The Ukrainian industrial company Interpipe has developed and shipped the first batch of ULT SP wheelsets for the Spanish market.
According to a company press release, the new design is part of the Ultimate product line manufactured by the group and is designed for freight cars.
The press service said that in October Interpipe completed the testing and certification of the ULT SP wheelset in European testing centers and certification authorities. It is designed specifically for the Iberian gauge, which is used by the railways of Spain, Portugal and partially France. The peculiarity of this wheelset is that it is wider than the European one – 1,668 mm versus 1,435 mm, therefore it requires a special design of the wheelset.
In addition to the modification of the wheel itself, the specialists of the Interpipe railway division also designed the axle structure for the Spanish track – SP G, which was not previously produced.
Today, local railway operators in the Iberian market use outmoded wheelsets. Interpipe offered consumers a modern solution that could become the new standard for Spain and Portugal.
According to the results of the 60-day deadline for accepting applications for the tender for the transfer of property of state enterprise Kherson Maritime Merchant Port to concession, four companies will take part in it, two of which are international, Minister of Infrastructure Vladyslav Krykliy has said at a briefing in Kyiv. Among the companies that applied for participation in the tender are Busserk Liman Isletme Loj (Turkey), Special Company Kherson Sea Port LLC (Asket Shipping and Global Grain Consortium, Ukraine), Risoil-Kherson LLC (Petro Oil and Chemicals and AT RISOIL consortium, Georgia and Switzerland), as well as Ukrmorport LLC (Ukraine).
As reported, the government announced the start of tenders for pilot concession projects in the port industry on September 12, 2019. An agreement will be concluded with the winner of each tender, the parties to which will be the Ministry of Infrastructure, the Ukrainian Sea Ports Authority, the winner of the tender, as well as the company (SPV, the so called special purpose vehicle), which will be created and registered as the winner of the tender in Ukraine for the implementation of the project.
Feasibility studies for pilot projects were developed by a consortium of international consultants, formed by the EBRD and the IFC. In preparing the feasibility study, a systematic analysis of the market was carried out, and financial, technical, environmental and legal examinations were conducted. In addition, meetings were held with potential domestic and foreign private partners in order to take into account their proposals for the implementation of projects.
Managing Partner of Biopharma Kostiantyn Yefymenko is considering the possibility of building a lysine plant in Bila Tserkva (Kyiv region), which is used as a feed additive in animal husbandry.
“I now have two options. To build a Biopharma plant in India and Brazil or a lysine plant. I bought a 10 ha plot with a supply of 100 cubic meters of water per hour, Biopharma consumes 75 cubic meters per day, the plant is the equivalent to processing 120,000 tonnes of grain. With the supply of water, the problem is solved, I’ve already bought 10 hectares, I have already connected electricity … I lean toward the lysine plant in Bila Tserkva,” he said on the sidelines of the Kyiv International Economic Forum.
He noted that he had already invested $2 million in the project.
As reported, the German pharmaceutical company STADA buys the pharmaceutical business of prescription and over-the-counter drugs of the Biopharma manufacturer of blood-derived products. The transaction is expected to close in December 2019.
Biopharma Managing Partner Kostiantyn Yefymenko together with partner Vasyl Khmelnytsky and financial investors will focus on developing the Biopharma blood plasma processing business, developing a new Biopharma plasma fractionation plant and a network of modern blood collection centers, as well as expanding its presence in international markets.
Latvia will resume the work of the Investment and Development Agency (LIAA) in Ukraine in 2020 after a three-year break, Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Dmytro Kuleba has said following a meeting with Minister of Economics of the Republic of Latvia Ralfs Nemiro, according to the government’s press service.
“The office of the Latvian Investment and Development Agency in Kyiv will promote a daily dialogue between Ukrainian and Lithuanian businesses and will provide a strong impetus to the development of bilateral investment cooperation. The resuming of office’s work after a three-year break is a clear message that foreign investors see positive changes in Ukraine. There will be more investment and more trade with our friend and EU member Latvia,” Kuleba said.
Nemiro reported that the office would resume its work next year after the completion of technical procedures.
The ministers also agreed to reform the work of the Ukrainian-Latvian Intergovernmental Commission on Economic, Industrial, Scientific and Technical Cooperation.
The co-chairs of the Commission agreed that the next meeting would be held in May 2020 in Kyiv. Among the priority issues on the agenda will be digitization, agriculture, pharmaceutical industry and logistics.
Kuleba suggested holding a special business forum in the framework of the Commission’s meeting that would contribute to building connections between Ukrainian and Latvian entrepreneurs.
“Business contracts entail international contacts, hence they should not only promote establishing links between governments but also facilitate building more productive relations directly between the entrepreneurs of the two countries,” Kuleba said.
In turn, Nemiro supported the idea of holding such a forum.
As of July 1, 2019, Latvia invested in Ukraine $41.5 million, in particular $9.6 million (23.1%) in professional, scientific and technical activities, $8.2 million (19.6%) in financial and insurance activities, $5.7 million (13.8%) in industry. Ukrainian investment in the Latvian economy over the same period amounted to $72.1 million.
Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in Jan-Aug 2019
Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-Sept 2019
