KYIV. Feb 2 (Interfax-Ukraine) – Agrotrade agroindustrial group will send near $40 million for its spring sowing campaign in 2017.
“Around $40 million will be sent for the 2017 sowing campaign. All 17 enterprises of the group have all the required machinery, seeds, plant protection agents and other things,” the group’s press service reported on Wednesday.
Since 2006 Agrotrade has been cooperating with many financial structures. Its loan portfolio includes contracts with Credit Agricole Bank, Raiffeisen Bank Aval and other banks.
“2017 started favorably and early this year all limits to finance the sowing campaign were approved by the banks,” the group said.
As reported, Agrotrade invested around UAH 10 million in the launch of organic production on 2,000 ha in Chernihiv, Sumy and Kharkiv regions.
Since spring 2017 the company will start producing own organic crops – soybeans, peas and buckwheat. The crops will be sold to the EU and the United States.
Agrotrade is a vertically integrated holding, engaged in production, processing, storage and trade in agricultural products.
KYIV. Feb 2 (Interfax-Ukraine) – One of Turkish airlines is mulling the possibility of launching a subsidiary in Ukraine to organize domestic regional flights, Ukrainian Infrastructure Minister Volodymyr Omelyan said at a meeting with members of the European Business Association (EBA) in Kyiv on Tuesday.
“Now we are working with a Turkish airline that wants to open its subsidiary for regional transportation in Ukraine,” he said, not disclosing its name.
The minister also said that this year one of the popular European airlines will start flying to Ukraine this year.
“It is for sure to Lviv, maybe to Boryspil or Zhyliany,” he said.
Earlier the Infrastructure Ministry confirmed holding talks on flights to Ukraine by Kyiv and Lviv airports with one of the largest low cost airlines Ryanair.
In addition, Omelyan announced February talks with a carrier that in theory could bring five or seven planes to Ukraine to launch regular domestic flights.
At present four Turkish airlines fly to Ukraine: Turkish Airlines, Onur Air, Pegasus Airlines and Atlasglobal. The latter created Atlasjet Ukraine in 2013 that considered servicing domestic flights, but not it services only flights abroad.
KYIV. Feb 2 (Interfax-Ukraine) – Ukraine’s State Property Fund (SPF) has again announced a tender to sell the 99.833% stake in the public joint-stock company Kherson combined heat and power plant (CHPP) with a starting price of UAH 155 million.
The action will be held at 11:00 on March 16. Bids can be submitted until the evening of February 28, 2017, the SPF reported on Wednesday.
As reported, the first tender to sell Kherson CHPP was announced on November 14, 2016. It was scheduled for December 22. However, the SPF received no bids in the tender. The starting price of the shares was UAH 155 million.
In October of 2016, SPF Head Ihor Bilous said investors were not interested in Kherson and Odesa CHPPs
The installed electric capacity of the Kherson CHPP is 80 MW, heat capacity is 734.7 Gcal/hr.
KYIV. Feb 2 (Interfax-Ukraine) – Ukraine increased crude steel production by 9% year-on-year to 2.103 million tonnes in January 2017, according to recent data.
Ukrmetallurgprom association of metal companies of Ukraine (Dnipro) told Interfax-Ukraine that roll output in January grew 10% to 1.855 million tonnes whilst pig iron production remained at the January 2016 level at 1.914 million tonnes.
Pipe output increased 42% in January to 77,000 tonnes. Coke production fell 7% to 1.008 million tonnes.
Crude steel production was 2.014 million tonnes in December 2016, roll production was 1.943 million tonnes, and 44,000 tonnes of pipe and 1 million tonnes of coke wee produced.
Ukraine’s crude steel output grew 6% in 2016 to 24.2 million tonnes, pig iron – 8% to 23.6 million tonnes, roll – 6% to 21.4 million tonnes, coke – 10% to 12.725 million tonnes. Pipe production fell 1% to 847,000 tonnes.
KYIV. Feb 1 (Interfax-Ukraine) – Head and co-owner of Soyuz-Avto LLC, a large carrier in Kyiv, Yuriy Nesteruk intends to be an investor in the bus manufacturing project on the basis of Bila Tserkva Cargo Aviation Complex (Kyiv region).
According to a posting on the website of Kyiv Regional Administration, the creation of the production facilities was discussed at a meeting devoted to the development of the municipal enterprise and attraction of investment.
“We must attract investment to realize the enterprise’s potential to develop it and return both intellectual potential and workforce to our town. The municipal enterprise has a favorable logistic location and provides for development of transport infrastructure,” the press service of the administration reported, citing Chief of the executive committee of the town council Maksym Svyrsky.
He said that the enterprise has a potential for the implementation of the bus production project, as last year four trolleybuses were overhauled at its facilities.
Director of Bila Tserkva Cargo Aviation Complex Serhiy Kandaurov, today the enterprise has a serious base for developing not only the airfield, but also industrial segment.
“We are providing a restricted number of services, but we want to increase them [60% of the enterprise’s profit is from aviation activities, energy and water supply, and the rest 40% from leasing out premises],” he said.
On the territory of the enterprise there are many idle industrial sites.
“The town authorities initiated the creation of bus production facilities on the basis of our municipal enterprise, which would help to create new jobs, upgrade public transport fleet and improve the quality of transportation of residents of Bila Tserkva,” Kandaurov said.
Nesteruk said that the buses will meet European standards and technical requirements. Imported metal for bus body will be used.
Soyuz-Avto LLC is a large carrier in Kyiv. The company restores Bogdan buses at own facilities.
KYIV. Feb 1 (Interfax-Ukraine) – Malt plants made 288,000 tonnes of malt in 2016 with the total production capacity of around 510,000 tonnes, Director General of private joint-stock company Ukrpyvo Halyna Korenkova has said.
“The capacity of our malt plants is around 510,000 tonnes. We made 288,000 tonnes of malt last year,” she told reporters in Kyiv on Monday.
She said that some 148 varieties of malt were registered in the public register of varieties of plants, including 65 brewer’s varieties.
“Total barley harvest in Ukraine is around 7.5 million tonnes every year, including 2 million tonnes of brewer’s barley, while we need 800,000 tonnes of barley for 500,000 tonnes of malt,” she said.
She said that the European Union (EU) is not interested in supplies of barley from Ukraine. The duty free quota is around 350,000 tonnes.
“We export around 4.8 million tonnes [of barley a year]. Our barley, including brewer’s barley, is mainly bought by Africa and Asia,” Korenkova said.
As reported, referring to the Agricultural Policy and Food Ministry, Ukraine harvested 9.4 million tonnes of barley in 2016.
