Avtomagistral-Pivden LLC has won a tender for the construction of a transport interchange in Mykolaiv region with a bid of UAH 1.936 billion.
According to the announcement on Prozorro, the customer was the Service for Infrastructure Restoration and Development in Mykolaiv region. The expected cost of the works was UAH 2.28 billion.
The Eurotransmost consortium also participated in the tender with a final offer of UAH 1.937 billion.
The works under the tender include the construction of an interchange at different levels across the Southern Bug in Mykolaiv to the public road of national importance M-14 (Odesa-Melitopol-Novoazovsk). The length of the road surface is 8.3 km. The expected completion date is April 30, 2025.
According to Prozorro, the tender was held on February 8, and on March 6, Avtomagistral-Pivden published a notice of intent to conclude a contract based on the results of the tender.
Avtomagistral-Pivden LLC has been on the market since 2004. It designs and builds highways, bridges, interchanges, airfield complexes, and hydraulic structures. The company’s owner is listed in Opendatabot as Oleksandr Boyko. According to the financial results for 2022, the company’s net profit amounted to UAH 241.9 million, and net income was UAH 7.5 billion.
Univest, a manufacturer of paper and cardboard packaging for the food industry, has invested about UAH 300 million in the construction of a new eco-packaging workshop in the Fastindustri industrial park (Fastiv, Kyiv region), said Dmytro Kysylevskyi, deputy chairman of the parliamentary committee on economic development.
According to his post on Facebook, the equipment that has already been installed is planned to be put into operation in a few months.
Kysylevsky said that the equipment for industrial production in the industrial park was first imported to Ukraine with the use of import duty and VAT incentives.
“Ukrainian entrepreneur Volodymyr Kudryashov, owner and CEO of Univest, pioneered the use of government incentives. He had to work with customs to figure out how to do everything, because it was the first time both the company and the state did it,” he wrote.
As reported, the law provides for exemption from VAT and customs duties on imports of new equipment, as well as from income tax for 10 years if the company operates within the framework of the IP; preferential rates of real estate tax and land fees from local authorities.
Univest Holding, according to its website, is one of the leaders in publishing and printing in Ukraine. Its key business areas include a large offset printing house, Univest Print, a cardboard, plastic and blister packaging manufacturer, Univest Packaging, a cardboard eco-tableware manufacturer for fast food chains, Food-in-Box, and a publishing house (producing agricultural magazines and books), Univest Media.
The holding also includes a warehouse complex with an area of 20 thousand square meters, a creative and advertising agency.
According to the Clarity system, packaging manufacturer Univest Marketing LLC increased its net profit by 5.3 times in January-September 2023 compared to the same period in 2022, to UAH 77 million, with net income growing by 58% to UAH 548.9 million.
The company’s product range includes paper cups, lids, burger boxes, soup bowls, salad bowls, trays, French fries packaging, and ice cream and popcorn buckets.
According to YouControl, the company is owned by Cyprus-registered U.C.H. Univest Ciprus Holding, and the ultimate beneficiaries are Volodymyr Kudryashov (51%) and German citizens Hans and Louis Riffart (12.74% each).
The 15-hectare Fastindustri was included in the Register of Industrial Parks in January 2017. According to Kysylevsky, Univest is the main investor in the IP.
The park is planned to accommodate several more enterprises based on the circular economy principle, and the investment plans for the IP are calculated until 2027.
Detailed schedules of construction of objects of PJSC “HC “Kyivmiskbud” will be ready in 1.5-2 months, the search for sources of financing is the priority of the company, said the newly appointed Chairman of the Board – President of HC “Kyivmiskbud” Vasyl Oleinik.
“We do everything to work closely with the city, process together the directions we generate with the team, and support is promised to us. The main thing we are working on is attracting financial resources,” the press service quotes Oleinik’s words after the meeting with investors.
According to him, the company is also negotiating with banks on crediting, as well as dialoguing with institutions established to provide citizens with housing.
As reported, the mayor of the capital Vitali Klitschko at the end of December 2023 instructed to form a new composition of the nabsovet and board of PJSC Kyivmiskbud in a short time. Earlier, the head of the company Igor Kushnir announced his resignation from the post of chairman of the board – president of the company after 12 years of work.
