Business news from Ukraine

Business news from Ukraine

ZORYA-MASHPROEKT SUPPLIES MARINE POWER EQUIPMENT TO INDIA

KYIV. Nov 19 (Interfax-Ukraine) – Zorya-Mashproekt (Mykolaiv) has supplied marine power equipment to the Indian Navy.

The press service of the enterprise reported that it finished shipping equipment for the main gas turbine unit of a ship under a contract signed in March 2015.

“A batch of gearboxes has been shipped for the customer. Earlier, a batch of engines was delivered under this contract,” the press service said.

Zorya-Mashproekt traditionally participates in the newest projects of Indian Navy. India is one of its key partners in supplying marine power plants.

At present, Zorya-Mashproekt is making products for new ships being built in a Mumbai shipyard. The sides are working on the joint design of advanced control systems.

Zorya-Mashproekt is a world famous designer and manufacturer of gas turbine equipment, and a monopolist in the CIS market on the development and production of gas turbines for warships.

BOGDAN CORPORATION BRINGS NEW CHINESE ZOTYE CAR BRAND TO MARKET

KYIV. Nov 19 (Interfax-Ukraine) – Bogdan-Autotrade LLC distributor of JAC (China) and Saipa (Iran) automotive brands, part of Bogdan Corporation, will bring another low-cost Chinese car brand to the market – the Zotye.

According to the press secretary of Bogdan Corporation, Serhiy Krasulia, the product range, sale plans, prices for cars and other details of the new distribution will be announced during an official presentation on November 19.

Zoyte cars are new to Ukraine but are present on the Russian and Belarusian markets. Two models of the brand at made at a plant in Tatarstan – a C Class Z300 sedan and a midsize T600 SUV.

Chinese Zotye automaker, founded in 2003, produces a wide range of passenger cars and crossovers, as well as electric cars.

Bogdan Corporation was established in February 2005 with the aim of implementing large-scale automotive projects.

At present, the company has two modern vehicle production plants – one in Cherkasy with a capacity of 120,000-150,000 cars and one in Lutsk with a capacity of 6,000 buses and trolleybuses.

 

MERCY CORPS HAS PROVIDED 200 GRANTS TO SMALL BUSINESS IN LUHANSK REGION – ADMINISTRATION HEAD

KYIV. Nov 19 (Interfax-Ukraine) – Luhansk regional military civilian administration head Heorhiy Tuka has said that Mercy Corps international organization has provided 200 grants to develop small business in the region.

“Positive: Mercy Corps international organization reports on first success in provision of international grants to develop small business in Luhansk region. A person received a grant to develop a center to grow ornamental plants in Starobilsk district, a practitioner in Novopskovsk organized provision of the ultrasound scan service, a souvenir workshop in Bilokurakine, cattle breeding in Hannivka. In general, the organization has provided 200 grants!” Tuka wrote on his Facebook page on Wednesday.

He also said that jointly with MP Natalia Veselova he continues working on drawing up amendments to the law and procedure for refunding for the apartments lost during hostilities in the east. Tuka said that over 500 houses have been destroyed in Luhansk region.

He said that restoration works in Svatove at social facilities and private houses are underway.

KHERSON STATE PLANT PALLADA TO BUILD NEW FLOATING DOCK FOR VESSEL REPAIRS

KYIV. Nov 18 (Interfax-Ukraine) – Kherson State Plant Pallada, part of Ukroboronprom state concern, has built a floating dock at the request of a South African company, the press service of the state concern has said.

According to the report, the order that the Kherson plant received will become one of the largest orders at the enterprise.

The company told Interfax-Ukraine that under the contract worth $10 million, the plant will provide a new composite floating dock with a lifting capacity of 8,500 tonnes for civil fleet repairs, including vessels for shelf development.

As part of the order, the plant will build a new dock.

“Today the African region operates six docks produced by Kherson State Plant, including two in the Republic of South Africa, and all they had a certain period of operation before supply,” he said.

Kherson State Plant Pallada is the world’s only shipyard specializing in building composite floating docks of the next generation for servicing civilian and military fleet ships. The warranty period of the equipment made is 50 years.

Among the customers of the company are Japan, South Korea, Finland, Bulgaria, Turkey, Algeria, Croatia, France, and South Africa.

Kherson State Plant Pallada under the decision of the government of Ukraine has been part of Ukroboronprom state concern since April 2011.

UKRAINE, BULGARIA PLAN TO RESUME DIRECT TRAIN TRAVEL, WINDROSE TO LAUNCH FLIGHTS TO SOFIA

KYIV. Nov 18 (Interfax-Ukraine) – Ukraine and Bulgaria plans to resume direct train travel between Kyiv and Sofia.

The Infrastructure Ministry of Ukraine said that restoring trains between Kyiv and Sofia was discussed at a meeting of Ukrainian Infrastructure Minister Andriy Pyvovarsky and Bulgarian Minister of Transport, Information Technology and Communications Ivaylo Moskovski in Sofia on November 13.

Pyvovarsky informed his counterpart that today passengers go to Sofia via Budapest, as the through-passenger car of the Moscow-Sofia train was cancelled.

He expressed hope that active work by the railway administrations of Romania, Bulgaria and Moldova will restore the through-passenger cars of Ukrzaliznytsia on the Kyiv-Sofia route for 2016-2017.

Both ministers agreed to work on the issue at the level of railway administrations and ensure railway communications between Kyiv and Sofia in the near future.

Bulgaria reaffirmed its readiness to liberalize air transportation between the two countries and pointed out the plans of the Ukrainian airline Windrose to launch Kyiv-Sofia-Kyiv regular flights in December 2015, to run three times a week.

NOVA POSHTA LAUNCHES FREIGHT, MAIL DELIVERY TO OVER 200 COUNTRIES

Nova Poshta delivery company (Kyiv) launched freight and mail delivery to over 200 countries on November 17
Co-owner of the company Viacheslav Klimov said at a press conference in Kyiv on Tuesday that international delivery has already been launched to Georgia and Moldova.
He said that initially, the service will be available in Kyiv, by March 2016 it will be available in cities with a population of over one million, and by autumn – all over Ukraine.
Deliveries can be made within seven days or three days.
Clients will be able to fill in all the required applications online, before subsequently bringing the parcels to the delivery department or handing them over to the company’s couriers. Additionally, clients can track the delivery of the parcels.
Nova Poshta has created a separate company in its structure – Nova Poshta International. Tymur Kohan, a member of Nova Poshta’s supervisory board, is the director of the new company.
Kohan said that the company expects that the international delivery market will double in three or four years and the company plans to increase its share of the market to 20%.
Kohan said that there are plans to communicate with international companies, logistics operators, and online trade market players.
“We’ve built a chain of business partners from international companies, own transport and logistics chain and we plan to open two more hubs in Asia and the United States next year,” he said.
At present, the company has delivery hubs in the Czech Republic, Poland, Georgia and Moldova.
Kohan said that the delivery of documents weighing 500 grams to Europe will cost from $18, parcels of 22 kilograms – from $34.
He said that UPS, DPD, and DB Shenker are among the partners of the company.
Nova Poshta is private postal delivery company in Ukraine. Its network consists of more than 3,000 offices in more than 900 settlements in the country.