State-owned Oschadbank (Kyiv) has signed the first loan agreement for UAH 28.7 million at 9% per annum under the Affordable Loans 5-7-9% program for the installation of a 2.5 MW gas reciprocating power plant, the financial institution’s website reports.
“The client, which supplies raw materials to many Ukrainian producers of essential goods, will receive a loan of UAH 28.7 million for a period of 5 years. The capacity of the plant is 2.5 MW; this will secure production in case of a prolonged power outage,” the press release says.
The bank did not disclose the name of the company.
As reported, in the second decade of July, the government launched lending to entrepreneurs and businesses under the Affordable Loans 5-7-9 program for the purchase and installation of gas turbine, gas piston or biogas generating units. The maximum loan amount is up to UAH 150 million and the loan term is up to 10 years.
According to the National Bank of Ukraine (NBU), as of June 1, 2024, Oschadbank ranked 2nd (UAH 415.82 billion) in terms of total assets among 63 banks in the country. Last year, the financial institution’s net profit amounted to UAH 5.98 billion.
The Antimonopoly Committee of Ukraine has launched an investigation against the producer of water “Karpatska Dzherelna” for possible misleading of consumers. Delo.ua* reports with reference to the AMCU’s statement.
It is noted that the agency has initiated consideration of case No. 127-26.4/116-24 on the grounds of a violation by Carpathian Mineral Waters Limited Liability Company, as provided for in Article 15-1 of the Law of Ukraine “On Protection against Unfair Competition”, in the form of dissemination of misleading information.
“The subject matter of the case is, in particular, the actions of Carpathian Mineral Waters LLC in the form of disseminating information about the water of the Carpathian Dzherelna trademark, namely, the origin and characteristics of such products,” the AMCU notes.
The agency draws attention to the fact that “Karpatska Dzherelna” is extracted from wells, so it cannot be called “spring water”. In addition, the water under this brand has nothing to do with the Carpathians, as it is extracted and packaged hundreds of kilometers away.
The AMCU adds that such actions, in the absence of appropriate confirmation of such information by Carpathian Mineral Waters LLC, contain signs of a violation under Article 15-1 of the Law of Ukraine “On Protection against Unfair Competition” in the form of dissemination of misleading information to consumers.
About Carpathian Mineral Waters
“Carpathian Mineral Waters has been a national producer of mineral waters and soft drinks for over 15 years.
The company started its activities in the mineral water market in 1996 with the first bottling of mineral natural table water under the brand name Karpatska Dzherelna, and in June 2002 was reorganized into a plant for the production of mineral water and soft drinks Karpatski Mineralni Vody. In 2002, the company started production of sweet carbonated drinks under the Fruktova Dzherelna and Sokovynka brands, and in 2016 – the Dragon energy drink.
Today, the Carpathian Mineral Waters Group of Companies is a powerful player in the Ukrainian market of natural mineral waters and soft drinks.
Karpatska Dzherelna mineral water is extracted from two artesian wells at a depth of 90 meters from a natural source. According to the company, the production facility is located right next to the source, and the water from the wells is piped to the bottling line. During the bottling process, the water is filtered only from mechanical impurities and retains all useful natural trace elements.
As a reminder, the Antimonopoly Committee of Ukraine has imposed a fine of almost UAH 1 million on three companies of businessman Viacheslav Suprunenko.
Thus, Kyiv Plant Rosinka LLC was fined UAH 169,999, Kyiv BCC LLC was fined UAH 300,000, and Kyivkhlib LLC was fined UAH 500,000. The penalty was imposed for violation of the legislation on protection of economic competition by acquiring assets in the form of a single property complex of PrJSC “Kraplynka” without the AMCU’s permission.
Optima School has received permission to conduct educational activities in Poland and will start teaching high school students (grades 10-11) at the beginning of the school year in September, Optima School director Olga Bilodid said at a press conference at Interfax-Ukraine.
