Business news from Ukraine

UKRAINIAN INTERPIPE COMPLETES CERTIFICATION OF PREMIUM JOINT FOR OIL AND GAS PIPES IN ITALY

Interpipe international vertically integrated pipe and wheel company has completed CAL IV certification of own Ukrainian Premium Joint (UPJ-M) gas tight coupled and threaded connection for OCTG pipes (Oil Country Tubular Goods) meeting ISO 13679 standard of CAL IV level, the company said. At the same time, as gas and oil are more often produced in the complex geological conditions, the wells become not only obliquely directed, but also horizontal, which results in the toughened requirements to the pipes. Threaded connections play the key role in the reliable operation of pipes in a well.
The obtained certification confirms the correspondence of the Interpipe UPJ-M threaded connection to the highest level of CAL IV requirements (CAL – connection application level). Qualification tests were held in Italy.
Connection type CAL IV is a mandatory requirement in many oil and gas projects in the Middle East, Asia-Pacific, Latin and Central Americas and the CIS. The presence of this connection will allow the company to meet the technical requirements of previously inaccessible projects.

UKRAINE TO SPEED UP ATTRACTION OF INVESTMENTS IN RENEWABLE ENERGY WITH INTERNATIONAL RENEWABLE ENERGY AGENCY

Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE) Serhiy Savchuk presented Ukraine’s latest achievements in renewable energy at the eighth session of the Assembly of the International Renewable Energy Agency (IRENA) in Abu Dhabi (the UAE) on January 13, the SAEE’s media liaisons department has reported.
“Ukraine’s government has walked a long path to join the Statute of IRENA. The respective law of Ukraine, No. 2222-VIII, which was drafted by the State Agency on Energy Efficiency and Energy Saving, has recently been adopted by parliament and signed by Ukrainian President Petro Poroshenko,” Savchuk said, adding that Ukrainian Foreign Minister Pavlo Klimkin has recently signed the respective document on Ukraine’s accession to IRENA.
The SAEE said in a statement published on Saturday, January 13, that more than 1,200 representatives from 150 countries gathered at a global event to discuss strategies for the development of clean energy.
Savchuk presented to the IRENA member countries the latest achievements of Ukraine in renewable energy and prospects for cooperation with IRENA, especially in the sphere of stimulating the attraction of “green” investments.
According to IRENA Director-General Adnan Amin, said, the cost of producing clean energy is reduced, technologies are being improved, and the development of renewable energy is accelerating around the world. According to him, this means that the world enters a new era of energy transformation, and renewable energy is becoming an important driver of economic growth, job creation and social development, as well as resolves the challenges of climate change and reduction of harmful emissions.
After joining IRENA, Ukraine will be able to increase green investments, get cheap loans for “green” projects, and develop joint mechanisms for financing the preparation and implementation of quality projects.
In addition to strategies for the development of clean energy, the forum participants also considered issues for improving energy efficiency in various sectors of the economy, including industry.
The Ukrainian delegation participated in the eighth session of the IRENA Assembly with the assistance of the UNIDO/GEF UKR IEE Technical Assistance Project “Introduction of Energy Management System Standards in Ukraine Industry” and the UNDP/GEF Project “Development and Commercialization of Bioenergy Technologies in the Municipal Sector in Ukraine.”
According to IRENA, more than $1 trillion has been invested in renewable energy all over the world since 2013. To date, almost ten million new jobs have been created in this area.

UKRAINE FULLY USES QUOTA FOR JUICE AND HONEY TO EUROPEAN UNION FOR 2018

The tariff quotas of the European Union for Ukrainian honey, grape and apple juice for 2018 have been exhausted, First Deputy Minister of Agrarian Policy and Food Maksym Martyniuk wrote. According to his data, the main quota for duty-free supply of honey from Ukraine to the EU is about 8,000 tonnes, for grape and apple juice some 14,000 tonnes.
There are about 400,000 beekeepers in Ukraine, who produce about 70,000 tonnes of honey.
About 57,000 tonnes of honey is exported, mainly to the European Union.
“The production potential, based on the sowing of honey plants, is up to 140,000tonnes of honey per year, twice as much as the current volume,” he said.
He clarified that now there are no mandatory requirements for the quality of honey in Ukraine. At the same time, within the framework of the association agreement with the EU, Ukraine must implement European requirements for honey quality, which are fixed in Council Directive No. 2001/110/EU by the end of 2019.

IBM APPOINTS NEW GENERAL DIRECTOR IN UKRAINE

IBM Corporation (the United States) has appointed Valeriy Shliakhov new director general of the company in Ukraine from January 1, 2018, according to the website of the company.
“I am pleased to be able to use all my experience and extensive knowledge of the Ukrainian IT services market at IBM. In the face of the constantly changing market conditions, the advanced analytics and technologies of IBM create excellent opportunities for digital transformation of customers’ businesses to offer competitive products and services to their clients,” Shliakhov said.
IBM said Shliakhov had held managerial (including business development and sales) posts in the well-known Ukrainian and international companies for more than 20 years. His responsibilities included Ukraine, the CIS countries and several countries in Central and Eastern Europe. He also had headed a Ukrainian IT services company he founded for over three years.
His predecessor Penko Dinev completed his seven-year tenure in office on December 31, 2017.
IBM is an American company headquartered in Armonk. It is one of the world’s largest manufacturers and suppliers of hardware and software, as well as IT services and consulting services.

Hungarian airline WizzAir RAISES TRAFFIC ON UKRAINIAN FLIGHTS

Hungarian low cost airline WizzAir in 2017 transported more than 685,000 passengers to/from Kyiv and Lviv, which is 64% more than in 2016, according to a press release from the company. “The first international flight of WizzAir departed from Kyiv to London in 2008. Since then, the company remains faithful to Ukrainian passengers, offering more and more interesting opportunities to meet their demand. The airline contributed to the development of the local labor market in aviation and tourism, as well as creation of 515 jobs in related industries,” the report says.
The company said the second aircraft was delivered to the WizzAir base in Kyiv in August 2017, the third one will replenish the fleet of the airline in June 2018. Thanks to the resumption of flights from Kharkiv in 2018 and the launch of eight new flights throughout the year, the company will offer its passengers 29 low cost routes from Ukraine to ten countries. “This year the company will provide 1.1 million seats on its Ukrainian flights, which are already on sale. This figure contains a 60% increase over the previous year,” the press release said.