The European Bank for Reconstruction and Development (EBRD) will finance the reconstruction of the Dnipro-Mariupol and Dnipro-Kotovka roads in Dnipropetrovsk region, EBRD Senior Adviser for External Affairs Anton Usov said on his Facebook page. “The head of Dnipropetrovsk region, Oleksandr Bondarenko, and the EBRD Deputy Director in Ukraine, Mark Magaletsky, have signed an agreement to begin preparing a project for the reconstruction of roads in the region. The project cost is estimated at EUR 50 million,” he said.Procurement of goods and services for this project will be carried out in strict accordance with the rules of the EBRD after approval by the board of directors of the bank and signing the corresponding agreement.Usov said that work in this direction was launched in October 2019 in the context of the Re-Think investment forum, which was held in Mariupol (Donetsk region).
The Hungarian low cost airline Wizz Air intends in August 2020 to launch a flight from Dortmund (Germany) to Zaporizhia, due to the opening of an air carrier base in Dortmund. According to Wizz Air’s press service, flights will start on August 2 and will be operated on Wednesdays and Sundays. Ticket price is from UAH 729.
In addition, the airline launches flights from Dortmund to Alghero, Bari, Catania, Naples, Athens, Corfu, Heraklion, Rhodes, Santorini, Thessaloniki, Fuerteventura, Lisbon, Marrakesh, Podgorica, Reykjavik, and Suceava.
The European Bank for Reconstruction and Development (EBRD) could provide a long-term loan of $81 million for the construction of an air separation unit of Kryvy Rih Industrial Gas LLC (Kyiv), created last October by the Dutch company Krig Holdings B.V., a joint venture of American-based Air Products and Chemicals, Inc. and ArcelorMittal, in which Air Products is the majority shareholder.
“Subject to the finalization of commercial agreements, the company will design, construct and operate an on-site air separation unit to be located in Kryvy Rih,” the bank said on its website.
“The project will employ modern, state-of-the-art technology to safely and reliably produce industrial gases, for ArcelorMittal Kryvyi Rih steel works and other customers in Ukraine and beyond. By replacing existing industrial gas production on ArcelorMittal’s site, the new facility will reduce the annual energy consumption of the steel plant,” the report says.
“The air separation unit will be designed in line with the European Industrial Gas Association technological guidelines and will be among the first of its kind to be installed in Ukraine. The project is expected to result in carbon dioxide emission savings in excess of 60,000 tonnes per annum through energy efficiency gains of the steel works,” the bank said.
The total cost of the project is estimated at more than $100 million, the bank said.
It is expected that the EBRD Board of Directors will consider this project on July 22 this year.
Myronivsky Hliboproduct (MHP) has appointed Ernst & Young Cyprus Limited as new auditors for 2020 instead of Deloitte Limited.
The corresponding decision was made at an annual meeting of shareholders, the holding reports on the London Stock Exchange’s website.
The shareholders also approved MHP SE’s annual report for 2019 and re-elected all the holding’s directors for the term until the next annual meeting in 2021.
MHP is the largest producer of chicken in Ukraine. It is also engaged in production of cereals, sunflower oil, meat. MHP supplies chilled carcasses of chickens to the European market, which are processed, in particular, at its enterprises in the Netherlands and Slovakia.
In February 2019, MHP completed the acquisition of the Slovenian company Perutnina Ptuj.
The founder and majority shareholder of MHP is Ukrainian businessman Yuriy Kosiuk.
Retail turnover in Ukraine by regions in Jan-April 2020 (UAH MLN)
Odesa seaport handled 10.45 million tonnes of cargo in January-May 2020, which is 3.2% more than in the same period in 2019.
According to the data of the Ukrainian Sea Ports Authority, for the specified period, the port increased the transshipment of exported cargo by 0.3%, to 7.693 million tonnes, imported cargo by 22.9%, to 2.241 million tonnes. Coastal cargo handling decreased by 33.1%, to 41,730 tonnes, and transit cargo by 16.4%, to 473,990 tonnes.
The transshipment of bulk cargo at the Odesa Sea Port increased by 15.5%, to 780,810 tonnes, dry and bulk cargo decreased by 13.4%, to 3.71 million tonnes, package cargo increased by 14.2%, to 5.959 million tonnes in January-May.
Processing of containers for the period amounted to 271,869 TEU (an increase of 8.8% compared to the same period in 2019).
Odesa seaport is located in the southwestern part of Odesa Bay on an artificially created area of 109.5 hectares.
The port serves ships up to 270 meters long with a draft of up to 13 meters. The total length of the mooring line is more than eight kilometers.
