The Antimonopoly Committee of Ukraine has fined PrJSC Kuznya on Rybalsky plant (Kyiv) UAH 136,000 for submission of inaccurate information in 2018 in relation to seven companies.
According to the decision made on May 20 by the competition agency, unreliable information was submitted while Sergiy Tigipko received permission to concentrate indirectly the Kuznya on Rybalsky plant’s shares in 2018 through Evinz Limited.
According to the decision, the committee on October 18, 2018 granted permission for concentration, based on information about the relationship of control only with Bud-Renovatsiya LLC and Land Development Ltd. Plus.
At the same time, on December 28, 2018, the committee received a petition from the authorized representative of PrJSC Kuznya on Rybalsky plant, which said: the shipyard is also connected by control relations with a number of subsidiaries – the House of Culture, the Medical Sanitary Department, LK-Metallurgy, catering subsidiary Parus, Housing-Operational Office-LK, Vnesheconomservice and Kyivgeist Investment LLC (all based in Kyiv).
Thus, the House of Culture and the Medical Sanitary Department also lease their own real estate, namely office, industrial and warehouse premises within Kyiv city.
According to the committee, the cumulative share of participants in the concentration in 2016-2018 of the rental industrial real estate market within Kyiv city does not exceed 5%, therefore, the provision of inaccurate information did not affect the committee’s decision to give permission for concentration.
One troy ounce=31.10 grams
Shoes and clothing are the most popular online purchases for Ukrainians, with 70% of Internet users ready to make such purchases. That’s compared to only 24% who are willing to buy food online, according to results of a survey conducted by GfK Ukraine released on Monday. “Interestingly, for the food category, 13% of respondents say they would like to buy this category, but do not have this opportunity. Most likely, the reason is the insufficient convenience of the ordering and delivery of goods in this category, as well as the insufficient number of sites for such purchases,” GfK’s press release said. Only 6% said the same applies to buying shoes and clothing online.
Electronics and home appliances are also popular online purchases, with more than half of Internet users are ready to purchase them online. They are followed by cosmetics – about 38%, toys and children’s products – more than 25%. The study indicates the inability to buy goods in these categories is lower than in the case of clothing and shoes and food.
According to GfK Ukraine, 66% of the population of Ukraine used the Internet in 2018 (61% in 2017), of which 34% make online purchases.
Risoil S.A. boosted grain transshipments by almost 1.5 times to 1 million tonnes in the first five months of the 2019 calendar year, according to Risoil’s report on Facebook.
“In the five months of 2019, the group of Risoil terminals processed more than 1 million tonnes of grain for export. Last year, 682,000 tonnes were handled during the same period,” the statement said.
According to the company’s website, Risoil, TransBulkTerminal and Metinvest together with Odesa Railways have been implementing a pilot project to optimize cargo traffic. Within its framework, terminals and ports provide information on expected ship calls, the availability of free containers for grain, and the need to transport a particular grain crop. The railway, in turn, transports needed amounts of necessary crops. This allows participants in the project to optimize traffic, increase terminal unloading and reduce the turnover of cars.
As reported, Risoil S.A. in marketing year 2017/2018 increased the transshipment of grain freight by 20,000 tonnes, to 1.64 million tonnes, while oil handling grew by 11%.
Risoil S.A. was established in Geneva (Switzerland) in 2000. Its core business is logistics of oil, bulk and general cargo in the ports of the Black Sea, sale and production of vegetable oils, trade in grain and oilseeds in containers, storage and processing of agro-industrial products.
Risoil Terminal in Chornomorsk seaport was launched in 2016.
Ukraine in May 2019 increased natural gas stocks in its underground storage facilities by 1.95 billion cubic meters (bcm), according to recent update from JSC Ukrtransgaz.
Thus, daily average pumping last month was 62.9 million cubic meters (mcm), which is more than in May 2018 (52.6 mcm), May 2017 (51.9 mcm), May 2016 (15.3 mcm) and May 2015 (57.3 mcm).
Retaining the pace of pumping in next four and a half months would allow Ukraine to start the heating season with 20 bcm of gas in stock.
Ukraine from April 4 through June 1, 2019 increased natural gas stocks in its underground storage facilities by 31% or 2.713 billion cubic meters (bcm), to 11.459 bcm.
According to the calculations of the Interfax-Ukraine agency, the figure is 19.1% more than stocks on June 1, 2018 and 13.6% more than on June 1, 2017.
On June 1, 2019, 70.32 million cubic meters (mcm) of gas was pumped into the underground storage facilities and 54.4 mcm of gas was imported with domestic production of 56.6 mcm.
Earlier Naftogaz CEO Andriy Kobolev said that national joint-stock company Naftogaz Ukrainy is mulling a possibility of pumping an additional volume of gas to the underground gas storage facilities of Ukraine if Russia’s Gazprom stops gas transit across the country after 2019. Ukraine plans to have around 20 bcm of gas in stocksat the beginning of the next heating season.
During the heating season started on November 7, 2018 and lasted until April 4, 2019 some 8.45 bcm of gas was pumped from the underground gas storage facilities. The stocks fell from 17.195 bcm to 8.745 bcm.
Ukrtransgaz, a wholly owned subsidiary of Naftogaz Ukrainy, operates Ukraine’s gas transmission system and 12 underground gas storage facilities with 31 bcm of capacity.
