Business news from Ukraine

NIBULON TO BUILD PORT COMPLEX IN OCHAKIV

Nibulon (Mykolaiv), one of the largest grain traders in Ukraine, is launching a new comprehensive project involving the construction of a port complex in Ochakiv (Mykolaiv region), which will become the base for the company’s fleet.
“Our company is starting to work on the implementation of a new complex project at the mouth of the Dnipro-Buzky estuary. The base for this project will be Ochakiv fish canning plant, whose property we purchased at an auction. That is why our investment program at the mouth of the Dnipro-Buzky estuary will include two parallel directions,” Nibulon CEO Oleksiy Vadatursky said on his Facebook page.
According to him, the matter concerns the construction of a port complex and the restoration of fishing industry, in particular, the processing and canning of fish, crustaceans and mollusks in the Dnipro-Buzky estuary.
“This is a complex project, therefore we are also considering the possibility of building a specialized fleet for the needs of this industry at our own shipbuilding plant,” Vadatursky said.
Nibulon was established in 1991. It is one of the largest operators in the grain market of the country.

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DANISH MANUFACTURER OF WIND TURBINES AND DTEK TO BUILD WIND FARM IN ZAPORIZHIA REGION

DTEK has signed an agreement with the Danish manufacturer of wind turbines Vestas for building Orlivka wind power station (Prymorsky district, Zaporizhia region).
“The volume of investment in the project is about EUR140 million. We expect that the project will be completed by the end of 2019,” Maksym Tymchenko, DTEK’s director general, said during the signing of the contract.
The project, which envisages the construction of 26 wind turbines with a capacity of 3.8 MW each, is currently at the stage of completion of preparatory work. The main part of the construction work will begin in January 2019.
The capacity of the wind farm, which is the third project of the company in wind power, will provide electricity to about 200,000 households.
“We continue to implement our plans to increase the portfolio to 1,000 MW by the end of 2019, the total investment in these projects will exceed EUR 1 billion,” he said.

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ONE OF THE LARGEST GRAIN TRADERS IN UKRAINE INTENDS TO BUILD PORT IN KHERSON REGION

Nibulon (Mykolaiv), one of the largest grain traders in Ukraine, intends to build a port in the village of Oleksandrivka (Kherson region) in five years, the company said in a statement.
“This port is a great prospect for the development of the entire Kherson region. This is an extremely difficult task and very large investments, but our company can do this only in five years,” CEO of the company Oleksiy Vadatursky said.
According to him, Nibulon continues the implementation of the investment program in Kherson region. There are already two transshipment terminals of the company in the village of Kozatske and Hola Prystan, while next year the company plans to increase the capacity of the Hola Prystan transshipment terminal by 20,000 tonnes, as well as to expand the capacity of this enterprise for accepting rice.
The company plans in the next two years to reorient almost all of its cargoes to the Dnipro River and transport by water up to 4 million tonnes of products per year, which will allow reducing the load on the roads.
Nibulon cultivates 83,000 hectares of land. It exports agricultural products to more than 60 countries. The annual export volume exceeds 4.5 million tonnes.

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UKRAINE’S LARGEST GAS PRODUCER WANTS TO BUILD 3 MW SOLAR POWER PLANT

JSC Ukrgazvydobuvannia plans to build a solar power plant with a capacity of 3.078 MW in Andriyivka (Kharkiv region) where the Shebelynka gas refinery is located, according to a report in the ProZorro e-procurement system. The expected cost of the construction project is UAH 82.324 million. The tender documents could be submitted before December 6, 2018.
Ukrgazvydobuvannia, fully owned by Naftogaz Ukrainy, is Ukraine’s largest gas producer, which provides about 75% of the total gas output in the country.
As reported, early 2018, another company of Naftogaz Ukrainy – Ukrtransgaz – launched a solar power plant with a capacity of 0.3 MW.

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TENDER TO BUILD SUBWAY TO VYNOHRADAR DISTRICT IN KYIV COMPLETED

Municipal enterprise Kyiv Metropoliten, the customer for construction of a subway line to the Vynohradar residential area in Kyiv, has reported that after a tender OJSC Kyivmetrobud offered the lowest price for the implementation of works and the acceptation procedure has been launched.
“In the ProZorro public procurement system, a tender for the construction of the Syretsko-Pecherska subway line section from the Syrets station to the Vynohradar residential area with a depot in the Podilsky district (the section from the Syrets station to the Pravdy Avenue station with two stations (Mostytska and Pravdy Avenue) and the section towards the Vynohradar station (the first stage of construction) was completed,” Kyiv Metropoliten reported last week on its Facebook page.
According to the report, the lowest price for the work was offered by OJSC Kyivmetrobud – UAH 12.214 million below expected value.
“In accordance with the legislation, the procedure for acceptance has begun,” Kyiv Metropoliten reported.
According to the screenshot of the corresponding tender from the Prozorro website posted in the same message, Kyivmetrobud offered to perform the said work for UAH 5.981 billion with VAT.
Kyiv Metropoliten announced a tender for the construction of a subway line from the Syrets station towards the Vynohradar residential area in the Podilsky district worth UAH 6.3 billion in January 2018. The date of the tender was repeatedly postponed. The tender completed recently was announced on September 11, 2018. The expected cost of work at the last auction fell to UAH 5.99 billion.

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BELARUS AND TURKISH INVESTOR PLAN TO BUILD RIVER PORT ON BORDER WITH UKRAINE FOR ACCESS TO BLACK SEA

Belarus is considering the possibility of building a river port on the Dnipro River in Gomel region near the border with Ukraine in order to use river-sea vessels to put out to the Black Sea. The Turkish investor Derin Shipping & Trading Co. might be involved in the project.
According to the state agency BelTA, Ambassador of Belarus to Turkey Andrei Savinykh states that the implementation of the project “will turn Belarus into a maritime state.” The project could be implemented by building a port terminal in the village of Nizhniye Zhary (Gomel region).
“Our Turkish partners are considering the possibility of building a port in Nizhniye Zhary, which will turn Belarus into a maritime state,” the official told journalists in Gomel during the visit of the Turkish delegation to the regional center.
It is assumed that the main volume of cargo turnover will be provided by oil products (Mozyr Oil Refinery is located near Gomel) and Petrikovsky GOK being under construction in Gomel region (the project of Belaruskali, the capacity is about 2 million tonnes of potassium chloride per year).

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