Business news from Ukraine

Business news from Ukraine

Naftogaz in Lviv is implementing a project for construction of a thermal power plant on wood chips for UAH 1 billion

NJSC Naftogaz of Ukraine is implementing in Lviv, together with the city council, a project for the construction of a CHP plant on wood chips, which is planned to be put into operation by February 2023.

“I am sure that by February the CHPP will be operational. It will take a few months instead of a year and a half. NAC helps with the implementation of this project both in financing and in development. several months,” Naftogaz head Yuriy Vitrenko said at a briefing during a visit to the Lviv region on Friday.

As the correspondent of “Energoreforma” reports, according to Vitrenko, the NAC, which is implementing a number of similar projects in Ukraine, is ready to support other cities in this direction. ‘We have an interest in investing in such projects in order to import less gas at enormous prices. The implementation of such projects is beneficial both economically and in terms of ecology,” Vitrenko explained.

At the same time, he noted that both the Lviv authorities and the NAC itself also have a number of agreements in order “to then attract funds from IFIs for such projects.”

Lviv Mayor Andriy Sadovoy noted that this would be the city’s first powerful thermal power plant running on alternative fuels, which would cover about a quarter of its heat needs. “We planned such a project with the EBRD for a long time, but according to their classical procedures, we could only start it next year. But the Russian aggression intensified the thought process so much that we came to an agreement with Naftogaz,” Sadovoy explained.

According to him, the participation of the national company, which is the market leader, gives more opportunities and priorities, including in obtaining equipment.

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Lviv “Cardboard and Paper Company” for 8 months. increased production volume by 44%

Cardboard and Paper Company LLC (Lviv), a major Ukrainian manufacturer of cardboard sleeves and sanitary and hygienic products, in January-August increased its production by 44.2% compared to the same period in 2021 – up to 724, UAH 94 million
According to the statistics of the UkrPapir Association, provided to the Interfax-Ukraine agency, the company thus maintains an increase in this indicator (more than 44%) compared to the same period last year (according to the results of 7 months, it was 44.7%).
In pack terms, the company increased the output of base paper for sanitary products by 8.5% to 4.8 thousand tons, while increasing the output of toilet paper in rolls by 42.8% to 2.65 million pieces.
The output of cardboard products increased by 2.7% – up to 17.8 thousand tons.
At the same time, in August, the factory increased the production of paper and cardboard by 23% compared to August 2021 – up to 3.16 thousand tons.
As reported with reference to the statistics of UkrPapir, the factory continued to work all months from the beginning of the year, reducing the production of paper and cardboard in March (by March 2021), but in April it already switched to positive dynamics, which it maintained in the following months.
Cardboard and Paper Company (until 2011 – Lvivkartonoplast) produces products and semi-finished products from recycled cardboard (cardboard sheets, corners, sleeves), cellulose and recycled waste paper (toilet paper, towels, napkins (TM Papero).
In 2021, the company produced products worth UAH 782.7 million, which is 47% more than a year earlier.

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Lviv “Cardboard and Paper Company” for 7 months. increased production volume by 45%

Cardboard and Paper Company LLC (Lviv), a major Ukrainian manufacturer of cardboard sleeves and sanitary and hygienic products, increased production by 44.7% in January-July compared to the same period in 2021 – up to 616, UAH 41 million
According to the statistics of the UkrPapir Association, provided to the Interfax-Ukraine agency, in this way the company slightly accelerated the growth rate of this indicator compared to the same period last year (according to the results of the first half of the year, it was 42%).
In pack terms, the company increased the output of base paper for sanitary products by 10.8% to 4.14 thousand tons, while increasing the output of toilet paper in rolls by 46.6% to 2.35 million pieces.
The output of cardboard products decreased slightly (by 1%) – to 15.31 thousand tons.
As reported with reference to UkrPapir statistics, the factory continued to work all months from the beginning of the year, reducing the production of paper and cardboard in March (compared to March 2021), but in April it already switched to positive dynamics, which it maintained in the following months.
Cardboard and Paper Company (until 2011 – Lvivkartonoplast) produces products and semi-finished products from recycled cardboard (cardboard sheets, corners, sleeves), cellulose and recycled waste paper (toilet paper, towels, napkins (TM Papero).
In 2021, the company produced products worth UAH 782.7 million, which is 46.7% more than a year earlier.

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ANOTHER MODULAR CAMP FOR INTERNALLY DISPLACED PERSONS OPENED IN LVIV REGION

The fifth modular camp for internally displaced persons (IDPs) was opened today in the territory of the Lviv region, the press service of the Lviv regional military administration reports.

A small town for 13 families was built in the village of Bortyatyn, Sudovyshnyanskaya UTC, Yavorovsky District.

