Astarta’s subsidiaries are successfully conducting autumn field works on the harvesting of the technical crops and preparation of soils for the following year. As of the middle of September, the company has already harvested 80% of the area under soybean and 40% under sunflower, the harvesting of the corn has just started. The company carries…
The Executive Board of the International Monetary Fund (IMF) completed the second review of Ukraine’s implementation of an economic program backed by the Extended Fund Facility and approved of the disbursement of a third tranche worth SDR 716.11 million, or about $1 billion, the IMF said in a statement. “This brings total disbursements under the…
In 2016/2017 MY, Ukraine will remain the global leader in sunflower seed production with the figure of 13-13.5 million tons, up by 1.8-2.3 million tons (or by16.3-20.7%) YoY, the General Director at the Association Ukroliyaprom Stepan Kapshuk declared. According to him, almost complete processing of sunflower seed on the domestic market of country, due to…
The United Kingdom will provide assistance to Ukraine in reforming the customs sector and the judicial system. “We’ve agreed that the UK will consistently assist us in the reform of our customs system and the introduction of a parliamentary system of transparency”, Ukraine’s Foreign Minister Pavlo Klimkin said. UK Secretary of State for Foreign and…
Arterium Corporation (Kyiv) has acquired Marifarm pharmaceutical company (Maribor, Slovenia) from Slovenian bank Nova KBM (NKBM). The bank has not disclosed the amount of the transaction. According to unofficial information from Maribor’s local edition Vecer, it is estimated at 6.8 million euro. Arterium and Marifarm intend to jointly explore new possibilities of development of pharmaceutical…
In August Ukraine exported 258.3 KMT of sunoil against 352.9 KMT in the previous month and 224 KMT in July 2015. Over 2015/2016 season (September-August) Ukraine shipped 4479 KMT of sunoil against 3870 KMT in 2014/2015, setting a new record. Among the key importers of Ukrainian sunoil were European countries (about 32% of all exports),…
As of September 15, Ukrainian sugar plants produced 94 thousand tons of sugar, Ukrtsukor National Association of Sugar Producers of Ukraine reports. Currently, 21 sugar plants are running in Vinnytsia, Volyn, Zhytomyr, Kirovohrad, Kyiv, Lviv, Poltava, Ternopil, Kharkiv, Khmelnytskyi and Cherkassy regions. Ukraine’s sugar production output reached 93.8 thousand tons on September 14. A total…