KYIV. Sept 13 (Interfax-Ukraine) – The Cabinet of Ministers of Ukraine intends to privatize public joint-stock company Centrenergo (in spring 2018), public joint-stock company United Mining and Chemical Company, public joint-stock company Agrarian Fund, public joint-stock company Odesa Oil Refinery, public joint-stock company Odesa Port-Side Plant, public joint-stock company Ukrgasbank, state-owned enterprise (SOE) Ukrspyrt and other enterprises, Ukrainian Prime Minister Volodymyr Groysman has said.
“We are interested in having investors – high quality, competitive, with new technologies and new governance quality. The new bill [it was presented at a meeting of the National Reforms Council on Tuesday] creates equal rules for attracting investors. People at enterprises are waiting for new labor conditions and new technologies,” he said at a meeting of the National Reforms Council, the press service of the Cabinet of Ministers reported.
The prime minister said that no more than 100 companies should remain strategic and state-owned in Ukraine. They could be modernized, corporatized and transferred to new management standards aimed at boosting their profits. The rest of over 3,000 facilities should be divided into facilities for concession or privatization.
“We offer large enterprises and companies operating in the unregulated sectors. State-owned company Centrenergo in spring 2018 is among them, as well as United Mining and Chemical Company, State Food-Grain Corporation, Agrarian Fund, Odesa Oil Refinery that was returned to the state, Odesa Port-Side Plant, Ukrgasbank, Turboatom, Ukrspyrt and other enterprises,” he said.
KYIV. Sept 13 (Interfax-Ukraine) – Ukraine had by September 12 sown 535,000 hectares with winter grain crops for the 2018 harvest, which is 7% of the plan, the Agrarian Policy and Food Ministry has said on the website.
In particular, winter wheat and triticale crops were sown on 503,000 ha (8% of the plan), rye crops on 20,000 ha (12%), and barley on 12,000 ha (1%).
A campaign to sow rapeseed crops is about to end: 728,000 ha, or 94% of the target, is under the crops.
By the said date, Ukraine had threshed 37.5 million tonnes of early grain and leguminous crops from 9.7 million ha (100%) with an average yield of 3.38 tonnes per hectare.
KYIV. Sept 11 (Interfax-Ukraine) – South Korean UNINK is interested in projects on construction of Liubelia coalmine and a rail track between Warsaw and Lviv, Vice President of Ukraine’s Chamber of Commerce and Industry Serhiy Svystil has said at a briefing at EXPO 2017.ASTANA. FUTURE ENERGY exhibition.
“A delegate from South Korea worked at our stand [the Ukrainian stand] for a week. Finally he said that a total of 15 projects were selected that a delegation to Ukraine to study. Among projects that were interesting to them was construction of Liubelia coalmine, Carpathian wind farm for 36.3 MW, a solar power plant of the Lviv regional clinical diagnostic center, Skola wind farm for 39.6 MW and construction of the European-standard gauge Warsaw-Lviv track,” he said.
Svystil said that companies from Malaysia also showed their interest to projects on construction of solar power plants in Ukraine.
KYIV. Sept 12 (Interfax-Ukraine) – The 14th annual meeting of the Yalta European Strategy (YES) on the topic “Is this a new world? And what does it mean for Ukraine?” will be held in Kyiv on September 14-16.
The YES press service said the plenary sessions of the forum and the work of special sections will be held in Mystetsky Arsenal, while the event will be opened at Bessarabsky Market.
More than 350 leading politicians, diplomats, businessmen, civic activists and experts from 34 countries of the world will take part in the conference, organized by the YES international forum in partnership with the Victor Pinchuk Foundation.
The main topics of the forum will focus on global issues: a shift in the geopolitical distribution of forces and changes in the global economy. Particular attention will be paid to the policy of the new U.S. administration, global security, cyber security, populism and energy security.
One of the most important themes of YES will be Ukraine and its prospects in the world. Discussions will be devoted to the changes taking place in the country and the challenges it faces.
KYIV. Sept 12 (Interfax-Ukraine) – Prometey group of companies will invest about UAH 20 million in the reconstruction of the newly acquired elevator in Cherkasy region until the 2018/2019 marketing year (MY, July-June).
“In early September Prometey bought an elevator in the village of Khatsky (Cherkasy region). The new elevator with a storage capacity of up to 10,000 tonnes is a complex of warehouses of a floor storage type. The elevator is in non-operating condition. Prometey by the start of the marketing year will invest about UAH 20 million in the renovation of the material and technical base of the elevator,” reads a press release from the group.
It is planned that in the first year of operation the capacity of the elevator in Cherkasy region will increase to 30,000-50,000 tonnes, over the next two or three years to 100,000 tonnes.
As part of modernization, it is planned to update laboratory equipment, repair warehouses, roofs, access roads and internal roads. It is also planned to upgrade the elevator electrification system, shipping points, grain transfer systems, work safety and grain storage systems. There is a railway station nearby, therefore it is planned to build a rail track to the elevator.
“Prometey is constantly developing, increasing the volume of shipment and expanding the geography of its activities. Cherkasy region is the sixth one in which Prometey operates. After the acquisition of an elevator in the village of Khatsky, the total volume of storage exceeded one million tonnes,” Prometey Group Head Rafael Goroyan said.
KYIV. Sept 12 (Interfax-Ukraine) – Ukraine’s Ministry of Economic Development and Trade intends in the near future to begin the development of a medium-term strategy for the development of the automotive industry for five years, which provides for the maximum localization of production in Ukraine, First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said.
“It [the strategy] will envisage the development of the Ukrainian car industry, the creation of jobs in this and related fields of production. The task is to maximize the localization of vehicle production in Ukraine,” he wrote on his Facebook page during a working trip to Cherkasy region.
Kubiv said during the trip he visited the Bogdan Motors plant in Cherkasy, which supplies vehicles for defense needs.
These are special dual-purpose vehicles, including armored tactical vehicles, trucks, all-wheel drive special (sanitary) vehicles, he said.
As reported, according to the Ukrautoprom association, Ukraine in 2016 produced 4,340 cars (23% less than a year earlier), bus production decreased by 64%, to 321 units.
