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UJ Week
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     Business    

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Ukraine to rebuild Azovstal, Illich Steel in Mariupol using green technology

KYIV, July 13 – The restoration of metallurgical enterprises - Azovstal and Mariupol Illich Iron and Steel Works - and the city of Mariupol (Donetsk region) after the war will be carried out using modern green technologies and will take from three to five years, Yuriy Ryzhenkov, general director of the Metinvest group, said in interview for the FAQ Talks project.


DTEK seeks govt loans to restore 1.4 GW of thermal generation capacity

KYIV, July 13 – DTEK Energy is counting on government loans to restore 1.4 GW of thermal generation capacity destroyed at the end of the last autumn-winter period, Ildar Saleev, CEO of the company, said on his Facebook page on Thursday.


Ukraine’s goods exports rose 24% on year in USD terms in January-June

KYIV, July 14 - Ukraine's goods exports in January-June 2022 compared to the same period in 2021 in dollar terms decreased by 24% - to $22.734 billion, imports - by 19%, to $ 25.3 billion, thus the foreign trade deficit in January-June of this year amounted to $2.56 billion, according to the data of the State Customs Service.


Ukraine allocates funds to repair three damaged heat producers

KYIV, July 14 – At a meeting on July 13, the Cabinet of Ministers allocated UAH 99.9 million for the repair of Chernihiv combined heat and power plant (CHPP), UAH 86.5 million for Okhtyrka CHPP (Sumy region) and another UAH 100 million for the restoration of the centralized heat supply system of the city of Kremenchuk (Poltava region), Deputy Head of the President's Office Kyrylo Tymoshenko said on his Facebook page on Thursday.


Kernel vows to supply Ukraine with fuel, fertilizers, agriculture products

KYIV, July 14 – The Kernel agro-industrial group plans to supply Ukraine with oil products, fertilizers and other inventory items in order to overcome the shortage of resources for agricultural production in Ukraine, Ihor Stelmaschuk, head of the Kernel commercial department, said at the Fuel for Ukraine international conference.


Naftogaz to ask all investors to defer for two years Eurobond payments

KYIV, July 14 – Naftogaz Ukrayiny, which earlier this week asked for a two-year deferral of interest payments and eurobond redemption, will make a similar offer to all other international creditors, the issuer of its eurobonds, Kondor Finance Plc, said in an exchange statement.


ArcelorMittal suspends purchases of big trucks from Belarus amid sanctions

KYIV, July 14 – ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has suspended purchases from the Belarusian Automobile Plant (BelAZ), which has come under European sanctions, is analyzing the situation with a possible change of the supplier of heavy-duty dump trucks of ArcelorMittal Kryvyi Rih, company's CEO Mauro Longobardo said.


McDonald’s to invest UAH 10-mln in waste sorting stations in Ukraine

KYIV, July 14 – Investments in the launch of a project for the installation of special waste sorting stations in McDonald's restaurants in Ukraine and the relevant training of personnel amounted to UAH 10 million, the company told Interfax-Ukraine.


25 largest agriculture companies cultivate 9% of Ukraine’s farming land

KYIV, July 14 – The share of land plots cultivated by the 25 largest agricultural holdings is 9% (3.88 million hectares) of the total area of agricultural land in Ukraine, the investment company Concorde Capital (Kyiv) said during the presentation of the agricultural online platform KupiPai.


ArcelorMittal Kryviy Rih seeks $500-mln/year in capital expenditures

KYIV, July 14 – CEO of ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) Mauro Longobardo turned to ArcelorMittal with a proposal to allocate $500 million for capital investments (capex) instead of the planned $300 million.


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