniproPassengertrips #dniproriver
Partners news Thursday, April 8 Construction of the Istanbul Canal is to start this summer, said Turkish President Recep Tayyip Erdogan reported Anadolu Agency. Erdogan promised to have the canal open in time for the October 29, 2023 Centennial of the proclamation of the Turkish Republic. Th... #Istanbulcanal #RecepTayyipErdoğan
EconomyInvestments Thursday, April 8 This summer, the Rada is to approve creating a fund to pay for the government’s multi-billion dollar plan to renovate the Dnipro locks — and to triple river cargo, to 30 million tons a year, Infrastructure Minister Krikliy said at a recent meeting the European Business Association. The State Fund for Inland Waterways is modeled on the three-year-old Ukrainian St... #Dniprocargo #DniproLocks #dniproriver
Economy Thursday, April 8 SMG’s Kherson shipyard is modernizing four dry cargo vessels for EemsWerken NV of the Netherlands. Last year, Smart Maritime Group, which unites Kherson and Mykolaiv shipyards, built hulls for two Dutch chemical tankers and modernized and repaired 55 vessels. #DryCargoVessels #KhersonShipyard #SMG #SMGKherson
EconomyInvestments Thursday, April 8 The company is building five river-sea patrol boats under contract with France’s OCEA, said the French Ambassador to Ukraine, Etienne de Poncins. The first of the aluminum, high speed boats is to be delivered by the end of 2021. The Nibulon contract is part of a 20-boat, €136 million de... #FrenchOCEA
Economy Thursday, April 8 Nibulon, the largest private shipper on Ukraine’s rivers, has launched its sixth NBL-91, or low draft barge. Drawing only four meters, the barge can carry down the Southern Bug loads of grain up to 3,000 tons. With six of these barges, Nibulon’s river fleet now numbers 85 vessels, most of them produced at th... #LowDraftBarge #nibulon #ShipBuilderUkraine
EconomyInvestments Thursday, April 8 The state-owned Ukrainian Danube Shipping Company is pursuing a $200 million ship investment program that would allow it to increase its capacity to carry 4 million tons of cargo on the Dnipro , a 40% increase over the river’s 2019 cargo level. In a first step, the parent agency, the Infrastructure Ministry, has endorsed the Danube Shipping’s plan to build 16 tugs and 31 barges for use on t... #DanubeShippingCompany #Dniprocargo #dniproriver
Economy Thursday, April 8 Shipping cargo from the Persian Gulf to Kyiv is this summer’s schedule for Kherson’s Argo Shipping , reported the Agrologistics website. With a fleet of nine sea-river ships, Argo already takes cargo from Zaporizhia to Greece, Italy and France. Last summer, its vessel MV Porada carried 2,000 tons o... #ArgoShipping #CargobyRiver #KhersonArgoShipping #PersianGulf
Economy Thursday, April 8 Dnipro River shipping traffic in the first quarter increased by 66%, over the first quarter of 2020, reported the Sea Ports Administration. Of the 1.8 million tons, the cargoes were: construction materials +79% to 1 million tons; grain + 33% to 587,000 tons; and metals... #cargoDnipro #dniproriver #Dniproshipping
Partners news Friday, April 9 With the EU closed to Ukrainian tourists, local beach and rural retreat hotels may enjoy another boom this summer. Vodafone has reported that analytics of cell phone users showed a 30% yoy increase last summer at Ukrainian beach resorts. On the Azov, one hamlet, Bilosarayska Kosa, about 20 kilometers west of Mariu... #TurisminUkraine #UkraineVacation
Partners newsReal Estate Friday, April 9 Ukraine’s real estate magnates were recently ranked by Forbes Ukraine. The top eight are: Viktor Polishchuk, owner of Gulliver and the Eldorado retail chain. $70 million Vagif Aliyev, developer of Blockbuster Mall, Lavina Mall, and Mandarin Plaza. $61 million Tomas Fiala, founder/CEO of Dr...
Real Estate Friday, April 9 Rents are softening during the April lockdown, with discounts up to 30% expected, said Yuri Pita, President of the Association of Realtors of Ukraine, (Interfax-Ukraine). Assuming the coronavirus pandemic ebbs in May, rents will stabilize. However, he adds: “In the face of accelera... #RealEstateUkraine #RentRatesUkraine
Real Estate Friday, April 9 Kyiv’s office vacancy rate doubled last year, to 11%, the highest level since 2014. In turn, rents fell by 10 to 20%, reported the Kyiv Post. Faced with uncertainty in the pandemic year, CBRE Ukraine said that developers offered only 125,000 square meter... #Kyiv’sofficevacancy #RealEstateUkraine
Real Estate Friday, April 9 Remote working will cause a 25% shrinkage of Kyiv’s ‘office footprint’ by 2024, predicted Sergiyenko of CBRE, (Kyiv Post). “In other words, if there are 2 million square meters in total supply — 400,000 to 500,000 square meters will be vacated,” he says. However, he cautions: “Offices are ... #OfficeVacancy #RealEstateVacancy #RemoteWorking
Real Estate Friday, April 9 Retailers from neighboring Poland and Turkey aggressively court Ukrainian consumers , introducing their brands and opening stores, said Konstantin Oliynyk, UTG (Interfax-Ukraine). Brands from Poland include: LPP, Sinsay, CROPP, House, MOHITO, Reserved. Turkish retail brands include: ... #RealEstate #RealEstateUkraine #UTG #UTGrealestate #UTGukraine