Business news from Ukraine

NEW ELEVATOR COMPLEX FOR 15,000 TONNES OF SEEDS OPENS IN LVIV REGION

Private enterprise Zakhidny Bug (Lviv region) has put into operation an elevator complex with a capacity of 15,000 tonnes of seeds in Brody, Lviv region, according to the website of Lviv Regional State Administration. According to the report, the new elevator complex consists of eight silos with a capacity of 500 tonnes each. “Every year Zakhidny Bug invests about UAH 25 million in construction, which is production facilities or social infrastructure for its own employees,” deputy director of the company Yuriy Odnorih said.
Lviv Regional State Administration stated over the past three years, starting in 2016, almost 200 new production facilities have opened in the territory of Lviv region.
Zakhidny Bug, founded in 2003, is engaged in cultivation, storage and sale of grains, technical and fodder crops. It rents 36,000 hectares of land in Lviv and Volyn regions. An agrochemical laboratory has been working within the enterprise since 2011. Agronomists-analysts develop a plant nutrition system on the basis of laboratory studies.

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UKRAINE RAISES EXPORT OF ELECTRICITY, TOP BUYERS ARE HUNGARY, SLOVAKIA, ROMANIA, POLAND, MOLDOVA

Ukraine in January-July 2018 increased electricity exports by 3.1% compared to the same period in 2017, to 3.626 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. The supply of electricity from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania rose by 14.2%, to 2.296 billion kWh.
Electricity deliveries to Poland were up by 15.6%, to 831.9 million kWh.
Electricity deliveries to Moldova totaled 498.9 million kWh, which is 36.7% less than in January-July 2017.
Ukrainian electricity was not exported to Belarus and Russia in January-July 2017 and 2018.
At the same time, in July 2018 exports of Ukrainian electricity amounted to 491.248 million kWh, which is 38.4% more than in July 2017.
In addition, Ukraine for the first seven months of this year imported 20.436 million kWh of electricity.

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UKRAINE RAISES ELECTRICITY GENERATION BY 2.2%

Ukraine raises electricity generation by 2.2%
Electricity generation in the united energy system of Ukraine in January-July 2018 increased by 2.2% compared to the same period in 2017, to 92.090 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. At that time, nuclear power plants (NPP) in the period reduced electricity generation by 10.7%, to 46.627 billion kWh, in particular, electricity generation at Zaporizhia NPP amounted to 21.454 billion kWh (2.1% less than in January-July 2017), Yuzhnoukrainsk NPP to 9.085 billion kWh (3.9% less), Rivne NPP to 8.138 billion kWh (26.9% less), and Khmelnytsky NPP to 7.950 billion kWh (down by 18%).
Thermal power plants (TPP), as well as combined heat and power plants (CHPP) and cogeneration plants increased output by 17.3%, to 34.585 billion kWh. In particular, the generating companies of TPPs increased production by 19.8%, to 27.892 billion kWh, while CHPP and cogeneration plants by 7.7%, to 6.693 billion kWh.
Hydro power plants and hydroelectric pumped storage power plants raised production in January-July 2018 by 32.7%, to 8.601 billion kWh, while block stations reduced by 1.4%, to 835.2 million kWh.
Electricity production by non-traditional sources (wind power plants, solar plants, biomass) for the seven months rose by 36.4%, to 1.443 billion kWh.

RETAIL TRADE IN UKRAINE GROWS BY 6% IN JAN-JULY

Ukraine’s retail trade in January-July 2018 grew by 6% in comparable prices from January-July 2017, the State Statistics Service reported on Monday.
Retail trade in July 2018 alone increased by 3.9% from June 2018 and by 6.6% from July 2017. The largest increase in retail trade in the seven months of 2018 compared to the same period in 2017 was registered in Luhansk region (23.4%), Zakarpattia (10.9%), Poltava region (10.5%) and Donetsk region (10.3%).
The report does not include data from the temporarily occupied areas in Crimea, the city of Sevastopol, and partly Luhansk and Donetsk regions.
As reported, Ukrainian retailers in 2017 saw an 8.8% increase in turnover, estimated at UAH 816.554 billion.

UKRPOSHTA POSTAL OPERATOR STARTS COOPERATION WITH ONLINE RETAILERS

Kyiv-based PJSC Ukrposhta postal operator has started cooperation with the Rozetka online supermarket and F.ua online store, the company’s website said. “Ukrposhta has begun cooperation with the F.ua online store, which is one of the top ten sellers of consumer electronics in Ukraine,” the company said in an official statement.
Over the first days of work in the test mode, Ukrposhta delivered more than 1,000 parcels, the number of orders continues to grow.
Ukrposhta CEO Igor Smelyansky in turn announced the national postal operator’s cooperation with Rozetka.
“Ukrposhta has finally coupled within Rozetka,” he wrote on Facebook. “Millions of potential buyers have been waiting for this. Now they can order delivery [of a limited number of commodities so far] by Ukrposhta. For us, this is a very important signal from the e-commerce market,” he wrote.
According to Smelyansky, in addition to Rozetka and F.ua, Ukrposhta also works with LeBoutique, Parfums, Yakaboo, LaModa, Top Shop, Makeup and some other well-known e-shops.

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