agroUkraine

Wednesday, April 21

Soybeans, a footnote to Ukraine’s grain story, are expected to see a 36% jump in production in the upcoming marketing year, 3.8 million tons. The USDA attributes this to a change in tax laws that make soybean production more profitable. Exports in the upcoming marketing year are expected to reach 2 million tons, up 20% over last year. This ...

Ukraine, the world’s largest sunflower oil exporter, is expected to increase sun oil exports by 17% in the upcoming marketing year, to 6.5 million tons. With cooking oil price hikes pushing up Ukraine’s March inflation, the Economy Ministry and the Ukroliyaprom Trade Association agreed Monday to limit sunflower oil exports to 5.38 million tons in the ...

Tuesday, April 20

The EBRD is also lending $57 million to the Kernel Group to improve the storage, transportation and export of agricultural commodities , the bank reported in a press release. The loan is part of a $200 million syndication arranged by French investment bank Natixis for Kernel, the world’s leading producer and exporter of sunflow...

Wednesday, April 14

Agroholding Astarta, Ukraine’s largest sugar producer, increased its EBITDA by 45.6% to €113.4 million. The company increased its sugar EBITDA 9-fold, to €80.2 million, by selling one unprofitable sugar mill and by cutting sugar exports by 29%. Sugar prices were higher in Ukraine, where the company has ...

Concorde Capital’s Alexander Paraschiy wrote: “The company’s EBITDA and net leverage are the best in the last three years, making it one of the least risky farming and food companies in the Ukrainian universe.”

Monday, April 12

Driving up egg prices, Oleg Bakhmatyuk, owner of Avangard, the nation’s largest egg producer, has halved egg production over the last 18 months, to 170 million eggs a month. He has blamed the criminal prosecution by the National Anti-Corruption Bureau, saying it has cut him off from bank loans...

Wednesday, April 7

Corn exports are down 25% yoy in the first half of the October-September 2020 marketing season, reported APK-Inform. Of the 15.9 million tons exported so far, the top markets were: China – 6 million tons; EU – 5 million tons; and Egypt – 1.7 million tons. This year, Ukraine is expected to export...

Monday, April 5

“In the food & agriculture segment, higher prices have been offset by lower volumes, resulting in a 3.3% yoy total decrease in exports,” writes Oleksiy Blinov, Alfa’s research head. “Sunflower volume exports are up only 1.5% yoy in March, but the export price has more than doubled.” Similarly, higher grain export prices have compensate...

Monday, January 25

To promote investment into Ukraine, UkraineInvest is creating up to 70 information offices in Ukrainian embassies around the world

To promote investment into Ukraine, UkraineInvest is creating up to 70 information offices in Ukrainian embassies around the world To promote investment into Ukraine, UkraineInvest is creating up to 70 information offices in Ukrainian embassies around the world, Serhiy Tsivkach, executive director of the Investment Promotion Agen...

Turkish companies are interested in investing in Chornomorsk container terminal and railway and ferry complex

Turkish companies are interested in investing in Chornomorsk container terminal and railway and ferry complex Turkish companies are interested in investing in Chornomorsk container terminal and railway and ferry complex, Infrastructure Minister Vladyslav Krykliy reports after meeting Thursday with executives ...

DTEK Renewables plans to launch solar and wind projects in the EU as early as this year,

DTEK Renewables plans to launch solar and wind projects in the EU as early as this year, DTEK Renewables plans to launch solar and wind projects in the EU as early as this year, DTEK Renewables CEO Maris Kunickis tells Bloomberg in an article headlined: “DTEK Looks Abroad After Ukraine Ba...

Ukrainians bought two thirds of their long-distance train tickets online last year

Ukrainians bought two thirds of their long-distance train tickets online last year Ukrainians bought two thirds of their long-distance train tickets online last year, reports Ukrzaliznytsia. By buying 12.9 million tickets through the Internet, at booking.uz.gov.ua, travelers had eas...

