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Mykolaiv Port’s pure income for the nine months makes UAH 51 million
09:10 / 28.10.2009

MYKOLAIV, OCTOBER, 28th, 2009, CONTEXT-PRICHERNOMORIE – Mykolaiv Commercial Sea Port’s pure income makes UAH 51million in nine months, Context-Prichernomorie correspondent reports.

CEO, Mykolaiv Commercial Sea Port Nikolay Kapatsyna stated it yesterday at a press-conference.

According to him, when he was appointed the port’s chief five years ago the income was only UAH 5 million. These results could only be achieved due to the serious reforming carried out in the port.

“Mykolaiv port today is a model of a European port, the port’s administration regulates the water area, support hydrotechnical constructions thus fulfilling the first-priority tasks for ensuring the safety of navigation in its zone of responsibility”, the official said.

“Probably the port of Mykolaiv today is the only one in Ukraine not employing a single docker. All the dockers work for stevedoring companies, which is traditional for European and other ports of the world, in the countries having market economy”, Mr. Kapatsyna said.

“I came to the port in 2005 to copy the model of the Odesa Port. Well we implemented this ideology. We are very similar to the port of Odesa and also we resemble much the port of Illichivsk, that in their development and reformation take European features”, he went on.

Within the framework of the reforms the company implements several investment projects, for instance Moreproduct Company involving capital from Norway, ICL Ukraine with Italian capital.

A unique oil transshipment project has also been realized in the port. Mykolaivnaftoproduct invested EUR 30 million in development of the port’s oil base, so that the port now has an acting oil terminal.