Business news from Ukraine

Business news from Ukraine

Central Mining and Processing Plant implements dust suppression measures to reduce environmental impact

Metinvest Group’s Central Iron Ore Enrichment Plant (Kryvyi Rih, Dnipro Oblast) is actively implementing various dust suppression measures to reduce the environmental impact of its iron ore mining operations.
According to the company’s press release on Wednesday, CGOK received a positive assessment for the implementation of dust suppression measures during a visit by specialists from the regional State Environmental Supervision Department and specialists from the Ecology Department of the Executive Committee of the Kryvyi Rih City Council. They were able to evaluate the work aimed at reducing dust at the company’s tailings dump, in the sanitary protection zone (SPZ) of the Gleiavatsky open pit in the village of Verabovo.
It was also clarified that the main shops of the Central Mining and Processing Plant are located in Kryvyi Rih: Gleiavatsky open pit, crushing and beneficiation plants, Kolachevsky mine and pelletizing plant. To reduce the environmental impact of the company’s industrial activities, the Central Mining and Processing Plant has developed dust suppression measures in the adjacent areas of quarries, tailings dumps, open warehouses of finished products and roads.
To monitor compliance with environmental legislation, members of the environmental commission reviewed the implementation of these measures. The experts visited the sludge management shop of the Central Mining and Processing Plant, where they saw various methods used to prevent dusting in the dry areas of the tailings dump. In particular, the consolidation of loose surfaces with rye crops, which this year amounted to 100 hectares, as well as planting them with reeds. Traditional effective methods include washing beaches with industrial water (823 hectares) and covering them with overburden. The company also uses a safe method of fixing the tailings dump roads with bischofite.
According to Natalia Beloziorova, Head of the Environmental Protection Department at the GOK, the dumps, finished product warehouses and roads of the industrial sites are irrigated with industrial water to suppress dust. The pit faces and surfaces of idle ledges are treated with binders. The company also maintains the uninterrupted operation of four automated air quality monitoring stations installed within the sanitary protection zone.
Thanks to the systematic work of environmentalists, the number of green spaces is increasing every year, which has a positive impact on air quality and noise reduction. In the village of Verabovo, which borders the SPZ of the Gleiavatsky open pit, the commission inspected the condition of 300 shrubs and trees planted last year.
As part of the city’s program to address environmental issues in Kryvyi Rih, the plant is carrying out scheduled wetting of roads and residential areas adjacent to the plant.
“As a result of the inspection, the environmental commission made positive conclusions on the implementation of dust suppression measures at the tailings management and water recycling facilities, roads, as well as measures to plan, arrange and plant sanitary protection zones. The specialists of the Environmental Protection Department provided recommendations for further work in the environmental area,” the press release summarizes.
Central GOK is one of the five largest producers of mining raw materials in Ukraine. The company specializes in the extraction and production of iron ore concentrate and pellets.
CGOK is a part of Metinvest Group, whose major shareholders are System Capital Management (SCM, Donetsk) (71.24%) and Smart Holding Group (23.76%). Metinvest Group’s management company is Metinvest Holding LLC.

Croatian Prime Minister Andrej Plenkovic arrives in Ukraine

On Wednesday morning, Croatian Prime Minister Andrej Plenković arrived in Ukraine on a visit, Croatian media reported.

According to HRT Vijesti, in Kyiv, Plenkovic will meet with Ukrainian President Volodymyr Zelenskyy, Prime Minister Denys Shmyhal, Speaker of the Verkhovna Rada Ruslan Stefanchuk, and other Ukrainian officials.

Plenković was joined in Ukraine by Croatian Minister of Science and Education Radovan Fuks, Minister of Justice and Digital Transformation Damir Habiyan, and Minister of Foreign and European Affairs Gordan Grlić-Radman.

Together with his delegation, the Croatian Prime Minister will take part in the Crimean Platform Summit.

Earlier, President of Ukraine Volodymyr Zelenskyy said that the Crimean Platform Summit would take place on Wednesday, September 11.

