Ukraine: Ryanair halts sale of tickets

Ryanair (Ireland), the largest European low-cost air carrier, has stopped the sale of tickets for flights to Kyiv and Lviv. This is evidenced by the ticket sales system on the airline’s website. There are no official statements of the company on the website, however it is impossible to purchase tickets for Ukrainian flights. As reported,…

Ukraine: electricity exports up in H1 2017

Ukraine boosted electricity exports by 59.5% YoY in January-June, to $136.4 million, according to Ukraine’s State Fiscal Service. Hungary accounted for 57.4% of electricity sales abroad, the share of Moldova was about 20.6% and that of Poland about 17.4%. In June Ukraine’s electricity exports to Hungary were estimated at $4.3 million, those to Poland at…

Ukraine: Ukrzaliznytsia suggests reducing shortage of grain hoppers

JSC “Ukrzaliznytsia” offered customers a new mechanism to reduce the rolling stock shortage, in particular grain hoppers. “Ukrzaliznytsia suggests shippers to consider a possibility of increasing the number of rail cars by purchasing and subsequently providing them to Ukrainian Railways in financial leasing”, said the head of the board Wojciech Balczun. According to him “Ukrzaliznytsia…

Ukraine: Uber launches UberBlack premium service in Kyiv

Uber international technological company, the developer of the eponymous mobile application for calling cars with drivers, has expanded the service lines available for Kyiv residents and launched the UberBlack premium service. Uber General Manager for Ukraine, Azerbaijan, Belarus and Kazakhstan Alexei Stakh said that the service focused on clients who wanted to travel the city…

Ukraine: production of grains and pulses to drop

In 2017, the production volumes of grains and pulses in Ukraine will decrease to 59.04 million tons (by 10.7% YoY), the Director of the National Scientific Center “Institute of Agrarian Economics”, Academician of the National Academy of Agrarian Sciences (NAAS) Yuri Lupenko said. According to the expert, reduction of the average yield of grains and…

Ukraine: Kazakh investor acquires Region-Bank

Kazakh investor Arif Babayev has become the owner of Ukrainian Region-Bank renamed Sky Bank, the bank’s press service has reported. “The Kazakh investor bought universal bank Region-Bank with 26 year experience on the Ukrainian market renaming it Sky Bank and focusing on development of IT solutions,” the bank said on its website. “We are making…

Ukraine: corn crops in fair condition

The absence of productive rain over a long time caused faster ripening of early cereals in the southern and central regions, along with premature drying of those planted after non-fallow predecessors. As a result, kernels failed to get filled: they are shriveled with a low 1000-kernel weight (23-35 g). As of today, winter wheat in…

Ukraine: Billa to close stores in regions

Germany’s REWE Group, developing the Billa supermarket chain in Central and Eastern Europe, does not plan to leave Ukraine. “Billa continues operating in Ukraine and would be successfully present on the Ukrainian market. We do not plan to leave Ukraine,” Rewe International AG, the subsidiary of the German concern, reported. The company confirmed that the…

Ukraine: Boryspil Airport to sign agreement with Ryanair within two weeks

The State Enterprise “Boryspil International Airport” must conclude an agreement with the Ryanair airline within the next two weeks, Infrastructure Minister of Ukraine Volodymyr Omelian stated. “The Lviv International Airport has already signed a contract with Ryanair, the contract between the Boryspil Airport and Ryanair will be signed within the next two weeks. We significantly…