KYIV. Oct 12 (Interfax-Ukraine) – Kharkiv Bearing Plant (HARP), part of UPEC industrial group, has signed a one-year contract to supply bearings to the largest manufacturer of agricultural machinery in Bulgaria – MetalAgro AD.
According to the press release of the HARP, earlier MetalAgro AD used HARP AGRO bearings with a tight X-SHIELD sealing sold via HARP dealers.
“For several years of operation of agricultural machinery with the off-hand HARP AGRO bearings with a unique sealing, Bulgarian farmers have assessed their quality and reliability. Today, MetalAgro AD has decided to install only HARP products to the entire range of agricultural machinery and work with us directly, without intermediaries,” Director of the bearings sales department of UPEC-Trading Vitaliy Buhrov said.
Under the contract, HARP will supply components in the amount corresponding to the need for bearings of the entire annual number of agricultural units sold by MetalAgro AD.
At the moment, the first batch of HARP bearings is already being prepared for shipment to Bulgarian partners.
These are HARP AGRO bearings with a tight X-SHIELD sealing and new bearings of UC Series (similar to YAR), ES (YET) and EX (YEL).
KYIV. Oct 12 (Interfax-Ukraine) – The capacity utilization of enterprises operating in the Ukrainian rocket and space industry in the first half of 2017 amounted to 30.9%, or 3.2% less than in the same period in 2016, the State Space Agency of Ukraine (SSAU) has told Interfax-Ukraine.
SSAU said in an official response to the agency that the biggest difficulties with capacity utilization in the first half of the year were faced by the Makarov Pivdenny Machine Building Plant (Dnipro), which was only 12.4% loaded, and also the state-run Arsenal Plant – 15.2%.
At the same time, the volume of production (in comparative prices) of enterprises operating in the sector in January-June 2017 grew by 35.1% year-over-year, and sales rose by 37.9%. Production and sales in the first half of the year amounted to about UAH 1.87 billion, and gross output reached about UAH 2.23 billion, SSAU said.
In the total volume of sales, the share of exports was 60.5%, or 39.7% than in January-June 2016. Export growth was provided by export-oriented enterprises of the industry. It was 177.6% at the Makarov Pivdenny Machine Building Plant, 83.6% at the Arsenal Special Device Production State Enterprise (Kyiv), 33.4% at Pavlohrad Chemical Plant (Dnipropetrovsk region), 25.1% at Pivdenne Design Bureau (Dnipro), and 18.7% at PJSC Hartron (Kharkiv).
In the structure of exports, 92.2% of products were supplied to the EU countries, the United States, and other countries. The share of exports to Russia shrank by 17.2%, to 7.6%.
SSAU currently manages 26 enterprises and organizations of the space industry. The state budget for 2017 envisages UAH 2.91 billion for financing the space industry, or 14.2% less than in 2016. In the total amount of financing, 61.5% of the funds from the state budget’s general fund are envisaged for the fulfillment of debt obligations on previously attracted loans for the implementation of international industry projects.
KYIV. Oct 11 (Interfax-Ukraine) – Exports of Ukrainian agricultural products in January-August 2017 grew by 24.5% year-over-year, to $11.475 billion, the Agricultural Policy and Food Ministry has reported.
“Over the period Ukraine mainly exported the following group of goods: sunflower oil, safflower oil and cottonseed oil with the share of 26.25% of total agricultural products export, corn – 20.34%, wheat and wheat mixture – 12.87%, poultry – 2.29% and other goods,” Deputy Agricultural Policy and Food Minister for European Integration Olha Trofimtseva said.
She said that the top key buyers of Ukrainian agricultural products over the period includes India, where goods for $1.3 billion were exported, Egypt – $986.1 million, the Netherlands – $762.8 million, Spain – $731.6 million and China – $631.8 million.
“The EU countries are second in the regional structure of our agricultural exports. Our exports to the European market expanded by 37.3% or $988 million over the reporting period, to $3.6 billion,” she said.
Trofimtseva said that the share of EU of the total foreign trade flow of agricultural products is 35.2%.
Agrarian products for $2.8 billion were imported to Ukraine in January-August 2017.
“The statistics allow us to predict the increase in the annual cost of Ukrainian exports of agrarian products and food by 15-20%,” she said.
