Supernova Airlines, which is part of the Nova Posta group of companies, received a Ukrainian operator’s certificate on January 6, allowing it to start cargo flights, the press service of Nova Posta said on Monday.
“We are the first Ukrainian carrier that was able to meet all the requirements and received the operator’s certificate in conditions of war. This is an example of the indestructibility of Ukrainians and a reminder to other businesses that now is the best time to invest in Ukraine,” Supernova Airlines director Yaroslav Krasnozhon said in the press release.
He emphasized that the company believes in VSU and understands that fast and safe logistics is very important to speed up the victory and provide Ukrainians with the necessary goods.
The first flight with cargoes of Nova Posta Global’s clients is planned for spring 2023, the report says. For this purpose the company already has two AN-26s, which it uses on leasing terms (UR-UZI and UR-UZM – IF).
According to the state register, the owner of both Supernova Airlines aircraft is Expedition Aviation (FZC) from the UAE.
“Supernova Airlines will operate flights from Ukrainian international airports Boryspil and Lviv after the end of the war, and while the Ukrainian sky is closed for flights, air transportation will be carried out from the nearest European airports to Ukraine,” the company said.
As reported, on October 1, 2021 Nova Posta group launched its own airline Supernova Airlines, which delivers international cargo, has its own fleet and is subordinate to Nova Posta Global.
In Ukraine the corn harvest of 2022 remains unharvested from 15% of the area, so because of the wintering of part of the crop in the fields its quality will be much worse than in a more favorable 2021.
The head of the Ministry of Agrarian Policy and Foodstuffs of Ukraine Mykola Solsky said at a briefing in Kiev on Monday that the final quality of corn harvested in 2022 will be judged in February, after the end of its harvesting.
“Day by day its (unharvested corn – IF-U) quality worsens. Of course, farmers, elevator operators and traders know how to work with it and level out the quality indicators. However, compared with last year (2021 – IF-U) the quality will be much worse. We will be able to say exactly how much worse at the end of February, because significant amounts of corn remain in the fields,” the minister said.
Solsky recalled that by the beginning of last year’s winter corn was not harvested from one-third of the area, while now this figure is about half as much, but it is still too much.
“We have a much worse crop this year because for a number of reasons we have entered a prolonged harvest, which in itself is quite difficult: severe temperature fluctuations prevent farmers from working and damage the quality of grain. I think the percentage of losses, depending on the farmer, can be from a few percent to 15%. It depends on the type of corn, moisture content, with which he “came in” at the beginning of the frost, the current temperature drop,” – the Minister explained.
Earlier Minagropolitiki reported that by January 13, Ukraine harvested a total of 23.5 million tons of corn from 3.6 million hectares, including 1.4 million tons of corn from 0.2 million hectares during the week of January 6-13. 15% of the planned areas are not harvested.
As reported, Ukraine in 2021 harvested a record crop of cereals, legumes and oilseeds at 106 million tons: 84 million tons of cereals and legumes (including 40 million tons of corn), and 22.6 million tons of oilseeds.
Smart Holding, a large Ukrainian investment and industrial group and international investor, announced a change of owner, which until recently was former MP Vadym Novinsky, as a result of the completion of another round of the current restructuring.
“As part of the restructuring, Smart Holding founder Vadim Novinsky decided to transfer the assets to a trust. The relevant Smart Trust and Step Trust agreements were concluded in November 2022 and registered with the Cyprus Securities and Exchange Commission,” the group said on its website on Monday.
According to it, the trustees were highly qualified fiduciary administrators appointed in accordance with the licensing conditions of Cyprus law.
“Accordingly, the fiduciaries (trusts) fully own, control and manage the Group’s assets… According to the foregoing, as of the current date, Vadim Novinsky has no beneficial interest in the Group and exercises no control over the Group’s activities or processes,” the information notes.
According to it, Novinskiy, who has not participated in the management of Smart Holding since 2013, decided to concentrate his activity on private interests.
As reported, the President of Ukraine Vladimir Zelensky decree of December 1, 2022 introduced the decision of the National Security and Defense Council “On certain aspects of the activities of religious organizations in Ukraine and the application of personal special economic and other restrictive measures (sanctions)”, which sanctions were also applied to Novinsky.
The sanctions package includes 12 types of imposed restrictions, in particular, full blocking of assets, a ban on trade operations, deprivation of all state awards and insignia, a ban on taking capital out of Ukraine, etc.
In a statement, Smart Holding stresses that it continues to work as usual, it is led by a professional management team, conducting business in conditions of economic and civil crisis caused by the war with Russia.
The information indicates that representatives of the trust, as the beneficial owner, together with Smart Holding management are finalizing a new corporate governance structure and management structure for Smart Holding in accordance with best international practices, and are in the process of selecting new board members.
“Smart Holding has a mission to support the Ukrainian economy to withstand the devastation of war. The group will be actively involved in the post-war reconstruction of the country. We also have ambitious investment goals as part of our international development strategy. We believe that with the accumulated talent and experience in the management team, the company will renew its assets and become stronger”, – Smart Holding CEO Yulia Kiryanova was quoted in the report.
Smart Holding is one of the largest investment groups in Ukraine and one of its main assets is a 23.76% stake in the mining and metallurgical holding Metinvest. Group companies also invest in other assets of mining, metallurgy, oil and gas, agriculture, shipbuilding, real estate and energy sectors. The holding’s strategy is aimed at effective management of a diversified portfolio of investments in order to increase its value in the long term, according to its website.
PrJSC “Marganets Mining and Processing Plant” (MGOK, Dnipropetrovsk region), following the results of work in 2022, reduced the production of manganese concentrate by 41.2% compared to the previous year – to 324 thousand tons.
