KYIV. May 29 (Interfax-Ukraine) – Megabank (Kharkiv) has decided to increase charter capital by UAH 200 million or 32.3%, to UAH 820 million through an additional share issue.
The bank said in the press its shareholders at a general meeting on April 26 decided to increase charter capital.
The bank will hold a private placement of shares. The shares will be placed at a price of UAH 1, which equals their nominal and market value.
Megabank was founded in 1990.
According to the bank, its shareholders are Viktor Subotin (direct and indirect participation of 60.89% of the charter capital), the European Bank for Reconstruction and Development with 15.00%; German Development Bank KfW with 15%, the International Finance Corporation (IFC) with 6.02%, Elena Subotina (direct and indirect participation of 10.76%).
The bank ranked 21st among 90 Ukrainian banks as of April 1, 2017 in terms of assets (UAH 8.996 billion), according to the National Bank of Ukraine.
KYIV. May 29 (Interfax-Ukraine) – Kyiv City Administration has signed a memorandum of cooperation with a Chinese consortium, consisting of China Railway International Group and China Pacific Construction Group, for the implementation of a project to build the fourth subway line in the city.
According to a posting on the administration’s website, Deputy Head of Kyiv City Administration Mykola Povoroznik signed the document during a visit of a Ukrainian delegation to China. The delegation took part in the dialog at the high level at the One Belt, One Road forum.
Povoroznik said that under the memo the Chinese consortium having large experience in building infrastructure projects is a managing partner of the project to build the fourth subway line in Kyiv. The consortium intends to analyze the current state of the project implementation.
“Specialists from China would study the current state of the implementation of the project on construction of the fourth subway line in Kyiv. They would consider technical details, the volume of financing and the legal way thanks to which the project will be completed. The study would also include the assessment of legal and financial viability of the project, including the feasibility study and the estimated spending,” he said.
According to the memo, the consortium of Chinese company could act as contractor operating under the Engineering, Procurement, Construction (EPC) conditions and implement projects using the EPC+F (EPC plus financing) model.
The Chinese consortium would help Kyiv City Administration to attract funds of Chinese financial institutions, which would help to establish cooperation with the Chinese government and implement large infrastructure projects.
KYIV. May 29 (Interfax-Ukraine) – Ukraine as of May 19 had sowed grains and leguminous crops on 6.8 million hectares, or 94% of the forecast.
According to the Ministry of Agricultural Policy and Food, spring wheat was sown on 172,000 hectares (or 97% of the plan), spring barley on 1.56 million hectares (95%), oats on 197,000 hectares (95%), peas on 382,000 hectares (116%), and corn on 4.2 million hectares (94%).
Sugar beets were sown on 309,000 hectares (106%), sunflower on 5.1 million hectares (95%), and soybeans on 1.7 million hectares (88%).
The ministry noted the condition of grains and industrial crops is predominantly good and satisfactory.
As reported, with reference to the ministry, the area under spring crops will amount to 7.2 million hectares in 2017, including 2.4 million hectares under early crops.
KYIV. May 26 (Interfax-Ukraine) – Over 3.5 million biometric passports, also known as e-passports, had been issued as of May 24, Ukrainian President Petro Poroshenko has said.
“As of today, as the State Migration Service can confirm, over 3.5 million biometric passports had been issued,” he said at a meeting in Volyn regional administration on preparations for the day when visa-free travel rules with the European Union become effective.
About 19,000-20,000 e-passports are issued per day at the moment, he added.
KYIV. May 26 (Interfax-Ukraine) – Ukrspyrt plans to sign an agreement on the supply of 50,000 decaliters (dal) of alcohol to Azerbaijan.
According to a company press release, in near future the Republic of Azerbaijan will be delivered a batch of 10,000 decaliters of Pshenychna Slioza high-purity alcohol.
The company noted since the beginning of the year Ukrspyrt has been working on the development of export potential and restoration of working relations with foreign partners, in particular, it has signed agreements on alcohol supplies with Georgia, Hungary, Poland and Azerbaijan.
As reported, Ukrspyrt in January-March 2017 increased alcohol production in comparison with the same period in 2016 by 4.3%, to 2.36 million decaliters.
The net profit of Ukrspyrt in 2016 was UAH 97.1 million against a net loss of UAH 84 million for 2015.
Production at Ukrspyrt enterprises in 2016 increased by 2%, to UAH 1.822 billion in comparison with the previous year. The share of ethyl spirit in total output is 93.5%.
KYIV. May 26 (Interfax-Ukraine) – Delta Bloc International GmbH (Austria) is looking for partners in Ukraine to organize production of reinforced concrete roadside guard rails, company regional manager Helmut Leitgeb has said.
“What we intend to do here is to find production partners to transfer our know-how and organize local production of these fences… We cooperate with Ukrcement because the main component of the recipe depends on concrete,” Leitgeb said at the seventh Ukrainian Cement Forum 2017.
According to him, reinforced concrete road fences produced by the company comply with European standard EN 1317 and were tested in 150 crash tests. Their main difference from other similar fences is the strength and mobility of structures, due to what the fences do not collapse in a collision with a vehicle but move slightly, not allowing it to go beyond the road.
“Even a large truck or a bus can be stopped by such a fence, and this is its main difference,” the expert said.
Delta Bloc was founded in 2000 as an independent subsidiary of MABA Precast Concrete, part of Kirchdorfer Group, to focus on international business development in the field of protective concrete fences.
As of May 2017 Delta Bloc has branches in Germany, Slovenia, the Netherlands, France, the United Kingdom and South Africa.
