The Commercial Court of Kyiv on Thursday rejected Dniproazot JSC’s claim to invalidate and cancel the decision of the Antimonopoly Committee of Ukraine dated December 29, 2021 on the violation by the enterprise of legislation on the protection of economic competition and a fine of UAH 80.11 million.
“The Antimonopoly Committee will continue to defend its position on this case if Dniprozot continues to appeal against this in the highest courts,” the ministry said in a statement.
The Antimonopoly Committee of Ukraine recalled that during the investigation, the monopoly (dominant) position of the enterprise in 2017-2019 in the commodity market was established and it was proved that it abused this provision, in particular, stopped the production of goods from 06/18/2018 to 07/19/2018 and stopped its sale from 07/01/2018 to 07/19/2018.
“The main reason for stopping the production of Dniproazot was the increase in the cost of natural gas and the lack of working capital. At the same time, the Committee did not reveal significant changes in the cost of natural gas and established the presence of working capital in the company’s accounts,” the ministry said in a statement.
The Antimonopoly Committee also recalled that the issue of setting prices for Dniprozot in the period of 2017-2019 is being investigated by the committee as part of another case.
JSC “Dniproazot” specializes in the production of carbamide, ammonia, sodium hydroxide, liquid chlorine and hydrochloric acid and is controlled by the structures of the Privat group.
In January-September 2021, the enterprise reduced its net profit three times (by UAH 228.3 million) compared to the same period last year, to UAH 113.1 million. Its revenue for the nine months of this year increased by 43.2% – up to UAH 5 billion 734.8 million.
Employees of the Security Service of Ukraine have detained Vyacheslav Boguslayev, president of Motor Sich JSC, who is suspected of collaborating and working for the Russian Federation, the press center of the SBU reported.
In addition, law enforcement officers detained the head of the Department of Foreign Economic Activity of this enterprise.
The suspects were announced on suspicion under two articles of the Criminal Code of Ukraine, in particular, Art. 111-1 (collaboration activity) and art. 111-2 (complicity with the aggressor state).
The SBU noted that the detention took place within the framework of criminal proceedings on the illegal supply by Motor Sich of military goods for Russian attack aircraft.
According to the materials of the investigation, the management of the plant located in Zaporozhye is involved in the deal. Officials acted in collusion with representatives of the Russian corporation Rostec, which is one of the main arms manufacturers for Russia, close to the Kremlin.
“The attackers have established transnational channels for the illegal supply of wholesale lots of Ukrainian aircraft engines to the aggressor country. The occupiers used the resulting products for the production and repair of Russian attack helicopters of the Mi-8AMTSh-VN “Sapson”, KO-52 “Alligator”, Mi-28N “Night Hunter” types “, the message says.
It has been established that the invaders massively used the corresponding models of army aviation for a full-scale invasion of Ukraine. This is confirmed by numerous facts of the destruction of enemy combat helicopters by our defenders.
“To circumvent the established restrictions on trade with the Russian Federation, the organizers of the scheme used controlled commercial structures in three countries of the Middle East, Europe and East Asia. It was these companies that sent the order to the Ukrainian manufacturer, allegedly for the needs of the foreign side,” the report says.
At the same time, after receiving military products, “intermediaries” forwarded them to Russia. The enemy also used his foreign accomplices to repair and maintain their own aircraft using Ukrainian spare parts.
During the investigation, the Security Service officers identified all the organizers of the transactions, documented their criminal actions and carried out comprehensive measures to bring the perpetrators to justice.
Vyacheslav Boguslaev, President of JSC “Motor Sich” – one of the largest enterprises in Europe for the production of aircraft engines. Prior to the sale of a controlling stake in the Chinese company Skyrizon, which was frozen by the court, he was the largest shareholder of the enterprise.
Born in 1938, in 1966 he graduated from the Zaporozhye Machine-Building Institute with a degree in Aircraft Engines, since 1973 he has been the director of the Volochisk Machine-Building Plant, since 1988 he has been the general director of the Zaporizhzhya PO “Motorostroitel”.
Boguslaev headed Motor Sich in 1991. Since 1994 – the head of the board and general director of Motor Sich OJSC.
Since 2006, the people’s deputy of Ukraine of 5-8 convocations, and since 2019, the president of Motor Sich JSC and the general designer for the creation and modernization of helicopter technology.
The United Arab Emirates announced the allocation of humanitarian aid to Ukraine in the amount of $100 million, the press service of the UAE Permanent Mission to the UN reports.
“The international community must step up its support to alleviate the suffering of civilians and ensure that their basic needs are met. To this end, earlier this week, the UAE announced a US$100 million in humanitarian assistance to Ukraine,” the statement said on Thursday night. Saturday.
On October 17, Ukrainian President Volodymyr Zelenskyy had a conversation with the head of the United Arab Emirates (UAE), Mohammed bin Zayed al-Nahyan, on October 17.
European Bank for Reconstruction and Development (EBRD) in 2022-2023 will send up to EUR3 billion to Ukraine, the bank’s president, Odile Renaud-Basso, said following a meeting with Ukrainian President Volodymyr Zelensky in Kyiv on Friday.
“I told the President that our commitment is long-term and we are investing up to EUR3 billion in 2022-2023 to support the economy, the private sector and the urgent reconstruction of vital infrastructure,” the head of the EBRD said in a tweet.
According to her, over the current year, the total volume of EBRD investments in Ukraine will amount to more than EUR1 billion.
The European Bank for Reconstruction and Development is one of the largest institutional investors in the Ukrainian economy. In 2021, he invested EUR1 billion in the country.
The world’s largest online retailer Amazon.com Inc. for the first time will ship its cargo on Airbus SE aircraft in cooperation with Hawaiian Air, owned by Hawaiian Holdings Inc.
In total, Amazon will lease 10 Airbus A330s from Altavair LP, the company said. Aircraft that were originally passenger aircraft will be converted into cargo ones. They will be flown by Hawaiian pilots.
The first deliveries are expected at the end of 2023.
In this way, Amazon intends to reduce its dependence on Boeing Co. airliners, of which there are more than 110 aircraft in its fleet. The company intends to begin replacing its existing Boeings, mainly 767 models, with Airbus aircraft within 1.5 years batches of aircraft from a European manufacturer.
Hawaiian was one of six bidders to win a contract with Amazon, said Sarah Rhoads, vice president of Amazon Global Air. The airline operates 13 Airbus A330 passenger aircraft.
Meanwhile, Amazon chose the A330 because the planes are easier to convert to passenger than Boeing 767s, Rhoads added. At the same time, despite the fact that the A330 is larger than the 767, Amazon will not use them to transport cargo from other companies.
Amazon also transports U.S. packages from time to time. Postal Service on her existing aircraft.
Exports of goods in % to the previous period in 2021 and 2022
SSC of Ukraine, graphics of the Club of Experts
