In Ukraine, on Sunday, August 11, the weather is expected to be without precipitation, with light rain in the Carpathians in some places during the day, the Ukrainian Weather Center reports.
Northwest wind, 7-12 m/s.
The temperature at night will be 12-17°, in the south 17-22°, during the day 22-27°, in the south and eastern regions 28-33°.
No precipitation in Kyiv on August 11. Northwest wind, 7-12 m/s.
Temperature at night 15-17°, during the day 24-26°.
According to the Borys Sreznevsky Central Geophysical Observatory, on August 11, the highest daytime temperature in Kyiv was 34.7° in 1992, 2015, and the lowest nighttime temperature was 8.4° in 1919, 1956.
On Monday, August 12, there will be no precipitation in Ukraine. West, northwest wind, 5-10 m/s.
Temperature at night 11-16°, in the south up to 20°; during the day 21-26°, in the south and Transcarpathia 25-30°.
No precipitation in Kyiv on Monday. West, northwest wind, 5-10 m / s.
Temperature at night 14-16°, during the day 23-25°.
Geographical structure of Ukraine’s foreign trade (surplus) in Jan-May 2024, mln USD
Source: Open4Business.com.ua
Astarta Agro-Industrial Holding, the largest sugar producer in Ukraine, has completed the harvest of winter grains and pulses on an area of over 61 thousand hectares.
According to the press service of the agricultural holding on Facebook, the gross harvest exceeded grain and amounted to 302 thousand tons, including 260 thousand tons of winter wheat, 40 thousand tons of rapeseed and 2 thousand tons of winter peas.
According to the report, the abnormally hot and precipitation-free weather allowed for a quick harvest. This year’s harvest lasted 14-17 days (within the region), while last year’s harvest lasted 24 days.
The average yield of winter wheat in the agroholding was 5.3 tons/ha, and winter rapeseed – 3.4 tons/ha. The highest average yields of 6.3 tons/ha of winter wheat and 3.8 tons/ha of winter rapeseed were recorded in Khmelnytsky and Vinnytsia regions. The average yield of winter peas, a new crop for the company, was 3.5 tons/ha.
“The well-coordinated work of the team, stable communication in the fields (StarLink) and dispatching of the entire supply chain (AgriChain) made it possible to ensure the smooth running of all processes. In such unfavorable weather conditions, early winter rape and wheat varieties were more productive, while late hybrids were less productive. Winter peas also proved to be a good performer. In general, this year, as in the previous year, we focused on optimizing production costs, given the price environment. And I think we are succeeding,” said Roman Pavlyk, Head of Crop Production at Astarta-Kyiv.
At the end of this week, the agricultural holding plans to start harvesting soybeans and sunflower.
In 2023, Astarta Agro Holding, the largest sugar producer in Ukraine, reduced its net profit by 5.0% to EUR 61.9 million, and its EBITDA decreased by 6.1% to EUR 145.77 million, while revenue increased by 21.3% to EUR 618.93 million.
Astarta CEO Viktor Ivanchik’s family currently owns 40.68% of the company. Fairfax Financial Holdings is also a major shareholder with 29.91%, and another 2.12% of shares belong to the company itself and were previously bought back as part of a buyback.
Geographical structure of Ukraine’s foreign trade (imports) in Jan-May 2024, mln USD
Source: Open4Business.com.ua
Insurance Company “Railway Shares” (Poltava) has increased its authorized capital from UAH 21.3 million to UAH 32 million by holding an additional issue of UAH 10.7 million, according to the insurer’s information published in the information disclosure system of the National Securities and Stock Market Commission.
As reported, 214 thousand shares with a par value of UAH 50 per share were issued during the issue.
As reported, Victoria Matkovska, who owns 94.82% of the insurer’s shares, announced on December 18, 2023, a public irrevocable offer for all shareholders of the company to purchase their shares.
With a par value of UAH 50, the purchase price is UAH 100.45, which corresponds to the market value.
As reported, the National Bank of Ukraine has approved Victoria Matkovskaya’s direct ownership of 94.82% of shares in the insurance company Railways. Later, on December 11, 2023, it confirmed that the company’s ownership structure met the transparency requirements.
Railway Shares Insurance Company was registered in 1994 and specializes in providing risk insurance services.