Partners news

Friday, January 4

Ukraine’s first “100% Nordic-funded solar project” Ukraine’s first “100% Nordic-funded solar project” is under construction in Berdychiv, Zhytomir region, about 180km west Kyiv. The 19 MW project is being funded by Denmark’s Better Energy A/S, the Dan...

Ireland’s Altostrata plans to build a €60 million, 62 MW solar power station Ireland’s Altostrata plans to build a €60 million, 62 MW solar power station in the Luhynsky district, near Zhytomyr’s border with Belarus. Since 2011, an Altostrata unit has built 51 MW of solar proj...

Ten kilometers north of Crimea, work is to start this spring on a 163 MW windpower farm designed to supply the power needs of Ukraine’s border area Ten kilometers north of Crimea, work is to start this spring on a 163 MW windpower farm designed to supply the power needs of Ukraine’s border area, Kherson’s Kalanchak district. In 2014, the district...

A Franco-Belgian project to build a 110MW wind power farm on Kherson’s Black Sea coast A Franco-Belgian project to build a 110MW wind power farm on Kherson’s Black Sea coast is expected to win credit support in March, when the EBRD Board reviews the project. Project backers are: France’...

Thursday, January 3

Looking ahead, Ukraine’s air traffic should continue to enjoy double digit annual growth, compared to 3-5% a year for EU countries Looking ahead, Ukraine’s air traffic should continue to enjoy double digit annual growth, compared to 3-5% a year for EU countries, according to forecasts by the Montreal-based International Air Trans...

With 20 new flights scheduled for EU cities during the first half of this year, With 20 new flights scheduled for EU cities during the first half of this year, Ukraine’s aviation boom shows no signs of flagging. Here is the lineup:

Aiming to become Ukraine’s discount carrier to the Mediterranean, SkyUp starts regular Aiming to become Ukraine’s discount carrier to the Mediterranean, SkyUp starts regular flights with its new Boeing 737-800s from Kyiv Sikorsky to: Lanarca, Cyprus on March 31; Naples, Italy on April 2...

Starting March 31, SkyUp has permission to fly from Sikorsky to two new destinations for Kyiv residents: Starting March 31, SkyUp has permission to fly from Sikorsky to two new destinations for Kyiv residents: Podgorica, Montenegro and Karlovy Vary, the western Czech resort town. In addition, the airline...

Looking at northern Europe, Wizz Air starts flights Looking at northern Europe, Wizz Air starts flights from Kyiv Sikorsky to: Riga on March 1; Bremen, Germany and Billund, Denmark on March 2; and Krakow on April 5. Austria’s Laudamotion, starts flight...

Ryan Air adds five new EU cities from Boryspil this spring Ryan Air adds five new EU cities from Boryspil this spring, inaugurating flights to: Manchester on April 1; Athens on April 2; Sofia, Bulgaria and Paphos, Cyprus on April 3 and Dublin on May 2. On Mar...

After a year of worry, Ukraine’s hryvnia actually strengthened against the dollar and the euro during 2018. After a year of worry, Ukraine’s hryvnia actually strengthened against the dollar and the euro during 2018. The hryvnia increased by 1.3% against the dollar and by 5.6% against euro, according to the ...

Ukraine cut imports of gas for domestic consumption by one quarter in 2018 Ukraine cut imports of gas for domestic consumption by one quarter in 2018, to 3.5 billion cubic meters, the Interfax-Ukraine calculates, drawing on figures from Ukrtransgaz. For the last three years,...

Russian gas flowing through Ukraine to Europe fell by 7% in 2018 Russian gas flowing through Ukraine to Europe fell by 7% in 2018, to 86.8 billion cubic meters, according to Ukrtransgaz, the national pipeline operator. In 2017, transit increased by 14% over 2016, l...

Hot Stocks: Ukrainian oil and gas Hot Stocks: Ukrainian oil and gas. In London on Monday, Regal Petroleum (RPT LN) surged 10%, making for a 23% gain since Dec. 26, and reaching its highest price since April 2010. Similarly, JKX Oil &a...

Through November, Ukraine’s exports were up 9.6%, while imports were up 15.5%, Through November, Ukraine’s exports were up 9.6%, while imports were up 15.5%, year over year. The current account deficit for the first 11 months of 2018 was $4.4 billion, compared to $1.7 billion fo...

New car sales were flat in 2018, growing by 0.6%, or 453 cars, over 2017 levels New car sales were flat in 2018, growing by 0.6%, or 453 cars, over 2017 levels, reports Ukravtoprom, the industry trade association. Holding new car sales to 81,800, sales of used imports overtake sa...

