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are already present. New markets such as Turkey, Chile, Mexico, and Vietnam are also being considered.
9.2.8 Tourism corporate news
9.2.9 Utilities corporate news
Ukraine's audit agency says state-owned energy company Centrenergo in 'state of crisis.' An audit by Ukraine's State Audit Service of the state-owned energy company Centrenergo found a number of financial discrepancies, as well as lengthy and unjustified delays on repair work for damaged energy infrastructure, the agency said on Nov. 29.
DTEK contracts another 70,000 tons of coal imports from Poland. Ukraine’s private energy giant DTEK has contracted an additional 70,000 metric tons of coal from Poland as it prepares for a second winter of Russian attacks on the country's energy system, the company said in a statement on Nov. 13.
DTEK imports over 100,000 tonnes of coal from Poland DTEK has imported 103,000 tonnes of thermal coal from Poland since September of this year, the company's press service reported.
Ukraine's leading hydropower generating company, Ukrhydroenergo, seeks to attract €330M from European banks for restoration and development, and Ukrenergo, the electricity transmission system operator, has attracted €24.5M through KfW to strengthen the energy system.
9.1.10 Renewables corporate news
Madoqua Renewables, a Dutch-Portuguese green chemical company, is investing €900M in constructing a waste processing plant in Ternopil. The plant will produce ecologically friendly green fuel (methanol) from sugar production waste using wastewater. According to the head of the state agency UkraineInvest, Sergiy Tsivkach, the project will create more than 500 direct jobs and more than 2,500 indirect jobs. Madoqua Renewables Holding Limited plans to invest up to €40 million in the project's development stage, with a €300-400M capital investment and a total investment of €800-900M. Founded in 2016, Madoqua Renewables is a developer and operator of projects that use renewable energy sources and produce environmentally friendly chemicals and gases.
9.2.11 Metallurgy & mining corporate news
The Ukrainian government is delaying billions of dollars in investments from a Canadian mining company. The Canadian company Black Iron, engaged in the extraction of iron ore from the Shymanivskoye deposit in Kryvyi Rih, once again called on the government of Ukraine to agree and sign the investment agreement. The draft of this agreement has been under review at the Ministry of Economy for four months, and the Ministry has not responded. "The company hopes to receive a positive written response from its Ukrainian colleagues regarding the conclusion
112 UKRAINE Country Report December 2023
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