According to the information of the enterprise, MGOK, like other mining and metallurgical enterprises of Ukraine, has been going through difficult times for more than 10 months. Due to the outbreak of a full-scale war, many enterprises could not operate at full capacity, and some stopped their activities.
At the same time, already in March, a difficult situation developed at MGOK: almost all production plans were adjusted, since many employees of the plant, especially longwall miners, were drafted into the ranks of the Armed Forces of Ukraine.
“However, having more or less stabilized its work, having developed the necessary production plans and actions for their implementation, MGOK continued its mining activities, and it completed 2022 quite successfully,” the company’s information states.
At the same time, it is noted that the main indicator of the successful activity of MGOK is the work of the Grushevskaya enrichment plant (GOF), which produces manganese concentrate – the main source of profit for the enterprise. However, due to the active conduct of hostilities and a number of other reasons, since October 2022, the GOF has accepted raw manganese ore mined by the mines and the quarry of the plant, only for storage. During the last period of last year, specialized repair teams were engaged in the repair of equipment and equipment of the factory.
“In this regard, the “minus” from the total production of concentrates amounted to 2.8 thousand tons – in total in 2022, a little more than 324 thousand tons of concentrate (99.1%) were produced, and from the additional production, the plant worked with a “plus” in 32 tons – in total, 732 tons of concentrate (104.6%) were withdrawn from the enrichment tailings,” the company says.
According to the company’s data, MGOK worked with a “plus” of 31.45 thousand tons in the treatment of raw manganese ore, having extracted 894.5 thousand tons of ore through the joint efforts of the shops, with an adjusted plan of 863 thousand tons. Thus, all mines and the Grushevsky quarry fulfilled their annual plans for the extraction of raw manganese ore.
Thus, mine No. 3/5, with a plan for 2022 for the extraction of ore in the amount of 73 thousand tons, despite the somewhat unstable operation of the shop and the work of only one cleaning team, exceeded the target by 2.7 thousand tons. Tunneling work was not carried out by this underground mining shop during 2022, since the tunneling team was transferred earlier than planned to excavate mine workings at mine No. 14/15.
Mine 9/10 achieved its planned volumes for the extraction of raw manganese ore for 2022 by 102.7% – in total, just over 309 thousand tons of ore were mined.
The cleaning team of mine No. 14/15 for 2022 mined 233.5 thousand tons of raw ore, against the planned 226.9 thousand tons.
Grushevsky quarry, with a plan for ore extraction of 273.3 thousand tons, produced 286.598 thousand tons.
As reported, MGOK produced 551.43 thousand tons of concentrate in 2021 (at the level of 2020).
MGOK develops the eastern part of the Nikopol manganese ore deposit (Grushevsko-Basansky site). The plant, in particular, includes four operating mines, including one under construction, one quarry – Grushevsky, and a processing plant.
According to the company at the end of June 2022, the largest shareholders of PrJSC are Couttenmax Holdings Limited, Mosfilia Investments Limited and Humax Enterprises Limited, each owning 23.89% of PrJSC each, as well as Fianex Holdings Limited (all Cyprus), which owns 24% shares.
The authorized capital of PJSC “MGOK” is UAH 366.625 million, the par value of the share is UAH 0.25.
Dynamics of changes in level of wages in Ukraine for 2020-2022 (%)
Source: Open4Business.com.ua and experts.news
In January-November 2022, the coke-making division of Kametstal (formerly Dniprovsky Coke Chemical Plant, Kamenskoye, Dnipropetrovsk Region) of Metinvest Mining and Metallurgical Group reduced its output of metallurgical coke by 27.7% year-on-year, to 365 thousand tons.
As a company representative told Interfax-Ukraine, in November the company produced 30 thousand tons of metallurgical coke.
Meanwhile, in January-November 2022 the gross coke output at 6% moisture amounted to 420,000 tons, including 34,000 tons in November.
In 11 months-2021, the plant produced 505 thousand tons of coke, including 43 thousand tons in November.
In 11 months 2022 the plant was supplied 581 thousand tons of coals and concentrate, including 490 thousand tons of domestic coals, 36 thousand tons from the Russian Federation (before the war) and 55 thousand tons from the United States. In November, 56,000 tonnes of coking coal of Ukrainian production were supplied.
As reported, holding plants in Ukraine for 11M-2022 decreased the production of gross coke 6% moisture by 58.1% compared to the same period in 2021 – up to 3.66 million tons. At the same time in November, 235 thousand tons of gross coke, including metallurgical coke – 204 thousand tons, during this period production of metallurgical coke was 3.14 million tons.
Currently, Yuzhkoks, Kametstal, DMZ (“Dneprokoks”), Zaporizhkoks and coke-chemical production at ArcelorMittal Kryvyi Rih are in operation.
During 11 months of 2022, 4.254 million tons of coal concentrate was supplied to domestic coke plants (11 months-2021 – 11.834 million tons), including Ukrainian production – 2.853 million tons, 623.9 thousand tons were imported from Russia (before war), 65.4 thousand tons from Kazakhstan (before war), Poland – 36.3 thousand tons, Czech Republic – 38.8 thousand tons, USA – 448.6 thousand tons and Australia – 187.3 thousand tons. Including 308 thousand tons of concentrate supplied in November, of which Ukrainian production – 299 thousand tons.
Ukraine in 2021 decreased coke output by 1.3% compared to 2020 – down to 9.543 million tons.
“Kametstal” was created on the basis of PJSC “Dneprovskiy Coke Chemical Plant” (DKHZ) and the CEC of PJSC “Dneprovskiy Metallurgical Plant” (DMK).
According to the report of the parent company of Metinvest Group for 2020, Metinvest B.V. (Netherlands) owned 100% of DKHZ shares.
