Nikopol

Kakhovka Dam breach in Ukraine caused economic, agricultural and ecological devastation that will last for years

Retrieved on: 
Friday, July 7, 2023

Crops in fields and orchards in the Kherson and Zaporizhzhia region were inundated, then left to shrivel after the water drained.

Key Points: 
  • Crops in fields and orchards in the Kherson and Zaporizhzhia region were inundated, then left to shrivel after the water drained.
  • We are a U.S. political scientist with research expertise on the post-Soviet region and a Ukrainian economist who studies agriculture.
  • While the long-term effects of the dam break are difficult to calculate, we believe that it will have a lasting impact on the climate of southern Ukraine.
  • Agricultural production could be reduced for years to come, with impacts that ripple through supply chains and affect food security around the world.

A fertile farming region

    • Local villages and towns came to depend on water and electricity from the dam and its reservoir.
    • Some 545,000 acres (220,000 hectares) of arable land in these two regions are irrigated, including over 20% of Kherson’s farmland.

Flooded fields, toxic water

    • Valuable perennial crops that relied on irrigation infrastructure fed by the reservoir will be flooded and then parched.
    • Farther downstream, the lower Dnieper, Southern Bug and Inhulets river basins have been polluted, imperiling agriculture and drinking water for southern Ukraine.
    • During the dam breach, 150 tons of oil leaked out, and at least 17 gas stations have been flooded.

After the flood, water shortages

    • Most importantly, without water from the reservoir, the fields of Kherson, Zaporizhzhia and Crimea will dry out.
    • Coastal towns on the Sea of Azov, most importantly Berdyansk, have lost their main source of drinking water.
    • Without the Kakhovka Reservoir, however, Crimea is unlikely to receive irrigation water for at least a decade.

Fewer exports, higher prices

    • Southern Ukraine’s sunflower seeds, soy and cereals are major ingredients for industrially processed foods and livestock feed.
    • They provide the proteins and lipids that are the building blocks of the 21st-century diet.
    • Global food commodity prices shot up hours after the dam broke, as global grain traders anticipated food commodity shortages.
    • And so what we are going to see is a huge impact on global food security.”

An uncertain future

    • Loss of the Kakhovka Dam is the latest blow to a region that has suffered heavily during the war.
    • NASA satellite images show crops planted in 2022 that were never harvested.
    • In 1941, Joseph Stalin ordered Soviet troops to destroy the predecessor of the Kakhovka Dam to slow the advancing German army.

"Judges Recuse Themselves from TIU Canada Case Against Nikopol Ferroalloy Plant (NFZ)"

Retrieved on: 
Tuesday, May 18, 2021

b'KYIV, Ukraine, May 17, 2021 /PRNewswire/ -The three judges hearing the case of the illegal disconnection of TIU Canada\'s solar station by the Nikopol Ferroalloy Plant ("NFZ") recused themselves today.

Key Points: 
  • b'KYIV, Ukraine, May 17, 2021 /PRNewswire/ -The three judges hearing the case of the illegal disconnection of TIU Canada\'s solar station by the Nikopol Ferroalloy Plant ("NFZ") recused themselves today.
  • While TIU Canada\'s motion was declined, the judges then proceeded to recuse themselves voluntarily from the case.
  • We will continue our fight for justice under the law" said TIU Canada President Michael Yurkovich.
  • James Maloney have also spoken in support of TIU Canada and are monitoring the court case.\nThe Nikopol solar power plant owned by TIU Canada is on land leased from the city of Nikopol.

Canadian Investor Files Motion to Dismiss Kolomoyskyi-Friendly Judges in Illegal Disconnection Hearing

Retrieved on: 
Friday, May 14, 2021

b'KYIV, Ukraine, May 14, 2021 /PRNewswire/ -TIU Canada, a major foreign investor in Ukrainian solar energy, filed a motion today to dismiss the three-judge panel set to hear its appeal in the illegal disconnection of the Nikopol Ekoteknik solar power plant case.

Key Points: 
  • b'KYIV, Ukraine, May 14, 2021 /PRNewswire/ -TIU Canada, a major foreign investor in Ukrainian solar energy, filed a motion today to dismiss the three-judge panel set to hear its appeal in the illegal disconnection of the Nikopol Ekoteknik solar power plant case.
  • The judges have all previously ruled in favor of US government sanctioned oligarch Igor Kolomoyskyi against Ukraine\'s state-owned Privatbank in another court decision1.
  • It either is fair and protects the rule of law for foreign investors, or it is a pawn of oligarchs who manipulate justice.
  • But it also needs to deal with internal threats, such as oligarch Kolomoyskyi\'s shafting of a pioneering Canadian renewables investor".\nM.P.

TIU Canada to Appeal Ruling in Illegal Disconnection Case Against Nikopol Ferroalloy

Retrieved on: 
Thursday, February 18, 2021

KYIV, Ukraine, Feb. 18, 2021 /PRNewswire/ -Solar energy producer TIU Canada announced their plans to appeal a lower court decision in their case against the Nikopol Ferroalloy Plant (NFZ) for illegal disconnection today.

