KYIV. July 21 (Interfax-Ukraine) – PJSC Ukrgazvydobuvannia has announced tenders via the ProZorro procurement system for a total of 100 hydraulic fracturing operations to intensify natural gas production, duplicating a tender for the same 100 operations blocked in court.
According to the documentation, the expected value of services on each tender is UAH 135 million. The term of work is 12 months.
Hydraulic fracturing is to be carried out on the fields managed by Shebelynka and Poltava gas production directorates at a depth of 2,800-5,000 meters. The scheduled time for conventional hydraulic fracturing is three days per operation, and that for deep wells on Shebelynka field (5,700 meters) four days per area.
Bids for participation in the tenders are accepted from July 13 to July 20, from July 14 to July 21, from July 20 to July 27, and from July 21 to July 28.
As reported, nine companies submitted applications for participation in the first tender of Ukrgazvydobuvannia to conduct 100 hydraulic fracturing operations in 2016-2017. Six foreign companies are among the participants, including the world’s leading Halliburton Ukraine, Schlumberger Services, Weatherford.
KYIV. July 21 (Interfax-Ukraine) – The supervisory council of PJSC Zaporizhvohnetryv, Ukraine’s largest enterprise for production of refractories, part of Metinvest Group, has given preliminary consent to sign a contract with Minmetals Japan Corp. (Japan) for the supply of raw materials, namely magnesite and graphite, in 2016 for a total of UAH 142.5 million.
According to official information from the information disclosure system of the National Commission on Securities and the Stock Market, the supervisory council made the corresponding decision on July 15 this year.
Details of the transaction have not been disclosed.
It is permitted to sign a contract for the amount not exceeding 25% of the cost of the company’s assets according to the latest annual financial report, which is UAH 570.096 million. The ratio of the marginal cost of the transaction to the value of Zaporizhvohnetryv assets, according to the most recent annual financial statements, is 24.99579%.
Zaporizhvohnetryv in 2015 saw net income grow by 54.1% compared to 2014, to UAH 1.002 billion, while its net loss decreased by 67.4%, to UAH 21.031 million, pretax loss by 70%, to UAH 22.959 million from UAH 76.159 million.
Its retained earnings at the end of last year amounted to UAH 54.855 million.
KYIV. July 21 (Interfax-Ukraine) – The total profit of state companies in Ukraine in 2016 is expected to exceed UAH 20 billion, First Deputy Minister of Economic Development and Trade of Ukraine Yulia Kovaliv has stated.
“Today we have financial plans for most state-owned enterprises, and we expect that the losses of the companies will reduce significantly. In fact, as for fiscal plans on the top 50 companies – only two companies presented unprofitable fiscal plans. Thus, we expect the aggregate profit of state companies will be more than UAH 20 billion,” she said at a briefing.
According to the Ministry of Economic Development and Trade, the cumulative loss of the top 100 state-owned enterprises declined from UAH 119 billion in 2014 to UAH 42.6 billion in 2015: the total loss of loss-making enterprises decreased from UAH 124.5 billion to UAH 56.4 billion, while the total profit of profitable enterprises rose to UAH 13.8 billion from UAH 5.5 billion respectively.
Kovaliv also reported this year the credit indebtedness of state enterprises is expected to fall by almost 5%
According to the ministry, the most profitable state-owned enterprises in 2015 were Ukrenergo, Ukrhydroenergo, Energoatom, Turboatom and the Ukrainian Authority of Sea Ports.
KYIV. July 20 (Interfax-Ukraine) – Turkey has agreed on a contract for building subway in the city of Dnipro, City Mayor Borys Filatov has said.
“Turkish colleagues have brought an agreed contract for subway construction,” Filatov wrote on his Facebook page.
He also published his photo with a weighty bookbinding in the hands, which was signed in the following way: “And this large book is not the Great Encyclopedic Dictionary but our contract. We are waiting for press at a ceremony scheduled for July 28.”
As reported, on December 30, 2015 the Cabinet of Ministers of Ukraine passed the integrated property complex of state enterprise Dnipropetrovsk Subway Construction Directorate to the mayor’s office of Dnipropetrovsk.
In November 2015 the customer of building the first metro line in Dnipro [at that time Dnipropetrovsk] was the city council.
KYIV. July 20 (Interfax-Ukraine) – Nova Poshta (Kyiv) delivered 49 million packages in January-June 2016, which was 55% up year-over-year, and over 60% of them are documents and parcels weighing up to two kilograms.
“The results of the second half of the year are evidence of growth and strengthening of the e-commerce market. During the six months of this year the company delivered 10.9 million orders from online shops – this is 68% up year-over-year. Automatic parcel terminals are popular too: the number of parcels received via the terminals almost tripled compared to the first half of last year,” the company said in a press release.
Development Director Maksym Rabynovych said that the company’s strategy is to ensure high-quality service in all points of contact with clients.
“We hear their wishes and develop top-priority directions. Among them are improvement of address servicing, expansion of the range of financial and logistics services for individuals and business. Special attention is paid to easy and affordable international delivery. We are designing new products in this direction for various categories of clients,” he said.
The company said that at present its fleet consists of over 3,300 trucks. The chain of depots delivering parcels up to 30 kilograms is being expanded.
Today the Nova Poshta chain consists of 37 transloading terminals with gross area of 82,600 square meters and almost 2,300 depots and over 1,400 automatic parcel terminals. By the end of the year it is planned to open up to 200 automatic parcel terminals in regional centers.
The company delivered over 12,300 humanitarian parcels with gross weight of over 1,000 tonnes in cooperation with 120 volunteers in January-June 2016.
“Nova Poshta supports initiatives aimed at medical rehabilitation of ATO troops. The company plans to implement projects focused on social and psychological adaptation of military servicemen,” the company said.
KYIV. July 20 (Interfax-Ukraine) – The national sugar producers’ association Ukrtsukor predicts that sugar production would grow by 40% in the 2016/17 agricultural year (September-August), to 2 million tonnes.
“We could receive around 2 million tonnes of sugar this year,” Ukrtsukor Head Andriy Dykun said at a press conference in Kyiv on Tuesday.
He said that Ukraine made 2.08 million tonnes of sugar in the 2014/15 agri-year and 1.43 million tonnes in the 2015/16 agri-year.
Sugar production would expand, as the areas planted with sugar beats this year expanded by 25-30% and the yield improved thanks to good weather.
Ending sugar stocks are estimated at 600,000 tonnes.
Dykun expressed alarm with the intents of the Agrarian Fund to sell 60,000 tonnes of sugar on the domestic market, as this would push down the prices.
He expressed hope that the Ukrainian government would annul sugar price regulation and declaration of prices.
He said that since early 2016 Ukraine has exported 46,000 tonnes of sugar, and 40% of it went to Romania.
According to the association’s forecasts, the cash cost of sugar production in the 2016/16 agri-year could be UAH 15 per kilogram, and now wholesale prices of sugar are UAH 12.50-14 per kilogram.
