Big Data

Ukrainian charter and low-cost airline SkyUp Airlines has become Europe’s 7th fastest growing airline, according to a recent Anker Report. The airline added 93 new routes to its schedule in 2018-2019, ranking behind easyJet for the biggest gain in routes. Irish RyanAir took first place in the ranking as it added 417 new destinations to its schedule in 2018–2019. Air France took second ...

On the backdrop of the ongoing Russian aggression against Ukraine, which means the loss of one-third of the country’s industrial potential and the need to invest in the country’s defense capability, Ukraine showed brilliant economic results in 2019. Source: UkraineWorld

The Ministry of Finance has placed €1.25 billion in 10-year euro-denominated Eurobonds at a rate of 4.375% per annum, attracted over 350 investors worldwide. BNP Paribas, JP Morgan and Raiffeisen Bank International were the joint lead managers. The positive dynamic at the market indicates trust from the side of international investors and their expectations of Ukraine’s economic success. Source: Ukraine Invest

Source: Business Ukraine magazine

With more Ukrainians flying than ever before and visa-free EU travel fueling a boom in the country’s aviation industry, Infrastructure Minister Vladyslav Krykliy has announced plans to boost the share of low-cost carriers in the Ukrainian air travel sector to 63% by 2021. The government plans to facilitate this growth in market share by optimizing tax policies to help reduce ticket ...

Since its launch in August 2016, Ukraine’s electronic government procurement platform Prozorro has produced savings of UAH 100 billion for the state. In geographical terms, the biggest savings have been seen in Kyiv region (UAH 45.5 billion), followed by Lviv region (UAH 5.7 billion), Dnipropetrovsk region (UAH 5.1 billion), Kharkiv region (UAH 4.5 billion), and Odesa region (UAH 3.8 billion). ProZorro is widely ...

The number of passengers flying via Ukrainian airports climbed 19% year-on-year during the first eleven months of 2019 to reach a new record high of 22.6 million as the country’s four-year air travel boom showed no signs of losing steam. The country’s busiest airport was Boryspil (Міжнародний аеропорт “Бориспіль”), which accounted for more than 60% of all flights and 14.2 million ...

Ukrainian banks reported net profits of UAH 59 billion during the first eleven months of 2019, according to new figures released in December by the National Bank of Ukraine. This figure represents a threefold year-on-year increase in profits for the sector. Ukraine’s banking industry has undergone fundamental reform over the past six years, with a large number of insolvent or otherwise ...

Food delivery service Uber Eats has launched in Odesa as it continues to gradually expand across Ukraine. The Black Sea port becomes the third Ukrainian city to host the service. UberEats entered the Ukrainian market via the capital city Kyiv in February 2019, before expanding to western Ukraine’s culinary capital Lviv. UberEats is one of a number of Uber services currently available in ...

Ukrainians spent a little over USD 3 billion on e-commerce purchases during the January-November 2019 period, according to figures released in mid-December by the EVO group of companies. This UAH 76 billion total represented a 17% year-on-year increase, reflecting the growing popularity of e-commerce options among Ukrainian consumers. According to EVO research, this rise in e-sales was accompanied by rising revenues ...