The fleet of heavy transport aircraft An-124-100 Ruslan as of the current moment can be operated for another 10-18 years, Deputy Director of the air transport company of the Antonov State Enterprise for aircraft maintenance and airworthiness support Maksym Sanotsky has said.
“Today, the entire fleet of An-124-100 aircraft can be operated for another 10 to 18 years and this is only now. And this program will expand. Strength tests of the structure of this aircraft are underway. And I hope that the life of not only An-124-100, but all Antonov aircraft will be extended,” he said at a press conference in Kyiv on Friday.
He said that the management of the Antonov State Enterprise very closely monitors compliance with the requirements of European and U.S. industry regulators.
According to Sanotsky, precision navigation systems have already been installed on the Ruslan aircraft. Radar equipment, life support systems, as well as chassis and other mechanical systems are being changed.
He also said that now Antonov can install modernized D-18T engines of the 3M series with an extended service life on its aircraft.
“We expect that the modernization program will be completed in five or six years. And all An-124 aircraft will be the same,” Sanotsky said.
Germany’s Federal Network Agency has not yet made a decision on Ukraine’s request to involve it in the certification of Nord Stream 2, the agency’s spokesperson Fiete Wulff told Interfax.
“The decision on the involvement request has not been made yet. The date of the decision has not been determined,” Wulff said.
Germany’s Federal Network Agency confirmed earlier that Ukraine asked the agency to involve it in the Nord Stream 2 gas pipeline’s certification process.
“The Federal Network Agency can confirm that Ukraine’s Naftogaz national joint-stock company and Gas Transmission System of Ukraine LLC have filed a request for invitation to this process,” Wulff told Interfax on November 8.
In line with the agency’s rules, those invited receive the right to give their opinions during the certification process, Wulff said.
Prime Minister Denys Shmyhal has discussed the possibility of increasing natural gas supplies to Ukraine through the territory of Slovakia with Prime Minister of Slovakia Eduard Heger.“Slovakia is one of the main partners of Ukraine in the energy sector. Today, we have discussed the possibility of increasing natural gas supplies to Ukraine through the territory of Slovakia. This can happen in accordance with the agreements of the gas transmission system operators of our countries,” Shmyhal at said a joint briefing with Heger in Zakarpattia region on Friday.In addition, he said that in the transport sector, an important component of cooperation could be the provision of rail container traffic on the Asia-Europe route.Shmyhal announced Ukraine’s interest in increasing additional freight traffic through the country. “A promising area of cooperation is the creation of multimodal logistics terminals for handling cargo at the Ukrainian-Slovak border,” he added.The parties also discussed the development of border infrastructure, in particular, the functioning of joint checkpoints and joint customs control.“Cooperation with Slovakia in the customs sphere is no less important for us. We are working on mutual recognition of the results of customs control,” he added.The Prime Minister of Ukraine said that in the near future the dates of the meetings of the Ukrainian-Slovak Commission on Economic, Industrial, Scientific and Technical Cooperation, the Commission on Cross-Border Cooperation and the Commission on National Minorities will be determined.Shmyhal also thanked Slovakia for supporting the sovereignty and territorial integrity of Ukraine.
The net assets of Ukrainian banks in July-September 2021 increased by 2.1% – to UAH 1.932 trillion, due to the revival of lending to corporations and individuals, according to data released on the website of the National Bank of Ukraine (NBU).
According to its data, in July-September, the assets of banks with foreign capital grew by 6.3% – to UAH 604 billion, private banks – by 11%, to UAH 411 billion, PrivatBank – by 1%, to UAH 375 billion, while as the assets of state banks decreased by 7%, to UAH 543 billion.
“The growth of bank assets in the third quarter was provided mainly by lending. Net hryvnia loans to businesses and the population in annual terms grew by more than 40% and 30%, respectively, mortgage loans “accelerated” to almost 55% year-on-year. This indicates the ongoing post-crisis growth of “credit appetites” on the part of both supply and demand,” NBU Governor Kyrylo Shevchenko said on Facebook.
He noted that the share of non-performing loans in the third quarter decreased by 3.9 percentage points, to 33.3% due to the largest write-off of non-performing assets this year and accelerated lending.
According to the survey, in July-September, the volume of household deposits in hryvnias decreased by 1.4%, mainly due to funds on demand as a result of a seasonal increase in consumer spending. At the same time, in annual terms, the volume of hryvnia funds of individuals increased by 15%.
It is indicated that funds of business clients in the national currency increased by 6.9% in the quarter and by 28.1% year-over-year.
According to the NBU, the factors of profitability are the continued growth of operating efficiency and a significant reduction in provisions to reserves.
ARX Insurance Company in January-September 2021 collected more than UAH 2.5 billion in insurance premiums, which is 30% more than in the same period a year earlier, according to a press release from the insurer. It is also noted that payments to customers for the reporting period amounted to more than UAH 942 million, which is 29% more than a year ago. The volume of premiums collected for KASKO insurance amounted to more than UAH 1.4 billion, which is more than a third more than in the same period last year (32.7%). The amount of payments exceeded UAH 664 million. The amount of collected premiums on OSAGO stood at UAH 38.8 million (up by 29.7%), on voluntary medical insurance – more than UAH 379 million of premiums (more by 32.5%), more than 140 million insurance claims were paid, property insurance collected UAH 288.5 million (more by 23.5%), payments amounted to more than UAH 27 million. The press release notes that the sum of the collected premiums of the life insurance company ARX Life for the specified reporting period amounted to UAH 192.7 million (more by 23%). The amount of payments was UAH 37.4 million. The profit of both companies for the nine months of 2021 amounted to UAH 200 million. As reported, ARX has been operating in the insurance market for 26 years and has been the leader in KASKO insurance for the 12th year in a row. It ranked first among Ukrainian insurers in terms of net insurance premiums and net insurance payments for 2019. It is part of the international insurance holding Fairfax Financial Holdings Limited (Canada). AXA Group (France) in February 2019 completed the sale of its subsidiaries in Ukraine: PrJSC AXA Insurance and AXA Insurance Life. On July 1, 2019, AXA Insurance changed its name to ARX Insurance Company. AXA Life Insurance began operating under the ARX Life brand.
Kronospan company plans to launch the production of particle boards (chipboard) at a new site in Horodok of Rivne region in November this year, Executive Director of Kronospan Rivne Pavlo Piltiay has told Interfax-Ukraine.As reported, the plant was previously expected to start operating in late October.The expert recalled that Kronospan is investing EUR 200 million in the new plant, and the same amount is planned to be invested in the implementation of the second stage of the project – the production of oriented strand board (OSB).As reported, the estimated launch date for this production is the third quarter of next year.Kronospan began investing in a new site back in 2018, but only in mid-2020 received permission to start architectural and construction work, and it took another six months to obtain various permits.The new enterprise is introducing an ecological system/filters to protect the environment from dust and other chemical contamination. It also installed a special module for monitoring the environment around the factory (formaldehyde, steam, other pollutants). Chipboard production in Horodok is designed to produce 900,000 cubic meters of products per year, it is planned to create 200 direct jobs and about 2,000 in related industries, the average salary is UAH 18,000 per month. Some 40% of the production is planned to be exported.
