KYIV. Nov 16 (Interfax-Ukraine) – K.Fund of businessman Vasyl Khmelnytsky in partnership with the French programming school “School 42” has opened the UNIT Factory programming school, which is one of the key elements of an innovation technological park, while investment could range from $100 million to $400 million in ten years.
“UNIT Factory will train about 300 students. We plan to increase their number to 3,000 within three years,” Khmelnytsky said, when opening the school.
According to him, training will be free if graduates work in Ukraine for three years.
As reported, K.Fund and ΒlackBox Capital plan to create the Technology Companies’ Development Center (TCDC) in Kyiv, which will be engaged in support of small and medium hi-tech projects.
The Technology Companies’ Development Center will be located in the territory of former Kyiv Motorcycle Plant, which in 2012 was acquired by Capital Index Group LLC controlled by Khmelnytsky.
Currently, construction work is being carried out on the site. It will be finished in December 2016.
KYIV. Nov 15 (Interfax-Ukraine) – PJSC Ukrnaftoburinnia and Cypriot-based Glenshee Holdings Ltd. could buy 99.567% in PJSC Odesa port-side chemical plant, reads a report in the bulletin of the National Commission on Securities and the Stock Market.
Both companies intend to participate in a privatization tender scheduled for December 14, 2016.
As reported, the initial price of this stake is UAH 5.16 billion, the bid increment is UAH 150 million. Potential buyers can apply to the State Property Fund with the initiative to sign confidentiality agreements until November 29, 2016. Tender documentation and final draft contracts are accepted until December 6.
Earlier MP Vitaliy Khomutynnyk said he on an equal footing with Ihor Kolomoisky owns Deripon Commercial Ltd. (Cyprus), which in late 2015 held a 44.989% stake in PJSC Ukrnaftoburinnia.
KYIV. Nov 15 (Interfax-Ukraine) – State enterprise Kulindorivsky bakery of the State Reserve Agency has shipped the first batch of flour to the United States.
According to a press release from the agency, this is the first batch of flour supplied from Ukraine to the U.S. market in the past five years.
“In fact, the state-owned enterprise managed to supply goods to the highly competitive market transparently and without intermediaries. This is a very extraordinary event,” agency chairman Vadym Mosiychuk said.
According to him, to get into this market the company had to undergo a lot of expertise and obtain appropriate permits confirming the quality of its produce. Bakery specialists have repeatedly sent product samples for testing and hold negotiations.
“On November 11 the first container with flour left for the United States. Due to the fact that today the price/quality ratio of the combine’s products is suitable for the external market, we can hope for the stability of such supplies in future,” bakery CEO Volodymyr Berezniak said.
According to the information disclosure system of the National Commission on Securities and the Stock Market, other large shareholders in Ukrnaftoburinnia at the end of 2015 were British-based Ares Systems Ltd. and Ariana Business Limited, registered at the same address in London, with the equal stakes of 22.4996%, and JKX Ukraine B.V. (the Netherlands) with 10%.
The owners of Ares Systems and Ariana Business in British registers are Viola Blue Ltd. and Provost Promotion Inc., trapped in the Panama Papers, respectively.
State-owned Odesa port-side chemical plant produces chemical goods. It is engaged in transshipment of ammonia on board ships.
The company in 2015 posted a net profit of UAH 211 million against a net loss of UAH 270 million a year earlier, its net income increased by 2.1 times, to UAH 11.195 billion.
KYIV. Nov 15 (Interfax-Ukraine) – Ukraine’s State Property Fund (SPF) has announced a tender to sell public joint-stock company Kherson combined heat and power plant. The auction will be held on December 22, 2016, according to an announcement in the Vidomosti Pryvatyzatsii newspaper.
The starting price is UAH 155 million. The bid increment is UAH 1.55 million.
Bids can be submitted before December 14, 2016.
The buyer is obliged to pay tax debts during one year and install a new boiler consuming solid fuel with the circulating fluidized bed technology.
Earlier the SPF head said investors showed no interest to the plant.
KYIV. Nov 15 (Interfax-Ukraine) – The process of placing a new cover (New Safe Confinement, NSC) over Chornobyl nuclear power plant’s (NPP) fourth power unit began on Monday, the European Bank for Reconstruction and Development (EBRD) press service reported.
The process of installing an arc, which will cover radioactive waste, which has amassed after the Chornobyl NPP disaster in 1986, has begun, the statement said.
The Chornobyl NPP’s NSC is the largest moveable land-based structure ever built with a length of 165 meters, a height of 110 meters, and a weight of more than 36,200 tonnes. At this point, this structure is being moved into the operational position over Chornobyl NPP’s fourth power unit, which had been destroyed in the disaster 30 years ago.
The NSC is being placed by means of a special system, which comprises 224 hydraulic jacks and enables to move the arc by 60 centimeters per one cycle. It is planned that the entire process will take up to four days with the overall time of non-stop movement of roughly 33 hours.
The arc has been built in the clean zone near the Chornobyl NPP’s fourth power unit and is to be moved 327 meters to the operational position over this power unit. The NSC installment will make the Chornobyl NPP ground safe and will allow removing the current outdating cover, as well as the operations involving radioactive waste inside this structure.
As reported, Novarka Company, which had built the NSC, is a consortium of French construction companies Bouygues and Vinci. The construction began in 2012 after large-scale preparation at the site. Due to its large dimensions, the NSC had to be built in two parts, which had been lifted and successfully connected with each other in 2015. A crane has been placed inside the NSC arc to dismantle the current old sarcophagus and the remnants of the fourth power unit. The NSC has a design service life of 100 years and cost EUR1.5 billion.