According to the results of the audit of Kyivmiskbud conducted by Baker Tilly Ukraine Consulting, NHD-AUDIT Audit Firm LLC and Ernst & Young LLC, it was found that there were no signs of actions to bring the company to bankruptcy, concealment of financial insolvency or mass transactions by related parties. At the same time, the auditors found that the activities of Kyivmiskbud were disrupted due to external factors: COVID-19, a full-scale war, the factor of Ukrbud.
On November 17, 2023, the commission approved an interim report with recommendations and proposals for further work of the developer, among which – the implementation of the purchase of apartments in the objects of “Kyivmiskbud”, consideration of the possibility of a financial loan or additional capitalization of the company. The TCC also recommended the Kyiv City Council to apply to the Cabinet of Ministers to compensate Kyivmiskbud for the total planned damage associated with the completion of projects of the construction corporation Ukrbud in the amount of UAH 2.28 billion.
On January 29, 2024, Vladyslav Andronov, Deputy Head of Kyiv City State Administration, was appointed Head of the Supervisory Board of Kyivmiskbud instead of Mykola Povoroznik. In February 2024 the newly formed supervisory board appointed its vice-president Vasyl Oleynik as the chairman of the board – president of the company.
HC “Kyivmiskbud” was established on the basis of the property of the state municipal construction corporation “Kyivmiskbud” in 1994 by combining in its authorized capital controlling stakes in 28 enterprises and other assets. The HC includes 40 JSCs, in which the company holds shares, six subsidiaries and 51 enterprises on the rights of associate member.
The main shareholder of PJSC HC Kyivmiskbud, according to the National Commission on Securities and Stock Market (NCSSM), is the Kyiv City Council (80%).
Turkish defense company Baykar has begun construction of a plant near Kyiv that will employ about 500 people and produce TB2 or TB3 drone models, the company’s CEO told Reuters on Tuesday.
The Turkish-made Bayraktar drones gained widespread popularity worldwide after the Ukrainian military began using them to counter Russian forces, destroying armored vehicles and artillery systems.
Baykar said it has signed export agreements for its TB2 drone with 30 countries. Among them are Ukraine, Ethiopia, Libya and Azerbaijan since 2018, according to the SIPRI think tank.
“Our plant is under construction… we need about 12 months to finish the construction, and then we will move on to the internal machinery, equipment and organizational structure,” Baykar CEO Haluk Bayraktar said on the sidelines of the Riyadh World Defense Exhibition.
“The plant in Ukraine is large, we plan to employ about 500 people,” he said. Bayraktar noted that the production capacity will be about 120 units per year, but said it is not yet clear whether production at the Ukrainian plant will focus on the TB2 or TB3 drone model.
Asked if security issues related to the ongoing conflict would be a concern for the plant, he said that plans are “fully progressing” and “nothing” can stop them.
As reported earlier, Ukraine’s Defense Ministry and Turkish company Baykar Makina signed an agreement to build a service center for the repair and maintenance of unmanned aerial vehicles in Ukraine.
PJSC Ukrnafta is starting construction of a new directional well in the northeast of the country with a design depth of 3314 m and a projected initial oil production rate of 26.5 tons per day.
According to the company’s CEO Sergiy Koretsky on Facebook, the drilling is planned to explore the productive horizon of the Lower Carboniferous Visean deposits and its further exploitation.
The well will be drilled by Ukrnafta Drilling, the company’s division, using its own ZJ-40 drilling rig with a 225-ton capacity.
“This is the first of 30 wells that Ukrnafta plans to start drilling with its own drilling equipment in 2024. I am grateful to the team – geologists, drillers, engineers – who are working to ensure that the Ukrainian oil industry develops and brings the country a valuable resource,” Koretskyi said.
As reported, in 2023, Ukrnafta increased oil and condensate production by 3% (by 39.9 thousand tons) compared to 2022 – up to 1 million 409.9 thousand tons, gas production by 5.8% (by 60.4 million cubic meters), up to 1 billion 97.4 million cubic meters.
“Ukrnafta’s strategic goal is to double its oil and natural gas production to 3 million tons and 2 billion cubic meters by 2027, respectively.
“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of 537 filling stations, of which 456 are in operation.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. On November 5, 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense, to the state.
The construction project management outsourcing is a new service in Rauta offer, but the company already has several projects in its portfolio where it performs turnkey construction works.
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