Economics

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The SIA' 2009 Motor Show in Kyiv

Wizz Air Ukraine is intending to lunch a number of new international flights to Belgium, the Netherlands, Italy, Russia in 2009.

Ukrainian Aircrafe AN-74

The new Ukrainian AN-74 is capabale of multiple tasks, aerial and maritime patroling, support of military ships with the possibility to counterattack an enemy, carrying out search and rescue operations, electronic and radio reconnaissance, and determination of polution of the sea surface. Antonov says the new AN-74, developed with its partners from France, Germany and Sweden, can be operated from poor quality runways which have pebbles, snow and ice.

In STOL (short take off and landing) mode it can transport up to six tonne of cargo.

click to read news from Ukraine's Antonov ASTC

Ukrainian company Motor Sich JSC is among the largest in the world and manufacturing engines for airplanes and helicopters as well as industrial gas turbine installations.

click for more information from the Motor Sich JSC

Ukraine's Cyclone-3 carrier rocket was developed by Pivdenne Design Bureau and produced by Pivdennemash producction amalgamatiom. Ukraine's Cyclone-3 placed Russian research spacecraft in orbit on Junuary 31, 2009.

It was the 122th launch of Cyclone rocket.

The Cyclone Launch Vehicle program will be implemented in the frames of the international project for the launch of Cyclone-4 from Alcantara space center in Brazil . Ukraine and Brazil signed an agreement on for long-term cooparation in the use of the Cyclone-4 rocket at the Alcantara space center in Brazil . The first launch of the rocket from the Alcantara space center has been scheduled for 2010.

click to read news from National Space Agency of Ukraine

Remondis Ukraine has reached an agreement with Ukraine city Melitopol, Zaporizzia region on the creation of a joint venture. The contract to found TOV Remondis Melitopol was signed on 4 February, 2009 , the German parent firm announced last week. The city Melitopol holds 49% of the shares in the joint venture and Remondis Ukraine - 51%. The joint venture will provide all municipal waste management services and operate the landfill for the city. These services included introducing separate waste collection and managing waste generated within city limits.

The Goverment of Ukraine is ready to implement investment projects with Sweden. Prime minister of Ukraine, Yulia Tymoshenko told that the Parliament of Ukraine had already passed in the first reading the bill aimed of the creation of a favorable investment climate for domestic and foreign investors. According to Prime Minister of Ukraine, the bill provides a ten-year tax holiday for investors.

Ukrainian inventor Anatoliy Sinozatsky produced the Aggregate system for receiving gas and oil from municipal waste. It can be a new innovative technology for municipal waste processing.

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Naftogaz of Ukraine starts oil production from extension well in Egypt.

On February 18 Naftogaz company received , while drilling

an extension well Hg-34/3, oil inflow with a debit of 80 tons per day.

After testing, Naftogaz decided to consider the well as opened.

A production hight of 16 meters is the largest in the terms of volumes of oil stock.

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The French company Lafarge will establish factory in Lviv region, Ukraine.

Window and door profile extruder Profine (Troisdorf, Germany) has just opened a 3 million processing operation in Zaporizzie, Ukraine with three extrusion lines.

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February 27, 2009.

Ukrainian rocket puts US satellite into orbit.

Ukrainian Zenit-3SLB carrier rocket was successfully launched from the Baikonur space center under the Land Launch program, the liaison department of state-run design Yuzhnoye reported. The launch was effected by the Space International Services company comprising Ukraine's Yuzhnoye and machine-building plant Yuzhmash, Russia's Energia roket and space technology company and Lavochkin scientific production association, and others.

Ukrainian Zenit-3SLB was designed by Yuzhnoye (Dnipropetrovsk, Ukraine). It took to the geostationary orbit US communications satellite Telstar 11N weighting 4,010 kilograms.

March 14, 2009

Lufthansa CityLine will start flying dayly from Munich to Lviv, Ukraine.

March 23, 2009, Offenbach, Germany

German company MANROLAND will open new representative office in Ukraine.

Arpil 10, 2009

while visiting Ukraine's Pivden rocket design bureau in Dnipropetrovsk, Prime minister Yuliya Tymoshenko unveiled plans to put the country's first setellite into orbit by september 2011.