KYIV. June 1 (Interfax-Ukraine) – The Cabinet of Ministers of Ukraine has approved the allocation of state budget funds in the amount of UAH 201.132 million for the construction of housing for military personnel in the State Border Guard Service of Ukraine in 2016.
The corresponding resolution on the distribution of state budget funds provided for the program No. 1002070 entitled “The construction (purchase) of housing for military personnel of the State Border Guard Service of Ukraine” dated May 27 was published on the Cabinet website.
The Cabinet is to submit more than UAH 18 million for the construction of a second priority dormitory from the state budget and for a single Kyiv checkpoint in Boryspil, the document says.
In addition, UAH 27 million will be used for the construction of a multistoreyed block of flats with engineering services at 20 Narodytska Street in Zhytomyr, and UAH 20.5 million – for the construction of a multistorey appartment house at 200 Sobranetska Street in Uzhgorod.
The Cabinet will also distribute UAH 11.2 million on the construction of the first priority housing and UAH 7.4 million on the second priority building, three nine-storeyed blocks of flats are also planned on 46 Shevchenka Street in Khmelnytsky.
Construction and reconstruction of housing for the State Border Guard Service from budget funds will also be carried out in 2016 in Kyiv, Sumy, Chernihiv, Lviv, Odesa, Khmelnytsky, Berdiansk, Ovruch (Zhytomyr region), Velyki Mosty (Lviv region), Izmail (Odesa region), the village of Korytnytsia (Volyn region), the village of Rybakivka (Mykolaiv region), the village of Topoli (Kharkiv region), and the village of Muzykivka (Kherson region).
LVIV. June 1 (Interfax-Ukraine) – The European Investment Bank (EIB) is ready to finance the Hrybovychi landfill reclamation project in Lviv. Fires raged at the site several days ago, and a landslide occurred on Monday burying four firemen, Lviv Mayor Andriy Sadovy has said.
“The only partner we cooperate with in the issue in the past two years is the European Investment Bank. The bank agreed to provide funds for the complete landfill reclamation and a plant with deep-earth sorting line,” he said at a briefing on Tuesday.
The mayor said that now the project is being agreed in the Regional Development, Construction, Housing and Utilities Economy Ministry. Deputy Prime Minister Hennadiy Zubko assured that the process would be finished in the shortest terms.
“I think that within one month the issue would be settled. The advance team of the bank visited the city twice,” Sadovy said.
He said that the approximate amount of the loan could be near EUR 40 million.
He said that the city is not able to solve the reclamation problem using only own forces. It requires around UAH 600 million.
“We received no proposal for landfill reclamation. This is a loss, we’re not doing business,” he said.
“We have not received any proposals to dispose bituminous lakes. I had many proposals for the new solid waste landfill, but no section was approved due to political pressure,” he said.
KYIV. June 1 (Interfax-Ukraine) – Ukrainian President Petro Poroshenko stands for the development of Ukrainian aviation industry as the strategic sector of the Ukrainian economy.
“Finally we have signed new contracts to supply Ukrainian aircraft to Saudi Arabia. Finally we agreed at a meeting with the president of Azerbaijan that the country buys our Antonov aircraft. Finally… Defense Ministry orders Ukrainian Antonov aircraft for the first time in many years. Believe me, this is only the beginning,” he said during his visit to Antonov State Enterprise on the occasion of its 70th anniversary in Kyiv on Tuesday.
Poroshenko said that Ukraine has entered new markets after Russia’s aggression.
“This is your job. This is what we have achieved and we are looking ahead with confidence,” he said addressing the plant’s employees.
He thanked Antonov employees for their jobs and contribution into the development of Ukrainian aviation industry.
“Today we saw the opportunities of building one more Mriya An-225. We have the fuselage of unique aircraft An-70,” he said.
Poroshenko instructed to consider all opportunities, explore the market carefully and inform him on the possibility of completing the construction of An-70 and Mriya. The president said that there is a task to make aviation industry a strategic sector of the Ukrainian economy and make Ukraine the key player on the global aviation market.
The president had a conversation with veterans of the plant and crew of Mriya An-225 that has returned from Australia recently. The crew presented him the Ukrainian flag, which was on board of Mriya during the flight to Australia.
KYIV. June 1 (Interfax-Ukraine) – The 16th International Financial Forum with participation of heads and chief specialists of insurance, reinsurance, brokerage, assistance, auditing, consulting, law and rating companies operating in the insurance sector, heads of the national commission for financial service markers regulation and other public agencies will take place in Odesa on September 14 through September 17, 2016, the Business Strategy Center Perspektiva has said on its website.
