News From Agro-Industrial Complex

Since its launch, the Ukrainian Sea Corridor has facilitated the export of 79.1 million tonnes of goods, including 52.7 million tonnes of agricultural products.

The Ukrainian Sea Ports Authority reported this on October 31, the International Black Sea Day.

NOVAAGRO takes control of AgroGeneration

NOVAAGRO Ukraine LLC (“NOVAAGRO”), a Ukrainian agro-industrial group of companies that operates in several areas: production and export of sunflower oil and wheat flour, poultry farming, transport and storage of grains and oilseeds, has completed the off-market acquisition from Konkur Investments Limited (“Konkur”) of a total of 126,084,106 shares representing 56.90% of AgroGeneration’s share capital and voting rights, for a price of USD 0.036 per share (or € 0.033 per share based on today’s exchange rate). The transfer of shares was executed on October 30th, 2024.

At its plenary session on 29 October, the Verkhovna Rada of Ukraine adopted in second reading the draft law on plea bargaining. This is an indicator under Ukraine’s Plan for the implementation of the EU’s Ukraine Facility programme, which aims to strengthen the anti-corruption infrastructure and improve legislation in line with international standards.

Romania has extended the list of imports from Ukraine that require a licence to enter the country, according to a government decision on Wednesday, following complaints from Romanian farmers about the dumping prices of Ukrainian products.