KYIV. April 21 (Interfax-Ukraine) – DTEK energy holding plans to increase total production of DTEK Dobropilliavuhillia LLC and Bilozerska double liability company by 27% or 700,000 tonnes of coal in 2017, to 3.5 million tonnes, the press service of DTEK has reported.
“According to the new development program, by the end of this year it is planned to produce 700,000 tonnes of coal more at DTEK Dobropilliavuhillia’s coalmines than in 2016 (totally 3.5 million tonnes),” the company said.
In 2017, over UAH 1 billion will be invested in DTEK Dobropilliavuhillia. This is twice more than in 2016.
“Over UAH 4 billion will be sent [to develop the enterprise] by 2020, which would allow boosting annual production to 5 million tonnes,” DTEK said.
The company said that along with development of own production it continues buying coal from state-owned coalmines. In January-March 2017 DTEK bought 225,000 tonnes of gas coal from state-run enterprises.
KYIV. April 20 (Interfax-Ukraine) – Business and investors are waiting for the creation of a transparent and clear mechanism for having access of investors to infrastructure, European Business Association (EBA) Executive Director Anna Derevyanko has said.
A transparent mechanism for having access of investors to infrastructure should be introduced and they should have absolutely equal rights, she said at the Ukrainian Infrastructure Forum in Kyiv on Thursday. Transparent regulation of tariffs and the clear regulatory base are required, she said.
As for the port infrastructure, Derevyanko said that competitiveness of ports should be increased and port dues are to be brought to the competitive level.
She said that the rules for compensation of investment in the port sphere should be adopted, adding that this issue is important for investors.
KYIV. April 20 (Interfax-Ukraine) – The Ministry of Agricultural Policy and Food has announced the transfer of UAH 79.8 million in budgetary subsidies to agricultural producers on the basis of their activities for February.
According to a report on the Facebook page of Minister Taras Kutoviy, this amount is one-fiftieth of the planned state support to agricultural producers on VAT compensation.
The minister thanked the State Treasury Service and the State Fiscal Service for coordinated work in payment of subsidies.
As reported, the Cabinet foresaw UAH 4 billion for the system of subsidies in the agro-industrial complex in 2017.
Payment of such subsidies for February 2017 was carried out under separate conditions in connection with the terms of entry into force of the relevant regulatory and legal acts. Payment of state support from March is carried out as normal.
According to the Association of Milk Producers, a number of enterprises included in its structure received state compensation in the amount of 30% to 57% of the VAT paid.
KYIV. April 20 (Interfax-Ukraine) – Nova Poshta group of companies plans by the end of 2017 to triple the total volume of deliveries in Moldova, and increase it by 2.5 times in Georgia.
According to a press release from Nova Poshta, in 2016 the volume of domestic deliveries in Georgia grew by 4.6 times, international by almost nine times.
“At the same time, a higher demand in the Georgian market is seen for domestic deliveries: the number of deliveries inside the country in 2016 was 3 times higher than the number of international shipments. As a whole, the company delivered about 200,000 items over the year in Georgia,” the report says.
The development of Nova Poshta in Moldova began with the B2B segment and is now continuing in the B2C category. In this country, the volume of domestic deliveries in 2016 quadrupled, international almost tripled. As a whole, in Moldova the company in 2016 delivered more than 50,000 items. At the same time, international deliveries are of a greater demand in the Moldovan market. This is due to the geographical location of the country, as well as the developed logistics solutions with Ukraine and other states.
Nova Poshta, founded in 2001, is the leader in the local delivery market. The company’s network consists of more than 2,300 offices throughout Ukraine. In 2016 Nova Poshta delivered more than 100 million items.
KYIV. April 20 (Interfax-Ukraine) – Construction of one of the largest industrial parks in western Ukraine – Sigma Park Yarychiv – on a land parcel of around 25 ha in Lviv region will start in April 2017, Ukrainian Prime Minister Volodymyr Groysman wrote on his Facebook page on Wednesday.
“In April the preparation for construction of one of the largest logistics parks in western Ukraine Sigma Park Yarychiv on 25 ha will start. Several large and dozens of small foreign companies will operation in Stary Yarychiv located 20 km far from Lviv in two years. They would create around 8,000 jobs,” the prime minister said.
He said that the opening of the industrial park would add some UAH 40-50 million to the budget of the rural council every year.
“I am sure that the creation of these industrial parks would allow us to make a breakthrough. Thanks to the founders for the real step to economic growth! I hope that lawmakers would support relevant legislation on industrial and technological parks that would help to stimulate this development,” he said.
KYIV. April 19 (Interfax-Ukraine) – The total cost of assets of private pension funds in Ukraine as of late 2016 reached UAH 2.139 billion, and this was 8% more than as of late 2015 and 13.4% less than as of late 2014, according to a posting on the website of the national commission for financial service markets regulation.
The regulator said that total revenue received from investment of pension assets grew by 23.9%, to UAH 1.081 billion. Profit from investing assets was UAH 834.8 million (27.1% up).
The sum of retirement investments grew by 0.4%, to UAH 1.895 billion. Companies paid UAH 1.802 billion (95.1% of total investments, 0.2% down). Investments by individuals totaled UAH 92.2 million (14.8% up).
Expenses settled using pension assets grew by 14.2%, reaching UAH 245.7 million for the period of existence of pension funds or 11.5% of total cost of assets.
The regulator said that the number of pension contracts signed by administrators of the private pension funds grew by 4.9%, to 62,600 thanks to growth of the number of contracts signed with individuals by 6.2%, to 55,200.
The number of investors grew by 2.5%, to 56,500.
The total number of participants of private pension funds was 834,000, including 81,300 (9.7%) receiving pensions.
Pension payments grew by 13.1%, to UAH 629.9 million.
