The business delegation of Pharmexcil, the Pharmaceuticals Export Promotion Council of India, will visit three importing countries, including Ukraine, Turkmenistan and the Russian Federation at the end of November. The Indian Pharmaceutical Manufacturer’s Association (IPMA) said the delegation of Pharmexcil will hold business meetings with the local pharmaceutical companies and regulatory agencies to stimulate Indian pharmaceutical exports.
In Kyiv, the delegation of Pharmexcil will meet with the representatives of the Ministry of Health and pharmaceutical companies.
According to Pharmexcil, the sales of Indian medicines in Ukraine in 2017-2018 increased by 14.4%, to $95.96 million. In the 2016-2017 fiscal year, India exported pharmaceutical products worth $83.91 million to Ukraine.
India as a manufacturer in Ukraine in 2017 ranked third in terms of pharmacy sales in packages after Ukraine and Germany, and in monetary terms (in the national currency) it ranked fourth after Ukraine, Germany, and the United Kingdom. Among the Indian pharmaceutical companies that are actively working in Ukraine, in particular, are Macleods Pharmaceutical, Dr Reddy’s, Euro Lifecare Ltd.
China Railway International Group has confirmed the completion of the preliminary feasibility study for a project to build the fourth subway line in Kyiv, Deputy Head of the Kyiv City Administration Dmytro Davtyan has said. “… Together with representatives of the Ukrainian delegation, I met with the leadership of China Railway International Group. I received an official letter from the head of the company’s board, which officially confirmed the completion of the preliminary feasibility study for the construction of the fourth subway line,” he wrote on his Facebook page. According to him, the Chinese company also provided a pre-feasibility study, which will be presented in Kyiv.
Earlier Kyiv City Mayor Vitali Klitschko said that the construction of the fourth subway line will begin after the completion of the Podilsko-Voskresensky Bridge and will last five years. The cost of construction is estimated at $2 billion. At the same time, it is proposed to provide 85% of the project’s projected cost through a loan from Chinese financial institutions.
CHINA RAILWAY, COMPLETES STUDY, CONSTRUCTION PROJECT, FOURTH, SUBWAY
The U.S. Department of Agriculture (USDA) in November improved the forecast for soybean exports from Ukraine for the 2018/2019 marketing year (MY, September-August) by 5%, or 150,000 tonnes compared to the September forecast, to 3.1 million tonnes. According to a report on the website of the American department, the USDA increased the forecast for oilseed exports from Ukraine by 100,000 tonnes, to 5.7 million tonnes, processing by 50,000 tonnes, to 15.55 million tonnes. The USDA forecast for meal exports was adjusted upward by 80,000 tonnes, to 5.15 million tonnes, oil by 20,000 tonnes, to 5.85 million tonnes.
According to the USDA forecasts, in the 2018/19 MY sunflower seed production in Ukraine will increase by 9.5% compared to the previous marketing year, to 15 million tonnes, meal by 6%, to 5.98 million tonnes, and oil also by 6%, to 6.2 million tonnes.
The export of sunflower seeds in the 2018/2019 MY could increase by 2.6 times, to 100,000 tonnes, meal by 8.5%, to 4.6 million tonnes, oil by 5%, to 5.6 million tonnes.
The USDA lowered the forecast for global production of oilseeds this month to 599.6 million tonnes (604 million tonnes in the September forecast).
Industrial prices in Ukraine in October 2018 increased by 0.3% after rising by 1.2% in September, 1.3% in August and 1.6% in July, the State Statistics Service has reported. In annual terms (as compared to the same month last year), in October the rise in prices also slowed down to 16.6% from 18.9% in September and 19.3% in August.
The State Statistics Service said that industrial prices in Ukraine in October remained unchanged, while for shipments outside the country increased by 1.5%. In annual terms, the growth was 18.6% and 9.1% respectively.
Since the beginning of this year, producers’ prices in Ukraine have increased by 12.7%, in particular within the country by 14.3%, and beyond its borders by 6.6%.
As reported, the growth of industrial prices in 2017 slowed down to 16.5% from 35.7% at the end of 2016 and 25.4% at the end of 2015.
Primary registrations of electric cars (new and used) in Ukraine in January-October 2018 grew by 89% year-over-year, to 4,214 cars, the Ukrautoprom association has reported.
The share of used cars was 85% – the same as last year.
The Nissan Leaf remained the most popular make in Ukraine: 403 cars of this model were registered in Ukraine in October 2018. The BMW i3 with 38 cars ranked second in terms of the number of registrations and Tesla Model S was third with 27 cars. Renault Zoe (24 cars) was fourth, and FIAT 500е with 23 cars was fifth.
The top ten on the primary market of electric cars in October 2018 also included: Volkswagen e-Golf (19 cars), KIA Soul EV (18 cars), Hyundai Ioniq Electric (15 cars), Mercedes-Benz B-Class Electric Drive (14 cars), and SMART Fortwo ED (13 cars).
In 2017, the primary market of electric passenger cars in Ukraine grew 2.3-fold, to 2,697 units, and the share of used cars was 85%, while in 2016 – 51%.
Kharkiv-based JSC Turboatom and Westinghouse have extended a memorandum of understanding in the nuclear energy sphere for one year.
The press service of National Nuclear Generating Company Energoatom reported that the document was signed on November 7, 2018 by Turboatom Director General Viktor Subotin, Westinghouse Vice President and Managing Director Aziz Dag and Energoatom President Yuriy Nedashkovsky during the international fuel and energy forum held in Kyiv.
“The memorandum of understanding with Turboatom includes cooperation under the Ukraine-EU Energy Bridge Project. According to the memorandum, Turboatom will provide products and services for the turbine part of the project. Yesterday, the expansion of the current memorandum for another year was signed,” Dag told Interfax-Ukraine.
As reported, Westinghouse within cooperation with Turboatom continues to discuss preparations for the implementation of programs to increase the installed capacity of VVER power units and the capability utilization index, while activation of cooperation is possible when launching the Ukraine-EU Energy Bridge Project.
The government decided to implement the Ukraine-EU Energy Bridge pilot project in June 2015. The project envisages organizing the transmission of power from reactor two of the Khmelnytsky NPP to the EU power grid. The funds received from electricity exports from this reactor are planned to be used to finance the construction of reactors three and four of the Khmelnytsky NPP.
A consortium of companies, consisting of Westinghouse Electric Sweden AB, Polenergia International S.àr.l. and EDF Trading Limited, announced their intention to participate in the project of arranging the Ukraine-EU energy bridge.