A list of 792 ‘small’ state properties has been approved for auction this year A list of 792 ‘small’ state properties has been approved for auction this year by the State Property Fund. Each property is valued at less than $9 million. About three quarters appear to be real estat...

Ukraine recorded 20 million air passengers in 2018, 43% above 2017 levels Ukraine recorded 20 million air passengers in 2018, 43% above 2017 levels and one third higher than the historical record of 15 million in 2013. Alexander Kunitsky writes in “Ukraine Rises on the Wing...

Lower aviation fuel prices and UIA’s hub strategy Lower aviation fuel prices and UIA’s hub strategy increased passenger through to Kyiv Boryspil, the nation’s busiest airport, to 1 million passengers a month last year

Wednesday, January 2

Zaporizhia, Ukraine’s main international airport for the southeast, is not giving up. Zaporizhia, Ukraine’s main international airport for the southeast, is not giving up. After recording about 400,000 passengers in 2018, Zaporizhia, Ukraine’s seventh busiest airport, inaugurates a new...

Poltava completes repairs this year on its terminal, taxiways and runway Poltava completes repairs this year on its terminal, taxiways and runway. With the upgrades, air service is expected to expand beyond a lone Yanair charter flight to Antalya, Turkey. The airport is lo...

Zhytomyr has a brand new terminal, aircraft hangars and fire service. Zhytomyr has a brand new terminal, aircraft hangars and fire service. Currently, the maintenance hub for Yanair’s fleet of four Airbus and five Boeings, Zhytomyr is to gain international status this y...

Vinnytsia handled over 60,000 passengers in 2018, joining the ranks of Ukraine’s 10 busiest airports. Vinnytsia handled over 60,000 passengers in 2018, joining the ranks of Ukraine’s 10 busiest airports. Last March, UIA started a daily, early morning hop to Kyiv Boryspil. Flying 55 minutes in a 50-sea...

Mykolaiv emerged last week from repairs to welcome its first scheduled flights in years Mykolaiv emerged last week from repairs to welcome its first scheduled flights in years: DreamWind Airlines started flying a twice a week Boeing flight to Kyiv. This winter, the airline starts a weekl...

Kherson Airport is to become Ryanair’s destination this year for southern Ukraine, Kherson Airport is to become Ryanair’s destination this year for southern Ukraine, Infrastructure Ministry officials say. Already handling 100,000 passengers a year, Kherson has direct flights to Ista...

Grain exports could rise by 20% for the marketing year, which ends June 30 Grain exports could rise by 20% for the marketing year, which ends June 30. There were up 9% for the first half of the marketing year, compared to same period in 2017. They While Corn shipments are up...

Uzhgorod, Ukraine’s westernmost airport Uzhgorod, Ukraine’s westernmost airport, is to receive scheduled flights again this summer, ending a three-year break. In November, the European Aviation Safety Agency certified the airport, which req...

Although Ukraine attracted about $836 million in foreign agricultural investment last year, the real growth driver was Ukrainian investment, Although Ukraine attracted about $836 million in foreign agricultural investment last year, the real growth driver was Ukrainian investment, Maxim Martynyuk, acting Minister of Agrarian Policy and Foo...

To turn around a shrinking cow herd, Ukraine gave farmers $3.7 million in subsidies last year to maintain 176,765 calves To turn around a shrinking cow herd, Ukraine gave farmers $3.7 million in subsidies last year to maintain 176,765 calves, Martynyuk writes. But, he adds, farmers failed to use all credits available, p...

Electronic auctions of leases of 179 lots of state-owned farm land have raised $521,000, double the expected amount. Electronic auctions of leases of 179 lots of state-owned farm land have raised $521,000, double the expected amount. The government calculates local revenues could increase by $1 billion through expan...

Through Dec. 1, Ukrainian banks made $715 million in profits – 11 times more than in the same period of last year Through Dec. 1, Ukrainian banks made $715 million in profits – 11 times more than in the same period of last year, Kateryna Rozhkova, first deputy governor of the National Bank of Ukraine, reports on ...

The central bank has posted a schedule of inspections of 51 banks in 2019. The central bank has posted a schedule of inspections of 51 banks in 2019. In addition, the bank plans to carry out unscheduled inspections. In 2018, the National Bank of Ukraine carried out 25 planne...

Moody’s raised the ratings of seven Ukrainian banks by one notch, generally to Caa1, Moody’s new rating for Ukraine. Moody’s raised the ratings of seven Ukrainian banks by one notch, generally to Caa1, Moody’s new rating for Ukraine. Upgrades were given to three state-owned banks — PrivatBank, Oschadbank...

“Regional airports are taking off,” “Regional airports are taking off,” Alexander Kunitsky writes in UNIAN in an overview of Ukraine’s ongoing aviation boom. Idled after the collapse of the Soviet Union, Ukraine’s regional airports once...

