Business news from Ukraine

Business news from Ukraine

EBRD TO PROVIDE EUR 5.6 MLN FOR BUILDING SOLAR POWER PLANT

The European Bank for Reconstruction and Development (EBRD) under the Ukraine Sustainable Energy Lending Facility (USELF) will provide a loan of EUR 5.6 million to Ekotechnik Shyroke LLC to build a solar power plant in Dnipropetrovsk region with the installed capacity of 7 MW, the press service of the EBRD has reported.
The ten-year loan is provided. According to the EBRD, the owners of Ekotechnik Shyroke LLC are Ekotechnik Group (the Czech Republic) and Tryba Energy (France). According to the unified public register, the beneficiaries of the company are Aleš Korostenský (the co-owner of Ekotechnik Group) and Ukrainians Yuriy Zasiadvovk and Bohdan Yevtushenko.

, ,

UKRAINE AMONG THREE BIGGEST EXPORTERS OF WHEAT FLOUR TO GEORGIA

Wheat flour imports increased 8.1% to 6,800 tonnes, including 4,600 tonnes from Russia (67.6% of the total), 815.6 tonnes from Belarus, 775.6 tonnes from Ukraine, 400 tonnes from Azerbaijan and smaller amounts from Lithuania, Italy, France and Austria. The wheat imports totaled $53.3 million in value terms, up 11.7%, and the flour imports totaled $1.8 million, down 10%.
Georgia imported 271,900 tonnes of wheat in January-June 2018, 10.6% more than in the same period last year, the National Statistics Service told Interfax. The bulk of the wheat imports – 245,100 tonnes – came from Russia. The remaining 26,800 tones came from Kazakhstan (22,600 tonnes) and Turkey (3,100), with smaller amounts imported from Ukraine, Azerbaijan and Germany.

, ,

CONSTRUCTION WORK IN UKRAINE GROWS BY 2.2% IN JUNE

The volume of construction work in Ukraine in June 2018 increased by 2.2% compared to June 2017, while the increase in May 2018 from May 2017 was 2.7%. According to the authority, the volume of construction work in June 2018 grew by 12.3% compared with the previous month, while in May 2018 it grew by 20.5% compared with April 2018.
According to the report, in June 2018 year-over-year, the decrease in the volume of construction was observed in nonresidential construction and grew in building of engineering facilities. A fall in residential construction was 23%, while the figure in construction of nonresidential buildings fell by 5%. The increase of 17.9% was recorded in construction of engineering facilities.
In June 2018, the volume of construction of residential buildings declined by 20.4% compared with May 2018, and it grew by 5.5% in construction of nonresidential buildings and by 32.8% in construction of engineering facilities.
In January-June 2018, construction work fell in 14 regions, in particular in Luhansk region by 53.5%, to UAH 135.9 million, Sumy region by 22.2%, to UAH 417.9 million and Kirovohrad region by 21%, to UAH 457 million. The largest growth in the volume of construction works in January-June 2018 was seen in Ivano-Frankivsk region by 41.5%, to UAH 1.26 billion and Odesa region by 33.8%, to UAH 5.7 billion. In Kyiv city the volume of construction work fell by 5.6% year-over-year, to UAH 11.2 billion.