KYIV. April 13 (Interfax-Ukraine) – Rostok-Holding agro-industrial group plans to modernize an elevator complex in Novhorod-Siversky (Chernihiv region) before harvesting of early crops.
“Reconstruction of the Novhorod-Siversky elevator would help to realize our plan to optimize the structure of sowing in this cluster, in particular, to double areas with the most profit-making crop – corn. This would also allow adjusting the sowing of less profit-making crops,” Rostok-Holding CEO Valeriy Laskov said.
The cost of the project is around UAH 90 million.
After the completion of the modernization the complex’s storage and accepting capacity would double, to 22,500 tonnes and 2,500 tonnes respectively. The corn drying capacity would grow by five times, to 1,500 tonnes a day. The shipment capacity would expand to 1,500 tonnes a day.
After the completion of the elevator reconstruction the group’s storage capacity would be over 100,000 tonnes, corn drying capacity – over 6,000 tonnes a day. The shipment capacity would rise to 4,500 tonnes a day.
Rostok-Holding LLC, created in 2010, is a vertically integrated agro-industrial group. It specializes in cultivation and sale of grains, production, processing and sale of dairy products, grain trading.
It has nine cattle farms, three elevator complexes and trading companies. Its land bank is 60,000 ha.
KYIV. April 13 (Interfax-Ukraine) – A cluster handling agricultural goods, including the facilities on the territory of Mariupol maritime merchandise port (Donetsk region), would reach the projected capacity in 2019.
The port’s press service reported that this was discussed at the presentation of the cluster with participation of port Director Oleksandr Oliynyk and top managers of the project partners – STT LLC and Euro Oil.
“The cluster would be able to satisfy the needs of international and national companies operating in the agricultural sector and located close to the Mariupol port in quick handling of their cargo,” the press service said.
The cluster would also include the following facilities being under construction: the grain terminal with a grain storage capacity of over 130,000 tonnes and an annual handling capacity of 2 million tonnes of cargo. U.S.-Canadian AGI and Abrook Inc. and Germany’s Neuero will ship equipment for the terminal. The total cost of the terminal is estimated at UAH 900 million, including UAH 439 million of own funds of the port earned in the previous periods and funds of an investor who is being selected.
STT LLC seeks to invest at least UAH 100 million in modernization and mechanization of an old warehouse for general cargo at the port.
Euro Oil is building a modern complex to store and handle oil.
KYIV. April 13 (Interfax-Ukraine) – A sharptooth catfish farm with an annual capacity of up to 50 tonnes of fish has been opened in Kyiv region, according to a posting on the website of the State Fish Agency.
According to the report, catfish is produced using the recirculating aquaculture systems (RAS) that creates optimal conditions for quick fish growth.
Each month the farm receives 5,000 baby catfish from Odesa region.
The fish will be sold mainly on markets. It is planned to expand production to 200 tonnes a year and establish distribution channels via retail chains, process fish and produce smoked fish in vacuum packaging.
Vismar Aqua team designed the farm under management of businessman Liubomyr Haidamaka.
Initially Haidamaka was involved in IT business. At present he is the founder of Vismar Aqua. The company creates reflection basins, filtration systems and complexes to produce fish. The businessman plans to breed shrimp and open an oyster farm.
According to the State Fish Agency, around 50 farms produce sharptooth catfish in Ukraine with the production capacities from 1 to 50 tonnes a year.
KYIV. April 12 (Interfax-Ukraine) – Ukrainian photo bank Depositphotos seeks to invest around UA 150 million in development of Lightfield Productions photo studio with a gross area of some 2,500 square meters that was opened on April 11.
The founder of Depositphotos Dmytro Serheyev told Interfax-Ukraine that he plans that the payback period will be until the middle 2018.
He said that this is the sum, including spending on construction and equipment of the photo studio. The studio is located in Kyiv near the office of Depositphotos.
“We invite all photographers to cooperation with the studio. Best Ukrainian photographers are making pictures here. Now they will be able to earn more. We want to attract more talented authors with their own style to the industry,” Depositphotos said in a press release, citing Serheyev.
