UAC News

The European Bank for Reconstruction and Development (EBRD) is supporting operations of its long-standing client Astarta, one of the largest vertically integrated agro industrial holdings in Ukraine, during the coronavirus pandemic by extending the working capital facility approved in 2018.

A 2-year US$10 million loan to the Ukrainian operator of over 230,000 hectares of arable farm land, sugar plants, a soybean processing factory and dairy farms will help it implement plans related to the introduction of the precision farming.  

The drought in major corn-growing regions continued intensifying in the latter half of August, and later varieties in the north of the country were affected as well.

Therefore, UkrAgroConsult reduces its forecast for Ukraine’s corn crop at the expense of a yield decrease.

At the end of June, NIBULON’s General Director, Hero of Ukraine Oleksiy Vadaturskyy announced the acquisition of the company’s own hopper cars.

During January-April 2019 Ukrainian producers of honey have exported 17.5 thousand tons of honey and have got $32.3 mln. The quantity of trade has increased at 35.85% in comparison with the same period of 2018. The main consumers were Germany (26.64% in the export structure), Belgium (20.15%) and Poland (12.76%).