Kernel, one of the largest Ukrainian agricultural groups, held the third auction for the lease of grain carriages from its railway fleet for February-March 2022, a total of 220 cars were contracted for UAH 1,850-2,012 per day excluding VAT, the agricultural holding wrote on Facebook.
According to the agricultural holding, the auctions were held in the English auction mode (for the price increase). The lots included cars in batches of 10, 20, 30 and 50 units.
As reported, Kernel has successfully completed previous auctions for leasing grain cars from its railway fleet. On November 23, 2021, the first lease auctions were held, during which 220 wagons were contracted for UAH 1,800-2,000 per day excluding VAT.
As reported, Kernel in February 2019 acquired 100% of shares of the railway operator Rail Transit Cargo Ukraine (RTC Ukraine) for $64 million. The operator took the second place in Ukraine in the number of grain carriages after Ukrzaliznytsia (2,950 cars, 15% of the market).
Kernel is a manufacturer and exporter of sunflower oil, operating in production, export and domestic sales of sunflower oil, crop production, export of grain crops, provision of services for storage and transshipment of grain at elevators and port terminals. According to the agricultural holding, it ranks first in the world in production of sunflower oil (about 7% of world production) and its export (about 12%), and is also the largest producer and seller of bottled sunflower oil in Ukraine.
Mariupol-based Illich Iron and Steel Works (Donetsk region), part of Metinvest Group, in January-November this year increased production of general rolled products, according to recent data, by 13% year-over-year, to 3.78 million tonnes.
As the company told Interfax-Ukraine, steel production during this period increased by 5.5%, to 3.9 million tonnes, and cast iron – by 7.4%, to 4.64 million tonnes.
In November, the plant produced about 360,000 tonnes of general rolled products, 350,000 tonnes of steel, and 460,000 tonnes of cast iron.
According to information from Metinvest Mariupol, the plant is completing the replacement of gas purifiers in a limestone firing building of an agglomeration shop. “Modern flat-bag filters will appear instead of outdated cyclones. Three firing machines have already been equipped with new cleaning equipment. Work is underway on the last one, the fourth,” the press release explains.
All work is planned to be completed by the end of this year. The environmental effect of the project is a reduction in the amount of dust by 82%.
Investments in reconstruction amount to UAH 200 million.
The Ministry of Infrastructure is studying the possibility of purchasing the first five An-158 aircraft from the state-owned enterprise Antonov (Kyiv), which is part of Ukroboronprom, for the needs of the Ukrainian National Airlines (UNA), the Ministry of Infrastructure has reported on Facebook.
The signing of the relevant contracts is expected in the first or second quarter of next year.
“For Ukrainian National Airlines, the sole owner of which is the state, different classes of aircraft are needed. For regional and medium-haul flights, we are considering the An-158, which is ideal for flights around the country,” Minister of Infrastructure Oleksandr Kubrakov is quoted as saying.
Antonov enterprise expects that the contracts will be signed directly between the State Enterprise and JSC Ukrainian National Airlines.
“The An-158 is an excellent plane with 99 seats. We are ready to build five such planes within the next three years by order of the Ministry of Infrastructure and the National Air Carrier. The first plane will be launched within the first year,” Yuriy Husev, Director General of Ukroboronprom, said.
Ukrainian National Airlines was established in November 2021 on behalf of President of Ukraine Volodymyr Zelensky. Its main task is to develop domestic air transportation, expand the geography of flights for Ukrainians, protect the strategic interests of the state and turn Ukraine into a major European air hub.
Pavlohradvuhillia and Bilozerska mines, which are part of DTEK Energy, produced 15.2 million tonnes of coal in January-November 2021, which corresponds to the same production volume for the same period in 2020, the press service reported.
In November 2021, production amounted to about 1.5 million tonnes against 1.3 million tonnes in November 2020 (excluding Dobropilliavuhillia, already returned from lease).
DTEK Energy commissioned 28 new longwalls at its mines in 11 months, in November – five.
“DTEK Energy continues to produce maximum coal at its own mines. This is very important for the stability of the Ukrainian energy system during peak periods of consumption. In November, we produced about 1.5 million tonnes of G grade coal and put into operation five new longwalls. Also, the Dniprovske and Heroiv Kosmosu mine administrations have fulfilled the annual production plan ahead of schedule and continue to increase it to the maximum,” CEO of the company Ildar Saleev said.
As reported, DTEK Energy plans to ensure the production of about 17 million tonnes of coal in 2021.
DTEK Energy is an operating company responsible for coal extraction and enrichment, maintenance of mine equipment and power generation in the structure of DTEK Holding of Rinat Akhmetov.
One of the key priorities for the development of the Ukrainian economy is to support agriculture through the development of irrigation systems, which will be dealt with by the Ministry of Economy from next year, Prime Minister Denys Shmyhal said.
“Completion of land reform, support for agriculture through the development of irrigation systems. This is the key project, and the Ministry of Economy will be responsible for it from next year, because this project is more about the economy, about increasing the GDP of our country,” he said during the UkraineInvest “MAKE in UA” forum in Kyiv.
As reported, last week Deputy Minister of Economy Denys Kudin at a conference in Kyiv called irrigation of land in southern Ukraine as one of the main infrastructure projects of the government. The first pilot project in this direction will start in 2022. It will cover 200 hectares of land in four southern regions of the country.
A similar opinion was expressed by Minister of Agrarian Policy and Food Roman Leschenko. According to him, the priority for his department in 2022 will be animal husbandry, gardening and land reclamation.
The restoration of the reclamation industry has become a national project until 2024. The Ministry of Agrarian Policy planned in 2021 to launch a pilot project to restore irrigation systems in Odesa, Kherson, Mykolaiv and Zaporizhia regions.
The Verkhovna Rada has adopted law “On financial services and financial companies” (No. 5065) at the second reading.
The corresponding decision was supported by 248 deputies at a parliamentary meeting on Tuesday.
As reported, the draft law on financial services and financial companies was adopted as a basis on April 27.
The document expands the terminology used in the legislation on regulation of financial services markets, enshrines the principles of providing financial services and protecting the rights of customers (consumers) in order to ensure the functioning of a transparent and competitive market environment.
In addition, the provision on the obligations of a financial service provider to provide complete and comprehensive information has been expanded, to establish requirements not only for advertising of financial services, but also for any other form of dissemination of information about financial services in order to maximize the protection of clients from false or manipulative information.
