Independent rating agency Credit-Rating announced the confirmation of the long-term credit rating of the First Ukrainian International Bank (FUIB) at the level uaAA. The rating outlook is stable. The agency has also confirmed the deposits reliability rating of the bank at the level of “5” (highest reliability). The rating was updated on September 29. When…Details
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Yuzgas B.V. (the Netherlands) and its parent company, Emerstone Energy investment fund (Luxembourg), will consider the disclosure of their ultimate beneficiaries after they agree on the main provisions of the agreement on Yuzivska deposit with the government of Ukraine, reads a letter to Ukraine’s Energy and Coal Industry Minister Ihor Nasalyk, promulgated by MP Viktoria…Details
Ukraine, as well as the whole world, has faced unprecedented economic challenges. Unfortunately, the global economy still feels the effect of 2008 economic crisis, which means new challenges, both for domestic agricultural sector, and for oil and fat business in particular. It’s no secret that Ukraine mainly operates in raw materials markets. A 50% and…Details
Rye production is steadily declining in Ukraine. If earlier Ukraine was an exporter of rye, before 2014 Ukrainian rye harvest was just enough for domestic consumption only. Over the last two seasons a new trend has emerged – both rye and rye flour imports are growing. The need to import one of Ukrainian traditional grain…Details
As of October 4, Ukrainian agrarians harvested 45.08 million tons of grains throughout the areas of 11.149 million ha, or 78% of the plan. The average yield totaled 4.04 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 43.5…Details
As of October 3, all regions of Ukraine planted winter rapeseed throughout the areas of 717.5 thousand ha, or 99% of the plan, up by 145 thousand ha YoY, the Ministry of Agrarian Policy and Food of Ukraine declared. Odessa, Vinnytsia, Khmelnytskyi, Ternopil and Lviv regions showed the largest planted area under winter rapeseed. (APK-Inform/Business…Details
Asket Shipping company, which is a key cargo shipper of grains in the seaport of Berdyansk, plans to participate in investment project on construction of modern port silo. The company is at the first stage of this project. It plans to construct 8 grain silos with the total storage capacity of 67.5 KMT. Now, except…Details