DTEK Energy plans to increase production of coal in Ukraine by 5-7% in 2018 compared to 2017, 24-24.6 million tonnes, The company’s CEO Dmytro Sakharuk told journalists. “This year, we plan to produce more than 24 million tonnes of rough coal,” he said.
According to him, coal imports by DTEK in 2018 are expected at up to 2 million tonnes, including about 1 million tonnes from DTEK’s anthracite mines in Russia’s Rostov region for Luhanska thermal power plant, and another 1 million tonnes for Kryvorizka thermal power plant, which also consumes anthracite.
In addition, DTEK intends to export about 5 billion kWh of electricity in 2018, which corresponds to the figures of the previous year.
DTEK Energy, which was created in 2005 as part of Rinat Akhmetov’s System Capital Management, is a key player in the Ukrainian coal industry. DTEK Energy assets are represented by 16 mines and 5 coal-processing plants. Total coal production in 2016 amounted to 29.2 million tonnes, accounting for about 70% of total production in Ukraine.
Risoil S.A. increased grain transshipment by 20,000 tonnes of grain per day, to 1.64 million tonnes, in the 2017/2018 marketing year (July 2017 through June 2018).
“Risoil increased oil transshipment by 11% as compared to last season. As for grain and products of processing, the results stably exceeded planned 1.5 million tonnes. The group transshipped 1.62 million tonnes of grain plus products of processing in the 2016/2017 season and 1.64 million tonnes in the 2017/2018 MY,” the group said in a post on its Facebook page.
Risoil S.A. was established in Geneva (Switzerland) in 2000. Its core business is logistics of oil, bulk and general cargo in the ports of the Black Sea, sale and production of vegetable oils, trade in grain and oilseeds in containers, storage and processing of agro-industrial products.
Risoil Terminal in Chornomorsk seaport was commissioned in 2016.
Some 4.6% of foreign direct investment (FDI) companies in Ukraine produce 34.9% of gross value added (GVA), according to a survey conducted by the German Advisory Group and Ukraine’s Institute for Economic Research and Policy Consulting. “Some 4.6% of FDI companies in the non-financial sector employ 20.4% of salaried employees and produce 34.9% of GVA,” expert of the German Advisory Group Ukraine David Saha said while presenting the survey during a press conference hosted by the Interfax-Ukraine News Agency on July 12, 2018.
He added that the average monthly labor costs per employee of FDI companies were 57% higher than that of domestically owned enterprises.
“With the help of the IMF methodology we evaluated the amount of foreign investment in Ukraine at $27.5 billion in 2016. This is $650 per Ukrainian individual, while in Belarus this index is $2,000 and in Estonia – $14,000,” he said.
In turn, Acting Finance Minister of Ukraine Oksana Markarova noted that the government expected intensification of foreign investment due to privatization as well as improvement of business climate for both foreign and Ukrainian companies.
“We’ve managed to return Ukraine to the investment map over the recent year and a half. Numerous global brands, which earlier were just scrutinizing Ukraine, either have entered Ukraine, like Fujikura or a cluster of German companies in western Ukraine, or have announced about their plans to enter the Ukrainian market,” Markarova said.
The production of milk in Ukraine (excluding the temporarily occupied Crimea and Sevastopol, part of Donbas) in January-June 2018 declined by 1.8% compared to the same period in 2017, to 4.955 million tonnes. At the same time, egg production in the first six months grew by 2.8% compared to the same period in 2017, to 8.187 billion eggs, the State Statistics Service of Ukraine said.
Production of meat (in live weight) in January-June 2018 fell by 0.6%, to 1.551 million tonnes.
According to earlier statistics reports, milk production in Ukraine in 2017 decreased by 0.5% from 2016, to 10.329 million tonnes, meat (in live weight) by 0.4%, to 3.259 million tonnes. Production of eggs in 2017 rose by 3.2%, to 15.578 billion eggs.
