KYIV. Feb 14 (Interfax-Ukraine) – The European Bank for Reconstruction and Development (EBRD) has set up a company in Ukraine to manage its own wagons, Bank Senior Adviser Anton Usov has told Interfax-Ukraine.
“This is a specially created company CREA I UA LLC. It will carry out management. The bank will consider various options for the further development of events: sale of cars to a strategist, for example,” he said.
Earlier EBRD Senior Banker Mark Magaletsky said in an interview with the Center of Transport Strategies that Interleasinginvest had not fulfilled its obligations on the EBRD loan service for financing the purchase of wagons and as a result the EBRD left the project with the assets that were pledged – freight wagons.
“Currently we already reach the finish line and have received the title of ownership of these cars. A subsidiary has been established, which is the holder of the wagons, and the cars will work directly on us. Some 2,387 cars – with this park we actually entered the top five largest private owners of wagons in Ukraine,” Magaletsky said.
DNIPRO. Feb 14 (Interfax-Ukraine) – Ukraine’s biggest industrial park Pavlohrad has opened in Dnipropetrovsk region, the press service of the regional state administration has said.
“An investment center is running in the region. Here each investor is provided with a personal adviser, who accompanies his project from idea to realization. Now we are opening Pavlohrad industrial park. This is a convenient platform for the creation of new production and an advantageous offer for investment,” Head of Dnipropetrovsk Regional State Administration Valentyn Reznichenko said.
According to him, this park is located on 250 hectares of land and is designed to create new industries and investments. The industrial park will allow creating about 5,000 new jobs, attracting more than $370 million in the development of industry in the region and getting additional revenues to the budgets of all levels.
Pavlohrad industrial park is located in Pavlohrad district of Dnipropetrovsk region. Nearby is the international highway, Dnipro has a river port and an airport. Some 440,000 companies and organizations, which account for almost 50% of the profits of all enterprises in the country, are located within a radius of 300 km from the park.
KYIV. Feb 14 (Interfax-Ukraine) – Vega Telecommunications Group in 2016 increased EBITDA to UAH 144.7 million, which is 49% more than the result in 2015.
According to a company press release, its consolidated income remained at the level of 2015 and amounted to UAH 614.1 million.
At the same time, operating income in 2016, compared with the previous year, more than tripled and amounted to UAH 43.5 million.
“In 2016 Vega increased capital investment by 42% in comparison with 2015, the amount of which reached UAH 107.5 million,” the report says.
The company specified these funds were spent on technical modernization and the development of its own network. In particular, during the year the first phase of construction of its own backbone DWDM network was completed and 70 new Internet zones using FTTx and GEPON technologies were created.
Vega Telecommunications Group offers comprehensive solutions in the field of fixed telephony, broadband access to the Internet and data transmission. It is part of the telecommunications business of SCM Group. Today Vega is present in 159 cities and settlements of 22 regions of Ukraine.
KYIV. Feb 13 (Interfax-Ukraine) – Astarta agroindustrial holding will invest $3 million in the feed center in Poltava region, the company has said in a press release.
The feed center will be launched in spring 2017.
The company said that the project of the centralized provision and distribution of the high-quality feed is implemented in the production subsidiary named after Dovzhenko (Shyshaky, Poltava region) at the dairy complex that keeps about 50% of the total dairy headcount of the group. The capacities of the feed center are expected to service over 10,000 heads of cattle.
“At the moment, the construction of the administrative pavilion, silage trashes and warehouses is taking place, the fodder mixing equipment is already installed,” the company said.
Astarta said that effective, highly-automated system of feed centers will stimulate the improvement of the ration of the cows and thus will improve the headcount’s health and yields by 20-30%.
The company is developing actively the model of cooperation for the milk production in Poltava region.
Astarta is a vertically integrated agro-industrial holding, uniting six regional divisions in Poltava, Vinnytsia, Khmelnytsky, Ternopil, Zhytomyr, and Kharkiv regions. They include nine sugar factories, agricultural farms with a land bank of about 250,000 hectares and dairy farms. The holding also has a soybeans processing plant in Poltava region (Globyno processing plant).
KYIV. Feb 13 (Interfax-Ukraine) – Tatra-Pivden LLC (Odesa), the manufacturer of tram wagons, will supply 15 articulated tram wagons to the transport department of Alexandria (Egypt), the enterprise has reported on its website.
The customer accepted the offer early this year. The contract was signed on February 6, 2017 in Alexandria in the presence of Alexandria Governor Reda Farhat and Ukrainian Ambassador to Egypt Hennadiy Latiy.
“The long tender process preceded this, including the visit of the Egyptian commission to production facilities and inspection of tram wagons made by Tatra-Pivden. Finally, the quality and reliability of the products played the key role,” the company said.
The company said that Switzerland’s Stadler, China’s CRRC Corporation and other large manufacturers from Europe and Asia took part in the tender. The company received the order to upgrade the oldest tram system in Africa.
“The project is unique not only from the technical point of view. This is the first order of such scale by African countries with the Ukrainian tram wagon manufacturer,” the company said.
“The contract with Alexandria is a benchmark for Tatra-Pivden in spreading high-quality Ukrainian products to the MENA region,” the press service said, citing Director General Anatoliy Kerdivara.
He said that Tatra-Pivden has a 24-year experience in tram production and its production location in Ukraine is 95%.
The company will supply the trams to Alexandria within two and a half years from the moment of receiving the advance payment.
Tatra-Pivden LLC was founded 23 years ago. The tram wagons made by the company operate almost in all cities and towns of Ukraine.
KYIV. Feb 13 (Interfax-Ukraine) – Interpipe Pipe and Wheel Company (Dnipro) has supplied a first batch of railway wheels in the amount of 3,000 units to Saudi Railways Organization, the national railway operator of the Saudi Arabia.
The company said in a press release last week that the wheels have already been delivered to Dammam port.
The total volume of the wheels supply under KLW brand to the railroads of Saudi Arabia amounts to 14 thousand pieces. Interpipe will produce and supply three dimensions of wheels for freight wagons and locomotives: 838 mm, 920 mm and 1046 mm.
Shipments will be completed by the end of spring this year. The company gained the right to supply these railway products to Saudi Railways Organization under the tender won in 2016.
According to the press release, this is the first long-term contract for railway wheel supplies to Saudi Arabia. For Interpipe this is a quite promising and growing market, since Saudi Railways Organization is one of the largest railway operators in the Middle East, and the country develops its national railway infrastructure proactively.
“One of the peculiarities of the rolling stock operation in Saudi Arabia consists in the excessive wheel wear due to the specific climate. KLW wheels fully comply with the customer’s requirements. We are going not only to work on the supplies of the currently available products, but also cooperate with the local railway, to search for technical solutions to extend the service life period of wheels in such an aggressive environment,” Interpipe CCO Oleksandr Harkavy said.
Interpipe is global producer of steel pipes and railway wheels, based in Ukraine. The company’s products are marketed in more than 80 countries around the world through a network of sales offices located in key markets of Ukraine, the CIS, the Middle East, North America, and Europe.
