Nova Poshta (Kyiv), the leader of express delivery in Ukraine, in partnership with private co-investors is implementing a project on construction of a new logistic terminal of class A with gross area of 3,200 square meters in Chervonohrad (Lviv region).
“The Nova Poshta company gave us all terms of reference and requirements [to the facility], and we designed the facility and are building it. Then we will lease the premises to Nova Poshta. Decoration works inside the warehouse are being done. I think that in two or three months the facility will be launched,” the head and co-investor in the project Nazariy Bilobran told Interfax-Ukraine.
He said that the new warehouse of Nova Poshta will be located on two parcels of 0.8 ha (0.5 and 0.3 has) at 1 and 1B, Kopernik Street in Chervonohrad.
“The logistic terminal will be designed for reloading goods. There will also be a Nova Poshta branch, a client zone. This will be the third warehouse in Lviv region that will cover the northern part and probably part of Volyn region. Local business is carrying out all works to build the facility, taxes will be paid to the city budget,” Bilobran said.
According to Bilobran, this facility will become the second logistic terminal realized for Nova Poshta: in 2017 a similar project was constructed in Stryi (Lviv region).
Nova Poshta told Interfax-Ukraine that the company plans to build new terminals in partnership with developers.
“This year, Nova Posta is building a Khmelnytsky terminal, for which the EBRD has provided a loan. Other terminals will be built in partnership with developers, in particular, they have already begun to build in Lviv region and we are now in the process of negotiations with developers in Kharkiv,” the press service said.
Pharmacy sales in Ukraine in January-March 2018 in monetary terms increased by 43% compared to the same period in 2017, to UAH 22.886 billion. Business Credit told Interfax-Ukraine pharmacy sales in natural terms for the first quarter increased by 8%, to 411.515 million packs. According to the company, in particular, retail sales of medicines in monetary terms increased by 45%, to UAH 18.976 billion, in natural terms by 24%, to 287.662 million packs.
The average weighted price of goods in the pharmacy basket for the first quarter of 2018 was UAH 55.6 per package, medicines some UAH 66 per package. Pharmacy sales in March 2018 amounted to UAH 7.752 billion, which is 36% more than a year earlier, drug sales grew by 39%, to UAH 6.416 billion.
As reported, in 2017 pharmacy sales in money terms increased by 19% compared to 2016, to UAH 68.271 billion, in natural terms by 12%, to 1.513 billion packs. Retail sales of medicines for the year in monetary terms rose by 19%, to UAH 54.653 billion, in natural terms by 12%, to 942.777 million packs. The average weighted price of goods in the pharmacy basket in 2017 amounted to UAH 45.12 per package, medicines some UAH 58 per package.
T.B.Fruit, one of the largest processors of fruits and berries in Ukraine, plans to occupy at least 30% of the Ukrainian juice market, group founder Taras Barschovsky has said. “Our plan is to occupy at least 30% of the Ukrainian juice market. I have all the opportunities for this,” he said in an interview with the Business edition. Currently, according to Barschovsky, T.B.Fruit is represented in the market of concentrates and in the expensive segment of 100% juices. At the same time, the company plans to enter the market with cheaper products.
“Concerning concentrates, we occupy 23-25% of the European market and 8-11% of the world’s market. Regarding juices, in the Ukrainian market, Galicia is positioned in the expensive segment (100% natural juices), and this is 20% of the Ukrainian juice market. Our products account for 60-70%. We are now entering the market with a new product in the cheap category. This is the new trademark Svitanok, which is already on sale,” the founder of T.B.Fruit said.
T.B.Fruit Group owns eight juice concentrate plants in Ukraine, Moldova and Poland. T.B.Fruit produces freshly squeezed juice under the Galicia trademark in Ukraine.
Grain harvest in Ukraine in the 2018/19 agricultural year (July-June) could grow by 3% compared with the previous year, to 61.85 million tonnes, according to projections of the Ukrainian Grain Association (UGA). “In the 2017/18 agri-year exports of grain will be 40.6 million tonnes, and next agri-year we forecast growth of exports by 6%, to 43.3 million tonnes,” UGA President Mykolav Horbachev said.
In particular, wheat harvest in the 2018/19 agir-year could expand by 2.2%, to 27.1 million tonnes, that for corn – by 9%, to 27 million tonnes, and the barley harvest could narrow by 9.3%, to 7.8 million tonnes.
The association said that in the 2018/19 agri-year wheat exports could grow by 5.8%, to 18 million tonnes, corn – by 10.5%, to 21 million tonnes, and barley exports could fall by 6.5%, to 4.3 million tonnes.
As of April 24, 2018, Ukraine exported 15.4 million tonnes of wheat, 4.1 million tonnes of barley and 13.8 million tonnes of corn, according to the UGA.
The Ukrainian government has posted the conditions for tenders to select independent members of supervisory board of Ukrzaliznytsia and Ukrenergo on its website. The documents for participating in the tender can be submitted before May 14. The tender will start on May 21, and its results will be published on the government’s website before July 3, 2018.
Candidates for an independent member of the supervisory board of Ukrzaliznytsia should have at least 10 years’ period of service in senior positions in companies or in the civil service, in particular in such areas as railway transportation, finance, engineering, accounting and audit, management, business administration or jurisprudence, but not limited to them; have an impeccable business reputation; fluent in Ukrainian or English.
In addition, the applicant must not be (including during the previous five years) a founder, shareholder, head, member of the supervisory board, an employee or a representative of a person to which Ukraine applies personal, special economic or other restrictive measures (sanctions), and also do not have a significant business relationship with this person. Candidates must have one or several professional competencies in the following areas: strategic management, rail transport, operational efficiency, finance and audit, corporate governance, compliance and risk management, international relations.
The similar requirements are put forward to the candidates for the position of independent member of the Ukrenergo: no less than ten years of experience in senior positions in companies or in the civil service in the electricity sector, regulation of energy markets, finance, accounting, engineering, management, business administration or law.
Potential members of the supervisory board of Ukrenergo must meet the criteria of independence in accordance with the requirements of the legislation of Ukraine and the EU, pay to the position at least 30 working days a year, be fluent in Ukrainian or English, have a basic understanding of the laws regulating the scope of activities of Ukrenergo and the EU energy market, trends and prospects of the industry.
Key competencies of the candidates for the position of a member of Ukrenergo’s supervisory board are the following: strategic management; management of the power transmission system; competitive electricity market; operational efficiency; finance and audit; corporate governance; compliance and risk management.
The advantage will be the experience of working in supervisory boards, international companies and international markets, the experience of attracting investors and experience in managing transformational processes and complex projects of organizational change.
Ukrainian Prime Minister Volodymyr Groysman has said that the growth of the IT sector in Ukraine last year was 20%. He said that the similar growth is planned for this year. “In 2017, the IT industry brought $3.6 billion of export revenue to the country. The share of the IT sector of the country’s GDP is around 3.4%. As of early 2018, over 120,000 employees and engineers worked in the sector, and their number is permanently growing,” he wrote on Twitter on Tuesday. He also said that in May it is planned to hold a new ‘deregulation’ meeting of the Cabinet of Ministers: “We will continue annulling piles of unnecessary regulations and approve the required decisions, first of all, for the IT sector.”
