Shri Ravi Shankar has been appointed as the new Ambassador of India to Ukraine on May 30, 2024. This was reported the website of the Ministry of Foreign Affairs of India.
Shri Ravi Shankar, who is currently working as an additional secretary in the Ministry, has previously held positions in the Indian government. He is expected to take up his duties in the near future.
India recognized Ukraine’s independence on December 26, 1991. On January 17, 1992, diplomatic relations between Ukraine and India were established.
Source: mea.gov.in
The European Bank for Reconstruction and Development (EBRD) has provided $2.5 million to the American Esper Corporation to expand production capacity for bionic upper limb prostheses in Ukraine as part of the Elysium project.
According to the EBRD press release, the total cost of the project is $6.25 million.
The project is co-financed by a European venture capital fund specializing in medical technology and an American venture capital fund specializing in investments in Ukraine and Moldova.
Esper Corporation is a manufacturer of bionic upper limb prostheses with research and production facilities located in Ukraine.
The main owners of Esper are Ukrainian entrepreneurs.
The State Enterprise “Forests of Ukraine” will supply any volume of timber for fortifications without intermediaries, said CEO Yuriy Bolokhovets.
“Customers do not need to turn to intermediaries – we will find the volumes and organize the delivery. No matter what point on the map of Ukraine we are talking about,” he wrote on Facebook on Thursday.
According to him, the terms of transfer of wood for fortifications are determined by the Ministry of Defense, regional military administrations, military units, and may include tenders, direct contracts and other mechanisms.
“We are the largest state-owned company. If it is necessary, Forests of Ukraine is ready to significantly increase the volume of supplies,” said Bolokhovets, adding that the company has been fulfilling all defense orders without exception.
“Recently, Forests of Ukraine won the Ministry of Defense’s tender on Prozorro for the supply of almost 28 thousand cubic meters of wood at a price of UAH 3.75 thousand per cubic meter with delivery.
Also this year, the state-owned company provided the Defense Forces with almost 75 thousand cubic meters of wood free of charge and fulfilled all requests from military units received by the company.
Earlier, Bolokhovets said that since 2023, Forests of Ukraine has provided the Armed Forces with almost 200 thousand cubic meters of lumber and raw wood worth more than UAH 330 million.
The Motor (Transport) Insurance Bureau of Ukraine (MTSBU) will hold the first session of the online course “Fundamentals of the New Law on CMTPL Insurance” on May 31 at 10:00, according to the Bureau’s Facebook page.
The session will be conducted by Roman Romensky, Head of the MTSBU Legal Department, who will talk about the basic principles and procedure for concluding insurance contracts in accordance with the basics of the new law (Section I-II of the draft law).
It is specified that participants do not need to register, it is enough to follow the YouTube live link https://www.youtube.com/live/hIQEzWFqQqc.
In connection with the adoption on May 21, 2024 by the Verkhovna Rada of the draft law “On Compulsory Insurance of Civil Liability of Owners of Inland Motor Vehicles” will hold a familiarization course on the main provisions of the bill, according to the website of the Bureau.
The familiarization course will consist of four sessions (by sections of the draft law), which will be held on the official YouTube channel of the MTSBU on Fridays at 10:00, lasting 1 hour 30 minutes, of which 30 minutes will be allocated for answering questions.
The tentative plan of the lectures is as follows: Session 1: Basic fundamentals of the New Law on CMTPL insurance and the procedure for concluding insurance contracts (І-ІІІ section of the draft law), Session 2-3: Settlement of insurance claims and the procedure for making payments (III section of the draft law), Session 4: Updating the functional work of the MTSBU and the basic principles of insurance companies’ membership in the Bureau (IV section of the draft law).
At a meeting on Thursday, the Cabinet of Ministers approved an intergovernmental agreement with the United States to raise $7.849 billion in economic aid for the Ukrainian budget.
“Today we are approving a draft agreement between Ukraine and the United States, which will allow Ukraine to receive about $7.9 billion in financial and economic support. These are funds under the new US aid package that will be allocated to the Ukrainian budget,” Shmyhal said at a government meeting.
According to the text of the agreement, published in Telegram by MP Yaroslav Zheleznyak, another $50 million will be allocated to prevent and respond to food insecurity, but the list of recipient countries will be determined later.
In addition, Ukraine may be among the countries that will receive another $1.575 million in economic assistance.
It is noted that the United States provides funds on an interest-free loan with the condition of repayment in one payment 40 years after September 30, 2025. At the same time, the agreement provides for the possibility of writing off part or all of this debt by the US President: after November 15, 2024, up to 50% of the loan may be canceled, and after January 1, 2026, the entire amount of debt may be canceled.
Metinvest Group’s Kametstal Iron and Steel Works (Kamianske, Dnipro Oblast) has installed a new single-stage blower in cooperation with YASNO Energy Efficiency, which will help reduce energy consumption and cut operating costs in the process of blast furnace gas injection at gas-assisted compressor station No. 6.
According to the company, the new gas blower, which plays a key role in the technological process of transporting blast furnace gas of the required performance and pressure parameters for rollers, has an average electricity consumption of 200 kWh, taking into account the efficiency of the electric motor and control system. The capacity and pressure control is ensured by the installed guiding apparatus and a 0.4 kV frequency converter. The control systems are individually designed on the basis of a Siemens controller to operate in automatic mode within the specified performance range.
It is specified that the hourly power consumption of the previous equipment averaged 650 kWh. With a nominal capacity of 850 kWh, it required manual adjustment of the required parameters, which also reduced the stability of maintaining the required performance parameters and pressure of blast furnace gas in the existing pipelines through which it is transported to the heating furnaces of the pipe billeting mill.
A modern European-made supercharger was installed at the existing industrial site. Thanks to the optimal solutions implemented by the company’s power engineers, the maximum amount of available process equipment was used. Along with the dismantling of the previous equipment, the contractors relocated existing utilities, reconstructed the electrical room, and laid a new cable line from the substation to the gas compressor station 6.
“Kametstal was established on the basis of PJSC Dnipro Coke and Chemical Plant (DKKhZ) and PJSC Dnipro Metallurgical Plant (DMK).
According to the 2020 report of Metinvest Group’s parent company, Metinvest B.V. (Netherlands) owned 100% of the shares in DCCP.
