Twitter owner Ilon Musk said Friday that Linda Iaccarino, who was previously head of advertising at U.S. media corporation NBCUniversal, has become the company’s new CEO.
“I am pleased to welcome Linda Iaccarino as Twitter’s new CEO,” Musk wrote on Twitter.
He added that Iaccarino will focus primarily on business processes, while he himself will focus on “product design and new technology.”
Earlier on Friday, NBCUniversal announced that Linda Iaccarino was leaving her post at the company.
Musk himself had announced the day before that he had found a new head for the social network he bought.
Musk and Iaccarino recently appeared together at a conference in Miami, where they gave a keynote speech entitled “Twitter 2.3: From Conversations to Partnerships.”
Musk bought the microblogging service for $44 billion last year. The deal, announced in April, was not closed until late October after lengthy litigation between the parties.
Switzerland’s Nestlé, the world’s largest producer of food and soft drinks, has launched the announced construction of a plant to manufacture pasta and other food products in the Smolyhiv village, Torchyna district, Volyn region. Earlier the company invested CHF40 million (nearly $45 million) in the project, business.rayon reported.
Alessandro Zanelli, general director of Nestlé in Ukraine and Southeast Europe, expressed confidence Wednesday at a ceremony marking the start of construction that the plant in Torchin will become a European regional hub for the culinary category.
“I’ve seen Ukrainian cities that were destroyed after all kinds of attacks and how they were rebuilt within a year. The Ukrainians are working successfully to rebuild the infrastructure. Of course, we are calculating the possible risks, but we are confident that we are doing the right thing. Ukraine is worth investing in,” said Marco Sattembri, executive vice president of Nestlé and chief executive of the European zone.
It is specified that at the first stage of work the enterprise will create 300-400 workplaces. Specialists from Kharkov, where there is already a factory producing instant noodles “Mivina”, and local staff are involved in the work at the plant.
Nestle is one of the world’s largest food producers, headquartered in Vevey, Switzerland. The company has 376 factories in 84 countries and produces chocolate and confectionery products, ready-made breakfasts, pet food, baby and medical food, coffee, mineral water, etc. Its portfolio includes more than 2 thousand brands, including Nestle, Nescafe, KitKat, Gerber and Maggi.
Nestle in Ukraine produces coffee and beverages, confectionary, culinary products (cold sauces, seasonings, soups, instant food), baby and special food, ready-made breakfasts and pet food. The most famous Ukrainian brands of the company are Svitoch, Torchin and Miwina.
As reported, in December 2022, Nestle announced its decision to open the production of “Mivina” in Volyn.
The Ministry of Development of Communities, Territories and Infrastructure (Minvosstaniya) is preparing to concession the first and fifth terminals of the Chornomorsk sea port.
“The first stage is the development of a feasibility study (feasibility study), the next stage is to hold a tender among those wishing to receive the port terminals “Chernomorsk” for concession,” the press service of the Ministry of Reclamation said in a statement on Friday.
The Ministry reminded that the process of transferring the terminals to concession had begun even before the full-scale invasion of Russia.
Deputy Prime Minister and Head of the Ministry of Restoration Alexander Kubrakov explained that the private partnership will lead to significant investments in the terminals, will optimize the logistics of transportation and improve the quality of service.
Besides, according to his words, thanks to the concession Ukraine will annually receive concession fee and taxes collection to the budget.
The feasibility study will be financed by the Global Infrastructure Fund, experts and consultants will be provided by the European Bank for Reconstruction and Development and the International Finance Corporation.
As reported, in 2021, the Ministry of Infrastructure and the State Enterprise “Administration of the Sea Ports of Ukraine” transferred the state stevedoring companies of the sea ports “Kherson” and “Olvia” to private partners of the state.
Concession is an agreement on the transfer of natural resources, enterprises, other economic facilities owned by the state or a territorial community for temporary operation by other states, foreign firms, private persons.
Bulgarian authorities have revised the entry conditions for foreign citizens, now travelers with unopened Schengen single and multiple entry visas, as well as with national visas of Romania, Croatia and Cyprus can not enter the country, writes the government newsletter of the republic.
“The Republic of Bulgaria will consider the following documents issued by the member states of the Schengen Agreement: a single entry visa valid for two or more entries after it has been used once to enter a Schengen country, as well as a visa with limited territorial validity for two or more visits after a single entry into the Schengen area,” the document says.
As the newspaper notes, similar requirements will be imposed on holders of national short-term and long-term visas of Cyprus or Romania. After visiting these countries entry into Bulgaria is possible for a period of not more than 90 days within 180 days.
The national short-term and long-term visas and residence permits issued by Croatian authorities until December 31, 2022 are recognized as equivalent to the Bulgarian national visas for transit and residence.
“Metinvest in January-March of this year reduced steel production by 75% compared to the same period last year – to 491 thousand tons, according to a press release from the parent company Metinvest B.V. on Friday evening.
According to it, pig iron production was also down 75% to 448,000 tons, coke production was down 59% to 318,000 tons, but merchant coke production was up 1% to 213,000 tons.
