Business news from Ukraine

NBU REGISTERS IBOX MONEY TRANSFER INTL SYSTEM

KYIV. Aug 17 (Interfax-Ukraine) – The National Bank of Ukraine on August 4 registered the iBox Money Transfer international remittance system, whose payment organization is PJSC iBox Bank (formerly Agrocombank, Kyiv).

Participants in the payment system are OJSC Zaminbank (Azerbaijan) and PJSC Artem-Bank (Kyiv).

According to the NBU, taking into account iBox Money Transfer, currently eight payment systems, whose payment institutions are banks, are registered, three of them are international.

In addition, 11 payment systems, created by non-banking institutions, are registered, including one international.

As reported, in May Agrocombank stated the National Bank of Ukraine had approved the rules of the iBox Money Transfer international payment system.

UKRAINE THRESHES 37.5 MLN TONNES OF EARLY GRAIN CROPS AS OF AUG 12

KYIV. Aug 16 (Interfax-Ukraine) – Ukraine as of August 12 had threshed grain and leguminous crops on 9.7 million hectares, harvesting 37.5 million tonnes of grain.

The press service of the Agricultural Policy and Food Ministry reported the yield is 39.4 centners per ha.

Some 26.2 million tonnes of wheat were threshed on 6.1 million ha or 99% of the target with the yield of 42.8 centners per ha.

Some 9.8 million tonnes of barley were threshed on 2.86 million ha or 99% of the target with the yield of 34.1 centners per ha.

Around 757,000 tonnes of peas were harvested from 235,000 ha (99%) with the yield of 32.2 centners per ha.

Some 370,000 tonnes of rye were threshed on 137,000 ha (96%) with the yield of 26.9 centners per ha, and some 468,000 tonnes of oats were threshed on 182,000 ha with the yield of 25.6 centners per ha.

In addition, some 1.1 million tonnes of winter rapeseeds were threshed on 431,000 ha (95%) with the yield of 26.2 centners per ha.

The ministry predicts grain harvest at 61 million tonnes.

 

AGRICOM GROUP EXPANDS LAND BANK BY 10,000 HA

KYIV. Aug 16 (Interfax-Ukraine) – Agricom Group has expanded a land bank by 10,000 ha, to 40,000 ha thanks to the acquisition of a cluster on the border of Rivne and Zhytomyr regions.

The company said in a press release that the enterprises of the new cluster will plant wheat, soybeans and rapeseeds.

“This year we will start working – in autumn the fields will be planted with winter crops. Next phase is building the storage and processing capacities on the territory of the cluster,” Agricom Group Executive Director Petro Melnyk said.

Аgricom Group produces and distributes food made of grain at own production base. It unites agricultural, processing and trade enterprises.

PALLADA PLANT TO BUILD NEXT GENERATION FLOATING DOCK FOR CYPRIOT CUSTOMER

KYIV. Aug 16 (Interfax-Ukraine) – Kherson State Plant Pallada, part of Ukroboronprom state concern, will build a next generation floating dock with a capacity of 7,100 tonnes under the order of Cypriot Multimarine Shipyards Ltd. and supply it to the customer.

A source in the defense sector told Interfax-Ukraine a contract with the Cypriot company was signed a few days ago. The amount of the contract has not been made public, the dock is to be delivered to the customer in 2017.

The new dock, which will be built under the supervision of the American Bureau of Shipping, will be operated by Multimarine Shipyards Ltd in the port of Limassol (Cyprus) and will be able to dock ships and floating structures used in the development of the Mediterranean Sea shelf with a docking weight of up to 7,100 tonnes and a docking draft of up to 6.3 meters.

Kherson State Plant Pallada is currently the world’s only shipyard that specializes in building next generation composite floating docks for maintenance of civil and naval ships. The warranty period of the equipment it makes is 50 years. Among the company’s customers are Japan, South Korea, Finland, Bulgaria, Turkey, Algeria, Croatia, France, and South Africa.

CROWN AGENTS: UAH 500 MLN SAVED IN PURCHASE OF MEDICINES ON CHILDREN, ADULT ONCOLOGY PROGRAMS

KYIV. Aug 16 (Interfax-Ukraine) – British-based procurement agency Crown Agents has stated the saving of more than 45% or UAH 500 million in procurement of medicines on children’s and adult oncology programs for the funds of the 2015 national budget compared to purchases in 2014.

“Thanks to the efficient procedure and clear tender processes more than 90% of items were purchased for a lower price compared to 2014, in some cases the saving exceeded 80%. This resulted in the saving of more than 45% or about UAH 500 million of budget funds compared to 2014 under the procurement programs for adult and pediatric oncology,” Crown Agents told Interfax-Ukraine.

Crown Agents noted the international organization expects the implementation of supplies for a total of $3.6 million under these programs by the end of August. Thus, the total volume of shipments under the programs will amount to 80% of medicines for adult oncology and 58% for child programs.

As of mid-August, Crown Agents had delivered more than 75% of medicines in the framework of centralized purchases for adult oncology programs, 38% of medicines for children, as well as 38% of purchased drugs “which are in Ukraine but need approval of the necessary documentation by the Health Ministry for delivery to hospitals.”

SMART-HOLDING SHIPYARD WINS TENDER TO REPAIR BORDER GUARD SERVICE SHIP, NAVAL FORCES DIVING VESSEL

KYIV. Aug 16 (Interfax-Ukraine) – PJSC Chornomorsky Shipbuilding Yard (Mykolaiv), part of Smart Maritime Group (SMG) belonging to Smart-holding of Vadim Novinsky, has won two tenders for repairs of marine equipment for Ukrainian military, according to SMG’s press service.

According to a report on SMG’s website, in particular, Chornomorsky Shipbuilding Yard was determined the winner in the tender announced by the State Border Guard Service of Ukraine for repairs of the Mykolaiv coast guard ship (205P project).

Seven companies took part in the tender.

During repairs the plant will carry out cleaning, painting, replace metal, repair shaft lines, steerage, bottom reinforcement, replace galvanic-action protectors, perform mechanical work.

The planned period of repairs is 40 days.

The ship will arrive at the plant in the coming days, the statement said.

According to the press service, Chornomorsky Shipbuilding Yard was also determined the winner in the tender to repair the Netishyn diving ship of the Ukrainian Navy (based in Ochakiv).

Two companies participated in the tender.