National Nuclear Generating Company Energoatom plans to sign an agreement with the French operator of nuclear power plants Electricite de France SA (EDF) on cooperation in the development of nuclear energy, Head of the company Petro Kotin has said.
“Today, we are preparing a memorandum with EDF on cooperation in the development of nuclear energy in Ukraine and in the world. A lot of issues are being worked out there regarding the current operation of units, equipment modernization, personnel training, as well as the development of nuclear facilities in the future. Now we have provided them with our version of the memorandum, they are considering it,” Kotin said in a commentary to Energy Reform during a visit to the Central Spent Nuclear Fuel Storage Facility.
He said he met with Head of EDF Jean-Bernard Levy at a nuclear exhibition in Paris (November-December 2021), where it was agreed on the need to establish cooperation.
According to Kotin, it can become fruitful and profitable for both companies.
“EDF is the world’s largest operator of nuclear power plants. If we produced 86 billion kWh last year, which is the highest result in the last six years, then they produced 360 billion kWh. But we are the second in terms of electricity production in Europe, except for the Russian Federation,” the head of Energoatom said.
At the same time, he admitted that cooperation with EDF could eventually extend to the development of small modular reactors in Ukraine.
“Now this issue is dealt with by many companies, all large organizations that have expertise in this area. Some have conceptual solutions at the stage of coordination with regulatory authorities, many are still at the concept stage,” Kotin explained, adding that “the horizon for the use of small modular reactors is another six-eight years.”
As reported with reference to Deputy Head of the President’s Office Rostyslav Shurma, Ukraine plans to cooperate with French EDF, in particular, in the construction of new units of nuclear power plants (NPPs) in the country.
EDF operates more than 70 nuclear reactors, including 58 in France, and is among the world’s largest nuclear power plant operators. In addition, EDF owns stakes in generating companies in many European countries, the USA, Brazil, Chile, Mexico, China, India, and Morocco.
The average level of provision of Ukrainian agricultural enterprises with mineral fertilizers for spring field work as of January 28, 2022 was 22%, having increased by 11% over the period of January 20 through January 28, according to a presentation on the website of the Ministry of Agrarian Policy and Food on Friday.
According to the ministry, it does not yet have data on fertilizer stocks in six regions: Zakarpattia, Kyiv, Lviv, Sumy, Kherson and Cherkasy.
Kharkiv (65% of the total demand) and Zaporizhia regions (57%) are best provided for the upcoming sowing season, followed by Chernivtsi and Ivano-Frankivsk (40% each), Kirovohrad and Khmelnytsky (29% each), Vinnytsia and Zhytomyr (26% each), Ternopil (25%), Donetsk (24%), Dnipropetrovsk (20%), Mykolaiv and Odesa (17% each), Volyn (14%), Poltava (12%), Chernihiv (10%), Rivne ( 6%) and Luhansk (4%) regions.
Ukraine will spend at least $4-5 billion to stabilize the economic situation, President Volodymyr Zelensky has said.
“To stabilize our economy, we will spend about $4-5 billion. I do not count on a smaller figure, this is the amount we need,” Zelensky said at a briefing with foreign media representatives in Kyiv on Friday.
The President said that the West, providing Ukraine with funding and assistance, gives an appropriate signal of support for the country.
“But the question is still not in the amount, but in the fact that they believe in the economy of Ukraine and send the appropriate signals,” Zelensky said.
The mobile network operator Kyivstar in the fourth quarter of 2021 increased its total revenue by 12.5% year-over-year, to UAH 7.537 billion, according to the company’s website.
According to the published data, for the specified period, Kyivstar increased EBITDA by 8.7% compared to the same period last year, to UAH 4.839 billion. At the same time, the EBITDA margin fell by 2.3 percentage points (pp), to 64.2%.
Total operating income grew by 12.3%, to UAH 6.993 billion.
In the fourth quarter of 2021, the use of mobile Internet per subscriber increased by an average of 20% compared to the same period in 2020, to 7.1 GB.
The use of international roaming services, in particular data transmission, also increased year-over-year. The number of Kyivstar subscribers using 4G services in its network grew by 30.5% compared to the fourth quarter of 2020, to 12.1 million.
The total number of Kyivstar mobile subscribers over the specified period rose by 1.2% compared to the fourth quarter of 2020, to 26.2 million subscribers.
Kyivstar fixed-line internet and TV revenues grew by 11.9% thanks to the 7.3% increase in the number of Home Internet service customers. The total number of clients of the Home Internet service in the fourth quarter of 2021 reached 1.2 million.
Kyivstar’s operating CAPEX in the fourth quarter of last year rose by 45.7%, to UAH 1.8 billion.
Kyivstar is the largest Ukrainian telecommunications operator. It provides communication and data transmission services based on a wide range of mobile and fixed-line technologies, including 3G. By the end of 2020, its services were used by about 25.9 million mobile subscribers and about 1.1 million fixed-line Internet customers.
Kyivstar’s shareholder is the international group VEON (formerly VimpelCom Ltd.). The group’s shares are listed on the NASDAQ stock exchange (New York).
