Business news from Ukraine

EKONAVTIKA COMPLETES BUILDING LPG STORAGE COMPLEX LOCATED IN ODESA REGION

Ekonavtika LLC by the end of this year will commission a complex for LPG storage and transshipment located in Izmail district of Odesa region. The press service of Odesa Regional State Administration said the second stage of construction is currently being completed. The amount of investment in the project was EUR 4 million. In addition to engineering and transport facilities for receiving and storing liquefied petroleum gas, the complex allows transshipping gas to road, rail and river transport. The total capacity of the complex is 200,000 tonnes per year.
The territory of the complex is equipped with access railway tracks, a railway overpass and a tank farm. There is also a customs warehouse in the territory of the complex.

, , , ,

KYIV STATE ADMINISTRATION ANNOUNCES TENDER FOR BUILDING WASTE TREATMENT PLANT

Kyivkomunservis has announced a tender to determine an executor of services for processing and burial of household waste in the capital, the press service of Kyiv City State Administration has said. According to the tender documentation on the website of the company, the minimum capacity of the processing enterprise should be 426,000 tonnes, while the annual volume of household waste produced in Kyiv is 1.2 million tonnes. The new waste processing plant should be located near the geographical center of the capital.
Participants in the tender should have experience in creating and operating waste recycling facilities. The winner of the tender will be obliged to provide waste treatment services for at least 25 years from the time the facility is put into operation. According to the administration, applications for participation in the competition will be accepted from August 28, 2018.
The first stage of the tender is the assessment of contestants’ complying with the qualifying conditions, it will begin in late September. The second stage involves evaluating proposals from participants in the competition. As reported, with reference to Kyiv Mayor Vitali Klitschko, the new waste processing plant in the capital is to be built within the next two or three years.

, ,

BUSINESSMAN KHMELNYTSKY’S UFUTURE INVESTS $18 MLN IN BUILDING 18 MW SOLAR PLANT

UDP Renewables, part of UFuture Group of Vasyl Khmelnytsky, has built a solar power plant with an installed capacity of 18 MW in Kherson region, the businessman said on his Facebook page. “UDP Renewables has built an 18 MW solar plant in Rykove (Kherson region). Considering the fact that the Kherson sun is much more efficient than in Kyiv, we plan to fully pay back the investment ($18 million) in five or six years. The station will be connected in a few months,” he wrote. Khmelnytsky added that during the construction of the solar plant, racks, cables and inverters of Ukrainian origin were used, while solar panels were imported from China. To build the station, according to the businessman, the territory of the former industrial zone, unusable for agriculture, was used.
As reported, earlier the group of Khmelnytsky built the first stage of a solar plant with a capacity of 6 MW in the village of Velyka Dymerka of Kyiv region. After the construction of the first stage, the group attracted Spanish-based Acciona Energia Global as a partner for the expansion of the project.
UFuture Investment Group, headquartered in Brussels, was established in autumn 2017 and united the business projects of Vasyl Khmelnytsky. The group includes the Ukrainian development company UDP, whose specialization is the implementation of large infrastructure projects. In addition, the conglomerate united businesses in such areas as UDP Renewables, the Bila Tserkva industrial park, the innovative parks UNIT.City, and LvivTech.City.

, , , ,

EBRD TO PROVIDE EUR 5.6 MLN FOR BUILDING SOLAR POWER PLANT

The European Bank for Reconstruction and Development (EBRD) under the Ukraine Sustainable Energy Lending Facility (USELF) will provide a loan of EUR 5.6 million to Ekotechnik Shyroke LLC to build a solar power plant in Dnipropetrovsk region with the installed capacity of 7 MW, the press service of the EBRD has reported.
The ten-year loan is provided. According to the EBRD, the owners of Ekotechnik Shyroke LLC are Ekotechnik Group (the Czech Republic) and Tryba Energy (France). According to the unified public register, the beneficiaries of the company are Aleš Korostenský (the co-owner of Ekotechnik Group) and Ukrainians Yuriy Zasiadvovk and Bohdan Yevtushenko.

, ,

SMART MARITIME GROUP STARTS BUILDING TANKER HALL FOR DUTCH VEKA SHIPBUILDING

Smart Maritime Group (SMG) of Smart-Holding starts implementing a contract to build two chemical tanker hulls under an order of Dutch VEKA Shipbuilding WT B.V. The press service of SMG reported that the ribbon-cutting ceremony for the start of building the first hull for the Dutch customer was held at the Kherson Shipyard on Thursday. According to the contract signed in May, SMG will build hulls, install pipeline network, deck equipment and paint the tanker hulls. The cost of the contract is estimated at over UAH 145 million (some $5.6 million). It will take 11 months and a half to build one hull. The second tanker hull will be built at Mykolaiv Shipyard belonged to SMG.
“This is really an important event for Ukrainian shipbuilding, since it is the first foreign contract in the industry since 2013. We have made great efforts to convince the customer, to convince Ukrainian and European banks to finance this project. Today we have good prospects for work and the conclusion of new contracts,” the press service said, citing Director General of SMG Vasyl Fedin.
Tankers are designed for transportation of petroleum products and chemicals on the inland waterways of Europe. The vessel’s overall length is 110 m, width is 13.5 m, the height of the side is 6.59 m, the hull is 1200 tonnes, and the cargo capacity is 5,320 tonnes.
According to the press service, SMG and VEKA Group cooperate in the shipbuilding market for more than 10 years. During this period, SMG has built eight hulls for chemical tankers for VEKA. In total, 12 vessels of the same class were built for the Dutch market.

, , ,

NORWEGIAN SCATEC SOLAR TO START BUILDING SOLAR PLANT IN UKRAINE IN 2018

Norway’s Scatec Solar intends to begin the construction of solar power plants with a total capacity of 83 MW in Cherkasy region this year, the company’s press service has reported. The total cost of building solar plants is EUR 85 million. Scatec Solar expects the EBRD to participate in the project. According to the company, the matter concerns the construction of two stations with a capacity of 33 MW and 50 MW respectively. Land plots are to be rented from municipalities.
As reported, Scatec Solar previously included the construction of solar plants with a total capacity of 150 MW in Ukraine in its project portfolio.
Scatec Solar has already built and operates 322 MW solar plants in various countries, and another 434 MW of photovoltaic plants are under construction. Scatec Solar operates in the Czech Republic, South Africa, Rwanda, Honduras, and Jordan.

, ,