Business news from Ukraine

UKRAINE PRODUCES MORE THAN 1.1 MLN TONNES OF SUGAR

Sugar production in Ukraine as of November 9 amounted to 1.121 million tonnes.
According to the Ukrtsukor National Association of Sugar Producers, as of this date 40 sugar factories were operating in the country, which have processed 8.5 million tonnes of sugar beets.
As reported, Ukraine on August 31 started a new sugar making season. In 2018, the area under sugar beets was 280,000 hectares, which is 13% less than last year.
Ukraine exported 560,400 tonnes of sugar in the 2017/2018 marketing year (MY, September-August), which is 27.2% less than in the previous MY.

TENDER TO BUILD SUBWAY TO VYNOHRADAR DISTRICT IN KYIV COMPLETED

Municipal enterprise Kyiv Metropoliten, the customer for construction of a subway line to the Vynohradar residential area in Kyiv, has reported that after a tender OJSC Kyivmetrobud offered the lowest price for the implementation of works and the acceptation procedure has been launched.
“In the ProZorro public procurement system, a tender for the construction of the Syretsko-Pecherska subway line section from the Syrets station to the Vynohradar residential area with a depot in the Podilsky district (the section from the Syrets station to the Pravdy Avenue station with two stations (Mostytska and Pravdy Avenue) and the section towards the Vynohradar station (the first stage of construction) was completed,” Kyiv Metropoliten reported last week on its Facebook page.
According to the report, the lowest price for the work was offered by OJSC Kyivmetrobud – UAH 12.214 million below expected value.
“In accordance with the legislation, the procedure for acceptance has begun,” Kyiv Metropoliten reported.
According to the screenshot of the corresponding tender from the Prozorro website posted in the same message, Kyivmetrobud offered to perform the said work for UAH 5.981 billion with VAT.
Kyiv Metropoliten announced a tender for the construction of a subway line from the Syrets station towards the Vynohradar residential area in the Podilsky district worth UAH 6.3 billion in January 2018. The date of the tender was repeatedly postponed. The tender completed recently was announced on September 11, 2018. The expected cost of work at the last auction fell to UAH 5.99 billion.

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UKRAINE REGISTERS TWO MORE INDUSTRIAL PARKS

Ukraine’s Economic Development and Trade Ministry on November 7 placed the Energy industrial park (Mykolaiv) and the Innovation Forpost industrial park (Dnipro) with areas of 36 ha and 49.5 ha respectively to the register of industrial parks.
According to the information posted on the ministry’s website last week, the initiators of the creation of the parks were the Mykolaiv and Dnipro city councils, respectively.
The stated period of operation of the Energy park is 30 years. According to preliminary calculations of the initiator, 1,800 jobs will be created on its territory. The priority types of economic activity are the production of food and beverages, rubber and plastic products, building materials, glass, chemical products, finished metal products, machinery and equipment, as well as research and development activities in the field of information and telecommunications.
According to the ministry, the Innovation Forpost park was established for 45 years and provides for the production of electrical machines, electrical equipment, metallurgical production, production of non-metallic mineral products, as well as the provision of computer services. On the territory of the industrial park, according to the Dnipro City Council, up to 600 new jobs could be created.
The ministry said that 35 parks are already placed to the register of industrial parks, 17 of which selected management companies, and five have already attracted members. According to the ministry, another 14 industrial parks are not registered.

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BELARUS AND TURKISH INVESTOR PLAN TO BUILD RIVER PORT ON BORDER WITH UKRAINE FOR ACCESS TO BLACK SEA

Belarus is considering the possibility of building a river port on the Dnipro River in Gomel region near the border with Ukraine in order to use river-sea vessels to put out to the Black Sea. The Turkish investor Derin Shipping & Trading Co. might be involved in the project.
According to the state agency BelTA, Ambassador of Belarus to Turkey Andrei Savinykh states that the implementation of the project “will turn Belarus into a maritime state.” The project could be implemented by building a port terminal in the village of Nizhniye Zhary (Gomel region).
“Our Turkish partners are considering the possibility of building a port in Nizhniye Zhary, which will turn Belarus into a maritime state,” the official told journalists in Gomel during the visit of the Turkish delegation to the regional center.
It is assumed that the main volume of cargo turnover will be provided by oil products (Mozyr Oil Refinery is located near Gomel) and Petrikovsky GOK being under construction in Gomel region (the project of Belaruskali, the capacity is about 2 million tonnes of potassium chloride per year).

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KUWAIT INTENDS TO INVEST IN UKRAINIAN CANCER TREATMENT SYSTEM

The Kuwait Fund for Arab Economic Development is ready to provide Ukraine with a loan for investment projects in the field of cancer treatment, Ukraine’s Ministry of Health said on its official website. According to its data, the issues of cooperation were discussed at the fourth meeting of the Ukrainian-Kuwaiti intergovernmental commission on economic, technical and trade cooperation. “In particular, the parties discussed investment projects for cancer treatment and bone marrow transplantation. It’s not a secret to anyone that these issues are the most painful for our healthcare system. For example, this year about UAH 580 million has been spent on the Treatment Abroad program from the national budget. That is why we need investment projects that would develop transplantation in Ukraine,” Deputy Health Minister Pavlo Kovtoniuk said.
During the meeting, Health Minister of Kuwait Basel Hamoud Al-Sabah and Kovtoniuk discussed the progress of healthcare reforms in Ukraine.
“The Kuwaiti side is very interested in the changes we are introducing, because in the near future we plan to significantly reform the financing system of this industry. The Deputy Health Minister of Kuwait noted that the system should be as effective as possible regardless of how much money the country allocates for medicine. That is why he considers primary development to be the priority and is interested in our experience,” Kovtoniuk said.

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