Amid the hostilities in the region, Kharkivoblenergo JSC is implementing the key tasks of its investment program in the form of new construction, technical re-equipment and reconstruction of power grids and equipment.
“Since the beginning of the year, about 25 km of modern overhead lines have been built, 1134 poles have been replaced, and 5 new power substations have been installed,” the company’s press service said on Wednesday.
In particular, overhead power lines are being replaced in several settlements of Kharkiv and Chuhuiv districts of the region, new modern power poles and transformer substations are being installed. The replacement of overhead lines involves laying insulated self-supporting wires instead of non-insulated ones, which reduces the number of emergency outages, reduces operating costs for repairs, maintenance and disaster relief, and eliminates the cost of tree trimming.
“The key goal of all these measures is to improve the quality of services to consumers and increase the level of reliability of electricity supply SAIDI (the index of the average duration of long interruptions in electricity supply) and SAIFI (the index of the average frequency of long interruptions in electricity supply),” Kharkivoblenergo said.
According to the distribution system operator (DSO), in Sheludkivka, Chuhuiv district, the reconstruction of 5.4 km of 0.4 kV and 10 kV OHLs was completed with the replacement of 238 poles and a new 160 kVA unloading substation was installed. In Sokolove village, 5.37 km of 0.4 kV and 10 kV overhead lines were reconstructed and 287 poles replaced.
In Kharkiv district, which has been under constant shelling by Russian subversive forces for the past month, 14 km of 04 kV and 10 kV OHLs were completed in Peresichne village, 609 poles were replaced, and two new 250 kVA substations were installed. According to experts, the economic effect of the modernization will amount to UAH 4.3 million per year.
“The current state of the grids and their capacity affect the quality and reliability of electricity supply to consumers. Therefore, effective measures include the replacement of overhead lines with modern ones, which involves, in particular, increasing the capacity of wires and arranging new complete and unloading substations,” Vyacheslav Kravtsov, acting CEO of Kharkivoblenergo, explained, as quoted by the press service.
According to him, the investment program primarily includes those projects for the reconstruction of overhead lines and substations with a service life of more than 40 years, and some facilities have reached 70 years.
DIM announces a change in the policy of assignments in a number of its projects, namely in the complexes: Lucky Land, OLEGIV Podil, Park Lake City, Metropolis and A136 Highlight Tower.
From now on, any actions with assignment agreements, which provide for the transfer of rights and obligations under real estate purchase and sale agreements from one buyer to another, will be suspended. This step is a common practice in the real estate market and is aimed at ensuring stability and control over the construction completion process.
The change in policy will allow DIM to avoid speculation, ensure transparency of transactions, protect the interests of both investors and end buyers, and speed up the commissioning of properties.
According to customs statistics released by the State Customs Service of Ukraine, Ukrainian enterprises in January-July 2024 increased exports of aluminum and aluminum products by 16.8% compared to the comparable period a year earlier – to $64.382 million (in July – $10.207 million).
Exports of aluminum and aluminum products in 2023 increased 0.7% year-on-year to $97.616 million (July – $10.207 million),
Aluminum is widely used as a structural material. The main advantages of aluminum in this capacity are its lightness, pliability for stamping, corrosion resistance, high thermal conductivity, and the non-poisonous nature of its compounds. In particular, these properties have made aluminum extremely popular in the production of kitchen utensils, aluminum foil in the food industry, and for packaging. The first three properties have also made aluminum a major raw material in the aviation and aerospace industries (recently displaced by composites, primarily carbon fiber). After construction and production of packaging – aluminum cans and foil – the largest industry-consumer of the metal is the energy sector.
Prices for construction and installation works in Ukraine in June 2024 increased by 8.4% compared to June 2023, reported the State Statistics Service (Gosstat).
According to the State Statistics Service, in June 2024 to June 2023 prices increased in all segments of construction: in residential construction growth amounted to 8.9%, in non-residential – 9%, in engineering – 7.7%. Compared to May of this year, prices increased by 1%, 0.6% and 0.5% respectively.
At the end of the second quarter, prices for construction work rose by 8.1% year-on-year in April-June 2023, and at the end of the first half of the year – by 9.7% compared to the same period a year earlier.
As reported, in 2023, prices for construction works increased by 15.8% year-on-year.
The State Statistics Committee pointed out that the indicators are given without taking into account the temporarily occupied territories and part of the territories where there are (were) hostilities.
In January-June this year, Ukrainian banks increased their net profit by UAH 11.4 billion, or 16.8% compared to the same period in 2023, to UAH 79.04 billion, the National Bank of Ukraine (NBU) reported.
“The main factors of profitability are the maintenance of a high net interest margin and almost zero allocations to provisions for losses from active operations,” the NBU explained the reasons for the increase in profitability.
“In the first half of the year, only seven small banks out of 62 solvent banks were unprofitable with a total loss of UAH 171 million,” the NBU said.
According to the NBU, the profitability of banks’ core assets continued to decline in the second quarter. In particular, it fell most rapidly for NBU certificates of deposit, which led banks to reduce their investments in these securities, the regulator said.
At the same time, interest rates on domestic government bonds (OVDPs) also went down, but the volume of investments in them grew.
“It is due to the increase in assets that banks have maintained a fairly high net interest margin and increased revenues,” the regulator emphasized.
It is noted that the return on equity of banks in the first half of 2024 amounted to 48.4%, which is lower than the same indicator in the first half of 2023, which was 56%.
The amount of income tax accrued by banks in the first six months of this year amounted to UAH 21.9 billion, compared to UAH 12.4 billion in the same period last year, as the income tax rate was increased from 18% to 25%.
According to the NBU, the banking system’s net profit last year amounted to UAH 82.8 billion after charging UAH 76.2 billion in income tax at the increased rate of 50%.
Increase in morbidity Covid-19 fixed in the Ukrainian capital in the present time, reported on the site of the Kiev city state administration (KGGA) on Wednesday.
As reported by the director of the Department of Health of the KSCA Valentina Ginzburg, in June in Kiev there were 199 laboratory-confirmed cases of coronavirus, in July – early August – 1 thousand 660, then in the second week of August, 1 thousand 283 people have already fallen ill, including 174 children.
The number of hospitalized people requiring artificial ventilation is also growing. However, in most cases, the disease runs without significant complications. “However, and in this lies its own dangers. Painful, not too suffering symptom, list them on fatigue, usual usmork, even on allergic reactions due to color ambrosia, for example. Therefore, he continues to live a socially active life, to work, and thus to spread Covid,” Ginzburg warned.
She urged to be conscious of your health and epidemic safety, use protective masks, hand antiseptics, avoid crowded places and contact with people with cold symptoms, keep your distance in crowded places.
“Be sure to stay home if you feel unwell. Once again, I remind you – even a headache, a slight runny nose, or a general feeling of discomfort can be symptoms of Covid. This applies to adults and children as well. Get tested. Seek medical advice. With such a responsible approach, you will not only protect yourself from complications of the disease, but also do not endanger people around you,” Ginzburg emphasized.
