Business news from Ukraine

FARMING ENTERPRISES GET UAH 11.6 MLN COMPENSATION FOR BOUGHT AGRICULTURAL MACHINERY FOR AUG-SEPT

5 October , 2017  

KYIV. Oct 5 (Interfax-Ukraine) – Agricultural enterprises received UAH 11.58 million for August-September 2017 under the program on partial compensation for agricultural machinery made in Ukraine bought by farmers as budget subsidy.
The Agricultural Policy and Food Ministry said that 68 enterprises filed for compensation in September. The total sum reached UAH 10.856 million and was sent to banks to send the money to farmers.
In August, applications for receiving compensations by six enterprises in the amount of UAH 727,400 were sent to banks.
As reported, the Cabinet of Ministers announced UAH 4 billion of subsidies in agriculture in 2017.