On Tuesday, February 2, at 17.00, the press center of the Interfax-Ukraine news agency will host press conference entitled “Bill on Dual Citizenship: Myths and Reality.”
Participants include Parliamentarians of Ukraine Oleh Dunda, Oleksandr Aliksiychuk and Dmytro Mykysha (8/5a Reitarska Street).
The press conference will be available on the YouTube channel of Interfax-Ukraine.
Media accreditation requires registration on the spot.
Astrum Ukraine LLC, which owns 99% of the shares of Forte Life insurance company (Kyiv), has reduced its stake to zero, according to the official information of the insurer.
It is noted that Oksana Kuleshina became the owner of 99% of the shares of the insurance company.
According to the unified state register of legal entities and individual entrepreneurs, Kuleshina is the ultimate beneficiary of Astrum Ukraine LLC.
Forte Life (formerly Insurance Union Life), registered in 2005, specializes in providing services in the field of life insurance.
Metinvest, the largest Ukrainian mining and metallurgical holding, in 2020 increased steel production by 9% compared to 2019, to 8.268 million tonnes, cast iron by 7%, to 8.475 million tonnes, and total coke production by 3%, to 4.808 million tonnes.
According to a press release from the parent company Metinvest B.V. on the results of operating activities for 2020, the group in the fourth quarter of 2020 reduced the production of cast iron by 9% compared to the previous quarter, to 2.105 million tonnes due to a decrease in production at both Mariupol plants.
Thus, the decline at Illich Iron and Steel Works amounted to 137,000 tonnes, as blast furnace No. 3 was shut down for a major overhaul in November 2020 and at Azovstal to 63,000 tonnes amid less intensive blast furnace operations due to a planned overhaul of the air separation unit’s oxygen block and changes in the burden composition.
Steel production in the fourth quarter of 2020 decreased by 3% compared to the previous quarter, to 2.118 million tonnes, mainly due to an overhaul of basic oxygen furnace No. 2 at Azovstal in September-October 2020. At the same time, the volume of steel production at Illich Iron and Steel Works remained practically unchanged compared to the previous quarter as hot metal was reallocated to steelmaking.
In 2020, cast iron production increased by 7% compared to last year amid greater production at both Mariupol plants. At Azovstal, production climbed by 328,000 tonnes, as the highly efficient blast furnace No. 3 was launched following its major overhaul and upgrade in June 2019 and a planned major overhaul of blast furnace No. 2 in the fourth quarter of 2019.
At Illich Iron and Steel Works, output increased by 219,000 tonnes, mainly due to a low-base effect caused by the shutdown of blast furnaces No. 3 and 5 for planned overhauls in 2019.
Steel production in 2020 increased by 9% year-over-year mainly due to an increase in production at Illich Iron and Steel Works by 512,000 tonnes amid the reallocation of hot metal to steelmaking. The increase in production at Azovstal by 178,000 tonnes was caused by an increase in hot iron production.
In the fourth quarter of 2020, the production of semi-finished products decreased by 17% compared to the previous quarter, to 816,000 tonnes. At the same time, the decrease in cast iron production amounted to 107,000 tonnes as hot metal was redirected to make steel and downstream products at Illich Iron and Steel Works, and marketable slab to 57,000 tonnes due to the redistribution of slab in favor of flat-rolled products. In 2020, the production of merchant semi-finished products increased by 5% compared to 2019, to 3.313 million tonnes as Mariupol plants boosted merchant slab output by 329,000 tonnes in response to greater demand. Consequently, cast iron production declined by 14% y-o-y to 1.088 million tonnes.
In 2020, production of finished goods increased by 4% compared to the previous year, to 5.833 million tonnes. Namely: the production of flat products increased by 132,000 tonnes, to 4.809 million tonnes; the production of long products increased by 80,000 tonnes, to 794,000 tonnes; the production of rail products increased by 30,000 tonnes, to 79,000 tonnes amid an increase in orders from the Ukrainian railways; and the production of tubular products decreased by 4,000 tonnes, to 151,000 tonnes.
In the fourth quarter of 2020, coke production increased to 1.224 million tonnes.
The State Agency of Automobile Roads of Ukraine (Ukravtodor) intends to implement three priority projects in Zakarpattia region under a Hungarian loan, the allocation of which was confirmed by Minister of Foreign Economy and Foreign Affairs of Hungary Peter Szijjarto during his working visit to Ukraine on Wednesday.
As the press service of Ukravtodor told Interfax-Ukraine, among these facilities, in particular, is the construction of a new 10-kilometer road of the first technical category from the Hungarian border to the M-24 highway, and then to the highway M-06 Kyiv-Chop.
“This will be a continuation of the Hungarian M3 motorway from Budapest to Vásárosnamény, which, in turn, is part of the Fifth Pan-European Transport Corridor that passes through the territory of Ukraine,” the agency said.
The expected traffic intensity on the site is 12,000 vehicles. The construction of three interchanges is envisaged. Another checkpoint on the Hungarian-Ukrainian border is envisaged as well.
According to Ukravtodor, the designed-estimated documentation for this project is being examined. The estimated cost of construction is UAH 3.8 billion.
Another priority object is the construction of a bypass road around the town of Berehove and further to the Luzhanka checkpoint on the border with Hungary. The estimated cost of construction is UAH 1.5 billion. The designed-estimated documentation is at the final stage.
In addition, the modernization of the bridge across the river Tysa at the checkpoint Tysa-Záhony is a priority.
According to Ukravtodor, the start of the implementation of these projects is scheduled for 2021.
In general, in 2020, some 282 km of roads were repaired under the Big Construction program in Zakarpattia region.
As reported, Minister of Foreign Economy and Foreign Affairs of Hungary Peter Szijjarto confirmed the allocation of EU50 million to Ukraine for the development of road infrastructure in Zakarpattia region.
The U.S. rocket and space technology developer Firefly Aerospace Inc., owned by Ukrainian businessman Maksym Polyakov plans to raise $350 million to scale up production and work on a medium-class launch vehicle – Firefly Beta.
Firefly Aerospace CEO Tom Markusic spoke about these plans during the IPO Edge webinar, the company’s press service said on Thursday.
“In the next five years we want to take Firefly from a $1 billion with Alpha to being on the order of a $10 billion company with a set of different launch vehicles,” Markusic said.
The company said $125 million of the funding would go toward production enhancements, such as facilities and tooling needed to ramp up launch vehicle production. The other $225 million would support growth initiatives, in particular a medium-class vehicle capable of placing 10 tonnes into orbit, about ten times more than the capacity of Alpha.
“Our development phase was $200 million, and that was funded by Maksym Polyakov and Noosphere Venture Partners […] Now we are considering expanding the list of investors in order to raise an additional $350 million, without impeding our ability or fundamentally changing our culture as a nimble, fast-moving space development company,” Markusic said.
He also confirmed plans for Alpha’s inaugural launch soon.
As reported, Firefly Aerospace has already performed checkouts of the Alpha launch vehicle.
As reported, Firefly Aerospace Inc. signed a Launch Services Agreement (LSA) with equipment and avionics company Adaptive Launch Solutions (ALS), which includes four launches of the Alpha rocket starting in 2021.
Ukraine’s Space Electric Thruster Systems (SETS) will provide its SPS-25 propulsion system for the inaugural launch of the Alpha rocket made by a rocket and space technology developer Firefly Aerospace Inc.
Top 20 countries Ukraine has posted the highest surplus of trade in goods in Jan-Oct of 2020 (thsd USD).
SSC of Ukraine
