KYIV. Feb 3 (Interfax-Ukraine) – Public joint-stock company Turboatom (Kharkiv), Ukraine’s largest producer of turbine equipment, on February 1, 2016 signed a contract with India’s Trafalgar to supply spare parts for power equipment of operating four turbines with a capacity of 240 MW at Rajasthan (RAPP) and Kaiga nuclear power plants (NPPs) in India, the company’s press service reported on Tuesday.
The press service said that this is the first contract to supply spare parts for nuclear turbines in India. Its cost is not disclosed. The term of equipment delivery is 2016.
The sides also agreed to sign next contract to supply spare parts in 2016 for the implementation of scheduled maintenance at NPPs. The conclusion of the document is planned for the period within two or three months.
A contract to supply four sets of power equipment (turbine, condenser, generator, separator, control system and auxiliary equipment) for Kaiga-3.4, RAPP-5.6 NPPs between Turboatom and National Nuclear Power Corporation of India (NPCIL) was signed in 2002. The reactors were launched in the period from 2007 to 2011.
The total capacity of turbosets manufactured by Turboatom at Indian nuclear power plants is almost 1,000 MW.
According to CEO of Trafalgar Rajiv Hariharan, as for today there are all grounds to continue doing business with Turboatom.
“We hope that even more equipment of Turboatom will work in India, and this contract is the first step,” Naval Attaché of the Embassy of India in Ukraine Siddhartha Sant, who was present at the contract signing ceremony, said.
Turboatom is the only Ukrainian producer of turbine equipment for hydro, thermal and nuclear power plants.
KYIV. Feb 3 (Interfax-Ukraine) – New car sales in Ukraine in January 2016 increased by 23% compared to the same month in 2015, to 3,183 cars, according to the Ukrautoprom association.
At the same time, compared to December last year the sales fell by 41.3%, but December last year was one of the most successful months of sales for the entire year. In January last year the market of new passenger cars declined by 4.6 times compared to January 2014.
According to the association, the leader in sales in January this year was Toyota with 303 cars, which is 68% higher than in January 2015, when it ranked fourth.
Nissan ranked second with 282 cars (17% less).
Renault ranked third with 261 cars (up by 30%).
Volkswagen with 227 cars ranked fourth, a rise in sales was 67%. In January 2015, the position was occupied by Toyota.
KYIV. Feb 2 (Interfax-Ukraine) – PJSC State Food and Grain Corporation plans in 2016 to modernize elevator capacities for $150 million from the first tranche of a credit from the Export-Import Bank of China.
According to the press service of the agency, this will allow to increase the volume of grain reception and significantly improve the competitiveness of enterprises.
First Deputy Minister of Agricultural Policy and Food Yaroslav Krasnopolsky in November 2015 reported on the negotiations with the Chinese side about the possibility of obtaining $300 million for the modernization of the corporation’s elevators within the first tranche of a loan from the Export-Import Bank of China for $1.5 billion.
According to him, following a meeting of the subcommittee held in China, a group of four signatories of the agreement (Export-Import Bank of China, Ukreximbank, CCEC, State Food and Grain Corporation) was set up to clarify all the nuances of the implementation of the corporation’s credit agreement.
KYIV. Feb 2 (Interfax-Ukraine) – Ukraine’s largest agricultural holding Ukrlandfarming is in talks with investors to start the construction of a grain terminal in Yuzhny port (Odesa region) in 2017.
“Our top priority in 2016 is Yuzhny port. We are now in talks with investors, and next year we will begin construction,” deputy director general of the holding Ihor Petrashko said in an interview with Latifundist.com.
According to him, the company has built seven elevator and feed complexes, their overall storage capacity is estimated at 2.5 million tonnes. Ukrlandfarming planned to invest in rolling stock, rent grain wagons for 20 years, build an oil extraction plant, developed a project for lysine production. Currently terrestrial infrastructure projects are suspended.
“I can only say that we have a constructive dialogue with Odesa regional administration [with respect to the terminal]. All should be interested in this. These are 5,000 additional jobs, competition in the port, an increase of transshipment. Those who build only theoretically are trying to block this process in every possible way. When they see how we got ahead in the search of an investor, they started using PR attacks,” Petrashko said.
KYIV. Feb 2 (Interfax-Ukraine) – The Cabinet of Ministers has agreed a draft agreement between Ukraine and Australia on cooperation in the field of using nuclear energy for peaceful purposes.
The corresponding decision is fixed in government order No. 50-r of January 27.
“Authorize Minister of Energy and Coal Industry of Ukraine Volodymyr Demchyshyn to sign the said agreement,” reads the document.
As reported, with reference to Volodymyr Demchyshyn, Ukraine is negotiating on the purchase of uranium concentrate in Australia and Kazakhstan.
KYIV. Feb 2 (Interfax-Ukraine) – Saltivsky Bakery LLC (Kharkiv region), part of Lauffer Group, in 2015 produced 43,000 tonnes of bakery products, which coincides with the figures of 2014.
According to a press release, Lauffer Group’s capital investment in baking enterprises of Kharkiv region last year amounted to more than UAH 4 million. Re-equipment of production was carried out in two directions: introduction of energy saving technologies, improvement of product quality.
The group plans in 2016 to invest around UAH 10 million in Kharkiv bakeries.
“In 2015 we managed to maintain production volumes and the market share. Today we produce about 40% of bread in Kharkiv,” the press service said citing the head of the bakery business at Lauffer Group in Kharkiv, Bohdan Aleksandrov.
Lauffer is one of the largest Ukrainian business groups in the sector of processing agricultural products and food production, which has been operating in Ukraine for 14 years. It includes about 100 enterprises specializing in production of flour, bakery goods, fat, canned food and so on.
