KYIV. April 13 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers has expanded a list of borrowers who have the right to receive an agro-industrial credit rate compensated, allowing individuals to receive compensations.
According to cabinet resolution No. 267 of April 6, the amendments are made to the procedure for using funds from the national budget to support measures in the agro-industrial via cheapening credits.
Additionally, the compensation in 2015 was provided if the sum of credit rates and the bank fee linked to the credit did not exceed 30% per annum, in 2016 it will provided if the sum of credit rates does not exceed NBU refinancing rate multiplied by 3 percentage points at the moment of the signing of the agreement. This would allow not amending the procedure in the future due to fluctuations of NBU rates.
The resolution is in effect in 2016.
KYIV. April 13 (Interfax-Ukraine) – Milk Alliance was first among dairy companies in Ukraine that fulfilled the order of a Bulgarian partner for the supply of dairy products.
“The order is of a test nature in order to study the demand and taste preferences of consumers. The products will be available in special stores focused on the population from the CIS countries. The first store, which will sell the products under the brands of the Milk Alliance group is located in the city of Varna,” chairman of the company supervisory council Serhiy Vovchenko told Interfax-Ukraine.
According to him, the customer is Ukrainian Trade House Nadiya (Bulgaria).
The first export batch to Bulgaria includes hard cheese under the Pyriatyn and Slaviya brands, drinking milk under the Yahotynske trademark, drinking milk for children “Yahotynske for Children,” and Zlatokrai butter.
KYIV. April 13 (Interfax-Ukraine) – Arterium Corporation (Kyiv) has launched a production line for infusion solutions at the facilities of PJSC Galychpharm (Lviv).
The corporation told Interfax-Ukraine that this is the first infusion line opened by the corporation.
Galychpharm received a license to produce infusions in December 2015, while in March 2016 it produced the first batch of solutions.
Earlier infusions under the Arterium brand were manufactured on a contract basis.
“With the new line for production of infusion solutions Arterium will strengthen its market position in the hospital segment, the segment of antibacterial drugs, and plans to occupy a significant market share in the infusion medicines market in Ukraine,” the corporation said.
As reported, the shareholders of PJSC Galychpharm at a general meeting on February 23, 2016 decided to place 7.093 million shares worth UAH 63.833 million.
KYIV. April 13 (Interfax-Ukraine) – PJSC Zeus Ceramica (Sloviansk, Donetsk region), one of the largest producers of ceramic tiles in Ukraine, in May 2016 will start the next stage of modernization of production for a total of UAH 28.5 million.
According to the Donetsk Chamber of Commerce and Industry, in 2015 Zeus Ceramica invested UAH 22 million of the indicated amount in modernizing production.
“This investment enabled the company to increase the amount of domestic raw materials used in production of tiles,” reads the report.
According to the report, the remaining sum of investment worth UAH 6.5 million will be used for modernization of equipment that will help the company begin production of large format tiles (450x900mm). Zeus Ceramica plans to bring the first batch of the new tile to the market in June this year.
As reported, PJSC Zeus Ceramica in mid-June 2014 was forced to suspend operations in connection with the situation in the region and military operations in the east of Ukraine. At the end of April of the same year company CEO Oleksandr Bohoslavsky reported that the unstable political situation in connection with the events in Sloviansk and in the southeastern region of Ukraine complicated the work of the enterprise, due to which Zeus Ceramica in April 2014 reduced production of ceramic tiles by 30%, as well as experiences difficulties with logistics and is forced to postpone the planned modernization of production with investment of about EUR2 million.
KYIV. April 13 (Interfax-Ukraine) – Early grains have been sowed on an area of 2.1 million hectares, or 86% of the forecast, the press service of the Ministry of Agricultural Policy and Food has stated, with reference to minister Oleksiy Pavlenko.
“The largest areas were sowed in Dnipropetrovsk region (203,800 hectares or 81% of the forecast), Zaporizhia region (180,200 hectares or 90%), Kherson region (145,800 hectares or 84%), Odesa region (138,200 hectares or 101%) and Mykolaiv region (135,000 hectares or 91%),” he said.
In addition, sugar beets were sowed on an area of 216,000 hectares, or 81% of the forecast, sunflower on 805,000 hectares (16%). The sowing of maize (254,000 ha, or 6% of the forecast) and soybeans (34,000 ha, or 2% of the forecast) has been also started.
As reported, with reference to the ministry and preliminary data from the regions, the entire area under agricultural crops in all categories of farms for the 2016 harvest is expected to reach the level of 2015 at 26.7 million hectares.
KYIV. April 13 (Interfax-Ukraine) – German company Leoni AG, which has a plant for production of car cables in.Stry (Lviv region), has decided to build another plant in Prykarpattia.
According to a report on the website of Ivano-Frankivsk Regional State Administration, this was discussed during a meeting of Chairman of Ivano-Frankivsk Regional State Administration Oleh Honcharuk with Leoni AG CEO Stefan Schmid.
According to him, the construction of a plant in Kolomyia district is to be completed by July-August 2017. At this stage, the amount of investment will be almost EUR15 million, including EUR6.6 million will be used for building an industrial facility, and EUR8 million for equipment.
The total area of the factory is expected to be 6,300 square meters, the number of employees – 800 people.
“In general, in the framework of projects implemented by Leoni AG in the region, almost 7,000 Prykarpattia residents will work at its facilities,” the administration said.
As reported, Leoni Wiring Systems UA has been working in Lviv region since 2003.
