Business news from Ukraine

Business news from Ukraine

LARGE UKRAINIAN FRUITS AND BERRIES PROCESSOR TO BUILD THIRD PLANT FOR PROCESSING APPLES AND BERRIES IN POLAND

T.B.Fruit, one of the largest processors of fruits and berries in Ukraine, plans in 2019-2020 to start the construction of the third plant for processing apples and berries in Poland with an estimated cost of more than EUR40 million. “We plan to build the third factory in Mazowieckie Voivodeship. We are now at the stage of designing production lines. There is already a ready-made construction project, a building permit has been obtained from state authorities. The planned start of construction is 2019-2020. The third plant will have a capacity of 3,000 tonnes of apples a day with the possibility of increasing up to 4,500 tonnes, and up to 700 tonnes of berries per day,” Director for Production at T.B.Fruit Oleh Mochaliuk told Interfax-Ukraine. Investments in the specified enterprise will roughly amount to more than EUR40 million.
According to Mochaliuk, T.B.Fruit owns two plants in Poland (the first was bought in 2010, the second one in 2012) with a total processing capacity of 3,000 tonnes of apples per day. In addition to apples, strawberry, raspberry, currants, cherry, aronia, red currants, gooseberry are processed at Polish plants. He said juice production and sales in the first half of 2018 decreased by 30-40% compared to the same period in 2017 due to a poor fruit harvest.

, , , ,

ROMANIAN COMPANY HELPS UKRAINE’S SEA PORTS AGENCY TO DREDGE OF IZMAIL AND RENI SEAPORTS

The Ukrainian Sea Ports Authority has signed an agreement with SC Complex Delta SRL (Romania) on carrying out operational dredging in the water areas of Izmail and Reni seaports following a tender conducted in then ProZorro electronic system of public procurement. “For the first time in the history of the Ukrainian Sea Ports Authority, Romanian companies came out for dredging tenders, and one of them won the tender. This indicates the quality of the procedure, its transparency and competitiveness. Now the winner company can mobilize the fleet and proceed with the work required to maintain navigational dimensions in Izmail and Reni,” head of the agency Raivis Veckagans said.
The administration said dredging will help improve the processing conditions of existing cargo flows and attract new ones, increase accepting ship and develop the business as a whole.
The cost of work under the contract will be about UAH 32 million. The total estimated volume of soil to be treated is 200,000 cubic meters, including up to 156,000 cubic meters in the water area of Izmail seaport, and up to 44,000 cubic meters in the water areas of Reni port. The planned time for dredging is not more than four months.

, , , ,

IBM WINS TENDER TO DEVELOP INFORMATION TECHNOLOGY STRATEGY FOR THE LARGEST OIL AND GAS PRODUCING COMPANY IN UKRAINE

IBM Ukraine LLC, which is wholly owned by IBM Central and Eastern Europe, has won a tender called by NJSC Naftogaz Ukrainy to have its strategy for information technology developed. IBM Ukraine, with a bid of UAH 3.748 million (VAT included), defeated other bidders, namely Ernst & Young (E&Y) and PwC Polska, Naftogaz announced in the ProZorro e-procurement system. The services must be provided by December 31, 2018.
The goal is to determine the level of IT maturity and ensure maximum efficiency from investments in IT. As a result, the target operating model of the company’s IT and the development roadmap should be developed, including a portfolio of projects, the necessary resources and portfolio management processes.
The IT analysis should be carried out for Naftogaz and its subsidiaries, namely Ukrtransgaz, Ukrgazvydobuvannya, Ukrtransnafta, Ukrspetstransgaz, Chornomornaftogaz, and Ukravtogaz.
Naftogaz Ukrainy unites the largest oil and gas producing enterprises of the country. It is a monopolist in transit and storage of natural gas in underground storage facilities, as well as transportation of crude oil by pipelines throughout the country.

, , , , ,

UKRAINE’S INSURERS RAISE OSAGO PREMIUMS BY 21%

The insurance companies of Ukraine, the members of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU), in January-June 2018 increased collection of insurance premiums on compulsory insurance of vehicle owners’ civil liability (OSAGO) by 20.9% compared with the same period in 2017, to UAH 2.183 billion.
According to the MTIBU’s website, the number of OSAGO contracts for the six months increased by 4.4%, to 3.905 million. The total volume of insurance claim fees paid under internal insurance contracts, according to the MTIBU, increased by 16.2%, to UAH 1.066 billion. In particular UAH 158.2 million were paid using EU accident report forms, which is 44.1% more than in January-June 2017.
The bureau also recorded a reduction in the number of settled claims for insurance compensation – by 0.4%, to 67,700, of which 17,832 using EU accident report forms (an increase of 16.5%).
The MTIBU is the only association of insurers that carry out compulsory insurance of civil liability of land vehicles’ owners for harm caused to third parties. The members of the bureau are 56 insurance companies.

, ,

WIZZ AIR TO LAUNCH FLIGHTS FROM LVIV TO VILNIUS, BRATISLAVA, FROM KHARKIV TO GDANSK, WROCLAW

Hungary’s low cost airline Wizz Air from October 2018 will service flights from Lviv to Vilnius and Bratislava, and from Kharkiv to Gdansk and Wroclaw. The press service of the airline reported that Ukrainian passenger can book tickets on the airline’s website at the prices starting from UAH 299 for a one-way ticket, taking into account all taxes and duties.
Flights from Lviv to Vilnius will be serviced from October 29 on Mondays and Fridays; from Lviv to Bratislava – from October 30 on Tuesdays, Thursdays and Saturdays.
Flights from Kharkiv to Gdansk and Wroclaw will be serviced on Wednesdays and Sundays from October 28, 2018.
“We will now service regular flights from the Kharkiv international airport on four Polish routes, and we hope that direct flights to cities such as Wroclaw and Gdansk will open even more opportunities for our passengers: both in the tourism industry and in education, culture, entrepreneurship and others,” Commercial Director for Aviation Activities of the Kharkiv international airport (managed by New Systems AM, a member of the DCH group of businessman Oleksandr Yaroslavsky) Vladyslav Ilyin said.

, , , , , , ,