In December 2023, KSG Agro agricultural holding exported 4600 tons of wheat to Spain, the company’s press service reports.
According to the report, the wheat was purchased by grain trading companies.
“In wartime, any export delivery is always a task with many unknowns. However, despite numerous difficulties, we continue to export grain to international markets. In the current most difficult period of Ukraine’s history, the food security of many countries depends on us, agricultural producers and exporters,” said Sergiy Kasyanov, Chairman of the Board of Directors of KSG Agro, as quoted in the report.
As reported, in the first quarter of 2023, KSG Agro exported 4,200 tons of grain crops mainly to Asia and Africa. Deliveries were made as part of the “grain corridor” through the ports of Odesa and Odesa region.
KSG Agro, a vertically integrated holding company, is engaged in pig breeding, as well as the production, storage, processing and sale of grains and oilseeds. Its land bank is about 21 thousand hectares in Dnipropetrovska and Kherson regions.
According to the agricultural holding, it is one of the top 5 pork producers in Ukraine.
In January-September 2023, KSG Agro received $1,336 million in net profit, which is almost 14 times more than in the same period in 2022. Its EBITDA for the three quarters of this year increased by 67% to $4.5 million, and sales revenue increased by 16% to $11.9 million.
Key indicators of state budget (monthly), UAH billion
Source: Open4Business.com.ua and experts.news
The construction project management outsourcing is a new service in Rauta offer, but the company already has several projects in its portfolio where it performs turnkey construction works.
The new 7-storey business center has an area of about 3.000 sq.m and modern infrastructure with a comfortable workspace for IT entrepreneurs.
Performance of Rauta construction project management outsourcing includes the following stages:
More information about the construction project management outsourcing
The Ukrainian state postal service enterprise Ukrposhta (Kyiv) announced a tender for compulsory insurance of drivers against transport accidents on January 31, according to the ProZorro electronic public procurement system.
According to the system, the expected cost of the services is UAH 771.375 thousand.
The deadline for submitting bids is February 8.
The refusal from Russian nuclear fuel with a parallel active entry into the global nuclear materials market allowed Energoatom to save UAH 2.3 billion on the difference in world prices since 2022.
“The effective work of Energoatom in the uranium market and its conversion and enrichment services has given Ukraine the opportunity not only to get rid of its dependence on Russian nuclear fuel, but also to save significant funds,” the company said, citing NNEGC Chairman Petro Kotin.
According to him, the decisions taken by the company in 2022-2023 to increase the purchase of uranium and uranium conversion and enrichment services, as well as the negotiations and contracts concluded in advance with Energoatom’s international partners, represented by the British Urenco and Canadian CAMECO, have brought positive results so far.
“Firstly, we have calmly and without damage completely abandoned nuclear materials and related services of Russian origin. Secondly, we save about UAH 2.3 billion on the difference in world prices for these products (from the time of procurement to the present day, they have increased by more than a third on average),” Kotin said.
According to the NNEGC, the global revival of nuclear generation has led to a continuous increase in prices for uranium and uranium conversion and enrichment services, which are already reflected in world records.
“Therefore, the contracts signed by Energoatom with Urenco and CAMECO guarantee long-term uninterrupted operation of the domestic nuclear generation,” the company added.
Urenco, in particular, will supply Energoatom with uranium enrichment services until 2035 with the possibility of extending the contract until 2043; CAMECO will meet Energoatom’s needs for natural uranium hexafluoride (UF6) by 100% in 2024-2035 by supplying it and providing conversion services.
The Forum for the Reconstruction of Ukraine is taking place in Istanbul. It began with a meeting between Turkish Trade Minister Omer Bolat and Minister of Transport and Infrastructure Abdulkadir Uraloglu and Vice Prime Minister of Ukraine Oleksandr Kubrakov.
“We held fruitful meetings with Omer Bolat and Abdulkadir Uraloglu, who organized the Ukraine Reconstruction Forum, an initiative that promotes cooperation in the recovery and development of the affected regions. This demonstrates a strong commitment,” Kubrakov wrote on social network X.
He noted that the forum will help increase the trade potential of the countries, expand logistics and foreign economic relations.
“We have a common goal: The Black Sea should become a zone of cooperation, trade and economic growth. It is important to attract private investment in infrastructure rehabilitation. This year, projects aimed at restoring energy, housing, critical and social infrastructure are prioritized,” Kubrakov said.
The Turkish Minister of Trade, for his part, emphasized that the experience gained from successful projects implemented by Turkish contractors in different regions of the world to date will become a cornerstone of cooperation between the two countries, especially in the reconstruction of Ukraine.
“In addition, together with Kubrakov, we have made important assessments of increasing the volume of mutual trade and strengthening economic relations between the two countries,” he wrote in X.
