The state-owned Oschadbank (Kyiv) on December 18 attracted UAH 8 billion at the tender of the National Bank of Ukraine (NBU) for 90-day refinancing at 6%, according to the NBU’s website on Monday.
According to the NBU, the regulator also satisfied the applications for refinancing the banks Sich (UAH 250 million), Avangard (UAH 50 million) and Concord (UAH 36.6 million).
According to statistics, in general, starting from April 30, 2020, the NBU held 31 auctions for 90-day refinancing for a total amount of about UAH 45.886 billion. The tenders scheduled for June 5, July 10 and September 11 did not take place due to a lack of bids.
In addition, starting from May 8, the National Bank held eight refinancing tenders for a period of one to five years for a total amount of about UAH 48.53 billion.
According to the schedule of tenders published on the NBU’s website, the next refinancing auction for a period of up to 90 days will take place on December 24, for a period of one to five years on January 15, 2021.
The transport companies of Ukraine (excluding the territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the JFO zone) in January-November 2020 reduced transportation of goods by 11.6% compared to the same period in 2019, to 546.6 million tonnes, the State Statistics Service has reported.
According to the report, the freight turnover of carriers for the specified period decreased by 15.1%, to 263.9 billion tonne-kilometers.
According to statistics, over the 11 months of this year, 278.8 million tonnes of goods were transported by rail in domestic traffic and for export, which is 3.2% less than in January-November 2019. Some 174.6 million tonnes (less by 21.6%) were transported by road, 5.2 million tonnes (8.4% less) by water, 87.9 million tonnes (13.5% less) by pipeline, and 100,000 tonnes (6.5% less) by air.
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to EUR 13.8 million in the form of two allocated tranches to PJSC Kokhavynska Paper Mill (Lviv region) to finance the construction of a new production and warehouse building.
According to a report on the EBRD website, the project involves the construction of a plant for the production of paper goods based on cellulose.
“The project assumes the construction of a facility for the production of pulp-based tissue products to meet growing demand for high quality tissue products. It will enable the company to enter the higher quality retail tissue segment, double its tissue production capacity and improve operating efficiency. The CAPEX for capacity expansion comprises tissue and converting machines, the construction of an industrial production and storage workshop,” the bank said on its website.
The total cost of the project is EUR28.5 million.
The shareholders of the plant approved raising a EBRD loan in the amount of up to EUR17 million to finance the construction of a new production facility at a meeting on November 10.
According to the decision, the property of the factory, the market value of which exceeds 50% of the value of the assets (according to the latest financial statements), will be pledged on the loan.
Ratio of fertility and mortality by region as of Jan-Sept, 2020.
SSC of Ukraine
DTEK is interested in purchasing new power grid assets in Ukraine and EU countries, CEO of the company Maksym Timchenko has said.
“I believe that all DTEK’s business, in one way or another, are related to how successfully DTEK Grids will develop […] In our long-term strategy, we are talking about expanding the portfolio of assets, we are ready to further participate in the acquisition of grid companies both in Ukraine and beyond,” he said when presenting DTEK’s new strategy until 2030.
As reported, the operating holding DTEK Grids is engaged in the distribution of electricity in Kyiv city, Dnipropetrovsk, Donetsk, Kyiv and Odesa regions.
DTEK was established in 2005 to manage the energy assets of the System Capital Management Group (SCM, Donetsk) of Rinat Akhmetov. The functions of strategic management of the enterprises of the group that make up the vertically integrated chain for the extraction and enrichment of coal, production and sale of electricity were delegated the holding.
ASSETS, DTEK, EU, POWER GRID
Ratio of fertility and mortality by region as of Jan-Sept, 2020.
SSC of Ukraine
