Page 65 - UKRRptFeb20

sorting centre will be upgraded to handle 50,000 packages an hour, Volodymyr Popereshnyuk, co-founder of the Nova Poshta, writes on his Facebook page. Last year, the number of active users of the company’s mobile app grew by 30% to 2.8mn people. In 2019, the company delivered a record 212mn parcels. In mid-December, it set a record, delivering 1.3mn parcels in one day.
Nova Posta, the private delivery service, plans to expand package deliveries by 18-25% this year,​ Alexander Bulba, company director, tells reporters. Last year, business grew by 22%, to 212mn packages. With 98%% of deliveries domestic, Nova Poshta wants to expand its international service by 30% this year, to 4.4mn. China accounts for 68% of its international business. After doubling branches to 6,000 last year, Nova Poshta plans to add 1,200 new offices and pick up lockers this year.
9.1.10 ​Renewables corporate news
Scatec Solar is the latest foreign company to freeze construction of a solar plant, pending clarity on green tariffs for the 2020s​. Construction of a 65-megawatt solar plant in Kherson Oblast is on hold, according to Alina Sviderska, the Norwegian company’s head of business development in Ukraine. Norway’s NBT and Canada’s TIU are also slowing investments. Attracted by Europe’s highest green tariffs, European and American renewable energy companies flocked to Ukraine in the last two years, making solar and wind the most active areas for foreign investment.
DTEK Renewables plans to build a 150 MW wind farm in the Berdyansk district of Zaporizhia​, reports the website of the Unified Register of Environmental Impact Assessment. DTEK already has 500 MW of wind power capacity in three wind farms on the north shore of the Sea of Azov: Botievska, Orlivska, and Prymorska.
9.2.11 ​Metallurgy & mining corporate news
● Metinvest
Ukraine’s biggest metal company​ ​Metinvest​ affiliate Pokrovske Coal output jumps 26% in 2019. ​ Private joint stock company Pokrovske Coal produced 16.5 kt of raw coking coal per day in December, a 27.2% m/m jump, according to Concorde Capital’s analysis of Energy Ministry data as reported by Interfax-Ukraine on January 20. In 2019, Pokrovske Coal produced 5.0mmt of coal, a 25.8% y/y jump. Recall, Pokrovske Coal said in its 2018 annual report that it plans to boost coal production 42% y/y to 5.63mmt in 2019. Metinvest, Ukraine's largest steelmaker, owns 25% of Pokrovske Coal assets.
The attributable production of iron ore concentrate at the subsidiaries of Ukraine’s largest steel producer ​Metinvest​, controlled by oligarch Rinat Akhmetov, rose by 5.5% year-on-year to 33.36mn tonnes, or 91.4 tonnes per day in 2019, according to Concorde Capital’s analysis published on January 22. The production amounted to 2.78mn tonnes (89.7 tonnes per day) in December. This is a 2.4% month-on-month loss on a daily average basis. The holding’s pellet output was 624 tonnes in December, a 16.0% m/m drop on a daily average basis. Concentrate production at Inhulets Iron Ore decreased 3.1% m/m in December to a daily rate of 29.9 tonnes. Production at Northern Iron Ore dropped 2.7% m/m to 32.9 tonnes per day. Production at Central Iron
65​ UKRAINE Country Report​ February 2020 ​ ​www.intellinews.com