Business news from Ukraine

NEW FORD DEALER CENTER OPENED IN VINNYTSIA

KYIV. Nov 22 (Interfax-Ukraine) – A new Ford dealer center was opened in Vinnytsia by Avtovinn company, the official dealer of Ford in Ukraine, the press service of Winner Imports Ukraine has reported.

The dealer center in Vinnytsia has become the third Ford center in the country after dealers in Kyiv and Dnipro. It provides a full cycle of services to sell and service Ford cars.

It took 18 months to build the center with a gross area of 1,592 square meters. The showroom is 676 square meters, the servicing zone is 785 square meters with 10 lifting platforms (totally 14 platforms).

A total of 40 people are working in the center.

Winner Imports Ukraine has been operating since 1992. It is the official importer of Ford, Volvo, Jaguar, Land Rover and Porsche cars in Ukraine. The dealer chain includes 56 centers for five brands, including 27 Ford dealers.

CLEAN ENERGY GROUP LAUNCHES 7 MW SOLAR PLANT IN VINNYTSIA REGION

KYIV. Nov 21 (Interfax-Ukraine) – Clean Energy Group has launched the Balky solar power station of 7 MW in Vinnytsia region, the press service of the regional state administration has said.

According to the administration, in general Clean Energy is engaged in building seven solar power plants in the region.

The general contractor for building the Balky station is Podilsky Energoconsulting.

Clean Energy Group comprises a number of companies with Cypriot beneficiaries. The group is managed by Andriy Symonovych.

UKRAINE INTERESTED IN BUILDING LNG TERMINAL IN CROATIA – GROYSMAN

KYIV. Nov 21 (Interfax-Ukraine) – Ukraine is interested in the construction of an LNG terminal in Croatia, Prime Minister of Ukraine Volodymyr Groysman has said after a meeting with Croatian Prime Minister Andrej Plenkovic in Kyiv.

According to him, cooperation with Croatia in the energy sector is important for Ukraine.

“The fact that Croatia plans the construction of a new LNG terminal is fully in line with our priority, and we are ready to join the project with the partners, and we are interested to diversify gas supplies to Ukraine. We want this project to be successfully implemented,” Groysman said.

As reported, Croatia plans to build an LNG terminal on the Krka Island in the Adriatic Sea.

TURBOATOM TO SUPPLY SECOND CONDENSER FOR YUZHNOUKRAINSK NPP IN 2017

KYIV. Nov 21 (Interfax-Ukraine) – Public joint-stock company Turboatom (Kharkiv), the largest Ukrainian producer of turbine equipment, has signed a contract to modernize a condenser of the turbine of reactor one of Yuzhnoukrainsk nuclear power plant (NPP).

The company’s press service reported that this will be the second condenser the company will make for the NPP.

The cost of the contract is UAH 465 million. The production and shipping of the equipment is scheduled for March-December 2017.

The shipment of the first condenser for reactor two of Yuzhnoukrainsk NPP was finished in summer 2016.

Turboatom is the only Ukrainian producer of turbine equipment for hydro, thermal and nuclear power plants. The company supplies goods to 45 countries in Europe, Asia, America, and Africa.

KARPATYGAZ, UKRGAZVYDOBUVANNIA JOINTLY PRODUCE 54.7 MCM OF GAS IN OCT – MISEN

KYIV. Nov 21 (Interfax-Ukraine) – Joint operations of public joint-stock company Ukrgazvydobuvannia and Karpatygaz LLC resulted in production of 53.7 million cubic meters (mcm) of gas and 2,700 tonnes of gas condensate in October, according to a posting on the website of Misen Energy АВ (Sweden, the owner of the controlling stake in Karpatygaz).

In addition, 400 tonnes of oil and 900 tonnes of liquefied gas were produced by the joint venture.

In October the joint venture sold 44.5 mcm of gas, and 7.8 mcm was used for technological needs of the Khrestyschynska compressor station. The entire amount of gas condensate and oil produced in October was sent for refining.

As reported, joint operations of Ukrgazvydobuvannia and Karpatygaz in 2015 resulted in a loss of UAH 87.317 million.

ANTONOV AIRLINES TO OPEN NEW U.K.-BASED REPRESENTATION FROM 2017

KYIV. Nov 21 (Interfax-Ukraine) – Ukraine’s Antonov Airlines, a leading operator of An-124-100 transport aircraft, is opening a new representative office in the United Kingdom from January 1, 2017, Dreamlifts Ltd.

The new company will represent the Ukrainian airlines’ interests instead of Ruslan International (RI), which was formed in 2006 together with Russia’s Volga−Dnepr Airlines and which will cease operations on December 31, 2016, the press service of Antonov Airlines said.

Antonov Airlines is to introduce its team in the UK which will take the lead in the global sales and operations of this unique cargo aircraft. Dreamlifts Ltd (trading as Antonov Airlines) is managed by an international group of well-known experts from the outsize and heavyweight cargo industry, the press service said.

“With decades of experience between them, Antonov Company expects a seamless transition for its customers in the global supply chain and a continuation of its flexible and highly personal service,” the company said in an official statement.

“Antonov Airlines’ activities are supported by Antonov Company’s in-house design and development capabilities providing unrivalled expertise for the most challenging logistic projects. As the maintenance authority and life extension authority, we will continue to offer these proven and reliable airframes to the market for many years to come. We look forward to working with the experienced and exciting team in the UK, and can see a bright future going forward with our customers,” the press service quotes President of Antonov Company Oleksandr Kotsiuba as saying.

Antonov currently operates a fleet of seven An−124s including the AN−124−100M−150 with a payload of up to 150 tonnes. It also operates the unique capability An−225 Mriya with a 250 tonne payload and the world’s largest turboprop, the An−22 Antei.

Since 2006, Antonov Airlines jointly with Volga−Dnepr have implemented a contract under NATO’s Strategic Airlift Interim Solution (SALIS) program in the interests of the Alliance and the European Union. In December 2014, the contract was extended until the end of 2016.

Antonov Airlines hopes to continue cooperation under SALIS after it ceases cooperation with the Russian airlines.

As part of the new format of partnership with NATO, the Ukrainian company does not rule out that Leipzig will remain the base for the Ukrainian Ruslan planes.

As was reported, Ukraine in 2014 stopped shipments of military and dual-use commodities to Russia in connection with the annexation of Crimea and occupation of Donbas.

Ukraine’s government in May 2015 undid an intergovernmental agreement on military and technical cooperation with Russia, which had been in effect since 1993.