Page 67 - UKRRptJun22

Minkovych once again called on officials to take measures to prevent disruption of preparations for and the start of the coming heating season.
Energoatom will supply electricity to Moldova. Energocom (Moldova) plans to sign an electricity supply contract with Ukrainian state enterprise Energoatom to cover up to 30% of the country's electricity consumption in June, announced Minister of Infrastructure of Moldova Andrei Spinu. Currently, Energocom has extended its contract with Energoatom for another month for $59.90 / MWh with MolDRES. In addition, Energocom will sign an electricity supply contract with Energoatom, which will cover 30% of Moldova's electricity consumption. At the same time, Ukrhydroenergo will be used to supply electricity to Moldova, according to an uneven schedule agreed to by Energocom and Moldelectrica. The company called such deliveries a test.
9.2.11 Metallurgy & mining corporate news
Ukraine's fourth-largest steelmaker Zaporizhstal resumes production.
Zaporizhstal continues to return locomotives to work from their mothballing as part of the restoration of their production process at the Zaporizhzhya Iron and Steel Works, reported Interfax-Ukraine. Before the war, when the plant was operating at full capacity, out of 94 locomotives, 70 were brought to work per day. With the outbreak of war and the hot conservation of equipment, the number of diesel locomotives in the actively working fleet was reduced to about four per day. In April, the production capacity of the plant began to gain momentum again, and it became necessary to gradually bring all the plant’s locomotives back into working condition, so that, if necessary, they could quickly become operational and carry out the transportation of goods.
9.2.12 Other sector corporate news
The EBRD lends €20M to Ukrainian pharmaceutical company Farmak.
The EBRD is lending €20M to a leading Ukrainian pharmaceuticals manufacturer under its €2B Resilience and Livelihoods Framework, supporting countries affected by the war in Ukraine. The financing, which will provide working capital to a manufacturer with a 5.7 % pre-war share of Ukraine’s pharmaceuticals market, will support production and improve access to essential medicines for people living in Ukraine. Supporting the pharmaceutical sector during the war in Ukraine is a crucial element of the bank’s five-pronged support plan for the real economy of Ukraine and the surrounding region. The EBRD also supports trade, energy security, vital infrastructure, and food security.
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