KYIV. Nov 27 (Interfax-Ukraine) – Ukraine is negotiating with Iraq to supply 1 million smart meters, the press service of the Ukrainian Chamber of Commerce and Industry (UCCI) has said.
“Now the approval of this contract by the ministries is being completed and soon Ukraine will start deliveries,” the Iraqi head of the Iraqi-Ukrainian Business Council said.
According to the UCCI, Iraq’s total need for smart meters is 2 million units.
As reported, the Ukrainian manufacturer of meters NIK signed an agreement with the British CyanConnode to supply equipment and software for smart measuring systems for $29 million.
According to CyanConnode, within the order about 1 million sets of equipment and software will be supplied within three years. As payment for the equipment CyanConnode will receive $13 million, another $16 million will be received as payment for the use of software during ten years after the installation of finished products.
NIK LLC (Kyiv) is one of the largest manufacturers of measuring instruments and automated systems for integrated energy resources accounting in Eastern Europe.
Ukrainian Foreign Minister Pavlo Klimkin and EU High Representative for Foreign Affairs and Security Policy Federica Mogherini have signed a document titled “High Level Understanding on TEN-T Core Network Extension Maps to Ukraine.”
“One of the important practical results of the Eastern Partnership summit in Brussels was the signing by Ukrainian Foreign Minister Pavlo Klimkin and EU High Representative Federica Mogherini of [the document on] a High Level Understanding on TEN-T Core Network Extension Maps to Ukraine,” the ministry’s press service reported on Saturday.
According to the report, this decision will help increase the competitiveness of Ukrainian transport corridors, improve logistics and simplify the formalities in the transport sector between Ukraine and the EU.
Klimkin also wrote on Twitter: “Just signed High Level Understanding on TEN-T core network extension maps to Ukraine. An important step towards further integration of Ukrainian and EU transport networks.”
KYIV. Nov 23 (Interfax-Ukraine) – Green Energy Sustainable Solutions (GESS) is interested in privatization of Kherson combined heat and power plant (CHPP), the press service of Ukraine’s State Agency on Energy Efficiency and Energy Saving has reported after a meeting of Agency Head Serhiy Savchuk with GESS CEO Shaun Lee.
“Among the projects considered by the company is participation in privatization and, in case of victory, further reconstruction of Kherson CHPP. The new station will operate on biomass. Its capacity will be 50 MW of electricity and 50 MW of thermal energy. The estimated volume of investments is EUR 300 million,” the press service said.
For today, GESS in Ukraine is engaged in projects for the production of biogas, and electricity at solar power plants.
As reported, Ukraine’s State Property Fund (SPF) offers halving (up to UAH 75.74 million) the starting price of Kherson CHPP for a new privatization tender.
Earlier, the SPF tried to sell Kherson CHPP at a starting price of UAH 155 million, but there were no one willing to buy the shares.
KYIV. Nov 23 (Interfax-Ukraine) – PJSC Ukrzaliznytsia has expressed its readiness to join the European Business Association (EBA) and the American Chamber of Commerce (ACC).
According to the press service of Ukrzaliznytsia, the company has already applied to these organizations with the relevant letters.
According to management of the company, membership in the EBA and ACC will help build a constructive dialogue with the market participants and defend their own interests in business areas.
According to Andriy Riazantsev, the director on economics and finance at Ukrzaliznytsia, the company is at the final stage of corporatization and the rules and principles of the company management have already been changed.
“At the same time, we expect market participants to change attitude towards the company and perceive it as an equivalent business partner. Therefore the company intends to join these recognized business associations, which will help analyze, forecast, and improve our joint work. We are for ensuring that all participants work in equal conditions, in particular to avoid the situation when one company because of non-market tariffs incurs losses, while the other, due to this, becomes richer,” he said.
KYIV. Nov 23 (Interfax-Ukraine) – Kyiv Mayor Vitali Klitschko and Vice Chairman of China Pacific Construction Group Guo Qing have signed an agreement on cooperation between Kyiv City State Administration and the Chinese consortium, which includes China Railway International Group Co., Ltd and China Pacific Construction Group, in implementing the project for the construction of the fourth metro line in Kyiv.
Klitschko wrote on his Facebook page the agreement provides for setting up a working group of Ukrainian and Chinese specialists who will develop the best technical and financial solutions for the implementation of the project.
The cost of construction is estimated at $2 billion, while 85% of the projected cost of the project will be secured at the expense of a loan from Chinese financial institutions.
“The possibility of attracting this loan is being considered with the provision of state guarantees for repayment of the loan funds. The loan repayment period is from 15 to 20 years. At the same time, the interest rate will be the subject of negotiations,” the mayor said.
The project foresees the construction of a new subway line with a length of almost 18 km with 13 stations. A transfer station will also be built between the ring train line and the new fourth subway line. The expected construction period is five years.
KYIV. Nov 22 (Interfax-Ukraine) – The projected growth of production in aerospace industry of Ukraine in 2017 is estimated at 30-33% compared with 2016, the press service of the State Space Agency of Ukraine (SSAU) has reported.
The figures were presented at a meeting of SSAU devoted to the results of the industry in January-September 2017.
According to the published data, in January-September 2017, production in the sector grew by 21.3% year-over-year and sales – by 23%.
“The sector enterprises produced and sold goods for some UAH 2.9 billion. Total gross production (taking into account the uncompleted projects) reached over UAH 3.68 billion,” the press service said.
The export’s share of total sales was 51.5%. Exports to the EU countries and the United States grew.
Pivdenne (Yuznoye) Design Bureau (Dnipro), Hartron (Kharkiv), Enterprise of Special Engineering Arsenal (Kyiv), Kommunar Production Association (Kharkiv), Kyivprylad Production Association (Kyiv) and Instrument-Making Research Technological Institute (Kharkiv) saw profit.
The space agency said that since early 2017 with the participation of enterprises of the Ukrainian space industry, seven launches have been carried out within international cooperation: the launch of the U.S. Antares launch vehicle, which provides commercial flights to deliver cargoes to ISS under a contract with NASA (Ukraine produced the first stage of the LV), three launches of the European Vega LV with the Ukrainian engine of the fourth stage involved in the ESA programs, as well as three launches of the Russian Soyuz-FG LV with the Ukrainians control system involved in the international programs.
