PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has signed an agreement worth almost $30 million with the Chinese company CISDI for the modernization of the largest blast furnace (No. 9).
According to a press release of the company, the contract includes the development of engineering, the supply of basic equipment, its installation, supervision and training of the metallurgical plant’s personnel.
It is noted that the company has four blast furnaces, of which DP-9 is the largest one, its useful volume exceeds 5,000 cubic meters. It produces about half of all pig iron at the steel plant and is still considered one of the largest in Europe.
The modernization of the furnace will increase its productivity to 10,000 tonnes of pig iron per day using the existing raw materials and up to 12,000 tonnes using sinter and pellets. ArcelorMittal Kryvyi Rih plans to produce pellets after the construction of a pelletizing plant (the declared capacity is 4.5-5 million tonnes per year). Both projects are the key ones in the enterprise’s investment program for the renovation and construction of production facilities.
MS Social Project LLC (Kyiv), part of ICU Group, has announced the construction of Ukraine’s largest plant for recycling unsorted household solid waste using a special technology in Zhytomyr.
“The plant is expected to process about 82,000 tonnes of waste annually,” according to a report the company’s website.
“The technology provides for a closed semi-automatic waste treatment system consisting, in particular, of an installation for processing mixed and pre-sorted waste, a technology for the production, grinding and packaging of RDF fuel (for cement plants), a plant for processing biodegradable waste and eco-compost production, sites for recycling household and construction waste, as well as roof solar panels. The possibility of compost production using an anaerobic process is being considered,” the report says.
The processing depth of this technology is expected to reach 85–95%.
MS Social Project announced its intention to build the plant in July 2018, the investment volume was estimated at EUR 7-10 million.
Ukrzaliznytsia (Kyiv) has approved a concept of creating Station Company branch using a model of Germany’s Deutsche Bahn, Director for Strategic Development and Investment Policy at Ukrzaliznytsia Anton Sabolevsky has said in an interview with the Magistral news center.
He said that the implementation of the roadmap for the establishment of the branch will begin by the end of 2019.
“Our goal is to improve the station management system, to increase the efficiency of their activities, including by minimizing duplicate functions. The main goals include reducing financial costs,” Sabolevsky said.
At the same time, he recalled that the negative financial performance of the stations of the Passenger Company branch of JSC Ukrzaliznytsia in 2018 amounted to UAH 405 million.
The reorganization will take place in three stages. First, stations, which are now managed by the Passenger Company will be transferred to the new branch. Next, first-third class facilities of regional branches will be transferred in stages (in total, 106 stations at the first stage). Then the turn of fourth-fifth class facilities (around 1,200) will come. Subsequently, the flag stations will join them. There are almost 2,300 of them in Ukrzaliznytsia, Sabolevsky said, explaining the action plan for the near future.
According to him, the staff will also be transferred to the new branch.
Agrovalley Limited, controlled by the chairman of the board of directors of IMC agricultural holding, Oleksandr Petrov, on May 27, 2019 acquired 56,573 shares of IMC S.A. (Luxembourg), increasing the share in the agricultural holding by 0.17 percentage points, to 72.68%.
According to the IMC report on the website of the Warsaw Stock Exchange (WSE), the purchase price of one share was PLN 14.10 ($3.67 at the rate of the National Bank of Poland on May 28).
Agrovalley Limited after the transaction increased the total stake to 24.174 million shares.
Hungary’s low cost airline Wizz Air Holdings Plc in its report for FY2019 posted on the London Stock Exchange (LSE), referring to Innovata source, named Russia’s Aeroflot and Nordwind Airlines among the largest on the Ukrainian market.
According to the report of Wizz Air, referring to Innovata portal, Aeroflot is second with the market share of 8.2% in Ukraine after Ukraine International Airlines (UIA) with 35.9% market share according to the report. The share of the Ukrainian market of Wizz Air is 7.7%.
As for the low cost segment, Wizz Air named itself number one with the market share of 43.1%, placing Nordwind Airlines with 12.9% second and Pegasus Airlines with 12.5% third.
According to the report of Wizz Air Holdings Plc, Wizz Air Ukraine is inactive, and the number of flights from Ukraine as of March 31, 2019 was 30.
According to the information from the route network of airlines, both Aeroflot and Nordwind Airlines fly to the annexed Crimea, in particular, Nordwind Airlines is among airlines serviced the largest number flights to Crimea from Russia.
Motor Sich airline from June 3, 2019 will resume Kyiv-Uzhgorod flights, Sikorsky Kyiv international airport has said on its Facebook page.
Flights will be operated on Mondays, Wednesdays and Fridays with departure from Uzhgorod at 7:00 and arrival at the Kyiv airport at 9:00. In the opposite direction, departure from Kyiv is scheduled for 18:30, arrival in Uzhgorod – at 20:30.
Flights will be serviced by the Yak-40 plane.
Air tickets are already available on the airline’s website.
As reported, Motor Sich airline from May 11, 2019 stopped servicing the Kyiv-Uzhgorod flight.
As reported, the flight was launched on March 15, 2019. Ukrainian President Petro Poroshenko and Infrastructure Minister Volodymyr Omelyan attended the launch ceremony.
