Last year, Ukraine supplied 4.8 million tons of sunflower oil to foreign markets, up by 23% YoY, which became a record, the association of enterprises for vegetable oils and fats production and processing Ukroliyaprom declared. Exports of fat-and-oil commodities in monetary terms reached $4.8 billion against $4.2 billion in the previous year. According to the…
The operation results of Astarta agroindustrial holding improved in all business segments in 2016, the company’s press service reported. Astarta’s plants increased sugar production by 42% in 2016/2017 agricultural year (September-August), to 505,000 tons YoY. Gas consumption per ton of sugar beet fell by 4%, to 25,100 cubic meters. In 2016 the company exported a…
Four international companies are supplying imported gas to Ukraine to sell it to local consumers, Commercial Director of the national joint-stock company Naftogaz Ukrainy Yuriy Vitrenko reported. “These are Hungarian, Swiss, German and French companies,” he said. Vitrenko said that in January these and other importers of natural gas to Ukraine imported less gas than…
S&P Global Ratings assigned its preliminary ‘B’ long-term corporate credit rating to Kernel Holding S.A. (Kernel), a Ukraine-based producer and exporter of sunflower oil and grains. The outlook is stable, S&P said in a press release. S&P assigned its preliminary ‘B’ ratings to Kernel and its proposed U.S. dollar-denominated eurobond. Final ratings will depend on…
National joint-stock company Naftogaz Ukrainy has confirmed that it received a $5.3 billion bill from Russia’s Gazprom for gas the company did not order in 2016. Naftogaz does not intend to clear it until Arbitration Institute of the Stockholm Chamber of Commerce issues its final decision, the press service of the company reported. “Gazprom refers…
Naftogazvydobuvannya operated by DTEK Naftogaz has commenced drilling a new well at Semirenkivske gas and condensate field. The project will employ new engineering solutions and environmental approaches. The 5,628 m deep well will be slanted, yet the company is going to drill, explore and test it in just 160 days. Naftogazvydobuvannya will use a retrofitted…
Money supply in Ukraine in December 2016 increased by 5.4%, to UAH 1.102 trillion, according to preliminary monetary statistics data, posted on the website of the National Bank of Ukraine (NBU). In addition, the amount of cash last month grew by UAH 25.7 billion (8.9%), to UAH 315.175 billion. The annual rise was 11.5%. According…