Business news from Ukraine

National Police announces tender for purchase of 30 special buses for UAH 124 mln

The National Police of Ukraine has announced a tender for the purchase of 30 specialized buses for a total of UAH 124.07 million by October 4 this year, according to the Prozorro electronic public procurement system.
According to the announcement of the open tender with specifics, bids are accepted until July 2, and the auction is scheduled for July 3.
The technical conditions of the tender provide for the supply of new (2024) intercity buses with soft seats, with at least 30 seats and at least three doors. The buses must be equipped with a diesel engine with a capacity of at least 4.5 liters and an environmental standard of at least Euro 5.
The bus must, in particular, have tinted windows in the passenger compartment, air conditioning and autonomous heating systems, a set of spare parts, a fire extinguisher, a first aid kit, and a blue beacon on the roof.
The warranty period is at least 2 years and/or 100 thousand kilometers.
The delivery period is up to 90 calendar days from the date of the contract conclusion or prepayment.
In particular, the participant must document the fact that in 2023 a similar contract (contracts) for the supply of at least 15 buses was executed.
The payment terms provide for payment upon delivery of the goods during the current budget period, or an advance payment of 45% of the cost of the goods, subject to justification of the need for an advance payment and its amount.

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Structure of foreign exchange reserves as of 31.03.2024

Structure of foreign exchange reserves as of 31.03.2024

Source: Open4Business.com.ua and experts.news

Continental acquires elevator complex with capacity of 120 thousand tons

Continental Farmers Group has acquired a linear-type elevator complex in Lviv region to handle grains and oilseeds with a one-time storage capacity of 120 thousand tons, the company’s press service reported on Facebook on Tuesday.
According to the report, the acquired capacities consist of 77 thousand tons for storage in metal silos, and 43 thousand tons in prefabricated reinforced concrete silos and warehouses. This brings the total storage capacity of Continental to 634 thousand tons.
“Continental continues to implement its development strategy and invest in additional storage capacity, despite the difficult economic situation in the country (…) With the acquisition of this facility, we also have the opportunity to significantly optimize our logistics: the new elevator is located near a major railway junction and has the capacity to ship up to 45 rail cars of grain per day,” said Georg von Nolken, CEO of Continental Farmers Group, as quoted in the statement.
He also emphasized that the elevator complex is modern, multifunctional and fully automated, so the group did not incur extra costs for modernization or additional equipment, which is also important nowadays.
The agroholding noted that the expansion took place in a region that, given its large land bank, was not sufficiently covered by its own grain storage facilities: until now, only three small Continental drying and grain complexes with a total capacity of 31 thousand tons were operating in Lviv region.
“Continental Farmers Group owns elevator facilities in Ternopil and Ivano-Frankivsk regions. With the acquisition of the elevator in Lviv region, the agricultural holding will be able to provide third-party consignors with a range of services for grain acceptance, determine its quantity and quality, bring it to the condition and contractual indicators, store and ship it to road and rail transport.
Mriya Agro Holding and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018, when Mriya entered into an agreement with international investor Salic UK to sell its assets.
Salic was founded in 2012. Its sole shareholder is the Saudi Arabian Public Investment Fund, which invests in agricultural and livestock production.

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Electric oven in the stove does not turn on: TOP-5 causes of failure

An electric oven is an indispensable assistant in the kitchen. It allows you to cook delicious dishes with minimal effort. However, sometimes the electric oven can suddenly stop turning on. In this article, we will look at five main reasons why this can happen, as well as mention the main manufacturers of electric ovens, so that you can better navigate the choice of appliances.

Top 5 reasons why an electric oven malfunctions

1. Problems with the power supply
One of the most common reasons why an electric oven may not turn on is a lack of power supply. Check to see if the appliance is plugged into an outlet and if the outlet itself is working. It may be worth checking the circuit breaker in the electrical box – it may have tripped due to a mains overload.

2. Faulty thermostat
The thermostat is responsible for maintaining the correct temperature in the oven. If it fails, the oven may not turn on at all. A faulty thermostat needs to be replaced, and it is better to entrust this work to a professional.

3. Problems with the controls
If the oven’s buttons or knobs don’t work, this could also be the cause of the malfunction. Try to gently press all the buttons and check if there is no mechanical damage. Sometimes the problem is solved by replacing or repairing the control panel.

4. Blown fuse
Inside the oven there may be a fuse that protects the appliance from overloads. If it is blown, the oven will not work. You can replace the fuse yourself, but if you are not confident in your abilities, it is better to contact a specialist.

