KYIV. Dec 5 (Interfax-Ukraine) – Public joint-stock company State Food-Grain Corporation of Ukraine can start planting crops to increase its profits.
“Our goal is to earn. We see that the land bank gives us this chance of earning more,” acting Board Chairman Oleksandr Hryhorovych said at a press conference in Kyiv on Thursday.
He said that now only one elevator in the corporation’s ownership has a land bank. This enterprise posts the best results in profits at the corporation.
Now the corporation leases around 6,000 ha of land.
“We have only initiated the idea. We are waiting for feedbacks,” he said.
KYIV. Dec 5 (Interfax-Ukraine) – Meest-Express Trading House LLC (Lviv) postal and logistics operator plans by 2019 to increase its share in the market of postal and logistics services to 20%, Meest Group President Rostyslav Kysil has said.
“Our goal in the Ukrainian market is to reach 20% by 2019. We do not indulge in illusions, knowing quite well that each company will compete for a market share. However, we have such plans, they are realistic,” he told reporters.
Kysil added to implement this strategy the company has raised a $10 million loan from the European Bank for Reconstruction and Development (EBRD) for six years. The company also intends by the middle of 2018 to consider raising another $10 million from the EBRD.
“Now we’ve got a $10 million loan. However, in talks with the EBRD we meant a loan in the amount of $20 million. Obviously, we have to perform the first stage of our program, which is foreseen by the middle of 2018, and then we will be ready to consider getting the second part of the credit. I think we’ll be interested in this,” he stressed.
KYIV. Dec 5 (Interfax-Ukraine) – TM.P. S.P.A. – Termomeccanica Pompe (Italy) has won a tender of National Nuclear Generating Company Energoatom to supply give pumps for Yuzhnoukrainsk nuclear power plant (NPP) for UAH 175 million (VAT included), according to information in the ProZorro e-procurement system.
The expected cost of the equipment in the tender announced in June was UAH 327.275 million (VAT included). Technopolis LLC was permitted to participate in the tender. The company presented a pump producer from China.
Director of the corruption prevention center at Energoatom Oleh Polyschuk said that the tender was delayed by those who wanted to earn on it. Many complaints to Ukraine’s Antimonopoly Committee and law enforcement agencies were submitted.
Energoatom is the operator of all four Ukrainian-based operating nuclear power plants, which have 15 VVER reactors with an overall generating capacity of 13.835 gigawatts.
KYIV. Dec 5 (Interfax-Ukraine) – A delegation of Qatari businessmen will visit Ukraine in the near future, the press service of the Cabinet of Ministers has said.
Prime Minister of Ukraine Volodymyr Groysman on December 2 met with advisor of the Emir of Qatar for culture Hamad Bin Abdulaziz Al-Kuwari and discussed practical measures to deepen cooperation between Ukraine and Qatar in various fields.
“Ukraine expects a delegation of Qatar business representatives to visit the country in the near future. In particular, during their visit the parties will discuss the expansion of opportunities for investment,” the report reads.
The premier noted bilateral trade turnover between Ukraine and Qatar does not match the capabilities of the two countries and there is a significant potential to increase it.
“During the meeting the sides also discussed the exchange of visits by the prime ministers of the two countries aimed at enhancing interaction between Ukraine and Qatar in trade, economic and financial spheres,” the press service of the government said.
KYIV. Dec 5 (Interfax-Ukraine) – The European Bank for Reconstruction and Development (EBRD) intends to start cooperation with Ukrainian state-run postal enterprise (Ukrposhta) to improve the corporate management at the enterprise and would consider investment in the company in the future.
The EBRD has been working with Ukrposhta under the EBRD program to support the state enterprise sector reform, EBRD Director for Ukraine Sevki Acuner said. He said that the bank would work on the plan to improve Ukrposhta’s corporate management. If the bank sees a need in investment later, the EBRD is ready to work in this direction, he said.
He added that the EBRD is holding a dialog about investment with other Ukrainian postal and logistics operators.
The bank is ready to finance any company meeting the conditions of the bank’s financing, Acuner said.
As reported, corporatization of Ukrposhta was started in July 2016. Its completion is scheduled for the end of the first quarter of 2017.
POLTAVA REGION. Dec 5 (Interfax-Ukraine) – PJSC Ukrzaliznytsia intends in 2017 to purchase 9,000 new freight wagons, Prime Minister of Ukraine Volodymyr Groysman has said.
“We are approving a serious program of Ukrzaliznytsia modernization. Next year we will purchase 9,000 new cars, I mean cargo wagons, plus there will be passenger carriages,” he told reporters during a visit to Kriukov Car Building Works (Poltava region).
Groysman added that due to the increased investment in production the enterprises will be able to get orders.
As reported, Ukrzaliznytsia plans in the next five years to finance the modernization and purchase of rolling stock for more than UAH 108 billion.
