MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) IN JAN 2021
Weidmann Malyn paper factory (MPF, Zhytomyr region), the only producer of electrical insulating board for power engineering machines in Ukraine, increase production by 2.2% in January-March 2021 compared with January-March 2020, to UAH 133.15 million, the UkrPapir association has said.
According to UkrPapir data provided to Interfax-Ukraine, in kind during this period the factory cut industrial paper production by 0.7%, to 1,540 tonnes, whereas transformer board production remained unchanged at 1,160 tonnes.
MPF Weidmann, founded in 1871 and a member of the Weidmann international group from 2000, is the only company in Eastern Europe that can supply almost all kinds of electrical insulating paper and cardboard meeting regional and international standards.
The factory produces transformer board, electrical insulating paper for power cables and transformer windings, crepe paper and other types of paper for industrial use, such as, packaging, filtration, and wallpaper.
The number of banks expecting an increase in the volume of their loan portfolio over the next 12 months amounted to 78% for the corporate segment and 82% for lending to the population, according to the results of a survey conducted by the National Bank of Ukraine (NBU) on the conditions of bank lending.
“The survey participants positively assess the prospects for lending in the next 12 months: 78% of respondents predict the growth of the loan portfolio of corporations, 82% of households. These are the highest estimates of the growth of the loan portfolio of the population since 2015, however, some large banks expect a certain deterioration in its quality,” the review says.
According to the report, the optimism of the respondents regarding the further increase in funding has grown, in particular, 77% of respondents expect an increase in household deposits, 78% – funds of enterprises.
The banks note that despite expectations of the introduction of new quarantine restrictions, the demand for loans increased from business and the population, in particular, the demand for mortgages was the highest in the entire history of observations.
It is indicated that in January-March 2021, the demand for business loans increased, primarily for loans to SMEs, in hryvnias and long-term loans.
The main factors behind the revival of demand are still cited by banks as a decrease in interest rates, the need of enterprises for capital investments and working capital, as well as debt restructuring.
The banks explain the softening of the creditworthiness for business by the high level of liquidity, increased competition with other banks, as well as improved expectations regarding the overall economic activity and the development of certain industries, primarily for SMEs.
According to the survey, almost a quarter of the surveyed respondents noted an increase in the level of approval of applications for business loans and easing requirements for the size of the loan.
It is indicated that 92% of financial institutions rated the debt burden of household borrowers as average, and more than 80% of financial institutions also rated the debt burden of corporate borrowers.
The survey was conducted from March 19 to April 9, 2021 among credit managers of 23 banks, whose share in the total assets of the banking system of Ukraine is 88%.
The National Energy and Utilities Regulatory Commission of Ukraine (NEURC) has set a feed-in tariff for the first stage of a wind power plant of EuroCape Ukraine I LLC (Zaporizhia region) with a capacity of 98.01 MW in the amount of 8.82 eurocents per kWh.
According to the decision adopted at the meeting on April 22, the tariff is valid until January 1, 2030.
The first stage of Zaporizhia wind farm consisting of 27 GE Renewable Energy wind turbines with a capacity of 3.6 MW in accordance with the SACI certificate was commissioned on April 7, 2021. The planned annual volume of electricity supply from the facility is 325.5 million kWh.
As reported, EuroCape Ukraine I announced plans to build 500 MW wind farms in Zaporizhia region back in 2009, however, in particular, due to problems with land allocation, the project entered the construction stage only in mid-2019.
Lending for the construction of the wind farm is carried out with the financial support of the U.S. International Development Finance Corporation (DFC, formerly OPIC), which in December 2017 approved a loan for $ 150 million and insurance with reinsurance in the amount of up to $ 320 million. The total cost of construction of the wind farm was then estimated at EUR466 million ($ 560 million).
In July 2019, General Electric (GE) and LongWing Energy SCA (Luxembourg) issued a $ 150 million debt financing package for the first stage of Zaporizhia wind farm.
EuroCape Ukraine I is part of EuroCape New Energy Ltd of the international concern Eurocape Group, which is engaged in the development and construction of wind and solar energy facilities. In addition to its activities in Ukraine, the concern also has large-scale projects in France, Italy, Romania and Poland.
Cyprus-based LongWing Ukraine Limited (formerly Eurocape (Ukraine) Limited) is a 100% beneficiary of EuroCape Ukraine I.
Official rates of banking metals from national bank as of April 26
One troy ounce=31.10 grams
Dynamo defeated Ingulets with a score of 5: 0 at the NSC Olimpiysky stadium in Kyiv on Sunday, April 25, having received the championship title three rounds before the end of the season.
Zabarny and Besedin scored the first two goals against Ingulets. After the break, Tsyhankov scored two goals into the opponent’s goal. Popov scored the last fifth ball after a corner kick.
For the first time since 2016, Dynamo has won gold medals in the Ukrainian championship. Lucescu’s team has become unattainable for competitors in the table of the 23rd round of the Ukrainian Premier League.
