An investment project for the construction of a soda ash plant in the suburbs of Kramatorsk (Donetsk region) involves investments in the amount of $575 million, head of the Donetsk regional state administration Pavlo Kyrylenko said.
“We are ready to offer, with ready-made conceptual design solutions, a project for the construction of a plant for the production of soda ash […] earlier there were plants in Sloviansk and Lysychansk (Luhansk region), but the capacities have been lost, and another such plant is in Krasnoperekopsk in Crimea,” Kyrylenko said at the forum “UkraineInvest Talks: Dnipro” on Thursday, May 27.
According to him, this plant will solve the problem of import substitution and will allow talking about export.
According to the presentation of the investment project, the construction of a plant with a capacity of 600,000 tonnes per year is designed for three years, it is planned to create about 2,000 jobs there. The area of the land plot is 50 hectares in the village of Raihorodok, stocks of raw materials will provide for 100 years of work. It is assumed that the implementation of the project will allow the supply of soda ash for export and will provide an inflow of foreign currency to Ukraine in the amount of at least EUR 75 million.
The head of the region also presented a project idea for the production of paper from chalk, a model of which was developed by the regional state administration. According to the presentation of the project, its cost is $10 million, the capacity is 9,000 tonnes of paper per year, the implementation period is ten months with the creation of 100 jobs.
According to the authors of the project, chalk paper can be 10-15% cheaper than traditional types of paper, it can decompose completely under the influence of sunlight within 6-18 months. The project is assessed as promising for a dry and ecologically loaded region with forest plantations and numerous chalk deposits.
Kyrylenko said that these projects are well developed and realistic.
Farmak pharmaceutical company (Kyiv) ranked fourth in the rating of companies in terms of sustainable development, according to a company’s press release.
According to the report, the rating was developed and conducted by experts of the Dengi and Korrespondent publications in partnership with the UN Global Compact Network Ukraine. In general, the rating includes 39 companies from various sectors of the economy, including the pharmaceutical company Darnitsa.
All rating participants were tested according to environmental, social and corporate governance (ESG) criteria. The jury took into account the anti-corruption policies and practices of companies, the situation with gender balance in the top management bodies, the average level of wages excluding the top staff, a set of key social programs and the amount of their funding, as well as the amount of funding for energy modernization and the dynamics of reducing the carbon footprint.
“The rating methodology reflects the realities of the world economy and focuses on indicators that should be a priority for Ukrainian businesses. Development of legislation on non-financial activities would contribute to the growth of a culture of business sustainability and accelerate the economic transition of Ukraine in accordance with the Sustainable Development Goals,” Partnership Manager at the UN Global Compact Network in Ukraine Alina Konovalchenko said.
“To assess the achievements in sustainable development, it is important to look not only at the company’s projects, but also at the context. That is, by what methods the company achieved results, whether the changes will be long-term and systemic, and how they will affect the stakeholders. Our position in the rating is a good confirmation that social responsibility is an integrated approach, from transparent financial reporting, fair tax payments and decent working conditions to environmental initiatives,” Executive Director of Farmak Volodymyr Kostiuk said, adding that Farmak is the first Ukrainian pharmaceutical company to join the UN Global Compact.
Farmak is the leader of the Ukrainian pharmaceutical market, it produces medicines in all 14 therapeutic groups.
National bank of Ukraine’s official rates as of 28/05/21
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of May 28
One troy ounce=31.10 grams
The presidential offices of Slovakia and Ukraine are working on a declaration recognizing Ukraine’s European integration aspirations, said Prime Minister of Slovakia Eduard Heger.
“Slovakia has been a staunch supporter of Ukraine and her European aspirations of Ukraine. This is one of my main messages today in Kyiv. And we are vocal on that in Brussels as well. Presidential offices of both countries are working on the declaration you mentioned,” Heger said in an exclusive interview with Interfax-Ukraine.
He stressed that Ukraine’s European integration aspirations had already been officially recognized many times.
“For now, it is important to use all the provisions the Association Agreement between the EU and Ukraine offers,” the premier added.
He noted that during his visit to Kyiv on Friday, he would talk with Ukrainian interlocutors about the reforms.
“Indeed, transformation and modernization of the country is a prerequisite for becoming a member of the EU and NATO. The reform process in Ukraine is continuing and Slovakia believes it will be sustainable and successful. Btw, the changes are not about the EU and NATO, they need to be introduced be Ukrainians themselves to make Ukraine stronger, more resilient, to the benefit of all the Ukrainians,” Heger said.
The bilateral agreement on the use of the Slovak airspace by the international airport Uzhgorod will be in effect from June 5, said Prime Minister of Slovakia Eduard Heger.
“There are still some technical measures and procedures to be put in place and you simply cannot make shortcuts. It is about safety and established mechanisms in the air transportation, not about politics. I was informed that all the process will be finished in September,” Heger said in an exclusive interview with Interfax-Ukraine.
