PJSC Farmak (Kyiv), among top three leaders of the pharmaceutical sector of Ukraine, plans to invest $10 million in construction of a pharmaceutical plant in Uzbekistan, the company’s press service has reported. “With a view to the export development, Farmak is considering an investment project with investment of $10 million to localize production in the Republic of Uzbekistan with the launch of production in bulk and a gradual transition to full-cycle production, with the development of technologically more complex products, in particular, radiopaque and biotechnological products,” the press service of the company said, citing Chairperson of the supervisory board Filia Zhebrovska.
At present, Farmak is fourth in sales in the pharmaceutical market of Uzbekistan, the portfolio of products sold in this country totals 120 items.
The company said that the head of the Farmak’s supervisory board and Ambassador of Uzbekistan to Ukraine Alisher Abdualiyev have already agreed on the construction of the plant.
“The new production facility of Farmak will expand the range of medicines that are produced in Uzbekistan, reduce dependence on imported production and create a basis for further expansion of the pharmaceutical cluster,” Abdualiyev said.
Farmak is a member of the Association Manufacturers of Medications of Ukraine (AMMU).
One troy ounce=31.10 grams
Ferrexpo plc, whose main assets are Ukrainian iron ore producers Poltava and Yeristovo mining and processing plants, exported 5.77 million tonnes of iron ore pellets in January-July 2018, retaining its leadership among FSU pellet exporters.
Ferrexpo, which exported pellets to Europe, Japan, South Korea and China in the seven months of 2018, said in a press release that the state UkrPromZovnishEkspertyza enterprise had published the data.
Poltava Mining exported 4.465 million tonnes of pellets and Yeristovo exported 1.303 million tonnes.
Russia’s Severstal, in particular its Karelsky Okatysh mining unit, exported 3.239 million tonnes of pellets in the seven months; Ukraine’s Metinvest holding exported 2.979 million tonnes, with Pivnichny (Northern) Mining exporting 1.631 million tonnes and Central Mining – 1.348 million tonnes; Russia’s Metalloinvest exported 2.326 million tonnes, of which Mikhailovsky Mining 1.753 million tonnes and Lebedinsky Mining – 600,400 tonnes; and Evraz Group, notably Kachkanarsky Mining, exported 339,000 tonnes of pellets.
Ferrexpo exported 10.407 million tonnes of pellets in 2017.
The London-listed Ferrexpo plc owns 100% of Ferrexpo AG, which owns the Ukrainian mines.
Primary registrations of new passenger cars in August 2018 grew by 11% year-over-year and by 10% on July 2018, to 7,300 units, the Ukrautoprom association has reported. The leader of the market in August was France’s with a rise of 39% in sales year-over-year, to 986 cars. Toyota was second again with 983 cars (13% up).
Nissan climbed from fourth to third position in Aug (Skoda was third in July) with 498 cars (32% up).
KIA cars sales grew by 10%, to 477 cars. Hyundai, as in July, was fifth with 452 cars registered (45% more).
The top ten in August also included Skoda with 404 cars (1% up), Mazda with 315 cars (30% more), Volkswagen with 313 cars (40% down), Ford with 294 cars (20% up) and Suzuki with 277 cars (54% up).
Ukrainian metallurgical enterprises boosted total rolled steel production by 4% in January-August 2018 year-over-year, to 12.265 million tonnes.
Steel output increased by 2%, to 14 million tonnes, that of pig iron by 7%, to 13.645 million tonnes, the Ukrmetprom Association said on Tuesday.
At the same time, relative indicators of output in January-August 2018 compared to January-August 2017 excluding two months’ work of enterprises in uncontrolled territories in eastern Ukraine were higher: the output of rolled steel increased by 8%, that of steel by 5%, and pig iron by 11%.
In August 2018, Ukraine’s metallurgy produced 1.733 million tonnes of pig iron (98% as compared to July 2018), 1.806 million tonnes of steel (99.5%), 1.515 million tonnes of rolled steel (101%).
In 2017, Ukraine reduced steel production by 12% from 2016, to 21.284 million tonnes, while production of rolled steel was 18.439 million tonnes (a 14% decline) and that of pig iron was 20.035 million tonnes (a 15% decline).
