Business news from Ukraine

GEFCO UKRAINE SIGNS THREE-YEAR CONTRACT FOR LOGISTICS SERVICES WITH KONICA MINOLTA UKRAINE

KYIV. Feb 22 (Interfax-Ukraine) – The Ukrainian representative office of GEFCO Group, one of the leaders in the field of international logistics, has signed a contract with a subsidiary of Konica Minolta in Ukraine for providing logistics services for a three-year period.

According to GEFCO, partnership relations between the two companies began in 2016 with a pilot project on warehouse logistics.

“A dialogue between the companies began with the issue of providing storage facilities in Kyiv. Later it turned out that the solution of this problem was considered by the management of Konica Minolta Ukraine as part of the strategy of transforming its supply in the market. The detailed analysis revealed those parts of the supply chain, the improvement of which would enable the company to enhance efficiency in future,” GEFCO Ukraine CEO Oksana Yakovleva said.

GEFCO Group has more than 300 sites in 150 countries with a staff of 12,000 employees. In 2015 the group’s turnover was EUR4.2 billion.

Konica Minolta Ukraine is a subsidiary and an official representative of Konica Minolta Inc., Tokyo, Japan. The company specializes in business consulting, implementation and management of workflow systems.

 

UKRAINE MUST CREATE ‘DIGITAL CORRIDORS’ TO MOVE GOODS ON EUROPE-ASIA ROUTE – MINISTER

KYIV. Feb 22 (Interfax-Ukraine) – The top priority for Ukraine is the provision for reliable and safe movement of goods on the Europe-Asia route via the creation of digital corridors.

The press service of Ukraine’s Infrastructure Ministry has reported that Ukrainian Infrastructure Minister Volodymyr Omelyan gave this information at the 79th session of the Inland Transport Committee (ITC) of the United Nations Economic Commission for Europe (UNECE).

“The ‘digital corridor’ implies the use of modern information systems providing for continuous monitoring of cargo flows, the tool for electronic cooperation of foreign economic operators with transport and shipping companies and public oversight agencies and the organization of exchange of data in the volumes required for business processes of the system participants,” he said.

The minister said that Ukraine has joined the EU e-Infrastructure project. The country must toughen legislation in the area of digital technologies and create institutional preconditions for digital development for this project.

Creation of digital transport corridors is to allow tracking cargo online without any territorial, technical or legal restrictions and the organization of business processes on the basis of e-documents, he said.

“However, despite the fact that the creation of digital transport corridors is plans for the near future, today we are taking measures to relax the trade rules,” the minister said.

UKRAINE INTERESTED IN COOPERATION WITH QATAR IN DEVELOPING PORT INFRASTRUCTURE

KYIV. Feb 22 (Interfax-Ukraine) – Ukraine is interested in cooperation with Qatar in developing port infrastructure.

The press service of Ukraine’s Infrastructure Ministry has reported that that this was discussed at a meeting of Infrastructure Minister of Ukraine Volodymyr Omelyan and Minister of Transport and Communications of Qatar Jassim Bin Saif Al-Sulaiti held on February 21, 2017 in Geneva as part of the 79th session of the Inland Transport Committee (ITC) of the United Nations Economic Commission for Europe (UNECE).

Omelyan said that Ukraine is interested in launching direct flights to Qatar and develop port infrastructure in Ukraine. The parties arranged a visit of the head of the Civil Aviation Authority of Qatar to Ukraine in March 2017. The visit aims at establishing cooperation between the agencies of the two countries.

Al-Sulaiti informed Omelyan about construction of a new container port in Qatar. Its capacities would reach 6 million TEU by 2020. The parties arranged that representatives of port industry of Qatar would visit Ukraine with the purpose of establishing cooperation.

Al-Sulaiti also invited Omelyan to visit Qatar.

NKMZ SHIPS GEARS FOR MODERNIZATION OF BELARUSIAN STEEL WORKS’ BAR ROLLING MILL

KYIV. Feb 22 (Interfax-Ukraine) – Public joint-stock company Novokramatorsky Mashinostroitelny Zavod (NKMZ, Donetsk region), a leading heavy engineering enterprise in Ukraine, has shipped eight reinforced gears for modernization of a bar rolling mill 320 of Belarusian Steel Works (Zhlobin, Belarus).

The enterprise’s press service reported on Tuesday that the equipment will replace gears made by Voest Alpine (Austria).

The first gear has been installed, and the rest of seven gears will be installed at the start of this summer.

NKMZ designs, manufactures and installs equipment for metallurgical work, press and forging, ore processing and mining, coal mining, lifting and conveying, milling and crushing, oil and gas production, highway engineering, nuclear power generating and tool-making. The enterprise also manufactures consumer goods.

GERMANY PROVIDING EUR 4.5 MLN MORE FOR IDPS IN UKRAINE

KYIV. Feb 22 (Interfax-Ukraine) – The German government has decided to provide financial assistance under the humanitarian aid programs of Germany’s Red Cross (DRK) for internally displaced persons (IDPs) in Ukraine until the middle of 2019 with the additional amount of EUR 4.5 million. DRK, in turn, would provide own contribution in the amount of EUR 285,000.

The German Embassy in Ukraine reported on Tuesday that the target group of this humanitarian aid is IDPs severely suffered from the conflict and living in Kharkiv region, mainly aged people, people with disabilities, single mothers and fathers and families with many children (up to 5,000 people). They receive aid in the form of food and pharmaceutical vouchers.

The embassy said that DRK and Ukrainian Red Cross agree their steps with other target groups of humanitarian aid in Kharkiv region coordinated by the UN and International Committee of Red Cross (ICRC).