KYIV. Jan 5 (Interfax-Ukraine) – The Cabinet of Ministers of Ukraine has proposed that the parliament puts into effect the reorganization or privatization of the State Land Bank via the State Property Fund of Ukraine.
Bill No. 3733 was registered in the parliament on December 28, 2015.
According to an explanatory note to the document, now the State Land Bank is being liquidated, but the alternative to this is its reorganization of privatization to sell the state-owned shares to potential investors. This would allow returning funds to the national budget that were used to form the bank’s charter capital and attracting additional investment to the Ukrainian agricultural sector.
As reported, the parliament on June 17, 2014 permitted to liquidate the State Land Bank.
The State Land Bank was created to realize new mechanisms of agricultural crediting and provide farmers with affordable funds. The previous Cabinet of Ministers of Ukraine sent UAH 120 million in the charter capital of the bank, and amendments to the Land Code are to be adopted to put land plots in the bank’s charter capital.
It was planned that the bank will manage farmland in state ownership and will fulfill functions on the realization of state credit programs, first of all, for small and medium-sized business in rural areas.
KYIV. Jan 5 (Interfax-Ukraine) – The National Bank of Ukraine (NBU) has brought the interbank funds transfer rules in Ukraine in the national currency in compliance with new requirements of Ukrainian law and changes in the structure of the regulator in relation to the centralization of its functions and reformation of territorial departments, the central bank said on its website.
NBU resolution No. 994 on approval of changes to the interbank funds transfer rules in Ukraine in the national currency dated December 30, 2015 took effect on January 5, 2016.
The resolution relaxed the procedure for opening correspondent accounts by banks at the NBU, as from now on the NBU can receive information about banks in the electronic form via the website of the central executive-branch agency in the area of registration of companies and individuals.
The resolution sets the procedure for writing off refinancing debts of banks to the NBU from correspondent accounts of debtor-banks opened at other Ukrainian banks.
The document also removes the requirements to keep correspondent accounts of bank by the NBU’s chief department in Kyiv city and region and the requirements for functioning automated jobs of the NBU’s territorial departments.
KYIV. Jan 4 (Interfax-Ukraine) – Fields with spring grain and leguminous crops in 2016 could grow by 10.3%, to 7.547 million hectares, the press service of the Agricultural Policy and Food Ministry of Ukraine has told Interfax-Ukraine.
Fields with corn could grow by 9.6%, to 4.536 million hectares, sorghum – by almost two times, to 98,700 hectares, rice – by 6%, to 12,400 hectares, millet – by 19%, to 126,500 hectares, and buckwheat fields could narrow by 11.8%, to 116,600 hectares.
The ministry also predicts that fields with sugar beets grow by 5%, to 250,500 hectares, soybeans – by 0.8%, to 2.164 million hectares and sunflower seeds – by 1.7%, to 5.048 million hectares.
The ministry said that Ukraine reduced fields with winter crops for 2016 harvest by 10.5%, to 7.06 million hectares, and fields with winter rapeseeds were decreased by 2.6%, to 645,800 hectares.
According to the State Statistics Service, areas sown with agricultural crops in Ukraine (excluding the temporarily occupied territory of Crimea and the Anti-Terrorist Operation zone) for the 2015 harvest have dropped by 1.9% compared to 2014, to 26.7 million hectares. The total area sown grain and leguminous crops this year amounted to nearly 14.7 million hectares, which is 0.5% less than last year.
KYIV. Jan 4 (Interfax-Ukraine) – Ukraine is waiting for the confirmation of victory of Kriukov Car Building Works (KCBW, Poltava region) in a tender to supply 750 wagons from Turkmenistan.
“We’re waiting for the confirmation of victory in the tender,” Deputy Prime Minister, Regional Development, Construction, Housing and Utilities Economy Minister of Ukraine Hennadiy Zubko said at a briefing in Kyiv on Wednesday.
He said that at present, the Turkmen expert commission has finished all steps at KCBW required for the tender documents.
The press service of KCBW neither confirmed nor denied the information that the company won the tender.
Kriukov plant, which is the CIS’s sole manufacturer of both passenger carriages and freight wagons, manufactures freight wagons (open wagons, tankers, hopper wagons, and high-sided wagons), as well as passenger carriages, bogies for freight wagons, wheel pairs, and spare parts for subway carriages, escalators, containers, and road equipment.
KYIV. Jan 4 (Interfax-Ukraine) – Public joint-stock company AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian producer of heavy trucks, shipped a batch of KrAZ-6322 6х6 chassis with single tires to the customer in Africa.
The company said in a press release that all the vehicles have right-hand steering.
AvtoKrAZ Spokesperson Dina Stehantseva told Interfax-Ukraine that seven chassis were sent to the customer. In compliance with customer’s requirements they are provided with Deutz engine rated at 272hp and A/C unit. The vehicles customized to meet customer’s requirements differ from mass-produced versions: they feature chassis with low-mounted towing device, bent spring beam, wide tropicalized tires and other things.
The KrAZ-6322 chassis cabs will be provided with special equipment.
On the New Year’s Eve KrAZ workers have added a new vehicle to KrAZ lineup, the KrAZ-7233С4 8х4 four-axle cabover dump truck.
The KrAZ-7233С4 dump truck is used for carrying bulk cargoes having specific weight of up to 2 tonnes per cubic meter in road and industrial construction and mining activity.
This cabover truck is provided with powerful engine meeting Euro-5 emission standard, 20 cubic meters half-round dump body with rear tailgate. Load carrying capacity of this giant is up to 26 tonnes, curb weight – 15.5 tonnes and gross weight – 41.5 tonnes.
“The new four-axle dump truck is on a par with its foreign counterparts in terms of performance. Adding this model to its lineup KrAZ hopes to substitute imported vehicles with efficient national ones,” the press service said.
AvtoKrAZ makes 33 basic vehicle models, and more than 260 modifications and trim levels for civilian and military vehicles.
KYIV. Jan 4 (Interfax-Ukraine) – Thirty-five Ukrainian companies that make products of animal origin have received permits for exports to the Republic of Moldova.
“Nineteen diary producers, 11 manufacturers of meat products, three manufacturers of fish products, and two companies that produce eggs and products made of eggs have received the permits,” Agrarian Policy and Food Minister Oleksiy Pavlenko wrote on Facebook.
He said that this decision had been taken by Moldova’s National Food Safety Agency jointly with Ukrainian experts after the examination of the producers.
Pavlenko claims access to the Moldovan market opens wide opportunities for the development of production in the mentioned sector, while also encourages producers to improve the quality of products.
“The fact that our producers have received relevant permits to export their goods to Moldova this time has confirmed the compliance of Ukrainian products with international norms and standards, which lets us significantly expand sales markets and boost the export potential of the domestic agricultural sector,” the minister said.