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.
For the first quarter of 2019 consolidated revenues of the Astarta grew by 28% to EUR 116 million y-o-yon back of solid performance by the agriculture and the soybean processing segments.
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%).
As of January 1, 2019, the number of private farms in Ukraine decreased by 0.9% from the previous year, according to the State Statistics Service of Ukraine.
According to the State Statistics Service, grains and pulses stocks in Ukraine as of March 1, 2019 were 9.4% higher than as of the same date last year.
On March 20, the scientific and educational elite of Ukraine arrived in Mykolaiv as part of the fourth round of the All-Ukrainian Olympiad in geography. The guests visited NIBULON shipbuilding and repair yard and the transshipment terminal.