Official rates of banking metals from national bank as of june 25
One troy ounce=31.10 grams
National bank of ukraine’s official rates as of 26/06/19
Source: National Bank of Ukraine
Industrial production in Ukraine in May 2019 increased by 1.6% compared with May 2018, after a rise of 5.2% in April, 2.1% in March, and a fall of 1.8% and 3.3% in February and January respectively, the State Statistics Service has reported. The agency said that with the adjustment to the effect of calendar days, industrial production in May 2019 compared with May 2018 also increased by 0.6%.
The service said that compared with the previous month, industrial production in May fell by 0.85%, and taking into account the seasonal factor it dropped by 0.9%.
In general, in January-May 2019, the growth in industrial production compared to the same period of 2018 is 0.9%, according to the State Statistics Service.
The rise in processing industry in May 2019 from May 2018 was 1.1%, in extracting industry and quarrying some 2.3%. The figure in the supply of electricity, gas, steam and conditioned air reduced by 2.5%.
The BlaBlaBus bus low-cost carrier, founded by the world’s largest international online service of the search for automobile travel companions BlaBlaCar (France), plans to enter the Ukrainian market. “Our first BlaBlaBus bus route has already been launched in Germany. We plan to connect 60 cities across Germany and Benelux with our routes in the first year of operation. Then we will expand the BlaBlaBus coverage to the whole of Europe. In our non-European markets where we have already started connecting professional bus carriers to our platform, we will also redouble our efforts in this direction, with a focus on Russia, Ukraine and Latin America,” co-founder and CEO of BlaBlaCar Nicolas Brusson said in an interview for the Journal.Octobus magazine.
According to him, the BlaBlaBus service will help reduce the number of cars on the roads, as well as reduce the cost of travel.
BlaBlaBus launched its first bus route in Germany on June 11, 2019. In 2018, BlaBlaCar bought the French carrier Ouibus, on the basis of which BlaBlaBus was created. Before the merger, the French service had more than 300 bus routes around Europe.
BlaBlaCar (France) is the world’s largest international online service of the search for automobile travel companions, it was founded in 2006. The company operates in 22 countries, the total clientele of the project exceeds 70 million people.
BlaBlaCar entered the Ukrainian market in early 2014, having bought the Ukrainian startup Podorozhniki.
President of Ukraine Volodymyr Zelensky and founder of the Japanese Internet company Rakuten Hiroshi Mikitani have discussed plans to enhance the company’s presence in Ukraine, in particular the expansion of the office in Odesa and the opening of a new office in Kyiv. Zelensky and Mikitani met on June 25, the presidential website said.
In Ukraine, Rakuten is best known as the owner of the Viber service.
Hiroshi Mikitani says Ukraine is a priority market for Rakuten. He expressed his willingness to support the idea of increasing the number of investment projects from Japan.
He also approvingly responded to Zelensky’s initiative “The State in a Smartphone” and expressed a desire to cooperate closely under this project, since Viber is an integral part of the smartphone of most Ukrainians.
Following the meeting, Zelensky invited Mikitani to join the National Investment Council whose secretary is IT entrepreneur David Arakhamia.
DTEK Renewables, an operating company that manages DTEK assets in the field of renewable energy sources, has concluded a deal on foreign investment of EUR 90 million in the construction of the stage 2 of Prymorska wind farm (Zaporizhia region).
The press service said that the loan was issued by a consortium of German banks (Bayerische Landesbank, KfW IPEX-Bank, and Oddo BHF Aktiengesellschaft) with risk coverage provided by German export credit agency (ECA) Euler Hermes and Spanish CESCE. The loan term is 10 years after the technical commissioning of the plant.
This is the third renewable energy project of Euler Hermes and DTEK. Earlier the agency insured financial deals for the construction of the stage 1 of Prymorska wind far and Botiyevska wind farm, the first big wind energy project of DTEK. For CESCE this is the first agreement in Ukraine in recent years.
“DTEK has proven once again its status as a key investor in the renewable energy sector in Ukraine. Last year, the company’s investments accounted for about a half of the total investments in the renewable energy sector. The latest loan-based financing for the construction of the Prymorska wind farm strengthens the company’s role as a long-term partner for leading international financial institutions and industrial equipment supply companies,” CEO of DTEK Renewables Philipp Leckebusch said on the press release.
The construction of the 100 MW phase 2 of the Prymorska wind farm started in 2018. The wind park will consist of 26 wind turbines manufactured by GE, with a capacity of 3.8 MW each. Upon completion of all the works (phase 1 and 2), Prymorska wind farm will be equipped with 52 GE 3.8-130/137-110HH wind turbines, one of the most innovative GE onshore turbines. The total value of the investments will be more than EUR 150 million.
The active phase of construction is currently ongoing: all access roads, pile fields and wind turbine foundations have been already completed, installation of the first wind turbines has begun. Completion of commissioning of the whole facility is planned for September 2019, the company reported.
When both phases are commissioned, the 200 MW Prymorska wind farm will generate between 650-700 million kWh of green energy. The operation of the facility will reduce CO2 emissions by 700,000 tonnes per year, through the reduction of use of conventional generation facilities.
