Business news from Ukraine


Alfa Smart Agro has installed an automated crop protection agent package line at Bila Tserkva preparative forms plant (Kyiv region). The company said that the launch of the line was financed from investment in the development of the plant. Total investment for 2017-2018 would be UAH 90 million.
The line control is computerized. The line services production of herbicides. Its production capacity is 3,600 liters per hour on average.
The company said that the installation of the package line is one of the stages of modernization of production. Soon the similar line will be installed in the pesticide production workshop.
Bila Tserkva preparative forms plant was opened in 2016. It produces crop protection agents and micronutrient fertilizers. Today, its annual capacity is 11,400 tonnes, which allows covering around 15% of the needs of the Ukrainian market.


About 1,000 medical institutions have been registered in the eHealth system, Deputy Minister of Health Pavlo Kovtoniuk has said.
“There is already a lot of health institutions registered in the system. On March 28 there are 928 health facilities,” he said at a briefing in Kyiv.
According to the Ministry of Health, at present there are 1,232 medical institutions of primary level in Ukraine without taking into account ambulatory clinics.
Kovtoniuk also said that all medical institutions of primary care in Kyiv are ready to sign declarations with patients.
“Yesterday we held a meeting with Kyiv medical institutions, all of them declare their readiness to sign declarations from the first week of April,” he said.
At the same time, the deputy minister of health noted that “it is important not to rush” for the Ministry of Health.
“The main thing is not the speed, but the quality of selecting the doctor. We tell institutions that they must be qualitatively ready to accept declarations. The process of choosing a doctor begins on April 2 and does not end, so we do not need to run and queue, but we do not recommend postponing the signing of the declaration,” he said.

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The National Commission on Securities and the Stock Market has signed a memorandum of cooperation with the European Federation of Energy Traders (EFET) on the development of commodity markets for energy products and financial instruments markets, on which energy products are the basic asset.
According to a press release of the commission, the parties will cooperate in developing new securities and bankruptcy legislation that will provide the netting of commodity derivatives and the effective protection of netting in operations with such products such as natural gas, electricity and the like.
“Now energy companies and producers operating in the Ukrainian market do not benefit from liquidation netting when implementing agreements and must make prepayment for the supply of gas when dealing with counterparties with the EU. This situation does not contribute to the creation of a highly liquid energy market in Ukraine similar to the markets of the EU countries. Therefore there is the need to improve the domestic legislative framework and implement relevant EU directives,” the press release noted.
According to the commission, the norms on the introduction of liquidation net settlement of derivatives are already contained in draft law No. 7055 on capital markets and regulated markets.
EFET unites European energy traders working in wholesale electricity and natural gas markets. The federation was founded in 1999 in response to the liberalization of European electricity and gas markets.

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The small business spirit index in 2018 was 3.2 points out of the maximum possible five, which corresponds to a neutral level, according to a study conducted by the European Business Association (EBA). According to a report on the EBA’s website, small business representatives are optimistic about the prospects for development this year: out of the 278 interviewed owners and directors of small enterprises in all spheres of activity 76% expect business to improve in the next six months, while 87% forecast profit growth in 2018.
More than half of the companies surveyed plan to increase the number of employees, while 57% to raise wages, 64% to increase the amount of financing their business in 2018, the report says.
At the same time, the materials of the study indicate that 40% of the companies polled were founded in the crisis years of 2015-2017.
“The survey shows the orientation of small businesses to exports. Some 27% of the companies surveyed have already entered foreign markets, and 30.3% plan to do this this year. The companies intend to develop their enterprises and reinvest their earnings in their own business,” the report states.
However, small business development is hampered by difficulties in obtaining loans. According to the survey, 82% of the surveyed heads of companies admitted that they need credit funds, 65% of respondents have difficulties with this, in particular 15.5% of them say that borrowings are “absolutely impossible.” “In general, 68.2% of respondents believe that the economic situation in Ukraine does not contribute to the development of small business, and only 3% of respondents are completely satisfied with the business climate in Ukraine,” the release says.



T.B.Fruit, one of the largest processors of fruits and berries in Ukraine, has built a line for production of pectin at its own juice factory Yablunevy Dar LLC (Horodok, Lviv region). According to a report on the website of T.B.Fruit, the production capacity of the pectin line will be about 1,500 tonnes per year, while the total demand in the world is about 40,000 tonnes. “We have an opportunity to increase the production capacity to 3,000 tonnes if necessary,” Roman Zuzok, the vice president for sales and corporate development, said.
According to him, the company plans to become a member of the International Pectin Producers Association (IPPA). According to the latter, pectin consumption in the world market annually grows by 5%.
T.B.Fruit group of companies was established in July 2011 after the merger of all the assets of businessman Taras Barschovsky, namely Yablunevy Dar, the Polish fruit processing factories T.B.Fruit Dwikozy and T.B.Fruit Annopol, Tank Trans Ukraine LLC and Tank Trans Polska, engaged in domestic and international transportation of liquid cargo by road tankers, as well as the horticultural complex T.B. Sad (700 hectares of apple, cherry, strawberry and raspberry gardens).
T.B.Fruit owns eight plants for production of juice not from concentrate, fruit purees and frozen fruits and vegetables in Ukraine, Moldova, and Poland. In Ukraine, T.B.Fruit produces juice under the Galicia trademark.

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The Vodafone Ukraine mobile operator plans to launch 4G communications in the 2600MHz band in 20 cities of Ukraine from March 30 to April 2, CEO of the operator Olha Ustinova has said at a press conference. “We have to get bills for permissions for base stations and pay for them by the end of March 29. If the Ukrainian State Center of Radio Frequencies manages to issue all the papers for all 28 cities, tomorrow or at least from Monday we will launch 4G communications in the first cities,” she declared.
Ustinova stressed that Vodafone Ukraine will gradually launch the 4G mobile communications in the 2600MHz range, the first launch of the technology will cover 20 cities: Kyiv, three cities in Kyiv region (Boryspil, Vyshneve, Chabany), Dnipro, Pavlohrad (Dnipropetrovsk region), Kharkiv, Kupiansk (Kharkiv region), Zaporizhia, Energodar (Zaporizhia region), Lviv, Poltava, Sumy, Ivano-Frankivsk, Chernivtsi, Novoselytsia (Chernivtsi region), Lutsk, Kropyvnytsky, Odesa, and Kherson.
By July the 4G network will be launched in 28 cities, including Brovary, Irpin (Kyiv region), Lymanka (Odesa region), Berdiansk (Zaporizhia region), Uzhgorod, Mukachevo (Zakarpattia region), Palianytsia, and Yaremche (Ivano-Frankivsk region). The company notes that more than 30% of subscribers are ready to use 4G communications, and the average traffic consumption per subscriber in the operator’s network is 4 Gb. At the same time, it is expected that with the introduction of the fourth generation communications technology, the consumed traffic will double.