PJSC Ukrhazvydobuvannya (Kiev) on August 25 announced a tender for compulsory insurance of liability of subjects of transportation of dangerous goods in case of negative consequences during transportation of dangerous goods
As reported in the system of electronic public procurement ProZorro, the expected cost of the purchase of services is UAH 1,601 thousand.
The deadline for submission of documents for these two lots is September 2
The Tender Committee of the Kyiv Metro has awarded Kryukiv Carriage Works (KVSZ, Poltava region) a victory in the tender to supply Kyiv with 10 units of five-car subway trains financed by the European Bank for Reconstruction and Development (EBRD) with a bid of almost EUR79.196 million (including VAT), the KVSZ press service reported on Friday.
“Today the much desired for KVSZ and partner enterprises message about the award of victory in the tender for the supply of metro trains has appeared. The proposal of domestic carriage builders was accepted by the tender committee and agreed with the EBRD,” the report says.
The press-service of KVSZ emphasizes that the offer of the Ukrainian plant was 37% lower than that of the second participant – Czech Skoda.
KVSZ offered a subway train with asynchronous traction drive with three motor and two trailing non-motor cars, with bogies of domestic production with central pneumatic suspension and disk brakes.
Train length – 97 m, design speed – 90 km/h, designated service life – 50 years, its total capacity (including standing passengers) – 1650 people.
There are two inclusive seats for wheel chair passengers. Movement of passengers from car to car is free – through hermetic passages (train “pipe”), which KVSZ has been using for more than 10 years in the manufacture of passenger rail rolling stock.
As reported, the tender for the delivery of 50 subway cars (including spare parts and consumables, equipment and tools for maintenance, repair and related services) to Kiev for EBRD funds was announced back in December 2020, the proposals of the participants of the second stage were considered in March this year.
KVSZ recalls that it is ready to offer similar metro cars for Kharkiv Metro, which on May 5, 2023 announced a tender for the purchase of five-section metro trains (with free passage between cars) for EUR45 mln with the funds of the European Investment Bank (EIB), but due to discriminatory, in its assessment, requirements will not be able to participate in it.
The tender committee, in particular, demanded confirmation of experience in supplying at least 30 subway cars over the last five years, while KVBZ “put on the rails” 170 cars, but not over the last five years.
In addition, the conditions prescribe requirements only for European standards.
As reported, Kharkiv has again postponed the deadline for consideration of participants’ proposals in this tender – to October 10, 2023.
KVSZ, Ukraine’s largest railcar building enterprise, produces passenger and freight cars, regional diesel trains, high-speed interregional locomotive traction trains, spare parts and bogies for freight cars.
The company’s net income in 2022 increased by 38.4% to UAH 3 bln 545 mln, net profit amounted to UAH 37.25 mln against a loss of UAH 230 mln a year earlier.
Oil prices rise on Friday morning, but end in the negative for the second week in a row on signals of weak demand in China and expectations of further tightening of monetary policy in the United States.
Traders’ attention on Friday is focused on Federal Reserve Chairman Jerome Powell’s speech at an economic symposium in Jackson Hole.
It is believed that he will outline in his speech what factors the Fed will consider when deciding when to finalize the rise in the benchmark interest rate and when it is time to start lowering it.
October Brent crude futures on the London-based ICE Futures exchange at 8:15 a.m. Q4 on Friday stand at $83.63 per barrel, up $0.27 (0.32%) from the previous session’s closing price. On Thursday, these contracts rose $0.15 (0.2%) to $83.36 per barrel.
The price of WTI oil futures for October at the electronic trading of the New York Mercantile Exchange (NYMEX) increased by $0.28 (0.35%) to $79.33 per barrel. At the end of previous trading, the cost of these contracts rose by $0.16 (0.2%), to $79.05 per barrel.
Since the beginning of this week, Brent has fallen in price by 1.4%, WTI – by 2.4%.
Citigroup analyst Ed Morse said in an interview with Bloomberg on Thursday that key OPEC members may have to further reduce oil production as members of the organization, who have struggled with production in recent years, have begun to ramp it up.
Iran, Iraq, Libya, Nigeria, Libya and Venezuela will increase production by a total of 900,000 barrels per day (bpd) this year and at least the same amount next year, Citi said. This will be enough to meet oil demand, Morse noted.
