Business news from Ukraine

NIKA-TERA MARINE PORT ACCEPTS FIRST BATCH OF NEW HARVEST GRAIN

Nika-Tera marine specialized terminal (Mykolaiv), part of Group DF belonging to Dmytro Firtash, has accepted the first batch of grain of the 2018 harvest.
According to a company report on its Facebook page, the first truck with grain from the south of Kherson region with barley of the 2018 harvest was accepted on June 8.
Transshipment of goods at the port as of June 10 amounted to 2 million tonnes.
“The turnover of grains accounts for 61.3% in the structure of cargo turnover at the port. Bulk cargo accounts for 37.19%, and liquid freight for 1.51%,” the report says.
As reported, Nika-Tera in 2017 handled 229 vessels, transshipping 4.17 million tonnes of cargo, which is almost 4% more than in 2016.
Nika-Tera is a modern highly-mechanized marine terminal that is part of the Group DF port business.

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WEEKLY CHANGES IN RETAIL FUEL PRICES IN UKRAINE

Average retail prices for petrol, diesel fuel and autogas in Ukraine in the period from June 4 to June 11, 2018 slightly decreased – by 0.5%, according to data from A-95 Consulting Group (Kyiv).
As reported, average retail prices for fuel in Ukraine in 2017 increased by 19.2-20.1%, or by UAH 4.61-4.76 per liter, diesel fuel by 22.6%, or by UAH 4.84/liter. At the same time, average prices for liquefied petroleum gas (LPG), despite a sharp increase in August due to a deficit, showed an increase of a mere 2.9%, or UAH 0.36 per liter.

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NOMINAL HOLDER INSTITUTION CUTS TERM FOR FOREIGN INVESTORS ENTERING UKRAINE TO 10 DAYS

The introduction of the nominal holder institution into the depository system reduces the term for registering investment deals of foreign investors in Ukraine to 10 days from three months, Head of the National Depository of Ukraine (NDU) Mindaugas Bakas has said. “Previously, for the purchase of local assets, a nonresident had to personally come with a package of documents to the Ukrainian depositary institution, undergo complicated legal procedures for document processing, including their translation and legalization in Ukraine. The entire process took more than three months. Thanks to the new bill, it would take up to 10 days,” he said at the joint ICU and Bloomberg conference entitled “Opportunity Knocks – Ukraine Local Bond Market Conference” held in London.
According to Bakas, the first accounts could be opened in four months.
As reported, in the middle of May, Ukraine’s Verkhovna Rada passed at second reading bill No. 6141 amending some Ukrainian laws regarding promotion of attraction of foreign investment that will introduce the nominal holder institute to the depository system of Ukraine. The bill envisages the introduction of the institution of an independent financial intermediary, nominal holder and global custodian in Ukraine. Earlier, the NDU predicted that the adoption of this bill will increase the share of foreign capital up to 30% from almost nil.

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LIFECELL JOINTLY WITH RINGOSTAT LAUNCH INTELLECTUAL PROCESSING OF CALLS FOR CORPORATE CLIENTS

The mobile communications operator lifecell jointly with Ringostat call analytics service has launched the service of intellectual processing of calls for corporate clients within the Joint FMC Network service.
“The customer can choose lifecell corporate GSM numbers, for which all incoming and outgoing calls will pass through a virtual PBX Ringostat and automatically be recorded in the call log. This is especially applicable for companies, in which part of the managers work outside the office or there are many branches,” lifecell said.
Among the new features is recording the date and time of the call, its status (accepted, missed, voice mail, etc.), duration, incoming number and the number that was called in the call log of the Ringostat PBX and the automatic audio recording of the conversation.
“At the same time, the information is recorded unnoticed both for the caller and the employee of the company, and also does not affect the quality of communication,” the lifecell company said.
In addition, you can hide all direct numbers of managers – in this case, when managers call, the customer will always see a single company number. With incoming calls, you can also set up an extension system for employees.
In addition, the Joint FMC Network service unites telephone lines of fixed and mobile communication of all offices into one corporate network. In this case, customers are provided with internal short dial numbers.

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NORWEGIAN SCATEC SOLAR TO START BUILDING SOLAR PLANT IN UKRAINE IN 2018

Norway’s Scatec Solar intends to begin the construction of solar power plants with a total capacity of 83 MW in Cherkasy region this year, the company’s press service has reported. The total cost of building solar plants is EUR 85 million. Scatec Solar expects the EBRD to participate in the project. According to the company, the matter concerns the construction of two stations with a capacity of 33 MW and 50 MW respectively. Land plots are to be rented from municipalities.
As reported, Scatec Solar previously included the construction of solar plants with a total capacity of 150 MW in Ukraine in its project portfolio.
Scatec Solar has already built and operates 322 MW solar plants in various countries, and another 434 MW of photovoltaic plants are under construction. Scatec Solar operates in the Czech Republic, South Africa, Rwanda, Honduras, and Jordan.

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