Business news from Ukraine

Business news from Ukraine

“European Insurance Alliance” will insure motor transport ”Ukrhydroenergo”

PJSC “Ukrhydroenergo” on December 4 announced its intention to conclude with IC “European Insurance Alliance” the contract of compulsory insurance of motor liability of owners of land vehicles.

According to the information on the web portal Prozorro, the price offer of IC “European Insurance Alliance” amounted to UAH 773.3 million at the expected cost of the purchase of services of UAH 790.27 thousand. IC Krajina participated in the tender with the offer of UAH 774,4 th.

 

 

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“Ukrhydroenergo announced a tender for insurance of motor transport of its branches

PJSC “Ukrhydroenergo” on November 28 announced a tender for insurance of motor vehicles of its branches. According to the information on the Prozorro portal, the expected cost of purchasing services is UAH 3.322 mln.

Documents for participation in the tender are accepted until December 6.

 

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“Ukrhydroenergo” and AECOM sign memorandum on joint restoration of hydropower generation

During the Ukraine Recovery Conference in Berlin, Ukrhydroenergo and the international corporation AECOM signed a memorandum of cooperation in the implementation of projects aimed at restoring and reconstructing hydropower facilities.

According to the website of the operator of Ukrainian hydroelectric power plants and pumped storage plants on Tuesday, AECOM will act as a technical consultant for the restoration of Ukraine’s hydropower infrastructure.

“AECOM has many years of professional experience in the development, design and reconstruction of hydropower facilities and dams around the world. The signing of the Memorandum and our cooperation will be another important step in the restoration of the damaged Ukrainian energy infrastructure in general, and hydropower generation in particular,” said Ihor Syrota, CEO of Ukrhydroenergo, as quoted in the company’s statement.

According to him, the signing of the memorandum will also help create incentives and guarantees at the state level to attract investment and innovative technologies in the energy sector.

“We are proud to cooperate with Ukrhydroenergo, and we are strengthening our role in supporting the restoration of Ukraine’s critical infrastructure,” AECOM CEO Troy Rudd said, as quoted by the press service of Ukrhydroenergo.

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“Ukrhydroenergo announces tender for CASCO

On April 5, Ukrhydroenergo announced a tender for voluntary motor vehicle insurance (CASCO) for the branches of the Cascade of Kyiv HPPs and PSPs, according to the Prozorro electronic public procurement system.

The expected value of the insurance services procurement is UAH 192.041 thousand.

The deadline for submitting documents for the tender is April 15.

“Ukrhydroenergo operates all major hydroelectric power plants located on the Ukrainian sections of the Dnipro and Dniester rivers. The total installed capacity of the company’s hydroelectric power plants is 5,744.8 MW. The state, represented by the Ministry of Energy, owns 100% of the company’s shares.

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“Ukrhydroenergo” paid almost UAH 8 bln in taxes to state budget in 11 months

In 11 months of 2023, Ukrhydroenergo paid UAH 7.9 billion in taxes, duties and other mandatory payments to the state budget, including UAH 2.2 billion in dividends.

According to the company’s press release on Tuesday, in addition to taxes, direct assistance to the Armed Forces amounted to more than UAH 200 million during the year.

“In the context of confronting the aggressor, one of the main tasks of all enterprises, regardless of ownership, is to pay taxes in full and on time. This is primarily additional funds for the resilience of the Armed Forces, social support for Ukrainians affected by the Russian armed aggression and the restoration of our country,” Ukrhydroenergo emphasized.

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Ukrhydroenergo and Canadian AECON sign Memorandum of Cooperation in Canada

Ukrhydroenergo and Canadian company AECON Construction Global Services Incorporated (AECON) have signed a Memorandum of Understanding in Ottawa, Canada, on cooperation in the construction of hydroelectric power plants in Ukraine.

According to the press service of the President of Ukraine, the Memorandum was signed by Ihor Syrota, CEO of Ukrhydroenergo, and John M. Beck, founder and chairman of AECON Group Incorporated.

The signing took place in the presence of President of Ukraine Volodymyr Zelenskyy and Prime Minister of Canada Justin Trudeau.

The document provides for the study of the possible participation of the Canadian AECON in the construction of the Kanivska PSP and Kakhovska HPP.

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