Business news from Ukraine

Business news from Ukraine

“Ukrenergo” announces competition for position of Chairman of Board

The Supervisory Board of NPC Ukrenergo has announced a competition for the position of the company’s Chairman of the Board, the company said.

“Korn Ferry, one of the best global consulting companies in the search for top managers and leadership development, will accompany the competition,” the company said in a statement on Telegram on Wednesday.

According to the terms of the competition, applications are accepted until March 14, 2025.

To participate, applicants must provide a package of documents in Ukrainian and English, which must include a resume, two written letters of recommendation, a motivation letter, and consent to the processing of personal data.

According to the terms of the competition, in order to meet the shareholder’s expectations, the chairman of the board must have the following priorities and strategic goals for the period of war: to ensure the protection of critical elements of the power system and the rapid restoration of damaged power facilities; support the development of distributed generation; create a reserve of critical equipment and ensure its safe storage; restore financial stability and the trust of international financial partners, as well as increase the network capacity by

In addition, he should create the preconditions for the post-war development of the company by achieving a number of goals, including: developing a long-term corporate strategy for Ukrenergo, taking into account the expectations of shareholders; managing the restoration and modernization of the energy infrastructure, including in-depth digitalization of the grid and support for market-based decarbonization of the power system. The Chairman of the Board, in particular, should ensure: energy sustainability and strengthen the security of the grid, in particular through modern technical solutions, development of IT systems and organizational capacity of the NPC; organize effective work with stakeholders to improve the regulatory framework and energy diplomacy with ENTSO-E partner countries.

The Chairman of the Board should also ensure financial stability by optimizing costs and increasing business efficiency, enhancing access to capital markets and expanding cooperation with international financial organizations.

U.S. halts acceptance of parcels from China and Hong Kong

The U.S. Postal Service is suspending the acceptance of parcels from China and Hong Kong until further notice, U.S. media reported.
A statement on the USPS website said it would not affect letters and regular mail from China and Hong Kong.
The reason for this decision is not specified.
However, media outlets emphasize that this comes after US President Donald Trump revoked the “de minimis” rule for China, which allowed small parcels worth less than $800 to enter the US duty-free.
The rule was repealed as part of the introduction of a 10% duty on goods from China and Hong Kong.
As the media noted, the new rule could affect e-commerce sites such as Shein and Temu.

 

Granite quarry and crushed stone plant for sale

InVenture reports on the sale of Raikivskyi granite quarry1 and crushed stone plant. The portal writes that the business operates stably and permanently, is equipped with high-quality machinery and equipment, and the well-coordinated work of the team ensures quality and uninterrupted operation. The company used the facility for its own construction needs.

Location: Zhytomyr region, Berdychiv district, the village of Rayky.

Raiky crushed stone plant is located 40 minutes from the regional center, Zhytomyr. It has a convenient infrastructure, making it easy to transport materials. A railway station is located nearby, which significantly expands the routes and volumes of raw materials supply. There are also access roads – an asphalt and a gravel road.

Raikivskyi Granite Quarry LLC extracts granite at the Raikivske deposit (site No. 2) on the basis of a special subsoil use permit No. 5856 (valid until 2033, not suspended).

The neighboring site “Quarry No. 1” Raikivske field was previously developed by the State Enterprise of the State Criminal Executive Service of Ukraine (SECSU) No. 73 (special permit No. 4074 has been terminated).

About the facility:

The total area of the facility is 4.5280 hectares, and the approved reserve of raw materials for extraction is more than 10 million tons, with approximately 10 million tons of unconfirmed reserves.

The company has a license for official mining and processing of rock mass.

Its main products are crushed stone, rubble stone, and crushed stone and sand mixture.

The quarry has its own fleet of vehicles used for the extraction and transportation of raw materials. There are such special vehicles as MAN, MAZ, KAMAZ, DAF, SCHMITZ.

There are special rooms for changing personnel, a room for electrical equipment and a control panel, and a security room.

The entire territory of the facility is guarded and video surveillance is carried out throughout the quarry.

The plant has all the equipment necessary for the extraction of raw materials, crushing them into fractions, transportation and weighing, such as

  • truck scales
  • crushers C420, MAG2400, C110, CH440;
  • conveyors
  • hydraulic hammers
  • Volvo excavators;
  • bulldozers
  • loaders;
  • etc.

Staff: 30 employees

Products offered by the quarry

1. Crushed stone

  • Small crushed stone. The minimum fraction is 5 mm and the maximum is 10 mm. The material is used in road construction and
  • road repairs. It can also be used to prepare concrete mixtures. Crushed stone in fractions of 5-10 mm, 5-20 mm, 10-20 mm, 20-40 mm, 40-70 mm.
  • Medium fraction. Fraction size up to 20 mm. Such crushed stone is used for various works and is considered the most popular category of material. Crushed stone of this type can be found in such areas as the construction of roads, highways, houses, etc.
  • Large crushed stone. The unit size is more than 20 mm. The material is used in the production of certain types of reinforced concrete or for decorative road finishing.

