Business news from Ukraine

AVTOKRAZ SHIPS SEVEN CHASSIS TRUCKS TO AFRICA

KYIV. Jan 4 (Interfax-Ukraine) – Public joint-stock company AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian producer of heavy trucks, shipped a batch of KrAZ-6322 6х6 chassis with single tires to the customer in Africa.

The company said in a press release that all the vehicles have right-hand steering.

AvtoKrAZ Spokesperson Dina Stehantseva told Interfax-Ukraine that seven chassis were sent to the customer. In compliance with customer’s requirements they are provided with Deutz engine rated at 272hp and A/C unit. The vehicles customized to meet customer’s requirements differ from mass-produced versions: they feature chassis with low-mounted towing device, bent spring beam, wide tropicalized tires and other things.

The KrAZ-6322 chassis cabs will be provided with special equipment.

On the New Year’s Eve KrAZ workers have added a new vehicle to KrAZ lineup, the KrAZ-7233С4 8х4 four-axle cabover dump truck.

The KrAZ-7233С4 dump truck is used for carrying bulk cargoes having specific weight of up to 2 tonnes per cubic meter in road and industrial construction and mining activity.

This cabover truck is provided with powerful engine meeting Euro-5 emission standard, 20 cubic meters half-round dump body with rear tailgate. Load carrying capacity of this giant is up to 26 tonnes, curb weight – 15.5 tonnes and gross weight – 41.5 tonnes.

“The new four-axle dump truck is on a par with its foreign counterparts in terms of performance. Adding this model to its lineup KrAZ hopes to substitute imported vehicles with efficient national ones,” the press service said.

AvtoKrAZ makes 33 basic vehicle models, and more than 260 modifications and trim levels for civilian and military vehicles.

MOLDOVA GREEN-LIGHTS DAIRY, MEAT, FISH, EGGS EXPORTS BY 35 UKRAINIAN PRODUCERS – UKRAINIAN AGRARIAN MINISTRY

KYIV. Jan 4 (Interfax-Ukraine) – Thirty-five Ukrainian companies that make products of animal origin have received permits for exports to the Republic of Moldova.

“Nineteen diary producers, 11 manufacturers of meat products, three manufacturers of fish products, and two companies that produce eggs and products made of eggs have received the permits,” Agrarian Policy and Food Minister Oleksiy Pavlenko wrote on Facebook.

He said that this decision had been taken by Moldova’s National Food Safety Agency jointly with Ukrainian experts after the examination of the producers.

Pavlenko claims access to the Moldovan market opens wide opportunities for the development of production in the mentioned sector, while also encourages producers to improve the quality of products.

“The fact that our producers have received relevant permits to export their goods to Moldova this time has confirmed the compliance of Ukrainian products with international norms and standards, which lets us significantly expand sales markets and boost the export potential of the domestic agricultural sector,” the minister said.

AGREEMENT ON FTA BETWEEN UKRAINE, EU COMES INTO FORCE

KYIV. Jan 4 (Interfax-Ukraine) – The agreement on a deep and comprehensive free trade area (FTA) between Ukraine and the European Union on January 1, 2016 came into force after a one-year pause the parties took at Russia’s request for consultations with the country, which failed.

The document was signed on June 27, 2014 as part of the broader Association Agreement.

According to Ukraine’s Ministry of Economic Development and Trade, the FTA eliminates 97% of tariffs on Ukrainian goods and reduces the average tariff on Ukrainian exports from 7.6% to 0.5%.

As for the reduction of import duties on European products, Deputy Economic Minister, Trade Representative of Ukraine Natalia Mykolska has recently stated the entry into force of the FTA would not lead to a large inflow of European goods.

“The Ministry of Economic Development and Trade jointly with the National Bank have developed a forecast for the development of the Ukrainian market after the entry into force of the FTA Agreement with the EU. According to our data, there won’t be a collapse of the national goods market and a huge influx of European goods,” she assured.

UKRAINE, BELARUS AGREE ACTION PLAN ON LIFTING RESTRICTIONS IN MUTUAL TRADE

MINSK. Dec 30 (Interfax-Ukraine) – The action plan of Minsk and Kyiv to lift restrictive measures in mutual trade was agreed at the second meeting of the Ukrainian-Belarusian high level working group in Minsk on Monday, the press service of the Foreign Ministry of Belarus has reported.

“At the meeting the sides agreed the action plan to lift restriction in mutual trade, including the decision of Ukraine to introduce a special duty of 39.2% on some Belarusian goods exported to Ukraine from January 20, 2016,” the press service said.

First Deputy Foreign Minister of Belarus Alexander Michnevich headed the working group from Belarus and Deputy Minister of Economic Development and Trade, Trade Representative of Ukraine Natalia Mykolska headed the group from Ukraine.

Mykolska said that on December 26, 2015 the Ukrainian president signed the law on measures to stimulate foreign economic operations that revokes the additional imports duty from January 1, 2016.

TEN UKRAINIAN COMPANIES PERMITTED TO SUPPLY DAIRY PRODUCTS TO EU FROM JAN 10

KYIV. Dec 30 (Interfax-Ukraine) – The Agricultural Policy and Food Ministry of Ukraine has informed that ten companies received permits to supply dairy products to the European Union (EU).

“The European Commission published the decision on the inclusion of our milk and dairy companies into the official list of authorized exporters to the EU. The permit will take effect on January 10, 2016,” Deputy Agricultural Policy and Food Minister for European Integration Vladyslava Rutytska wrote on her Facebook page.

The permits were issued to Lustdorf, Molochniy Dim, Yahotyn Butter Factory, Lactalis-Mykoliav, Hadiachsyr, private enterprise Ros – branch of Romny Dairy Factory, Zolotonosha Butter Factory, private enterprise Prometey Consulting Firm – branch of Mena Cheese, Lviv cold store complex and Zhytomyr Butter Factory.

AZOVELEKTROSTAL RESUMES OPERATIONS AFTER A YEAR OF INACTIVITY

KYIV. Dec 29 (Interfax-Ukraine) – PJSC Azovelektrostal (Mariupol, Donetsk region), part of Azovmashinvest Holding, in the framework of commissioning works on the launch of the main equipment after a year of inactivity has conducted test smelting in the DSP-25 furnace, making the first three of the twelve parts ordered by ArcelorMittal Algeria.

“According to the production plan for December, the manufacture of the most massive and the most difficult article – a 5.4 m diameter cone – is scheduled for December 27-28,” the press service said citing director general of the plant Oleksiy Popov.

In addition, the plant is working on more than 20 orders for the production of castings for heavy mechanical engineering in cooperation with PJSC Azovzahalmash, and this is more than 700 tonnes of finished products for domestic and foreign steel companies.

The plant continues preparatory work for the launch of a molding line for the production of large wagon casting, which is to be automatically launched in late January-February 2016.

According to a press release, Azovelektrostal from December 23 also started the reorganization of the staff structure of the enterprise to bring the number of employees in compliance with the current production targets of the plant.