Business news from Ukraine

Business news from Ukraine

ROMANIAN PORT EXPANDS OPPORTUNITIES FOR THE EXPORT OF UKRAINIAN GRAIN

The port of Constanta (Romania) has begun using a floating crane to reload crops arriving along the Danube River on barges from Ukraine onto commercial ships for further shipment to third countries.
This will eliminate the need to reload grain to port granaries from the logistics chain and will increase the cargo flow processed by the port, according to the website of the Bulgarian publication Maritime.bg.
“Transport Trade Services (TTS) has launched a new comprehensive logistics project that provides a significant increase in cargo traffic from Ukraine, transported from the river ports of Reni and Izmail, and their subsequent loading onto commercial sea vessels in the port of Constanta,” the publication’s website states.
According to him, Ukrainian grain cargoes will be reloaded by a floating crane in the deep-water part of the port of Constanta directly from barges arriving by river transport to commercial vessels.
According to the publication, the first ship loaded according to the new logistics model was the Lausanne motor ship (the flag of Sierra Leone), which received 31,000 tons of grain from Ukraine.
As reported, due to the congestion of logistics routes in the Sulina Canal (Romania), Ukrainian exporters of agricultural products are forced to wait in line for loading grain carriers for 10 days or more, which in total causes them $500,000 in losses per day.
Ukrainian Minister of Agropolitics Mykola Solsky said that the logistics of Ukrainian agricultural products through Romania could become more complicated and slow down in June, when a new crop of Romanian, Serbian, Hungarian and Bulgarian winter wheat and barley will begin to arrive at the seaports of this country and will create competition for supplies from Ukraine.

, ,

UKRAINIAN PLANT “TEKHKOMPLEKT” BEGAN PRODUCTION OF GRAIN CARRIERS

The Tekhkomplekt special equipment plant, which has production facilities in the Kyiv and Poltava regions, has begun production of grain trucks with a large load under the AGRiLine marking, the company reports on its website.
“The first model of a grain carrier, called MEGA Koshmanivets, was released in partnership with our dealer, Eridon Tech, and the entire line of grain carriers will be produced under the AGRiLine label and will be mounted on truck chassis, semi-trailers and trailers,” the message says.
The body of the grain truck MEGA Koshmanivets has unloading back and on the right side, the volume of loading with agricultural crops is designed for 35 cubic meters. m.
A Chinese truck with a gross weight of 33.5 tons and a permissible load capacity of 24.5 tons is used as the base chassis, but, as noted in the message, a grain carrier with such a body volume and based on any other chassis with a gross weight of 32 tons or more is recommended to load up to 20 tons.
Among the advantages of the grain truck body, Tekhkomplekt notes the use of Strenx 700 high-strength steel for the manufacture of load-bearing elements of the platform and sides, Hyva hydraulics, imported factory fittings for tipping the body, and other structural advantages.
The production of AGRiLine grain carriers has passed the necessary tests and is certified by Ukrainian notification authorities.
The plant is currently forming a portfolio of orders for 2023.
Plant “Tekhkomplekt” is an enterprise with a full cycle of production of special equipment and superstructures on the chassis of cars of various brands. The resources of the enterprise allow to repair and re-equip up to 100 trucks and commercial vehicles monthly. For 24 years of operation, the plant has shipped more than 35 thousand units to customers. special equipment.
Earlier it was reported that in connection with the abandonment of the Belarusian (MAZ) and Russian (GAZ) manufacturers, which were previously actively used as new base chassis, Tekhkomplekt is expanding their model range, including through Asian manufacturers.

, , ,

GERMANY DECIDED TO SIMPLIFY OBTAINING PERMANENT RESIDENCE PERMIT FOR MIGRANTS

Tens of thousands of migrants will be able to legally stay in Germany after the country passed a law that makes it easier for them to obtain documents for permanent residence, the Associated Press (AP) reported on Wednesday.
“We want people who have already settled here to have good opportunities,” German Interior Minister Nancy Feather was quoted as saying by the AP.
“Also through this law, we will put an end to bureaucracy and uncertainty for people who have become part of society,” she added.
The new measure will affect around 136,000 people who have lived in Germany for at least five years.
At the same time, these people must have a decent salary, speak German and prove that they have integrated well into society.
Those who meet the necessary requirements can first apply for a residence status in Germany for a period of one year, and then for a permanent residence permit in the country.
People under 27 can apply for permanent residence after they have lived in the country for at least three years.
Information technology specialists, as well as some other specialists that Germany needs, will have the opportunity to move with their families, which was not possible before. In addition, the law will make it easier to enroll in German language courses for refugees, as well as facilitate the deportation of criminals.

