KYIV. Aug 8 (Interfax-Ukraine) – Bogdan Corporation’s Car Assembly Plant No. 1 (Lutsk), part of Bogdan Motors, which produces buses and trolleybuses, could supply 40 low-floor trolleybuses to Kremenchuk for the funds of the European Bank for Reconstruction and Development (EBRD).
According to local media reports, Bogdan Motors’ offer was accepted by the tender committee of the customer (Kremenchuk Trolleybus Department) as the most profitable one.
Bogdan should supply 35 units of 12-meter and five 18-meter trolleybuses to Kremenchuk.
Spokesman for Bogdan Corporation Serhiy Krasulia confirmed this information, but promised to give all the details after the corresponding contract is signed.
As reported, at the end of last year the EBRD announced its intention to provide a loan of up to EUR8 million to municipal enterprise Kremenchuk Trolleybus Department for the purchase of 50 new low-floor trolleybuses, spare parts for them and repairs.
The loan provided under the city’s guarantees will be accompanied by an investment grant of up to EUR2 million from the Eastern Europe Energy Efficiency and Environment Partnership (E5P), whose largest contributor is the EU.
KYIV. Aug 8 (Interfax-Ukraine) – Kniazha Life VIG insurance company in July 2017 signed an agreement on cooperation with a new partner, Free Life (Dnipro), which provides consulting services for registration of life insurance programs.
According to the website of the insurer, the decision on cooperation was made taking into account the branched client base in all the regions of Ukraine and the compliance of the further development strategy of the partner with the strategic objective of Kniazha Life VIG.
PJSC Kniazha Life VIG was established in 1999, It specializes in life insurance.
As reported, in 2016 the insurance company increased premium collection by 16.17% compared to 2015, to UAH 85.799 million from UAH 73.857 million, insurance claim fee payments by 2.4 times, to UAH 6.418 million.
KYIV. Aug 4 (Interfax-Ukraine) – DBI Hotels & Resorts (headquartered in Switzerland) plans in 2017 to increase the occupancy of the Ramada Encore Kyiv hotel by 14% compared to 2016, to 65% from 51%, the press service of the hotel has told Interfax-Ukraine.
The average cost of living for one guest per day is to rise in the hotel in 2017.
“There is percentage of increase and it amounts to 15-18%,” the press service said.
According to its data, in 2016 the hotel accepted about 75,000 guests, while the occupancy of rooms last year increased by more than 13% compared to 2015.
Wyndham Hotel Group (WHG) in June 2012 opened its largest four-star hotel under the Ramada Encore brand as part of the Stolychny multifunctional complex (formerly Domosfera) at 103 Stolychne Highway in Kyiv’s Holosiyevsky district. The hotel is managed by DBI Hotels & Resorts (Switzerland).
According to DeVision (Kyiv), the developer of the project of the multifunctional complex, investments in the opening of the hotel amounted to about UAH 520 million.
KYIV. Aug 7 (Interfax-Ukraine) – British-based Stiletto Systems Ltd. jointly with Canadian-based MAGNUM and its division Waterbury Farrel are considering the possibility of participating in a tender of the Ministry of Economic Development and Trade to create a new production of shooting and artillery ammunition in Ukraine.
Head of Stiletto Ukraine Roman Karpenko told Interfax-Ukraine the British-Canadian alliance has practical experience in designing and building modern ammunition production facilities in a number of countries and is ready to provide the construction of a new ammunition plant in Ukraine.
“Stiletto Systems Ltd. in alliance with MAGNUM and its division Waterbury Farrel are interested in participating in a possible tender of the ministry and are ready to offer a wide range of infantry and artillery ammunition, taking into account the request of the Defense Ministry and the needs of the Armed Forces of Ukraine,” he said, noting that the alliance’s proposals for cooperation in the project were submitted to the Cabinet of Ministers of Ukraine for familiarization in July.
British-based Stiletto Systems Ltd. specializes in the development of ammunition and small arms.
KYIV. Aug 7 (Interfax-Ukraine) – The Secretariat of Economy of Mexico has imposed provisional countervailing duties on imports of seamless steel tubes from South Korea, Spain, India and Ukraine.
The Secretariat published the decision in official publication Diario Oficial on August 3, 2017.
It was decided to continue the investigation.
Interpipe international vertically integrated pipe and wheel company (Dnipro) told Interfax-Ukraine that the duties would not considerably affect the company, as small batches of pipes were supplied to Mexico.
“The supplies of Interpipe’s tubes to Mexico in the period from 2013 through 2017 totaled only 5,000 tonnes. The sales to this country are not significant for Interpipe. However, the case of the new imposing of the duty on Ukrainian metal products is worrying. Another state imposes trade barriers against Ukrainian manufacturers. It is obvious that the domestic market protection policy and support of domestic producers is a generally accepted practice,” the group told Interfax-Ukraine.
As reported, Mexico’s Secretariat of Economy launched an antidumping investigation into imports of seamless pipes originated from South Korea, Spain, India and Ukraine on December 15, 2016.
The anti-dumping probe was opened against seamless pipes under foreign activity codes 7304.19.01, 7304.19.02, 7304.19.99, 7304.39.05, 7304.39.06 and 7304.39.99 of the Mexican customs tariff.
The investigation was launched under a claim of Mexico’s TAMSA (Tubos de Arcero de Mexico S.A.) where 99% of shares belongs to Italy’s Tenaris.
KYIV. Aug 7 (Interfax-Ukraine) – Largest taxpayers since early 2017 have paid UAH 176.6 billion of taxes. This is UAH 31 billion or 21% more than a year ago, the Office of Large Taxpayers has reported.
“The introduction of practice of personal consultant for each large taxpayer and the gradual automation of processes give good results. The economy is slowly going out of crisis and this means that payments will grow in the future thanks this,” Head of the Office of Large Taxpayers Yevhen Bambizov wrote on his Facebook page.
According to the office, one third of the sum was paid by oil and gas sector – UAH 57.6 billion (UAH 15.9 billion more year-over-year). Ukrgazvydobutok paid UAH 25.553 million, Naftogaz Ukrainy paid UAH 11.383 million, Ukrnafta – UAH 5.501 million and Ukrtransgaz – UAH 4.432 million.
The Office of Large Taxpayers said that one fourth (25.5%) of payments was sent by processing enterprises – UAH 45.1 billion (UAH 2.3 billion more than a year ago). The largest taxpayers were private joint-stock company Tobacco Company B.A.T.-Pryluky (UAH 6.97 million), Philip Morris Ukraine (UAH 5.835 million) and JT International Ukraine (UAH 4.39 million).
Tax payments from mining companies grew more than 1.5-fold, from UAH 24.5 billion in H1 2016 to UAH 43.8 billion in H1 2017 or 24.8% of total payments. Ukrgazvydobuvannia paid UAH 25.553 million, Ukrnafta – UAH 5.501 million and Naftogazvydobutok – UAH 2.298 million.
