Business news from Ukraine

Business news from Ukraine

PERSEY ENERGO TO BUILD BIOGAS PLANT IN UKRAINE

Persey Energo LLC intends to build a biogas plant with an electrical capacity of 12 MW at Persey Agro farm (Ivano-Frankivsk region).
This is evidenced by the report about the planned activities in the unified register of environmental impact assessment, posted on the website of the Ministry of Ecology and Natural Resources.
It is planned that the plant will recycle organic waste from agriculture and animal breeding. It is assumed that the plant will generate 12 million kWh of electricity and 7.288 million kWh of heat per year.
According to the state register of legal entities, at the end of March the founders of Persey Energo LLC, registered in 2018, were five individuals and Alliance-Invest IF LLC. Persey Agro belongs to Volodymyr Slobodian.

, , ,

EUROCAR PLANT SEES 2.6-FOLD RISE IN NET PROFIT

Eurocar (Solomonove, Zakarpattia region), manufacturing Skoda passenger cars, part of Atoll Holding Group, tentatively saw UAH 182 million in net profit in 2018, which is 2.6 times more than in 2017.
According to the information attached to the agenda of the general meeting of shareholders scheduled for April 25, its uncovered loss as of early 2019 totaled UAH 1.11 billion (UAH 734.24 million in 2017).
According to the draft decision of the shareholders, it is planned to send net profit for 2018 to cover losses of the previous years.
In 2018, Eurocar saw a 7.3% rise in current liabilities, to UAH 372.93 million, while noncurrent liabilities slightly grew to UAH 1.625 billion.
Total receivables as of January 1, 2019 accounted for UAH 426.61 million, falling by 22.4%, and its assets grew by 50.2%, to UAH 2.303 billion.
Net worth as of early 2019 was UAH 304.42 million, while a year ago it was negative – UAH 429.438 million. The charter capital did not change, being UAH 234.48 million.
Eurocar has been manufacturing passenger cars since December 2001.

, ,

BIOPHARMA STARTS COMMISSIONING WORK AT NEW PLANT IN BILA TSERKVA

Biopharma, a manufacturer of products from human donor plasma, has begun commissioning work at a new fractionator plant, which is being built in Bila Tserkva (Kyiv region).
“Biopharma has started commissioning work at the new plant,” Kostiantyn Yefymenko, the head of the board of directors of the Biopharma group of companies, said on his Facebook page.
According to him, at present, the plant has already launched warehouses for raw materials and finished products, while systems for water supply, chilled water, water for injection, steam, diethylene glycol, compressed air, purified air, neutralization of waste water are being tested.
As reported, investment in the construction of a new plant fractionator of blood plasma amounted to about $50 million. The plant will have three lines for the production of albumin, immunoglobulin, and factor VIII. The processing capacity ranges from 250,000 to one million liters of plasma per year. Biopharma planned to put it into operation at the end of 2018.
Biopharma immunobiological pharmaceutical company is among the ten largest Ukrainian manufacturers of drugs. It produces more than 20 immunobiological preparations from donated blood plasma, preparations obtained by recombinant DNA technology and probiotics.

, ,

ALFA SMART AGRO INSTALLS HERBICIDE LINE AT BILA TSERKVA PLANT

Alfa Smart Agro has installed an herbicide suspension emulsion line at the Bila Tserkva Preparative Forms Plant (Kyiv region). According to a report of the company, the production capacity of the line is around 20 tonnes of finished products a day. The line is installed in a separate workshop where only herbicides are produced. Thus, the possibility of cross-contamination during the production of herbicides and other types of crop protection agents is completely excluded.
In the press release the company said that the preparative forms that will be manufactured at the new line have formulations developed by Alfa Smart Agro scientists. The first product to be produced at the new line will be the two-component soil herbicide under the Oscar Premium trademark.
Alfa Smart Agro is a manufacturer of crop protection agents and micronutrients. The company has a plant for the production of micronutrients and crop protection agents in Bila Tserkva (Kyiv region) with an annual capacity of about 12,000 tonnes of products.

, , ,

NEW CERAMIC TILE PLANT IS LAUNCHED IN KYIV REGION

The Epicenter K Group (Kyiv) has invested UAH 3 billion in construction of the largest ceramic tile plant in Kalynivka (Kyiv region) and plans to launch the first phase in the middle of 2019, the founder of Epicenter K LLC Oleksandr Hereha said at a briefing. “We are developing our [white clay] quarry. We will fully use Ukrainian raw materials in the production of tiles… We also signed a second contract for the supply of equipment in Kalush, Lviv region, where we will build a second [ceramic tiles] plant,” he said.
According to Hereha, the SACMI international group acted as the anchor partner for the supply of equipment to the plant, which, in connection with the implementation of this project, decided to open an official representative office and service center in Ukraine.
The second phase of construction is scheduled for 2020.
“The production capacity of the first and second phases of the plant will amount to 6 million square meters of tiles per year, with the possibility of expanding it to 15 million square meters,” Deputy Director of Epicenter K for customs issues Volodymyr Pidrushniak said. The facility is located on a land parcel of 20 hectares near the Kalynivka customs terminal and the warehouse complex of the Epicenter group. According to the press release of the group, the total area of the plant is 70,000 square meters, and its annual production capacity is 12 million square meters tiles. Some 300 people will be hired.
Epicenter K was created in 2003. The first construction hypermarket of the company was opened in Kyiv in December of the same year.

, ,

CAPACITIES OF ODESA PORT-SIDE PLANT COULD BE USED FOR GRAIN HANDLING – OFFICIAL

The supervisory board of Odesa Port-Side Plant (Yuzhne, Odesa region) next week will consider the possibility of launching grain handling at the plant’s facilities, First Deputy Board Chairman Mykola Schurikov has said on the MIG local TV channel.
“Today, at the plant’s facilities, it is possible, among other things, to transship the grain. We have the facilities and a huge resource to do it. This will give an opportunity to engage the team,” he said.
According to him, the grain transshipment could be done on the basis of urea transshipment or use for this new activity 3.2 hectares of land, available at the company, with the possible construction of a silo.
Schurikov said that the expanded meeting of the supervisory board will be held in Kyiv together with the trade union committee of the enterprise in connection with the critical situation that is seen at the plant.
He said that the main issue that will be addressed at the meeting is how to preserve chemical production and the staff, whose number has already decreased from 4,000 to over 2,800.

, ,