Business news from Ukraine

Business news from Ukraine

4G TO BE LAUNCHED IN KYIV SUBWAY IN Q1 2020

The start of the 4G network in Kyiv subway is scheduled for the first quarter of 2020, advisor to Kyiv Mayor Maksym Bakhmatov said. According to him, in particular, it is planned to first connect the following subway stations in the 4G network: Akademmistechko, Zhytomyrska, Sviatoshyn, Nyvky, Heroiv Dnipra, Minska, Obolon, Syrets, and Dorohozhychi and Lukianivska, and at the end of 2020 or the beginning of 2021 to connect all stations and tunnels.
According to Bakhmatov, to date, negotiations have already been held and a common implementation scheme has been approved with the key mobile operators Vodafone Ukraine, Kyivstar and lifecell.
At the same time, he said that for the implementation of the project it is still necessary that the municipal enterprise Kyiv Metropoliten signs technical conditions, and the Kyiv City Council approves tariffs for telecom access to municipal transport facilities of the city. In addition, Huawei Ukraine needs to review the subway sites, develop and coordinate a working project for 4G implementation, conduct expert reviews by the relevant government services, and Kyiv Metropoliten and operators to prepare, coordinate and sign an access agreement, then sign a common document with Huawei Ukraine about the start of work.

, ,

MYRONIVSKY HLIBOPRODUCT DENIES LINK BETWEEN CONTRIBUTIONS TO REFORMS SUPPORT FOUNDATION UNDER POROSHENKO’S PRESIDENCY AND HIS LOBBYING IN U.S.

Myronivsky Hliboproduct agricultural holding (MHP), whose majority shareholder and chairman of the board is Yuriy Kosiuk, has confirmed information about financing the Foundation for Support of Reforms in Ukraine by five of its enterprises, but the foundation independently decided on spending these funds, in particular on payment for the services of the U.S. lobbying company BGR in 2017-2018 for the National Reforms Council, led by the then President of Ukraine Petro Poroshenko.
“MHP companies really provided financial assistance to the Foundation for Support of Reforms in Ukraine. Financial assistance was provided to achieve the goal of the organization, namely to promote the development of Ukraine and the growth of well-being of its citizens by providing support in the development and implementation of reforms in Ukraine,” the press service of the holding told Interfax-Ukraine.
The agricultural holding said that MHP and its chairman did not used the funds provided to the Foundation for Support of Reforms to directly finance lobbying in the United States or other specific areas.
“The public organization independently determines the use of funds received from all founders and partners, taking into account the detailed directions of activity,” MHP noted.
According to the Kyiv Post edition, the administration of President Poroshenko through the Foundation for Support of Reforms in Ukraine paid for the services of American lobbyists at the expense of contributions made by Kosiuk, who at that time was a freelance adviser to the head of state, and it took $600,000 in 2017-2018. The matter concerns five agricultural firms: PrJSC Zernoproduct MHP, Vinnytsia Poultry Farm LLC, PrJSC Myronivska Poultry Farm, Research and Production Firm Urozhay LLC, and Urozhaina Kraina LLC. In addition to the money from Kosiuk, this public organization received grants of millions of dollars in support of reforms from embassies and Western donors, including American ones, Kyiv Post said.

, , , ,

CHORNOMORSK SEAPORT SEES 23.2% RISE IN CARGO HANDLING IN JAN-OCT

The Chornomorsk seaport (Odesa region) in January-October 2019 increased cargo handling by 23.2% year-over-year, to 21.051 million tonnes.
According to the Ukrainian Sea Ports Authority, during this period the port increased export transshipment by 24.4%, to 16.181 million tonnes, import transshipment by 15.9%, to 3.8 million tonnes, transit transshipment by 19.7%, to 881,230 tonnes, and also significantly raised transshipment of cabotage goods, almost by 3.7 times, to 179,750 tonnes.
Transshipment of liquid cargo in the port in January-October rose by 9.1%, to 1,377 tonnes, dry bulk cargo by 26.5%, to 14.42 million tonnes, packaged goods by 21.1%, to 5.253 million tonnes.
Transshipment of containers amounted to 111,279 TEU (an increase of 9%).
As reported, the volume of transshipment at the port in 2018 increased by 25.02% compared to 2017, to 21.54 million tonnes.
Chornomorsk port is a universal international port, one of the largest on the Black Sea.

, ,

BLACK SEA OIL INDUSTRY PLANS TO BUILD VEGETABLE OIL TERMINAL AT PIVDENNY MARITIME MERCHANDISE PORT

Black Sea Oil Industry LLC (Kyiv) plans to build a vegetable oil refining and bottling complex at the Pivdenny maritime merchandise port (Odesa region).
According to the unified register of environmental assessment, the complex will have an oil refining workshop with a daily capacity of 350 tonnes or an annual capacity of 115,500 tonnes and a vegetable oil bottling workshop with the same capacity.
The bottling workshop will have two plastic bottling lines with a capacity of 10,000 liters per hour and 12,500 liters per hour.
According to the unified public register of companies and private entrepreneurs, the founder of Black Sea Oil Industry LLC is Iryna Hlushets. The company was registered in June 2019.

, , ,

UKRAINE SEES PRODUCTION OF MEAT RISE BY 6.3%

Milk production in Ukraine in January-October 2019 decreased by 3.6% compared to the same period in 2018, to 8.4 million tonnes.
According to the State Statistics Service, in January-October 2019, farmers produced 2.73 million tonnes of meat (live weight), which is 6.3% more than in the same period of 2018.
Egg production grew by 4%, to 14.32 billion units.

,