Business news from Ukraine

Business news from Ukraine

On December 6, 2024, from 03:00 to 06:00, power supply will be cut off at Mayaky-Udobne-Palanka checkpoint

On December 6, 2024, from 03:00 to 06:00, the power supply will be cut off at the Mayaky-Udobne-Palanka checkpoint for the purpose of technical works.

All passage operations for citizens and vehicles will be suspended during this period of time.

Source: https://linkbio.co/UkraineCustoms

“Kholodmash” will change Supervisory Board under control of Yuriy Rodin

JSC Kholodmash (Odesa), in which as of the third quarter of 2024 almost 51% of shares belong to Yuriy Rodin, owner of Odesa-based Pivdenny Bank, intends to completely change the composition of the Supervisory Board.
According to the draft decision of the extraordinary meeting of the company’s shareholders scheduled for December 24, the Supervisory Board plans to include Ella Piontkovska, Natalia Grigorieva and Diana Kvachadze, who recently announced their intention to acquire large stakes in KhOLODMASH JSC – 24.5% and two stakes of 16.1093%, respectively.
According to the National Securities and Stock Market Commission (NSSMC), none of them owned shares in JSC Kholodmash as of the third quarter of this year.
It is planned to remove Nikolay Krager, Galina Sarayeva and Tatyana Marchenko from the SB.
In addition, the meeting intends to approve the actions of the CEO to conclude and execute contracts for the disposal of the company’s real estate in the period from December 10 to December 24, 2024.
As reported, according to the NSSMC, in addition to Rodin, the company’s shareholders include Arie Becker (15.3047% of shares) and Mark Becker (5%), as well as Tecom LLC (9.9592%). According to Clarity Project, the ultimate beneficiary is Rodin.
According to the company’s website, Kholodmash, founded in 1932, specializes in the production of industrial refrigeration and ventilation units, in particular for air conditioning in mines.
According to the Clarity Project, in 2023, the company made a net profit of UAH 2.2 million, compared to a loss of UAH 0.4 million a year earlier, with revenue growing by 18% to UAH 13.8 million. In January-September 2024, the company’s profit amounted to UAH 2.6 million and revenue was UAH 11.8 million.
The company’s authorized capital is UAH 6.605 million, with a share price of UAH 0.25.

Ukrainian media uncover facts of fraud in service centers for obtaining driver’s license

The Main Service Center of the Ministry of Internal Affairs of Ukraine is planning to conduct an unscheduled internal audit and at least replace the entire management team. It is possible that a similar measure will be applied to other Service Centers in the country.

This was reported by the Ministry of Internal Affairs on December 4. This was the ministry’s response to a journalistic investigation by Bihus.Info.

According to the Ministry of Internal Affairs, the Service Centers expect a “large-scale reboot” of all work processes. In particular, a working group has already been set up to improve the digital services of the TSCs.

“As for the management and officials of TSC No. 8041 in Kyiv, the Ministry of Internal Affairs has already asked the NACP to conduct a thorough monitoring of the lifestyles of the persons involved in the journalistic investigation,” the ministry said.

TSC 8041 (Kyiv, 20 Peremohy St.) is the subject of the next Bihus.info story.

Люди ночують у чергах: ЗМІ розкрили факти махінації у сервісних центрах з отриманням водійського посвідчення

“Service centers work inefficiently and cannot cope with servicing citizens. People spend the night outside the service center in line to get vouchers for the practical exam, they have to hunt for an electronic voucher around the clock because of the system’s malfunction, and “runners” sell them for money. Meanwhile, the employees of the SC drive to work in cars that are not listed in their declarations because they are registered either to relatives or to strangers,” the investigation states.

Last year, the National Police investigated a case against the management of this Center, which “artificially created a shortage of coupons” by allowing “runners” to sell the Center’s services for 3-4 thousand UAH. But the case ended with a sentence only for the “runner,” “and the problem with the shortage of coupons has not been resolved since,” the journalists say.

This TSC is headed by Oleksandr Boyko. His declaration states that he lives in someone else’s apartment and drives his father’s 10-year-old Toyota Land Cruiser. However, his wife flaunts cars on Instagram that “were not listed in the declarations”: BMW X3 (from $50 thousand), Volkswagen ID.4 electric cars (from $30 thousand) and BMW IX3 (from $60 thousand). Moreover, the cars were registered in the name of Boyko’s father-in-law and all were bought new.

Люди ночують у чергах: ЗМІ розкрили факти махінації у сервісних центрах з отриманням водійського посвідчення

TSC administrator Volodymyr Naumenko uses an Audi E-Tron (over $40,000) at work, but this car is registered to his 22-year-old son. Naumenko’s wife has an apartment in a new building and a new Highlander, his eldest son has a separate apartment in another new residential complex, a dacha on the Kyiv Sea, a large amount of land in Muzychi near Kyiv, and a Toyota Camry, and his younger son also has an apartment in the same residential complex and the aforementioned E-Tron.

