Kharkiv-based aircraft manufacturer FED JSC completed January-September 2023 with net income of UAH 907 million, up 87.1% compared to the same period in 2022.
According to the company’s interim financial statements published in the NSSMC’s information disclosure system, its net profit for the period increased 2.8 times to UAH 272.5 million.
From operating activities, FED JSC received UAH 334.6 million in profit, which is 2.8 times more, and gross profit increased almost 2.3 times to UAH 432.3 million.
As reported, in January-June 2023, the company increased its net profit by 12.6 times compared to the first half of 2022, to UAH 249.43 million, while net income almost tripled to UAH 674.89 million.
Thus, in the third quarter of this year, the net profit of FED JSC amounted to UAH 23 million, which is 70.3% less than in July-September 2022, with a 9.1% drop in net income to UAH 232.1 million.
FED JSC is one of the leading enterprises in Ukraine, specializing in the development, production, maintenance and repair of aviation, space and general engineering units.
In 2022, the company reported a 2.7-fold decrease in net profit compared to 2021, down to UAH 146.77 million. Net income decreased by 2.3 times to UAH 570.9 million.
At the beginning of 2022, the company employed more than 1 thousand people.
According to the National Securities and Stock Market Commission, more than 98.2% of FED shares are owned by the company’s CEO Viktor Popov.
KP “Kharkiv Metro” on August 16 announced a tender for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO), according to the system of electronic public procurement Prozorro.
The expected cost is UAH 137,175 thousand.
Documents for participation are accepted until August 24, 2023.
As reported, the winner of a similar tender a year earlier was IC Ukrainian Fire Insurance Company.
KP “Kharkiv subway” on July 13 announced a tender for insurance of train drivers against accidents during the service trip, reported in the system of electronic public procurement Prozorro.
The expected cost is UAH 29,682 thousand.
Documents for participation are accepted until July 21, 2023.
Terra (Kharkiv), one of Ukraine’s largest cereals and flakes producers, will build a $20 million plant in the west of the country, ZAXID.NET writes.
“Now we are determining the site for the construction. We are considering Lviv, Ternopil and Rivne regions. We have big requirements for the territory: we need a railroad, a transportation hub, infrastructure and people. Logistika is important for us, both for consumers in Ukraine and for export”, – informed the commercial director of the company Alexandr Yasinsky.
Capacities of the new plant will allow to process 300 thousand tons of raw materials a year and produce 150 thousand tons of products a year. Besides groats, flour, flakes, kasha and instant soups, “Terra” is going to launch buckwheat and corn processing lines. It is planned to build a bio boiler house at the plant to meet production needs.
According to the commercial director, production lines, packaging and transportation will be automated as much as possible.
Terra is currently negotiating with a foreign bank to open a $20 million credit line, is looking for a partner to invest in the new plant, and is considering cooperation with large agricultural producers.
According to Jasinski, if the company manages to find ready-made premises, it will be possible to launch a new factory in a year, while the construction of production from scratch will take about two years.
In parallel, Terra will be developing its own retail network of stores across Ukraine. The first market has already been opened in the Kharkiv region.
Terra was registered in Kharkiv region in 1999. The company makes about 200 types of products, including groats, cereals, flour, instant porridges and soups, mixed fodder, and exports them to 67 countries: the USA, Europe, UAE, South Africa, Malaysia, Sri Lanka, etc. “TERRA” is one of the largest producers of cereals in Ukraine and in the top-5 organic producers.
The beneficiaries and founders of the company are Alexander and Igor Yasinskiy, and the co-founders are Sergiy Prikhodko and Oleg Gozhenko.
Specialists working on the new general plan of Kharkiv proceed from the assumption that the city’s population will be about 2-2.5 million people, city mayor Igor Terekhov said.
“We count on 2-2,5 million city inhabitants together with students, who will study in our higher educational institutions and technical schools. Perhaps over time there will be even more,” Terekhov said at a press meeting Friday.
According to him the team of British architect Norman Foster Foundation is preparing pilot projects in 5 areas (cultural heritage, housing, industry, scientific quarter, rivers and green areas). In particular, the mayor assured that the reconstruction of the center of Kharkiv will be done “with respect to the past”.
“The center of Kharkiv will be restored with respect to the past,” he said, noting that this area will be given new life by redesigning the key public places taking into account their history.
Besides, according to him, five city strategies (transport, energy, water and natural environment and redrawing of out-of-date administrative districts of Kharkiv) are being worked out.
Terekhov also promised that in the nearest future we will create a site, which will inform about the work on the general plan.
In turn, Foster noted that architects, while developing the general plan, proceeded from the fact that it is important to preserve rivers and green areas in Kharkiv, and also to improve mobility, connect pedestrian and bicycle lanes and create such transport networks throughout the city. He also noted the importance of the transition to clean energy sources.
According to the State Statistics Service of Ukraine, as of January 1, 2022 the population of Kharkiv was slightly more than 1 million 421 thousand people.
On January 31, the head of the Kharkiv OVA Oleg Sinegubov said that now there are about 1.1 million people living in the regional center.
The Georgian embassy delivered high-capacity generators to Kharkiv on January 5, the Ukrainian Foreign Ministry said.
“We thank Georgia for providing Kharkiv with high-capacity generators, which were delivered by the Georgian embassy on January 5. We appreciate every assistance in restoring critical infrastructure facilities damaged after air, missile and artillery strikes,” the Ukrainian Foreign Ministry said in a statement on Twitter.
