Myronivsky Hliboproduct Agroholding (MHP) will borrow EUR120 million (UAH 3.79 billion) in a loan from ING Bank N.V., PrJSC Zernoproduct MHP reported.
The company will act as a guarantor for this loan, it said in an announcement of the information disclosure system of Ukraine’s National Securities and Stock Market Commission.
PrJSC Zernoproduct MHP’s assets are estimated at UAH 6.103 billion, according to the latest financial statements. The ratio of loan value to asset value is 62%.
According to the MHP website, PJSC Zernoproduct MHP was established in 2004, it has 19 branches, two grain elevators, 23 dairy farms. Its land bank is 90,900 hectares.
The volume of construction work carried out in Ukraine in November 2018 increased by 1% year-over-year, while this indicator in October 2018 compared to October 2017 increased by 4.8%. The report does not include data from the occupied territory of Crimea and the temporarily uncontrolled territories in Donetsk and Luhansk regions, the State Statistics Service of Ukraine said.
The volume of construction works in November 2018 compared to October 2018 grew by 0.4% (according to seasonally adjusted data, it decreased by 3.9%), whereas this indicator in October 2018 from September 2018 decreased by 5.2%.
In November 2018 compared to November 2017, the volume of work decreased in residential construction, and increased in non-residential and engineering. According to unadjusted data, the decline in residential construction was 9.3%. Non-residential construction saw a 1.2% increase. Construction of engineering structures grew by 4.8%.
In addition, according to the statistics service, the volume of construction works in the construction of residential buildings in November 2018 decreased by 11% compared to October 2018, non-residential buildings increased by 3.3%, engineering structures increased by 3.3%.
The fall in the volume of construction work in January-November 2018 compared with January-November 2017 was recorded in the city of Kyiv and 10 regions of Ukraine, in particular in Mykolaiv region (by 15.6%, to UAH 2.21 billion), Kirovohrad region (by 14.8%, to UAH 1.3 billion), Sumy region (by 12%, to UAH 1.09 billion) and Ternopil region (by 11.1%, to UAH 1.46 billion) regions.
Retail trade turnover in Ukraine, excluding the temporarily occupied territory of the Autonomous Republic of Crimea, the city of Sevastopol and Donbas, in January-November 2018 in comparable prices increased by 6.2% compared with January-November 2017, the State Statistics Service has reported.
Retail trade turnover in November 2018 rose by 1.2% compared with October, while by 5.6% from November 2017.
The largest growth in retail trade turnover in the first 11 months of 2018 compared to the same period in 2017 was observed in Luhansk (by 27.8%), Donetsk (by 14.7%), Poltava (by 12.4%), and Zakarpattia (by 12%) regions.
The leaders in absolute terms of the volume of retail turnover for the 11 months were Kyiv city (UAH 157.37 billion), Dnipropetrovsk (UAH 75.8 billion), Kharkiv (UAH 64.61 billion), Odesa (UAH 61.877 billion), Kyiv (UAH 58.828 billion), and Lviv regions (UAH 51.362 billion).
According to the service, retail trade turnover in Donetsk region in January-November 2018 compared to January-November 2017 increased by 14.7% (to UAH 25.65 billion), Luhansk region by 27.8% (to UAH 7.27 billion).
The State Statistics Service said that trade turnover at retail enterprises (legal entities) in November 2018 compared with November 2017 grew by 5.2%, and compared to October 2018 by 1.1%, amounting to UAH 59.496 billion, for the 11 months grew by 5.8%, to UAH 595.675 billion.
In the first 11 months of 2018, wholesale turnover at enterprises rose by 4.3% compared to the corresponding period last year and amounted to UAH 2.003 trillion.
PJSC Donbasenergo has signed a contract with Dongfang Electric International Corporation (China) for reconstruction of unit No. 6 of the Sloviansk thermal power plant (TPP) with its division into units 6A and 6B of 330 MW each.
According to the company’s press release, the cost of the contract for the reconstruction using CFB technology (the technology of coal combustion in a circulating fluidized bed) is $684.296 million.
According to the plan, unit No. 6A will be put into operation in July 2022, unit No. 6B in July 2023. The units will burn steam coal.
The project implementation will extend the life of thermal power plants by 40 years, increase their operation efficiency, reduce specific fuel consumption and maintenance costs. The new units will comply with all ENTSO-E technical requirements and the European environmental directives.
Reconstruction of unit No. 6 of the Sloviansk TPP will significantly reduce the cost of electricity produced, burn low grade coal without using natural gas in the load range of 40-100%.
Donbasenergo Director General Eduard Bondarenko said that efficiency of the units will be at least 42%. The company seeks to receive the funds for investment in the tariff for electricity transmission in the amount of 30%. The reconstruction will be financed using the loan from a Chinese bank by 70%.
Donbasenergo operates Starobesheve (located in the occupied territory) and Sloviansk thermal power plants.
CHINA DONGFANG ELECTRIC, CONTRACT, DONBASENERGO, RECONSTRUCT, UNIT
Ukraine from January 1, 2019 will stop issuing visas on arrival for foreign citizens at international airports, said State Secretary of the Ministry of Foreign Affairs of Ukraine Andriy Zayats.
“From January 1, the issuance of visas at international airports will cease and the functionality of the electronic visa will expand,” Zayats told the Kyiv-based ezine LB.ua.
According to him, the Foreign Ministry acknowledged that the issuance of visas at the airport is neither modern nor effective, since some foreigners do not speak English, and some foreigners do not have a banking card, with which they can pay the consular fee.
In 11 months of 2018, about 35,000 visas have been issued at the airports of Ukraine.
Zayats said that the functionality of the electronic visa will now be expanded by increasing the number of states whose citizens will be able to issue it, adding that the list of purposes to be issued an e-visa is expanding.
“Now the purpose is only a tourist or business trip. From January 1, treatment and private trips to visit relatives are added to this. Visas for journalists are added. So, we block almost all non-immigration types of travel with electronic visas,” the diplomat said.
He said that the e-visa fee will be set at $85 from January 1, while the consular fee for entry into Ukraine will be set at $65.
