Business news from Ukraine

Business news from Ukraine

ZAPORIZHTRANSFORMATOR RESUMES SUPPLIES TO ARGENTINA

JSC Zaporizhtransformator (ZTR), a part of the Energy Standard group of businessman Konstantin Grigorishin, has prepared three single-phase shunt reactors ROM-55125/525-T1 for shipment under a contract with Transener S.A. (Argentina) for the supply of equipment for installation at the ET Puelches substation to replace the old one.
According to a message on the company’s website, thus, the enterprise resumes the supply of equipment to the market of this country after a more than six-year break.
“Zaporizhtransformator has been cooperating with Transener SA for a long time and has carried out more than one supply, but in general, the plant has been present in the Argentine market since the 70s, but the last order was completed in 2014. At the end of 2017, it was decided to return to this market, and representatives of the plant held negotiations on the resumption of cooperation with Argentine energy companies. The result was the victory in the tender and the signing of the contract,” the press service of the enterprise said.
Preparation for the tender and receipt of the order (the cost of which was not disclosed) lasted about six months. The main competitors in the tender were Brazilian manufacturers, in particular the ABB company.
“When supplying to South America, the lion’s share of the costs is logistics, which often makes manufacturers from other continents uncompetitive. Therefore, in order to compete with local manufacturers in a tender and provide the best price offer, Zaporizhtransformator managed to work with transport companies to work out the possibility of shipping reactors by container lines, which significantly reduced the cost of the logistics of the order and made it possible to compete with Brazilian companies,” the company said.
The circle of tender participants, according to the report, also narrowed due to the lack of experience in the design and production of similar equipment (single-phase reactors with a maximum voltage of 550 kV) for at least ten years, which allowed the enterprise “to compete in the tender only with serious companies.”
The message said that due to the worldwide coronavirus (COVID-19) pandemic, equipment tests took place online for the first time. Upon arrival of the reactors at the facility, it is planned to install and start up equipment in the presence of a representative of the ZTR service center.
JSC Zaporizhtransformator is a large manufacturer of transformer equipment, has experience in deliveries to 88 countries. It produces power oil transformers, electric reactors and controlled shunt reactors.
Transener S.A. is the leading Argentine company in the transmission of extra high voltage electric power.

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GAS SUPPLIES TO UKRAINE GROW 11%

Natural gas supplies to Ukraine grew 11% year-on-year in January-November 2020 to 15.6 billion cubic meters (bcm).
Gas Transmission System Operator of Ukraine (GTSOU) said 10.2 bcm of gas were received from Slovakia, up 12% year-on-year, 3.9 bcm from Hungary, up 10%, and 1.6 bcm, from Poland, up 12%.
Volumes of 3.1 bcm, 2.9 bcm and 1.1 bcm were imported from Slovakia, Hungary and Poland, respectively as virtual reverse flow or backhaul, which became available from the beginning of 2020.
According to GTSOU, 10.1 bcm of the gas imported since the beginning of the year were sent to underground gas storage facilities for storage in the customs warehouse mode, of which 6.1 bcm in the shorthaul mode with a preferential tariff for certain points, and 4 bcm in the border-customs warehouse mode. Active customs warehouse gas withdrawals and transportation to the EU began in November.
In general, 82 traders, 45 of them Ukrainian and 30 foreign, ordered gas transportation from the EU to Ukraine in January-November, and more than 50 customers used the shorthaul and customs warehouse services.

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AIPM UKRAINE ASKING ZELENSKY TO ORGANIZE GREEN ROUTE AT CUSTOMS CHECKPOINTS TO SPEED UP SUPPLIES

The association of international pharmaceutical manufacturers AIPM Ukraine has asked Ukrainian President Volodymyr Zelensky to organize a Green Route at customs checkpoints to speed up supplies of medicines in the conditions of panic of the population rushing to buy medicines over the spread of the coronavirus disease COVID-19.
“Manufacturers and importers of medicines, under the current conditions, are trying to meet the demand in full for the appropriate medicines,” the association said in a letter sent to the president.
AIPM Ukraine said that, according to information available from AIPM Ukraine member companies, queues at customs, in particular at the Yahodyn customs post, lead to a significant slowdown in the supply of necessary medicines.
“We ask you to contribute to solving this problem and ensure priority customs clearance of medicines by introducing an official” green corridor “for these categories of goods, as has already been done in the European Union in accordance with the recommendations of the European Commission,” AIPM Ukraine asked President Zelensky .
The association also pointed out the need to establish working interaction on this issue with the customs authorities of neighboring countries, such as Poland, to ensure a similar priority for the customs clearance of medicines at their customs posts to ensure imports to Ukraine.

