In Ukraine, despite the ongoing war, the construction of elevators is on the rise. KMZ Industries, a company that produces elevator equipment, observes that in Ukraine, despite the challenging situation and general market pressures, the construction of new elevators and the expansio... #AgroBusinessUkraine #agroUkraine #GrainElevator #investments #KMZIndustries
The USAID AGRO program provides 50% co-financing for agricultural processing development projects. The USAID AGRO program offers co-financing for 15 projects aimed at developing the processing of agricultural products in Ukraine. It is expected that the financed projects will improve the processing... #AgroBusinessUkraine #agroUkraine #ProcessingPlantUkraine #USAID
Capitalization of agricultural holdings decreased by almost €2B. Agricultural holdings’ capitalization decreased during the IV quarter of 2023 compared to the same period in 2022. According to experts, this is related to the internal situation in these compan... #AgroBusinessUkraine #AgroholdingAstarta #KernelGroup #MHPAgroholding #UkraineEconomy
Ukraine’s European partners provide €750,000 in grants, and USAID AGRO pledges up to ₴270M in co-financing to elevator owners. 30 Ukrainian companies will receive grants of up to €25,000 to develop their business. These businesses work on innovative products and services or are actively expanding into exports. The winning com... #AgroBusinessUkraine #EU4Business #FarmersUkraine #GrantsForFarmers #USAID
USAID AGRO provides ₴703M for developing export-oriented processing of grain, oil, and leguminous crops. The program provides co-financing for 20 Ukrainian agrarian processing enterprises to restore and develop their export potential. Each enterprise can receive from ₴10M to ₴100M in co-financing to achi... #AgroBusinessUkraine #agroukriane #ProcessingPlantUkraine #USAID
The Kyiv region increases its grain storage capacity, and the Donetsk region agricultural sector has been revived. The Kyiv region put the first elevator into operation, with a total storage volume of 12,000 tons. Meanwhile, 23 livestock enterprises are currently operating in Donetsk region. Eight enterprises are ... #AgroBusinessUkraine #agroUkraine #farmAnimalsUkraine #GrainElevator
Ukrainian businesses are building new capacities and increasing profits. Ukrainian company Lubnymash is building a new elevator in the Dnipropetrovsk region, the first silo, with a volume of 9,663 cubic meters, has already been installed. Installation of the second silo of... #AgroBusinessUkraine #GrainElevator #Lubnymash #UkraineBusiness
New rules for food exports have come into effect in Ukraine. Ukraine is introducing the mandatory registration of food exporting companies to prevent abuses such as tax evasion when exporting key agricultural commodities. According to the government’s res... #AgroBusinessUkraine #agroexportukraine #agroUkraine #TaxesFromFarming
During the first year of the war, Ukraine’s largest agricultural producers increased their income to ₴100B. In 2022, total income for the top ten agrarian producers increased by 27% to ₴97.65B ($2.65B). At the same time, half of the businesses from the top ten make up the enterprises from the MHP group. The... #AgroBusinessUkraine #agroUkraine #Kernel #MHPukraine
Ukraine’s largest sunflower oil exporter earned $299M in net profit this year. According to results from the 2023 fiscal year (July 2022 – June 2023), Agroholding Kernel earned a net profit of $299M, according to the company’s financial report. At the same time, the ... #AgroBusinessUkraine #agroUkraine #Kernel #UkraineSunflowerOil
Ukraine’s purchases of alternative grain storage have exhausted the world reserves. As Minister of Agricultural Policy Mykola Solsky said, Ukraine will need disposable and mobile grain storage facilities with a total capacity of up to 20 million tons to store crops from the current s... #AgroBusinessUkraine #GrainStorage #MykolaSolsky
Agricultural product export increased by 12% in July. In July 2022, Ukraine exported 3 million tons of agricultural products through alternative routes. This is 12% more than the previous month, the Ukrainian Club of Agrarian Business reported. The expor... #AgroBusinessUkraine #agroexportukraine #UkrainianExport
The Verkhovna Rada passed a law establishing a Credit Guarantee Fund for farmers. The new law is designed to support small and medium businesses, including farms, by providing loan guarantees of up to 50% of the outstanding amount of principal for up to 10 years. #AgroBusinessUkraine #LoansforFarmers #SmallBusinessUkraine
Farming was the most profitable economic activity in Ukraine last year, netting $3 billion, reports the National Scientific Center Institute of Agrarian Economics. Of the nation’s farms, 83% made money, and 17% lost money. In 2019, a year of record grain harvests, profits were 13% higher ... #AgroBusinessUkraine #UkraineAgriculture
Since Ukraine’s new farm land market started on July 1, 5,552 sales agreements have been approved. The average price is $1,500 per hectare. “Everything is working normally, without conflicts,” Prime Minister Shmygal told the Cabinet yesterday. Until the end of 2023, sales can only between Ukrainian... #AgroBusinessUkraine #FarmLandUkraine #SaleofFarmLand
