LVIV. April 12 (Interfax-Ukraine) – The largest plant making chimney systems from stainless steel in western Ukraine was opened in Sokolnyky near Lviv on Monday, the press service of Lviv Regional Administration has reported.
The press service said that the plant of Utikom-Ukraine LLC is the largest in western regions of Ukraine: its capacity exceeds 10,000 square meters of chimneys and elements a month.
“This is the largest and the most modern enterprise producing chimneys operating not only on the national market, but will also manufacture products for exports,” the press service said, citing Lviv Regional Administration Head Oleh Syniutka.
The plant is able to produce over 10,000 items of elements of chimneys with diameter from 80 mm to 600 mm.
The press service said that UAH 5 million was invested in construction of the plant.
KYIV. April 12 (Interfax-Ukraine) – Bank Credit Dnepr, chemical concern BASF and Bershad Agroplus distributor with advisory support of the International Finance Corporation (IFC) have created a joint credit program for farmers who will be able to buy BASF plant protection agents, bank Credit Dnepr has said in a press release.
According to the report, the new credit product will work on the basis of the innovative digital platform created by IFC experts jointly with partners. The new platform allows revising the approaches to assessment of risks and reducing spending on the resources. Producers would be able to receive financing within three working days at the grace credit rate.
Bank Credit Dnepr told Interfax-Ukraine that the credit could be issued for one agricultural cycle with an agrarian receipt.
“Our task is to help to provide farmers with financial tools suiting the specifics of their business and allow effectively solving major problems. Our new program would become another step in operation of IFC in Ukraine aiming at the increase of effectiveness and profit-making in agribusiness,” IFC’s Europe and Central Asia Agri-Finance Program Manager Leah Soroka said in the press release.
According to the report, managers of Bershad Agroplus will assess a credit risk at the site where agricultural companies are located. The producers will receive a preliminary decision on the credit at once after providing all information.
“Our plans are to continue jointly with IFC the modernization and improvement of the technological platform to have quicker process of considering applications by bank specialists. We have been working in the agribusiness sphere for more than one year and see the needs of our clients. Among the key demands is the speed of decision making. Farmers do not have time to wait for a decision for weeks due to the seasonal character of its work. One of our key tasks for today, along with the restoration of the acceptable crediting, is the creation of as quick as possible mechanism for providing credits,” the press service of the bank said, citing Deputy Board Chairman Andriy Moiseyenko.
Bank Credit Dnepr was founded in 1993.
Bank Credit Dnepr ranked 21st among 93 Ukrainian banks on January 1, 2017 by total assets (UAH 8.279 billion), according to the National Bank of Ukraine.
KYIV. April 11 (Interfax-Ukraine) – PJSC Kremenchuk plant of road machines (Kredmash, Poltava region) plans in 2017 to increase production by 19.7% compared to 2016, to UAH 625.9 million.
According to the plans outlined in the company’s financial report for 2016, promulgated in the information disclosure system of the National Commission on Securities and the Stock Market, this year the plant plans to produce 38 asphalt and ground-batching plants.
In addition, it is planned to produce spares and components for road building machines for UAH 180 million, consumer goods worth UAH 66.2 million, as well as increase the volume of cooperative supplies to UAH 6.06 million.
According to the company’s website, in January-March this year Kredmash sold 14 asphalt mixers against five as of the same period in 2016.
Kredmash intends this year to purchase new equipment, devices and machines worth more than UAH 4 million. In 2016 the company’s capital investment in the re-equipment of the workshops amounted to UAH 2.57 million.
KYIV. April 11 (Interfax-Ukraine) – Vinnytsia, Kharkiv and Lutsk are leaders of the rating of Ukrainian regional centers in terms of satisfaction with the quality of services, Kyiv is 16th, according to a study of the Rating sociological group.
The study was presented in Kyiv on April 7. It took into account satisfaction of residents of the city with the quality of services in 22 spheres (security, medicine, educiton, satisfaction with local authorities and other spheres).
Residents of cities could name 5 points as the highest appraisal.
According to the study, Vinnytsia has 3.5 points, Kharkiv and Lutsk – 3.5 points, Rivne and Ternopil – 3.2 points, Mariupol, Khmelnytsky, Ivano-Frankivsk – 3.1 points, Lviv, Zhytomyr, Poltava, Cherkasy, Chenihiv, Severodonetsk – 3 points, Dnipro – 2.9 points, Kyiv, Kropyvnytsky, Zaporizhia, Odesa, Sumy, Chernivtsi, Mykolaiv and Uzhgorod – 2.8 points and Kherson – 2.7 points.
Vinnytsia has been the leader of the rating for the third year in a row, a representative of the Rating group Ihor Tyschenko said at a briefing on April 7.
He said that Kyiv residents make more trips abroad and this could influence the assessment of their city.
The study was conducted late February and early March via polling residents of regional centers (apart from Crimea) A total of 19,200 respondents were polled, 800 in each city.
KYIV. April 11 (Interfax-Ukraine) – Arber Fashion Group (AFG), the largest Ukrainian clothing holding, intends in 2017 to open 15-20 new stores of the F’91 network in Ukraine, holding director Vadym Zolotarevsky has said.
“For today F’91 is our key project from the point of view of future development, which represents a large-format retail in the “middle minus” segment, where men’s, women’s and children’s clothes are presented. We have opened eight stores in Kyiv, Poltava and Odesa, and this year we plan to open about 15-20 more stores in the format of 500 square meters,” he said at panel discussion at Retail&Development Business Expo in Kyiv on April 7.
He said now F’91 stores represent the goods of Ukrainian producers, as well as the private label of the company itself, whose share is to be increased, providing a reliable business model for the project.
According to Zolotarevsky, one of the key directions of the company’s development is now the improvement of Arber stores, in particular, through the expansion of the goods line-ups that are represented in them.
Arber Fashion Group is the largest vertically integrated Ukrainian holding producing clothing and accessories. It is represented by a trading network of 111 stores in all regions of Ukraine under the Arber, F’91 and Kokon brands.
KYIV. April 11 (Interfax-Ukraine) – Direct passenger ferries have been launched between Odesa and Istanbul, Ukrainian Ambassador to Turkey Andriy Sybiha has reported.
“Turkey and Ukraine are becoming closer: today direct passenger ferries were launched between Haydarpasa terminal [Istanbul] and Odesa. The occupancy is 90%,” he wrote on his Twitter page.
Haydarpasa terminal is a railway station on the Asian part of Istanbul. It was built in 1906-1908 as the initial point of the Istanbul- Baghdad railway. The station services Asian suburbs of Istanbul and the entire eastern part of Turkey up to the borders with Armenia, Iran and Syria.