As a result, Saudi Arabia and a number of other states will have to further reduce production, which could become a serious problem for them, the expert said.
IMK Agroholding has finished reaping winter wheat from the area of 33.3 thousand hectares and threshed 236 thousand tons of grain with a record yield of 7.1 tons/ha, its press service reported on Facebook on Thursday.
“The area to threshing this year was more than 80% more than the traditional for our company area under winter crops, which was caused by changes in the crop rotation structure in favor of winter wedge instead of corn. Nevertheless, we managed to harvest the entire crop promptly and get an excellent result, despite last year’s prolonged sowing of winter wheat and the reduced amount of fertilizers used,” – said IMK’s Chief Operating Officer Alexander Verzhikhovsky, whose words are quoted in the message.
As reported, agricultural holding “IMK” specializes in the cultivation of cereals, oilseeds and milk production in Ukraine. It cultivates about 123.3 thousand hectares of land in Poltava, Chernihiv and Sumy regions. It owns storage facilities for 554 thousand tons of grain and oilseeds.
In January-March 2023, IMK posted a $4.10 mln net loss, which is 2.6 times less than in the same period of 2022 and largely due to higher logistics and distribution costs. Revenue increased 11% to $41.96 million, of which $35.03 million came from exports. Gross profit increased 3.9 times to $8.60 mln due to a decrease in production costs. Due to a twofold increase in logistics and distribution costs (to $9.40 mln), the company recorded an operating loss of $2.85 mln, which is twice as high as in the first quarter of 2022.
The National Agency for the Prevention of Corruption (NAPC) has added two tobacco market leaders Philip Morris International and Japan Tobacco International to the list of international sponsors of war because of their continued operations in Russia, the agency said.
“The NACP has added two tobacco market leaders Philip Morris International and Japan Tobacco International to the list of international sponsors of war,” the NACP said in a statement on its Telegram channel on Thursday.
According to the financial statements of Philip Morris’ Russian subsidiary, the company’s revenue in the first year of Russia’s full-scale invasion of Ukraine increased by 8% to RUB 140.3 billion, and net profit – to RUB 48.2 billion, which is 45% more than in 2021. “Having confidence in Russia’s economic potential, the company is implementing a large-scale long-term investment program,” the statement said.
“Japan Tobacco International (JTI) is the undisputed leader of the tobacco market in Russia (market share – 34.9%). The company itself has openly stated that the Russian market generated about USD 2 billion. USD in 2022 for the JT Group, or approximately 11% of its consolidated revenue for 2022,” the NACP cites data on the second company’s activities in Russia.
“JTI is the largest investor and leading taxpayer in the Russian tobacco industry. Over the past 20 years, JTI’s investments in the Russian economy have exceeded $4.6 billion. In 2020, the company’s tax payments accounted for 1.4% of the federal budget’s revenue,” the NACP said in a statement.
The NAPC emphasizes that despite the fact that “representatives of both companies have announced their plans to close their business in Russia, stop new investments and marketing activities in Russia, they still continue to manufacture and distribute products in Russia.”
Swedish fashion-retailer H&M plans to start a gradual reopening in Ukraine from November 2023.
“Earlier it was reported that H&M Group temporarily closed its stores in Ukraine from February 24, 2022. The company has been in close dialog with partners and authorities and now plans to gradually reopen most of its stores in the country from November 2023,” the company’s website pointed out on Thursday.
The statement emphasizes that preparations are underway to reopen most stores where possible, with employee safety remaining a top priority.
H&M also plans to participate in relief and recovery programs, cooperate with local organizations and support Ukraine in the reconstruction process.
Swedish company Hennes&Mauritz AB (H&M), owner of Europe’s second largest clothing chain, opened its first store in Ukraine in 2018.
H&M Hennes&Mauritz LLC was established in 2013. According to the data of the Unified state register of legal entities and physical persons-entrepreneurs, the ultimate beneficiary is Stefan Persson (Sweden).
At the beginning of the full-scale invasion, the H&M chain in Ukraine had eight outlets: five in Kiev, one each in Odessa, Kharkiv and Lviv.
