Business news from Ukraine

Business news from Ukraine

STATE FOOD-GRAIN CORPORATION BOOSTS GRAIN, OILSEEDS EXPORTS BY ALMOST 30% IN JAN-APRIL

25 May , 2018  

Public joint-stock company State Food-Grain Corporation in January-April 2018 increased exports of grain and oilseeds by almost 30% year-over-year, to 794,000 tonnes.
According to a report on the corporation’s website, State Food-Grain Corporation stepped up trade with its strategic partner – China Complete Engineering Corporation (CCEC) and shipped almost 484,000 tonnes of corn under the bilateral grain project. Exports grew almost 3.2-fold year-over-year.
The corporation entered new markets of Indonesia, Yemen and Mozambique.
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.

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