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NATIONAL BANK OF UKRAINE APPROVES REQUIREMENTS TO SUPPLIES OF E-TRUST SERVICES

The National Bank of Ukraine (NBU) has approved a resolution on qualified providers of electronic trust services placed on the trust list under a proposal of the certificate authority, the NBU has reported on its website. According to the report, this document was drawn up with the aim of improving the quality, convenience and speed of customer service by banks, as well as to ensure compliance of the processes of providing electronic trust services with European and international standards. The resolution establishes the conditions for obtaining the status of a qualified provider and determines the requirements for the rules of its work, the composition of employees of the qualified provider and their functional responsibilities, as well as the requirements for managing access to information resources of the qualified provider. In addition, the document defines the requirements for the physical environment used by the qualified provider in the process of providing qualified electronic trust services and for ensuring the continuity of services provided by the qualified provider, as well as for managing keys of the qualified provider and using cryptographic information protection tools.
The new internal regulations of the certification center in order to bring the conditions of its activities in line with the requirements of the law on electronic trust services are outlined in the document. The document defines a list of qualified electronic trust services, the provision of which is provided by a certification center; organizational structure of the certification center; the procedure for entering of information/changes about providers into the trust list; certificate policy for the provision of qualified electronic trust services by the certification center; position of certification practices during the provision of a certified electronic trust service by a certification center.
The National Bank also canceled irrelevant legal acts regulating the activities of the NBU certification center and bank key certification centers in accordance with the terms defined in the law on electronic digital signature. The changes are outlined in NBU No. 137 resolution dated November 21, 2019 on the recognition of certain legal acts of the National Bank of Ukraine as invalid.

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SMUGGLED ELECTRONICS IN 2018 ACCOUNTS FOR 21% OF TOTAL SUPPLIES OF SMUGGLED GOODS TO UKRAINE – EXPERT

The commodity group “equipment and electronics” in 2018 was the leader in smuggling deliveries to Ukraine and accounted for 21.4% of the total volume of smuggled deliveries to the country. This was reported by the economist of the independent analytical group of macroeconomists Ukraine Economic Outlook, Hryhoriy Kukuruza, during the round table in Kyiv. According to him, the smuggling of this group of goods in 2018 amounted to $1.3 billion, which is 31% of the total imports of these goods ($4.1 billion).

At the same time, according to the expert, the market of technical consumer goods in the second quarter of 2019 showed an increase of 15% and amounted to UAH 21 billion.

Representatives of household appliance retailers present at the round table noted that the government, first of all, needs to fight not against smuggling but with its sale within the country. In particular, in their opinion, it is necessary to pass a bill that will prohibit the sale of smuggled goods in Ukraine.

“The reason for smuggling is uncontrolled domestic trade within the country. The goods are sold – no one knows about it … Therefore, it is necessary to create conditions so that no one needs smuggling,” Hennadiy Verbylenko, the chairman of the supervisory board of Comfy, said.

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INKERMAN WINE MAKER STARTS SUPPLIES TO CHINA

Inkerman Ukraine LLC plans to increase wine production to 7-8 million bottles per year in 2019 compared to 7 million bottles in 2018, director general of the company Hanna Horkun has said.
According to her, the company intends to open several export markets in 2019, in particular, China, Japan, the Baltic countries, Nigeria, and Poland.
“In the Ukrainian market, we rank third following Villa Krim and Koblevo, and our export share is still scanty. In 2018, we had a goal to stand on our feet in our domestic market. At the same time, we have been exporting goods to Canada for a long time, exported sparkling wine to Switzerland,” the expert said.
She noted that the first shipment to China will be in June 2019.
At the same time, this year Inkerman plans to increase its share in the domestic market by redesigning the classic collection, penetrating the regions and launching the new Prima Maria line.

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