Business news from Ukraine

Zaporizhtransformator TO SUPPLY SIX TRANSFORMERS TO GEORGIA

Private joint-stock company Zaporizhtransformator (ZTR) has signed three contracts to supply six transformers to committed partners in Georgia, ZTR has reported on its website.
The contracts, the cost of which is not disclosed, envisage the delivery of two 40 MVA/110 kV transformers for the Vartsikhe cascade of hydroelectric power plants and two similar transformer for Kakhari substation, as well as two 6.3 MVA transformers for a resident district being built in Tbilisi.
The contract to supply transformers for the Vartsikhe cascade was signed with Georgian Manganese. ZTR has been cooperating with the company since 2014. The delivery of the transformers is scheduled for March 2018.
The contract with Sakenergoremonti (Tbilisi), which has been cooperating with ZTR since 2009, foresees the delivery of transformers for the Kakhari substation in May 2018.
Zaporizhtransformator is a large world manufacturer of transformer equipment. It has experience in deliveries to 88 countries. It produces power oil transformers, electric reactors, and controlled shunt reactors.

Top three largest mobile communications operators in Ukraine pay UAH 2.5 bln at 4G tender

The top three largest mobile communications operators Kyivstar, Vodafone-Ukraine and lifecell paid UAH 2.456 billion for 80 MHz in the 2,600 MHz frequency rate for the right to develop 4G communications standard.
An Interfax-Ukraine correspondent has reported that lifecell bought two lots for 30 MHz for UAH 909.25 million, Kyivstar bought three lots for 30 MHz for UAH 916.3 million and Vodafone-Ukraine – two lots for 20 MHz for UAH 631 million.
The budget would receive UAH 169 million more compared with the starting prices.
President of Kyivstar Peter Chernyshov, lifecell CEO Ismet Yazici and Corporate Governance Director at Vodafone-Ukraine Oleh Prozhyvalsky were authorized to participate in the tender by voice on behalf of the operators.
The winner of the first lot was lifecell, offering UAH 601.6 million with one bid increment.
The winner of the second lot was also lifecell, offering UAH 307.65 million with one bid increment.
The winner of the third lot was Kyivstar, offering UAH 293 million without any bid increment.
The winner of the fourth lot was also Kyivstar, offering UAH 293 million without any bid increment.
The winner of the fifth lot was Kyivstar, offering UAH 330.301 million with two bid increments.
The winner of the sixth lot was Vodafone-Ukraine, offering UAH 345 million with four bid increments.
The winner of the seventh lot was Vodafone-Ukraine, offering UAH 286 million without any bid increment.

PM GROYSMAN, Italian Foreign Minister ALFANO DISCUSS UKRAINIAN-ITALIAN COOPERATION

Italy has been a good partner for Ukraine, and Kyiv is ready to deepen and comprehensively develop bilateral relations in political and economic areas, Prime Minister Volodymyr Groysman said at a meeting with Italian Foreign Minister Angelino Alfano.
“Italy is our traditional partner, we have much in common, and there is an opportunity to build a good common future,” the press service of the Cabinet of Ministers of Ukraine quoted Groysman as saying.
The Ukrainian prime minister thanked the Italian government for the constant support of Ukraine in protecting its territorial integrity and counteracting Russian aggression. This issue acquires special significance in the context of Italy’s chairmanship of the OSCE in 2018, Groysman said.
Italy keeps an eye on the situation in Ukraine, notes the macroeconomic progress in Ukraine, sees the challenges Ukraine state is facing, and is ready to help in every possible way, Alfano said.
During the meeting, the two officials discussed the results of the reforms in Ukraine and the government’s economic plans for this year, including large-scale privatization under the new legislation. Groysman invited Italian companies to participate in the sale of assets, and also offered to assess the prospects for joint implementation of projects in industry and energy. The energy sector, could be attractive for Italian companies both in terms of general modernization of the Ukrainian gas transportation system, and in terms of the participation of Italian business in gas production projects in Ukraine, the PM said.
“The economy is growing and will grow, and we invite the Italian side to cooperate,” Groysman said.
In turn, Alfano said Italian exports to Ukraine have grown recently by 20%, and those of Ukraine to Italy by 24%. “These are good indicators, and at this rate, our partnership will quickly become strategic,” the minister said, adding that they looked forward to cooperation in infrastructure, energy, and innovation.”

AMC: two companies occupy half of poultry market in Ukraine in 2015-2017

The Antimonopoly Committee of Ukraine (AMC) estimates the share of PJSC Myronivsky Hliboproduct of the poultry market at 38%, and that of Agromars Complex LLC at 12%, the press service of the agency has reported.
“During the period from 2015 to 2017, more than 100 business entities were engaged in production of chicken meat. According to the preliminary results of research, the share of the largest poultry producers PJSC Myronivsky Hliboproduct was 38%, Agromars some 12%, and Agro-Oven some 6%,” the agency said.
According to the AMC, according to the preliminary results of the study of the poultry market, the agency is considering two possible violations of the legislation on economic competition protection: abuse of a monopolistic dominant position by one of the largest chicken producers or the anticompetitive concerted actions of the largest producers in terms of price policy coordination.
“After receiving information from the market participants, analyzing and clarifying it, the committee will draw conclusions about the presence or absence of signs of violations of the law on protection of economic competition,” the AMC said.

EBRD discuss formation of Ukrenergo supervisory board

Ukrainian Energy and Coal Industry Minister Ihor Nasalyk and representatives of the European Bank for Reconstruction and Development (EBRD) have discussed holding a tender for the positions of independent members of the supervisory board of Ukrenergo, the ministry’s press service has reported.
“The issues of corporatization of state-owned companies and the formation of the independent supervisory board of Ukrenergo are among the most topical issues in reforming the energy sector,” the minister said.
The sides also discussed the development of renewable energy in the country. EBRD representatives suggested further discussing the possibilities of legislative regulation and financing renewable energy projects in Ukraine taking into account international experience.
Nasalyk noted the expediency of considering the issue of introduction of energy storage devices, which will make it possible to use additional renewable energy power.
“The introduction of energy storage will make it possible to gradually reduce the use of TPPs and fulfill Ukraine’s obligations to reduce emissions,” the minister said.
As reported, Ukraine’s Ministry of Energy and Coal Industry announced a tender to select four independent members for the supervisory board of Ukrenergo. Applications and documents for participation in the tender are accepted until March 2, 2018.