Cardboard and paper mill Papir-Mal (Malyn, Zhytomyr region) produced UAH 41.11 mln in January which is more than 2.7 times more than in January 2022.
According to statistics from the association “UkrPapir” given to the agency Interfax-Ukraine “in physical terms increased by 2.4 times containerboard production (including paper for corrugation) – up to 6.3 tons, while the production of paper-base for sanitary products declined by 25.6% – to 0.35 tons, toilet paper rolls – by 16% to 1.5 million pieces.
Overall, the output of paper and paperboard increased 2.1-fold to 6.65 thousand tons.
As reported, last year the mill put into operation the second cardboard machine (KDM) with a production capacity of 800m/min (twice as much as the first), which allowed “Papir-Mal” to reach a positive dynamics of paper and cardboard production by the end of the year, despite the fall in paper output by 37%.
With the beginning of a full-scale military aggression of Russia against Ukraine on February 24, 2022 the mill completely stopped production and postponed the launch of the second paper machine, but in March it resumed production.
The production volume of the company in 2022 decreased by 4.7% against 2021 – to 247 million hryvnias.
French Minister of Environmental Transformation Christophe Béchou said on Franceinfo that a drought prevention committee was convened Thursday, to be followed on Monday by a meeting of all the prefects of the national territory.
“This winter is the driest since 1959,” the minister recalled, answering questions from the channel on Wednesday.
He said that France was on “drought alert.” The country has not had any significant rain for 31 days, although precipitation is expected in some places starting Feb. 22.
A meeting with prefects is expected to “look at territory by territory, what things are like,” Beshu noted.
He confirmed that strict restrictive measures on water use could be announced Monday, to begin in March, “to avoid catastrophic situations this summer.”
In view of this prospect, the minister urged that efforts to conserve water be made “already now.” To date, restrictions are already in force in parts of the eight departments of the country. In four departments, emergency water control is in place.
Climatologists are very concerned about the insufficient level of underground water reserves. The French aquifers are “two months late, in terms of filling,” according to Béchu. “It’s fixable, but we need a rainy March, we have two months ahead of us,” the minister explained.
He said that an “extensive water plan” of about fifty measures will be presented in the coming days. The French, in particular, will be encouraged to moderate the use of drinking water for technical and agricultural purposes. The minister also advocated a greater use of treated wastewater in agriculture.
In the summer of 2022, many regions in France experienced a historic drought.
Investments by Ukraine’s largest mobile operator Kyivstar in alternative power supply exceeded UAH 350 million, the company said on Tuesday.
According to the report, the company increased by 75% the number of generators for alternative power supply of base stations, as well as installed more than 18 thousand batteries of a new type with a longer service life.
The release also says that since February 2022 Kyivstar’s specialists have renewed more than 7 thousand base stations and built 700 new base stations for 4G network operation, due to which the territory of the company’s 4G network operation has increased by 6-20% depending on the region.
The operator recalled that during the war about 18% of base stations of the company’s mobile communications were significantly damaged, but thanks to early backup of additional communication channels, the transfer of nodal base stations to the remote from the frontline cities, almost 90% of Kyivstar telecom network is now in working order.
According to the report, since the beginning of the war, Kyivstar specialists restored 600 base stations, replaced 1.2 thousand km of damaged fibre-optic cable, eliminated 140 thousand emergency situations on the infrastructure and returned mobile communications to 815 settlements.
As reported, in early January 2023 Kyivstar announced its plans to increase the number of stationary and mobile diesel generators at other sites of the network by 40% to 14 MW.
Earlier, in December 2022 Yurii Matsyk, director of the department of fixed-line Internet development of the Ministry of Ukraine, noted that only 7% of 32 thousand mobile stations are equipped with generators and 93% – with accumulators. According to him, generators with a capacity of 20-30 kW are needed for the communication node, where there is traffic switching. For the base station – 6-8 kW.
Ukrainian banks’ profits in January 2023 amounted to 14.694 billion UAH, which is 2.1 times more than during the same month in 2022 (7.145 billion UAH), the press service of the National Bank of Ukraine (NBU) said Wednesday.
The regulator noted that banks’ revenues in January increased by 55% to UAH 38.65 billion, and expenses – by 35%, to UAH 23.956 billion.
At the same time, the fee and commission income rose by 4.6% – to UAH 8.3 billion.
At the same time the result of revaluation and from purchase and sale operations was positive and amounted to UAH 5.9 billion, while in the same period last year it was negative and amounted to UAH 42 million.
At the same time, deductions to the reserves rose by 58%, to 2.488 billion UAH, and the commission expenses increased by 31%, to 3.985 billion UAH,
As reported, the Ukrainian banks in 2022, net profit decreased by 3.1 times – to 24.716 billion UAH compared with 77.376 billion UAH in 2021.
People’s assessment of their well-being in 2021-2022
Source: open4business.com.ua and experts.news
Oil continues to fall on Wednesday after a decline in previous trading.
Investors are evaluating the forecasts of global demand for fuel amid uncertainty about the global economy, writes MarketWatch.
At 8:05 Moscow time, quotations of April futures for Brent oil fell by $0.27 (0.33%) and totaled $82.78 per barrel at ICE Futures Exchange in London. Those contracts fell by $1.02 (1.2%) to $83.05 per barrel on Tuesday.
The price of WTI April futures on NYMEX fell by $0.27 (0.35%) to $76.09 per barrel. At the end of previous trading the value of contracts went down by $0.19 (0.3%) to $76.36.
The market’s attention is focused on the publication of the Federal Reserve’s meeting minutes on Wednesday, Bloomberg notes.
“Expectations of a more hawkish position by the Fed continue to grow, which puts strong pressure on the oil market,” Warren Patterson, head of commodity markets strategy at ING Groep NV in Singapore, believes.