Beyond the big five – Kyiv’s two airports, Lviv, Kharkiv and Odesa — here are the rising regional airports to watch Beyond the big five – Kyiv’s two airports, Lviv, Kharkiv and Odesa — here are the rising regional airports to watch:

Pridniprovye — $7 million is budgeted to start construction of Ukraine’s first new airport since independence, Pridniprovye — $7 million is budgeted to start construction of Ukraine’s first new airport since independence, on the border of Zaporizhia and Dnipropetrovsk regions.

Monday, December 31

ZPP, Poland’s Union of Entrepreneurs and Employers, fears that 500,000 Ukrainians working in Poland would migrate to Germany if the Bundestag passes a liberalized immigration bill in 2019. “ ZPP, Poland’s Union of Entrepreneurs and Employers, fears that 500,000 Ukrainians working in Poland would migrate to Germany if the Bundestag passes a liberalized immigration bill in 2019. “According ...

Under a draft bill passed Dec. 19 by Germany’s Federal Cabinet, a minimal knowledge of German language would be a requirement for non-EU citizens to work in Germany Under a draft bill passed Dec. 19 by Germany’s Federal Cabinet, a minimal knowledge of German language would be a requirement for non-EU citizens to work in Germany. In Ukraine, German is the second m...

In Poland, to provide consular services to all Ukrainians within 2-hour drives of their homes In Poland, to provide consular services to all Ukrainians within 2-hour drives of their homes, Ukraine plans to open a third consulate general, in Wroclaw, and to expand the number of honorary consula...

Ukrlandfarming believes it can fill its 2019 labor needs – 2,000 workers – by courting graduating high school students Ukrlandfarming believes it can fill its 2019 labor needs – 2,000 workers – by courting graduating high school students and offering them training with the farm group, Nataliya Romanenko, HR director, ...

In real terms, Ukraine’s average monthly wage in November was 11.4% higher than one year earlier In real terms, Ukraine’s average monthly wage in November was 11.4% higher than one year earlier, reports the State Statistics Service. Prime Minister Groysman predicts that the wage will end 2018 at ...

As many as 2,500 IT specialists returned to Ukraine in 2018 As many as 2,500 IT specialists returned to Ukraine in 2018, says Dmitry Ovcharenko, acting executive director of the Ukraine IT Association. Similarly, the percentage of IT workers emigrating has dro...

Gazprom has started decommissioning Russian compressor stations on gas pipelines leading to Ukraine, Gazprom has started decommissioning Russian compressor stations on gas pipelines leading to Ukraine, Alexander Babakov, Director General of Gazprom Transgaz Moscow, tells Russian media. Three have bee...

Phasing out deliveries to Ukraine’s pipelines will leave Europe’s dangerously dependent on Russia-Germany pipelines, Phasing out deliveries to Ukraine’s pipelines will leave Europe’s dangerously dependent on Russia-Germany pipelines, Andriy Kobolyev, CEO of Naftogaz, tells Interfax-Ukraine. He notes that in recent y...

German leaders say some Russian gas must continue to go through Ukraine. Russians officials refuse to make a commitment German leaders say some Russian gas must continue to go through Ukraine. Russians officials refuse to make a commitment. The EU is pressuring Russia and Ukraine to negotiate a new gas transit contract...

Under strong EU pressure, Ukraine will split up natural gas production and transportation operations, promising to adopt the legal framework in the first few months of 2019, Under strong EU pressure, Ukraine will split up natural gas production and transportation operations, promising to adopt the legal framework in the first few months of 2019, S&P Global Platts repo...

With the clock ticking toward unbundling, Prime Minister Groysman says his government is “keen on finding a serious authoritative European or U.S. partner for joint management of the GTS.” With the clock ticking toward unbundling, Prime Minister Groysman says his government is “keen on finding a serious authoritative European or U.S. partner for joint management of the GTS.” Referring t...

Russia expanded its ban on imports from Ukraine Saturday, saying it would halt $510 million worth of annual imports Russia expanded its ban on imports from Ukraine Saturday, saying it would halt $510 million worth of annual imports of food, raw materials and industrial and farm products. The wide ranging list inclu...

Highlighting Russia’s unreliability as a trading partner for Ukrainian exporters Highlighting Russia’s unreliability as a trading partner for Ukrainian exporters, the ban is expected to spur further market diversification. With China-Ukraine trade growing by 20% a year, China may ...

About 3.2 million Ukrainians work abroad on a permanent basis, calculates the Ministry of Social Policy. About 3.2 million Ukrainians work abroad on a permanent basis, calculates the Ministry of Social Policy. With 16 million Ukrainians working inside Ukraine, this would mean that 17% of the total workfo...