Delta Wilmar Ukraine LLC, a member of the group of the transnational corporation Wilmar International, on November 15 at the plant in the village of Novi Biliary (Odesa region) launched the tenth line for bottling sunflower oil under the Chumak brand, which will also become the second line for filling oil in containers of 1.8 liters, 3 liters and 5 liters, according to the company’s Facebook page.According to him, the sales market for products in containers of increased volumes is the Middle East and Africa, where people live mainly in large families and, accordingly, buy oil in large containers.The sunflower oil producer specified that its products are exported to 40 countries of the world.As reported, Delta Wilmar in 2020 opened a new workshop for processing and packaging margarine and fat products at an enterprise in Odesa region, investments in which amounted to more than $ 29 million.Delta Wilmar Ukraine LLC is part of the group of the transnational agro-industrial corporation Wilmar International, the market capitalization of which is estimated at $ 22 billion.In Ukraine, it owns two plants – one for processing tropical oils, the other for processing oilseeds, as well as a complex for transshipment of vegetable oils in Pivdenny port. All enterprises are located in the village of Novi Biliary, 30 km from Odesa.In the 2020/2021 marketing year (September-August), the company produced 153,000 tonnes of refined sunflower oil, its share in the Ukrainian product market was 16.6%.
The presentation of the Training Center for Public Servants of Yuriy Yekhanurov took place in Kyiv on Tuesday, training at the center will start on February 15, 2022.
“You can be successful when you get a proper education. This is how the idea of creating a Training Center for Public Servants, which I gave my name to, appeared. With my friends and colleagues, we are now forming this direction,” former Prime Minister of Ukraine (2005-2006) Yuriy Yekhanurov said at a press conference at Interfax-Ukraine on Tuesday.
According to him, an advisory center will also operate at the Training Center, which will answer practical questions of territorial communities, in particular, from the legal sphere.
The organization of the Training Center will be carried out by the Key Persons public organization. Its executive director Olha Shaverina said that several training formats are expected, in particular, short-term courses on a modular system throughout the year, and that it is also planned to open a higher educational institution in the future.
According to Shaverina, the Training Center will have five departments: “Public Management and Administration,” “Public Finance Management,” “Project Management,” “Cybersecurity and Digitalization,” “Public Property.”
Turkey is continuing negotiations with Gazprom on the bulk of contracts for gas supply to the country through the Turk Stream pipeline, Turkish Deputy Energy and Natural Resources Minister Alparslan Bayraktar told reporters.
“We are in talks with Gazprom to increase gas supplies to Turkey because there is a free, uncontracted capacity of 9.75 billion cubic meters of gas in Turk Stream. The contracts expire this year, so there will be such spare capacity in Turk Stream in 2022. We’re talking about new contracts, renewal of some contracts, we are negotiating, I cannot say anything more at this stage,” he said.
He admitted that the situation with Russian gas supplies was complicated by the problem of private importer companies: “The real problem with private importers is arbitration – they offered a discount, then won the arbitration, so private importers suffered.”
“‘Gazprom needs to understand the needs of the domestic market, because today the price of gas is quite important, and it is not easy to increase the price of gas for the population, no one wants to pay more,” the Turkish official added.
“I think Gazprom wants to sell more gas to Turkey, Turkey needs gas, so it’s a ‘perfect alliance.’ Turkey is a growing market, gas consumption is growing, I think Gazprom has the capacity to supply gas to both Turkey and Europe, we have the infrastructure, enough gas pipelines, so I don’t see any problem,” Bayraktar said.
Gas consumption in Turkey is expected to rise to a record 60 billion cubic meters in 2021.
In 2015, Gazprom granted a discount of 10.25% to private Turkish importers, but a year later demanded its cancellation. Claims against Akfel Gaz, Bat Hatt, Kibar Enerji, Avrasya Gaz, and Enerco Enerji were filed with the Arbitration Institute of the Stockholm Chamber of Commerce and arbitration in accordance with UNCITRAL regulations. The arbitration bodies cancelled the discounts for private companies as of January 1, 2017. Failure or difficulty in enforcing the arbitration court ruling in Gazprom’s dispute with Turkish private importers is holding back Russian gas supplies to the country. As a result, some of the former private buyers may not participate in negotiations on new contracts and may be replaced by other importers.
