Business news from Ukraine


The Chinese pharmaceutical company Sinovac will supply another 5.325 million doses of Coronavac vaccine against COVID-19 to Ukraine, said chief sanitary doctor of Ukraine Ihor Kuzin.
“Today we have signed commitments on Sinovac and it is planned that another 5.325 million doses of vaccine will be purchased by Crown Agents,” he said on Wednesday during an online discussion entitled “Why Ukrainians don’t want to be vaccinated.”
Kuzin said additional supplies of Coronavac vaccine are expected in July.
“We expect that all these volumes should come to Ukraine during July,” he said.

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National Energy Company Ukrenergo has signed a contract with Xian Electric Engineering Co. Ltd. (China) to reconstruct the 330 kV Brovarska substation with the installation of an autotransformer, the press service of the company has reported. The press service said that 11 companies from eight countries took part in a tender under the rules of the European Investment Bank (EIB), which finances the project. The cost of the project fell by 25%, to EUR 19.4 million.
Reconstruction of the Brovarska substation envisages the installation of modern complete switchgears with SF insulation and the modernization of relay protection and emergency control systems.
In addition, an additional 330/110/35 kV autotransformer with a capacity of 200 MVA will be installed at the substation. This will ensure the reliability and security of energy supply to consumers of the Kyiv energy hub – Brovary, Boryspil and Baryshivka districts of Kyiv region, including the Boryspil airport, as well as expand opportunities for their further economic development.
“Modernization of the Brovarska substation is one of the strategic projects of Ukrenergo. In two and a half years, this substation will be fully automated in accordance with international requirements for reliability and safety,” Deputy Director for Investment Volodymyr Kudritsky said.
Ukrenergo operates trunk and interstate transmission lines, as well as centralized dispatching of the country’s integrated power grids. It is a state-owned enterprise managed by Ukraine’s Finance Ministry. The company will be soon reorganized into a private joint-stock company.

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China Harbour Engineering Company Ltd. (CHEC) on August 8, 2018, began dredging on the offshore maritime approach channel to Chornomorsk Port and in the operating area of the first boot basin of the Sukhy estuary. The dredging will allow large vessels with a draft of up to 14.5 meters, such as Capesize, deadweight up to 100,000 tonnes and containerships with a capacity of 8,000 TEU to the current and planned reconstruction of deep-sea quays, the press service of the Ukrainian Sea Ports Authority (USPA) has said.
The dredging project was developed by the Infrastructure Ministry’s institute and ChornomorNIIIProject. It will deepen the approach channel from 14.5 m to 16 m and extend the approach channel from 1,400 m to 1,600 m. The width will remain the same – 150 m. Dredging of the water area of the first boot basic of the Sukhy estuary will increase the depth in its central part up to 15 m. The total amount of dredging of Chornomorsk Port will be about 2 million cubic meters, including more than 500,000 cubic meters in the approach channel and about 1.5 million cubic meters in the water area. It is planned that the work on the projects will take two to five months.
The cost of the work is UAH 404.1 million without VAT. Of this amount, UAH 87.1 million will be spent on dredging of the channel, and UAH 317 million on increasing the water area. To carry out dredging in Chornomorsk, CHEC mobilized a dredging fleet of 15 vessels. All of them have already arrived in the port water area. As previously reported, CHEC was selected to conduct dredging operations at the port of Chornomorsk as a result of open tenders in the electronic public procurement system ProZorro on March 13, 2018.
CHEC also conducts dredging in the port of Yuzhny. In May 2017, the Chinese company and USPA signed two contracts, one of which has already been completed three months ahead of schedule, and the second is 70% completed.

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