IMC Agro Holding has completed sunflower harvesting on 24.3 thou hectares, yielding 77.7 thou tons of gross harvest with a yield 60% higher than the national average of 3.2 t/ha, the company’s press service reported on its Facebook page.
According to the report, IMC also sowed winter wheat on an area of 20.7 thousand hectares.
“This year, September was abnormally dry and hot, so we managed to complete all field work in a short time. As a result, despite the hot and dry summer, we harvested a good sunflower crop with high quality indicators. As for the winter crops sown at the optimum time, we expect productive precipitation to sprout,” said Bogdan Krivitsky, Chief Operating Officer of the agricultural holding.
“IMC is an integrated group of companies operating in Sumy, Poltava and Chernihiv regions (north and center of Ukraine) in the crop production, elevators and warehouses segments. The company’s land bank is about 120 thousand hectares and storage capacity is 554 thousand tons, with a harvest of 1.002 million tons in 2023.
In the first half of 2023, IMC earned $6.28 million in net profit, down 44.6% year-on-year, while its revenue increased by 61.6% to $71.95 million, including a 41.2% increase in exports to $58.9 million. Normalized EBITDA amounted to $17.06 million, down 41% compared to the first half of 2022, due to higher selling costs and lower harvest prices.
Sukha Balka mine (Kryvyi Rih, Dnipropetrovska oblast), part of Aleksandr Yaroslavskyi’s DCH group, intends to mine iron ore from the Druzhba deposit below the 1,210-meter horizon.
According to the documentation available to Interfax-Ukraine, the planned activity is to open and mine the rich ore reserves of the Druzhba deposit below the 1210-meter horizon at the horizon marks of the mine’s 1227, 1244, 1261 and 1275.
It was clarified that the reconstruction is being carried out to maintain the company’s capacity.
Sukha Balka Mine is one of the leading mining companies in Ukraine. It produces iron ore by underground mining. It includes Yubileynaya and Frunze mines.
In May 2017, DCH Group acquired a stake from Evraz Group.
NNEGC Energoatom has connected a 1000 MW nuclear power unit to the Ukrainian power grid 12 days ahead of schedule, the company said.
“On October 1, after scheduled preventive maintenance, Energoatom specialists successfully connected a power unit of one of the nuclear power plants to the grid. The power is being ramped up. Thanks to the high-quality work of nuclear engineers, the unit was brought out of repair 12 days ahead of schedule,” the company said in a telegram on Tuesday.
It added that after the unit reaches full capacity, the power system will have plus 1000 MW of capacity.
“The repair campaign is entering the home stretch and by the start of the outage, all nine units located in the government-controlled territory will be ready to operate during the most difficult months. I thank the team for their excellent work in difficult conditions,” Energoatom CEO Petro Kotin said in a statement, emphasizing that the work is being performed efficiently and ahead of schedule.
As reported, after the occupation of the 6 GW Zaporizhzhya NPP on March 4, 2022, nine units at the South Ukrainian, Khmelnytsky and Rivne NPPs with a total installed capacity of about 7.8 GW have been operating in the Ukrainian power system.
“Nova Poshta, Ukraine’s largest logistics operator, has raised its tariffs for the delivery of documents, parcels and cargo by an average of UAH 10 on October 1.
As the company posted on its website on Monday, a number of fees have been canceled, including the fee for the declared value of parcels returned.
Starting from October 1, sending documents in a branded envelope, which is included in the price, costs UAH 65, delivery of parcels up to 2 kg in the city costs UAH 60, up to 10 kg – UAH 90, up to 30 kg – UAH 140. For delivery in Ukraine, parcels up to 2 kg cost UAH 80, up to 10 kg – UAH 110, up to 30 kg – UAH 160. Cargoes over 30 kg are delivered between branches in the city with a coefficient of +0.5 UAH/kg, between branches in Ukraine: + 1 UAH/kg.
The fixed cost of packaging for parcels up to 30 kg when sent through a post office is UAH 15. Parcels can be packed free of charge in a branded package for 0.5 kg, 1 kg, 2 kg and 4 kg.
Nova Poshta explained the need to increase tariffs by the rising prices for energy – electricity and fuel – as well as rising consumer prices and inflation.
“By updating the tariffs, we are simultaneously introducing new technologies and improving the provision of services. The increase in tariffs will allow us to continue working and create an opportunity for Ukrainians to receive their parcels as quickly as possible,” Nova Poshta said in a statement.
It is noted that the company’s customers still have access to free services, including the service of return from the buyer to the seller if the goods do not fit; free parcel forwarding in Ukraine.
PJSC Ukrnafta has purchased and handed over 20 AUTEL EVO MAX 4T thermal imaging copters and 60 DJI Mavic 3PRO drones, as well as control panels for the 13th Brigade of the National Guard of Ukraine “Charter”.
“This is the first batch of funds and equipment donated. Ukrnafta’s total contribution is UAH 10 million. The birds are already helping the guys in the Kharkiv sector to perform combat missions,” wrote Sergiy Koretsky, Ukrnafta’s CEO, on his Facebook page.
“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and operates a total of 545 filling stations – 460 owned and 85 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense.
One of the largest grain market operators in Ukraine, JV Nibulon LLC, has modernized two elevator complexes in Mykolaiv region, the grain trader’s press service reported on its Facebook page.
According to the report, a second transshipment line was built at the Vradiyevsky agricultural complex, which doubled the capacity and changed the scheme of acceptance and shipment. Nibulon expects that instead of 50-80 tons per hour, the complex will be able to unload 150-180 tons per hour.
In addition, the second auto-loading point at this branch was re-equipped: the size of the loading pit was significantly increased, a modern shed with roller shutters was built, transport equipment was replaced, and an automatic process control system was installed on the new equipment.
The agro-industrial complex also expanded the area of concrete roads, which gave farmers a complete route from the laboratory through the weighing room to the loaders. The improvements have significantly reduced the time for unloading grain and enabled us to work with several crops simultaneously.
At the Kolosivsky Elevator branch, the company increased the productivity of the process of unloading grain onto trucks by installing two bins with a capacity of 40 tons each. They allow for quick accumulation and shipment of grain. Four pieces of transportation equipment under the first and second truck unloaders were also replaced.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader had 27 transshipment terminals and crop reception complexes, a capacity for simultaneous storage of 2.25 million tons of agricultural products, a fleet of 83 vessels (including 23 tugs), and owned the Mykolaiv Shipyard.
“Before the war, Nibulon cultivated 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries. In 2021, the grain trader exported the highest ever volume of 5.64 million tons of agricultural products, reaching record volumes of supplies to foreign markets in August – 0.7 million tons, in the fourth quarter – 1.88 million tons, and in the second half of the year – 3.71 million tons.
Nibulon’s losses due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
