Economy
The UDS appealed to the law enforcement officers because of possible abuses during modernization
Paroplavstvo handed over to law enforcement agencies materials related to the activities of contractors and the trade union “Justice”. The company discovered a violation during the modernization of equipment at the Kilia Ship Repair Plant, the UDS reported. According to the UDS report, during the inspection of the modernization contract, they discovered the fact of…
Freight rates from Danube ports have increased
Further growth in freight rates continues to restrain the availability of free tonnage in the ports of the Danube cluster. Freight rates from Ukrainian ports on the Danube to Italy increased by $2. This was facilitated by the increase in the rate of export of agricultural products, Spike Brokers reports. However, the available export volumes…
The EU will allocate 2.5 billion euros for the modernization of transport infrastructure
2.5 billion euros are planned to be allocated to the construction and modernization of transport infrastructure in EU countries and Ukraine and Moldova. A new stage of submitting applications for financing projects within the European Union’s Connecting Europe Facilities (CEF) program for transport has started, writes Rail.insider. It is assumed that the projects will contribute…
Sense Bank restructured Nibulon’s loan for more than $27 million
Sense Bank and agricultural holding Nibulon reached an agreement on the restructuring of the company’s loan portfolio. According to the terms of the contract, the loan term of $27.6 million is eight years, three of which are a grace period that will last until 2027, Nibulon reported. The repayment schedule, according to the terms, is…
USAID and FAO will provide Ukrainian farmers with sleeves for grain storage
The Food and Agriculture Organization of the United Nations (FAO) and USAID will provide farmers with sleeves for grain storage. FAO and the “Harvest” program of the United States Agency for International Development (USAID) together with Minagro have started registering applications for sleeves, the Donetsk Regional State Administration reported. The State Agrarian Register has begun…
AMCU fined the enterprise, which belongs to Kernel agricultural holding
The Antimonopoly Committee of Ukraine fined the companies that are part of the agricultural holdings “Kernel” and “Continental Farmers Group”. This is stated in the decision of the AMCU. AMCU fined “Poltava-Zerno” LLC, which is part of “Kernel-Trade” for UAH 170,000 , the reason being the violation of legislation on the protection of economic competition….
Another auction for the sale of the Bilhorod-Dnister port was cancelled
The State Property Fund ordered to cancel the auctions for the sale of the Bilhorod-Dnister Sea Trade Port. This was reported on the port’s Facebook page. “On September 24, 2024, a hybrid Dutch auction was to take place. According to the order of the regional branch of the State Property Fund of Ukraine dated September…
Oschadbank refinances Nibulon’s investments for more than $20 million
Oschadbank on Nibulon agreed on new credit agreements to replenish the circulation of money for investments of the agricultural holding. It is about working capital with which the bank refinances the volume of investments made by the company for a total amount of $20.3 million, Nibulon reported. On September 17, the parties signed the first…
The first modernized UDS ship is preparing to go to Izmail
The motor ship “Captain Antipov” successfully completed sea trials after modernization at the Austrian ÖSWAG shipyard. “The modernized vessel is being prepared for shipment from Linz, Austria to Izmail! This is the first major modernization in the history of Ukrainian Danube shipping. For more than 30 years, the company used the river fleet built during…
Ukraine will play a decisive role in the Trans-Caspian route if it launches ferries to Georgia
After the restoration of the ferry connection with Georgia, Ukraine will play a decisive role in the development of the Trans-Caspian route. This was stated by the Ambassador of Ukraine to Azerbaijan Yuriy Gusev during the Black-Caspian Freight Forum 2024, Rail.insider reports. According to him, the restoration of the ferry connection with Georgia will give Ukraine…