Люди ночують у чергах: ЗМІ розкрили факти махінації у сервісних центрах з отриманням водійського посвідчення

The Lexus NX 300 in the service parking lot behind the SC (pictured) is registered to the mother-in-law of the administrator Anatolii Klymenko. His declaration shows that the apartment in the new building was given to him by his retired father, and it allegedly cost only UAH 50 thousand.Also, a new Lexus NX 450H+ (from $60 thousand) is registered for the retired father.

Люди ночують у чергах: ЗМІ розкрили факти махінації у сервісних центрах з отриманням водійського посвідчення

Administrator Natalia Los drives two different Teslas – a Tesla Model 3 and a Tesla Model Y, although she officially has only a “not very fresh” Dodge Challenger.

Люди ночують у чергах: ЗМІ розкрили факти махінації у сервісних центрах з отриманням водійського посвідчення

Administrator Serhiy Panchenko does not have a wife in any of his declarations. However, his Toyota Land Cruiser Prado is registered in her name, and “the woman has been posting family photos with Panchenko on social media for many years.” Panchenko’s mother owns a private house in Mizhrichchia near Kyiv, and his father owns another Toyota Land Cruiser Prado.

Source: https://news.obozrevatel.com/ukr/society/lyudi-nochuyut-u-chergah-zmi-rozkrili-fakti-mahinatsii-u-servisnih-tsentrah-z-otrimannyam-vodijskogo-posvidchennya.htm

“Ukraerorukh” to conclude contract for medical insurance of employees abroad

On December 2, the State Air Traffic Services Enterprise of Ukraine (Ukraerorukh) announced its intention to enter into a voluntary medical insurance contract with InterExpress Insurance Company (Kyiv) for its employees traveling abroad.
According to information on the Prozorro portal, the company’s price offer amounted to UAH 87.9 thousand at an expected cost of UAH 199.999 thousand.
The tender was also attended by insurance companies EXPO Insurance with a bid of UAH 88 thousand, European Travel Insurance – UAH 152.2 thousand, Ultra Alliance – UAH 181.5 thousand, and Insurance Guarantees of Ukraine – UAH 188.2 thousand.
“Ukraerorukh was founded in 1992. It provides a full range of air navigation services: air traffic services, organization of air traffic flows, organization and management of airspace, radio communications, navigation and surveillance, provision of meteorological and aeronautical information for all types of flights.

,

Connect to provide €5 mln to Astarta for modernization of sugar factories

German investment company Connect GmbH & Co. geschlossene Invest KG (Connect) will provide Astarta, Ukraine’s largest sugar producer, with a €5 million loan for seven years to modernize its sugar factories, the company’s website reports.

“The agreement is financed by the ImpactConnect program, which includes any Connect financing and financing programs established by the German government. The purpose of this financing is to maintain, develop and modernize Astarta’s sugar factories,” the statement said.

The agricultural holding added that the financing will be provided to one of Astarta’s subsidiaries, but did not specify its name.

“Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220,000 hectares and dairy farms with 22,000 cattle, an oil extraction plant in Globyno (Poltava region), seven elevators and a biogas complex.

In 2023, the agricultural holding reduced its net profit by 5.0% to EUR 61.9 million, and its EBITDA decreased by 6.1% to EUR 145.77 million, while revenue increased by 21.3% to EUR 618.93 million.

,

“KAMETSTAL” upgrades equipment in coke shop to improve energy efficiency

Metinvest Group’s KAMETSTAL, a steelmaking plant at Dnipro Metallurgical Plant (DMK, Kamenskoye, Dnipro Oblast), replaced outdated electrical equipment in the company’s coke oven shop to stabilize the operation of coke oven battery No. 5 and improve energy efficiency.

According to the company, distribution substation No. 55 was modernized in the coke shop as part of this year’s investment program, which made it possible to demonstrate higher reliability of power supply to coke oven battery No. 5.

It is also specified that the main objective of the investment project is to completely replace the outdated contact equipment with modern automatic German-made equipment. As part of the modernization, new circuit breakers with current and thermal protection were installed, as well as new electromagnetic starters instead of contactors. In total, four sections of the substation have been upgraded, and the old equipment at RP-55 has already been decommissioned.

The new equipment with a high level of automation allows online monitoring of the circuit breakers. The sections are equipped with on-off visualization elements, which allows the electrician on duty to check the operation of each circuit breaker faster and more accurately.

Alexander Shulzhenko, an electrician at Kametstal’s coke shop, stated that the three months of operation of the new equipment have made it possible to improve the reliability of the battery’s power supply and avoid downtime of the main equipment related to the reliability of power supply.

“Also, thanks to the metering system introduced as part of the modernization, which allows us to track electricity consumption online on a computer, we can now analyze the electricity consumption of each consumer throughout the day. This analysis has improved the accuracy of electricity consumption planning, and we plan to develop energy-efficient measures to reduce electricity consumption based on the analytical findings,” said Shulzhenko.

“Kametstal was established on the basis of Dnipro Coke Plant and Central Iron and Steel Works of Dnipro Metallurgical Plant.

According to the 2020 report of Metinvest Group’s parent company, Metinvest B.V. (Netherlands) owned 100% of the shares in DCCP.