Business news from Ukraine

UKRAINE SEES 2% DECLINE IN MILK PRODUCTION

The production of milk in Ukraine (excluding the temporarily occupied Crimea and Sevastopol, part of Donbas) in January-September 2018 declined by 2% compared to the same period in 2017, to 7.908 million tonnes.
At the same time, egg production in the first nine months grew by 3.1% compared to the same period in 2017, to 12.484 billion eggs, the State Statistics Service of Ukraine said.
Production of meat (in live weight) in January-September 2018 grew by 0.3%, to 2.276 million tonnes.
According to earlier statistics reports, milk production in Ukraine in 2017 decreased by 0.5% from 2016, to 10.329 million tonnes, meat (in live weight) by 0.4%, to 3.259 million tonnes. Production of eggs in 2017 rose by 3.2%, to 15.578 billion eggs.

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ASELSAN FROM TURKEY PLANS TO ORGANIZE PRODUCTION OF TACTICAL COMMUNICATIONS DEVICES WITH UKRAINIAN PARTNER

State-owned enterprise Spetstechnoexport and Turkey’s defense company Aselsan have signed a memorandum confirming plans to start production of Turkish tactical communications devices in Ukraine. An Interfax-Ukraine correspondent has reported that the sides signed the document at the 15th international specialized exhibition Arms and Security 2018 opened in Kyiv on October 9.
Spetstechnoexport Head Vladyslav Belbas told Interfax-Ukraine that the signed document confirms mutual commitments of the parties outlined in the offset agreement signed by Spetstechnoexport and Aselsan in July in Ankara after a meeting of the bilateral intergovernmental commission for defense cooperation. The details of the project are being approved.
As reported, in October 2017, Aselsan and Spetstechnoexport signed a government-guaranteed contract in Kyiv for the amount of $43.635 million for delivery of tactical communications to be used in the USB band in the interests of the Armed Forces of Ukraine in 2018 as part of the government defense procurement order. According to Ukrainian legislation, purchases of defense imports under the government defense procurement order amounting to more than $5 million provide for the conclusion of an offset agreement.

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UKRAINE INCREASES OIL AND GAS CONDENSATE PRODUCTION

Crude oil production in Ukraine in January-August 2018 grew by 2.7% year-over-year, to 1.004 million tonnes. The Energy and Coal Industry Ministry of Ukraine told Interfax-Ukraine that gas condensate production grew by 0.8%, to 441,936 tonnes.
Naftogaz Ukrainy’s enterprises increased oil production by 2.9% in January-August 2018, to 976,820 tonnes, but decreased gas condensate output by 7.1%, to 278,330 tonnes. A 2.9% rise was seen in oil production by Ukrnafta, to 926,300 tonnes and a 16.1% fall in production of gas condensate, to 33,400 tonnes, while Ukrgazvydobuvannia cut oil production by 9%, to 50,520 tonnes and gas condensate by 5.7%, to 244,930 tonnes.
Other oil producing companies in January-August 2018 increased crude oil production by 26.3%, to 26,684 tonnes and condensate – by 17.7%, to 163,606 tonnes.
As reported, in 2017, Ukraine cut oil and gas condensate production by 4.2%, to 2.098 million tonnes.

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UKRAINE RAISES ELECTRICITY PRODUCTION BY 2.1% IN JAN-AUG

Electricity production in the united energy system of Ukraine in January-August 2018 increased by 2.1% (2.122 billion kWh) compared to the same period in 2017, to 104.285 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. Nuclear power plants (NPP) in the period reduced electricity production by 7.2%, to 54.111 billion kWh, in particular, electricity generation at Zaporizhia NPP amounted to 24.873 billion kWh (2.6% more compared to January-August 2017), Yuzhnoukrainsk NPP some 10.402 billion kWh (3.5% less), Rivne NPP to 9.435 billion kWh (25.3% less), Khmelnytsky NPP to 9.408 billion kWh (11.8% less).
Thermal power plants (TPP), as well as combined heat and power plants (CHPP) and cogeneration plants increased production by 10.3%, to 38.070 billion kWh. In particular, the generating companies of TPPs raised production by 11.7%, to 31.038 billion kWh, while CHPP and cogeneration plants by 4.6%, to 7.032 billion kWh.
Hydroelectric and hydroelectric pumped storage power plants increased generation by 32.5%, to 9.398 billion kWh, while block stations decreased it by 0.3%, to 970.3 million kWh.
Electricity production by non-traditional sources (wind power plants, solar stations, biomass) for the eight months increased by 37.5%, to 1.730 billion kWh.
The share of nuclear power plants in the structure of electricity production was 51.9% (in January-August 2017 some 57.1%), TPPs, CHPPs and cogeneration plants some 36.5% (33.8%), hydroelectric and hydroelectric pumped storage power plants some 9% (6.9%), block stations 0.9% (1%), and alternative sources 1.7% (1.2%).

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UKRAINE INCRESES MEAT AND EGGS PRODUCTION

The production of milk in Ukraine (excluding the temporarily occupied Crimea and Sevastopol, part of Donbas) in January-August 2018 declined by 2% compared to the same period in 2017, to 6.998 million tonnes. At the same time, egg production in the first eight months grew by 3% compared to the same period in 2017, to 11.069 billion eggs, the State Statistics Service of Ukraine said.
Production of meat (in live weight) in January-August 2018 grew by 0.1%, to 2.015 million tonnes.
According to earlier statistics reports, milk production in Ukraine in 2017 decreased by 0.5% from 2016, to 10.329 million tonnes, meat (in live weight) by 0.4%, to 3.259 million tonnes. Production of eggs in 2017 rose by 3.2%, to 15.578 billion eggs.

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GROSSDORF AGROCHEMICAL COMPANY LAUNCHES SECOND PLANT FOR PRODUCTION OF LIQUID CARBOMIDE-AMMONIUM FERTILIZERS IN ODESA REGION

Grossdorf agrochemical company (Cherkasy region) in Sarata (Odesa region) has launched new production of liquid carbomide-ammonium mixture fertilizers with a capacity of 60,000 tonnes per year. According to a company press release, with the opening of the plant its capacity in the area of liquid fertilizers production rose to 410,000 tonnes per year.
“Grossdorf receives raw materials from Europe and Central Asia, but transportation of these raw materials for production of carbomide-ammonium mixture from the central regions to the southern regions is expensive. Therefore we built a production base and a raw materials storage base in Sarata. The plans for 2019 are to diversify the markets for the supply of raw materials,” the release says.
According to Grossdorf Commercial Director Serhiy Ruban, the capacities launched will allow the company to provide the entire Odesa region with carbomide-ammonium fertilizers, and also consider the possibility of exporting fertilizers from the production unit in Sarata to Moldova.
Grossdorf (Cherkasy) was established in 2016. It is engaged in production, import, transportation of fertilizers, as well as providing services for the introduction of liquid ammonia. The company’s core business is the supply of basic fertilizers for precision farming.

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