In Brussels, Ukraine’s Defense Minister Rustem Umerov and Bulgaria’s Defense Minister Todor Tagarev signed a memorandum expanding the scope of bilateral cooperation, including cyber defense, strategic communications, and military and technical support.
“The results of the meeting with my Bulgarian counterpart Todor Tagarev are significant. We have signed a Memorandum expanding the scope of bilateral cooperation, including cyber defense, strategic communications, and military and technical support. The document also lays the foundation for future defense cooperation and military cooperation,” Umerov wrote in X.
In addition, Bulgaria will help with English language courses for future Ukrainian F-16 pilots.
“I am grateful for the important support of Minister Tagarev and the entire Bulgarian people,” the minister added.
Dnipro Metallurgical Plant (DMZ, formerly Dniprokoks), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, produced 8.5 thousand tons of rolled steel in September this year, increasing production by 91.6% y-o-y and 97.4% y-o-y in September 2022.
According to information in the corporate newspaper DCH Steel on Thursday, coke production last month decreased by 19% compared to August 2023, but increased by 61.3% compared to September 2022, to 20.9 thousand tons.
It is specified that in September, rolling shop No. 1 produced SVP-33 mine support and R-34 mine rails, and rolling shop No. 2 produced mine support and structural shapes.
The coke and chemicals business increased output of blast furnace coke for steel mills, and produced coal coke and chemical products.
In total, in the first nine months of 2023, DMZ produced 82.6 thousand tons of rolled metal products (+82.4% compared to the same period in 2022) and 219 thousand tons of coke (+36.2%).
As a reminder, DMZ resumed rolled steel production after a three-month shutdown in April 2022. Last year, the plant reduced its rolled steel production by 74.2% to 58.4 thousand tons compared to 2021, and coke production by 56.3% to 211.3 thousand tons.
DMZ specializes in the production of steel, pig iron, rolled products and products made from them. On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.
The Ministry of Economy invites you to participate in the international forum “Industrial Visa Waiver (ASAA) in the System of Economic Recovery and Development of Ukraine”.
The forum is organized at the initiative of the Department of Technical Regulation within the framework of the international cooperation project ReACT4UA, with funding from the German government and with the support of the German federal company Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the public union “Foundation for Support of Reforms in Ukraine”.
Date of the event: October 13, 2023.
Registration: 9:00 – 10:00 Kyiv time.
Registration is required. Online registration is available here.
Start: 10:00 a.m. Kyiv time.
Format: online/free of charge.
Simultaneous translation (English/Ukrainian) will be provided.
The main objective: to consider the Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA Agreement, or the so-called “industrial visa-free regime”) as a factor in overcoming technical barriers to trade, increasing the competitiveness of small and medium-sized enterprises and restoring Ukraine’s economy in general during the war and post-war period.
Key objectives: to hear business priorities and outline ways to create a unified European business environment where each participant will be able to establish communications to find partners.
Two sessions:
Session 1: “Ukraine’s quality infrastructure in the European coordinate system: economic recovery and development”;
II session: “Dialogue with Ukrainian and EU businesses on practical aspects of internationalization of enterprises.
Participation in the Forum is a great opportunity for businesses to get guidance on the movement of industrial goods, search for reliable partners in areas where countries have accumulated significant human and production potential.
Representatives of the following are invited to participate in the Forum:
state-owned enterprises, institutions, organizations operating in the field of technical regulation, standardization, metrology and metrological activities
manufacturers and businesses interested in the production and export of industrial products of Ukraine
other interested parties.
The official media partner is Interfax-Ukraine.
Inflation in Ukraine will drop to 9% or lower in 2023 from 26.6% last year, Prime Minister Denys Shmyhal said at the opening of the Kyiv International Economic Forum on Thursday.
“We have inflation of about 8-9% for the year. I am convinced that it will not be higher,” the Prime Minister said.
According to him, after a 29.1% decline, GDP growth this year was “3%+”.
“The (budget) deficit still remains 20% of GDP, but we have found a way to compensate for it: while last year we received $32 billion in grants and soft loans, this year we expect to receive $42 billion without military support and other humanitarian contributions,” Shmyhal said.
As reported with reference to the State Statistics Service, inflation in Ukraine in September fell to 7.1% in annual terms from 8.6% in August and 11.3% in July. Since the beginning of this year, inflation in the country has been 3.0%, with core inflation at 4.1%.
At the end of July, the National Bank of Ukraine again improved its inflation forecast for this year from 14.8% to 10.6%, but last week announced plans to further revise it downward.
In 2022, inflation is expected to rise to 26.6% from 10% in 2021, and core inflation to 22.6% from 7.9%.
Agrotrade has completed sowing of winter wheat on 15.8 thou hectares in Sumy, Chernihiv, Kharkiv and Poltava regions, which is 4.5 times more than last year, the company’s press service reports.
According to the report, a quarter of the agroholding’s land bank is planted with winter wheat, which is due to the need to comply with crop rotation.
“This season, we completed winter crops sowing very quickly. We prepared for the work thoroughly – we planned the supply and application of fertilizers in advance and made sure that the required amount of seeds was available in our warehouses. So, apart from the war factor, there were no difficulties. We sowed early, and after the recent rains, we already have the first seedlings, which are in good condition,” said Oleksandr Ovsyanyk, Director of Agrotrade’s Agricultural Department.
As reported, the agroholding fulfilled the overall plan for harvesting winter wheat in the 2023 harvest by 110%.
The Agrotrade Group is a vertically integrated holding company with a full agro-industrial cycle (production, processing, storage and trade of agricultural products). It cultivates over 70 thousand hectares of land in Chernihiv, Sumy, Poltava and Kharkiv regions. Its main crops are sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators with a simultaneous storage capacity of 570 thousand tons.
The group also produces hybrid seeds of corn and sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20 thousand tons of seeds per year was built on the basis of Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand Agroseeds on the market.
Vsevolod Kozhemiako is the founder and CEO of Agrotrade.
PJSC Ukrnafta has designed and built platforms with removable base supports for well workovers on its own.
“The maximum load on the rotor table that the platform can withstand is 60 tons, which is enough to accommodate all the necessary equipment, even with a reserve,” the company said in a press release on Thursday.
The design allows for comfortable and safe working conditions for employees and reduces the cost of hoisting operations during repairs.
According to the company, the order for the Ukrnafta Drilling well workover and underground repair shop was made at the production base of Ukrnafta’s Oilfield Service Department (OPSD) in Dolyna, Ivano-Frankivsk region.
“The design took into account all the technical and technological requirements, as well as the specifics of use – both in well conditions and during transportation,” the company said.
The teams at the production base in Dolyna have been working on the project for several months.
Currently, two workover platforms have already been manufactured, and plans for this year include the manufacture of two more similar platforms for current well workovers.