It is specified that this year the steel and iron smelting was carried out on “Kametstal”. In connection with the beginning of a large-scale military aggression by the Russian Federation against Ukraine, on February 24, 2022, Metinvest decided to suspend the production activities of a number of its enterprises in Mariupol, Avdiivka and Zaporizhia, including Azovstal, Illich Iron and Steel, Avdiivka Coke and Zaporizka Coke. Later, the group’s Zaporizhia companies resumed production. In turn, the assets of the group’s enterprises in Mariupol and Avdyivka suffered as a result of hostilities, while Mariupol is currently under temporary occupation.
It is also reported that the Ukrainian enterprises of the group, except for those located in Mariupol and Avdeevka, continue to operate at different levels of utilization, taking into account security factors, availability of electricity supply, as well as logistical and economic factors
In Q1 2023 iron production increased by 66% q-o-q mainly due to an increase in operating hours of both blast furnaces at MK Kametstal after the plant’s emergency shutdown due to lack of power supply in late November, with gradual resumption in December, as well as stabilization of the situation with power supply since late January. As a result, steel production increased by 96% q-o-q.
Q1 2023 iron and steel production figures are 75% lower than in the same period last year due to the shutdown of the Mariupol mills from the end of February 2022, as well as the transition to operating two blast furnaces instead of three at Kametstal.
In the 1st quarter of 2023 the production of commercial semi-finished products amounted to 282 thousand tons, which is twice as much as in the previous quarter due to the increase of liquid iron production, but 46% less than the same period last year due to the absence of production at the Mariupol blast furnaces from the end of February 2022.
In January-March 2023, the output of finished products increased by 28% quarter-on-quarter to 547 thnd mt. Production of flat products was up by 67,000 tonnes to 285,000 tonnes, mainly due to an increased order book for hot-rolled plates at rolling mills in Italy and the UK; production of long products was up by 53,000 tonnes to 262,000 tonnes due to higher steel production on the back of stabilized electricity supply at Kametstal.
In Q1 2023 production of finished products decreased by 63% compared to the same period of 2022, as flat products output decreased by 828 thousand tonnes – due to the shutdown of Mariupol integrated works from late February 2022, as well as due to the change in order book in favor of hot-rolled thick plates at Ferriera Valsider in Italy. In addition, production of long products decreased by 66 thousand tonnes – mainly as a result of production stoppages at Azovstal from the end of February 2022 and lower finished products output at Kametstal against the background of unstable electricity supplies compared to the same period last year.
There was no production of rail and pipe products, as the products were produced at the Mariupol mills.
In Q1 2023 coke output increased by 12% quarter-on-quarter, the main reason being the resumption of coke production at Kametstal after an emergency shutdown due to a lack of power supply in late November 2022. At the same time, coke output in this period decreased by 59% compared to 1Q2022 due to stoppage of production at Azovstal and AVDKHZ from the end of February 2022.
As previously reported, Metinvest in 2022 decreased steel output by 69% YoY to 2.918 million tons, iron output by 72% to 2.743 million tons, coke output by 64%, to 1.653 million tons, including marketable coke by 49%, to 811 thousand tons.
“Metinvest consists of mining and metallurgical enterprises in Ukraine, Europe and the USA.
The major shareholders of Metinvest are SCM Group (71.24%) and Smart Holding (23.76%) that jointly manage the company.
Metinvest Holding LLC is the management company of Metinvest group.
At night on Sunday, May 14, in Ukraine without precipitation, during the day on the left bank, in Dnipropetrovsk, Volynsk, Rivne regions and in the Carpathians in some places small short rain, thunderstorm.
According to the Ukrhydrometeocenter, the wind is mainly northwest, in the western regions southeast, 3-8 m/s. The temperature at night 6-11°, at seaside 10-15°, during the day 19-24°; in the Carpathians at night from 4° of heat to 1° of frost, during the day 11-16° of heat.
May 14, no precipitation in Kiev. Wind is north-west, 3-5 m/s. The temperature at night is 9-11°, while during the day it is 21-23°.
According to the Central Geophysical Observatory of Boris Sreznevsky, since the meteorological observations in Kiev on May 14 the highest daytime temperature was +31.3 ° C in 2003, the lowest night-time of +0.1 ° C in 1888.
Monday, May 15, at night in the Carpathian region, afternoon in the western regions, it may be raining, thunderstorms, and hail in some areas, while in the rest of the country – without significant precipitation.
Wind is south-east, turning into southwest, 7-12 m / s, in the western part of the gusts of 15-20 m / s in places. The temperature at night is 8-13 degrees, at the coast of the seas up to 16 degrees, during the day – 19-24 degrees, in the southern and sometimes in central regions – up to 27 degrees; in the Carpathian highlands – 3-8° heat at night, 11-16° during the day.
May 15 in Kiev, without precipitation. Wind is south-eastern turning to south-western, 7-12 m/s. Temperatures at night 11-13°, daytime 22-24°.