5. Problems with the heating elements
Heating elements are an important part of an electric oven. If one of them burns out or fails, the oven may stop turning on. Checking and replacing heating elements requires certain skills and tools, so it is better to entrust this work to professionals.
Main manufacturers of electric ovens

There are many manufacturers of electric ovens on the market, offering a wide range of models with different functions and characteristics. Here are a few of them:

1. Bosch
A German brand known for its reliable and high-quality home appliances. Bosch electric ovens are characterized by durability and innovative technology.
2. Electrolux
A Swedish company offering functional and stylish electric ovens. Electrolux products are famous for their user-friendliness and modern design.
3. Siemens
Another German manufacturer known for its premium models of electric ovens. Siemens combines high technology and elegant design in its devices.
4. Samsung
A South Korean brand that offers a wide range of home appliances, including electric ovens. Samsung products are characterized by excellent value for money.
5. Gorenje
Slovenian manufacturer known for its high-quality and affordable models. Gorenje electric ovens are popular due to their reliability and functionality.

Conclusion

If your electric oven has stopped turning on, do not hurry to panic. Check the main causes of malfunction described in this article and try to solve the problem yourself. Help you to carry out repair of electric ovens in Kiev can be qualified specialists RemService company. Remember that proper care and regular maintenance will help to extend the life of your appliances and avoid unexpected breakdowns.

 

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Ukraine exported goods worth $19.5 billion in January-June

Ukraine’s international trade in goods remained stable in January-June 2024 compared to the same period in 2023: $19.5 billion worth of goods were exported, which is the same as last year, Deputy Minister of Economy and Trade Representative of Ukraine Taras Kachka said on his Facebook page.
According to him, the physical export capacity increased by 35% to 71 million tons.
“Over the year, there was a significant correlation in prices for the main export commodities, which explains the phenomenon when the volume of exports in weight is much higher, while the revenue remains stable,” Kachka explained.
The trade representative pointed out that the increase in the capacity of trade routes has an interesting impact on the pace of exports by month.
After record-breaking April and May, exports in June amounted to $2.7 billion and 9.7 million tons, respectively, which is a significant drop compared to May, Kachka said, adding that this is 18.4% less in monetary terms and 20.2% less in volume.
The main reason for this decline in exports, according to the Ukrainian trade representative, is the completion of last year’s harvest. Corn was exported by 23.7% less in June, wheat by 40.8% less, and oil by 37.8%.
At the same time, the top 10 exports remained stable: ore – 239 million (-1.5% compared to May), poultry – 79 million (-3.5% compared to May), flat products – 79 million (+7%), soybeans – 66 million (+45%).
According to Mr. Kachka, imports in June were also down 5.6% to $4.8 billion.
At the same time, in the first half of 2024, Ukraine imported goods worth $31.9 billion, which is 4.9% more than in the first half of last year.
He reminded that a new marketing year for grains and oilseeds began on July 1, and offered to summarize the results of MY 2023-2024.
According to Mr. Kachka, Ukraine exported 69.86 mln tons of grains, oilseeds and oils.
“The export of wheat amounted to 18.43 mln tonnes, which is 9% more than in 2022/23 MY. Corn exports amounted to 29.41 mln tonnes, up 0.2% compared to the previous marketing year. Barley – 2.48 mln tons, down 8.5%. Soybeans – 2.98 million tons, also -8.2% compared to last year. Rapeseed – 3.7 million tons, up 8.7%. Sunflower oil – 6.54 million tons, up 22.8%. Soybean meal – 0.662 million tons, +12.5%, sunflower meal – 5.15 million tons, +29.1%,” he said.
Kachka also drew attention to the “staggering drop in exports, which is good news”.
“Last marketing year, Ukraine exported only 324 thsd tonnes of sunflower. This is 86.3%. That is, we are returning to a situation where sunflower is processed in Ukraine,” summarized the Ukrainian trade representative.

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Naftogaz Group increased gas production by 8% over six months

In January-June 2024, Ukrgasvydobuvannya JSC and Ukrnafta PJSC produced 7.3 billion cubic meters of commercial gas, which is 8% more than in the same period last year, the press service of Naftogaz Group reports.
According to the press service, such production figures also exceed the group’s operational plan by almost 2%.
“We managed to achieve this result by launching 41 wells, which is one more than planned. Of these, 14 are high-rate wells producing more than 100 thousand cubic meters of gas per day. Our experts are also constantly analyzing old wells that can be brought back into operation using new technical solutions,” said Oleksiy Chernyshov, CEO of Naftogaz.
Naftogaz’s consolidated quarterly report says that the group’s forecasted commercial gas production for 2024 is expected to reach 14.6 billion cubic meters. In February, Chernyshov said that the group’s goal for this year was to get closer to 15 bcm of production.