State-owned Oschadbank (Kyiv) has entered into a 5-year loan agreement with the Lviv City Council for UAH 840 million, of which UAH 718 million will be used to complete the construction of a waste processing plant.
According to the bank’s press release, the rest of the funds will be used to implement four more projects: the construction of an alternative bridge on Kovcha Street, the arrangement of two centers for veterans, and the reconstruction of the power supply system of the Pivnichna shopping center (CHP-2).
“Despite the fact that Oschadbank’s share in financing municipalities is more than 60% of the market, this loan agreement is the first in our cooperation with the Lviv City Council during a full-scale war. As a conscious bank that adheres to ESG principles, we are pleased to participate in the implementation of such an important environmental project for one of the most European cities in the country,” said Yuriy Katsiyon, Deputy Chairman of the Board of the state-owned bank in charge of corporate business, as quoted in a press release on Friday.
In turn, the Lviv City Council’s website states that the volume of construction work at the facility has reached 70%.
According to the release, once launched, the municipal waste recycling facility will be able to process more than 250 thousand tons of waste per year using mechanical and biological methods. This volume is expected to fully meet the city’s solid waste disposal needs.
The Oschad press service added that the Lviv Waste Recycling Plant construction project is also being implemented with the financial support of the European Bank for Reconstruction and Development (EBRD) and the Eastern European Energy Efficiency and Environment Partnership (E5P). The waste processing plant covers an area of 9.66 hectares.
The Lviv City Council website specifies that UAH 46.2 million of the total amount of approved funding will be used to build an alternative bridge on Omelyana Kovcha Street, and the remaining UAH 75.8 million will be used to equip two centers for veterans and reconstruct the power supply system of the Pivnichna shopping center (CHP-2).
According to the National Bank of Ukraine (NBU), as of November 1, 2024, Oschadbank ranked 2nd (UAH 340.77 billion) among 62 banks in the country in terms of total assets. The financial institution earned UAH 12.78 billion in net profit for 10 months of this year, compared to UAH 14.58 billion in the same period last year.
The Lviv City Executive Committee approved a decision on the cost of transportation for municipal electric transport at a meeting on Friday, the press service of the Lviv City Council reports.
According to the decision, the tariff is set at UAH 101 per trolleybus kilometer and UAH 119 per car kilometer. Lvivelectrotrans will be paid for the transportation work performed from June 1 this year.
“The company will calculate the total cost of the transportation work performed: the number of kilometers traveled by electric vehicles will be multiplied by the corresponding cost per 1 km of work. From this amount will be deducted Lvivelectrotrans’ revenue from the services provided and compensation for preferential transportation,” said Oleh Zabarylo, director of the City Council’s Department of Urban Mobility and Street Infrastructure.
According to him, starting from June 2024, the city authorities will pay the difference between the cost of the transportation work performed and the company’s total revenues from the provision of services, including to privileged categories of passengers, so that the company can operate and develop.
Mr. Zabarylo also noted that there is no legal framework for paying road carriers for transportation work in Ukraine, and the relevant bills are only being developed.
Earlier, the Lviv City Council allocated UAH 136 million from the budget to pay for the transportation work of Lvivelectrotrans.
Lviv Locomotive Repair Plant (LRP), a part of Ukrzaliznytsia, plans to repair 21 locomotives in 2024, compared to 12 in 2023, according to the company’s financial report for the previous year.
According to LLRZ, it is also planned to increase the repair of traction engines and their anchors by 14% or 34 units to 274 units.
At the same time, the production plan for the repair of wheelsets is 445 units, compared to 549 units repaired last year, and auxiliary electric machines – 99 units (103 in 2023).
According to LLRZ, in 2023, the share of locomotive repairs in total production was 54%, wheelsets – 22%, traction motors – 15%, and electric motor armatures – 3%.
In 2023, the plant earned UAH 15.47 million in net profit against a loss of UAH 17.22 million a year earlier, with net income growing by 28.2% to UAH 595.5 million.
The company sold 13 repaired locomotives (58% of sales), 501 wheelsets (21%), 158 traction engines (13%) and 48 anchors (2%).
Founded in 1861, LLRZ is now a major Ukrainian enterprise for the repair of electric locomotives, traction engines, and wheelsets.
Cardboard and Paper Company LLC (Lviv), a major Ukrainian producer of cardboard tubes, produced products worth UAH 194 million in January-February 2024, down 3.7% year-on-year.
According to statistics provided to Interfax-Ukraine by UkrPapir Association, the company reduced its output of cardboard products by 13.8% in physical terms to 4.11 thousand tons, while it increased its production of paper base for sanitary products by 65% to 1.58 thousand tons. The production of toilet paper in rolls increased by 13.2 percent to 0.9 million units.
LLC Cardboard and Paper Company produces products and semi-finished products from waste cardboard (cardboard sheets, corners, sleeves), cellulose and recycled waste paper (toilet paper, towels, napkins under Papero brand). The company supplies its products, in particular, to the EU countries.
Among its customers are Biosphere, Arterium, Nestle, Khlibprom, Yarych confectionery, and Galychyna dairy company.
As reported, in 2023, the company increased its production by 7% compared to 2022, to UAH 1.27 billion.
Ukrzaliznytsia JSC is introducing additional flights between Kyiv, Lviv, and Ivano-Frankivsk on February 16-18 in response to increased demand, the company reports.
“Although February is traditionally considered a ‘low’ season of mobility, we have recorded an increase in demand for travel on February 16-18. Therefore, we are already promptly scheduling additional flights between Kyiv, Lviv, and Ivano-Frankivsk, which will consist exclusively of new cars,” Ukrzaliznytsia said in a statement on its Telegram channel on Tuesday.
Reportedly, the number of seats on the Kyiv-Lviv-Ivano-Frankivsk route will be increased by train #195/196, which will depart Kyiv on February 16 and 18 at 07:37, Lviv at 14:46-15:06, and arrive in Ivano-Frankivsk at 18:18. The train will depart back from Ivano-Frankivsk on February 16 and 18 at 19:25, Lviv at 21:54 – 23:05, arriving in Kyiv the next day at 06:19.
“On February 16 and 18, train #192/191 Lviv-Kyiv will depart from Lviv to Kyiv, departing from the city of Lviv at 11:55 a.m. and arriving in the capital at 22:09 p.m.,” Ukrzaliznytsia informs.
Cardboard and Paper Company LLC (Lviv), a major Ukrainian manufacturer of cardboard tubes and sanitary products, increased its production by 7% in 2023 to UAH 1 billion 268.5 million compared to 2022.
According to UkrPapir Association statistics provided to Interfax-Ukraine, the company slightly reduced its output of cardboard products in physical terms to 26.4 thousand tons, while increasing its production of paper base for sanitary products by 12.6% to almost 8 thousand tons. Production of toilet paper in rolls increased by 49% to 6.1 million units.
At the same time, in December, the company reduced its paper and cardboard production by 35.5% compared to the same month in 2022, to 2 thousand tons, which is also almost 35% less than in November last year.
LLC “Cardboard and Paper Company” produces products and semi-finished products from waste cardboard (cardboard sheets, corners, sleeves), cellulose and recycled waste paper (toilet paper, towels, napkins TM Papero). The company supplies its products, in particular, to the EU countries.
Among its customers are Biosphere and Arterium corporations, Nestle, Khlibprom, and Yarych confectionery.
As reported, in 2022, the factory increased its commercial output by 51.5% compared to 2021, up to UAH 1 billion 186 million, without stopping work during the year. Net profit tripled to UAH 263.7 million.
