Agriculture

The State Grain Corporation (SSGCU) recorded a loss of UAH 328 mln in the first three quarters of this year.

Tuesday, December 7, 2021
The State Grain Corporation (SSGCU) recorded a loss of UAH 328 mln in the first three quarters of this year.

The situation is due to the company’s debt to Chinese creditors, reported marlin.org.ua. SSGCU which is managed by the Ministry of Economy had UAH 25.2 bln in financial liabilities as of October. UAH 23.9 billion is the debt to the Chinese National Corporation of Machinery and General Contracts, which the Ukrainian side must be paid by 2027.

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