Myronivsky Hliboprodukt (MHP) sold 160,780 tonnes of poultry to third parties in July-September 2018, which it was 19.2% more than a year ago.
According to a company report on the London Stock Exchange (LSE) on Thursday, poultry production in Q3 2018 grew by 10%, to 150,650 tonnes.
In January-September 2018, MHP increased poultry sales to third parties by 7.2%, to 449,220 tonnes thanks to growth in exports sales and following the strategy of poultry meat stock decrease starting from Q3 2018.
Poultry production in January-September 2018 grew by 8%, to 458,540 tonnes due to increased production of heavier chicken and decreased share of thinning as well as due the launch of new rearing sites of Phase 2.
DTEK Energy Holding has signed a second contract with U.S. General Electric to supply equipment for Prymorska wind farm with a total capacity of 200 MW, the press service of the holding has reported. The first contract to supply equipment for Prymorska wind farm (100 MW) was signed in December 2017. It will be completed at the end of 2018.
The second stage of the 100 MW capacity will be also built in Zaporizhia region. The start of construction is the fourth quarter of 2018.
The land wind power division of GE will supply 26 wind power turbines with a capacity of 3.8 MW each to Prymorska wind plant. This model of a wind turbine demonstrates high performance even in conditions of low wind speed.
The total planned investment in the second stage of Prymorska wind farm will be about EUR150 million, which is comparable with investments in the construction of the first stage.
After the completion of the second stage of Prymorska wind farm, the portfolio of DTEK’s implemented projects in land wind generation will reach 400 MW.
“Our ambitions are to build 1,000 MW of solar and wind power plants by the end of 2019. This is an ambitious goal requiring huge investments by the standards of Ukraine. The construction cost of such a capacity exceeds EUR1 billion,” DTEK CEO Maksym Tymchenko said.
DTEK Renewables is the operating company that manages DTEK’s assets in the renewable energy sphere.
Pharmacy sales in Ukraine in January-September 2018 in monetary terms increased by 30% compared to the same period in 2017, to UAH 61.788 billion. Business Credit company told Interfax-Ukraine, in natural terms sales for the specified period increased by a mere 1%, to 1.124 million packs, while the weighted average price rose by 28%, to UAH 55 per unit of goods. According to the company, retail sales of medicines in January-September in monetary terms increased by 32%, to UAH 50.805 billion, in natural terms by 10%, to 754.352 million packs. The weighted average price of medicines in the first nine months of 2018 was UAH 67.4 per product unit.
As reported, in the first half of 2018 pharmacy sales in Ukraine in monetary terms were up by 36% compared to the same period in 2017 and amounted to UAH 43.011 billion, while sales in real terms by 5%, to 780.737 million packs.
Retail sales of drugs in the first half of the year in monetary terms grew by 38%, to UAH 35.454 billion, in natural terms by 16%, to 530.846 million packs.
Ukraine’s Verkhovna Rada on Thursday, October 18, passed the Code of Bankruptcy Procedures of Ukraine (bill No. 8060) with 237 supportive votes, an Interfax-Ukraine correspondent has reported. “Thanks to the adoption of the code we would climb 10 positions in Doing Business,” Head of the parliamentary committee for economic policy Andriy Ivanchuk said, presenting the bill. Representing the code, the deputy said that the document is structured into four books. According to him, the first book regulates the general provisions and deadlines, the second – the activities of the self-governing organization of arbitration managers, the third – the issues of bankruptcy of legal entities.
“And the fourth book is a novelty in the Ukrainian legislation, earlier the country did not have it – it is the bankruptcy of individuals,” Ivanchuk said.
He said that this book provides an opportunity for individuals – bona fide borrowers in the event of a difficult economic situation to initiate a bankruptcy procedure and get rid of this debt obligation, while the lender is deprived of this right.
Ivanchuk said that more than 1,300 amendments were received to this bill for the second reading, of which approximately 40% were rejected. According to him, when the code was finalized, its structure was changed: the entire notions were removed from the bill, for example, the amicable agreement, and all remarks related to the amicable agreement lost their relevance.
The head of the committee said that a block of amendments on the introduction of an automated arrest of accounts was rejected, as it had not previously received support in parliament.
“Most of the amendments on the introduction of a unified electronic registry of debtors were rejected. In the process of discussion and in-depth analysis, we were shown fears that there might be a leak of confidential information about legal entities, especially individuals,” Ivanchuk also said.
According to him, many questions were transferred to the level of bylaws, in particular, the specification of the regulation of the procedure for the sale of the debtor’s property.
First Deputy Minister of Economic Development and Trade Maksym Nefyodov said that the adopted document provides for the sale of bankrupt property at transparent electronic auctions of the ProZorro.Sales system. The head of the committee also said that the code would be enacted in six months.
Immediately before the vote, Ivanchuk reported that the Main Legal Department of the Verkhovna Rada prepared its comments on the document, which the committee promptly took into account on the evening of October 17. In this regard, he read another five pages of amendments with which the code was adopted.