KYIV. March 6 (Interfax-Ukraine) – Bio-Line-Reni LLC plans to build an organic food handling complex at the Reni seaport. This would add new cargo flow of up to 120,000 tonnes a year, Ukrainian Sea Port Authority has reported.
According to the report, Bio-Line-Reni is implementing the project in pursuance to the law on the Reni special economic zone. The number of ships entering the port would increase by 80-90. The expected volume of private investment is $1.6 million.
According to the authority, extra tax payments from the launch of the complex could reach UAH 762,000, and in two years from the moment of its launch budget payments could total UAH 3-3.5 million.
The ultimate beneficiary of Bio-Line-Reni LLC is Yulia Voitkiv, according to the unified register of companies.
KYIV. March 6 (Interfax-Ukraine) – Deputy Head of the Presidential Administration, Konstiantyn Yeliseyev has said Ukrainian President Petro Poroshenko intends to visit London, the United Kingdom, to attend the conference which will showcase the results of reforms in Ukraine.
“We have agreed that in the first half of this year, our president will make a visit to London, where hopefully he will open a large-scale conference on Ukraine, which will be dedicated to Ukraine’s progress in carrying out reforms,” the deputy head of the presidential administration said on the Inter TV channel on Sunday evening.
Earlier, during his visit to Kyiv, British Foreign Secretary Boris Johnson said that the conference dedicated to the reforms in Ukraine will be held in London in July.
KYIV. March 6 (Interfax-Ukraine) – Public joint-stock company Kharkiv Tractor Plant plans to reach monthly production of 150 tractors, the owner and president of DCH, Oleksandr Yaroslavsky, who owns around 92% of shares of the plant, has said.
“Since February 11 [when production was resumed after a 10 month idle period] as of today we have produced around 70 tractors. We plan to produce 150 tractors a month,” he told reporters last week.
He said that around 30% of the products will be sold on the domestic market.
“Sales market? Ukraine’s share is around 30%, and the rest [will go to] Kazakhstan, Uzbekistan, Azerbaijan and Iran,” he said.
He confirmed that he plans to invest UAH 200 million in the plant. He said that he paid wages for 10 months of idle period – UAH 73 million.
DNIPRORUDNE. March 6 (Interfax-Ukraine) – Slovakia’s Minerfin and Zaporizhstal will continue investing into development of private joint-stock company Zaporizhia Iron Ore Combine (Dniprorudne, Zaporizhia region).
One of the key shareholders in Jan Moder said at the opening of the crushing complex in Dniprorudne on Friday, investors believe in success of Zaporizhia Iron Ore Combine.
“Two years ago iron ore prices plunged, but we continued investing to finish construction of the crushing complex,” he said.
He said that it took 16 years to build the complex. The development of new layers would allow producing ore for at least 15-16 years with deposits of 68 million tonnes of iron ore.
“I hope that this is not the end of our enterprise and the development of this field,” he said. He said that the produced ore is stably supplied to European enterprises.
In turn, Director General of Zaporizhstal Rostyslav Shurma said that the construction of the crushing complex was finished as part of a mega project.
“Minerfin Group will continue investing hundreds of millions of hryvnias jointly with Zaporizhstal,” he said.
Head of the supervisory board of Zaporizhia Iron Ore Combine Peter Plany expressed satisfaction with the completion of construction of the complex. This will load the enterprise in the future periods.
KYIV. March 6 (Interfax-Ukraine) – The total installed capacity of solar panels at Ukrainian households in 2016 increased by almost 7 times, from 2.2 MW to 16.7 MW, according to the State Agency on Energy Efficiency and Energy Saving of Ukraine, with reference to its head Serhiy Savchuk.
“The number of households which installed solar panels in 2016 almost quadrupled compared with 2015, namely from 244 to 1,109 households,” a press release reads.
The report states if in the first quarter of last year the capacity of private solar power panels was 3.4 MW, then in the six months it reached 5.06 MW, and after another three months 7.9 MW, and afterwards by the end of the year it doubled.
With regard to the number of households with solar panels, in the first quarter of last year their number increased by 54, in the second quarter by 132, in the third quarter by 195, and in the fourth quarter by 484.
The agency said households now install more powerful panels than before.
According to the document, there are 6.5 million individual residential buildings in Ukraine.
KYIV. March 6 (Interfax-Ukraine) – The deep targeted regulatory approaching with a focus on participation in European chains of creating added value, industrial outsourcing, the active involvement of Ukraine in the Horizon 2020 and COSME programs and exchange of newest technologies are the potential directions of cooperation between Ukraine and the European Union discussed during the industrial dialog in Brussels.
The press service of the Economic Development and Trade Ministry of Ukraine reported on Thursday that meetings of six working groups were held as part of the dialog on March 1 and March 2, including removal of technical barriers in trade, small and medium-sized enterprises (SME), cooperation in the aerospace area, public procurement and industry (automobile manufacturing).
“Ukraine’s integration into the European space means approaching in many spheres and sectors. Today industry is on the agenda… It is important for Ukraine to become a part of the large industrial family of the EU to continue transformation of the economy from the raw-material-intensive economy into the high-tech innovative industrial model,” the press service said, citing First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv.
Deputy Economic Development and Trade Minister, Trade Representative of Ukraine Natalia Mykolska said that the creation of the common industrial space would help Ukrainian companies to become part of European and even pan-European industrial added value chains. She said that today the EU is the main trade partner of Ukraine. Trade with the EU is growing, she said.
“Growth in the sectors with high added value is important for us. This is our industry. Proposals of working groups would help to integrate Ukrainian companies into these chains thanks to the application of European standards in industrial production in Ukraine and receiving relevant certificates, as well as thanks to the mutually beneficial access of the parities to the public procurement markets, development of cooperation between Ukrainian and European SME and expansion of cooperation in the aerospace sector,” Mykolska said.