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“Express Insurance” for 8 months has increased number of contracts in 2.1 times

IC “Express Insurance” (Kiev) in January-August 2024 collected insurance premiums in the amount of UAH 596,8 mln, which is 33,9% more than the same period of 2023. According to the insurer’s website, 2,1 times more contracts were concluded during this period.

Premiums on CASCO amounted to UAH 469 mln (+20,9% to 8 months-2023), on MTPL – UAH 111,2 mln (2,5 times more), VMI – UAH 7,8 mln (+9,4%)

In August 2024, the company attracted UAH 92.1 mln of premiums, which is 44.3% more than in August last year. Including premiums on CASCO amounted to UAH 74 mln (+35,9%), on MTPL – UAH 16,6 mln (2,1 times).

Earlier it was reported that IC “Express Insurance” in January-August 2024 made payments in the amount of UAH 340,2 million, which is 64,6% or UAH 133,5 million more than the indicator for the same period of 2023.

Including payments under CASCO amounted to UAH 287,5 mln (+59,1%), under CMTPL insurance – UAH 44,4 mln (2,4 times more), under voluntary medical insurance – UAH 3,8 mln (-14,7%), payments under other insurance contracts – UAH 4,6 mln (+36,4%).

In August 2024 payments to clients amounted to UAH 53.1 mln (+94.4%) more than in August 2023. In particular, the company paid out UAH 45,3 mln (+94,2%) under CASCO contracts, and UAH 6,8 mln (2,5 times growth) under CMTPL insurance.

Express Insurance ALC was founded in 2008 and is a part of UkrAVTO group of companies. The company specializes in automobile insurance. Stable high speed of events settlement in IC is provided by optimal interaction with partner service stations.

Since April, 2012 IC Express Insurance has been an associated member of the Motor Transport Insurance Bureau of Ukraine.

 

Ultra Alliance Insurance Company offers to insure vehicles of State Protection Department for UAH 4.7 mln

On September 9, the State Protection Department of Ukraine opened a tender for voluntary motor vehicle hull insurance.
According to the electronic public procurement system Prozorro, the lowest price offer was made by Ultra Alliance Insurance Company – UAH 1.897 million against the expected cost of UAH 6.6 million. In this regard, the organizer of the tender asks the company to justify the abnormally low offer by September 11.
The tender is also attended by IC Persha with an offer of UAH 5.08 million.
As reported, the tender was announced on August 9. The complaint of Ultra Alliance Insurance Company (Kyiv) was submitted to the Antimonopoly Committee of Ukraine (AMCU) for consideration on August 13. On August 26, the AMCU ordered the State Protection Department of Ukraine to amend the tender documents.
Ultra Alliance Insurance Company was registered in 2004 and specializes in risk insurance.

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Number of refugees from Ukraine in selected countries as of 30.06.2024

Number of refugees from Ukraine in selected countries as of 30.06.2024

Open4Business.com.ua

Ukraine has sown 640 thou hectares of winter crops for harvest of 2025

As of September 10, farmers in all regions of Ukraine sowed 639.9 thou hectares of winter crops, compared to 484.1 thou hectares a week earlier, the press service of the Ministry of Agrarian Policy and Food reported.
According to the report, winter wheat was sown on 101.1 thousand hectares (27.7 thousand hectares a week earlier), barley – on 3.7 thousand hectares (2.2 thousand hectares), rye – on 0.4 thousand hectares (8 thousand hectares), and rapeseed – on 534.7 thousand hectares (446.2 thousand hectares).
According to the Ministry, winter crops are being sown in Vinnytsia, Lviv and Ivano-Frankivsk regions. Winter rape is being sown in 18 regions of Ukraine. Farmers in Volyn, Rivne, and Ternopil regions have finished sowing the crop.
As of the same date a year earlier, Ukraine sowed 1155 thou hectares of winter crops, including 905.9 thou hectares of rapeseed, 228.6 thou hectares of wheat, 10.8 thou hectares of barley, and 9.5 thou hectares of rye.

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