KYIV. March 15 (Interfax-Ukraine) – Yuzhny seaport (Odesa region), the largest port of Ukraine in terms of transshipment, intends in 2016 to reach EBITDA in the amount of UAH 1.195 billion, as well as to receive UAH 2.295 billion of income and, accordingly, UAH 854.4 million of net profit.
Such data are contained in an explanatory note to the financial plan of the enterprise, the text of which has been posted Infrastructure Ministry of Ukraine’s website..
The note says the calculation of the fiscal plan foresees the hryvnia to USD exchange rate of UAH 24.1 per $1.
Among the planned investment projects are the construction of a 110/10kV Yuzhny port substation (UAH 112 million), production and storm water treatment facilities (UAH 122.3 million), a specialized complex for bulk cargo (UAH 36 million). There are also plans to modernize and reconstruct gantry cranes (UAH 27.2 million), a coal-mining complex (UAH 13.4 million), engineering networks and facilities (UAH 12.3 million), railroad facilities (UAH 10 million), power supply networks and electrical equipment (UAH 50.5 million). The plan also provides for the purchase of lifting equipment (UAH 293.8 million).
KYIV. March 15 (Interfax-Ukraine) – The Ukrainian State Centre of Radio Frequencies on the order of the Council of Europe has developed the methodology, titled “Metrology. Determining the network coverage area of DVBT-2 standard digital terrestrial TV broadcasting.” The announcement was made in a press release issued by Ukraine’s National Council of Television and Radio Broadcasting.
The methodology study establishes procedures for determining the coverage of the population by DVBT-2 standard digital television services.
The method has been posted to the website of the National Council.
As reported earlier, the only provider of digital terrestrial television network in DVBT-2 standard is Zeonbud LLC. The study will help determine the level of coverage of Zeonbud LLC’s signal in Ukraine.
KYIV. March 15 (Interfax-Ukraine) – The State Property Fund of Ukraine (SPF) plans this week to sell shares of 31 companies at a discount of 50-60% on the stock exchange, as well as shares of three more companies at an auction with a price decrease (a Dutch auction).
The SPF’s website announces plans to sell shares in 22 companies at a 50% discount, including 6.367% of the PJSC Stebnyk mining and chemical enterprise Polimineral, 25% of PJSC Chernihiv factory of radio sets, 0.326% in PJSC Komsomolsk Mining Department, 21.524% of PJSC Chernivtsi Radio Technical plant, 37.578% of PJSC Lviv Coal Company and 100% of PJSC Aviation special purpose entity Meridian.
The shares of nine companies will be sold at a 60% discount on the stock exchange, including 23% of PJSC Industrial Glass Company, 89.507% of PJSC Bila Tserkva Rubber Factory, and 99.989% of PJSC Prylyv Plant.
A 25% stake in PJSC Chornomorsky Shipbuilding Yard will also be auctioned off.
MP from the Batkivschyna faction Serhiy Vlasenko criticized the SPF’s intention to sell shares of the companies at a discount.
“In my opinion, it is a crime,” he said at a meeting of the conciliatory council of the parliament.
KYIV. March 14 (Interfax-Ukraine) – The Prometey group of companies (Mykolaiv region) has reported a 3.9 fold revenue increase in 2015, to UAH 3.6 billion, compared to a year ago. The company said in a press release that revenue from grain exports reached $52.5 million. Prometey in 2015 sold 567,000 tonnes of grain crops and oilseeds, including 323,000 tonnes of exports and 244,000 tonnes sold on the domestic market.
Elevator business revenues of the group more than doubled in 2015 and exceeding UAH 25 million.
“In its development strategy Prometey focuses on the qualitative approach in refitting and modernizing the old elevator complexes. The company’s quantitative approach provides for the expansion of the elevator chain via acquisition of facilities where the group is already working with partners,” company spokesmen said.
Prometey in 2015 began accepting grain at three elevators, increasing its number of suppliers during 2014 from four to seven.
Transport services revenue in 2015 exceeded UAH 45.3 million, a 2.7-fold increase from 2014.
Revenue from the industrial business division increased 2.8-fold from 2014. The company plants wheat, sunflower seeds, safflower and barley.
The company said it would increase grain exports oilseed sales on the domestic market in 2016, while continuing to modernize its elevators.
KYIV. March 14 (Interfax-Ukraine) – Ukraine in January and February 2016 exported electricity worth $29.49 million, including worth $15.425 million in February.
According to the State Fiscal Service, Hungary in January this year received electricity worth $26.224 million, Poland – $3.083 million, Moldova – $180,000, and other countries – $3,000.
Ukraine imported electricity worth $542,000 from Russia and electricity worth $8,000 from Belarus.
In 2015, Ukraine exported electricity worth $150.057 million, including electricity worth $144.907 million to Hungary, $2.722 million to Poland, $1.173 million to Moldova and $1.255 million to other countries.
KYIV. March 14 (Interfax-Ukraine) – Poland’s Huta Stali Czestochowa owned by Industrial Union of Donbas (ISD, Donetsk) via subsidiary ISD Polska since October 2015 has mothballed its electric furnace steelmaking workshop and has been producing hot-rolled plates made of slab bought from external parties.
Board Chairman of Huta Stali Czestochowa and former Deputy Industrial Policy Minister of Ukraine Anatoliy Fediayev said last week that the electric furnace steelmaking workshop could be launched at any months if there is a need.
He said that the workshop was halted due to high prices of scrap metal.
Fediayev said that today Huta Stali Czestochowa producers around 40,000 tonnes of hot-rolled plates, sometimes the figure reaches 60,000-70,000 tonnes, while in 2007-2008 the plant produced up to 80,000 tonnes.
As for another ISD’s plant – Hungary’s Dunaferr, he said that the plant produces rolled steel sheets and the plant has enough orders.
As reported, ISD signed a sale and purchase agreement on Huta Stali Czestochowa early June 2005. Its projected annual capacity is around 1 million tonnes. Its key consumers were Polish shipyards.
ISD, founded in 1995, is an integrated holding company that holds shares in metal and mining companies. It incorporates Alchevsk Steel Works, Dzerzhynsky Dniprovsky Steel Works, Dunaferr and ISD-Huta Czestochowa.