The longest train ride in Ukraine is also one of its five most popular

The longest train ride in Ukraine is also one of its five most popular The longest train ride in Ukraine is also one of its five most popular, reports Ukrzaliznytsia. Every day, Train No. 45 sets off from Uzhgorod or Lysychansk, Luhansk, ambling across Ukraine making at ...

Restaurants, gyms and shopping centers reopen in Ukraine today

Restaurants, gyms and shopping centers reopen in Ukraine today Restaurants, gyms and shopping centers reopen in Ukraine today as the nation emerges from the coronavirus lockdown-imposed Jan. 8. Registered new infections are running at about 5,000 a day, about one...

Ukraine imported a record amount of wine last year — $180 million.

Ukraine imported a record amount of wine last year — $180 million. Ukraine imported a record amount of wine last year — $180 million. Top supplying countries are: Italy – $ 29 million; France – $ 27.5 million; and Georgia – $26 million. Over t...

China’s imports of Ukrainian grain are soaring during this marketing year

China’s imports of Ukrainian grain are soaring during this marketing year China’s imports of Ukrainian grain are soaring during this marketing year, the Ukrainian Grain Association reports, citing figures released Thursday at an Agro meeting at Ukraine’s Embassy in Beijing....

After the United States, Ukraine was the world’s second largest grain exporter in the marketing year that ended June 30

After the United States, Ukraine was the world’s second largest grain exporter in the marketing year that ended June 30 After the United States, Ukraine was the world’s second largest grain exporter in the marketing year that ended June 30, Taras Kachka, Deputy Minister of Agriculture and Economy, told the Internationa...

DHL and Ukrzaliznytsia plans to develop China-bound trade from UZ’s left bank rail wagon marshalling yard at Liski

DHL and Ukrzaliznytsia plans to develop China-bound trade from UZ’s left bank rail wagon marshalling yard at Liski DHL and Ukrzaliznytsia plans to develop China-bound trade from UZ’s left bank rail wagon marshalling yard at Liski, Logistics Manager, an Asia-oriented logistics news site, reports in a story headline...

Ukraine saved $3.4 billion last year on oil imports, cutting its import bill by 36% yoy

Ukraine saved $3.4 billion last year on oil imports, cutting its import bill by 36% yoy Ukraine saved $3.4 billion last year on oil imports, cutting its import bill by 36% yoy, reports the State Customs Service. In volume terms, Ukraine cut imports by 5%, to 8 million tons. Top suppliers...

Industrial production dropped last year by 5% yoy, reports the State Statistics Service. Manufacturing was down 7%

Industrial production dropped last year by 5% yoy, reports the State Statistics Service. Manufacturing was down 7% Industrial production dropped last year by 5% yoy, reports the State Statistics Service. Manufacturing was down 7%. Other big drops were: coal mining down 13%; and electricity generation down 6.6%. On...

Net foreign direct investment in Ukraine was the worst in 20 years

Net foreign direct investment in Ukraine was the worst in 20 years Net foreign direct investment in Ukraine was the worst in 20 years, Lenna Koszarny Founding Partner and CEO of Horizon Capital, said Friday at a discussion of the draft National Economic Strategy 2030...

Last year’s remittances from Ukrainian workers abroad totaled $12 billion — almost five times the net direct foreign investment of $2.5 million.

Last year’s remittances from Ukrainian workers abroad totaled $12 billion — almost five times the net direct foreign investment of $2.5 million. Last year’s remittances from Ukrainian workers abroad totaled $12 billion — almost five times the net direct foreign investment of $2.5 million. In 2018, net FDI added up to $2.4 billion. Kyrylo...

Despite coronavirus travel controls, worker remittances are expected to be near last year’s level.

Despite coronavirus travel controls, worker remittances are expected to be near last year’s level. Despite coronavirus travel controls, worker remittances are expected to be near last year’s level. Ukraine’s State Border Guard Service reports that 35% of the 11,250,000 border crossings out of Ukrai...

The sale of large state companies starts this year and will not be reversed,

The sale of large state companies starts this year and will not be reversed, The sale of large state companies starts this year and will not be reversed, Prime Minister Shmygal vowed Friday at the meeting to debate the National Economic Strategy through 2030. He added: “Invest...