KYIV. Sept 21 (Interfax-Ukraine) – Kyivsky cardboard paper mill (Obukhiv, Kyiv region), a leader in Ukraine’s pulp and paper industry in terms of production and sales, produced goods worth UAH 2.751 billion in January through August 2016, which is 14.4% up year-over-year.
According to the UkrPapir association, the mill saw a rise in production of corrugated cardboard packaging and production of base paper in kind in the first eight months of 2016. Cardboard production decreased by 7.3%, to 125,800 tonnes.
Cardboard production fell due to the decline in production of commodity cardboard (including corrugating paper) by 8%, to 76,000 tonnes and a fall in production of box cardboard by 5.9%, to 49,800 tonnes.
Corrugated cardboard output grew by 6%, to 134.56 million square meters. The mill remains the leader in production of corrugated cardboard.
Production of base paper (for sanitary products) rose by 7.1%, totaling 49,400 tonnes. Production of toilet paper, where the mill is a strong leader among other producers, grew by 12.4%, to 287.17 million rolls.
Cardboard packaging production in Ukraine grew by 7.5% in January through August 2016, to 520.58 million square meters, while paper and cardboard output almost did not change, being 529,750 tonnes.
Kyivsky cardboard paper mill is one of the largest cardboard and paper producers in Europe. It employs almost 2,200 people. It sells produce to almost 700 companies in Ukraine, some CIS member states and the rest of the world.
It mainly produces goods from wastepaper. Its capacity for processing wastepaper exceeds 850 tonnes a day.
In 2015, the mill saw a 54% rise in production from 2014, to UAH 3.857 billion.
KYIV. Sept 21 (Interfax-Ukraine) – Arterium Corporation (Kyiv) has acquired Marifarm pharmaceutical company (Maribor, Slovenia) from Slovenian bank Nova KBM (NKBM), The Slovenia Times edition has reported.
The bank has not disclosed the amount of the transaction. According to unofficial information from Maribor’s local edition Vecer, it is estimated at EUR6.8 million.
Arterium and Marifarm intend to jointly explore new possibilities of development of pharmaceutical markets, exchange and apply experience and “know-how,” especially in the development and manufacture of pharmaceuticals.
Arterium Corporation was created in March 2005 on a parity basis by two pharmaceutical companies – Ukraine’s largest manufacturer of antibiotics JSC Kyivmedpreparat and Galychpharm (Lviv), the leader in production of plant-based drugs.
One of the key owners of the corporation is Finance and Credit Group (Kyiv) controlled by businessman Kostiantyn Zhevaho.
KHARKIV. Sept 21 (Interfax-Ukraine) – The United States Agency for International Development (USAID) will provide assistance in setting up and organizing the work of the Kharkiv regional center of administrative services, Acting Head of Kharkiv Regional State Administration Yulia Svetlychna has said.
“We expect organizational, consulting, methodological, as well as financial assistance for the organization of this process from our international partners. USAID has expressed the desire to help us with office equipment (computers and software). As for USAID assistance, we plan to raise about $400,000 to organize this administrative center,” she said at a press conference in Kharkiv.
She clarified the project does not foresee money allocation from the regional budget.
She said the center will provide about 400 administrative and social services.
The center is to open in April 2017.
KYIV. Sept 20 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers has endorsed the signing of an agreement with the government of China on handing over 50 ambulance vehicles to Ukraine’s Health Ministry.
A respective decision was taken by the government at its meeting on Wednesday, an Interfax-Ukraine correspondent reported.
“The Economic Development and Trade Minister has been authorized to sign [the agreement],” First Deputy Prime Minister and Economic Development and Trade Minister Stepan Kubiv announced at the meeting.
Under the agreement, Ukraine will be able to receive 50 specially equipped ambulance vehicles worth $3.7 million from China, he said.
KYIV. Sept 20 (Interfax-Ukraine) – The Cabinet of Ministers has distributed UAH 223.6 million for state targeted programs and state orders in the space sector.
According to resolution No. 598 of September 8, the government approved the order of using funds in 2016 provided in the national budget for the implementation of the National Targeted Scientific and Technical Space Program of Ukraine for 2013-2017 and the distribution of state budget funds for state programs in the space field.
In particular, the government allocated UAH 8.4 million for transfer of Earth observation space technologies into the real economy sector GEO-Ukraine, UAH 121.7 million for obtaining data from the space Earth observation system and the Sich geophysical monitoring, UAH 15.4 million for space activities in the interests of national security and defense (activities are carried out under the state defense order), UAH 32.25 million for studying Ionosat solar-terrestrial and seismic ionospheric ties, and UAH 17.34 million to ensure independent access to the space.
KYIV. Sept 20 (Interfax-Ukraine) – The Cabinet of Ministers has approved the strategy of modernization and development of the Pension Fund of Ukraine until 2020, which provides for the introduction by the end of 2016 of the possibility of servicing citizens in any office of the fund regardless of the place of residence.
“This strategic document foresees strategic directions in the development and modernization of the Pension Fund until 2020,” First Deputy Minister of Social Policy Olha Krentovska said.
Pension Fund Head Oleksiy Zarudny noted the strategy foresees the introduction in 2016 of the possibility of servicing citizens in any office of the fund regardless of the place of residence, while providing services to citizens will be provided at the community level.
It is planned to introduce electronic pension service and create a unified electronic database of pension cases.
