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Kyiv is named the best start-up ecosystem in emerging Europe in a report conducted by Startup Blink, a start-up research centre. Of 1,000 cities across the globe, Kyiv was named as the 32nd best ecosystem in the world, eighth best in Europe and first in emerging Europe. Startup Blink rates cities according to the number of start-ups, how well they drive innovation, and the business environment.
Ukraine’s broadband Internet ranks second in the world for a combination of speed and low price, according to study by British telecommunications resource Cable.co.uk. In the annual study, Ukraine is sandwiched between Syria (1) and Russia (3). For price, Ukraine has the fifth cheapest mobile Internet -- 46 US cents per gigabyte. The four cheaper countries are: India - 9 cents per gigabyte; Israel - 11 cents; Kyrgyzstan – 21 cents; and Italy - 43 cents. The most expensive are British islands: St. Helena $52; Falklands - $40; and Bermuda - $29.
9.1.8 Tourism sector news
9.1.11 Metallurgy & mining sector news
Although this is to be the summer of domestic tourism, Ukraine hotels report weak July-August bookings, Interfax-Ukraine concludes after interviewing executives at three of the nation’s largest hotel chains. Andriy Dema of Reikartz Hotel Group says July-August booking range from 45 to 75%, down from 80% across the network last year. Arthur Lupashko, founder of Ribas Hotels Group, says only 20-25% of his rooms are booked for July-August. Premier Hotels and Resorts calls bookings for July-August ‘an empty sheet.’
Ukraine’s steel production was down 11% during the first five month of this year, compared to the January-May period of last year. According to Ukrmetalurgprom, the steelmakers association, the drops were: pig iron – 10%; steel – 11% and rolled metal – 18%. Last year, the combined total of these three categories was down about 2% over 2018.
71 UKRAINE Country Report July 2020 www.intellinews.com