Business news from Ukraine

PORT ELEVATORS OF STATE FOOD-GRAIN CORPORATION HANDLE 1.5 MLN TONNES OF GRAIN SINCE EARLY 2016/17 AGRI-YEAR

1 March , 2017  

KYIV. March 1 (Interfax-Ukraine) – Port elevators of public joint-stock company State Food-Grain Corporation since early 2016/17 agricultural year have handled 1.5 million tonnes of grain, the company’s press service has reported.

The situation with delivery of grain of the corporation from elevators to ports is a problem.

“In February we received only a half of 3,000 wagons declared. On average the supply of grain wagons is 45-50%. This affects handling and exports volumes,” Director of the logistics department Dmytro Shmokarev said.

As reported, the corporation is working on a project to create own fleet of wagons to solve the problem of a lack of grain wagons. The corporation intends to buy up to 500 wagons in 2017.

The government in August 2010 decided to create the State Food and Grain Corporation of Ukraine. The corporation has a chain of branches, comprised of grain storage facilities, flourmills, fodder factories and a cereals factory. The 53 subdivisions of the corporation can store a total of 3.75 million tonnes of grain, which includes the grain handling capacities of Odesa and Mykolaiv ports of some 2.5 million tonnes of grain cargo per year.