Business news from Ukraine

BOGDAN MOTORS TO PRODUCE ELECTRIC VEHICLES FOR DANISH BANKEELECTROMOTIVE

Danish BankeElectromotive and Lutsk Automobile Plant No. 1 of Bogdan Motors have signed contract for engineering (designing of the structural model) and production of trucks for collecting waste by municipalities of cities and towns all over the European Union. Bogdan Corporation said in a press release that the company seeks to produce at least 15 electric trucks for Denmark in 2018. In general, the need of BankeElectromotive is around 200 trucks a year.
The first trucks will be manufactured this summer. If its tests are successful, bulk production of trucks for Western Europe will begin this year.
Director of the automobile plant Dmytro Pysany said that the signing of the contract with the western European company is confirmation of high skills of specialists of the Bogdan Motors design bureau.
BankeElectromotive designs and produces electric trucks for urban use and spare parts for them for the EU market. “The issue of electric transport for Bogdan Motors is not new. The enterprise has experience in manufacturing modern trolleybuses for Ukraine and Europe, electric buses for Poland and electric bus bodies for France,” the corporation said.
The corporation reminds that it will also manufacture the bodies for electric buses of the French company Bluebus. The parties signed the contract. Under the first contract, the Ukrainian manufacturer will supply five 12-meter bus bodies to Bluebus. The customer will receive them before the end of May. Bogdan expects to extend the contract and deepen cooperation in the future.

FUHRLANDER PLANS TO PRODUCE 17 WIND TURBINES FOR UKRAINIAN WIND FARMS THIS YEAR

Fuhrlander Windtechnology LLC (Kramatorsk, Donetsk region) intends to produce 17 wind turbines for Ukrainian wind farms in 2018, deputy director for commercial issues Yuriy Shevchenko has told reporters during a visit to Kramatorsk organized by Ecodiya (Ecoaction) and Germanwatch.
“Last year only three units were built. This year we plan to manufacture 17 turbines. The customers are our Ukrainian investors,” he said.
Shevchenko added wind turbines will have different installed capacities: 2.5 MW, 3.3 MW, 3.5 MW, 4 MW and, possibly, 4.5 MW.
“These turbines will be mostly used at wind farms in Mykolaiv region. In addition, one of them is to be installed in Kramatorsk, on the Karachun mountain (later this wind farm will be expanded). In addition, it is planned to install one wind turbine of 4 MW in Kaniv (Cherkasy region),” he said.
According to Shevchenko, the cost of 1 MW of capacity of wind turbines produced by Fuhrlander Windtechnology is about EUR1 billion. For a 4 MW unit, this figure should be lower, at a level of EUR800-850 million.
Fuhrlander Windtechnology is the only manufacturer of modern wind power plants in Ukraine. It is engaged in construction of wind farms. The company produces goods on the site in Kramatorsk.

GOVERNMENT APPROVES STATE PROGRAM FOR ROAD DEVELOPMENT WITH UAH 300 BLN FUNDING

The Cabinet of Ministers of Ukraine at a meeting on March 21 approved the state targeted economic program for the development of public roads for 2018-2022.
According to the program, its total funding is UAH 298.349 billion, of which UAH 178 million at the expense of the State Road Fund, and UAH 113.8 billion at the expense of other sources.
Presenting the program at a government meeting, Head of the State Agency of Automobile Roads of Ukraine Slawomir Nowak said that in five years it is planned to connect all the regional centers of the country with high-quality roads.
“I just want to note: we plan to gradually move away from the current repairs and carry out overhauls, reconstruction and new construction. This requires more professional preparation of project documentation, more preparation and competition between construction organizations,” he said.
According to the expert, half of public roads in Ukraine, i.e. about 20,000 km, can be repaired by the end of 2022.

UKRAINE INCREASES ELECTRICITY EXPORTS BY 6% 2018

Ukraine increases electricity exports 6.1% in January and February 2018 year-on-year to 1.032 billion kilowatt-hours (kWh), the Ministry of Energy and Coal Industry told Interfax-Ukraine.
Electricity supplies from the Burshtyn thermal power plant energy island in the direction of Hungary, Slovakia and Romania for the three month fell 17.8% compared to January and February 2017, to 647.887 million kWh.
Electricity supplies to Poland rose 56.6% to 288.352 million kWh. Ukraine exported 96.014 million kWh to Moldova in January and February 2018 compared to nil a year earlier.
No electricity was exported to Belarus or Russia in January and February 2018 or January and February 2017.
Ukraine imported 6.26 million kWh of electricity in January and February 2018 (of which 6.024 million kWh from Russia and 0.236 million kWh from Belarus) versus 8.293 million kWh in the same period last year. Energomarket contracts account for the imports as technological transfers.

BRITISH-UKRAINIAN MARITIME INDUSTRIES FORUM HELD IN UKRAINE (ODESA)

The first British-Ukrainian Maritime Industries Forum is taking place in Odesa. Deputy Ambassador of Britain to Ukraine Helen Fazey told reporters during the briefing British business sees great opportunities for developing export and import capacities of Ukraine and its economy as a whole. “We are here because we see that this is an extremely great opportunity … British companies have tremendous experience in these matters: from port designing to financial and legal issues and security issues. I am pleased to see a large number of British companies at this forum, and I hope that this will lead to close cooperation of British companies with Ukrainian ports,” she said.
Ukraine’s Minister of Infrastructure Volodymyr Omelyan, in turn, noted that the seaports of Ukraine are the most attractive asset for concession investments in Ukraine.
He added that in May-June this year the State Property Fund of Ukraine would hold a tender for the “container part of Chornomorsk port,” and this will start the development of Ukrainian ports in a concession format.