Business Emirates # 14 (May - June 2007) - page 126

TransenergoCompanywas registered
pursuant to the legislationof Ukraine.
A year ago, TransenergoCompanyopened its
representativeoffice inUAE andGulf countries.
Themain types of activities of the
company are: export-import operationswith
oil, oil products, oil refining industry equipment,
metallurgy industry equipment, agricultural
products and alsoprovisionofmanagement
consulting services.
TransenergoCompanyhas highlyqualified
personnel. Company employees areoften
invited as experts anddevelopment, evaluation
and support consultants towork ondifferent
government programs, investment projects and
export-import operations.
Within the frameof Sugar Program in1998–
1999, TransenergoCompany suppliedmore than
300 thousandmetric tons of oil products (À-76
gasoline, À-80gasoline, diesel fuel andblack
oil (mazut)) to the agriculturalmanufacturers
withpayments deferredby 180days, which
helped increase sugar production inUkraine and
stabilize theprice for this important product.
In thecourseof implementationof the
Resolutionof theCabinet ofMinistersofUkraine
“OnFurtherDevelopment ofGrainMarket in
Ukraine”of 1998, TransenergoCompany took
part in the tender (organizedby theGovernment
ofUkrainewithin the frameofGrainProgram)
on supplyof oil products toagricultural
manufacturers andwon the tender successfully.
Due to theexistenceof thecontract between
Total International LtdandTransenergoCompany,
specialistsof thecompanywereable tooffer
themost profitableconditionsof supplyof 2
millionmetric tonsof oil productsÀ-80gasoline,
diesel fuel andblackoil)withpaymentsdeferred
by245days. As apledge forGrainProgram
implementation, thegovernment provided
TransenergoCompanywith400 thousandmetric
tonsof grainandwithguaranteesof theState
Export-Import BankofUkraine.
Company specialists participate in
development and implementationofmanyother
projects aswell.
During theParis (France) Business, Investment
andPrivatizationForum inOctober 2000,
where therewere roundtablediscussionsand
presentationsofprivatizationprojectsof regional
powergeneratingcompaniesofUkraine,
TransenergoCompanyorganized themeeting
ofUkraine’sPrimeMinister andFuel andenergy
MinisterwithmanagementofTotalFinaElf.
ManagementofTransenergoCompanyalso took
part in thismeeting.The issuesdiscussedat the
meeting includedparticipationofTotalFinaElf in
developmentofUkraine’soil industryand the
increaseof supplyof lightoil products intoUkraine.
TransenergoCompanywasapprovedas the
operator for thisprogramon theUkrainian side.
TransenergoCompanyalsoenjoyshonest
partner reputationwithvarious financial institutions.
MajorUkrainianand foreignbanks, suchasState
Export-ImportBankofUkraine,TheFirstUkrainian
International Bank, INGBaringsVienna, Creditanstalt
Bankandotherbankscontinue their cooperation
withTransenergoCompany.
Using theprinciple “Any changebrings new
opportunity”, in2001, the companymanagement
madedecisions on settinguppartner
relationshipswithenterprises fromMiddle
East countries. Inparticular,management of
TransenergoCompany formedpart of Ukrainian
official delegationheadedby theMinister of
ForeignAffairs of Ukraine that visitedOman,
Qatar, Kuwait andUnitedArab Emirates. The
delegationmetwith representatives of political
andbusiness circles andwith representatives of
major companies from these countries.
Official visit of thePresident of Ukraine to the
Gulf countries resulting in rapiddevelopment
ofmutual relationships betweenUkraine and
Gulf countries confirmed the correctness of
theArab countries-focused strategy chosen
byTransenergoCompany inoil andgas,
engineering,metallurgical, construction and
other sectors of theeconomy.
Today, TransenergoCompany receives orders
fromArab countries’enterprises for different
equipment for oil refineries, chemical industry
and agriculture, aswell as offers for participation
in various tenders held in these countries.
With support from thecompanypartners,
TransenergoCompanycreateda largenetwork for
storageand saleof oil products aroundUkraine.
Another potential directionofTransenergo
Company’swork couldbeexport of cars from
theUAE toUkraine.Whydoes it lookpromising?
Demandonhigh-qualityautomobiles isgrowing
inUkraine. Due towiseeconomicpolicyof the
government and to liberal taxation in theUAE, it
ispossible topurchaseexcellent qualitycars there
at reasonableprices. Thegovernment ofDubai
andmanagement of Jebel Ali, inparticular, create
favorableconditions for international business in
all spheres andoffer new initiatives all the time.
According toofficial statistics, inKyiv alone, in
March, peoplepurchased40,000 cars.
Having settledon theGulf countriesmarket
andhaving set up close tieswith local business
elite andwithgovernment organizations
responsible for foreigneconomic activities,
TransenergoCompany invitesUkrainian
companiesmaking competitiveproducts to
cooperatewith it. The company iswilling to
share its experienceof successful cooperation
withArab countries and to take careof the
things needed for bringing itsUkrainianpartners
out to the richmarket of theGulf region.
For Emiratescompanies,TransenergoCompany
will bea reliableconductorof their interests in
Ukraine, thecountrywith48millionpeopleand
ever-growing investment attractiveness.
TRANSENERGO
COMPANY INUAE:
Dubai, UAE P.O. Box 261033
Òel: +971 (4) 3485047
Fax: +971 (4) 3485768
e-mail:
TRANSENERGO
COMPANY INUKRAINE:
01004, Kyiv21, Pushkinska street,
office43
Tel.: +380 (44) 2351349
fax: +380 (44) 2535421e-mail:
BUSINESS EMIRATES
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