Business news from Ukraine

Business news from Ukraine

Ukraine’s electricity imports from Slovakia rose by 27% on Sunday

The volume of electricity imports from Slovakia rose 27.3 percent on Sunday compared to Saturday to 4,427 MWh per day, according to data on the website of Continental Europe Transmission System Operators Network ENTSO-E.
According to the site, imports came in 16 hours a day from 6:00 a.m. to 10:00 p.m. at capacities of 10-350 MW. The maximum allowed cross-sectional capacity for imports in the Slovak direction is 350 MW, and on Sunday it was at that capacity for three hours. A total of 10 hours recorded capacity in excess of 300 MW.
At the same time, imports for Monday dropped almost 10 times to 476 MWh per day.
At the same time, according to ENTSO-E data, power exports to Poland, after Monday’s weekend absence, were carried out for nine night and day hours at a capacity of 200 MW – a total of 1,800 MWh per day.
For Moldova, no data on both imports and exports have been available since early June.
As previously reported, electricity supplies from Slovakia were planned at 7.1 thousand MWh per day on June 3 and 7.5 thousand MWh per day on June 4. For comparison, during the first two days of June just under 1.5 thou. MWh was received. A record number of traders participated in the auctions to allocate cross-section capacity on those days – 16 and 17 traders, respectively. Nevertheless, on Saturday, traders absorbed only half of the redeemed cross-section, supplying 3,477 MWh of electric power per day.
Vitaliy Butenko, head of the Energy Company of Ukraine (EKU), commented on the traders’ activity over the weekend: “At the weekend, prices in Slovakia are significantly lower than electricity prices in Ukraine. This trend has been observed for several weeks in a row, which makes it possible to provide additional amounts of electricity to support the Ukrainian energy system.

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On June 5-6, Pope’s special envoy will arrive in Kiev

Cardinal Matteo Zuppi, whom the Pope has entrusted with a peacekeeping mission in Ukraine, will visit Kyiv on June 5-6, the Holy See press office said.
“Referring to previous communications from the Holy See, we report that Cardinal Matteo Maria Zuppi, Archbishop of Bologna and president of the Italian Bishops’ Conference, will visit Kiev on June 5-6, 2023, as an envoy of His Holiness Pope Francis,” the statement said.
It is stressed that “the main goal of the initiative is to listen carefully to the Ukrainian authorities about possible ways to achieve a just peace and to support humane gestures that contribute to easing tensions.”
On May 13, Ukrainian President Volodymyr Zelensky met with Pope Francis at the Vatican.
Afterwards, the Vatican reported that “Pope Francis instructed Cardinal Matteo Zuppi, archbishop of Bologna and president of the Italian Bishops’ Conference, to lead a mission, agreed with the Secretariat of State, that would help ease tensions in the Ukrainian conflict.

Number of dead and wounded civilians in Ukraine from 24.02.2022 till 02.05.2023 un data

Number of dead and wounded civilians in Ukraine from 24.02.2022 till 02.05.2023 un data

Source: Open4Business.com.ua and experts.news

Ukrainian government approves new director of state-run enterprise Izmail Commercial Sea Port

The Government of Ukraine has approved the candidacy of Vitaly Levchenko for the post of director of the state enterprise “Izmail Sea Commercial Port” (Odessa region).
“Approve the candidacy of Levchenko Vitaly Oleksandrovych for the post of director of the state enterprise “Izmail Sea Commercial Port”, – follows from the government decree of May 30 No. 481-r.
Previously Levchenko held the post of chief dispatcher of the sea port “Olvia” (Mykolaiv region). He started his career as a road and track worker at Mykolaiv port. He worked in the wagon group, as a docker, crane operator, stevedore, process engineer, deputy chief dispatcher.
Previously Izmail ICC since September 2012 was headed by Andrey Erokhin.
Izmail ICC is located in the water area of Kiliya mouth of the Danube River. It connects the countries of Central and Southern Europe with the Black and Mediterranean Seas.
As of May 9, 2023, annual plan for cargo handling in port Izmail was performed in the amount of 6.187 million tons, which is a record high in the history of the enterprise. In 2022 transshipment increased to 8.89 million tons from 4 million tons a year earlier.

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“TAS Agro” has completed spring sowing on 51,500 hectares

Agricultural Group “TAS Agro” has finished spring sowing of spring crops, for which it allocated 51,5 thousand hectares, reducing the area of oilseeds compared to the last year and expanded the grain group, the company said in Facebok.
“The area of crops in the company as a whole has not changed, but because of food security and market situation this season sugar beet and rye have been added to the cropping structure,” the company stressed.
According to the report, the most part of the area from 51.5 ths. ha is devoted to corn – 24.1 ths. ha, sunflower – 15.9 ths. ha and soybean – 11.5 ths. ha.
Before the war TAS Agro worked 83 thsd. ha in Vinnitsa, Kyiv, Kirovograd, Chernigov, Nikolayev, Sumy, Kherson and Dnipropetrovsk regions, was involved in dairy farming (up to 5,500 cattle), owned six elevators with one-time storage capacity of 250 000 tons.
TAS Group was founded in 1998. The sphere of its business interests covers the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, venture projects.
The founder of TAS is Sergiy Tigipko.

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SpaceX put into orbit new batch of mini-satellites Starlink

A Falcon 9 rocket on Sunday successfully launched another batch of 22 mini-satellites into orbit to add to the orbital constellation of the Starlink global Internet coverage system, the developer SpaceX said.
“The launch of 22 Starlink satellites has been confirmed,” the statement said.
The launch took place from Launch Complex 40 at U.S. Space Force Base at Cape Canaveral, Florida, at 08:20 U.S. East Coast time (3:20 p.m. QT).
It was the 88th launch of Internet satellites since May 2019 as part of the Starlink project and the 19th since the beginning of this year. Including the current launch, SpaceX has already put into orbit more than 4.5 thousand such satellites. Some of them have failed or fallen out of orbit. More than 4,200 apparatuses remain in orbit in working condition.
At the same time, the first reusable stage of the launch vehicle, which was used to launch for the third time, in about nine minutes after the launch made a controlled vertical landing on the offshore platform-drone in the Atlantic.

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