Business news from Ukraine

Business news from Ukraine

TERRA FOOD OPENS DAIRY FACTORY IN TURKEY

KYIV. Dec 22 (Interfax-Ukraine) – Terra Food group of companies, one of the largest Ukrainian industrial and commercial holdings, has opened the first factory in the industrial park of the city of Karaman in Turkey, the adviser, the partner of Talent Advisors company, Roman Bondar, wrote on his Facebook page.

“We officially inform that Terra Food in a group of the leading experts of the dairy market and investors is really involved in the project of launching a dairy plant in Turkey,” the company told Interfax-Ukraine.

The company in Turkey plans to produce milk powder, cream, butter and dairy snacks.

However, Terra Food did not comment on investment in the project.

“Now we can announce that Terra Food invests the most valuable things in the project it has – the experience of creating and developing dairy enterprises in Ukraine,” it said.

The company added that an official statement will be done closer to February 2016 after all formalities are completed.

Terra Food, founded in 1999, is one of Ukraine’s largest industrial and commercial holdings, which includes three business directions – dairy, meat and agribusiness.

ODESA CUSTOMS ANNOUNCES INTRODUCTION OF ASYCUDA SYSTEM

ODESA. Dec 22 (Interfax-Ukraine) – The Odesa Customs is implementing the ASYCUDA system of customs data processing, head of the customs Yulia Marushevska has said at a press conference.

According to her, the process of implementing the system will take about a year. The agency will get software free of charge, but will have to spend UAH 17 million on training staff to operate the system.

According to Marushevska, the system will allow to ensure a full control and transparency of customs procedures that will eliminate corruption in the authority, a procedure of cargo customs clearance will take 15 minutes to an hour.

In addition, the head of the Odesa customs said wages to customs officers will be increased at the expense of brokerage services to be rendered by the agency.

ASYCUDA is an automated system for customs data processing, which was developed by the United Nations Conference on Trade and Development (UNCTAD) in cooperation with the World Customs Organization.

ALLSEEDS TO PROCESS 500,000 TONNES OF SUNFLOWER SEEDS IN 2015/2016 MY

KYIV. Dec 21 (Interfax-Ukraine) – Allseeds Group intends in the 2015/2016 marketing year (MY, September-August) to process 500,000 tonnes of sunflower seeds at a new plant in Odesa region.

“We want this year to process about 500,000 tonnes of sunflower seeds. Unfortunately, the original plan was higher, but during the launch phase we had problems with the husk granulator,” company CEO Viacheslav Petrysche said in an interview with Interfax-Ukraine.

According to him, the company receives seeds with a different oil content, therefore it decided to introduce the basic oil content when accepting seeds at the plant at the level of 44%.

Petrysche said he sees no prospects for the growth of purchasing prices for sunflower. According to him, with the yield being 12 million tonnes the price of sunflower seeds has fallen to UAH 9,200-9,500 per tonne from UAH 11,000 per tonne.

Allseeds in 2016 will start to actively design the second stage of the oil extraction complex for 2,400 tonnes of seeds per day, and afterwards the third phase.

 

EC TO RECOMMEND THAT EU APPROVE VISA-FREE TRAVEL WITH UKRAINE IN EARLY 2016 – REPORT

KYIV. Dec 21 (Interfax-Ukraine) – The European Commission on Friday approved a positive report on the implementation by Ukraine of the Action Plan on Visa Liberalization (VLAP) with the EU by Ukraine.

“Based on this assessment and the commitments taken, and given the outcome of the continuous monitoring and reporting carried out since the launch of EU-Ukraine Visa Liberalization Dialogue in October 2008, the Commission considers that Ukraine meets all the benchmarks set in respect of the four blocks of the second phase of the VLAP. Taking into account overall relations between the EU and Ukraine, the Commission will present, early 2016, a legislative proposal to amend Regulation (EC) No 539/2001,” reads the report of the European Commission, which is available to Interfax-Ukraine.

Besides, the document describes Kyiv’s progress achieved in document security, including biometrics, integrated border management, migration management and asylum, public order and security, external relations and fundamental rights.

However, Kyiv leadership still committed to ensure that the National Anti-Corruption Bureau and specialized anti-corruption prosecution are fully operational in the first quarter 2016; ensure independence and integrity of the specialized anti-corruption prosecution office; ensure that the National Agency for Corruption Prevention is fully operational in the first quarter 2016 and verification of assets and potential conflicts of interests of public officials in areas and positions most vulnerable to corruption will be launched immediately after; and to adopt legislation on procedures concerning seizure of assets and special confiscation with a view to make the Asset Recovery Office fully effective.

Kyiv is also obliged to ensure in the state budget for 2016 and onwards the necessary financial resources for the well-functioning anti-corruption institutional framework, including the National Anti-Corruption Bureau.

According to the procedure, European Commission must submit a recommendation to European Council and European Parliament to take a decision over establishment of the visa free regime for the citizens of Ukraine.

CZECH COMPANY VOP WILL HELP UKROBORONPROM BRING DOZOR-B ARMORED VEHICLES TO NATO STANDARDS

Lviv. Dec 21 (Interfax-Ukraine) – Ukroboronprom Concern and the Czech state company VOP have signed a memorandum of cooperation within which Dozor-B armored vehicles will be brought to NATO standards.

The memorandum was signed by the representatives of both companies in the territory of Lviv Armored Plant producing Dozor armored vehicles on December 21.

Ukroboronprom Deputy Director Artur Kheruvimov told reporters the essence of the memorandum is that the Czech partners involved in production of armored vehicles will help bring Ukrainian armored vehicles to NATO standards.

“We are talking about the difference in weapons caliber, radio communications and other nuances, on which Ukrainian arms differ from weapons in NATO countries. VOP will also assist in the certification of Dozor vehicles in European states,” he said.

According to Kheruvimov, Dozor-B vehicles have passed state tests and their mass production has been started.

“The first contract has been signed with the Ministry of Defense, and the first batch of Dozors will be supplied to the army in spring next year,” he said.

 

UKRAINE TO SUPPLY 30 NEW TRANSPORT AN-178 AIRCRAFT TO SAUDI ARABIA’S AIR FORCE

KYIV. Dec 21 (Interfax-Ukraine) – Ukraine plans to supply 30 new multipurpose An-178 aircraft with a carrying capacity of 18 tonnes to the Air Force of Saudi Arabia.

The cooperation plans are outlined in a memorandum signed by Antonov State Enterprise (Kyiv) and Taqnia Aeronautics (Saudi Arabia) on December 17, 2015 in Kyiv, the press service of the state enterprise reported on Friday.

Retired Major General Ali Mohammed Al−Ghamdi, Chief Executive Officer of Taqnia Aeronautics company, said after the signing of the document that Saudi Arabia considers the signing of the memorandum as an important step in developing cooperation.

He said that Saudi Arabia selected An-178 aircraft, taking into account the characteristics of the new Ukrainian transport aircraft.

“The important advantages of An-178 compared to other aircraft of this type are its price and low exploitation expenses,” he said.

“We will conduct a joint marketing policy to promote An-178 to the Middle Eastern region markets and plan joint production of these aircraft,” he said.

Antonov Vice President Oleksandr Kotsiuba said that Ukraine considers plans to cooperate with Air Force of Saudi Arabia in the An-178 program as the confirmation of mutual desire to establish strategic partnership between Ukraine and Saudi Arabia in the aircraft building sector.