Representatives of Ectar United Trading Company (Saudi Arabia) have visited Novokramatorsky Mashinostroitelny Zavod (NKMZ, Donetsk region), a leading heavy engineering enterprise in Ukraine, with the purpose of establishing technical and technology partnership in the sphere of foundry engineering.
NKMZ said in a press release that the representatives of Ectar United Trading visited metallurgical and machine workshops, studied automated forging complexes and processing units in engineering shops.
“The guests also paid attention to the reducing gear workshop, which is one of the best not only in the company, but also in Europe. In the end, they were impressed by the condition of the shops that underwent ergonomic reconstruction, the culture of production and the quality of products. We hope for the continuation of contacts for the establishment of partnership,” the NKMZ said.
The press service of the plant also informs that NKMZ for the eighth time took part in the largest exhibition of Uzbekistan – the ninth International Industrial Forum UzbekistanIndustrial Forum 2018.
“NKMZ has been cooperating with Uzbekistan for nearly 60 years. Rotor complexes, walking excavators, mixer-converters for non-ferrous metals and a quarto mill have been delivered to Uzbekistan., NKMZ supplied 50 ore-grinding mills only to Navoi MMC in 1992-2008,” the press service said.
At the UzbekistanIndustrial 2018, Uzbek industrialists were interested in NKMZ’s ore-grinding equipment, as well as in the capabilities of tunneling combines.
Lozova Machinery (the brand of soil-cultivating agricultural machinery manufactured by the enterprises of UPEC industrial group, Kharkiv region) has signed a dealer contract with PMT d.o.o., a leading distribution company of Croatia, the Ukrainian company has said in a press release.
The contract was signed after Lozova Machinery’s debut participation in the Bjelovar Fair held from April 6 to April 8, 2018 in the Croatian city of Bjelovar.
“Within long-term cooperation, along with purchase of our equipment, this year PMT d.o.o. plans to conduct a number of demonstrations of the Dukat disc harrow directly in the field, so that farmers can be convinced of the energy efficiency, effectiveness and reliability of our equipment,” the press service said, citing Foreign Sales Director Eduard Chudopalov.
According to him, Lozova Machinery became the only Ukrainian company at the East European exhibition and aroused great interest of the agrarians of this country.
The company reminded that this year in support of green technologies during the Greentour the company plans to demonstrate its soil-cultivating equipment in 20 countries, taking part in more than 100 events – exhibitions, Days of Field and demo tours.
Public joint-stock company HeidelbergCement Ukraine (Dnipro), uniting Ukrainian cement plants of HeidelbergCement Group (Germany), plans to extend three credit lines for EUR 50 million until 2020. The company said that the shareholders in HeidelbergCement Ukraine at a general meeting on April 11 decided to permit the company to increase the credit line with ING Bank Ukraine to EUR 20 million and extend the contact on the credit line until July 1, 2020.
In addition, the shareholders approved the extension of two credit lines opened in 2015 until December 31, 2020 and signed with HeidelbergCement AG, EUR 15 each.
HeidelbergCement Ukraine was founded in 2002. It is engaged in production of cement and clinker. The main shareholder of the company with a share of 99.8308%, according to the National Securities and Stock Market Commission, is CBR Portland B.V., part of HeidelbergCement Group.
According to the annual report of HeidelbergCement Ukraine, at the beginning of this year its loan liabilities amounted to UAH 1.746 billion, in particular liabilities to ING Bank were represented by three loans with the term from a week to a month for a total of UAH 176.9 million.
Among other banks-creditors were UkrSibbank (UAH 161.5 million) and SEB Corporate Bank – UAH 200.4 million with similar financing terms, and the main liabilities were for a three-month loan from HeidelbergCement AG for UAH 1.2 billion, issued at 6.75% per annum.
The index of business expectations of enterprises in Ukraine for the next 12 months has reached the highest level since the second quarter of 2011 – 120.6%, according to a survey of the National Bank of Ukraine (NBU) on business expectations, which was conducted in the first quarter of 2018. “The revival of business activity is expected by companies of all types of economic activity… High pace of growth of economic activity remains in place, mainly due to improved forecasts for growth in total sales of products, as well as investment costs for machinery, equipment and stock,” reads a report posted on the NBU’s website.
According to the NBU, the business increased an assessment of the financial and economic situation of its enterprises for the seventh consecutive quarter. A total of 88% of respondents assess their position as “satisfactory” or “good.” At the same time, the NBU notes that the optimism of businesses regarding their own situation supports the expectations for an increase in the volume of production as a whole in Ukraine. “This was stated by every third enterprise out of those polled. Yet every second believes that the country’s output will remain at the current level. Representatives of companies in the processing industry, trade and agriculture are the most optimistic,” the survey notes.
There has also been an increase in the number of companies that are optimistic about changing their financial situation during the coming quarters. The survey was conducted from February 5 to March 6, 2018. A total of 670 enterprises from 22 regions of the participated in the survey. They represent the economy by main types of activity, forms of ownership, and the number of employees.
The major pipe enterprises of Ukraine in January-March 2018 increased production of pipes by 10.7% compared to the same period last year, to 268,800 tonnes, including in March they manufactured 99,000 tonnes. The Economic Development and Trade Ministry of Ukraine told Interfax-Ukraine that enterprises, which are not members of the Ukrtruboprom association, cut production by 9.4% year-over-year, to 72,600 tonnes, including 28,100 tonnes made in March.
Mariupol Illich Steel Works, which is not a member of the association, increased pipe production by 8%, to 35,100 tonnes (15,100 tonnes in March), while Kominmet decreased it by 21%, to 37,600 tonnes (13,000 tonnes).
The Ukrtruboprom association told Interfax-Ukraine its enterprises in January-March 2018 increased pipe production by 21%, to 196,200 tonnes, in March making 70,900 tonnes.
Pipe production at Interpipe Nyzhniodniprovsky Pipe Rolling Plant in the period rose by 28.6% compared to January-March 2017, to 72,400 tonnes (25,900 tonnes in March), Interpipe Novomoskovsk Pipe Plant increased output by 33.9%, to 24,500 tonnes (9,000 tonnes in March), while Interpipe Niko Tube raised production by 22.9%, to 88,600 tonnes (32,600 tonnes in March).
Dnipropetrovsk Pipe decreased pipe production by 21.2%, to 5,200 tonnes, making 1,500 tonnes in March. Production at Centravis grew by 9.1%, being 4,800 tonnes of stainless pipes (1,700 tonnes in March).
Pipe production at Trubostal remained unchanged, being 700 tonnes (200 tonnes in March).
Luhansk Pipe Rolling Plant, created on the basis of Luhansk Pipe Plant, and Khartsyzsk Pipe Plant (Donetsk region), located in the government uncontrolled zone, remained idle in January-March 2018.
One troy ounce=31.10 grams
