KYIV. April 14 (Interfax-Ukraine) – Leading audit companies Еrnst & Young and Deloitte in partnership with the European Bank for Reconstruction and Development (EBRD) will help to improve the financial and operational state of municipal enterprises Kyiv Metropoliten and Kyivpastrans.
An Interfax-Ukraine correspondent has reported that the memorandum was signed in Kyiv City Administration on Wednesday.
Earlier EBRD Senior Banker Mark Mageletsky said that the project is financed by the EBRD as part of technical assistance for development of transport infrastructure in Kyiv city. The funding totals EUR 400,000 – EUR 200,000 for each enterprise.
Audit companies within one year to conduct a financial, law and operation analysis of the companies, offer concrete steps to improve their state and accompany these processes.
KYIV. April 14 (Interfax-Ukraine) – The State Agency of Ukraine for Managing Exclusion Zone seeks to restructure state-run specialized enterprise Chornobyl Nuclear Power Plant (NPP) and separating four core types of operation, Agency Head Vitaliy Petruk has said.
He said that starting from 2018 spent nuclear fuel, radioactive waste, new safe confinement and servicing are to be separated.
This would allow more efficiently using the existing infrastructure of the Exclusion Zone and cutting gas consumption thanks to sustainable energy.
Petruk said that development of solar energy is an interesting project. The zone has power lines and non-farmland.
Head of Chornobyl Institute of Research and Development Vitaliy Demyaniuk said that attitude to the Exclusion Zone should be changed. Chornobyl should be associated with research and science, engineering achievements, sustainable energy and natural preserve.
KYIV. April 13 (Interfax-Ukraine) – The Allseeds Group seeks to expand the capacity of its elevator by 50%, to 120,000 tonnes, investing $7.5 million in it before October 2016.
The company said in a press release that the elements of the elevator will be shipped by the traditional partner of Allseeds – Jiangsu Muyang Group. A contract worth $1.5 million has been signed with the Chinese company.
“The expansion of the company’s elevators and warehouses jointly with building an additional transportation line will cost $7.5 million. This would help to considerably increase the speed of crop acceptance, cut time for processing trucks and railway cars,” Allseeds Director General Volodymyr Slabovsky said.
Allseeds Group in July 2015 launched a first line of the oil crushing plant at Yuzhny port in Odesa region with a capacity of 2,400 tonnes of oilseeds a day. Allseeds by 2021 will expand the capacity of its plant at Yuzhny port to 10,000 tonnes of oilseeds per day through the construction of second and third production lines at the plant.
KYIV. April 13 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers has expanded a list of borrowers who have the right to receive an agro-industrial credit rate compensated, allowing individuals to receive compensations.
According to cabinet resolution No. 267 of April 6, the amendments are made to the procedure for using funds from the national budget to support measures in the agro-industrial via cheapening credits.
Additionally, the compensation in 2015 was provided if the sum of credit rates and the bank fee linked to the credit did not exceed 30% per annum, in 2016 it will provided if the sum of credit rates does not exceed NBU refinancing rate multiplied by 3 percentage points at the moment of the signing of the agreement. This would allow not amending the procedure in the future due to fluctuations of NBU rates.
The resolution is in effect in 2016.
KYIV. April 13 (Interfax-Ukraine) – Milk Alliance was first among dairy companies in Ukraine that fulfilled the order of a Bulgarian partner for the supply of dairy products.
“The order is of a test nature in order to study the demand and taste preferences of consumers. The products will be available in special stores focused on the population from the CIS countries. The first store, which will sell the products under the brands of the Milk Alliance group is located in the city of Varna,” chairman of the company supervisory council Serhiy Vovchenko told Interfax-Ukraine.
According to him, the customer is Ukrainian Trade House Nadiya (Bulgaria).
The first export batch to Bulgaria includes hard cheese under the Pyriatyn and Slaviya brands, drinking milk under the Yahotynske trademark, drinking milk for children “Yahotynske for Children,” and Zlatokrai butter.
KYIV. April 13 (Interfax-Ukraine) – Arterium Corporation (Kyiv) has launched a production line for infusion solutions at the facilities of PJSC Galychpharm (Lviv).
The corporation told Interfax-Ukraine that this is the first infusion line opened by the corporation.
Galychpharm received a license to produce infusions in December 2015, while in March 2016 it produced the first batch of solutions.
Earlier infusions under the Arterium brand were manufactured on a contract basis.
“With the new line for production of infusion solutions Arterium will strengthen its market position in the hospital segment, the segment of antibacterial drugs, and plans to occupy a significant market share in the infusion medicines market in Ukraine,” the corporation said.
As reported, the shareholders of PJSC Galychpharm at a general meeting on February 23, 2016 decided to place 7.093 million shares worth UAH 63.833 million.
