KYIV. July 6 (Interfax-Ukraine) – The capacity of the berry market in Ukraine is estimated at 190,000-200,000 tonnes, or more than $250-300 million, while its annual growth rate is 2-4%, UkrAgroConsult CEO Serhiy Feofilov has said at a press conference at Interfax-Ukraine.
“The berry market of Ukraine is at the stage of formation. Investment has recently come here. Currently we are on the threshold of a highly liquid berry market in Ukraine,” he said.
According to the expert, over the past few years the area under berry plantations in Ukraine grew by several times, the assortment of berries expanded. At the same time, berry consumption is three or four times less than in Europe.
Manufacturers noted difficulty in exporting fresh berries due to the closure of the Russian market. EU states import mainly frozen berries, but such production in Ukraine is not high enough.
“Almost 90% of my clients believe the Russian market will open. But the market won’t open not because we have bad relations but because very large investments have been made to develop berry fields in Russia. Currants and raspberries grow well in Russia, there are state programs of support,” Director of the Brusviana berry farm Liliana Dmitriyeva said.
She said there are prospects for exports to countries where a hot climate does not allow growing some types of berries.
She stated the government and the Ministry of Agricultural Policy and Food should lobby for the opening of markets for exports of Ukrainian berries and removal of quarantine restrictions in this field.
KYIV. July 6 (Interfax-Ukraine) – Ukraine in January-May 2016 increased electricity exports by 29.4% compared to the same period in 2015, to 1.863 billion kWh, a source in the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Electricity supplies from the Burshtyn thermal power plant energy island in the direction of Hungary, Slovakia and Romania for the four months decreased by 9.8% compared to January-May 2015, to 1.294 billion kWh.
Electricity supplies to Poland amounted to 564.945 million kWh, while in January-May 2015 they were not carried out.
In January-May 2016 Moldova was supplied 3.702 million kWh of power, Belarus was not supplied electricity. In January-May 2015 exports to Moldova and Belarus was 3.508 million kWh and 364,000 kWh respectively.
Ukrainian electricity was not exported to Russia in January-May 2015 and January-May 2016.
At the same time, in May 2016 exports of Ukrainian electricity amounted to 282.729 million kWh, which is 3.2% down year-on-year.
In addition, Ukraine in January-May 2016 imported 20.123 million kWh of electricity against 1.390 billion kWh for the five months of 2015.
KYIV. July 6 (Interfax-Ukraine) – Bank Trust-Capital (Kyiv) intends to increase charter capital by UAH 80 million, or 66.7%, to UAH 200 million, according to a press release from the financial institution.
According to the report, the issue of increasing charter capital through additional share issue will be considered at a general meeting of shareholders scheduled for August 8, 2016.
The decision was made in connection with the development and expansion of the bank’s activities.
The charter capital of the bank currently stands at UAH 120 million.
PJSC Trust-Capital was founded in 2004.
As reported, in September 2015 the sole shareholder of the bank was Iryna Kravchenko, increasing her stake to 99.9862% from 24.9942%.
SLV Enterprises Ukraine, which owned 49.995% in the financial institution, and Dapex Trading Ukraine, which held 24.997%, sold their shares.
Bank Trust-Capital ranked 87th among 109 Ukrainian banks on April 1, 2016 by total assets (UAH 344.979 million), according to the National Bank of Ukraine.
KYIV. July 6 (Interfax-Ukraine) – The National Bank of Ukraine (NBU) expects foreign exchange reserves to grow to $18.7 billion in 2016 and to $22.6 billion in 2017, according to materials distributed during the press conference of NBU Deputy Head Vladyslav Rashkovan.
As reported, Ukraine’s international reserves rose by 2.2% in May 2016, to $13.536 billion.
HLOBYNE (POLTAVA Region.). July 5 (Interfax-Ukraine) – Astarta is considering the possibility of building a bioethanol plant in Hlobyne (Poltava region), company COO Zeljko Erceg has told reporters.
“This is a serious project. It perfectly fits the existing technological chain,” he said.
According to Erceg, the project cost could reach $45-50 million, while design capacity will be 100,000 tonnes of processed molasses per year.
He said the construction of the plant could take about two years, the technological feasibility of the project was made by specialists of the International Finance Corporation.
Astarta is a vertically integrated agro-industrial holding, uniting six regional divisions in Poltava, Vinnytsia, Khmelnytsky, Ternopil, Zhytomyr, and Kharkiv regions. They include nine sugar factories, agricultural farms with a land bank of about 250,000 hectares and dairy farms. The holding also has a plant for processing soybeans in Poltava region (Globyno processing plant).
KYIV. July 5 (Interfax-Ukraine) – Epicenter K LLC has become the holder of 80% of shares in the charter capital of Vinnytsia Agrarian-Industrial Group, according to the public register.
As of July 2, 2016, Unar Holding Ltd. (Cyprus) and Nyva and K LLC (Vinnytsia region) held 10% each in the Vinnytsia company.
Ultimate beneficiaries of Vinnytsia Agrarian-Industrial Group are Halyna Hereha, Volodymyr Bartsos and Tetiana Surzhyk.
Ukraine’s Antimonopoly Committee of Ukraine reported on Saturday that it fined Epicenter K LLC UAH 170,000 for acquisition of over 50% in the charter capital of Vinnytsia Agrarian-Industrial Group without a permit.
The committee issued relevant permit to the company.
Vinnytsia Agrarian-Industrial Group cultivates around 50,000 ha of land in Vinnytsia and Khmelnytsky regions. It has four elevators with a total capacity of 250,000 tonnes.