2. Rubble stone

  • Creation of landscape design of flower beds.
  • Finishing of sidewalks.
  • Production of decorative fences.
  • Facade decoration of buildings.
  • Production of decorative elements.
  • Construction of bridges, walls, industrial facilities.

3. SBS (crushed stone and sand mixture)

Fractions: 0.05-20 mm, 0.05-40 mm (C-7), 0.05-70 mm (C-5).

  • construction of any type of road;
  • surface preparation for pavement installation;
  • construction of platforms;
  • surface preparation for installation of railroad tracks;
  • preparation of pavement for airfields and other runways;
  • preparation of various mixtures for construction.

An offer for an investor:

  • Subject of sale: corporate rights of a legal entity
  • Reason for sale: business diversification
  • Sale price: $3,000,000

 

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Insurer VUSO has carried out first insurance cases under new standards of compulsory motor TPL insurance

The insurance company VUSO (IC “VUSO” Kiev) has carried out the first insurance cases under the new law on compulsory insurance of motor liability of owners of land vehicles, which came into force on January 1, 2025.

One of the first settled cases occurred already on January 13, 2025. As a result of a traffic accident caused by the fault of another driver, the VUSO client’s car received mechanical damage. At the time of the accident, the victim had a “new” VUSO car insurance policy. Within the framework of the updated legislation, the repair compensation was paid directly to the account of the service station chosen by the client. The term of settlement amounted to 7 days.

IC VUSO was founded in 2001. The company holds 50 licenses: 34 – for voluntary and 16 – for compulsory types of insurance, is represented in all regions of Ukraine. It is a member of the Motor (Transport) Insurance Bureau of Ukraine (MTSBU), the League of Insurance Organizations of Ukraine and a member of the Nuclear Insurance Pool.

 

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Consular services for Ukrainians abroad and number of other services will appear in “Dia”

Consular services for Ukrainians abroad and a number of other new services will appear in “Diya”, said Deputy Prime Minister for Innovation, Development of Education, Science and Technology – Minister of Digital Transformation of Ukraine Mikhail Fedorov.

“The application and portal “Diya” turns five years old. During this time, more than 40 services and 130 services have appeared there. Here are the plans of “Dia” for the future….. “eConsul”. In “Diya” Ukrainians abroad will be able to order a passport or ID-card, driver’s license, taxpayer card and pick up at the place of stay,” – wrote Fedorov in his Telegram channel on Wednesday.

In addition, he said, the digitalization of death-related services will take place with the help of Diya. At the first stage in the application it will be possible to obtain a death certificate, state registration of death, as well as transfer data to registries, to issue assistance for burial.

Fedorov announced a service to change the surname in “Diya” with a comprehensive reissuance of documents. There will be introduced “eNotary” – an electronic system that will integrate all notarial processes.

New services for drivers will be created. “Dia” will expand the possibilities of re-registration of vehicles (TS), will add the possibility to change the technical passport, to register TS after customs clearance, the note says.

Deputy Prime Minister announced the appearance in “Diya” AI-assistant, to which Ukrainians will turn if there are problems in interaction with the state. For partners who want to integrate services of “Dia”, AI-chatbot “Natalka” is already working, reminded Fedorov.

 

 

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“ElectronMash” modernized 10 trolleybuses for Lviv with autonomous range of 15 km

The ElectronMash plant, part of the Electron concern (Lviv), has modernized 10 previously produced trolleybuses for Lviv by equipping them with autonomous power systems that allow them to travel 15 km on autonomous power, the concern reported on its Facebook page.

According to the press service, the trolleybuses were re-equipped as part of the project “Modernization of Public Trolleybus Transport in Lviv”, which is funded by loans from the European Bank for Reconstruction and Development (EBRD). The project cost is EUR900 thousand, or EUR90 thousand per unit.

“Taking into account the first test model, there are currently 11 cars running in the city,” the press service clarifies.

At the same time, refuting some accusations that the modernization is too expensive and the autonomous range of the trolleybuses is too short, the press service of the concern compares the price of 1 km of a newly built trolleybus line in the city – EUR859.6 thousand, which is almost the price of all 10 modernized trolleybuses.

As for the 15 km of autonomous range, the report clarifies that this is the minimum specified by the customer for an annual mileage of 60 thousand km at full load and with climate control on and is designed for a battery life of at least 10 years.

“Even the first test model had an autonomous mileage of more than the optimal 20 km for the city, and the 10 converted trolleybuses have newer and more powerful batteries and modern monitoring and control systems,” the statement said.

In addition, the press service notes, the economic effect of using trolleybuses with high-voltage batteries is 6.6 times higher than their cost.

According to the concern, with a sufficient number of such autonomous rolling stock, even with the existing contact network, trolleybus service can cover more than 70% of Lviv’s territory, and other settlements of the Lviv community will also be within the accessibility zone of such trolleybus routes.

“Therefore, we believe that the decision of Lvivelectrotrans is balanced and economically justified,” the concern’s press service summarizes.

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