Depositphotos is an international photo bank, a commercial platform for authors and buyers of stock photos, vector graphics and video clips. The company is working with clients in 192 countries from offices in Kyiv, New York, London, Berlin, Milan, Moscow and Warsaw.
The company was founded in 2009 by businessman Serheyev. In 2016, the company was estimated at over $80 million.
KYIV. April 12 (Interfax-Ukraine) – Ukraine and the U.S. plan to discuss topical issues of deepening cooperation in the space sector within the framework of the next meeting of the bilateral working group on cooperation in the field of research and use of outer space for peaceful purposes scheduled for June.
According to the press service of the Ukrainian space department, the relevant plans were confirmed by the parties during the talks between acting Head of the State Space Agency of Ukraine (SSAU) Yuriy Radchenko with the Associate Administrator of the U.S. National Space Agency (NASA) on human exploration and operations William Gerstenmaier during the 33-rd Space Symposium, which was recently held in Colorado Springs (U.S.).
As part of the participation in the leading world forum on space activities, the Ukrainian side also held talks with representatives of the U.S. State Department, as well as with world leaders in the aerospace sphere – American Boeing and Lockheed Martin, as well as the Canadian MDA, a report says.
As it was reported, the first meeting of the Ukrainian-American working group on cooperation in the field of exploration and use of outer space for peaceful purposes was held in the U.S. in May 2016.
The parties are holding a dialogue in the new conditions on a qualitatively new content of the agenda of bilateral technological and industrial cooperation in the space sector. Among the new promising areas of partnership are, among other things, rocket engine building, the fight against space debris. Also, Kyiv hopes for a breakthrough in its intercourse with Washington on procurement of components for advanced missile technology.
KYIV. April 12 (Interfax-Ukraine) – Ukraine needs a new economic paradigm, because the current model of the national economy, which provides for the control of large rental business over state institutions, will lead Ukraine’s economy to a final decline, an MP, co-founder of the Ukrainian Business Initiative Union, Serhiy Taruta, has said.
In the course of the II Ukrainian Business Forum, he presented a doctrine of the balanced development ‘Ukraine 2030′, developed by the country’s best economists, which proposes the implementation of a person-centric model of the economy.
“There are balanced calculations showing that only intensive development based on innovative modernization of the national economy, fostering the development of the internal market, will achieve economic growth of at least 10% per year so that Ukraine’s GDP will reach $750-800 billion annually by 2030. The necessary ways to this end are unshadowing of the economy, deoffshorization and deregulation of business, fight against corruption, liberalization of tax policy, the modernization of pension schemes, the introduction of high technology, the renegotiation of cooperation with the IMF and development of the business-constitution,” Taruta said.
According to him, at present Ukraine has fallen from the level of developing countries to the category of poor countries. “And now it is a huge task for each of us to return to the category of developing countries. We all need to unite and decide what to do next. Under the best possible circumstances, Ukraine has only 3% of probability of achieving a balanced development of the developed countries’ level by 2030. It is necessary to make good use of this probability,” Taruta said.
“The doctrine provides answers to the main questions: what are the strongholds of the national economy? What should be the criteria of the national economy for the innovation leap? What are the horizons of balanced development of Ukraine? What do we want to achieve in 2030?” the deputy said.
The Ukrainian business forum traditionally unites business community of Ukraine. More than 400 Ukrainian business leaders, representatives of various sectors and regions of Ukraine, people’s deputies, Prime Minister of Ukraine Volodymyr Groysman and First Deputy Prime Minister Stepan Kubiv attended the event.
The forum is organized by influential associations of the Ukrainian business community: the Council of Entrepreneurs under the Cabinet of Ministers of Ukraine, the Ukrainian Chamber of Commerce and Industry, the Ukrainian Business Initiative, the Ukrainian Union of Industrialists and Entrepreneurs, the Federation of Ukraine’s Employers.
