State-owned enterprise (SOE) Skhidny (Eastern) Mining and Processing Plant (Dnipropetrovsk region) in January-September 2019 cut production of uranium concentrate by 14.9% year-over-year, to 684.8 tonnes, according to information on the unified government portal of open data.
According to the enterprise, 72.6 tonnes of uranium concentrate were produced in January, 93.7 tonnes in February, 84.3 tonnes in March, 72.9 tonnes in April, 52.2 tonnes in May, and 80 tonnes in June, in July – 72.2 tonnes, in August – 84 tonnes, and in September – 72.9 tonnes.
As reported, Skhidny Mining in 2018 increased the production of uranium concentrate 41.1% compared to 2017, to 1,179.5 tonnes.
Skhidny Mining is the only uranium ore mining and processing enterprise in Ukraine and the largest in Europe. The annual needs of Ukrainian nuclear power plants for uranium concentrate are about 2,400 tonnes, while its production by Skhidny Mining is about 1,000 tonnes.
The net profit of state-owned Oschadbank (Kyiv) in January-September 2019 totaled UAH 189.017 million, which is a 2.6-fold rise from a year ago (UAH 72.938 million), according to quarterly financial statements of the bank.
According to the statements posted on the bank’s website, net profit in Q3 2019 amounted to UAH 64.106 million, which is 52.9% more than in Q3 2018.
Net interest income for in January-September 2019 increased 1.2% compared with the corresponding period of 2018, to UAH 4.185 billion.
In January-September 2019, the bank’s assets decreased 4.4%, to UAH 208.109 billion, including a decline of 3.5% in loans issued to customers, to UAH 65.146 billion.
Assets for this period increased 0.4%, to UAH 18.619 billion.
The charter capital for the period remained at the level of UAH 49.725 billion.
Oschadbank was founded in 1991. Its sole owner is the state.
According to the National Bank of Ukraine, as of July 1, 2019, Oschadbank ranked second (UAH 288.339 billion) among 76 banks operating in the country in terms of total assets.
Ukraine since the beginning of the new 2019/2020 marketing year (MY, July-June) and as of October 30, 2019 had exported 17.94 million tonnes of grain and legumes, which is 32% more than on the same date last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 10.92 million tonnes of wheat, 3.59 million tonnes of corn, and 3.2 million tonnes of barley.
As of October 31 of this year, farmers had exported 109,700 tonnes of flour.
As reported, Ukraine in the 2018/2019 MY exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous MY.
The U.S. Department of Agriculture (USDA) in September raised its forecast for grain exports for the 2019/2020 MY by 400,000 tonnes compared with the August forecast, to 54.44 million tonnes.
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved the provision of additional financing in the amount of EUR 200 million for the development of renewable energy sources in Ukraine. The EBRD said it intends to issue new funds to finance private renewable energy projects under the current system of stimulating “green” tariffs. The planned replenishment will allow the bank to build on the success of USELF-III and maintain momentum in the transition from the existing mechanism of preferential tariffs to a support system based on competitive auctions.
The bank noted that the third program of financing renewable energy development approved in July 2018 in the amount of EUR 250 million (Ukraine Sustainable Energy Lending Facility, USELF-III) will be fully implemented by the end of 2019.
As reported, the EBRD under the USELF program has been supporting the development of renewable energy in Ukraine since 2009. The program is aimed at assisting the state in achieving by 2020 the share of “green” generation in the country’s total energy consumption at 11% (including a 6% share of large hydropower plants).
Around 3,000 households in the period from July through September 2019 installed photovoltaic (PV) panels with a total capacity of almost 70 MW, the press service of the State Agency for Energy Efficiency and Energy Saving said on the website on Tuesday.
“The switch to clean electricity allows saving money on electricity bills, encourages the use of energy-efficient appliances, changes behavior to energy-saving,” the agency said.
According to the report, as of October 1, 2019, about 15,000 households in Ukraine are already using clean electricity by investing EUR 300 million in PV panels. The total capacity of the installed PV panels is almost 350 MW.
The leaders among the regions in the use of alternative generation are: Dnipropetrovsk region (around 50 MW), Ternopil (near 37 MW) and Kyiv (some 27 MW).
National Nuclear Generating Company Energoatom in January-September 2019 doubled net profit year-over-year, to UAH 4.251 billion.
According to a company report in the information disclosure system of the National Commission for Securities and the Stock Market, its net revenue grew by 10.4%, to UAH 34.774 billion, and gross profit – by 10.8%, to UAH 8.082 billion.
As reported, in January-September 2019, Energoatom reduced electricity production by 0.5% (323.1 million kWh) compared to the same period in 2018, to 60.729 billion kWh. Power plants of Energoatom during this period released 57.02 billion kWh to the market compared with 57.376 billion kWh a year earlier.
In 2018, Energoatom increased its net profit by 21.2% compared to 2017, to UAH 4.632 billion, net income by 14.5%, to UAH 44.055 billion.
Energoatom is the operator of all four operating nuclear power plants in Ukraine. It operates 15 power units equipped with water-cooled power reactors with a total installed electric capacity of 13.835 GW.
