Business news from Ukraine

UKRAINE EXPORTS 38.63 MLN TONNES OF GRAIN BY JUNE 20

Exports of grain from Ukraine since the beginning of the 2017/2018 agricultural year (July-June) and as of June 20 amounted to 38.63 million tonnes, which is 4.2 million tonnes less than on the same date a year earlier, the Ministry of Agrarian Policy and Food has said.
According to the report, in particular, wheat exports amounted to 16.84 million tonnes (432,000 tonnes less from the previous agri-year), exports of maize to 17.37 million tonnes (2.59 million tonnes less), barley to 4.21 million tonnes (1.08 million tonnes less).
Rye exports totaled 36,800 tonnes (30,200 tonnes more) and exports of flour amounted to 412,200 tonnes (45,200 tonnes more).
As reported with reference to the ministry, Ukraine in the 2016/2017 agri-year exported 44.441 million tonnes of grain.

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STATE-OWNED UKRENERGO INSTALLS NEW AT AT POLTAVA SUBSTATION

State-owned enterprise Ukrenergo has launched new 125 MVA auto transformer AT-1 at the Poltava 330 kV substation replacing old equipment, which had been used since 1968, the press service of the company has reported.
The press service said that the electric equipment was replaced under the substation modernization program with the replacement of transformers to increase reliability of operation of energy facilities of main power transmission lines of Ukrenergo.
The press service said that power consumption in Poltava region shows trends of gradual growth. The Poltava substation supply electricity to consumers of Poltava region, including power facilities of the housing sector of the regional center, Ukrzaliznytsia and oil and gas companies.
“The new autotransformer has improved performance and meets all the requirements of reliability and safety. In addition, it is already equipped with the ECMDU-TRANS System for Monitoring, Diagnostics and Control. This is a hardware and software complex that allows real-time monitoring, diagnostics of operating parameters of an autotransformer. This will contribute to improving the overall reliability of energy supply to consumers in Poltava region,” Operational Director of Ukrenergo Oleksiy Brecht said.
As reported, in May 2017, Ukrenergo approved the development strategy for 2017-2026, one of the key goals of which is integration into the European Network of Transmission System Operators (ENTSO-E).
Ukrenergo operates trunk and interstate power grids, as well as performs the centralized dispatching of the united energy system in the country. The company is a state-owned enterprise, it is subordinate to the Ministry of Energy and Coal Industry.

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PARKING AREA CONSTRUCTION IN BORYSPIL AIRPORT TO BE COMPLETED IN AUGUST

Contractor NAN LLC (Kharkiv) plans to complete construction of a parking area near Terminal D of the Boryspil International Airport (Kyiv) in August 2018, First Deputy Director General of the airport Yevhen Dykhne has told Interfax-Ukraine.
“The contractor expects to complete the work in August, which will be the first stage of the parking area for more than 1,000 cars,” he said on the sidelines of a forum dedicated to cybersecurity in Kyiv on Tuesday.
He also said that the airport allocated UAH 440 million for the implementation of this project at this stage.
“Further we will consider the efficiency of this parking area, how much it is necessary to continue the second stage of the parking area in the short term, because the number of parking lots in the project is designed with a large margin,” he said.

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LVIV IT CLUSTER LAUNCHES PROJECT TO BUILD IT VILLAGE

Lviv IT Cluster, an association of IT companies, is launching a project to build an IT Village housing estate, designed for 133 private homes for IT specialists, IT Cluster’s press service has reported. “IT Village will become a new town for IT professionals and a community of people with common interests. The complex with a total area of 17 hectares will consist of 133 separate houses in the village of Nahoriany in Pustomyty district, 9 km from Lviv,” the report said.
Construction will start in August-September 2018, the whole project is to be completed in 2-2.5 years.
The project is non-commercial and offers IT professionals houses with an area of 140 square meters to 350 square meters and a cost from $89,700 to $276,500. Additional infrastructure of the town includes a common recreation area, a sports field for children, a private park, a kindergarten and a supermarket.
The general contractor of IT Village is Lvivbud construction company, which previously participated in the IT House project.
As reported, Lviv IT Cluster plans to build Innovation District IT Park between the streets Stryiska, Chmoly, Luhanska and Kozelnytska in Lviv. The project provides for six eight-storey office buildings and two business centers, as well as a hotel, a kindergarten, a university, a fitness complex and a parking lot for 3,167 cars. The total area of the site is 10 hectares, the area of offices is 82,300 square meters, the area of the retail and service area is 12,900 square meters.

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