, ,

“CENTRAVIS” BEGINS SUPPLYING PIPES TO GERMAN COMPANIES

PJSC Centravis Production Ukraine (Centravis Production Ukraine), which is part of the Centravis Ltd. holding, after quality approval, supplied stainless steel pipes of the German companies Buhlmann and Bilfinger, intended for use in the nuclear industry.
According to a press release from the company on Wednesday, the pipe acceptance procedure was carried out in Germany.
It is noted that the Buhlmann group of companies is a premium company selling steel pipes, pipe fittings and accessories worldwide, and Bilfinger is a European company specializing in civil and industrial construction, design, services, located in Germany.
“Final inspection of the last lines of the Hinkley Point C BOP order has been completed. Hinkley Point C is a 3200 MW nuclear power plant consisting of two units, the plant is under construction in Somerset, England. The Hinkley Point C nuclear power plant is of great importance for the UK in terms of reducing emissions carbon.”, – stated in a press release.
In addition, it is specified that the electricity produced by the two EPR reactors will prevent the emission of carbon dioxide at the level of 9 million tons annually. Mechanical properties, metal structure and resistance to intergranular corrosion fully meet the requirements used in the nuclear industry. The auditors also had no comments on the document flow and its quality.
“You managed to complete all the remaining work and provide us with full support in the export of products from Ukraine. We greatly appreciate the stable and reliable communication with you and your team over the past few weeks,” said Jan Paul Godhoff, director of international projects at Buhlmann.
In turn, Centravis Sales Director Artem Atanasov stressed that Ukraine is now going through difficult times, and participation in major global projects is the company’s support from European colleagues.
“Centravis” is one of the world’s largest manufacturers of seamless stainless steel pipes, founded in 2000. Its production facilities are located in Nikopol (Dnepropetrovsk region). Included in the top 10 global players, supplies pipes to more than 70 countries from different regions, in particular to Thyssenkrupp, Buhlmann, BMW, Alstom, Linde, Samsung, Volkswagen.
Before the Russian aggression, more than 1,400 people worked at the enterprise.
Holding Centravis Ltd. was created on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies LLC “Production and Commercial Enterprise “UVIS”. Its shareholders are members of the Atanasov family.
Owned by Centravis Ltd. 100% of the shares of PJSC “Centravis Production Ukraine” is located.

, ,

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF JULY 06

Official rates of banking metals from national bank as of July 06

One troy ounce=31.10 grams

,

GENERAL DIRECTOR OF “PHILIP MORRIS UKRAINE” ANNOUNCED UNFOUNDED CLAIMS FROM GOVERNMENT AGENCIES

PJSC “Philip Morris Ukraine” welcomes the actions of the Ukrainian authorities to restore the economy, improve the investment climate and business conditions, however, the company said that over the past few months it has been facing numerous unfounded claims from the authorities.
“Due to the stoppage of production in Ukraine, we refocused on imports and immediately faced more than a week of downtime of our products at customs due to bureaucratic procedures for calculating VAT on tobacco products. Then the work of our warehouses was paralyzed by actual inspections of the STS with baseless accusations. And any delay in the sale of our products means lost sales and, accordingly, unpaid excise tax, the volume of which can reach UAH 100 million daily,” said Maxim Barabash, CEO of the company, in a blitz interview with Interfax-Ukraine.
He noted that such delays are especially strange in the context of a full-scale invasion of the Russian Federation, when the country needs money due to a huge state budget deficit.
According to the company’s general director, representatives of the Economic Security Bureau (BEB) came to the Philip Morris warehouse in Kyiv on June 24 to conduct a search – an urgent investigative action that lasted several days, including during air raids.
“In our opinion, there were no legal grounds for a search of the BEB representatives. As a result, a batch of foreign-labeled cigarettes was temporarily seized. This product was produced before the war for the Japanese market and, due to obvious circumstances, cannot be exported. The product is legal stored in warehouses,” Barabash explained.
The head emphasized that such a situation interferes with the normal operation of the business and leads to a shortfall of millions of hryvnias in taxes by the state, and the company incurs significant time costs “for explaining obvious things.”
Another issue that the company is now solving is the disappearance of a large batch of cigarettes from the customs warehouse at one of the airports in Ukraine, which Philip Morris planned to export to Japan. Now the company finds out under what circumstances and where they disappeared, and does not exclude that the stolen cigarettes could already be on sale in the shadow market.
“In order for investors to be interested in participating in the recovery programs announced in Lugano, the authorities must take concrete steps so that businesses do not have to deal with such actions of government officials that we constantly face,” Barabash stated.
Philip Morris International, which includes PJSC “Philip Morris Ukraine”, is one of the world’s largest manufacturers of tobacco products.
The company has been operating in Ukraine for more than 20 years, owns a factory in the Kharkiv region. About 1.3 thousand people worked at the company’s enterprises before the Russian invasion. Before the war, the factory was an export hub for more than 20 countries, in particular such large markets as Japan and Egypt.
PJSC “Philip Morris Ukraine” in 2020 increased its net profit by 5% compared to 2019 – up to UAH 2.73 billion, assets increased by 18% over the year – up to UAH 11.51 billion, and retained earnings – by 55, 5%, up to UAH 7.79 billion.
The full flash interview with Maxim Barabash will be published on the main page of the website of the Interfax-Ukraine agency www.interfax.com.ua

, ,