“The Polish school will be enrolling high school students. It will start at the beginning of the school year. We have already realized what we dreamed of last year, and we intend to move to other EU countries,” Bilodid said.
Optima School founder Roberts Weishla noted that Optima will share its experience with other countries, positioning itself not only as an international school with universal content, but also creating local content that meets local curricula.
According to him, Optima has the capacity to serve up to 500 thousand students at a time.
Optima School was established and licensed in 2015. The school currently has 20 thousand students.
The State Service of Geology and Subsoil of Ukraine has renewed three special permits for subsoil use in Dnipropetrovska and Zhytomyrska oblasts. NADRA.INFO reports with reference to the order of the State Service of Geology and Subsoil of 09.08.2024 No. 368 (download the appendix).
The following permits have been renewed:
As of August 12, Ukraine exported 4.962 mln tonnes of grains and pulses since the beginning of the 2024-2025 marketing year (MY, July-June), up 58.9% compared to the same period a year earlier, the press service of the Ministry of Agrarian Policy of Ukraine reported, citing data from the State Customs Service.
According to the report, in August, 1.26 million tons were exported, which is 48.6% more than last year. In terms of crops, since the beginning of the current season, Ukraine has exported 2.273 mln tonnes of wheat (1.25 mln tonnes in 2023/24 MY), 739 thsd tonnes of barley (385 thsd tonnes), 0.3 thsd tonnes of rye (0.6 thsd tonnes), and 1.932 mln tonnes of corn (1.481 mln tonnes).
The total export of Ukrainian flour since the beginning of the season as of August 12 is estimated at 6.3 thsd tonnes (in 2023/24 MY – 14.9 thsd tonnes), including 5.7 thsd tonnes of wheat (14.3 thsd tonnes).
The Cabinet of Ministers of Ukraine has included in the Register of Industrial Parks (IP) industrial park “Ma’Rizhany” in Zhytomyr region and “Dobrosin Invest Park” in Lviv region, in which about 1250 jobs will be created in total, the Ministry of Economy reported.
The corresponding decision was made by the Ukrainian government at a meeting on Friday.
IE Ma’Rizhany will operate on the territory of Khoroshevska territorial community in Zhytomyr region. The area of 30.2 hectares will accommodate enterprises of processing industry: production of textiles, nonwovens and construction materials, as well as scientific and technical activities.
The concept of the park assumes the creation of 750 jobs and investments of about UAH 2 billion.
As reported, IP “Ma’Rizhany” will be the first in Europe park for primary processing of bast crops, particularly industrial hemp and flax. As of February this year, 7 thousand square meters of production and 12 thousand square meters of warehouses were ready for operation, 180 thousand square meters were prepared for construction.
The second phase of the project construction provides for the expansion of production facilities twice – up to 14 thousand square meters and warehouses three times – up to 36 thousand square meters. m.
In April 2023, Michel Tereschenko, ex-mayor of Glukhov, informed about the beginning of production in Western Europe of special agro-equipment and production line for the project “Ma’Rizhany”. Negotiations were also held with farmers of Zhytomyr region to prepare for sowing and harvesting 850 hectares of industrial hemp.
IE “Dobrosin Invest Park” is located in the village of Dobrosin. On the area of 14.6 hectares will operate light industry enterprises, manufacturers of plastic and metal products, food products, woodworking and other activities.
According to the Ministry, the concept of the park provides for the creation of up to 500 jobs and attraction of UAH 1.6 billion of investments.
According to the concept of the park, the initiator of its creation was Dobrosyn-Mageriv village council.
Thus, 88 parks have been included in the Register of industrial (industrial) parks, including 20 in 2024.
As reported, the state budget provides UAH 1 billion to stimulate the creation of infrastructure of IP.
Three Ukrainian state-owned banks – Ukreximbank, Ukrgasbank and Oschadbank – joined the implementation of this program.