“Thanks to the cooperation of our international partners and local authorities, today 40 more mothers with children and elderly people from the Luhansk and Donetsk regions have received comfortable and safe living conditions,” Maxim Kozitsky, head of the Lviv regional military administration, was quoted as saying in the message.

The campus consists of 10 interconnected containers – 5 residential and 5 utility rooms. The houses have all the conditions for living, kitchens, bathrooms and showers. A children’s playground has been set up on the premises.

The town was built as part of a memorandum of cooperation between the regional military administration and the Safe Pass Group charitable foundation.

At present, 4 modular camps for IDPs have been built in the region, another one is being built in the Stryi UTG, two projects are under development. Earlier, the Academy of Construction of Ukraine announced the launch of a project for the rapid construction of housing in the format of 8-apartment buildings for Ukrainians who lost their homes. The construction of such housing takes about 60 days. m, a plot has already been allocated in the Buchansky district for the pilot implementation of two houses.

“The cost of the house, including construction, engineering, exterior and interior decoration, furniture, household appliances and climate engineering equipment, will not exceed $750 per square meter. This is an ambitious figure and difficult to achieve, but we have confidence in our suppliers, thanks to whom we we can count on such a prime cost,” said Ivan Peregynets, academician of the Academy of Construction of Ukraine, director of the scientific and technical center, during a press conference at the Interfax-Ukraine agency.

According to the academician, the garden partnership “Solnechnoye” in the Buchansky district of the Kyiv region decided to allocate a land plot of 0.1 hectares for the pilot construction of two houses of the “Biden” project. The sites already have engineering and transport infrastructure. Construction is scheduled to begin before July 1. According to the project, the area of one apartment in such a house is 60 square meters. m. The cost of such an apartment, including a parking space, will be about $45,000.

To finance the project, a special fund “International Construction Fund “Ukraine” was created.

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LVIV CONFECTIONERY FACTORY “SVITOCH” CONTROLLED BY NESTLE WILL CHANGE ITS LEGAL FORM OF ACTIVITY

JSC “Lvov confectionery factory “Svitoch” (Lviv), controlled by Nestle and one of the largest manufacturers of confectionery products in Ukraine, will change its legal form of business from a joint-stock company (JSC) to a limited liability company (LLC).
The corresponding decision at the meeting on July 8 was made by the sole beneficiary owner of the enterprise – the company “Societte De Produit Nestle S.A.” (Societe Des Produits Nestle S.A.), according to the NCKBFR website on Tuesday.
“First of all, we want to assure you of the continuity and continuity of our business activities. We have no plans to stop such activities. On the contrary, the simplification of the company’s management system will lead to an improvement in the efficiency of such management,” the company said in a statement.
“Svitoch” clarified that all obligations assumed by it in accordance with the law and agreements with partners remain in force and will be fulfilled in full and within a certain period – either JSC “Lviv Confectionery Factory “Svitoch”, or its successor LLC “Lvivskaya confectionery factory “Svitoch”
Nestlé owns a 96.96% stake in the Svitoch confectionery. The Nestle group of companies in Ukraine also unites Nestle Ukraine LLC, Volynholding PrJSC (Torchin TM), Technocom LLC (Mivina TM).
Svitoch received UAH 70.44 million in net profit in 2020, and its revenue amounted to UAH 2.56 billion.

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UFUTURE PLANS TO INVEST $20 MILLION IN CREATION OF INDUSTRIAL PARKS IN LVIV, VINNITSA AND BUCHA

The holding company UFuture intends to invest $20 million in the creation of industrial parks in Lviv, Vinnitsa and Bucha, UFuture founder Vasily Khmelnitsky said in an exclusive interview with Interfax-Ukraine.
“I am considering plots for industrial parks, meeting with mayors. In Lvov and Vinnytsia, plots of 15 hectares, in Bucha – 20 hectares. In total (estimated investment) may be $ 20 million,” Khmelnitsky said.
In his opinion, these starting areas are too compact.
“Why is this not enough? What is 15 hectares? This is approximately 8-10 factories. And when you have built 10 factories and everything is fine there, then every year the place becomes even more attractive. An investor comes there who is satisfied with security and benefits, wants to build plant, and you already have nothing. Therefore, industrial parks need to be produced on areas of 100-200 hectares, but, unfortunately, there are not very many such sites, “Khmelnitsky said.
Regarding the sources of capital in the conditions of war, he said that he was counting on his own and credit resources.
“Today, almost nothing works for me, but I still have something, because I’m a rather big businessman. I met with a bank, which also has a difficult situation, we agreed that I would pay 50% on loans. “I’ll take some more loans from the bank. There are programs of 5, 10, 7%, this is set for economic growth, I think we need to give some soft loans,” Khmelnytsky said.

The full text of the interview with Vasily Khmelnytsky is published on the main page of the website of the Interfax-Ukraine agency

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