Since the beginning of the 2000s, Turkey has embarked on a liberalization of the natural gas market, under which most of the contracts of state-owned Botas have been reassigned to private importers. However, after a failed coup attempt in 2016, Law N674, “On Measures Under the State of Emergency Regime,” was passed, and external management was imposed on these companies by the state Savings Deposit Insurance Fund (TMSF), which effectively meant nationalization.
Ovostar Union, one of the leading producers of eggs and egg products in Ukraine, in January-September 2021 received $2.85 million in net profit, which is a quarter less than for the same period in 2020, its EBITDA decreased by 29% – to $5.4 million.According to the company’s report, published on the website of the Warsaw Stock Exchange, Ovostar’s revenue for the nine months of 2021 increased by 39% – to $94.36 million, its gross profit decreased by 5% – to $10.95 million, operating profit – by 51%, to $2.22 million“In the nine months ended September 30, 2021, the increase in fixed assets of the group of companies amounted to $570,000 (September 30, 2020: $2.21 million). In particular, the group purchased equipment for poultry houses for $420,000 and allocated $156,000 for capital expenditures,” the report explains. The document states that the assets of the agricultural holding as of September 30, 2021 increased by 8% compared to the same date last year, to $142 million, its long-term debt liabilities increased by 19.6%, to $6.99 million, and the current ones decreased by 2%, to $21 million.
The indicator of economic sentiment in Ukraine, calculated by the State Statistics Service, in the fourth quarter of 2021 increased to 98.7% from 98.5% in the third quarter, from 96.9% in the second and from 90.2% in the first quarter of this year.
According to the State Statistics Service, the indicator of business confidence in retail trade – the only one of five in the area of positive values – deteriorated from 6.8% to 4.3% in the third quarter.
At the same time, the values of other indicators of business confidence improved, albeit slightly: in construction to minus 22.4% from minus 23.6%, in the service sector – to minus 10.8% from minus 12.8%, in processing industry – to minus 6.4% from minus 7.5%.
The consumer confidence indicator rose to minus 21.1% from minus 21.2% in the third quarter.
As reported, the calculation of the economic sentiment indicator was first started in the first quarter of 2017. The index reached a record high level of 110.9% in the fourth quarter of 2019, however, since the onset of the coronavirus crisis in the world, it first dropped to 108.4%, and then collapsed to a record low of 73.3%.
The agency indicated that the indicator was calculated in accordance with the methodology for calculating indicators of business expectations in accordance with the requirements of the expanded Special Data Dissemination Standard of the International Monetary Fund, updated by the State Statistics Service in December 2017.
Business confidence indicators, by sector, are assessed based on surveys on the current level of orders and finished goods inventory, changes in sales volumes over the past three months, forecast of changes in production/sales volumes and the number of employees in the next three months.
The largest contribution in the economic sentiment indicator definition is the contribution of the indicator of business confidence in industry – 40%, followed by the service sector – 30%, construction with retail trade – 5% each. The weight of consumer sentiment is 20%.
Ukrzaliznytsia plans in 2022 at its own enterprise – Paniutyne Wagon Repair Plant – to build 50 new grain carriages, head of the Ukrzaliznytsia board Oleksandr Kamyshin has said.
“Next year we plan to replenish the fleet of grain carriers, which are in a consistently high demand in the freight market. We are already placing an order at our Paniutyne car repair plant for the manufacture of 50 new-type grain carriages, which are entirely in-house development of the enterprise. We are launching the serial production of these cars,” he said.
He also added that the first best-performing grain carriage was manufactured and put into series production in 2019.
The total fleet of grain carriages of Ukrzaliznytsia is 11,400 units, and the company plans to renew it in the coming years.
To this end, the company has developed a concept for the renewal of the freight car fleet until 2028, according to which, in the next 7 years, in particular, it is planned to build and update almost 15,000 grain carriers, including 3,600 at the enterprises of Ukrzaliznytsia.
A car for bulk transportation of grain and other bulk food cargoes, model 19-6938, was developed by Paniutyne carriage repair plant, a branch of Ukrzaliznytsia. The prototype was made in 2019. Its volume has been increased to 120 cubic meters, while the maximum volume of old grain carriers is 94 cubic meters. The design speed of the car is up to 120 km/h. The car is certified and intended for operation on the railways of Ukraine and the member states of the Rail Transport Council.