KYIV. March 14 (Interfax-Ukraine) – The Verkhovna Rada has ratified the free trade area agreement (FTA) between Ukraine and Canada (No. 0120).
Some 272 people’s deputies voted for this decision on March 14.
Verkhovna Rada Speaker Andriy Parubiy after voting said he would urgently sign the document.
The agreement was signed in Kyiv on July 11, 2016.
According to an explanatory note to the document, the ratification of the agreement will promote the development of bilateral trade and economic relations between Ukraine and Canada, will allow Ukrainian producers to benefit from customs-free access to the Canadian market, will open new markets for Ukrainian enterprises.
ODESA. March 13 (Interfax-Ukraine) – M.V.Cargo has started building berth 25 for the grain terminal of Cargill at the Yuzhny maritime merchandise port (Odesa region).
The corporate relations service of TIS LLC, the co-owner of which founded M.V.Cargo for the implementation of the Cargill project, the length of the new berth will be 385 meters and depth – 16 meters.
“M.V.Cargo has carried out dredging works to create a construction pit for a hydraulic engineering unit of the berth in the amount of 620,000 cubic meters of soil. 100,000 cubic meters more is to be dug,” the company said.
The berth will be able to service vessels of the Postpanamax type to load them with grain.
According to the plan, construction of the berth will be finished during one year. During construction and further operation of the terminal over 500 jobs will be created.
“The terminal is to start operating in spring 2018. These are our commitments to the investor and creditors. This term is also linked to the start of the grain season. M.V.Cargo meets the schedule by 100%,” the corporate relations service said, citing M.V.Cargo Development Director Filip Hrushko.
However, TIS is alarmed with the postponement of a tender for dredging works at the Yuzhny port for March 2017. The start of the operation of the terminal depends on this.
“M.V.Cargo hopes that the tender will be transparent and it will be held in the due time, as more delays would not be accepted by investors… We hope that the top priority for foreign investment in the Ukrainian economic is obvious for all sides of the process, first, the government. We hope that the approval of the documents would be completed in the near future,” the corporate relations service said.
KYIV. March 13 (Interfax-Ukraine) – Ukraine in January and February 2017 exported 31,730 tonnes of poultry, and this was 45.4% more than a year ago, the State Fiscal Service has reported.
In money terms poultry exports rose by 37.8%, to $39.75 million.
Poultry imports grew by 38.8%, to 16,080 tonnes and in money terms it increased by 28%, to $6.4 million.
According to customs statistics, pork exports in January and February 2017 rose by 56.7%, to 1,130 tonnes for $2.11 million compared to $1.07 million in January and February 2016.
Pork imports to Ukraine over the period plunged by 33%, to 450 tonnes. Pork for $742,000 was imported to the country and this was 10.9% less than in January and February 2016.
As reported, Ukraine in 2016 exported 3,160 tonnes of pork, which is 88.4% less than in 2015. Pork imports in 2016 decreased by 23.2%, to 2,840 tonnes.
Poultry exports in the past year grew by 48.9%, to 240,160 tonnes. Poultry imports in 2016 rose by 36%, to 83,300 tonnes.
KYIV. March 13 (Interfax-Ukraine) – PJSC Vetropack Hostomel Glass Factory (Kyiv region), the largest Ukrainian producer of glass containers, last year saw a net profit of UAH 62.39 million against a net loss of UAH 80.34 million a year earlier.
According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market, its assets last year increased by 15.3%, to UAH 1.6 billion.
Undistributed profit increased by 49.8%, to UAH 189.1 million.
Total debtor indebtedness over the year rose by 32.6%, to UAH 396.7 million.
In 2016 its current obligations increased by 1.3 times, to UAH 237.3 million.
The plant shareholders intend to approve its financial results for 2016 at a general meeting on April 12 this year.
The number of personnel at the company last year decreased by four people, to 637 employees.
Since 2006 Vetropack Hostomel Glass Plant is part of the Vetropack European group of companies, a major glass container manufacturer with factories in Switzerland, Italy, the Czech Republic, Croatia, and Slovakia. It produces containers for wine, champagne, vodka and cognac, beer, mineral water, etc.
KYIV. March 13 (Interfax-Ukraine) – The volume of mergers and acquisitions (M&A transactions) in Ukraine in 2016 increased by 20%, to EUR605.3 million, while their total number decreased by 2.6 times, to 54, such data are given in a report of CMS legal group.
The largest transactions of the past year, according to the group, were exchange of assets between UniCredit financial group and ABH Holding (Luxembourg), within which the group transferred a 99.9% stake in Ukrsotsbank to the holding in exchange for a 9.9% stake in ABHH, the transaction was valued at EUR296.3 million; the purchase by American company Cargill of 51% of a transshipment terminal, which MV Cargo stevedoring company will build in Yuzhny port (Odesa region) for EUR90.9 million; the purchase by Kernel agrarian group of the right of demand for Ellada oil extraction plant (Kirovohrad region) for EUR87.1 million; the purchase by Fairfax Financial Holdings Limited international financial group of 9.99% in Astarta for EUR34.2 million; the purchase by Dragon Capital Investments Limited of the Piramida shopping center in Kyiv for EUR21.9 million; the purchase by the Federation of Trade Unions of Tatarstan of the Foros sanatorium, which formerly belonged to Ihor Kolomoisky, for EUR16.7 million; the purchase by 1+1 Media group of the Ukrainian satellite and Internet TV operator Viasat Ukraine from Swedish-based Modern Times Group MTG AB for EUR16.1 million; the purchase by the Rozetka.ua online store of a warehouse complex in Brovary for EUR14.6 million; the purchase by businessman Sergiy Tigipko of Radisson Blu Hotel in Podil in Kyiv for EUR9.2 million; and the purchase by Georgian Industrial Group of a 29.3% stake in PJSC Indar (Kyiv) for EUR4.3 million.
KYIV. March 13 (Interfax-Ukraine) – State-controlled PrivatBank (Dnipro) has won a tender conducted by Kyiv authorities to select banks to place ATMs at 49 metro stations.
“A tender has been conducted for placing ATMs in the metro. The winner is PrivatBank,” the Kyiv City Council deputy from the Samopomich faction, head of the commission on property issues Leonid Antonenko wrote on his Facebook page.
According to him, the cost of leasing premises for one ATM for the bank will be UAH 470,000 per month.
“The price rose from UAH 270,000 to UAH 470,000 per month excluding VAT. Initially Kyiv City State Administration planned to transfer the ATMs to another bank without a tender. This bank, by the way, did not apply for the tender,” Antonenko added.
