KYIV. March 25 (Interfax-Ukraine) – Kyiv city authorities have assessed the cost of building the Podilsko-Vyhurivska subway line at UAH 31.5 billion.
This is outlined in the action plan for 2016-2018 on the implementation of Kyiv city development strategy until 2025 approved by Kyiv City Administration order No. 100 dated February 26, 2016.
According to the document, building of the line would help improving traffic coming from Troyeschyna, Lisny, Voskresenka and Raiduzhny areas and Rusanivsky Sady area which development is planned in the future.
According to the plan, UAH 635 million will be spent on construction of the line in 2016, 540 million in 2017, UAH 2.692 billion in 2018, using budget funds, own funds of Kyiv Metropoliten and other sources of financing.
The first phase of the Podilsko-Vyhurivska subway line will have six stations: Hlybochytska (interchange station with Lukianivska), Podilska (interchange station with Tarasa Shevchenko), Sudnobudivna (on the Rybalsky Island), Trukhaniv Ostriv, Zatoka Desenka and Raiduzhna. The line will next be extended to the Troyeschyna area along Mayakovsky Avenue and from Lukianivka via the main railway station of Kyiv to the Kyiv airport in Zhuliany.
Kyiv Metropoliten in February 2016 announced a tender to buy design works (the feasibility study) on building the fourth subway line.
KYIV. March 25 (Interfax-Ukraine) – Ukrainian steel companies in 2016 could increase steel smelting by 15% compared to 2015, to 26.5 million tonnes if the ongoing production pace is kept.
“We see growth by some 15% in the first two months of the year and 22 days of March. If the trend retains, we will produce 26.5 million tonnes of steel this year,” Head of Ukraine’s Federation of Metallurgists Serhiy Bilenky said at a roundtable held in the profile parliamentary committee on Tuesday.
Representatives of metal companies said that a shortage of scrap metal could entail the decrease in steel smelting. They urged the government, particularly, the Economic Development and Trade Ministry, to use a statesmanlike approach to the provision of Ukrainian metal producers with scrap metal and not to stimulate its exports.
The Metallurgprom association (Dnipropetrovsk) told Interfax-Ukraine that a stable trend of boosting steel production has been seen in the past months.
“Daily production in January was more than in December. In February it was more than in January and in March smelting increased more,” Metallurgprom said.
KYIV. March 25 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers has created an organization committee to prepare and hold a meeting of the International Monetary Fund (IMF) and World Bank group member countries headed by the Netherlands in Kyiv on June 3 through June 5, 2016.
The decision is outlined in cabinet resolution No. 195-r of March 10, 2016.
According to the document, the organization committee includes the governor of the National Bank of Ukraine (NBU) – head of the committee (under her consent), finance minister – deputy head of the organization committee, economic development and trade minister, deputy foreign minister, deputy culture minister and deputy interior minister.
The committee will also include deputy head of the State Guard department (under his/her consent), deputy infrastructure minister, deputy justice minister, deputy head of the State Border Service, deputy head of the Kyiv City Administration, deputy head of the department of state affairs (under his/her consent), first deputy head of the state committee for television and radio broadcasting, deputy director general of Boryspil International Airport (under his/her consent) and deputy director general of Kyiv International Airport (Zhuliany, under his/her consent) and a representative of the cabinet’s secretariat.
KYIV. March 24 (Interfax-Ukraine) – United Mining and Chemical Company, managing Vilnohirsk mining and metallurgical combine (Dnipropetrovsk region) and Irshansk mining and processing complex (IGOK, Zhytomyr region), in 2015 posted a net profit of UAH 631.8 million.
According to the Ministry of Economic Development and Trade’s presentation on the results of work of the largest state-owned enterprises of Ukraine for 2014-2015, the company’s revenue was UAH 1.829 billion in 2015.
Comparable data for 2014 are not provided.
The press service of the company told Interfax-Ukraine that the company’s pretax profit in 2015 amounted to UAH 773 million.
As reported earlier, the company in January-September 2015 saw a pretax profit of UAH 414.5 million, its net profit amounted to UAH 238 million, income stood at UAH 1.167 billion.
United Mining and Chemical Company sells its products in more than 30 countries. The main markets of the company are the EU, China, Turkey, the United States, and Africa.
KYIV. March 24 (Interfax-Ukraine) – Kyiv plans to upgrade transport infrastructure in 2016-2018, spending about UAH 25.6 billion on this purpose.
Upgrades are contained in the action plan for 2016-2018 on implementing the strategy of Kyiv’s development until 2025, which is stipulated in order No. 100 of Kyiv City State Administration, dated February 26, 2016, and published in the Khreschatyk newspaper on March 23.
As part of the document, the modernization of transport infrastructure in Kyiv belongs to the strategic objectives of improving the comfort of living and provides 13 points mentioned in the indicative financial realization plan.
Some UAH 3.867 billion has been allocated for the construction of the Podilsko-Vyhurivska subway line until 2019, UAH 1.308 billion for the purchase of subway carriages, UAH 4.177 billion for the capital construction and modernization of the Kyiv metro, UAH 6.323 billion for the construction and reconstruction of the street and road network, and UAH 1.37 billion for the modernization of street lighting systems.
In addition, the development of parking space will require UAH 1.024 billion, the development of Kyiv International Airport some UAH 263.1 million, city computerization some UAH 732.3 million, the construction of transport interchange nodes with terminals some UAH 605.4 million, building trolleybus lines UAH 216.8 million, the reconstruction and construction of tram lines UAH 2.653 billion, purchase of tram cars, trolleybuses, buses, electric buses and special vehicles UAH 3.075 billion.
KYIV. March 24 (Interfax-Ukraine) – A system of decentralized electronic auctions will be soon launched in Ukraine, the founder of the Innovation and Development Foundation, Georgian MP Giorgi Vashadze has stated.
“This system will be launched in a month or a month and a half. Integration with specific state structures is starting and the software is ready,” Vashadze told Interfax-Ukraine before the presentation of the system of decentralized online auctions in public areas at the municipal and central levels in Kyiv.
According to the official, the purpose of the project of electronic auctions is to minimize the possibility of subjective factors in the government structures, make the auctions as transparent as possible and exclude the possibility of manipulation.
“Electronic auctions we offer today are based on the Blockchain technology. In fact, Ukraine will become the first country in the world where this technology will be used in e-governance,” he said.
According to Vashadze, when using this technology, the state or another entity won’t have monopoly rights to the database, while the possibility of data manipulation will be minimized.
“The Blockchain technology actually changes the function of the state,” Vashadze stressed.