Business Strategy Center Perspektiva and the League of Insurance Organizations of Ukraine (LIOU) organize the event.
The main objectives of the forum is to develop integration processes on the international financial market, the consolidation of the financial sector of the market, distribution excellence and achievements of modern management, exchange new ideas and experiences.
A roundtable devoted to the insurers’ assets management and their protection in the conditions of the new tax policy.
Event participants would consider the strategy for developing the Ukrainian financial sector, the state and trends on international financial markets.
The organizers said that representatives of the financial sector from Austria, Belarus, Britain, Latvia, Germany, Poland and the Czech Republic are accredited for the forum: in general, around 150-180 specialists from 14-18 countries.
Organizing Committee accepts proposals for program development and partnership activities during the forum.
The 15th International Financial Forum was held in Odesa on September 16 through September 19, 2015.
KYIV. June 1 (Interfax-Ukraine) – The GMP compliance procedure needs to be relaxed along with facilitating the imported medicines registration procedure, the European Business Association (EBA) has said.
“Welcoming steps on the way to improving regulations we also ask registration to be accelerated in respect to providing proof of GMP compliance,” the EBA said in a press release.
The association experts said that this document is mandatory for the registration of medicines and it takes a lot of time to get it.
“We hope that this obvious barrier to simplifying registration would be also taken into consideration during the final approval of the bill,” the EBA said.
In general, the EBA positively assesses the final bill on facilitating medicines registration.
The association said that according to the document, only those medicines permitted in all 28 EU states can be imported to the Ukrainian market.
KYIV. May 31 (Interfax-Ukraine) – Ukrainian Prime Minister Volodymyr Groysman after visiting Mariupol Illich Steel Works (Donetsk region), part of Metinvest Group, and talking to management has ordered that ministries and agencies discuss the problems the mining and metal companies and hold a special meeting.
Metinvest said in a press release that the Prime Minister attended the sinter plant reconstruction site – the largest environmental project in the history of independent Ukraine (at the end of five years of the project the total investment will comprise $220 million).
In the course of the meeting the group’s and enterprise management drew attention of the prime minister to the infrastructure problems encountered by the iron and steel works in Mariupol: Mariupol Illich Steel Works and Azovstal. The discussion touched upon the possibility to increase the throughput capacity of Polohy–Kamysh-Zoria–Volnovakha railway section, which would facilitate an increase the volumes of raw materials supply to Mariupol and finished goods shipments from Mariupol significantly.
The steel makers also mentioned the need to deepen the waters of Mariupol seaport to open the possibility to receive large vessels.
During his visit to Mariupol Illich Steel Works, Groysman instructed the Economic Development and Trade Ministry to arrange an ad hoc meeting involving the executives of the Infrastructure Ministry and Ukrzaliznytsia, as well as other ministries and departments in order to discuss the state policy in the field of support to the mining and metals sector.
Groysman noted that there was also the issue of rising railway tariffs by Ukrzaliznytsia.
“I want us to sit at a round table and clearly discuss the problems to be resolved in order to expand the product range and export capabilities, rather than the decline production. Exports for us are of utmost importance,” he said.
He said that the development of domestic infrastructure projects could stimulate related industries, including metallurgy. In this regard, he noted the importance of Metinvest Group’s investments in modernization of the production facilities, adding that the metallurgy was an industry, the development of which was absolutely necessary. Groysman also promised to render assistance by the government in terms of strengthening competitive ability of the Ukrainian companies with export potential.
“The modernization program at the enterprise gives us confidence that the environmental situation in Mariupol will start improving already in 2017. Within five years, the emissions to the atmosphere will meet EU standards. This development should be welcomed. I would like Ukraine to switch from raw materials-based economy to high added-value economy. During our visit to Mariupol, we saw, where the national produced (wealth) is being created. We will do everything possible to stimulate business, so it attracts investments for the construction of new capacities and national wealth,” Groysman said.
Chief Executive Officer of Metinvest Group Yuriy Ryzhenkov said that despite challenges the group continues investing in development of its production facilities.
“During 10 years, the company has invested $5.5 billion in production. We intend to continue the modernization emphasizing environmental safety. The support from the government is crucial. Without the government’s assistance in the area of fair pricing policies for state monopolies and resolving infrastructure problems, steel producers will have extremely hard time competing in international markets and developing their production facilities,” he said.
Metinvest Group is a vertically integrated group of steel and mining companies that manages every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It comprises steel and mining production facilities located in Ukraine, Europe and the US, as well as a sales network covering all key global markets.
