Business news from Ukraine

Business news from Ukraine

YUZHNY PORT FULFILLS MARCH FINANCIAL PLAN BY 224%

Yuzhny port’s fleet received more than UAH 24 million in income in March 2020, the enterprise’s press service has said.
According to Yuzhny, the figure obtained is 224% of the monthly financial plan. This result of the work was ensured by a large number of ship calls and fire-fighting services for cargo operations at berth No. 3H of Yuzhny port.
Earlier, the port reported that in March 2020 the company handled 1.777 million tonnes of cargo, which exceeds the previous absolute record for a monthly transshipment of 1.650 million tonnes in March 2014 by 127,200 tonnes.
Over the past month, the company accepted 25 vessels, 14 of which are vessels of the Capesize type. The number of large-capacity bulk carriers with a deadweight of more than 150,000 tonnes doubled compared to March 2019.
Darnitsa pharma company purchases hydroxychloroquine, awaits delivery to Ukraine
KYIV. April 8 (Interfax-Ukraine) – Darnitsa pharmaceutical company (Kyiv) purchased hydroxychloroquine for production of medicines and awaits its delivery to Ukraine, Board Chairman of Darnitsa Group Dmytro Shymkiv has said.
“We are already transporting the active substance, namely hydroxychloroquine, to Ukraine. We managed to reserve it for ourselves at a time when most countries closed the export of this substance,” he told Interfax-Ukraine.
Shymkiv said that Darnitsa pharmaceutical company is ready to produce hydroxychloroquine medicines, however, “the main precondition for this is active steps in regulatory matters from the Health Ministry,” he said.
Shymkiv said that Darnitsa specialists studied the experience of treating the coronavirus disease (COVID-19) in China, European countries and the United States, where patients infected with COVID-19 using medicines with hydroxychloroquine are treated as part of clinical trials. Moreover, a precondition for such therapy is the patient’s consent to treatment with the experimental medicine.
“Today, we expect the Health Ministry to follow the measures prescribed in the new laws on health protection and on medicines, which came into force on April 1, 2020. Then we can move on,” he said.
Darnitsa pharmaceutical company is one of the ten largest pharmaceutical manufacturers in Ukraine and the top ten largest hospital suppliers.

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DELTA WILMAR TO BUILD NEW BERTH AT YUZHNY PORT

The Ukrainian Sea Ports Authority and Delta Wilmar CIS have signed amendments to the memorandum and defined priority areas in implementing the next public-private partnership project at Yuzhny seaport.
According to the report on the agency’s website, it is planned that private investors will build new berth No. 37 in the port, a plant for processing soybeans, as well as storage and handling facilities for handling bulk agricultural cargo. The agency, in turn, will conduct dredging works to create an operational water area and an approach channel to the new pier.
According to the plans of Delta Wilmar CIS, the new plant for processing soybeans will have a capacity of up to 2,000 tonnes per day, a terminal for the accumulation and simultaneous storage of grain and meal for 40,000 tonnes.
Delta Wilmar CIS LLC was established in 2004. It specializes in the production of oil and fat goods and ingredients for bakery, confectionery and dairy products.

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STEVEDORING COMPANY TIS ALLOWS PARTICIPATION IN YUZHNY PORT CONCESSION

TIS Port (the stevedoring company operating in Yuzhny port, Odesa region) allows participation in the concession of Yuzhny port if the necessary law is adopted. “Yes, it is quite possible that it will be Yuzhny port,” co-owner and CEO of TIS Andriy Stavnitser said in an interview with Interfax-Ukraine. Speaking about smaller ports, he noted that, in his opinion, Ukraine does not need as many ports, and some of them can be closed, and some can be reformatted.
“Kherson, Izmail, Bilhorod-Dnistrovsky – there could be tourist zones, yacht clubs there, for example, which would bring revenues but not losses to the state,” Stavnitser said.
Asked about the considerations on the basis of which Kherson and Olvia ports were made pilot for concession, he noted that it is probably more visible for the Ministry of Infrastructure, but stressed that TIS won’t participate in any of these concessions.
“Not because we are so big, deep-water and do not notice anything else around. There are simply ports whose maintenance costs the state more than profits from them,” Stavnitser summed up. As reported, the Verkhovna Rada adopted as a basis bill No. 8125 on concession.

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