KYIV. Oct 11 (Interfax-Ukraine) – Velta RD Titan, founded by Ukraine’s RD Titan Group and Velta Group Global, is developing an innovative method for the production of titanium dioxide i-TiO2, which will be an alternative to sulphate and chloride methods for getting pigment-grade titanium dioxide, which was discovered in the 20th century.
The Dnipro-based Velta production and commercial company said in a press release on Monday that Ukraine’s Velta RD Titan had presented the development of the new method as part of the TiO2 World Summit in Spain.
It notes that Velta RD Titan sees the potential of pigment dioxide as one of the important materials for the industrial revolution 4.0. White pigment is the basis for the production of paint and varnish, film materials, plastics, artificial leather, and a number of new developments.
“During the rapid technological development, more and more innovators pay attention to TiO2 products, but for the explosive growth of this material it is necessary to significantly reduce the cost of production. Our developments will reduce the cost and therefore expand the use of titanium products in both classical and innovative markets,” the company’s press service quoted Andriy Honchar, deputy director general and technical director at Velta RD Titan, as saying.
In addition, the statement notes that one of the mandatory criteria for i-TiO2 is maximum environmental friendliness in production.
The development plan with further approbation is designed for three years.
KYIV. Oct 11 (Interfax-Ukraine) – Around 300 companies from 13 countries will exhibit their products in the interests of the security and defense sector at the 14th specialized exhibition Arms and Security 2017 to be held in Kyiv on October 10 through October 13.
The organization committee of the exhibition told Interfax-Ukraine that along with Ukrainian companies, the United States, Turkey, Poland, Pakistan, Bulgaria, the Czech Republic, France, Germany, Italy, Switzerland, Israel, China and the United Arab Emirates have confirmed their participation in the exhibition.
Among foreign participants are Turkey’s Aselsan and Roketsan, U.S. Night Vision Devices, China’s BACEI, France’s Rockwell Collins France and Ouvry, Poland’s WB Electronics, Israel’s Opgal Optronic Industries, Italy’s CMS Industries, Germany’s Rohde & Shwarz, Pakistan’s DEPO and Heavy Industries Taxila and UAE’s International Armored Group.
Defense enterprises of the public and private segments of the defense industry, including enterprises of the Ukroboronprom State Concern and the League of Defense Enterprises of Ukraine, will show the potential of the Ukrainian defense and industrial complex at the exhibition, as well as famous sector flagships on the global market, as PJSC Motor Sich, AvtoKrAZ, Kuznia na Rybalskom, TASKO Corporation, Arsenal and Pivdenne (Yuzhnoye) Design Bureau.
The organization committee said that the main accents of the exhibition reflect the challenges facing the defense industry of Ukraine in the conditions of the long-term challenges of the country’s defense capability to ensure large-scale rearmament of the Armed Forces and the development of the Ukrainian defense market, the expansion of the international military and technical cooperation and the expansion of the presence of Ukrainian defense companies in the global arms market and the implementation of NATO standards in the production of defense products.
TBILISI. Oct 11 (Interfax) – Georgia, Ukraine, Azerbaijan, and Moldova, which constitute the GUAM Organization for Democracy and Economic Development, are set to create a free-trade zone in the region, Georgian Deputy Prime Minister and Foreign Minister Mikheil Janelidze told reporters in Tbilisi.
“At this stage, we are working on agreements to implement a free-trade zone; the process is expected to be finalized by the end of the year,” Janelidze said, summarizing the results of the meeting of the GUAM foreign ministers held in Tbilisi on Sunday on the occasion of the organization’s 20th anniversary.
The free-trade zone is important not only for furthering trade and economic relations but also for boosting the transport corridor project, he said.
He underscored the significance of the transport corridor as a key priority of the GUAM countries. “We will do our best to make this transport corridor more efficient and attractive in the eyes of the world,” Janelidze said.
The corridor will be good for the region and ensure stability and development, he said. “Of course, we are inviting all interested states, both from the East and from the West, to cooperate,” he said.
The foreign ministers of Georgia, Ukraine, Azerbaijan, and Moldova signed a statement at the end of their meeting declaring their readiness for further close cooperation in all areas.
GUAM is a regional organization established in 1997. Georgia is presiding at the organization this year.
