Business news from Ukraine

QATAR’S COMPANY WANTS TO BUY WIND AND SOLAR POWER PLANTS IN UKRAINE

The Antimonopoly Committee of Ukraine (AMCU) on January 21 will consider the applications of Nebras Power Investment Management B.V. (the Netherlands), a member of the Qatar group Nebras, for the acquisition of 50% and more in six companies operating solar and wind power plants of businessman Vasyl Khmelnytsky and his partners.

According to the committee’s agenda, the matter concerns providing 50% in Volyn West Wind-1 LLC, Volyn West Wind-2 LLC, as well as over 50% in Free Energy Henichesk LLC, Scythia-Solar-1 LLC, Scythia-Solar-2 LLC and Port Solar LLC.

The committee will also consider the issue of granting permission to Cyprus-based Enox Trading Limited and Serhiy Yevtushenko to establish Volyn Wind Cyprus Limited.

According to data on UDP Renewables’ website, SES Free Energy (18.3 MW) began generating electricity in November 2018, Scythia-Solar-1 (13 MW) in March 2019, Scythia-Solar-2 (33 MW) in July 2019, Port Solar (8.4 MW) in October 2019.

The declared capacity of two phases of Volyn West Wind is 57 MW and 56.8 MW.

UDP Renewables is an investment and development company in the renewable energy industry. The strategic investor in UDP Renewables is Vasyl Khmelnitsky’s holding company UFuture.

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SKHIDNY MINING CUTS URANIUM CONCENTRATE PRODUCTION BY 7.1% IN 2020

SOE Skhidny Mining in 2020 reduced the production of uranium oxide concentrate by 7.1% (or by 57.2 tonnes) compared to 2019, to 743.7 tonnes, according to the information from the unified public open data portal.
According to the enterprise, 93.6 tonnes of uranium concentrate were produced in January, 21.9 tonnes in February, 96 tonnes in March, 90 tonnes in April, 40 tonnes in May, 74.2 tonnes in June, and 86 tonnes in July, 77.3 tonnes in August, 58.4 tonnes in September, 7 tonnes in October, 92.5 tonnes in November, and 6.8 tonnes in December.
The deterioration of production indicators over the past two years was due to the periodic withdrawal of the company’s divisions to a forced downtime.
As reported, Skhidny Mining in 2019 reduced the production of uranium oxide concentrate by 32.1% (by 378.6 tonnes) compared to 2018, to 800.9 tonnes.
Skhidny Mining is the only uranium ore mining and processing enterprise in Ukraine and the largest in Europe.

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WORLD BANK TO PROVIDE UKRAINE WITH UAH 2.5 BLN FOR PURCHASE OF VACCINE AGAINST CORONAVIRUS

The World Bank will provide Ukraine with about UAH 2.5 billion to purchase a vaccine against coronavirus (COVID-19) disease, Deputy Health Minister Svitlana Shatalova said at a press briefing in Kyiv on Thursday.
“Ukraine will receive funds for the purchase of vaccines against COVID-19. Such assistance is provided by the World Bank. About UAH 2.5 billion is planned to be allocated for the new Ukraine Emergency COVID-19 Response and Vaccination Project,” she said.
“Relevant negotiations are being held between the Board of Directors of the World Bank and the government of Ukraine since December 2020. As part of the preparation of the project, the implemented vaccination strategy will be taken into account,” Shatalova said.

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UKRAINIAN UKRAVTODOR SELECTS TURKISH COMPANY TO BUILD NEW BRIDGE IN KREMENCHUK

The State Agency of Automobile Roads of Ukraine (Ukravtodor) during tenders in the state electronic trading system ProZorro has reduced the expected cost of building a new bridge in Kremenchuk (Poltava region) by 11%, or UAH 1.27 billion.

Ukravtodor reported the tender was won by the Turkish company Dogus Insaat Ve Ticaret with a final offer of UAH 11.249 billion – an agreement with it will be signed after the completion of all tender procedures.

“The fact that new international players appear in the road sector who are immediately ready to compete on equal terms with others is a sign of a healthy market. And another confirmation that the path we have chosen is working. I am sure that there are more such companies – and quality as well will grow,” Head of Ukravtodor Oleksandr Kubrakov said.

According to him, 95% of the materials that will be used in the construction of the bridge will be Ukrainian.

According to the feasibility study of the project, the new bridge will be cable-stayed, with four lanes, two in each direction. On the right bank of the Dnipro River, it will connect with the N-08 highway, on the left – with the existing street network of Kremenchuk. At these points, it is planned to build transport interchanges at different levels. The total length of the structures will be over 3 km.

Dogus Insaat Ve Ticaret will both design and build the new bridge crossing as the “design and build” tender was announced.

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UKRAINIAN POPULATION BY REGIONS AS OF SEPT 30, 2020 (GRAPHICALLY)

Ukrainian population by regions as of Sept 30, 2020 (graphically).

SSC of Ukraine

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UKRAINE CUTS IMPORTS OF PETROLEUM PRODUCTS BY 4.8% IN 2020

Ukraine in 2020 imported 8.023 million tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 4.8% less than in the same period of 2019.
According to the State Fiscal Service, petroleum products were imported in the amount of $3.397 billion, which is 36.1% less than in 2019.
Fuel imports from Russia amounted to $1.227 billion (a share of 36.13%), Belarus to $1.217 billion (35.81%), Lithuania to $395.84 million (11.65%), from other countries to $557.174 million (16.4%).
In addition, in 2020, Ukraine exported 298,745 tonnes (43.9% less compared to 2019) of petroleum products for a total amount of $128.205 million (52% less). The cost of fuel delivered to contractors from Latvia amounted to $25.809 million, Hungary some $10.559 million, Romania some $10.029 million, and from other countries some $81.808 million.

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