Business news from Ukraine

DNIPROPETROVSK REGION GETS ONE MORE SOLAR PLANT

The National Commission for the State Regulation of Energy, Housing and Utilities Services (NCER) has established feed-in tariffs for Solar Kvant Energy LLC (Dnipropetrovsk region), which operates a solar power plant with a capacity of 9.96 MW, commissioned in March 2019. The NCER made the decision at a meeting on April 9. The tariff of 15.03 euro cents per kWh will be valid until the beginning of 2030.
The core business of Solar Kvant Energy LLC is non-specialized wholesale. The final beneficial owners as of the end of March were Yan Valetov and Oleksandr Sukhodolsky. Valetov is a famous Ukrainian science fiction writer, published under the pseudonym Borys Bitner. Sukhodolsky is the co-owner of one of the largest pharmaceutical distributors BaDM LLC (Dnipropetrovsk).

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CITY OF KYIV WITH KYIV REGION, DNIPROPETROVSK, KHARKIV AND ODESA AMOUNT TO 51% OF TOTAL TRADE TURNOVER IN UKRAINE

Ukraine’s retail trade in January-June 2018 increased by 6.2%.
Four regions (City of Kyiv with Kyiv region, Dnipropetrovsk region, Kharkiv region and Odesa region) amount to 51% of total trade turnover.
Luhansk and Ternopil are on the last places.
In June 2018 alone, retail trade decreased by 0.8% compared to May 2018, but it grew by 6.3% compared to June 2017.

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