Bosch in Ukraine saw a 19% rise in sales in Ukraine in 2018 compared with the previous year, to almost EUR 90 million, the company said in a press release on Tuesday.
As reported, the initial sales forecast for the company this year planned at least 15% growth.
“Last year was successful for the company, all directions showed a good result, which allowed us to reach the pre-crisis level and significantly improve overall profitability in euros,’ Director General of Robert Bosch Ltd Vitaliy Bulda said.
According to him, “positive business development” is also expected in the current year, based on the results of the first quarter.
According to the company, in 2018, all business areas showed a positive development, in particular the Mobility Solutions sector, which is mainly represented by the auto parts division, significantly increased, the industrial technologies and electric tools divisions significantly increased, and in the construction technologies sector the growth was 75%.
The Bosch Auto Service network, according to the company, remains the largest independent network of car maintenance stations in Ukraine. Today it unites 108 stations (a year ago 104): 92 Bosch Car Service stations and 16 Bosch Diesel Service stations.
The Thermotechnology division continued its participation in the energy efficiency program developed by the European Bank for Reconstruction and Development (EBRD), which allows end users to have compensation for 35% of the cost of energy efficient housing upgrades.
Bosch in Ukraine has also implemented several innovative projects, in particular, on installing solar cell batteries on the roof of a sports complex, shopping centers, and business centers.
Norway’s Scatec Solar jointly with China’s POWERCHINA Guizhou Engineering Co. Ltd. has started implementing a project to build the Prohresivka solar power plant with a capacity of 148 MW (Prohresivka, Mykolaiv region). The press service of the company reported that the total cost of the project is EUR 124 million. POWERCHINA covers 65% of capital expenditure. The launch of the plant is scheduled for H1 2020.
As reported, Scatec Solar in 2018 established and acquired about half a dozen companies in Ukraine to implement its projects on the construction of solar power plants.
Podilsky Energoconsulting LLC under a contract with PJSC Zaporizhiaoblenergo will reconstruct the Robocha substation to connect Scythia Solar 2 photovoltaic power plant with a capacity of 33 MW belonged to UDP Renewables of businessman Vasyl Khmelnytsky.
The cost of the contract signed on June 3, 2019 is UAH 20.641 million, according to the ProZorro e-procurement platform.
According to a posting on the website of UDP Renewables, the start of the operation of Scythia Solar 2 photovoltaic power plant is scheduled for September 2019.
The plant is located on the territory of Kostiantynivka rural council of Melitopol district of Zaporizhia region.
As reported, UDP Renewables on March 1, 2019 launched Scythia Solar 1 photovoltaic power plant with a capacity of 13 MW in Zaporizhia region. Investment in the project totaled $10.1 million.
KNESS (Podilsky Energoconsulting LLC is a member of the goup) acted as general contractor and Ukrgasbank (Kyiv) acted as a financial partner.
According to UDP Renewables, its plans include an increase in the 2 photovoltaic power plants portfolio to 175 MW in 2019.
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Metinvest, the largest Ukrainian mining and metallurgical holding, in 2018 ranked 42nd in the list of the world’s largest steel producers with a volume of 9.37 million tonnes compared to the 42nd place in 2017 with a volume of 9.59 million tonnes of steel, the 37th place in 2016 with 10.34 million tonnes of steel, the 40th place in 2015 with 9.65 million tonnes, and the 33th place in 2014 with 11.18 million tonnes.
According to the rating announced by the World Steel Association (Worldsteel), ArcelorMittal remained the largest steel maker last year with a production volume of 96.42 million tonnes (97.03 million tonnes in 2017).
There are no Ukrainian companies, except for Metinvest, in the list of the 50 largest world steel producers in 2018, as well as in 2017, 2016, 2015, and 2014. The Industrial Union of Donbas Corporation (ISD), which ranked 44th in 2013 with a production volume of 7.9 million tonnes, in 2014, 2015, 2016, 2017 and 2018 dropped out of the leaderboard.
