Ukraine and France have signed an intergovernmental agreement on the manufacture and technical maintenance of a batch of patrol boats, Ukrainian Interior Minister Arsen Avakov said.
“On behalf of the Ukrainian government the agreement was signed with French Interior Minister Christophe Castaner (EUR 136.5 million) on the production and technical maintenance of 20 patrol boats. Five of them and all RIB-boats [rigid inflatable boats] will be built in Ukraine. We thanked France for the support in building up the maritime security and protection system,” Avakov wrote on Twitter.
France’s OCEA will manufacture the 32-meter-long patrol boats.
“Every fourth boat will be produced in Ukraine. We will thus protect the basins of our seas and owing to the production localization in Ukraine – provisionally, this will be one of the Mykolaiv-based plants – we will be able to restart the manufacture of boats with aluminum hulls. We hope that following this deal we will produce boats at the Mykolaiv plant on a permanent basis,” the press center of the Ukrainian State Border Service quoted the minister as saying.
Regal Petroleum plc, a British oil and gas company with assets in Ukraine, has previously agreed on the purchase of PrJSC Ukrnaftinvest scientific and production concern, which holds licenses for the development of Biloliska and Alibeisko-Trapivska oil and gas fields.
According to a statement on the London Stock Exchange’s website, the parties signed the memorandum on the purchase of Ukrnaftinvest, 50% in which is owned by each of Lidia Chernysh and Bolaso Investments Limited of Leonid Kozachenko, which foresees a deal worth up to $40 million.
As reported, in 2018 Regal increased its net profit by 23.6 times compared to 2017, to $54.3 million. The net profit indicator included, among other things, the restoration of the value of assets (in the amount of $36.1 million due to revaluation of the remaining reserves on MEX-GOL and SV deposits), impaired in the previous periods.
The majority shareholder of Regal, which owns 82.65%, is Pelidona Services Limited (Cyprus) from Smart-Holding Group of Vadim Novinsky. Another 6.95% stake is held by Pope Asset Management.
Ukraine and Turkey are planning to liberalize motor transportation services between the countries at the beginning of 2020, reads a post on the website of the Infrastructure Ministry of Ukraine following a meeting between Ukrainian Infrastructure Minister Vladyslav Krykliy and his Turkish counterpart Mehmet Cahit Turhan in London on Monday. The sides are preparing relevant documents, the ministry’s press service said.
The ministers also praised the countries’ dialogue on cooperation in the spheres of maritime search and rescue and air services.
Ukraine in January-September 2019 acquired nuclear fuel for a total amount of $259.132 million.
According to the State Statistics Service, in the nine months, Russian-made fuel for $158.496 million was purchased for Ukrainian nuclear power plants, while fuel worth $100.636 million was bought from Sweden.
Thus, the share of Ukrainian purchases of nuclear fuel for the indicated period from TVEL (Russia) in monetary terms amounted to 61.2%, from Westinghouse (Sweden) some 38.8%
Germany’s Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) has approved $20 million financing to Astarta agricultural holding.
“The project will help the company to secure long-term working capital financing and capital expenditure program,” the company said in a report on the Warsaw Stock Exchange (WSE).
According to a posting on DEG’s website, the financing is long-term one, but no other details are presented.
The German corporation said that some funds will be sent to buy newest equipment and modernization of production technology to cut natural resource consumption.
DEG is a subsidiary of Germany’s KfW development bank.
Astarta is a vertically integrated agribusiness holding operating in eight regions of Ukraine. The holding includes eight sugar factories, agricultural enterprises with a land bank of 243,000 hectares and dairy farms, a biogas plant and a soybean processing complex in Poltava region.
KMZ Industries (Karlivka Machine Building Plant, Poltava region) has won a tender for the supply of elevator equipment for a farm in Romania, which will be the first integrated supply of enterprise to the country of the European Union. According to information on KMZ Industries’ website, the production of elevator equipment (silos, transport and cleaning equipment) has already begun as part of the order, which will be delivered to the customer for installation in 2.5 months. At the same time, the value of the contract was not disclosed.
The press service of the company told Interfax-Ukraine that, in addition to local firms, large international companies such as AGI, Simaga and others, participated in the tender. In addition, this will be the first supply of Ukrainian elevator equipment to the EU.
“The agreement with the Romanian farm provides for the integrated supply of equipment for storing grain for further processing on the fish feed production line. This is a small amount compared to our orders, but very significant for us. In addition, the agrarian received partial funding for this supply from European funds who put forward very serious requirements for the quality of the equipment being financed,” Oleksandr Tkachenko, the head of the export business of KMZ Industries, said.
According to him, the plant plans to expand cooperation in this region.