Key Points: 
  • KYIV, Ukraine, Feb. 18, 2021 /PRNewswire/ -Solar energy producer TIU Canada announced their plans to appeal a lower court decision in their case against the Nikopol Ferroalloy Plant (NFZ) for illegal disconnection today.
  • The Nikopol solar station owned by TIU Canada is on land leased long term from the city of Nikopol.
  • This illegal disconnection has caused more than 1.5 million Euros of damage to TIU Canada already and increases daily.
  • TIU Canada directly and through its subcontractors employs more than 30 people in Ukraine whose jobs are now threatened by this illegal disconnection.

TIU Canada Court Case Against Nikopol Ferroalloy Goes to Trial Today

Retrieved on: 
Wednesday, January 13, 2021

KYIV, Ukraine, Jan. 13, 2021 /PRNewswire/ -The court case of TIU Canada against the Nikopol Ferroalloy Plant (NFZ) for illegal disconnection goes to trial today in the Kyiv Commercial Court (at 44B Bohdana Khmelnytskoho street).

Key Points: 
  • KYIV, Ukraine, Jan. 13, 2021 /PRNewswire/ -The court case of TIU Canada against the Nikopol Ferroalloy Plant (NFZ) for illegal disconnection goes to trial today in the Kyiv Commercial Court (at 44B Bohdana Khmelnytskoho street).
  • Today's hearing is the first trial date in the case (#910/3844/20) from the conclusion of preliminary hearings last month.
  • The Nikopol solar station owned by TIU Canada is on land leased long term from the city of Nikopol.
  • TIU Canada directly and through its subcontractors employs more than 30 people in Ukraine whose jobs are now threatened by this illegal disconnection.

TIU Canada Court Case Against Nikopol Ferroalloy Plant Moves Forward

Retrieved on: 
Wednesday, December 16, 2020

The main shareholders of the Nikopol Ferroalloy Plant are Igor Kolomoyskyi, Gennadiy Bogolyubov, and Viktor Pinchuk.

Key Points: 
  • The main shareholders of the Nikopol Ferroalloy Plant are Igor Kolomoyskyi, Gennadiy Bogolyubov, and Viktor Pinchuk.
  • Today's hearing marked the final stage of the preliminary hearing and now the case moves to full consideration on January 13, 2021.
  • The Nikopol solar station owned by TIU Canada is on land leased long term from the city of Nikopol, however, entry to the facility is through a gate controlled by the NFZ.
  • TIU Canada directly and through its subcontractors employs more than 30 people in Ukraine whose jobs are now threatened by this illegal disconnection.

TIU Canada Sues Nikopol Ferroalloy Plant Over Illegal Disconnection. Case to be a Test of Zelensky's Commitment to Protect Foreign Investors

Retrieved on: 
Thursday, November 19, 2020

The main shareholders of the Nikopol Ferroalloy Plant are Igor Kolomoyskyi, Gennadiy Bogolyubov, and Viktor Pinchuk.

Key Points: 
  • The main shareholders of the Nikopol Ferroalloy Plant are Igor Kolomoyskyi, Gennadiy Bogolyubov, and Viktor Pinchuk.
  • TIU Canada CEO Michael Yurkovich said, "this is a clear case of oligarchs pressuring a foreign investor and trying to steal assets.
  • This case now becomes a test of President Zelensky's commitment to protecting foreign investors in Ukraine from illegal disconnection and corrupt actions.
  • TIU Canada directly and through its subcontractors employs more than 30 people in Ukraine whose jobs are now threatened by this illegal disconnection.

TIU Canada - Yurkovich Awarded by Nikopol Mayor

Retrieved on: 
Friday, March 29, 2019

NIKOPOL, Ukraine, March 29, 2019 /PRNewswire/ - Nikopol City Mayor, Andriy Fisak awarded Michael Yurkovich Chief Executive Officer of TIU Canada, today with a unique recognition.

Key Points: 
  • NIKOPOL, Ukraine, March 29, 2019 /PRNewswire/ - Nikopol City Mayor, Andriy Fisak awarded Michael Yurkovich Chief Executive Officer of TIU Canada, today with a unique recognition.
  • Upon receiving the award, Yurkovich said, "I am honored to receive this award and we highly value the strong bond with the Nikopol community."
  • TIU Canada is an energy company working in the sphere of the renewable energy, and is based in Calgary, Alberta.
  • First project of TIU Canada was built on the territory of the Nikopol ferroalloy plant a 10,5-megawatt solar station.

Liberating Conflict Economies: Are Jobs The Key To Stability in Conflict Zones?

Retrieved on: 
Tuesday, September 11, 2018

While others avoid conflict areas like Ukraine, TIU CANADA is investing millions in the citizens of that region, by providing a long-term vision for economic stability through jobs and renewable energy resources.

Key Points: 
  • While others avoid conflict areas like Ukraine, TIU CANADA is investing millions in the citizens of that region, by providing a long-term vision for economic stability through jobs and renewable energy resources.
  • TIU Canada is the first Canadian company to partner with Ukraine under the newly enacted Canada-Ukraine Free Trade Agreement.
  • There is a stigma of putting capital at risk in conflict zones.
  • The Nikopol solar plant has created 25 local jobs and brought more than 2 million hryvnas ($73,000 USD) to the local city budget.